{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007972","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.006879+00:00","generated_at":"2026-06-02T03:00:29.812643+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Dawson Geophysical Q1 net income $5.8M, revenue $31.6M (+7% YoY)","bullets":["Revenue $31.6M, up 7% YoY from $29.4M; gross margin improved to 35% from 25%.","Net income $5.8M ($0.19 per share); EBITDA $7.6M vs $2.2M in Q1 2023.","Special cash dividend of $0.32/share paid May 6, aggregate ~$9.9M.","Expects to reduce to one US crew later in Q2 from two in Q1.","Cash and restricted cash $16.5M at quarter-end; $5M collateral released, credit facility closed."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007972","json":"https://secwatch.observer/filing/0001558370-24-007972.json","markdown":"https://secwatch.observer/filing/0001558370-24-007972.md","text":"https://secwatch.observer/filing/0001558370-24-007972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000155837024007972/0001558370-24-007972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000155837024007972/dwsn-20240513x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:00:29.812643+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":"3b7926977d51f452be5da5c11ba46d7089a79e70","claim":"DAWSON GEOPHYSICAL CO reported first quarter ended March 31, 2024 results: revenue $31.6 million, net income $5.8 million, EPS $0.19 per common share.","evidence_excerpt":"For the first quarter ended March 31, 2024, the Company reported revenues of $31.6 million, an increase of 7% compared to $29.4 million for the comparable quarter ended March 31, 2023. Revenue included reimbursable revenue of $4.8 million and $7.1 million for the quarters ended March 31, 2024, and March 31, 2023, respectively. Gross margin 1 for the quarter ended March 31, 2024, was 35% compared to 25% for the comparable quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799165/000155837024007972/0001558370-24-007972-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$31.6 million"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"$0.19 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"}