New Concept Energy (GBR) Q2 2026 earnings summary

Executive summary

• Report covers the quarter ended June 30, 2026, with 5,131,934 shares of common stock outstanding as of August 7, 2026.

• The company operates primarily in commercial real estate, owning 190 acres in West Virginia with a main industrial/office building under lease until October 2029.

• Management continues to evaluate new business opportunities to enhance income and cash flow.

• Reported a net loss from continuing operations of $66,000 for Q2 2026, compared to a net loss of $18,000 in Q2 2025.

• Total revenue for Q2 2026 was $41,000, slightly up from $40,000 in Q2 2025.

Financial highlights

• Total revenue for Q2 2026 was $41,000, up slightly from $40,000 in Q2 2025; rental income was flat at $26,000, and management fees increased to $15,000 from $14,000.

• Net loss for Q2 2026 was $(66,000), compared to $(18,000) in Q2 2025; for the six months ended June 30, 2026, net loss was $(80,000) versus $(38,000) in the prior year.

• Interest income declined to $35,000 in Q2 2026 from $42,000 in Q2 2025; for the six months, interest income was $72,000, down from $85,000 year-over-year.

• Corporate general and administrative expenses rose to $129,000 in Q2 2026 from $85,000 in Q2 2025; for the six months, these expenses were $206,000, up from $174,000.

• Cash and cash equivalents at June 30, 2026, were $304,000, down from $383,000 at December 31, 2025.

Outlook and guidance

• Management notes that operating results for the six months ended June 30, 2026, are not necessarily indicative of results for the full year.

• The company is actively seeking new business opportunities to improve income and cash flow.