Form 8-K

8-K — New Concept Energy, Inc.

Accession: 0001214659-26-005927

Filed: 2026-05-11

Period: 2026-05-07

CIK: 0000105744

SIC: 1311 (CRUDE PETROLEUM & NATURAL GAS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — o5112618k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex99_1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE

COMMISSION

Washington,

D.C. 20549

FORM 8-K

CURRENT

REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act

Date of Report (Date of earliest event reported):

May

7, 2026

NEW CONCEPT ENERGY, INC.

(Exact Name of Registrant as Specified in its Charter)

Nevada

000-08187

75-2399477

(State or other

jurisdiction of incorporation)

(Commission

File No.)

(I.R.S. Employer

Identification No.)

1603 LBJ Freeway, Suite 300

Dallas, Texas

75234

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code

972-407-8400

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under

the Securities Act (17 CFR 30.425)

¨ Soliciting material pursuant to Rule 14a-12 under

the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule

14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule

13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading

Symbol

Name of Each Exchange on which Registered

Common Stock, par value $0.01

GBR

NYSE American

Indicate by check mark whether the Registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (‘230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (‘240.12b-2 of this chapter).

Emerging

growth company ¨

an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 2 – Financial Information Statements

Item 2.02. Results of Operations and Financial Condition.

On May 7, 2026, New Concept Energy, Inc. (“GBR”

or the “Company”) announced its operational results for the quarter ended March 31, 2026. A copy of the announcement

is attached as Exhibit “99.1.”

The information furnished

pursuant to Item 2.02 in this Form 8-K, including Exhibit “99.1” attached hereto, shall not be deemed to be “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless we specifically

incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. We undertake

no duty or obligation to publicly update or revise the information furnished pursuant to Item 2.02 of this Current Report on Form 8-K.

Section 9 – Financial Statements and

Exhibits

Item 99.2 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is furnished with

this Report:

Exhibit

Designation

Description

99.1*

Press Release, dated May 7, 2026

_________________________

* Furnished herewith

Dated:

May 8, 2026.

NEW CONCEPT ENERGY, INC.

By:

/s/

Gene S. Bertcher

Gene S. Bertcher, President,

Chief

Executive Officer and Chief Financial

Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex99_1.htm · Sequence: 3

Exhibit 99.1

NEWS RELEASE

FOR IMMEDIATE RELEASE

Contact:

New Concept Energy Inc.

Investor Relations

Gene Bertcher, (800) 400-6407

info@newconceptenergy.com

New Concept Energy, Inc. Reports First Quarter

2026 Results

Dallas (May 7, 2026) – New Concept

Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of

Operations for the first quarter ended March 31, 2026.

The Company reported a net loss from continuing operations of ($14,000)

for three months ended March 31, 2026, as compared to a net loss of ( $20,000) for the similar period in 2025.

For the three months ended March 31,2026 the Company had revenue of

$39,000 including $26,000 for rental income and $13,000 in management fees. For the three months ended March 31,2025 the Company had revenue

of $38,000 including $26,000 for rental income and $12,000 in management fees.

For the three months ended March 31, 2026, corporate general &

administrative expenses were $77,000 as compared to $89,000 for the comparable period in 2025.

About New Concept Energy, Inc.

New Concept Energy, Inc. is a Dallas-based company which owns real

estate in West Virginia and provides management services for a third-party oil and gas company. For more information, visit the Company’s

website at www.newconceptenergy.com.

Contact: New Concept Energy, Inc.

Gene Bertcher, (800) 400-6407

info@newconceptenergy.com

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS

(amounts in thousands)

March 31,

2026

December 31,

2025

(Unaudited)

(Audited)

Assets

Current assets

Cash and cash equivalents

$ 318

$ 383

Other current assets

Total current assets

380

396

Property and equipment, net of depreciation

Land, buildings and equipment

619

622

Note and interest receivable - related party

Note receivable

3,542

Interest receivable

3,542

Total assets

$ 4,541

$ 4,560

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS - CONTINUED

(dollars in thousands, except per share value

amounts)

March 31,

2026

December 31,

2025

(Unaudited)

(Audited)

Liabilities and stockholders' equity

Current liabilities

Accounts payable (including $8 due to related parties in 2026 and 2025)

$ 25

$ 26

Accrued expenses

Total current liabilities

Stockholders' equity

Preferred stock, Series B, $10 par value; authorized 100,000

shares, 1 issued and outstanding at March 31, 2026 and December 31, 2025

Common stock, $.01 par value; authorized, 100,000,000 shares; issued and

outstanding, 5,131,934 shares at March 31, 2026 and December 31, 2025

Additional paid-in capital

63,579

Accumulated deficit

(59,154 )

(59,140 )

Total stockholders' equity

4,477

4,491

Total liabilities and stockholders' equity

$ 4,541

$ 4,560

NEW CONCEPT ENERGY, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(amounts in thousands, except per share data)

Three Months ended

March 31,

2026

2025

(Unaudited)

Revenue

Rent

$ 26

Management fees

Total Revenues

Operating Expenses

Operating expenses

Corporate general and administrative

Total Operating Expenses

101

Loss from operations

(51 )

(63 )

Other Income

Interest income ($34 and $39 from related parties in 2026 and 2025)

Total Other Income

Net income (loss) applicable to common shares

$ (14 )

$ (20 )

Net income (loss) per common share-basic and diluted

$ (0.01 )

Weighted average common and equivalent shares outstanding - basic and diluted

5,132

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