New concept energy, inc. (GBR)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

520

-

530

474

547

473

581

437

412

300

311

301

0

1,621

1

0

0

0

235

-

-

0

-

-

-

Cash and cash equivalents

27

22

42

175

460

361

272

278

397

419

427

433

-

113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

32

0

Accounts receivable from oil and gas sales

56

73

69

77

93

72

46

45

58

67

129

143

122

119

105

99

95

141

120

137

91

216

232

228

0

195

0

0

0

0

177

0

0

0

0

209

0

Current portion note receivable (including $3,950 and $4,005 in 2020 and 2019 from related parties

3,990

4,046

4,162

4,179

4,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

38

-

11

23

34

-

56

-

-

-

61

87

73

-

47

44

48

37

421

362

166

182

176

203

0

203

0

0

0

0

5

0

0

0

0

16

0

Total current assets

4,111

4,141

4,284

4,454

4,702

4,496

374

370

502

522

617

663

715

438

682

617

690

651

1,122

936

669

698

719

732

0

2,019

1

1

0

0

417

0

0

0

0

257

0

Oil and natural gas properties (full cost accounting method)
Note and interest receivable - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

9,885

10

Proved developed and undeveloped oil and gas properties, net of depletion

735

767

799

2,492

2,503

2,517

2,559

2,620

2,669

2,721

5,428

5,489

5,551

5,608

5,658

5,732

5,779

5,914

8,585

8,776

8,771

8,809

8,913

8,975

9

9,190

9

-

-

9

9,856

9

10

-

-

-

11

Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations

665

668

671

675

610

618

628

636

647

661

675

689

703

706

864

875

907

937

966

997

1,612

1,638

1,673

1,709

1

1,625

1

1

1

1

1,613

1

1

1

1

1,532

1

Note Receivable

204

214

-

-

-

4,063

-

47

47

36

-

-

-

206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note receivable

-

-

-

231

244

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proved developed and undeveloped oil and gas, properties, net of depletion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

-

-

-

-

-

-

-

Proved developed and undeveloped oil and gas

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

-

-

11

-

-

-

Land, buildings and equipment - oil and gas operations

-

-

-

-

-

-

-

-

-

-

675

689

703

-

722

743

777

803

820

845

1,450

1,476

1,501

1,527

1

1,442

1

1

1

1

1

-

-

1

-

-

-

Property and equipment, net of depreciation Land, buildings and equipment - oil and gas operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

Proved developed and undeveloped oil and gas properties, net of depletion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

11,736

-

Land, buildings and equipment - oil and gas operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

1

1,381

1

Other

-

-

-

-

-

-

-

-

-

-

0

0

0

25

142

132

130

134

146

152

162

162

172

182

0

183

0

0

0

0

184

0

0

0

0

151

0

Land, buildings and equipment - oil and gas operations

665

668

671

675

610

618

628

636

647

661

-

-

-

706

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note Receivable

-

-

-

-

-

251

-

-

278

301

-

-

-

401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

222

-

-

-

-

-

-

-

308

298

322

-

1,344

1,356

1,345

1,373

1,247

-

-

1,129

-

-

-

-

-

-

-

-

635

0

-

0

-

-

-

Other assets (including $124 due from related parties in 2014)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,275

1,008

-

1,218

1,169

1

474

0

0

-

0

-

-

-

-

-

-

-

Other assets (including $112,500 AND 161,300 due from related parties in 2013 and 2012)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

257

268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

475

0

Total assets

5,715

5,790

5,976

7,852

8,059

7,882

3,818

3,894

4,096

4,205

7,028

7,139

7,291

7,178

8,548

8,580

8,721

8,875

11,920

11,984

12,060

12,274

12,523

12,585

12

13,308

13

12

12

12

12,521

12

12

13

24

23,885

24

Liabilities and stockholders' equity
Current liabilities
Accounts payable - trade (including $180 and $37 in 2019 and 2018 due to related parties)

-

-

-

-

-

59

-

306

464

446

525

555

526

238

-

-

-

241

-

-

-

-

362

239

0

121

0

0

0

0

110

0

0

0

0

-

0

Accounts payable - trade (including $580,000 and $165,000 in 2016 and 2015 due to related parties)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

