Stabilis Solutions Inc (SLNG)

Stabilis Solutions Announces First Quarter 2026 ResultsMay 6, 2026 5:30 PM
ACCESS NewswireHOUSTON, TX / ACCESS Newswire / May 6, 2026 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions, today announced financial results for the first quarter ended March 31, 2026.FIRST QUARTER 2026 HIGHLIGHTSSecured a $200 million, 2-year LNG supply contract for behind-the-meter power generation at a U.S. data center, commencing Q1 202731% year-over-year growth in aerospace revenuesMaintained development progress on the proposed Galveston LNG facility and dedicated Jones Act bunker barge while pursuing additional offtake to support FIDRevenues of $10.4 million; Net loss of ($4.1) million; Adjusted EBITDA of ($0.7) millionCash flow from operations of $12.4 million, including $15.0 million of advance payments from customers$13.7 million of cash (including $10.6 million restricted) and $3.5 million of availability under credit agreements as of March 31, 2026MANAGEMENT COMMENTARY"First quarter results were expectedly soft following the completion of two long-term contracts late last year; however, our commercial progress during the quarter gives us further confidence in the earnings trajectory of the business," stated Casey Crenshaw, Executive Chairman and Interim President & Chief Executive Officer. "We are building momentum in our core markets and expect results to significantly improve during the second half of 2026 as we capitalize on strong demand for our small-scale LNG and delivery solutions.""Demand remains robust in our aerospace and industrial markets, where we saw strong year-over-year growth in aerospace revenues in the first quarter," continued Crenshaw. "We are also finalizing several commercial opportunities, including additional behind-the-meter solutions for data centers that we expect to commence in the second quarter of this year. As we prepare for these and the ramp-up of our large data center contract in early 2027, we believe we are well positioned to serve this attractive market, which aligns closely with our LNG logistics, delivery and service capabilities.""We believe that our Galveston LNG project will be among the lowest cost, and most shovel ready sources of LNG for Gulf Coast bunkering," concluded Crenshaw. "We remain committed to the project and are in active discussions with potential customers on additional offtake arrangements as we continue to advance the project. We continue to see substantial opportunities to create value with our existing asset base as we meet growing demand for small-scale LNG across a diverse set of end markets."FINANCIAL PERFORMANCE SUMMARYRevenue for the first quarter of 2026 was $10.4 million, a decrease of 40.2% compared to the first quarter of 2025. The decrease in revenue compared to the prior year period was primarily attributable to the completion of contracts in the marine and power generation sectors, partly offset by higher commodity prices and growth in aerospace and industrial sector volumes.Net loss for the first quarter of 2026 was ($4.1) million, or ($0.22) per diluted share, compared to a loss of ($1.6) million or ($0.09) per diluted share, in the first quarter of 2025. When compared to the prior year period, net income reflects lower revenues, $1.5 million in vessel charter expenses associated with a marine vessel the Company is in the process of subchartering, partly offset by a $2.1 million decrease in selling, general and administrative expenses.Cash flow from operations was $12.4 million for the first quarter of 2026, compared to $1.0 million in the first quarter of last year, primarily reflecting $15.0 million in advance payments from a customer associated with a contract expected to begin in early 2027. Adjusted EBITDA (a non-GAAP financial measure) for the first quarter of 2026 was ($0.7) million, compared to $2.1 million, in the year ago quarter. The decrease in Adjusted EBITDA year-over-year is primarily attributable to the completion of two large multi-year contracts during the fourth quarter of 2025.FIRST QUARTER 2026 CONFERENCE CALL AND WEBCASTStabilis will host a conference call on Thursday May 7, 2026, at 9:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session.A webcast of the conference call will be available in the Investor Relations section of the Company's corporate website at https://investors.stabilis-solutions.com/events. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.To participate in the live teleconference:Domestic Live:833-316-1983International Live:785-838-9310Conference ID:SLNGQ126To listen to a replay of the teleconference, which will be available through May 14, 2026:Domestic Live:800-839-2475International Live:402-220-7220ABOUT STABILIS SOLUTIONSStabilis Solutions is a leading provider of clean fueling, production, storage, and last mile delivery solutions to multiple end markets. To learn more, visit www.stabilis-solutions.com.CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTSThis press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "can," "believes," "feels," "anticipates," "expects," "could," "will," "plan," "may," "should," "predicts," "potential", "outlook" and similar expressions are intended to identify such forward-looking statements.Such forward-looking statements relate to future events or future performance, but reflect our current beliefs, based on information currently available. Most of these factors are outside our control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, availability, timing and terms of financing, ability to achieve the conditions precedent to the marine bunkering and other agreements, ability to achieve additional offtake necessary for FID for the planned LNG liquefaction facility and other commercial contracts, construction delays or cost overruns, regulatory or other legal impediments, and general economic conditions.The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in the Risk Factors in Item 1A of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 5, 2026 which is available on the SEC's website at www.sec.gov or on the Investors section of our website at www.stabilis-solutions.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Stabilis Solutions, Inc. and Subsidiaries
Selected Consolidated Operating Results
