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 LossNew 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 RevenueTotal 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 ExpensesTotal 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 OperationsLoss from operations improved to - $51,000 for the three months ended March 31, 2026, from - $63,000 in the same period of 2025.

Other IncomeInterest 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 AssetsCash 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 AssetsTotal assets were $4,541 as of March 31, 2026, a slight decrease from $4,560 as of December 31, 2025.

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

Stockholders’ EquityTotal 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/GuidanceThe 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.