Koil Energy Solutions, INC. (KLNG) — SEC Filings

Q: What are the key financial highlights for Koil Energy Solutions, INC.?

Key financial highlights for Koil Energy Solutions, INC. are extracted from the most recent 10-K or 10-Q filings, including revenue, net income, EPS, debt-to-equity, cash position, and operating margin.

Q: Who are the key executives at Koil Energy Solutions, INC.?

Key executives at Koil Energy Solutions, INC. are identified from SEC filings including 10-K annual reports, proxy statements, and insider trade forms.

Q: What are the main risk factors for Koil Energy Solutions, INC. stock?

Risk factors for Koil Energy Solutions, INC. (KLNG) are assessed from SEC filings using AI analysis. Each filing is categorized as high, medium, or low risk based on disclosed risk factors and financial indicators.

Q: What are recent predictions and forward guidance from Koil Energy Solutions, INC.?

Forward-looking statements and predictions from Koil Energy Solutions, INC. are extracted from SEC filings including earnings reports, annual reports, and current event filings.

Latest SEC filings for Koil Energy Solutions, INC.. Recent 8-K filing on Apr 1, 2026. AI-decoded analysis of earnings, risk factors, and insider trades.

View Koil Energy Solutions, INC. on SEC EDGAR

Overview

Koil Energy Solutions, INC. (KLNG) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Apr 1, 2026: Koil Energy Solutions, Inc. filed an 8-K on April 1, 2026, reporting on their financial condition and results of operations for the period ending March 31, 2026. The filing includes a press release and financial exhibits in XBRL format.

Sentiment Summary

Across 20 filings, the sentiment breakdown is: 2 bearish, 17 neutral, 1 mixed. The dominant filing sentiment for Koil Energy Solutions, INC. is neutral.

Filing Type Overview

Koil Energy Solutions, INC. (KLNG) has filed 6 8-K, 3 10-K, 6 10-Q, 2 SC 13D, 1 SC 13D/A, 1 10-K/A, 1 SC 13G/A with the SEC between Feb 2024 to Apr 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (20)

Koil Energy Solutions Files 8-K on Financial Results — 8-K · Apr 1, 2026 Risk: low
Koil Energy Solutions, Inc. filed an 8-K on April 1, 2026, reporting on their financial condition and results of operations for the period ending March 31, 2026
Koil Energy Eyes New Markets Amid Customer Concentration Risk — 10-K · Mar 31, 2026 Risk: high
Koil Energy Solutions, Inc. (KLNG) reported a market value of voting and non-voting common equity held by non-affiliates at $14,245,200.72 as of June 30, 2025,
Koil Energy Swings to Loss Amid Rising Costs, Cash Drains — 10-Q · Nov 14, 2025 Risk: high
Koil Energy Solutions, Inc. (KLNG) reported a significant net loss of $413 thousand for the three months ended September 30, 2025, a sharp decline from a net in
Koil Energy's Profit Plummets Amid Revenue Decline, Soaring Costs — 10-Q · Aug 14, 2025 Risk: high
Koil Energy Solutions, Inc. reported a significant decline in net income for the three and six months ended June 30, 2025, falling to $61 thousand and $32 thous
Koil Energy Solutions Changes Certifying Accountant — 8-K · Jun 6, 2025 Risk: medium
Koil Energy Solutions, Inc. filed an 8-K on June 6, 2025, reporting a change in its certifying accountant. The company previously operated under the name Deep D
Koil Energy Solutions Files 8-K on Financials — 8-K · May 21, 2025 Risk: low
Koil Energy Solutions, Inc. filed an 8-K on May 20, 2025, reporting on its results of operations and financial condition, and including financial statements and
Koil Energy Solutions Files Q1 2025 10-Q — 10-Q · May 20, 2025 Risk: medium
Koil Energy Solutions, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial information for the first quarter of 2025, includi
Koil Energy Solutions Files 8-K: Agreements & Officer Changes — 8-K · Apr 25, 2025 Risk: medium
Koil Energy Solutions, Inc. (KOIL) announced on April 21, 2025, a material definitive agreement and changes in its board and officer composition. The company al
Koil Energy Solutions Files 2024 10-K — 10-K · Apr 15, 2025 Risk: medium
Koil Energy Solutions, Inc. filed its 2024 10-K on April 15, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company
Koil Energy Solutions Announces Executive and Director Changes — 8-K · Jan 15, 2025 Risk: medium
Koil Energy Solutions, Inc. announced on January 10, 2025, changes in its board and executive team, including the departure of certain officers and directors, t
Koil Energy Solutions Files Q3 2024 10-Q — 10-Q · Nov 4, 2024 Risk: medium
Koil Energy Solutions, Inc. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the th
Goldman Files SC 13D for Koil Energy Solutions — SC 13D · Oct 15, 2024 Risk: medium
Neal Goldman filed an SC 13D on October 15, 2024, for Koil Energy Solutions, Inc. The filing indicates a change in beneficial ownership, with Goldman's address
Koil Energy Solutions Files Q2 2024 10-Q — 10-Q · Aug 5, 2024 Risk: medium
Koil Energy Solutions, Inc. filed its quarterly report on Form 10-Q for the period ending June 30, 2024. The company, formerly known as Deep Down, Inc., is invo
MAZ Partners LP Amends Koil Energy Stake — SC 13D/A · Jul 24, 2024 Risk: medium
MAZ Partners LP, along with Walter Schenker and MAZ Capital Advisers, LLC, has amended their Schedule 13D filing for Koil Energy Solutions, Inc. on July 24, 202
Koil Energy Solutions Files 2023 10-K Amendment — 10-K/A · Jun 26, 2024 Risk: medium
Koil Energy Solutions, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ending December 31, 2023. The filing, submitted on June 26, 202
Koil Energy Solutions, Inc. Files 10-Q for Period Ending March 31, 2024 — 10-Q · May 6, 2024 Risk: low
Koil Energy Solutions, Inc. (KLNG) filed a Quarterly Report (10-Q) with the SEC on May 6, 2024. Koil Energy Solutions, Inc. filed a 10-Q for the period ending M
Koil Energy Solutions, Inc. Files 2023 Annual Report on Form 10-K — 10-K · Mar 27, 2024 Risk: medium
Koil Energy Solutions, Inc. (KLNG) filed a Annual Report (10-K) with the SEC on March 27, 2024. Koil Energy Solutions, Inc. (formerly Deep Down, Inc. and MediQu
Koil Energy Solutions Reports Agreement Termination & Officer Changes — 8-K · Mar 11, 2024 Risk: medium
Koil Energy Solutions, Inc. reported on March 4, 2024, the termination of a material definitive agreement and changes in its board and officer composition. The
Galloway Capital Partners Amends Koil Energy Stake — SC 13D · Mar 6, 2024 Risk: medium
Galloway Capital Partners, LLC, through an amendment filed on March 6, 2024, has reported a change in its beneficial ownership of Koil Energy Solutions, Inc. Th
Aegis Financial Updates Koil Energy Solutions Stake (SC 13G/A) — SC 13G/A · Feb 8, 2024 Risk: low
Aegis Financial Corporation filed an amended SC 13G/A on February 8, 2024, indicating its ownership in Koil Energy Solutions, Inc. (formerly Deep Down, Inc.) as

