New Concept Energy, Inc. (NYSE American: GBR), a Dallas-based company, has announced its financial results for the first quarter ending March 31, 2025. The company reported a net loss from continuing operations of $20,000, contrasting with a net income of $2,000 reported for the same period in 2024. Revenue for the first quarter of 2025 stood at $38,000, which includes $26,000 from rental income and $12,000 in management fees. This is consistent with the revenue figures from the first quarter of the previous year. Corporate general and administrative expenses for the quarter increased to $89,000, up from $78,000 in the comparable period of 2024.
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