(Unaudited, in thousands, except share and per share data) Three Months Ended March 31, December 31, March 31, 2026 2025 2025 Revenues: Revenues $10,379 $13,273 $17,338 Operating expenses: Cost of revenues 10,012 9,994 12,788 Change in unrealized gain on natural gas derivatives - (19) (84)Selling, general and administrative expenses 2,796 2,342 4,933 Gain from disposal of fixed assets - (38) (103)Impairment 71 - - Depreciation expense 1,785 1,776 1,867 Total operating expenses 14,664 14,055 19,401 Loss from operations before equity income (4,285) (782) (2,063)Net equity income from foreign joint venture operations 227 546 368 Loss from operations (4,058) (236) (1,695)Other income (expense): Interest income (expense), net 25 (87) 21 Other income (expense), net (37) 5 (12)Total other income (expense) (12) (82) 9 Net loss before income tax expense (benefit) (4,070) (318) (1,686)Income tax expense (benefit) 6 (56) (88)Net loss $(4,076) $(262) $(1,598)
Net loss per common share: Basic and diluted per common share $(0.22) $(0.01) $(0.09)
EBITDA $(2,310) $1,545 $160 Adjusted EBITDA $(672) $1,526 $2,069  Stabilis Solutions, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except share and per share data) March 31, December 31, 2026 2025 Assets Current assets: Cash and cash equivalents $3,082 $7,459 Restricted cash and cash equivalents 10,636 - Accounts receivable, net 3,978 3,130 Inventories, net 295 342 Prepaid expenses and other current assets 1,559 1,976 Total current assets 19,550 12,907 Property, plant and equipment: Cost 130,567 125,613 Less accumulated depreciation (74,448) (72,666)Property, plant and equipment, net 56,119 52,947 Goodwill 4,314 4,314 Investments in foreign joint ventures 12,628 11,946 Right-of-use assets and other noncurrent assets 22,549 996 Total assets $115,160 $83,110 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $5,008 $4,750 Accrued liabilities 3,133 2,859 Current portion of long-term notes payable 1,643 1,931 Current portion of finance and operating lease obligations 11,189 417 Total current liabilities 20,973 9,957 Long-term notes payable, net of current portion and debt issuance costs 5,458 5,755 Deferred revenue, noncurrent 14,667 - Long-term portion of operating lease obligations 11,056 726 Total liabilities 52,154 16,438 Commitments and contingencies Stockholders' equity: Common stock; $0.001 par value, 37,500,000 shares authorized, 18,596,301 and 18,596,301 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 19 19 Additional paid-in capital 103,644 103,644 Accumulated other comprehensive income 420 10 Accumulated deficit (41,077) (37,001)Total stockholders' equity 63,006 66,672 Total liabilities and stockholders' equity $115,160 $83,110  Stabilis Solutions, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows
(Unaudited, in thousands) Three Months Ended March 31, December 31, March 31, 2026 2025 2025 Cash flows from operating activities: Net loss $(4,076) $(262) $(1,598)Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation 1,785 1,776 1,867 Stock-based compensation expense - - 447 Provision for credit losses - - 7 Gain on disposal of assets - (38) (103)Income from equity investment in joint venture (267) (546) (417)Impairment 71 - - Amortization of debt issuance cost 27 27 20 Cash settlements from natural gas derivatives, net - - 163 Realized and unrealized gains on natural gas derivatives, net - - (84)Changes in operating assets and liabilities: Accounts receivable (848) 3,770 1,540 Prepaid expenses and other current assets 458 (135) 423 Accounts payable and accrued liabilities 398 (3,972) (1,229)Deferred revenue 15,000 - - Other (131) 49 (11)Net cash provided by operating activities 12,417 669 1,025 Cash flows from investing activities: Acquisition of fixed assets (5,268) (3,142) (487)Proceeds from sale of fixed assets - - 211 Proceeds from notes receivable, related to prior sale of Brazil operations - 226 - Net cash used in investing activities (5,268) (2,916) (276)Cash flows from financing activities: Payments on short- and long-term notes payable and finance leases (805) (603) (671)Payment of debt issuance costs (84) - (42)Employee tax payments from stock-based withholding - - (17)Net cash used in financing activities (889) (603) (730)Effect of exchange rate changes on cash (1) 4 (3)Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents 6,259 (2,846) 16 Cash, cash equivalents and restricted cash and cash equivalents, beginning of period 7,459 10,305 8,987 Cash, cash equivalents and restricted cash and cash equivalents, end of period $13,718 $7,459 $9,003  Non-GAAP MeasuresOur management uses EBITDA and Adjusted EBITDA to assess the performance and operating results of our business. EBITDA is defined as Earnings before Interest (includes interest income and interest expense), Taxes, Depreciation and Amortization. Adjusted EBITDA is defined as EBITDA further adjusted for certain special items that occur during the reporting period, as noted below. We include EBITDA and Adjusted EBITDA to provide investors with a supplemental measure of our operating performance. Neither EBITDA nor Adjusted EBITDA is a recognized term under generally accepted accounting principles in the U.S. ("GAAP"). Accordingly, they should not be used as an indicator of, or an alternative to, net income (loss) as a measure of operating performance. In addition, EBITDA and Adjusted EBITDA are not intended to be measures of free cash flow available for management's discretionary use, as they do not consider certain cash requirements, such as debt service requirements. Because the definition of EBITDA and Adjusted EBITDA may vary among companies and industries, it may not be comparable to other similarly titled measures used by other companies. The following table provides a reconciliation of net income (loss), the most directly comparable GAAP measure, to EBITDA and Adjusted EBITDA (in thousands). Three Months Ended March 31, December 31, March 31, 2026 2025 2025 Net loss $(4,076) $(262) $(1,598)Depreciation 1,785 1,776 1,867 Interest expense (income), net (25) 87 (21)Income tax (benefit) expense 6 (56) (88)EBITDA (2,310) 1,545 160 Extraordinary vessel charter costs, net 1,491 - - Impairment and other 147 - - Executive severance costs - - 2,096 Gain on disposal of fixed assets or settlement - - (103)Change in unrealized loss (gain) on natural gas derivatives - (19) (84)Adjusted EBITDA $(672) $1,526 $2,069 # # # # #Investor Contact:
Andrew Puhala
Chief Financial Officer
832-456-6502
ir@stabilis-solutions.comSOURCE: Stabilis SolutionsView the original press release on ACCESS NewswireOriginal: Stabilis Solutions Announces First Quarter 2026 Results

