{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-107773","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.202702+00:00","generated_at":"2026-05-17T00:05:57.240120+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Dawson Geophysical enters $5M secured revolver at 13% interest; related-party lender","bullets":["Revolving credit facility of up to $5,035,032 at 13% annual interest; 36 monthly principal payments of $139,862 starting Dec 20, 2025.","Matures November 20, 2028; collateral includes vibrator energy source vehicles under a security agreement.","Lender Equify Financial is controlled by Dan Wilks and Farris Wilks, who also control Dawson; transaction approved by Audit Committee.","Borrowers may prepay up to 75% of outstanding principal without a prepayment fee; remaining 25% subject to 1% premium."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-107773","json":"https://secwatch.observer/filing/0001104659-25-107773.json","markdown":"https://secwatch.observer/filing/0001104659-25-107773.md","text":"https://secwatch.observer/filing/0001104659-25-107773.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000110465925107773/0001104659-25-107773-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000110465925107773/dwsn-20251031x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:05:57.240120+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"}