secwatch.observer — SEC 8-K summary
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Issuer:     Koil Energy Solutions, Inc. (KLNG)
CIK:        0001110607
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001683168-25-002570
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koil Energy reports Q4 revenue $6M (+48% YoY), full year net income $2.6M vs loss $1.6M
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- Q4 revenue $6M (+48% YoY), net income $537K vs loss $890K in Q4 2023.
- Full year 2024 revenue $23M (+48% YoY), net income $2.6M vs loss $1.6M in 2023.
- Modified EBITDA $3.5M (full year), up $4.4M YoY; diluted EPS $0.21 vs -$0.13.
- Working capital $5.7M including $3.4M cash; no long-term debt outstanding.
- Expanded into Brazil with new Macaé facility; strategic alliance with SubseaDesign AS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110607/000168316825002570/0001683168-25-002570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110607/000168316825002570/koil_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-002570

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer