New Concept Energy Q1 FY26 net loss narrows to ($14,000)
New Concept Energy, Inc.
New Concept Energy, Inc. GBR | 0.00 |
- New Concept Energy posted a net loss from continuing operations of ($14,000) for three months ended March 31, 2026, narrowing from ($20,000) a year earlier.
- Revenue edged up to $39,000 from $38,000, including $26,000 in rental income and $13,000 in management fees.
- Corporate general and administrative expenses fell to $77,000 from $89,000.
- Cash and cash equivalents totaled $318,000 at March 31, 2026, down from $383,000 at Dec. 31, 2025; current assets were $380,000 versus current liabilities of $64,000.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Concept Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-26-005713), on May 07, 2026, and is solely responsible for the information contained therein.
