New Concept Energy, Inc. (GBR) Cash Flow Statement
Where GBR’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $20,000
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- $20,000 12.9% margin
- Returned to shareholders
- —
- Change in cash
- $20,000 cash at year-end $383,000
Cash from operations
$20,000
Change in cash
$20,000
Drawn to scale: where the cash came from and how it was used. Hover for values.
GBR operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
GBR cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$314,0002016 | $20,0002025 | — | |
| Capital expenditures | $52,0002016 | $02025 | −100.0% | |
| Free cash flow | −$366,0002016 | $20,0002025 | — | |
| Free cash flow margin | −47.9%2016 | 12.9%2025 | +60.8 pts | |
| Operating cash flow / net income | −6.542016 | 1.022022 | +7.56 | |
| Dividends paid | $02016 | $02017 | — | |
| Share buybacks (net) | $02016 | $02020 | — | |
| Capex / revenue | 6.8%2016 | 0.0%2025 | −6.8 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GBR cash flow by activity
OperatingInvestingFinancingChange in cash
GBR net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
GBR cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$46,000 | −$18,000 | −$21,000 | $181,000 | $70,000 | $1.9M | −$2.4M | −$484,000 | −$3.2M | $48,000 |
| Depreciation & amortization | $14,000 | $13,000 | $13,000 | $12,000 | $13,000 | $12,000 | $18,000 | $253,000 | $396,000 | $664,000 |
| Change in working capital | $52,000 | −$59,000 | $18,000 | −$9,000 | $40,000 | −$325,000 | −$190,000 | −$406,000 | $401,000 | −$88,000 |
| Other non-cash items | $0 | $0 | $12,000 | $0 | $0 | −$2.1M | $2.3M | $0 | $2.7M | −$938,000 |
| Cash from operating activities | $20,000 | −$64,000 | $22,000 | $184,000 | $123,000 | −$535,000 | −$239,000 | −$637,000 | $202,000 | −$314,000 |
| Investing activities | ||||||||||
| Capital expenditures | $0 | −$20,000 | −$11,000 | $0 | $0 | $0 | −$68,000 | −$68,000 | −$10,000 | −$52,000 |
| Investments (net) | — | −$20,000 | −$11,000 | $0 | $276,000 | $593,000 | −$664,000 | $40,000 | $24,000 | $38,000 |
| Acquisitions & other investing | — | $20,000 | $11,000 | $276,000 | $0 | $0 | $676,000 | −$3.9M | $0 | $700,000 |
| Cash from investing activities | — | −$20,000 | −$11,000 | $276,000 | $276,000 | $593,000 | −$56,000 | −$4.0M | $14,000 | $686,000 |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share repurchases & issuance (net) | — | — | — | — | — | $0 | $0 | $4.6M | $163,000 | $0 |
| Net borrowing (repayment) | — | — | $0 | $0 | −$174,000 | −$53,000 | −$44,000 | −$70,000 | −$73,000 | −$732,000 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.6M | $0 | $0 |
| Other financing | — | — | $0 | −$174,000 | $0 | $0 | $0 | −$4.6M | $0 | $0 |
| Cash from financing activities | — | — | $0 | −$174,000 | −$174,000 | −$53,000 | −$44,000 | $4.5M | $90,000 | −$732,000 |
| Summary | ||||||||||
| Net change in cash | $20,000 | −$84,000 | $11,000 | $184,000 | $225,000 | $5,000 | −$339,000 | −$58,000 | $306,000 | −$360,000 |
| Cash at end of period | $383,000 | $363,000 | $447,000 | $436,000 | $252,000 | $27,000 | $22,000 | $361,000 | $419,000 | $113,000 |
| Free cash flow | $20,000 | −$84,000 | $11,000 | $184,000 | $123,000 | −$535,000 | −$307,000 | −$637,000 | $192,000 | −$366,000 |
