{"filings":[{"id":1093557,"accession_number":"0001683168-26-004890","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2026-06-17T12:06:54+00:00","items":["1.01","9.01"],"status":"ready","headline":"KOIL Energy awarded major subsea umbilical handling project; deploying new and existing carousels","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Won major project for subsea umbilical handling, spooling, and storage services requiring two large carousels.","Deploying newly acquired 3,500-metric-ton modular offshore carousel designed for vessel assembly, plus an existing carousel.","Work scheduled for H2 2026 with long-term umbilical storage; expands KOIL's technical capabilities and rental equipment platform.","New credit facility from last month financed the new asset; supports broader rental equipment investment and growth strategy."],"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":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},{"id":239640,"accession_number":"0001683168-24-001404","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2024-03-11T23:59:59+00:00","items":["1.02","5.02","9.01"],"status":"ready","headline":"Koil Energy CEO Charles Njuguna resigns; Erik Wiik appointed CEO effective April 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Charles Njuguna resigns as CEO, CFO, President, and Board member effective March 31, 2024; cites family health matter.","Employment agreement with Njuguna terminated effective March 31, 2024.","Erik Wiik appointed CEO effective April 1, 2024; also joins Board. He had been consulting since September 2023.","Wiik has over 30 years energy industry experience, including 24 years at Aker Solutions, most recently as Regional President N.A.","Wiik receives $325K base salary, annual bonus eligibility, 300K restricted shares and 300K options vesting over three years."],"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":0.65,"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":257156,"accession_number":"0001683168-23-007868","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-11-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q3 revenue up 82% to $4.1M; net loss narrows to $0.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2023 revenue $4.1M (+82% YoY); gross profit $1.4M (33% of revenue) vs $0.3M (12%) in Q3 2022.","Net loss of $0.1M ($0.01 loss per diluted share) vs $1.6M ($0.13) a year ago.","Modified EBITDA of $17k vs negative $1.0M in Q3 2022; operating expenses flat.","Cash $1.1M; working capital $3.4M; project backlog grew ~50% YoY.","CEO: results below expectations but encouraged by revenue growth and backlog."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":11338000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","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":274487,"accession_number":"0001683168-23-005418","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Q2 net loss $0.4M vs profit $0.2M YoY; revenue flat at $3.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue flat at $3.5M; gross margin fell to 33% from 42% due to lower-margin project mix.","Net loss of $0.4M ($0.04 loss per share) vs net income of $0.2M ($0.01/share) in Q2 2022.","Modified EBITDA was negative $0.3M vs positive $0.2M YoY.","Project backlog increased ~50% YoY; CEO notes strong offshore activity and higher bidding.","Cash $2.3M, working capital $3.5M, $4.5M factoring facility remains unused."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":7232000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","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},{"id":274486,"accession_number":"0001683168-23-005021","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-07-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Solutions wins $4M in subsea equipment contracts for Gulf of Mexico","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contracts include design, engineering, and manufacturing of hose and steel tube flying leads and distribution manifolds.","Delivery scheduled by early 2024 for various Gulf of Mexico locations.","CEO Charles Njuguna says awards highlight strategic importance of being a provider of choice.","Follows recent LNG development service award and Shenandoah project subsea equipment contract."],"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":0.55,"calibrated_materiality_score":0.55,"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":291763,"accession_number":"0001683168-23-003716","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Koil Energy signs factoring agreement with Amegy Bank; receivables sold at 15-25% discount, interest Prime+2%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Invoices sold at 15% discount (time & materials) or 25% (milestone billing) of gross invoice amount.","Variable discount amount based on WSJ Prime + 2% (floor 8%) per annum on purchase price.","Receivables not paid within 90 days trigger charge-back and repurchase obligation by Koil.","Agreement grants Amegy security interest in all present and future assets of Koil.","Minimum monthly discount fee of $1,000; $5,000 documentary fee deducted from first schedule."],"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":291762,"accession_number":"0001683168-23-003204","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy Q1 revenue rises 3% to $3.7M; net loss narrows to $97k","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.7M (+3% YoY) on higher offshore support services and rental demand.","Gross margin improved to 44% from 39% YoY; net loss $97k ($0.01/diluted share) vs. $264k loss a year ago.","Modified EBITDA turned positive at $90k from negative $57k in Q1 2022.","Backlog increased ~10% YoY; cash $1.5M, working capital $3.9M, equity $7.0M ($0.59/share).","No earnings call scheduled; CEO cites ramp in offshore investment and increased bidding activity."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":3724000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"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":312536,"accession_number":"0001683168-23-001977","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2023-03-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Koil Energy reports FY2022 net loss of $2.9M; 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gross profit $0.3M (12% margin vs 24%).","Net loss of $1.6M ($0.13/diluted share) vs net profit of $0.3M ($0.03/share) in Q3 2021.","Modified EBITDA negative $1.0M vs negative $0.4M in prior year.","Rebranding to Koil Energy Solutions underway; awaiting FINRA approval for new name and ticker.","Cash $3.5M, working capital $4.5M, shareholders' equity $8.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":9357000.0,"consensus_period":"2022-Q3","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":348618,"accession_number":"0001683168-22-005426","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2022-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Deep Down Q2 revenue down 23% to $3.5M; net income $0.2M, EPS $0.01","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $3.5M, down 23% YoY from $4.5M; net income $0.2M ($0.01 diluted) vs $0.7M ($0.06) prior year.","Gross profit margin improved to 42% from 31% due to lower materials costs.","Modified EBITDA positive $0.2M compared to negative $0.1M in Q2 2021.","Repurchased 147,059 shares at average $0.68 in June 2022.","Rebranding to Koil Energy Solutions pending FINRA approval; expanding into military and hydrogen energy."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":7100000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"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":365349,"accession_number":"0001683168-22-003397","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2022-05-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Deep Down Q1 net loss $0.3M on revenue drop; 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net profit $2.3M vs loss $6.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2021 revenue $5.2M (+49% YoY); net profit $1.1M ($0.09 diluted EPS).","Full-year gross margin 34% (down from 38%) due to labor cost inflation and low-margin pass-through services.","Modified EBITDA improved to $0.7M in 2021 from negative $0.1M in 2020.","Cash $3.7M, working capital $7.1M, shareholders' equity $10.3M ($0.83 per share).","Includes $2.2M PPP loan forgiveness and $0.7M employee retention credits."],"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":384948,"accession_number":"0001683168-22-001354","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2022-03-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Deep Down to change name to Koil Energy Solutions; 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gross profit margin fell to 24% from 37% due to higher labor and pricing pressure.","Net income $0.3M ($0.03 diluted EPS) vs loss of $0.3M in Q3 2020; included $0.9M PPP loan forgiveness.","Modified EBITDA negative $0.4M compared to positive $0.03M a year earlier, reflecting lower gross margins.","Cash $3.7M, working capital $5.8M, shareholders' equity $9.1M ($0.74 per share).","CEO notes increased bidding activity but pricing pressures; COVID uncertainty remains."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":12000000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"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":421749,"accession_number":"0001683168-21-003715","cik":1110607,"company_name":"Koil Energy Solutions, Inc.","ticker":"KLNG","form_type":"8-K","filed_at":"2021-08-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Deep Down Q2 2021 revenue up 66% to $4.5M; 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