{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-22-002013","form_type":"8-K","ticker":"KLNG","cik":"0001110607","company_name":"Koil Energy Solutions, Inc.","filed_at":"2022-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.452366+00:00","generated_at":"2026-06-26T14:18:09.324076+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Deep Down 2021 revenues up 33% to $17.2M; net profit $2.3M vs loss $6.1M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-22-002013","json":"https://secwatch.observer/filing/0001683168-22-002013.json","markdown":"https://secwatch.observer/filing/0001683168-22-002013.md","text":"https://secwatch.observer/filing/0001683168-22-002013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110607/000168316822002013/0001683168-22-002013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110607/000168316822002013/deepdown_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T14:18:09.324076+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"}