New Concept Energy, Inc.

For the period ended Dec 31, 2024. Filed Mar 24, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 24, 2025

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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Contents

Consolidated Balance Sheets

(amounts in thousands)

	At December 31,
	2024	2023
Assets
Current assets
Cash and cash equivalents	$363	$447
Other current assets	9	12
Total current assets	372	459
Property and equipment, net
Land, buildings and equipment	636	629
Note and Interest Receivable - related party
Note Receivable	3,542	3,542
Interest Receivable	44	-
Note Receivable - related party	3,586	3,542
Total assets	$4,594	$4,630

CONSOLIDATED BALANCE SHEETS - CONTINUED

(amounts in thousands, except share amounts)

	At December 31,
	2024	2023
Liabilities and stockholders' equity
Current liabilities
Accounts payable - trade (including $7 in 2024 and $8 in 2023 due to related parties)	$20	$36
Accrued expenses	37	39
Total current liabilities	57	75
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
Common stock, $.01 par value; authorized 100,000,000 shares; issued and outstanding, 5,131,934 shares at December 31, 2024 and 2023	51	51
Additional paid-in capital	63,579	63,579
Accumulated deficit	(59,094)	(59,076)
Total stockholders' equity	4,537	4,555
Total liabilities & stockholders' equity	$4,594	$4,630

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.