secwatch.observer — SEC 8-K summary
======================================

Issuer:     Koil Energy Solutions, Inc. (KLNG)
CIK:        0001110607
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0001683168-25-003912
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koil Energy Q1 revenue $5.3M (-9% YoY), EBITDA $339k; CEO says results fell short
--------------------------------------------------------------------------------

- Revenue $5.3M, down 9% YoY; net income approximately break-even.
- EBITDA $339k (6% margin), down $394k YoY from $733k.
- Gross margin 31% due to higher headcount and lower labor utilization.
- Order intake and bidding activity picked up significantly; CEO cites fixed-price contract volatility.
- No long-term debt; working capital $5.1M, cash $2.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1110607/000168316825003912/0001683168-25-003912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1110607/000168316825003912/koil_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-003912

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