{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-21-003715","form_type":"8-K","ticker":"KLNG","cik":"0001110607","company_name":"Koil Energy Solutions, Inc.","filed_at":"2021-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.188293+00:00","generated_at":"2026-06-29T09:48:39.991759+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Deep Down Q2 2021 revenue up 66% to $4.5M; net profit of $0.7M vs year-ago loss","bullets":["Revenue $4.5M (+66% YoY); gross profit $1.4M (31% margin) vs $1.3M (46%) last year.","Net income $0.7M ($0.06 diluted EPS) vs net loss $5.3M ($0.42 loss) in Q2 2020.","Recorded $1.1M PPP loan forgiveness income; $0.5M reserve for doubtful accounts.","Cash $4.1M; working capital $6.1M; shareholders' equity $8.8M at June 30, 2021.","Negative modified EBITDA of $0.1M vs negative $0.2M a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-21-003715","json":"https://secwatch.observer/filing/0001683168-21-003715.json","markdown":"https://secwatch.observer/filing/0001683168-21-003715.md","text":"https://secwatch.observer/filing/0001683168-21-003715.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110607/000168316821003715/0001683168-21-003715-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110607/000168316821003715/deepdown_i8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T09:48:39.991759+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}