{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-085509","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.676657+00:00","generated_at":"2026-06-12T22:36:27.624265+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Dawson Geophysical reports Q2 2023 revenue of $20.2M, net loss of $4.4M ($0.18 per share), narrower than prior year","bullets":["Revenue $20.2M vs $4.8M YoY; net loss $4.4M ($0.18/sh) vs $7.6M ($0.30/sh) prior year.","Negative EBITDA $2.5M versus $4.6M in Q2 2022; transaction costs of $685,000 excluded from adjusted net loss of $3.7M ($0.15/sh).","Started Q2 with two mid-sized crews, dropped to one crew due to weather and delays; anticipate second crew mid-late Q3, full utilization by Q4.","Acquired Breckenridge Geophysical assets in Q1; $9.9M convertible note to Wilks for ~5.8M shares pending shareholder approval.","CEO cites carbon capture opportunities as growth momentum; several large projects expected in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-085509","json":"https://secwatch.observer/filing/0001104659-23-085509.json","markdown":"https://secwatch.observer/filing/0001104659-23-085509.md","text":"https://secwatch.observer/filing/0001104659-23-085509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000110465923085509/0001104659-23-085509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000110465923085509/tm2322328d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:36:27.624265+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":[{"claim_id":"ac3bbc236d228a3e964f9c1ad105860243ba2490","claim":"DAWSON GEOPHYSICAL CO reported the quarter ended June 30, 2023 results: revenue $20,219,000, net income net loss of $4,430,000, EPS $0.18 loss per common share.","evidence_excerpt":"the Company reported revenues of $20,219,000 compared to $4,765,000 for the comparable quarter ended June 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799165/000110465923085509/0001104659-23-085509-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$20,219,000"},{"label":"Net income","value":"net loss of $4,430,000"},{"label":"EPS","value":"$0.18 loss per common share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}