I think we are getting traction now because Trump suspended the Jones Act & added Defense production EO's. I wrote the WH today and recommended they extend this suspension for companies who have current orders for Jones Act compliant vessels or those companies whom initiate an order for a Jones Act vessel within the next two years. GLTA HB

Stabilis Solutions Announces First Quarter 2026 Conference Call and Webcast DateApril 23, 2026 4:50 PM
ACCESS NewswireHOUSTON, TX / ACCESS Newswire / April 23, 2026 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last-mile delivery solutions, today announced that it will issue first quarter 2026 results after the U.S. markets close on Wednesday, May 6, 2026. A conference call will be held on Thursday, May 7, 2026, at 9:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session.A webcast of the conference call will be available in the Investor Relations section of the Company's corporate website at https://investors.stabilis-solutions.com/events. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.To participate in the live teleconference:Domestic Live: 833-316-1983
International Live: 785-838-9310
Conference ID: SLNGQ126To listen to a replay of the teleconference, which will be available through May 14, 2026:Domestic Live: 800-839-2475
International Live: 402-220-7220ABOUT STABILIS SOLUTIONSStabilis Solutions, Inc. is a leading provider of clean fueling, production, storage, and last-mile delivery solutions to multiple end markets. To learn more, visit www.stabilis-solutions.com.INVESTOR RELATIONS CONTACT:Andrew Puhala
Chief Financial Officer
832-456-6502
ir@stabilis-solutions.comSOURCE: Stabilis Solutions, Inc.View the original press release on ACCESS NewswireOriginal: Stabilis Solutions Announces First Quarter 2026 Conference Call and Webcast Date

Waiting on the Proposed Galveston LNG Liquefaction Facility "go ahead announcement" by 3/31.

