The press release you referenced only discloses the Q2 2025 loss (‑$18 k) and a brief revenue breakdown; it does not provide any of the balance‑sheet metrics needed to answer the cash‑balance or runway question. The company’s most recent cash‑position, cash‑burn rate, and the number of months of cash remaining (“runway”) are typically disclosed in the “Liquidity and Capital Resources” or “Cash and Cash Equivalents” section of the quarterly 10‑Q filing, not in the brief news summary.
To determine the current cash balance and runway you’ll need to pull New Concept Energy’s Form 10‑Q for the quarter ended June 30 2025 (or the latest Form 10‑K if it contains updated quarterly figures). Look for the “Cash and cash equivalents” line item on the balance sheet and the “Cash used in operating activities” (or net cash flow from operations) in the cash‑flow statement. Divide the reported cash balance by the average monthly cash burn (loss + operating cash outflow) to estimate the remaining months of liquidity. Until those filings are reviewed, any estimate of runway would be speculative.
Trading implication: Without knowing the cash runway, investors should treat the stock as higher‑risk until the company’s liquidity profile is confirmed. If the 10‑Q reveals a thin cash cushion (e.g., < $1 M) with a burn rate that exceeds the cash on hand, the stock could be vulnerable to a liquidity‑driven price decline, especially given the negative sentiment and modest revenue base. Conversely, if the balance sheet shows ample cash (several months of runway) the loss may be viewed as a short‑term blip, potentially offering a buying opportunity for risk‑tolerant investors who anticipate a turnaround in the rental‑income segment. Monitor the upcoming 10‑Q release (expected within 45 days of the quarter‑end) for the exact numbers before making any position‑size decisions.