New Concept Energy, Inc. Reports First Quarter 2025 Results
1. GBR reported a net loss of $20,000 for Q1 2025. 2. Revenue for Q1 2025 was $38,000, unchanged from Q1 2024. 3. General & administrative expenses rose to $89,000 in Q1 2025. 4. The company primarily earns from rental income and management fees. 5. Comparative performance worsened from net income of $2,000 in Q1 2024.