Stabilis Solutions Announces Fourth Quarter and Full Year 2025 ResultsMarch 4, 2026 4:40 PM
ACCESS NewswireHOUSTON, TX / ACCESS Newswire / March 4, 2026 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions, today announced financial results for the fourth quarter and full year ended December 31, 2025.FOURTH QUARTER 2025 HIGHLIGHTSRevenues of $13.3 millionNet loss of $0.3 millionAdjusted EBITDA of $1.5 millionCash flow from operations of $0.7 million$7.5 million of cash and $2.7 million of availability under credit agreements as of December 31, 2025FULL YEAR 2025 HIGHLIGHTSRevenues of $68.2 millionNet loss of $1.4 millionAdjusted EBITDA of $8.0 millionCash flow from operations of $8.6 millionMANAGEMENT COMMENTARY"The fourth quarter marked the successful completion of several multi-year contracts within our marine bunkering and power-generation markets," stated Casey Crenshaw, Executive Chairman and Interim President & Chief Executive Officer. "As anticipated, the wind-down of these projects was reflected in our financial results and negatively impacted revenues in the fourth quarter by approximately 28%. Looking ahead to 2026 and beyond, we have a solid foundation and clear line of sight to significant new opportunities as our organization positions itself for the next phase of growth.""Across our end-markets, commercial demand remains strong, supported by accelerating energy requirements in power generation, in support of data centers," continued Crenshaw. "Our recently awarded multi-year take or pay LNG supply agreement, a contract with an estimated value of approximately $200 million supporting behind the meter power generation, gives us firm visibility into material revenue expansion beginning in early 2027. We are also in active discussions with additional data center customers which reinforces our confidence in the long-term scalability and profitability of our platform.""We are finalizing project financing for our Galveston LNG liquefaction and bunkering project alongside our advisors," noted Crenshaw. "A Final Investment Decision is expected by the end of the first quarter of 2026. We remain focused on disciplined execution, maintaining balance sheet flexibility, and investing in the infrastructure required to meet strong customer demand and drive long-term shareholder value creation."FINANCIAL PERFORMANCE SUMMARYRevenue for the fourth quarter of 2025 was $13.3 million, a decrease of 23.3% compared to the fourth quarter of 2024. The decrease in revenue compared to the prior year period was primarily attributable to the completion of contracts in the marine and power generation sectors, partly offset by higher commodity prices and growth in the aerospace and industrial sector volumes.Net loss for the fourth quarter of 2025 was ($0.3) million, or ($0.01) per diluted share, compared to net income of $2.1 million, or $0.11 per diluted share, in the fourth quarter of 2024. When compared to the prior year period, the net loss reflects lower revenues and a $0.4 million increase in selling, general and administrative expenses.Cash flow from operations was $0.7 million for the fourth quarter of 2025, compared to $2.2 million in the fourth quarter of last year, primarily reflecting the decrease in profitability relative to the prior year period. Adjusted EBITDA (a non-GAAP financial measure) for the fourth quarter of 2025 was $1.5 million, compared to $4.0 million, in the year ago quarter. The decrease in Adjusted EBITDA year-over-year is primarily attributable to the completion of large multi-year contracts during the fourth quarter of 2025.FOURTH QUARTER 2025 CONFERENCE CALL AND WEBCASTStabilis will host a conference call on Thursday March 5, 2026, at 9:00 a.m. ET to review the Company's financial results and conduct a question-and-answer session.A webcast of the conference call will be available in the Investor Relations section of the Company's corporate website at https://investors.stabilis-solutions.com/events. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.To participate in the live teleconference:Domestic Live:800-245-3047International Live:203-518-9765Conference ID:SLNGQ425To listen to a replay of the teleconference, which will be available through March 12, 2026:Domestic Live:800-839-4197International Live:402-220-2987ABOUT STABILIS SOLUTIONSStabilis Solutions is a leading provider of clean fueling, production, storage, and last mile delivery solutions to multiple end markets. To learn more, visit www.stabilis-solutions.com.CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTSThis press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "can," "believes," "feels," "anticipates," "expects," "could," "will," "plan," "may," "should," "predicts," "potential" and similar expressions are intended to identify such forward-looking statements.Such forward-looking statements relate to future events or future performance, but reflect our current beliefs, based on information currently available. Most of these factors are outside our control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, unexpected costs, availability, timing and terms of financing, ability to achieve the conditions precedent to the marine bunkering and other agreements, ability to achieve additional offtake necessary for FID for the planned LNG liquefaction facility, construction delays or cost overruns, regulatory or other legal impediments, and general economic conditions.The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in the Risk Factors in Item 1A of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2025 which is available on the SEC's website at www.sec.gov or on the Investors section of our website at www.stabilis-solutions.com. All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Stabilis does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Stabilis Solutions, Inc. and Subsidiaries
Selected Consolidated Operating Results
(Unaudited, in thousands, except per share data) Three Months Ended Twelve Months Ended December 31, September 30, December 31, December 31, December 31, 2025 2025 2024 2025 2024 Revenues: Revenues $13,273 $20,325 $17,298 $68,245 $73,293 Operating expenses: Cost of revenues 9,994 14,723 12,367 50,229 52,069 Change in unrealized loss (gain) on natural gas derivatives (19) 19 11 (24) (310)Selling, general and administrative expenses 2,342 2,783 1,941 13,189 11,763 Loss (gain) from disposal of fixed assets (38) 165 (460) 24 (761)Depreciation expense 1,776 1,842 1,802 7,345 7,146 Total operating expenses 14,055 19,532 15,661 70,763 69,907 Income (loss) from operations before equity income (782) 793 1,637 (2,518) 3,386 Net equity income from foreign joint venture operations: Net equity income from foreign joint venture operations 546 278 556 1,242 1,564 Income (loss) from operations (236) 1,071 2,193 (1,276) 4,950 Other income (expense): Interest income (expense), net (87) 84 7 42 112 Other income (expense), net 5 (35) 7 (66) 22 Total other income (expense) (82) 49 14 (24) 134 Net income (loss) before income tax expense (318) 1,120 2,207 (1,300) 5,084 Income tax expense (benefit) (56) 1 101 54 485 Net income (loss) $(262) $1,119 $2,106 $(1,354) $4,599 Net income (loss) per common share: Basic and diluted per common share $(0.01) $0.06 $0.11 $(0.07) $0.25 EBITDA $1,545 $2,878 $4,002 $6,003 $12,118 Adjusted EBITDA $1,526 $2,897 $4,013 $7,972 $11,808  Stabilis Solutions, Inc. and Subsidiaries