Risk Profile

Risk Assessment: Of KLNG's 20 recent filings, 3 were flagged as high-risk, 13 as medium-risk, and 4 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Key Executives

Neal Goldman
Walter Schenker
BRUCE GALLOWAY

Industry Context

Koil Energy operates within the competitive energy services sector, primarily serving the offshore oil and gas industry. This market is characterized by significant capital expenditures, cyclicality tied to commodity prices, and a growing demand for specialized subsea equipment and support. The industry is also undergoing a transition, with increasing interest and investment in renewable energy sources like offshore wind, presenting both challenges and opportunities for established players.

Top Tags

10-Q (4) · amendment (4) · financials (3) · ownership-change (3) · Energy Services (2) · Financial Performance (2) · financial-reporting (2) · oil-gas-equipment (2) · management-change (2) · 10-K (2)

Key Numbers

Market Value of Non-Affiliate Equity: $14.2M — Aggregate market value of voting and non-voting common equity held by non-affiliates as of June 30, 2025.
Outstanding Shares: 12.19M — Total outstanding shares of common stock as of March 27, 2026.
Revenue Concentration: 40% — Percentage of revenue from the two largest customers in 2025, highlighting significant customer dependence.
Name Change Year: 2022 — Year the company changed its name from Deep Down, Inc. to Koil Energy Solutions, Inc.
Reportable Operating Segment: 1 — Number of reportable operating segments for the years ended December 31, 2025, and 2024.
Net loss for Q3 2025: $413 thousand — Compared to $523 thousand net income in Q3 2024
Net loss for nine months ended Sept 30, 2025: $381 thousand — Compared to $2.083 million net income in the same period of 2024
Revenues for Q3 2025: $6.367 million — Up from $5.223 million in Q3 2024
Revenues for nine months ended Sept 30, 2025: $16.799 million — Slightly up from $16.793 million in the same period of 2024
Total costs and expenses for Q3 2025: $6.829 million — Up from $4.745 million in Q3 2024
Cash on hand as of Sept 30, 2025: $1.948 million — Down from $3.422 million at Dec 31, 2024
Working capital as of Sept 30, 2025: $4.885 million — Down from $5.682 million at Dec 31, 2024
Short-term borrowings from factoring facility as of Sept 30, 2025: $703 thousand — No outstanding factored invoices at Dec 31, 2024
Shares outstanding of Common Stock as of Nov 14, 2025: 12,188,202 — Indicates current share count
Bad debt expense for nine months ended Sept 30, 2025: $569 thousand — Compared to $0 in the same period of 2024, indicating increased credit risk

Related Companies

KOIL

Frequently Asked Questions

What are the latest SEC filings for Koil Energy Solutions, INC. (KLNG)?

Koil Energy Solutions, INC. has 20 recent SEC filings from Feb 2024 to Apr 2026, including 6 8-K, 6 10-Q, 3 10-K. Each filing includes an AI-generated plain-English summary.

What is the overall sentiment of KLNG filings?

Across 20 filings, the sentiment breakdown is: 2 bearish, 17 neutral, 1 mixed. The dominant sentiment is neutral.

Where can I find Koil Energy Solutions, INC. SEC filings explained simply?

ReadTheFiling provides AI-powered plain-English summaries of all Koil Energy Solutions, INC. (KLNG) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.

What are the key financial highlights for Koil Energy Solutions, INC.?

Key financial highlights from Koil Energy Solutions, INC.'s most recent 10-K include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.

What is the investment thesis for KLNG?

The investment thesis for KLNG includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.

Who are the key executives at Koil Energy Solutions, INC.?

Key executives identified across Koil Energy Solutions, INC.'s filings include Neal Goldman, Walter Schenker, BRUCE GALLOWAY.

What are the main risk factors for Koil Energy Solutions, INC. stock?

Of KLNG's 20 assessed filings, 3 were flagged high-risk, 13 medium-risk, and 4 low-risk.

What are recent predictions and forward guidance from Koil Energy Solutions, INC.?

Forward guidance and predictions for Koil Energy Solutions, INC. are extracted from SEC filings as they are enriched.