FY2025 · ended Dec 31, 2025 · Revenue $24.05M, +5.8% YoY · Filed Mar 31, 2026
Koil Energy Solutions, Inc. (KLNG) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $24.1 million and a net loss of $38,000. Free cash flow was -$2.2 million. As of Jun 30, 2026 it held $922,000 in cash and investments and $6.2 million in total debt.
Revenue (TTM)
$31.02M
+43.6% vs year-ago TTM
Net income (TTM)
$823,000
-24.6% vs year-ago TTM
Operating cash flow (TTM)
$-1.20M
-157.7% vs year-ago TTM
Free cash flow (TTM)
$-3.33M
-418.5% vs year-ago TTM
EPS (TTM)
$67.12
-23.1% vs year-ago TTM
Dividend per share
None
Shares outstanding
12.19M
-1.6% vs prior year
Net cash
$-5.29M
as of Jun 30, 2026
Operating margin
2.9%
FY 2026
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- KLNG (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Houston, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1110607
- Former names
- Deep Down, Inc. (until Feb 21, 2023); MediQuip Holdings, INC (until Dec 20, 2006); TRUE HEALTH INC (until Apr 10, 2006)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $24.1M | $22.7M | $15.3M | $13.0M | $17.2M |
| Operating income | -$369,000 | $2.6M | -$1.6M | -$3.0M | -$343,000 |
| Net income | -$38,000 | $2.6M | -$1.6M | -$2.9M | $2.3M |
| Diluted EPS | $0.00 | $0.21 | -$0.13 | -$0.24 | $0.19 |
| Operating cash flow | -$901,000 | $1.7M | $203,000 | $1.2M | -$1.1M |
| Free cash flow | -$2.2M | $1.4M | -$27,000 | -$1.3M | -$1.4M |
| Total assets | $19.8M | $18.7M | $17.1M | $16.6M | $14.7M |
| Total liabilities | $10.9M | $10.1M | $11.4M | $9.5M | $4.5M |
| Stockholders' equity | $9.0M | $8.6M | $5.6M | $7.1M | $10.3M |
| Cash and investments | $1.5M | $3.4M | $2.0M | $2.4M | $3.7M |
| Total debt | $6.6M | $6.2M | $6.7M | $7.7M | $1.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Unregistered share sale, Other events
|
Oct 30, 2026 | Oct 27, 2026 |
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement
|
Jun 17, 2026 | Jun 11, 2026 |
| 8-K |
Current report
Material agreement
|
May 22, 2026 | May 19, 2026 |
| 8-K |
Current report
Results of operations
|
May 18, 2026 | May 15, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
All 572 Koil Energy Solutions, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.