Consolidated Balance Sheets
(Unaudited, in thousands, except share and per share data) December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $7,459 $8,987 Accounts receivable, net 3,130 6,239 Inventories, net 342 345 Prepaid expenses and other current assets 1,976 1,902 Total current assets 12,907 17,473 Property, plant and equipment: Cost 125,613 117,246 Less accumulated depreciation (72,666) (65,518)Property, plant and equipment, net 52,947 51,728 Goodwill 4,314 4,314 Investments in foreign joint ventures 11,946 11,659 Right-of-use assets and other noncurrent assets 996 410 Total assets $83,110 $85,584 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $4,750 $5,667 Accrued liabilities 2,859 3,566 Current portion of long-term notes payable 1,931 2,010 Current portion of finance and operating lease obligations 417 384 Total current liabilities 9,957 11,627 Long-term notes payable, net of current portion and debt issuance costs 5,755 6,848 Long-term portion of operating lease obligations 726 101 Total liabilities 16,438 18,576 Commitments and contingencies Stockholders' Equity: Common stock; $0.001 par value, 37,500,000 shares authorized, 18,596,301 and 18,585,014 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 19 19 Additional paid-in capital 103,644 103,214 Accumulated other comprehensive income (loss) 10 (578)Accumulated deficit (37,001) (35,647)Total stockholders' equity 66,672 67,008 Total liabilities and stockholders' equity $83,110 $85,584  Stabilis Solutions, Inc. and Subsidiaries
Consolidated Statements of Cash Flows
(Unaudited, in thousands) Three Months Ended Twelve Months Ended December 31, September 30, December 31, December 31, December 31, 2025 2025 2024 2025 2024 Cash flows from operating activities: Net income (loss) $(262) $1,119 $2,106 $(1,354) $4,599 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation 1,776 1,842 1,802 7,345 7,146 Stock-based compensation expense - - 82 447 1,166 Provision for credit losses - 202 14 315 102 Loss (gain) on disposal of assets (38) 165 (460) 24 (761)Income from equity investment in joint venture (594) (322) (608) (1,453) (1,770)Distributions from equity investment in joint venture - - - 1,637 1,716 Cash settlements from natural gas derivatives, net - (61) - 178 (359)Realized and unrealized losses from natural gas derivatives, net - 61 29 202 152 Changes in operating assets and liabilities: Accounts receivable 3,770 (2,721) (455) 2,794 1,390 Prepaid expenses and other current assets (135) 62 12 563 820 Accounts payable and accrued liabilities (3,972) 2,028 (523) (2,275) (678)Other 124 19 172 180 170 Net cash provided by operating activities 669 2,394 2,171 8,603 13,693 Cash flows from investing activities: Acquisition of fixed assets (3,142) (3,877) (5,585) (8,141) (9,146)Proceeds from sale of fixed assets - - 460 211 841 Proceeds from notes receivable, related to prior sale of Brazil operations 226 - 185 226 185 Net cash used in investing activities (2,916) (3,877) (4,940) (7,704) (8,120)Cash flows from financing activities: Payments on short- and long-term notes payable and finance leases (603) (433) (625) (2,387) (1,905)Payment of debt issuance costs - - - (42) - Employee tax payments from stock-based withholding - - - (17) (9)Net cash used in financing activities (603) (433) (625) (2,446) (1,914)Effect of exchange rate changes on cash 4 1 (12) 19 (46)Net increase (decrease) in cash and cash equivalents (2,846) (1,915) (3,406) (1,528) 3,613 Cash and cash equivalents, beginning of year 10,305 12,220 12,393 8,987 5,374 Cash and cash equivalents, end of year $7,459 $10,305 $8,987 $7,459 $8,987  Non-GAAP MeasuresOur management uses EBITDA and Adjusted EBITDA to assess the performance and operating results of our business. EBITDA is defined as Earnings from continuing operations before Interest (includes interest income and interest expense), Taxes, Depreciation and Amortization. Adjusted EBITDA is defined as EBITDA further adjusted for certain special items that occur during the reporting period, as noted below. We include EBITDA and adjusted EBITDA to provide investors with a supplemental measure of our operating performance. Neither EBITDA nor Adjusted EBITDA is a recognized term under generally accepted accounting principles in the United States of America ("GAAP"). Accordingly, they should not be used as an indicator of, or an alternative to, net income as a measure of operating performance. In addition, EBITDA and Adjusted EBITDA are not intended to be measures of free cash flow available for management's discretionary use, as they do not consider certain cash requirements, such as debt service requirements. Because the definition of EBITDA and Adjusted EBITDA may vary among companies and industries, it may not be comparable to other similarly titled measures used by other companies. The following table provides a reconciliation of net income, the most directly comparable GAAP measure, to EBITDA and Adjusted EBITDA (in thousands). Three Months Ended Twelve Months Ended December 31, September 30, December 31, December 31, December 31, 2025 2025 2024 2025 2024 Net income $(262) $1,119 $2,106 $(1,354) $4,599 Depreciation 1,776 1,842 1,802 7,345 7,146 Interest expense (income), net 87 (84) (7) (42) (112)Income tax expense (benefit) (56) 1 101 54 485 EBITDA 1,545 2,878 4,002 6,003 12,118 Special items* (19) 19 11 1,969 (310)Adjusted EBITDA $1,526 $2,897 $4,013 $7,972 $11,808 * Special items for all periods presented consist of adjustments related to unrealized (gain)/loss on natural gas derivatives. The year ended December 31, 2025 also includes an add-back of $2.1 million related to Mr. Ballard's severance expenses and a subtraction of $0.1 million for a gain related to a property damage settlement.# # # # #Investor Contact:Andrew Puhala
Chief Financial Officer
832-456-6502
ir@stabilis-solutions.comSOURCE: Stabilis Solutions, Inc.View the original press release on ACCESS NewswireOriginal: Stabilis Solutions Announces Fourth Quarter and Full Year 2025 Results

