{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-007577","form_type":"8-K","ticker":"DWSN","cik":"0000799165","company_name":"DAWSON GEOPHYSICAL CO","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.320988+00:00","generated_at":"2026-05-21T19:28:47.423395+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Dawson Geophysical Q1 revenue $16.1M (-49% YoY); net income $1M, Adj. EBITDA $2.3M","bullets":["Revenue of $16.1M, down 49% from $31.6M in Q1 2024. Gross margin 28% vs 36%.","Net income $1M ($0.03 EPS); Adjusted EBITDA $2.3M vs $7.6M in prior year.","Canada operations revenue up 48%, generated $5.5M net income and $5.7M Adjusted EBITDA.","Capital budget of $6M for 2025; cash $2.7M, working capital $6.7M at March 31, 2025.","Backlog improving; one large channel crew highly utilized through year; expect Q2 revenue increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-007577","json":"https://secwatch.observer/filing/0001558370-25-007577.json","markdown":"https://secwatch.observer/filing/0001558370-25-007577.md","text":"https://secwatch.observer/filing/0001558370-25-007577.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799165/000155837025007577/0001558370-25-007577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799165/000155837025007577/dwsn-20250513x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T19:28:47.423395+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"}