Koil Energy Solutions, Inc.
For the period ended Apr 15, 2025. Filed Apr 15, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Apr 15, 2025 · Filed Apr 15, 2025
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Contents
EX-99.1 · Modified EBITDA
Modified EBITDA
| Three Months Ended December 31, | Years Ended December 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands) | ||||
| Net Income (loss) | $537 | $(881) | $2,620 | $(1,554) |
| (Deduct): Interest (income) expense, net | (17) | (4) | (47) | (7) |
| (Deduct) Add: Income tax expense (benefit) | 9 | (3) | 16 | 5 |
| Add: Depreciation and amortization | 134 | 144 | 571 | 605 |
| Add: Share-based compensation | 300 | 15 | 376 | 64 |
| Add: Relocation costs | – | – | – | 9 |
| Deduct: Gain on sale of asset | (2) | (2) | 1 | (4) |
| Modified EBITDA | $961 | $(731) | $3,537 | $(882) |
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