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GSE Systems, Inc.
6940 Columbia Gateway Drive, Suite 470
Phone: (410) 970-7874p:410 970-7874 COLUMBIA, MD  21046-3308  United States Ticker: GVPGVP
Business Summary
GSE Systems, Inc. is a provider of engineering services and technology, staffing, and simulation software to clients in the power and process industries. Its segments include Engineering and Workforce Solutions. Engineering segment primarily encompasses its power plant high-fidelity simulation solutions, technical engineering services for American Society of Mechanical Engineers programs, power plant thermal performance optimization, and interactive computer-based tutorials/simulation focused on the process industry. It also includes various simulation products, engineering consulting services, and operation training systems delivered across the industries its serves primarily in the nuclear, fossil fuel power generation and the process industries. The Workforce Solutions segment provides specialized, technical talent and specialty services throughout the energy, engineering, and adjacent industries including construction, government, infrastructure, environmental, and manufacturing.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes--Yes

Industries
SIC Code Description
7372 Prepackaged software
7373 Computer integrated systems design
8742 Management consulting services
8299 Schools and educational services, not elsewhere classified
7389 Business services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Kathryn O.Gardner 47 6/1/2021 12/17/2019
President, Chief Executive Officer, Director Kyle J.Loudermilk 56 8/1/2015 8/1/2015
Chief Financial Officer, Treasurer Emmett A.Pepe 58 7/1/2016 7/1/2016
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
True North Consulting, LLC 150 Merchant Drive Montrose CO United States
Absolute Consulting, Inc. 7552 Navarre Parkway Navarre FL United States
DP Engineering Ltd. Co. 6100 Western Place Fort Worth TX United States

Business Names
Business Name
Absolute Consulting, Inc.
DP Engineering Ltd. Co.
DP Engineering, LLC
7 additional Business Names available in full report.

General Information
Number of Employees: 218 (As of 12/31/2023)
Outstanding Shares: 3,239,355 (As of 3/31/2024)
Shareholders: 710
Stock Exchange: NASD
Federal Tax Id: 521868008
Fax Number: (410) 970-7997
Email Address: investor@gses.com


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Friday, April 19, 2024