Lol where's $50?? Pumpers??

$SLNG string play still

They filed April 4th to sell 13,400,000 shares

company must be selling into their news...float is 3.86 mill and we traded 5.7 mill already

SLNG: Thanks, EZ!! Could be a nice runner!! (And it wasn't even a suckers' gapper this morning; was EASY money so far.)

$SLNG: MONSTER NEWSSSSSSSSSSS

Now $10


GOING TO $50 EASY





GO $SLNG

Maybe I change avatar to weatherman?
Oil and gas will be in demand this year.
Expect extreme cold front behind wet weather.
Expect increased road / infrastructure deterioration due to such

Also enhancing inflation (that’s a side note)

Surfs up!
Until my next forecast??

Welcome to the world where it pays to be a surfer who lives for weather!
Slng escapes 2021 with zero asset losses and is poised to have higher than expected revenues!
The new ceo will capitalize on this as well as cut sga dramatically!
And a return on assets will be paramount to demonstrate the unrealized/ good will valuations it deserves!

They are a quarter late due to practicality.
That’s a is what it is thing…a good thing.
I feel comfortable more than usual at this time; as only downside would be to assets that are probably slightly over insured ….
I don’t think the simplicity of this investment is being observed.

So I’m the buyer and by my count I’m alone.
It is what it is

In the mean time; im gambling I can make the market....and I’d like to $32
This is based on the premises that the market (post produce / production) will be about $400k daily pre-facilitation factors....which would equal about 120k shares at $10, 60k shares at $20 and 40k shares at $30.
Wound tightly enough....oh it already is, but it will no longer be soon...

So....before the market makers can produce a market; I’m trying to make a market for them to find production....
I can’t lose....it’s just a matter of how much I make...2x, 6x???15x???
All prior to production!

Post production is another story (not novel)....
The story carries 2x-4x at 18 months
I can’t lose even if ...

The novel....they haven’t finished writing it yet....so, that would be $3.50 share to $60++ share
At 18-36 months from now
(3.50 includes loan covmemeant failure....I live for and love nightmares that would take 2 years to materialize)!!!

It’s simple stupid math!
Horse races at 10/1, but not....you only lose 50%....
Try that 10 times and the finish line is already determined!
And that’s after excluding 18 months ...in a coma...
s long as you don’t fear missing out! Lol!

Followed by even more tightly wound volatility...with a subsequent project that invites hedge...
Thus producing a market....

Synchronized with Price remains stable....

It might make sense to announce a project prior to the conference....

SLNG moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

I saw something here too; I mean at $slng....
This is a great investment!
However I am unsure whether pain will be inflicted in pps prior to fair value being applied; let alone a future earnings multiple...

I will buy so so much more if it doesn’t just start jumping up.

Ps. If a Wall Street bets went after this....lol....this could clear $10,000.00 share ....the lack of liquidity for maximum of reasons is insane!
True float is sub 2 million shares....they can’t even maintain 1 consistent MM...if you know what I mean

To be clear this is an investment, not a trade, unless it fires to $100.00 +++

Stabilis Energy Inc. changed to Stabilis Solutions Inc.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

$SLNG: Yet to move .... ready to roar


Cheap here at $4.60



GO $SLNG

News: $SLNG OTC Markets Group Welcomes Stabilis Energy, Inc. to OTCQX

NEW YORK , Oct. 3, 2019 /PRNewswire/ --  OTC Markets Group Inc.  (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Stabilis Energy, Inc. (OTCQX: SLNG), a vertically integrated provider of distributed liquefied natural...

