DAWSON GEOPHYSICAL CO

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 31, 2026

DWSN$1.66+3.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Loss

(amounts in thousands, except share and per share data)


· · Year Ended December 31, ·
· 2025 · · 2024
Operating revenues:
Fee Revenue	$61,876	$53,479
Reimbursable Revenue	13,749	20,675
	75,625	74,154
Operating costs:
Operating expenses
Fee operating expenses	48,860	42,346
Reimbursable operating expenses	13,749	20,675
Total operating expenses	62,609	63,021
General and administrative	9,010	9,946
Depreciation and amortization	5,670	5,736
	77,289	78,703

Loss from operations	(1,664)	(4,549)

Other income (expense):
Interest income	117	308
Interest expense	(536)	(159)
Other income, net	148	288

Loss before income tax	(1,935)	(4,112)

Income tax expense	(6)	(7)

Net loss	(1,941)	(4,119)

Other comprehensive income (loss):
Net unrealized income (loss) on foreign exchange rate translation	386	(571)

Comprehensive loss	$(1,555)	$(4,690)

Basic loss per share of common stock	$(0.06)	$(0.13)

Diluted loss per share of common stock	$(0.06)	$(0.13)

Weighted average equivalent common shares outstanding	31,016,792	30,879,855

Weighted average equivalent common shares outstanding - assuming dilution	31,016,792	30,879,855

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.