{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-007576","form_type":"8-K","ticker":"KLNG","cik":"0001110607","company_name":"Koil Energy Solutions, Inc.","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.696415+00:00","generated_at":"2026-05-30T05:47:29.303546+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Koil Energy Q3 revenue up 27% to $5.2M; net income of $523k vs $143k loss YoY","bullets":["Revenue $5.2M (Q3 2024) vs $4.1M (Q3 2023), +27% YoY driven by fixed-price subsea equipment contracts.","Gross profit $2.1M (40% margin) vs $1.4M (33% margin), +50% YoY on higher revenue and improved project margins.","Net income $523k ($0.04 diluted EPS) compared to net loss $143k ($0.01 loss) in Q3 2023.","Adjusted EBITDA $675k vs $17k in Q3 2023, improving to 13% margin from near break-even.","Cash $3.1M, working capital $4.9M, shareholders' equity $7.9M ($0.65/share) at Sep 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-007576","json":"https://secwatch.observer/filing/0001683168-24-007576.json","markdown":"https://secwatch.observer/filing/0001683168-24-007576.md","text":"https://secwatch.observer/filing/0001683168-24-007576.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1110607/000168316824007576/0001683168-24-007576-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1110607/000168316824007576/koil_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:47:29.303546+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"}