secwatch.observer — SEC 8-K summary
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Issuer:     Stabilis Solutions, Inc. (SLNG)
CIK:        0001043186
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001628280-23-007060
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stabilis Q4 revenue $29.6M (+42% YoY); net income $0.2M vs loss $2.3M; FY revenue $98.8M (+43%)
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- Q4 2022 net income from continuing ops $0.2M, compared to net loss of $2.3M in Q4 2021.
- Q4 2022 Adjusted EBITDA $3.9M, up from $0.7M in Q4 2021.
- Full year 2022 revenue $98.8M, up 43% from $69.2M in 2021; net loss from continuing ops narrowed to $1.2M from $7.6M.
- Cash from continuing operations $13.6M in 2022 vs $4.7M in 2021; cash on hand $11.5M as of Dec 31, 2022.
- CEO cites cost rationalization and pricing strategies for improved profitability and foundation for new market expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043186/000162828023007060/0001628280-23-007060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043186/000162828023007060/slng-20230308.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-007060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer