---
title: "New Concept Engy | 8-K: FY2026 Q1 Revenue: USD 39 K"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285992152.md"
datetime: "2026-05-11T20:29:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285992152.md)
  - [en](https://longbridge.com/en/news/285992152.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285992152.md)
generator: "portal-rs"
---

# New Concept Engy | 8-K: FY2026 Q1 Revenue: USD 39 K

Revenue: As of FY2026 Q1, the actual value is USD 39 K.

EPS: As of FY2026 Q1, the actual value is USD -0.01.

EBIT: As of FY2026 Q1, the actual value is USD -88 K.

#### Financial Performance for the Three Months Ended March 31, 2026 and 2025

**Net Loss**New Concept Energy, Inc. reported a net loss from continuing operations of - $14,000 for the three months ended March 31, 2026, improving from a net loss of - $20,000 for the similar period in 2025.

**Segment Revenue**Total revenue for the three months ended March 31, 2026, was $39,000, consisting of $26,000 from rental income and $13,000 from management fees. In the comparable period of 2025, total revenue was $38,000, with $26,000 from rental income and $12,000 from management fees.

**Operating Expenses**Total operating expenses for the three months ended March 31, 2026, were $90,000, a decrease from $101,000 in the prior year period. Corporate general and administrative expenses decreased to $77,000 in 2026 from $89,000 in 2025. Other operating expenses were $13,000 in 2026 compared to $12,000 in 2025.

**Loss from Operations**Loss from operations improved to - $51,000 for the three months ended March 31, 2026, from - $63,000 in the same period of 2025.

**Other Income**Interest income amounted to $37,000 in the first quarter of 2026, including $34,000 from related parties. This is a decrease from $43,000 in interest income reported in the first quarter of 2025, which included $39,000 from related parties.

#### Condensed Consolidated Balance Sheet Highlights (amounts in thousands)

**Current Assets**Cash and cash equivalents were $318 as of March 31, 2026, compared to $383 as of December 31, 2025. Total current assets were $380 as of March 31, 2026, down from $396 as of December 31, 2025.

**Total Assets**Total assets were $4,541 as of March 31, 2026, a slight decrease from $4,560 as of December 31, 2025.

**Current Liabilities**Total current liabilities were $64 as of March 31, 2026, compared to $69 as of December 31, 2025.

**Stockholders’ Equity**Total stockholders’ equity was $4,477 as of March 31, 2026, down from $4,491 as of December 31, 2025. The accumulated deficit was - $59,154 as of March 31, 2026, compared to - $59,140 as of December 31, 2025.

**Cash Flow and Outlook/Guidance**The provided reference does not contain detailed cash flow information (such as operating cash flow or free cash flow) or any outlook/guidance statements for New Concept Energy, Inc.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**