{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-139706","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2021-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.627764+00:00","generated_at":"2026-06-28T08:03:01.576946+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dawson reports $36.5M cash, warns of continued cash burn; Board repeats tender recommendation at $2.34/share","bullets":["Cash, restricted cash and ST investments approx. $36.5M as of Nov 12, 2021, down from Sep 30 balance.","Negative net working capital (ex-cash, leases) at Sep 30, 2021; cash burn accelerated in 2021.","Expects 2022 activity similar to Q2/Q3 2021, only slight improvement late 2022; no meaningful recovery in seismic market.","Board unanimously recommends tendering shares at $2.34 per share to Wilks subsidiary; tender open through Nov 30.","Company notes E&P capital discipline persists, further reducing demand for seismic services."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-139706","json":"https://secwatch.observer/filing/0001104659-21-139706.json","markdown":"https://secwatch.observer/filing/0001104659-21-139706.md","text":"https://secwatch.observer/filing/0001104659-21-139706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000110465921139706/0001104659-21-139706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000110465921139706/tm2133009d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T08:03:01.576946+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}