{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-22-005426","form_type":"8-K","ticker":"KLNG","cik":"0001110607","company_name":"Koil Energy Solutions, Inc.","filed_at":"2022-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.009530+00:00","generated_at":"2026-06-24T02:35:26.034405+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Deep Down Q2 revenue down 23% to $3.5M; net income $0.2M, EPS $0.01","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-22-005426","json":"https://secwatch.observer/filing/0001683168-22-005426.json","markdown":"https://secwatch.observer/filing/0001683168-22-005426.md","text":"https://secwatch.observer/filing/0001683168-22-005426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110607/000168316822005426/0001683168-22-005426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110607/000168316822005426/deepdown_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T02:35:26.034405+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"}