Got this from SLNG - OTC Markets Group Welcomes Stabilis Energy, Inc. to OTCQX

Second NOTICE: Slang Worldwide will be CNSX SLNG, and Stabilis Energy Inc. will display as SLNG.

Never seen this before where a U.S. domiciled company, Stabilis Energy Inc. has the identical ticker to a Canadian company, Slang Worldwide.

NOTICE: Stabilis Energy Inc. on the U.S. OTC, ticker SLNG, has an identical ticker as SLANG Worldwide on the Canadian CNSX Market, ticker SLNG.

ERROR: SLNG, SLANG Worldwide on the CDNX Market is not SLNG, STABILIS ENERGY INC on the Nasdaq Market, therefore SLNG / Slang Worldwide on the CDNX remains.

https://otce.finra.org/otce/dailyList?viewType=Additions

News: $SLNG SLNG to Begin Trading on OTC and Cease Trading on Nasdaq on 10/3/19; Stabilis Energy Seeks Listing on Other Stock Exchange; Investor Call Scheduled on 10/2/19 at 10:00 am Eastern Time

HOUSTON, TX / ACCESSWIRE / October 2, 2019 / Stabilis Energy, Inc.'s (NASDAQ: SLNG ) (" Stabilis ") common shares will begin trading on the OTC market under the symbol SLNG as of October 3, 2019. This move follows The Nasdaq Stock Market LLC's ("Nasdaq") decision to suspend trading of SLNG...

Got this from SLNG - SLNG to Begin Trading on OTC and Cease Trading on Nasdaq on 10/3/19; Stabilis Energy Seeks Listing on Other Stock Exchange; Investor Call Scheduled on 10/2/19 at 10:00 am Eastern Time

What's holding this stock price down?

So who closed the canadian cannabis board to pump a US energy stock? It is fine if you want a board but why close someone else’s?

News: $SLNG Stabilis Energy to Exhibit at Gastech 2019 - Visit Booth Q-160

HOUSTON, TX / ACCESSWIRE / September 16, 2019 / Stabilis Energy, Inc. (NASDAQ: SLNG ) (“Stabilis”) will be featured at booth Q-160 at this week’s Gastech Exhibition & Conference at NRG Center in Houston, Texas, to discuss its small-scale liquefied natural gas (ȁ...

In case you are interested SLNG - Stabilis Energy to Exhibit at Gastech 2019 - Visit Booth Q-160

News: $SLNG Stabilis Energy Announces Closing of Previously Announced Strategic Investment from Chart Industries Transaction

HOUSTON, TX / ACCESSWIRE / September 6, 2019 / Stabilis Energy, Inc. (NASDAQ: SLNG ) (“ Stabilis ”) today announced that is has closed its previously announced transaction with Chart Industries, Inc. (“Chart”) on Friday, August 30, 2019. “We welcome Ch...

In case you are interested SLNG - Stabilis Energy Announces Closing of Previously Announced Strategic Investment from Chart Industries Transaction

https://stockhouse.com/news/press-releases/2019/05/30/slang-worldwide-announces-q1-2019-financial-results-and-full-year-2019-guidance

https://stockhouse.com/news/press-releases/2019/05/23/slang-worldwide-debuts-firefly-2

SLANG Worldwide to Acquire Award-Winning Cannabis Brands and Additional US Distribution in Strategic Acquisition of LBA Global Corporation
Read more at https://stockhouse.com/news/press-releases/2019/05/14/slang-worldwide-to-acquire-award-winning-cannabis-brands-and-additional-us#wOW62Gf6QAXWtxfF.99

SLANG Worldwide Launches CBD-focused Health and Wellness Division and Enters Partnership with Greenlane for North American Distribution

New SLANG video

https://thegreenfund.com/slang-worldwide-are-they-cannabiss-coca-cola

Analyst Corey Hammill of Paradigm Capital initiated coverage of cannabis CPG company SLANG Worldwide (SLANG Worldwide Stock Quote, Chart CSE:SLNG) on Wednesday with a “Buy” rating, saying that with its a scalable, low-risk business model SLANG is poised for exponential growth in the barely-out-of-the-gate cannabis derivate products market.

SLANG, which has a number of brands in the cannabis space including several in the top ten such as the O.Pen Vape brand, distributes its products through a variety of partners from Mom n’ Pop stores to larger multi-state operators in the US. The company has material operation in ten states as well as in Canada, Jamaica and Puerto Rico, amassing more than $250 million in retail sales to date, according to Hammill.

