$KLNG
Koil Energy Solutions, Inc.

2024 Q4 Form 10-Q Financial Statement

#000168316824007574 Filed on November 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $5.223M $4.107M
YoY Change 27.17% 81.97%
Cost Of Revenue $3.159M $2.733M
YoY Change 15.59% 37.47%
Gross Profit $2.064M $1.374M
YoY Change 50.22% 410.78%
Gross Profit Margin 39.52% 33.46%
Selling, General & Admin $1.586M $1.555M
YoY Change 1.99% -5.41%
% of Gross Profit 76.84% 113.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $129.0K $27.00K
YoY Change 377.78% -43.75%
% of Gross Profit 6.25% 1.97%
Operating Expenses $1.586M $1.582M
YoY Change 0.25% -6.5%
Operating Profit $478.0K -$208.0K
YoY Change -329.81% -85.38%
Interest Expense -$17.00K -$7.000K
YoY Change 142.86% -240.0%
% of Operating Profit -3.56%
Other Income/Expense, Net $31.00K $68.00K
YoY Change -54.41% -144.74%
Pretax Income $525.0K -$140.0K
YoY Change -475.0% -91.11%
Income Tax $2.000K $3.000K
% Of Pretax Income 0.38%
Net Earnings $523.0K -$143.0K
YoY Change -465.73% -90.94%
Net Earnings / Revenue 10.01% -3.48%
Basic Earnings Per Share $0.04 -$0.01
Diluted Earnings Per Share $0.04 -$0.01
COMMON SHARES
Basic Shares Outstanding 12.39M shares 12.19M shares 11.89M shares
Diluted Shares Outstanding 12.41K shares 11.89K shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.120M $1.130M
YoY Change 176.11% -68.11%
Cash & Equivalents $3.120M $1.132M
Short-Term Investments
Other Short-Term Assets $595.0K $1.150M
YoY Change -48.26% 22.73%
Inventory $401.0K $172.0K
Prepaid Expenses
Receivables $5.306M $5.502M
Other Receivables $0.00 $0.00
Total Short-Term Assets $9.840M $8.088M
YoY Change 21.66% 9.68%
LONG-TERM ASSETS
Property, Plant & Equipment $2.699M $3.098M
YoY Change -12.88% -2.15%
Goodwill
YoY Change
Intangibles $66.00K $74.00K
YoY Change -10.81% 76.19%
Long-Term Investments
YoY Change
Other Assets $438.0K $223.0K
YoY Change 96.41% 21.86%
Total Long-Term Assets $8.746M $9.331M
YoY Change -6.27% -11.18%
TOTAL ASSETS
Total Short-Term Assets $9.840M $8.088M
Total Long-Term Assets $8.746M $9.331M
Total Assets $18.59M $17.42M
YoY Change 6.7% -2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.741M $2.500M
YoY Change -30.36% 14.1%
Accrued Expenses $1.760M $450.0K
YoY Change 291.11% -32.43%
Deferred Revenue $1.426M $1.747M
YoY Change -18.37% 3697.83%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $18.00K $40.00K
YoY Change -55.0%
Total Short-Term Liabilities $4.945M $4.735M
YoY Change 4.44% 63.11%
LONG-TERM LIABILITIES
Long-Term Debt $12.00K $20.00K
YoY Change -40.0%
Other Long-Term Liabilities $5.739M $6.180M
YoY Change -7.14% -6.72%
Total Long-Term Liabilities $5.751M $6.200M
YoY Change -7.24% -6.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.945M $4.735M
Total Long-Term Liabilities $5.751M $6.200M
Total Liabilities $10.70M $10.94M
YoY Change -2.19% 14.77%
SHAREHOLDERS EQUITY
Retained Earnings -$63.02M -$64.22M
YoY Change -1.87% 3.11%
Common Stock $16.00K $16.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.890M $6.484M
YoY Change
Total Liabilities & Shareholders Equity $18.59M $17.42M
YoY Change 6.7% -2.57%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $523.0K -$143.0K
YoY Change -465.73% -90.94%
Depreciation, Depletion And Amortization $129.0K $27.00K
YoY Change 377.78% -43.75%
Cash From Operating Activities $1.927M -$970.0K
YoY Change -298.66% -174.73%
INVESTING ACTIVITIES
Capital Expenditures $65.00K $150.0K
YoY Change -56.67% -111.83%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$65.00K -$150.0K
YoY Change -56.67% -87.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -201.0K -100.0K
YoY Change 101.0%
NET CHANGE
Cash From Operating Activities 1.927M -970.0K
Cash From Investing Activities -65.00K -150.0K
Cash From Financing Activities -201.0K -100.0K
Net Change In Cash 1.661M -1.220M
YoY Change -236.15% -1273.08%
FREE CASH FLOW
Cash From Operating Activities $1.927M -$970.0K
Capital Expenditures $65.00K $150.0K
Free Cash Flow $1.862M -$1.120M
YoY Change -266.25% -143.65%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
us-gaap Operating Income Loss
OperatingIncomeLoss
-723000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
-7000 usd
us-gaap Interest Expense
InterestExpense
-30000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
430000 usd
dei Entity File Number
EntityFileNumber
000-30351
dei Entity Registrant Name
EntityRegistrantName
KOIL ENERGY SOLUTIONS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
75-2263732
dei Entity Address Address Line1
EntityAddressAddressLine1
1310 Rankin Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
12388202 shares
CY2024Q3 us-gaap Cash
Cash
3120000 usd
CY2023Q4 us-gaap Cash
Cash
2030000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
358000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
7849000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2699000 usd
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
66000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5856000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
38000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
103000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
438000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
214000 usd
CY2023Q4 us-gaap Assets
Assets
17062000 usd
CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1741000 usd
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5306000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4228000 usd
CY2024Q3 KLNG Employee Retention Tax Credit Receivable
EmployeeRetentionTaxCreditReceivable
323000 usd
CY2023Q4 KLNG Employee Retention Tax Credit Receivable
EmployeeRetentionTaxCreditReceivable
323000 usd
CY2024Q3 us-gaap Inventory Net
InventoryNet
401000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
418000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
480000 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
272000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
9840000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2968000 usd
CY2024Q3 us-gaap Assets
Assets
18586000 usd
CY2024Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
525000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2024Q3 us-gaap Other Income
OtherIncome
30000 usd
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001110607
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77073
dei City Area Code
CityAreaCode
281
dei Local Phone Number
LocalPhoneNumber
517-5000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
72000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5505000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2129000 usd
CY2024Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
398000 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
385000 usd
CY2024Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
839000 usd
CY2023Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
839000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1426000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1377000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
523000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
480000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
