New Concept Energy, Inc (GBR) financial statements (2020 and earlier)
Company profile
| Business Address |
1603 LBJ FREEWAY DALLAS, TX 75234 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Receivables | 0 | 4 | 0 | 0 | 0 | 0 | ||
| Other current assets | 0 | 0 | 0 | 0 | ||||
| Other undisclosed current assets | 4 | |||||||
| Total current assets: | 4 | 4 | 1 | 0 | 1 | 1 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 1 | 1 | 1 | 1 | 1 | 2 | ||
| Oil and gas property, full cost method | 1 | 3 | 3 | 6 | 6 | 9 | ||
| Long-term investments and receivables | 0 | 0 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 0 | 0 | ||||||
| Restricted cash and investments | 1 | |||||||
| Other undisclosed noncurrent assets | 0 | 0 | 1 | |||||
| Total noncurrent assets: | 2 | 3 | 4 | 7 | 8 | 12 | ||
| TOTAL ASSETS: | 6 | 8 | 4 | 7 | 9 | 12 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 1 | 0 | 0 | 0 | 0 | 0 | ||
| Accounts payable | 1 | 0 | 0 | 0 | ||||
| Accrued liabilities | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Debt | 0 | 0 | 0 | 0 | 1 | 1 | ||
| Due to related parties | 0 | 0 | ||||||
| Other undisclosed current liabilities | (0) | 0 | 1 | |||||
| Total current liabilities: | 1 | 0 | 1 | 0 | 1 | 2 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 0 | 0 | 0 | 0 | ||||
| Long-term debt, excluding current maturities | 0 | 0 | 0 | 0 | ||||
| Liabilities, other than long-term debt | 3 | |||||||
| Asset retirement obligations | 3 | |||||||
| Other undisclosed noncurrent liabilities | 3 | 3 | 3 | 4 | 4 | |||
| Total noncurrent liabilities: | 3 | 3 | 3 | 3 | 4 | 4 | ||
| Total liabilities: | 4 | 3 | 4 | 3 | 5 | 6 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 2 | 5 | 1 | 4 | 4 | 6 | ||
| Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 64 | 64 | 59 | 59 | 59 | 59 | ||
| Accumulated deficit | (61) | (59) | (58) | (55) | (55) | (53) | ||
| Total stockholders' equity: | 2 | 5 | 1 | 4 | 4 | 6 | ||
| TOTAL LIABILITIES AND EQUITY: | 6 | 8 | 4 | 7 | 9 | 12 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 0 | 1 | 1 | 1 | 4 | 4 | |
| Revenue, net | ✕ | ✕ | 1 | 1 | 4 | 4 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1) | (1) | |||||
| Gross profit: | 0 | 1 | (0) | 1 | 4 | 3 | |
| Operating expenses | (4) | (1) | (4) | (2) | (8) | (5) | |
| Other operating income (expense), net | (0) | (0) | 0 | ||||
| Other undisclosed operating income | 0 | 1 | 0 | 0 | 1 | ||
| Operating loss: | (3) | (1) | (3) | (1) | (4) | (1) | |
| Nonoperating income | 1 | 0 | 0 | 0 | 0 | 0 | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other nonoperating income | 0 | 0 | 0 | ||||
| Interest and debt expense | (0) | (0) | (0) | 0 | (0) | 0 | |
| Loss from continuing operations before income taxes: | (2) | (1) | (3) | (1) | (4) | (1) | |
| Income tax expense | (0) | ||||||
| Loss from continuing operations: | (2) | (1) | (3) | (1) | (4) | (1) | |
| Income (loss) from discontinued operations | (0) | 0 | |||||
| Loss before gain (loss) on sale of properties: | (2) | (1) | (3) | (1) | (4) | (1) | |
| Other undisclosed net income | 1 | 0 | |||||
| Net loss: | (2) | (1) | (3) | (1) | (3) | (1) | |
| Other undisclosed net income attributable to parent | 0 | 0 | 0 | 1 | |||
| Net income (loss) available to common stockholders, diluted: | (2) | (0) | (3) | 0 | (3) | (1) | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (2) | (1) | (3) | (1) | (3) | (1) | |
| Comprehensive loss, net of tax, attributable to parent: | (2) | (1) | (3) | (1) | (3) | (1) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.