{"filings":[{"id":612039,"accession_number":"0001683168-26-004277","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2026-05-22T21:25:42+00:00","items":["1.01","9.01"],"status":"ready","headline":"Koil Energy secures $5M asset-based revolving credit facility with nFusion Capital Finance","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility provides up to $5M at 85% advance rate on eligible accounts; interest = WSJ prime + 4.75% (floor 6.75%).","12-month initial term with automatic annual renewals; secured by first-priority lien on substantially all personal property.","Replaces prior factoring arrangement, which has been repaid and terminated; no outstanding financial debt beyond lease obligations.","Proceeds to support working capital and expand high-margin rental equipment fleet; fees include 1.0% loan fee, 0.25% monthly monitoring fee.","Lender nFusion Capital Finance, LLC is an Austin-based private working capital finance company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":501317,"accession_number":"0001683168-26-004073","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2026-05-18T21:03:40+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q1 2026 revenue $8.2M (+56% YoY); adjusted EBITDA $572K (7% of revenue)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $8.2M, up 56% YoY and 13% sequentially; gross profit $2.6M (32% margin).","Adjusted EBITDA $572K (7% of revenue); SG&A $2.3M, up $611K YoY on higher headcount.","Won manufacturing contract for offshore carousel modification and subsea distribution system for Gulf of America.","Secured West Africa load-out, transit, and installation monitoring contract.","New clients from 2025 contributed ~25% of Q1 2026 revenue; growth trajectory deemed sustainable."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":8174000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91359,"accession_number":"0001683168-26-002573","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q4 revenue $7.3M record, up 22% YoY; FY25 EBITDA $1M vs $3.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $7.3M (record), +22% YoY; service +24%, product sales +21%.","Q4 adj. EBITDA $704k (10% margin); gross profit $2.5M (35% margin vs 40% in Q4'24).","FY25 revenue $24M (+6% YoY); adj. EBITDA $1M vs $3.5M in 2024, drop on growth investments.","Investing in rental equip, IP, Brazil ops, intl sales; investor conf May 7-8, 2026 at OTC.","CEO confident in profitable growth; recent project awards position for coming quarters."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150963,"accession_number":"0001683168-25-004283","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Koil Energy Solutions' auditor Moss Adams merges into Baker Tilly; Baker Tilly appointed as successor auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Moss Adams LLP merged with Baker Tilly US, LLP effective June 3, 2025; Moss Adams resigned as auditor.","Audit Committee approved Baker Tilly as successor independent registered public accounting firm.","No disagreements or reportable events with Moss Adams during 2024, 2023, or subsequent interim period.","Audit reports for years ended Dec 31, 2024 and 2023 were unqualified with no adverse opinions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150962,"accession_number":"0001683168-25-003912","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q1 revenue $5.3M (-9% YoY), EBITDA $339k; CEO says results fell short","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.3M, down 9% YoY; net income approximately break-even.","EBITDA $339k (6% margin), down $394k YoY from $733k.","Gross margin 31% due to higher headcount and lower labor utilization.","Order intake and bidding activity picked up significantly; CEO cites fixed-price contract volatility.","No long-term debt; working capital $5.1M, cash $2.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":5250000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150961,"accession_number":"0001683168-25-002821","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Koil Energy names Mads Andersen to board, Kurt Keller as CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mads Andersen, CEO of Norway-based Aibel ASA (5,000 employees, $1.5B revenue), joins board as independent director; receives $20K cash, $30K RSU, 50,000 options.","Kurt Keller appointed CFO effective April 22; base salary $250K, eligible for annual bonus based on board-set objectives; granted 80,000 restricted shares and 160,000 options (3-year vest).","Keller's employment agreement includes severance of 6 months salary + pro-rata bonus, change-of-control acceleration, and gross-up for excise taxes.","Keller has 20+ years scaling businesses from $20M to $100M; prior CFO roles at PurgeRite, SunGrid, Mantis Innovation, Navasota Energy; holds CFA and CMA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150960,"accession_number":"0001683168-25-002570","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2025-04-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy reports Q4 revenue $6M (+48% YoY), full year net income $2.6M vs loss $1.