$KLNG
Koil Energy Solutions, Inc. Stock $klng

$klng Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000168316824003015 Filed on May 06, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q4
Revenue	$5.779M	$5.791M	$4.005M
YoY Change	64.74%	55.5%	10.64%
Cost Of Revenue	$3.530M	$3.761M	$3.319M
YoY Change	49.58%	80.73%	58.05%
Gross Profit	$2.249M	$2.030M	$686.0K
YoY Change	95.91%	23.55%	-54.87%
Gross Profit Margin	38.92%	35.05%	17.13%
Selling, General & Admin	$1.268M	$1.460M	$1.545M
YoY Change	-17.77%	-14.72%	-21.17%
% of Gross Profit	56.38%	71.92%	225.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$149.0K	$144.0K	$145.0K
YoY Change	451.85%	453.85%	-3.33%
% of Gross Profit	6.63%	7.09%	21.14%
Operating Expenses	$1.268M	$1.460M	$1.573M
YoY Change	-19.18%	-16.0%	-20.56%
Operating Profit	$981.0K	$570.0K	-$887.0K
YoY Change	-333.02%	-700.0%	92.83%
Interest Expense	-$5.000K	-$8.000K	$4.000K
YoY Change	-350.0%	-500.0%	-140.0%
% of Operating Profit	-0.51%	-1.4%
Other Income/Expense, Net	$3.000K	$1.000K	-$3.000K
YoY Change	-137.5%	-200.0%
Pretax Income	$986.0K	$579.0K	-$884.0K
YoY Change	-329.84%	-703.13%	-30.94%
Income Tax	$2.000K	$3.000K	-$3.000K
% Of Pretax Income	0.2%	0.52%
Net Earnings	$984.0K	$576.0K	-$881.0K
YoY Change	-327.25%	-693.81%	-30.08%
Net Earnings / Revenue	17.03%	9.95%	-22.0%
Basic Earnings Per Share	$0.08	$0.05
Diluted Earnings Per Share	$0.08	$0.05	-$0.07
COMMON SHARES
Basic Shares Outstanding	12.19M shares	11.97K shares	11.89M shares
Diluted Shares Outstanding	12.28K shares	12.02K shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.459M	$1.978M	$2.030M
YoY Change	-37.91%	30.13%	-13.62%
Cash & Equivalents	$1.459M	$1.978M	$2.030M
Short-Term Investments
Other Short-Term Assets	$506.0K	$735.0K	$681.0K
YoY Change	-54.82%	-27.23%	-39.73%
Inventory	$460.0K	$525.0K	$430.0K
Prepaid Expenses
Receivables	$5.488M	$3.880M	$4.708M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$10.28M	$9.141M	$7.849M
YoY Change	39.51%	23.79%	14.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.763M	$2.849M	$8.927M
YoY Change	-10.64%	-11.85%	170.11%
Goodwill
YoY Change
Intangibles	$68.00K	$70.00K	$72.00K
YoY Change	-8.11%	-5.41%	16.13%
Long-Term Investments
YoY Change
Other Assets	$213.0K	$201.0K	$214.0K
YoY Change	-5.75%	14.86%	19.55%
Total Long-Term Assets	$8.728M	$8.943M	$9.213M
YoY Change	-6.78%	-6.43%	-5.31%
TOTAL ASSETS
Total Short-Term Assets	$10.28M	$9.141M	$7.849M
Total Long-Term Assets	$8.728M	$8.943M	$9.213M
Total Assets	$19.01M	$18.08M	$17.06M
YoY Change	13.61%	6.74%	2.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.764M	$3.558M	$3.353M
YoY Change	74.94%	212.11%	120.59%
Accrued Expenses	$509.0K	$494.0K	$480.0K
YoY Change	-57.23%	-52.95%	-44.19%
Deferred Revenue	$2.390M	$1.733M	$1.377M
YoY Change	154.26%	54.18%	313.51%
Short-Term Debt	$182.0K	$0.00	$0.00
YoY Change
Long-Term Debt Due	$37.00K	$56.00K	$74.00K
YoY Change	-66.36%	-72.0%	-73.57%
Total Short-Term Liabilities	$5.882M	$5.841M	$5.284M
YoY Change	53.9%	66.84%	76.78%
LONG-TERM LIABILITIES
Long-Term Debt	$24.00K	$24.00K	$24.00K
YoY Change
Other Long-Term Liabilities	$5.873M	$6.006M	$6.136M
YoY Change	-6.63%	-6.3%	-5.89%
Total Long-Term Liabilities	$5.897M	$6.030M	$6.160M
YoY Change	-6.25%	-5.93%	-5.52%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.882M	$5.841M	$5.284M
Total Long-Term Liabilities	$5.897M	$6.030M	$6.160M
Total Liabilities	$11.78M	$11.87M	$11.44M
YoY Change	16.45%	19.82%	20.37%
SHAREHOLDERS EQUITY
Retained Earnings	-$63.54M	-$64.53M	-$65.10M
YoY Change	-0.84%	1.38%	2.45%
Common Stock	$16.00K	$16.00K	$16.00K
YoY Change	0.0%	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.231M	$6.213M	$5.618M
YoY Change
Total Liabilities & Shareholders Equity	$19.01M	$18.08M	$17.06M
YoY Change	13.61%	6.74%	2.69%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	$984.0K	$576.0K	-$881.0K
YoY Change	-327.25%	-693.81%	-30.08%
Depreciation, Depletion And Amortization	$149.0K	$144.0K	$145.0K
YoY Change	451.85%	453.85%	-3.33%
Cash From Operating Activities	-$449.0K	-$307.0K	$933.0K
YoY Change	-149.34%	-54.45%	-211.07%
INVESTING ACTIVITIES
Capital Expenditures	$52.00K	$10.00K	$0.00
YoY Change		-87.34%	-100.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$4.000K
YoY Change			-80.0%
Cash From Investing Activities	-$52.00K	-$10.00K	$4.000K
YoY Change		-87.18%	-101.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-18.00K	$265.0K	-40.00K
YoY Change	-77.5%	-423.17%	-20.0%
NET CHANGE
Cash From Operating Activities	-449.0K	-$307.0K	933.0K
Cash From Investing Activities	-52.00K	-$10.00K	4.000K
Cash From Financing Activities	-18.00K	$265.0K	-40.00K
Net Change In Cash	-519.0K	-$52.00K	897.0K
YoY Change	-162.53%	-93.76%	-175.38%
FREE CASH FLOW
Cash From Operating Activities	-$449.0K	-$307.0K	$933.0K
Capital Expenditures	$52.00K	$10.00K	$0.00
Free Cash Flow	-$501.0K	-$317.0K	$933.0K
YoY Change	-155.05%	-57.9%	-180.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross		usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	494000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	480000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	56000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	74000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	5841000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	5284000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6006000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6136000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	24000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	24000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	11871000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	11444000	usd
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	24500000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	24500000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15906010	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15906010	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	16000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	16000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	73691000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	73840000	usd
