---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-031233"
form_type: "8-K"
ticker: "DWSN"
cik: "0000799165"
company_name: "DAWSON GEOPHYSICAL CO"
filed_at: "2022-03-08T23:59:59+00:00"
generated_at: "2026-06-27T00:56:43.314876+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dawson Geophysical Q4 revenue +22% YoY but net loss $6.98M; full-year revenue -71%; merger vote March 15

## Summary
- Q4 2021 revenue $10.84M (+22% YoY), net loss $6.98M ($0.30 loss/share); full-year revenue $24.70M (-71.3%), net loss $29.09M ($1.23 loss/share).
- EBITDA negative: Q4 -$4.27M, full year -$16.45M; cash & short-term investments $30.64M at Dec 31, 2021, down from $46.54M year ago.
- Board approved initial 2022 capex budget of $5M, primarily for support vehicles.
- Special meeting March 15, 2022 to vote on merger with Wilks Brothers; Wilks owns ~74.46% of shares; 80% approval required.

## SEC filing metadata
- accession: 0001104659-22-031233
- form_type: 8-K
- ticker: DWSN
- cik: 0000799165
- company_name: DAWSON GEOPHYSICAL CO
- filed_at: 2022-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799165/000110465922031233/0001104659-22-031233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799165/000110465922031233/tm228580d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-031233
- JSON: https://secwatch.observer/filing/0001104659-22-031233.json
- Plain text: https://secwatch.observer/filing/0001104659-22-031233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.