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $6M (+48% YoY), net income $537K vs loss $890K in Q4 2023.","Full year 2024 revenue $23M (+48% YoY), net income $2.6M vs loss $1.6M in 2023.","Modified EBITDA $3.5M (full year), up $4.4M YoY; diluted EPS $0.21 vs -$0.13.","Working capital $5.7M including $3.4M cash; no long-term debt outstanding.","Expanded into Brazil with new Macaé facility; strategic alliance with SubseaDesign AS."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":5250000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169867,"accession_number":"0001683168-25-000387","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2025-01-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Koil Energy VP of Finance Trevor Ashurst resigns; CFO search begins","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Trevor Ashurst resigned as VP of Finance and Administration (principal financial officer), effective Feb 1, 2025; no disagreement with company.","Company retained SNRG Corporation to recruit a Chief Financial Officer and Human Resources Manager.","CEO Erik Wiik thanked Ashurst for contributions to rebranding, new facility, and profitability improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186923,"accession_number":"0001683168-24-007576","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q3 revenue up 27% to $5.2M; net income of $523k vs $143k loss YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.2M (Q3 2024) vs $4.1M (Q3 2023), +27% YoY driven by fixed-price subsea equipment contracts.","Gross profit $2.1M (40% margin) vs $1.4M (33% margin), +50% YoY on higher revenue and improved project margins.","Net income $523k ($0.04 diluted EPS) compared to net loss $143k ($0.01 loss) in Q3 2023.","Adjusted EBITDA $675k vs $17k in Q3 2023, improving to 13% margin from near break-even.","Cash $3.1M, working capital $4.9M, shareholders' equity $7.9M ($0.65/share) at Sep 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":16793000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203464,"accession_number":"0001683168-24-005264","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q2 revenue up 65% to $5.8M; net income $1.0M vs loss $0.4M YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.8M (+65% YoY); gross profit $2.0M (+96% YoY); net income $1.0M ($0.08 diluted EPS).","Adjusted EBITDA $1.2M (20% margin) vs -$0.3M in Q2 2023.","SG&A reduced to 22% of revenue from 45% YoY, driving margin expansion.","Working capital $4.4M, shareholders' equity $7.2M ($0.59/share) at June 30, 2024.","CEO Erik Wiik cites strong execution and expects further upside in growth journey."],"consensus_eps_estimate":null,"consensus_eps_actual":0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":11570000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219881,"accession_number":"0001683168-24-003016","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q1 revenue up 56% to $5.8M; net income of $0.6M vs prior-year loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.8M (+56% YoY); gross profit $2.0M (35% margin) vs $1.6M (44%) in Q1 2023.","Net income $0.6M ($0.05 diluted EPS) vs net loss of $0.1M ($0.01 loss per share) in Q1 2023.","Adjusted EBITDA $0.7M, up from $0.1M in Q1 2023, driven by product-oriented fixed-price contracts.","First delivery of 20,000 psi multi-quick-connect plate for deepwater Gulf of Mexico; major subsea safety controls contract won in April.","Working capital $3.3M; shareholders' equity $6.2M ($0.52 per share) at March 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":5791000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239641,"accession_number":"0001683168-24-001767","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2024-03-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy reports 2023 revenue up 18% to $15.3M but net loss of $1.6M; Q4 margins compress","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 revenue $15.3M (+18% YoY); net loss $1.6M ($0.13 loss per diluted share).","Q4 2023 revenue $4.0M (+11% YoY); Q4 gross margin 17% vs 42% in prior year.","Full-year 2023 gross margin 32% vs 36% in 2022; higher materials costs and low-margin projects cited.","Modified EBITDA negative $0.9M for 2023 vs negative $1.0M in 2022.","Working capital $2.6M at Dec 31, 2023; cash $2.0M; no share repurchases in 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":31225587.76095618,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}