| Free cash flow margin | 12.9% | −57.5% | 7.2% | 86.8% | 121.8% | −529.7% | −313.3% | −93.4% | 24.3% | −47.9% |
| Capex / revenue | 0.0% | 13.7% | 7.2% | 0.0% | 0.0% | 0.0% | 69.4% | 10.0% | 1.3% | 6.8% |
| Operating cash flow / net income | — | — | — | 1.02 | 1.76 | −0.28 | — | — | — | −6.54 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$66,000 | −$14,000 | $12,000 | −$20,000 | −$18,000 | −$20,000 | −$19,000 | −$4,000 | $3,000 | $2,000 | −$39,000 | $7,000 |
| Depreciation & amortization | $3,000 | $3,000 | $4,000 | $3,000 | $4,000 | $3,000 | $13,000 | $3,000 | $4,000 | $3,000 | $3,000 | $4,000 |
| Change in working capital | $49,000 | −$54,000 | $60,000 | −$32,000 | −$7,000 | −$13,000 | −$31,000 | $15,000 | $14,000 | −$57,000 | $23,000 | $28,000 |
| Other non-cash items | $0 | $0 | $0 | $0 | $44,000 | $0 | −$10,000 | $0 | $0 | $0 | $0 | $0 |
| Cash from operating activities | −$14,000 | −$65,000 | $76,000 | −$49,000 | $23,000 | −$30,000 | −$47,000 | $14,000 | $21,000 | −$52,000 | −$13,000 | $39,000 |
| Investing activities | ||||||||||||
| Capital expenditures | $0 | $0 | $0 | $0 | $0 | $0 | −$20,000 | $0 | $0 | −$11,000 | $0 | −$11,000 |
| Investments (net) | — | — | — | — | — | — | −$20,000 | — | — | — | $0 | — |
| Acquisitions & other investing | — | — | — | — | — | — | $20,000 | — | — | $22,000 | — | $0 |
| Cash from investing activities | — | — | — | — | — | — | −$20,000 | — | — | $11,000 | — | −$11,000 |
| Financing activities | ||||||||||||
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Summary | ||||||||||||
| Net change in cash | −$14,000 | −$65,000 | $76,000 | −$49,000 | $23,000 | −$30,000 | −$67,000 | $14,000 | $21,000 | −$52,000 | −$13,000 | $28,000 |
| Cash at end of period | $304,000 | $318,000 | $383,000 | $307,000 | $356,000 | $333,000 | $363,000 | $430,000 | $416,000 | $395,000 | $447,000 | $460,000 |
| Free cash flow | −$14,000 | −$65,000 | $76,000 | −$49,000 | $23,000 | −$30,000 | −$67,000 | $14,000 | $21,000 | −$52,000 | −$13,000 | $28,000 |
| Free cash flow margin | −34.1% | −166.7% | 200.0% | −125.6% | 57.5% | −78.9% | −186.1% | 37.8% | 56.8% | −144.4% | −35.1% | 80.0% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 55.6% | 0.0% | 0.0% | 30.6% | 0.0% | 31.4% |
| Operating cash flow / net income | — | — | 6.33 | — | — | — | — | — | 7.00 | −26.00 | — | 5.57 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
GBR cash generation
In fiscal 2025 (ended December 31, 2025), New Concept Energy generated $0.0 million of cash from operations and spent $0 on capital expenditures, leaving free cash flow of $0.0 million, 12.9% of revenue. Cash and equivalents rose by $0.0 million over the year.
Related: GBR income statement, GBR balance sheet. See the GBR stock overview for the latest quote and news.
GBR cash flow FAQ
What is New Concept Energy's free cash flow?
New Concept Energy's free cash flow was $0.0 million in fiscal 2025: $0.0 million of operating cash flow minus $0 of capital expenditures It was -$0.1 million a year earlier..
How much cash does New Concept Energy generate from operations?
New Concept Energy generated $0.0 million of cash from operating activities in fiscal 2025.