74000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4945000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5284000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5739000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6136000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
12000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
24000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
10696000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
11444000 usd
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
24500000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
24500000 shares
CY2024Q3 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
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
15906010 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
15906010 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
16000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
16000 usd
CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
73702000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
73840000 usd
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
3517808 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4017808 shares
CY2024Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
2808000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
3135000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-63020000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-65103000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
7890000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
5618000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18586000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17062000 usd
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5223000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4107000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16793000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11338000 usd
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3159000 usd
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2733000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10449000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7174000 usd
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1586000 usd
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1582000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4316000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4887000 usd
CY2024Q3 us-gaap Costs And Expenses
CostsAndExpenses
4745000 usd
CY2023Q3 us-gaap Costs And Expenses
CostsAndExpenses
4315000 usd
us-gaap Costs And Expenses
CostsAndExpenses
14765000 usd
us-gaap Costs And Expenses
CostsAndExpenses
12061000 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
478000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-208000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
2028000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
-17000 usd
us-gaap Interest Expense
InterestExpense
-3000 usd
CY2023Q3 us-gaap Other Income
OtherIncome
61000 usd
us-gaap Other Income
OtherIncome
35000 usd
us-gaap Other Income
OtherIncome
53000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-0 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-140000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2090000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-665000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
523000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-143000 usd
us-gaap Net Income Loss
NetIncomeLoss
2083000 usd
us-gaap Net Income Loss
NetIncomeLoss
-673000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12199 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11888 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12119 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11888 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12409 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11888 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12235 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11888 shares
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
7231000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
523000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
23000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
113000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
7890000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
5618000 usd
us-gaap Net Income Loss
NetIncomeLoss
2083000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
76000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
113000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
7890000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
6618000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-143000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
7108000 usd
us-gaap Net Income Loss
NetIncomeLoss
-673000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
49000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
6484000 usd
us-gaap Net Income Loss
NetIncomeLoss
2083000 usd
us-gaap Net Income Loss
NetIncomeLoss
-673000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
76000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
49000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
437000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
461000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-62000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
186000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1078000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2601000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-62000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-145000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-29000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-30000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-86000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
274000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
263000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
83000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-375000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
985000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
49000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1415000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1171000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-733000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
127000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
230000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-127000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-228000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
68000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
260000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
895000 usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
895000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
-0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
114000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
46000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-260000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1090000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1221000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3120000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1132000 usd
CY2024Q3 us-gaap Cash
Cash
3120000 usd