605

-

-

-

160

165

235

673

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable - (including $243 and $180 due to related parties in 2020 and 2019)

367

355

519

85

123

-

366

-

-

-

-

-

-

-

-

460

440

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

208

-

Accrued expenses

55

35

29

13

33

32

31

32

58

29

67

26

53

59

148

139

160

151

291

252

212

229

321

248

0

965

0

0

0

0

242

0

0

0

0

28

0

Current portion of long term debt

40

44

51

51

59

59

51

58

68

81

85

87

89

96

828

830

831

831

834

775

864

881

215

207

0

185

0

0

0

0

-

-

-

-

-

-

-

Total current liabilities

462

434

599

149

215

150

448

396

590

556

677

668

668

393

1,581

1,429

1,431

1,223

1,285

1,192

1,311

1,783

898

694

0

1,271

0

0

0

0

352

0

0

0

0

236

0

Long-term debt
Long-term debt
Notes payable less current portion

171

177

181

187

187

201

222

229

234

243

259

276

293

296

-

-

-

1,211

-

-

-

-

-

-

-

-

-

-

-

-

2,347

2

2

2

1

1,367

1

Notes payable less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,119

1,139

1,145

-

1,223

1,305

1,372

1,428

2,126

2,188

2

2,195

2

-

-

2

-

-

-

-

-

-

-

Asset retirement obligation

-

-

-

-

-

2,770

-

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2,770

2

2,770

2

-

-

2

-

-

-

-

2

-

2

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

-

-

-

-

-

-

Notes payable less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

-

-

-

-

-

-

-

-

Payable - related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

0

0

486

0

Asset retirement obligation

2,770

2,770

2,770

2,770

2,770

-

2,770

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

2

-

2,770

2

2

2

-

2,637

-

Other long term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

490

0

0

0

0

726

0

Total liabilities

3,403

3,381

3,550

3,106

3,172

3,121

3,440

3,395

3,594

3,569

3,706

3,714

3,731

3,459

5,470

5,338

5,346

5,204

5,278

5,267

5,453

5,981

5,794

5,652

5

6,236

6

6

5

5

5,959

7

7

6

5

5,452

5

Stockholders' equity
Preferred stock, Series B

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

-

-

1

-

-

-

1

-

-

-

-

1

0

0

0

0

1

0

Preferred stock, Series B

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

-

1

1

0

-

0

0

0

0

-

-

-

-

-

-

-

Preferred stock, Series B

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

0

-

0

0

0

0

-

-

-

-

-

-

-

Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 5,131,934 and 2,036,935 shares at March 31, 2020 and December 31, 2019

51

51

51

51

51

51

22

22

21

21

20

20

20

20

20

20

20

20

20

20

20

20

20

20

0

20

0

0

0

0

0

0

0

0

0

20

0

Additional paid-in capital

63,579

63,579

63,579

63,579

63,579

63,579

59,170

59,170

59,000

59,000

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58,838

58

58,838

58

58

58

58

58,838

58

58

58

58

58,838

58

Accumulated deficit

-61,319

-61,222

-61,205

-58,885

-58,744

-58,870

-58,815

-58,694

-58,520

-58,386

-55,537

-55,434

-55,299

-55,140

-55,781

-55,617

-55,484

-55,188

-52,217

-52,142

-52,252

-52,566

-52,130

-51,926

-51

-51,787

-51

-52

-52

-52

-52,297

-53

-53

-52

-40

-40,426

-40

Total shareholders' equity

4,887

4,761

2,426

4,746

4,887

4,761

378

499

502

4,609

3,322

3,425

3,560

3,719

3,078

3,242

3,375

3,671

6,642

6,717

6,607

6,293

6,729

6,933

7

7,072

6

6

6

6

6,562

5

5

6

18

18,433

18

Total liabilities & equity

5,715

5,790

5,976

7,852

8,059

7,882

3,818

3,894

4,096

4,205

7,028

7,139

7,291

7,178

8,548

8,580

8,721

8,875

11,920

11,984

12,060

12,274

12,523

12,585

12

13,308

13

12

12

12

12,521

12

12

13

24

23,885

24