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	3717808	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	4017808	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	2967000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	3135000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-64527000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-65103000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	6213000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	5618000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18084000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17062000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5791000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3724000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	3761000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2081000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1460000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1738000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	5221000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	3819000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	570000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-95000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	-8000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	2000	usd
CY2024Q1	us-gaap	Other Income OtherIncome	1000	usd
CY2023Q1	us-gaap	Other Income OtherIncome	-0	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-0	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	579000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-96000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	576000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-97000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11971	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11888	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12017	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11888	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	5618000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	576000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	6213000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	7108000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-97000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	7035000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	576000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-97000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	19000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	24000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	144000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	152000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	1000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-21000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-263000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-348000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1384000	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	1543000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	66000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	95000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	54000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-32000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-0	usd
CY2023Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	8000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-79000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-381000	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	356000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	791000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-307000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-674000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	79000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-78000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	18000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	82000	usd
CY2024Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	305000	usd
CY2023Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	usd
CY2024Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	22000	usd
CY2023Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	-0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	265000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-82000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-52000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-834000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2030000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2353000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1978000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1519000	usd
CY2024Q1	us-gaap	Cash Cash	1978000	usd
CY2024Q1	KLNG	Working Capital WorkingCapital	3300000	usd
CY2023Q4	us-gaap	Cash Cash	2030000	usd
CY2023Q4	KLNG	Working Capital WorkingCapital	2565000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5741000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5856000	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	82000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	103000	usd
CY2024Q1	KLNG	Lease Assets LeaseAssets	5823000	usd
CY2023Q4	KLNG	Lease Assets LeaseAssets	5959000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	494000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	480000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	56000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	74000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6006000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	6136000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	24000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	24000	usd
CY2024Q1	KLNG	Total Lease Liabilities TotalLeaseLiabilities	6580000	usd
CY2023Q4	KLNG	Total Lease Liabilities TotalLeaseLiabilities	6714000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	341000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	394000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y6M10D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P8Y8M23D
