---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007868"
form_type: "8-K"
ticker: "KLNG"
cik: "0001110607"
company_name: "Koil Energy Solutions, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:36:55.716393+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Koil Energy Q3 revenue up 82% to $4.1M; net loss narrows to $0.1M

## Summary
- Q3 2023 revenue $4.1M (+82% YoY); gross profit $1.4M (33% of revenue) vs $0.3M (12%) in Q3 2022.
- Net loss of $0.1M ($0.01 loss per diluted share) vs $1.6M ($0.13) a year ago.
- Modified EBITDA of $17k vs negative $1.0M in Q3 2022; operating expenses flat.
- Cash $1.1M; working capital $3.4M; project backlog grew ~50% YoY.
- CEO: results below expectations but encouraged by revenue growth and backlog.

## SEC filing metadata
- accession: 0001683168-23-007868
- form_type: 8-K
- ticker: KLNG
- cik: 0001110607
- company_name: Koil Energy Solutions, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110607/000168316823007868/0001683168-23-007868-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110607/000168316823007868/koil_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007868
- JSON: https://secwatch.observer/filing/0001683168-23-007868.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007868.txt

## Key facts
- Earnings Releases
  Koil Energy Solutions, Inc. reported financial results for the three and nine months ended September 30, 2023.
  - Period: the three and nine months ended September 30, 2023
  - Result: reported results
  source text: On November 9, 2023, Koil Energy Solutions, Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110607/000168316823007868/0001683168-23-007868-index.htm

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