SLANG Worldwide Co-Founders Peter Miller and Billy Levy Named Among Most Influential People in Cannabis by High Times 100
NEWS PROVIDED BY
SLANG WORLDWIDE
Mar 28, 2019, 07:00 ET

https://oracledispatch.com/2019/03/25/slang-worldwide-inc-slgwf-wants-to-be-the-coca-cola-of-cannabis/?amp

F.Y.I.
https://stockhouse.com/news/press-releases/2019/03/25/slang-worldwide-lists-shares-on-frankfurt-exchange-and-retains-investor

https://digiday.com/marketing/slang-worldwide-building-cpg-company-cannabis/

SLANG Worldwide Inc. SLGWF is a leading cannabis consumer packaged goods company that operates in 11 U.S states and currently sells their products in over 2,600 retail locations.

The company announced on Monday March 11, that they have launched its RESERVE products in the world's biggest marijuana market, California.

According to BDS Analytics, California is one of the largest cannabis markets in the Unites States with recreational sales of $1.2 billion for the 2018 calender year.

The expansion of SLANG's products in California further boosts the company's portfolio to expand into every U.S state.

RESERVE is filled with high-quality and high-potency distillate cannabis oil with a selection up to 15 top strains.

Being sold alongside RESERVE, SLANG already sells the #2 best-selling cannabis brand in the U.S with O.PenVAPE. They also sell Bakked, which is currently California's #1 best-selling distillate.

SLANG Co-Founders Sell Mettrum Health in 2017 for $300 Million

One thing we love about SLANG Worldwide is their management team and experience in a very competitive industry.

CEO Peter Miller and President Billy Levy were in the tech industry before realizing a huge growth opportunity in the budding cannabis industry.

The two were granted an early marijuana license from Canada in 2014 and eventually formed Mettrum Health which was acquired by Canopy Growth CGC in 2017 for $300 million.

Mettrum was one of the “Blessed Eight”, a group of Canadian marijuana companies that was rewarded the first federal approvals to move marijuana genetics into the legal regime from the black market.

SLANG Acquires Organa Brands for $200 million

SLANG’s acquisition of Organa Brands was truly a game-changer for its portfolio has Organa is a multistate concentrate and infused product manufacturer and the maker of O.PenVAPE brand.

The O.PenVAPE brand is the 2nd best-selling cannabis brand in the U.S, according to BDS Analytics.

Some key numbers for Organa Brands:

More than $100 million of retail revenue for O.PenVAPE products since 2014.

$12 million in revenue for the nine months ending September 30, 2018

SLANG Worldwide Partners with Trulieve to bring Organa Brands products to Florida

Florida is very quickly establishing itself as a significant cannabis market leader in the U.S with over 180,000 registered medical marijuana patients.

This number has tripled since 2017.

Trulieve is currently responsible for distributing and producing 60% - 80% of cannabis in the state, according to the Floirda Department of Health.

This partnership will allow Trulieve to exclusively offer SLANG’s premium portfolio products at their dispensaries.

SLANG plans to introduce the O.penVAPE, Bakked, District Edibles and Magic Buzz product lines to Florida medical marijuana patients.

Just last week, Florida’s Senate passed a smokable medical marijuana bill that lifts the ban of smoking cannabis in the plant or “flower” form.

Right now in the state of Florida, patients who want to buy flower must purchase the flower sealed in a vape cup used only for a tabletop vaporizer. This bill will allow cannabis to be sold in the nug form without being sealed in the vape cups.

The bill is subject to be approved by the Supreme Court.

SLANG raised $66 million before IPO this Year

In January before going public on the Canadian Stock Exchange, SLANG raised $66 million by offering Subscription receipts.

In February 2018, SLANG completed a brokered private placement of 22 million special warrants that raised approximately $16.8 million.

Also, Canopy Growth Corp., the world’s largest marijuana and hemp producer by market cap, is backing SLANG Worldwide through a complex financial arrangement.

Canopy and SLANG have this complex agreement so it can comply with the Toronto Stock Exchange’s policy of de-listing cannabis businesses that conduct business in locations where the drug is federally illegal, like the U.S.
This arrangement allows Canopy to acquired up to 20% of equity in SLANG if the U.S legalizes cannabis nation-wide.

We believe SLANG has tremendous growth potential and Chasingmarkets.com has purchased shares of SLANG in the open market.

https://equity.guru/2019/03/12/slang-worldwide-slng-c-launches-reserve-california/

is slang opening otc in US on monday march11 ?

Ok second day, hopefully word will get out that we are on the OSC I would think a few buyers could get this ball rolling, very inexpensive buy in price right now

thought this would be a good time for dry powder, but maybe not? maybe word needs to get out it's OTC now? gosh you'd think it would start out better

Out of the blocks with a good start!

This is good news, wanna get in early with that