CY2024Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P1Y8M26D
CY2023Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P1Y8M19D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0797	pure
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0797	pure
CY2024Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0725	pure
CY2023Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0744	pure
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	995000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	58000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	1009000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	13000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1026000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	13000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1046000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	4967000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	0	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	9043000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	84000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2543000	usd
CY2024Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	4000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	6500000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	80000	usd
CY2024Q1	us-gaap	Revenues Revenues	5791000	usd
CY2023Q1	us-gaap	Revenues Revenues	3724000	usd
CY2024Q1	KLNG	Costsincurredonuncompletedcontracts Costsincurredonuncompletedcontracts	3980000	usd
CY2023Q4	KLNG	Costsincurredonuncompletedcontracts Costsincurredonuncompletedcontracts	2575000	usd
CY2024Q1	KLNG	Estimatedearningsonuncompletedcontracts Estimatedearningsonuncompletedcontracts	890000	usd
CY2023Q4	KLNG	Estimatedearningsonuncompletedcontracts Estimatedearningsonuncompletedcontracts	399000	usd
CY2024Q1	KLNG	Estimated Loss On Uncompleted Contracts EstimatedLossOnUncompletedContracts	-59000	usd
CY2023Q4	KLNG	Estimated Loss On Uncompleted Contracts EstimatedLossOnUncompletedContracts	-130000	usd
CY2024Q1	KLNG	Gross Costs And Estimated Earnings GrossCostsAndEstimatedEarnings	4811000	usd
CY2023Q4	KLNG	Gross Costs And Estimated Earnings GrossCostsAndEstimatedEarnings	2844000	usd
CY2024Q1	KLNG	Billingstodateonuncompletedcontracts Billingstodateonuncompletedcontracts	-4521000	usd
CY2023Q4	KLNG	Billingstodateonuncompletedcontracts Billingstodateonuncompletedcontracts	-3741000	usd
CY2024Q1	KLNG	Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contracts Net CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractsNet	290000	usd
CY2023Q4	KLNG	Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contracts Net CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractsNet	-897000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	2023000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	480000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1733000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1377000	usd
CY2024Q1	KLNG	Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contract Net CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractNet	290000	usd
CY2023Q4	KLNG	Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contract Net CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractNet	-897000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8323000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8313000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5474000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	5345000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2849000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2968000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	144000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.56
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	0.35
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	5000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	19000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	24000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11971	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11888	shares
CY2024Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	46	shares
CY2023Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	1	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	12017	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11888	shares
CY2021	KLNG	Employee Retention Credit EmployeeRetentionCredit	650000	usd
CY2021Q1	KLNG	Employee Retention Credit Received EmployeeRetentionCreditReceived	344000	usd
CY2024Q1	KLNG	Employee Retention Receivable EmployeeRetentionReceivable	323000	usd
CY2023Q4	KLNG	Employee Retention Receivable EmployeeRetentionReceivable	323000	usd
CY2024Q1	KLNG	Discount Percentage Of Materials Basis DiscountPercentageOfMaterialsBasis	0.15	pure
CY2024Q1	KLNG	Discount Percentage Of Milestone Billing Basis DiscountPercentageOfMilestoneBillingBasis	0.25	pure
CY2024Q1	us-gaap	Derivative Floor Interest Rate DerivativeFloorInterestRate	0.0800	pure
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001683168-24-003015-index-headers.html	Edgar Link	pending
0001683168-24-003015-index.html	Edgar Link	pending
0001683168-24-003015.txt	Edgar Link	pending
0001683168-24-003015-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
klng-20240331.xsd	Edgar Link	pending
koil_ex3101.htm	Edgar Link	pending
koil_ex3102.htm	Edgar Link	pending
koil_ex3201.htm	Edgar Link	pending
koil_ex3202.htm	Edgar Link	pending
koil_i10q-033124.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
klng-20240331_cal.xml	Edgar Link	unprocessable
klng-20240331_def.xml	Edgar Link	unprocessable
klng-20240331_lab.xml	Edgar Link	unprocessable
klng-20240331_pre.xml	Edgar Link	unprocessable
koil_i10q-033124_htm.xml	Edgar Link	completed
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$KLNG
Koil Energy Solutions, Inc. Stock $klng

2024 Q2 Form 10-Q Financial Statement

#000168316824003015 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KLNG Koil Energy Solutions, Inc. Stock $klng

2024 Q2 Form 10-Q Financial Statement

#000168316824003015 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KLNG
Koil Energy Solutions, Inc. Stock $klng