Koil Energy Solutions, Inc. financial data

Symbol
KLNG on OTC
Industry
Oil & Gas Field Machinery & Equipment
Location
1310 Rankin Road, Houston, TX
State of incorporation
NV
Fiscal year end
December 31
Former names
Deep Down, Inc. (to 2/21/2023), MediQuip Holdings, INC (to 12/20/2006), TRUE HEALTH INC (to 4/10/2006)
Latest financial report
10-K - Q4 2024 - Apr 15, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 186 % +5.24%
Quick Ratio 8.45 % +46.7%
Debt-to-equity 149 % -9.75%
Return On Equity 35 %
Return On Assets 14.1 %
Operating Margin 11.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.4M shares +4.21%
Entity Public Float 15.6M USD +264%
Common Stock, Value, Issued 16K USD 0%
Weighted Average Number of Shares Outstanding, Basic 12.2M shares +2.52%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares +3.84%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 22.7M USD +48.2%
Revenue from Contract with Customer, Excluding Assessed Tax 22.7M USD +48.2%
Cost of Revenue 9.27M USD -3%
Costs and Expenses 20.2M USD +19%
Operating Income (Loss) 2.56M USD
Nonoperating Income (Expense) 57K USD -92.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.64M USD
Income Tax Expense (Benefit) 16K USD +220%
Net Income (Loss) Attributable to Parent 2.62M USD
Earnings Per Share, Basic 0.21 USD/shares
Earnings Per Share, Diluted 0.21 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 2.77M USD -34.6%
Inventory, Net 404K USD -6.05%
Assets, Current 10.2M USD +30%
Property, Plant and Equipment, Net 2.79M USD -5.96%
Operating Lease, Right-of-Use Asset 5.38M USD -8.08%
Intangible Assets, Net (Excluding Goodwill) 64K USD -11.1%
Other Assets, Noncurrent 267K USD +24.8%
Assets 18.7M USD +9.84%
Contract with Customer, Liability, Current 656K USD -52.4%
Liabilities, Current 4.52M USD -14.4%
Operating Lease, Liability, Noncurrent 5.6M USD -8.74%
Liabilities 10.1M USD -11.4%
Retained Earnings (Accumulated Deficit) -62.5M USD +4.02%
Stockholders' Equity Attributable to Parent 8.6M USD +53.2%
Liabilities and Equity 18.7M USD +9.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -307K USD +54.5%
Net Cash Provided by (Used in) Financing Activities 265K USD
Net Cash Provided by (Used in) Investing Activities -10K USD +87.2%
Common Stock, Shares Authorized 24.5M shares 0%
Common Stock, Shares, Issued 16.1M shares +1.26%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.42M USD +68.6%
Deferred Tax Assets, Valuation Allowance 6.98M USD -7.53%
Deferred Tax Assets, Gross 8.25M USD -7.39%
Operating Lease, Liability 6.14M USD -7.24%
Depreciation 129K USD -8.51%
Payments to Acquire Property, Plant, and Equipment 10K USD -87.3%
Lessee, Operating Lease, Liability, to be Paid 8.3M USD -10.7%
Property, Plant and Equipment, Gross 8.39M USD +0.91%
Operating Lease, Liability, Current 537K USD +11.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.02M USD +1.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.01M USD +1.62%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.16M USD -19.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.04M USD +2.06%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.06M USD +1.63%
Additional Paid in Capital 74.2M USD +0.5%
Depreciation, Depletion and Amortization 605K USD +225%
Deferred Tax Assets, Net of Valuation Allowance 1.27M USD -6.61%
Share-based Payment Arrangement, Expense 5K USD
Interest Expense -47K USD -571%