New Concept Energy Inc
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
GBR$0.59-2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(amounts in thousands)
| At December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $447 | $436 |
| Other current assets | 12 | 30 |
| Total current assets | 459 | 466 |
| Property and equipment, net | ||
| Land, buildings and equipment | 629 | 631 |
| Note Receivable - related party | 3,542 | 3,542 |
| Total assets | $4,630 | $4,639 |
CONSOLIDATED BALANCE SHEETS - CONTINUED
(amounts in thousands, except share amounts)
| At December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Liabilities and stockholders' equity | ||
| Current liabilities | ||
| Accounts payable - trade (including $8 in 2023 and 2022 due to related parties) | $36 | $23 |
| Accrued expenses | 39 | 40 |
| Total current liabilities | 75 | 63 |
| Stockholders' equity | ||
| Series B convertible preferred stock, $10 par value, liquidation value | ||
| of $100, authorized 100,000 shares, issued and outstanding one 1 share | 1 | 1 |
| shares; issued and outstanding, 5,131,934 shares | ||
| at December 31, 2023 and 2022 | 51 | 51 |
| Additional paid-in capital | 63,579 | 63,579 |
| Accumulated deficit | (59,076) | (59,055) |
| 4,555 | 4,576 | |
| Total liabilities & stockholders' equity | $4,630 | $4,639 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.