---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-022830"
form_type: "8-K"
ticker: "SLNG"
cik: "0001043186"
company_name: "Stabilis Solutions, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:11:34.981459+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stabilis Solutions Q2 2023 net loss $2.2M; revenue down 44% YoY to $12.9M

## Summary
- Net loss ($2.2M) in Q2 2023 flat YoY; revenue $12.9M vs $23.2M in Q2 2022 and $26.8M in Q1 2023.
- Adjusted EBITDA ($0.1M) vs $1.4M in Q2 2022 and $3.5M in Q1 2023.
- Revenue decline from lower pass-through commodity prices, feed gas composition change, completion of short-term bunkering contract, and seasonal demand.
- Capital expenditures $5.2M year-to-date (up ~400% YoY) to support anticipated marine customer growth.
- Cash $8.1M, undrawn $10M revolver; net debt to trailing 12-month Adjusted EBITDA ratio 0.2x.

## SEC filing metadata
- accession: 0001437749-23-022830
- form_type: 8-K
- ticker: SLNG
- cik: 0001043186
- company_name: Stabilis Solutions, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043186/000143774923022830/0001437749-23-022830-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043186/000143774923022830/slng20230620_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-022830
- JSON: https://secwatch.observer/filing/0001437749-23-022830.json
- Plain text: https://secwatch.observer/filing/0001437749-23-022830.txt

## Key facts
- Earnings Releases
  Stabilis Solutions, Inc. reported the second quarter ended June 30, 2023 results: revenue $12.9 million, net income ($2.2) million.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $12.9 million
  - Net income: ($2.2) million
  - Result: reported results
  source text: For the three months ended June 30, 2023, Stabilis reported a net loss of ($2.2) million, on revenue of $12.9 million, versus a net loss of ($2.2) million, on revenue of $23.2 million in the second quarter 2022, and net income of $1.1 million, on revenue of $26.8 million in the first quarter 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043186/000143774923022830/0001437749-23-022830-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.