CY2024Q3 KLNG Working Capital
WorkingCapital
4895000 usd
CY2023Q4 us-gaap Cash
Cash
2030000 usd
CY2023Q4 KLNG Working Capital
WorkingCapital
2565000 usd
us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
0 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5505000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5856000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
38000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
103000 usd
CY2024Q3 KLNG Lease Assets
LeaseAssets
5543000 usd
CY2023Q4 KLNG Lease Assets
LeaseAssets
5959000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
523000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
480000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
74000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5739000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6136000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
12000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
24000 usd
CY2024Q3 KLNG Total Lease Liabilities
TotalLeaseLiabilities
6292000 usd
CY2023Q4 KLNG Total Lease Liabilities
TotalLeaseLiabilities
6714000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
389000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
395000 usd
us-gaap Lease Cost
LeaseCost
1011000 usd
us-gaap Lease Cost
LeaseCost
929000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y14D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M23D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M15D
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M19D
CY2024Q3 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
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0649 pure
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0744 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1003000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
19000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1016000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
13000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1036000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1057000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4438000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8550000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
32000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2289000 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
2000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
6262000 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
30000 usd
CY2024Q3 us-gaap Revenues
Revenues
5223000 usd
CY2023Q3 us-gaap Revenues
Revenues
4107000 usd
us-gaap Revenues
Revenues
16793000 usd
us-gaap Revenues
Revenues
11338000 usd
CY2024Q3 KLNG Costsincurredonuncompletedcontracts
Costsincurredonuncompletedcontracts
3094000 usd
CY2023Q4 KLNG Costsincurredonuncompletedcontracts
Costsincurredonuncompletedcontracts
2575000 usd
CY2024Q3 KLNG Estimatedearningsonuncompletedcontracts
Estimatedearningsonuncompletedcontracts
3039000 usd
CY2023Q4 KLNG Estimatedearningsonuncompletedcontracts
Estimatedearningsonuncompletedcontracts
399000 usd
CY2024Q3 KLNG Estimated Loss On Uncompleted Contracts
EstimatedLossOnUncompletedContracts
0 usd
CY2023Q4 KLNG Estimated Loss On Uncompleted Contracts
EstimatedLossOnUncompletedContracts
-130000 usd
CY2024Q3 KLNG Gross Costs And Estimated Earnings
GrossCostsAndEstimatedEarnings
6133000 usd
CY2023Q4 KLNG Gross Costs And Estimated Earnings
GrossCostsAndEstimatedEarnings
2844000 usd
CY2024Q3 KLNG Billingstodateonuncompletedcontracts
Billingstodateonuncompletedcontracts
-7141000 usd
CY2023Q4 KLNG Billingstodateonuncompletedcontracts
Billingstodateonuncompletedcontracts
-3741000 usd
CY2024Q3 KLNG Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contracts Net
CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractsNet
-1008000 usd
CY2023Q4 KLNG Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contracts Net
CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractsNet
-897000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
418000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
480000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1426000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1377000 usd
CY2024Q3 KLNG Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contract Net
CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractNet
-1008000 usd
CY2023Q4 KLNG Costs Incurred Plus Estimated Earning Less Billings On Uncompleted Contract Net
CostsIncurredPlusEstimatedEarningLessBillingsOnUncompletedContractNet
-897000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8343000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8313000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5644000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5345000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2699000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2968000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
129000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
141000 usd
us-gaap Depreciation
Depreciation
354000 usd
us-gaap Depreciation
Depreciation
420000 usd
CY2024Q3 us-gaap Share Based Compensation
ShareBasedCompensation
23000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
76000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
9000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
49000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12199 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11888 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12119 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11888 shares
CY2024Q3 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
210 shares
CY2023Q3 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
0 shares
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
116 shares
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
0 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12409 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11888 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12235 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11888 shares
CY2021 KLNG Employee Retention Tax Credit
EmployeeRetentionTaxCredit
650000 usd
CY2021Q1 KLNG Employee Retention Tax Refund Receivable
EmployeeRetentionTaxRefundReceivable
344000 usd
CY2024Q3 KLNG Employee Retention Tax Credit Receivable
EmployeeRetentionTaxCreditReceivable
323000 usd
CY2023Q4 KLNG Employee Retention Tax Credit Receivable
EmployeeRetentionTaxCreditReceivable
323000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001683168-24-007574-index-headers.html Edgar Link pending
0001683168-24-007574-index.html Edgar Link pending
0001683168-24-007574.txt Edgar Link pending
0001683168-24-007574-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
klng-20240930.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-093024.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
FilingSummary.xml Edgar Link unprocessable
klng-20240930_cal.xml Edgar Link unprocessable
klng-20240930_lab.xml Edgar Link unprocessable
koil_i10q-093024_htm.xml Edgar Link completed
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
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
klng-20240930_def.xml Edgar Link unprocessable
klng-20240930_pre.xml Edgar Link unprocessable