DAWSON GEOPHYSICAL CO

For the period ended Dec 31, 2024. Filed Apr 2, 2025.

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.

FY2024 · Filed Apr 2, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

(amounts in thousands, except share data)


· · · Equity · · · · · · · · · · · · Accumulated · · · ·
· · · Attributable · · Common Stock · · Additional · · · · · Other · · · ·
· · · to Breckenridge · · Number · · · · Paid-in · · Accumulated · · Comprehensive · · · ·
· · · Prior to Acquisition · · Of Shares · Amount · Capital · (Deficit) · (Loss) Income · Total
Balance January 1, 2023	$7,695	23,812,329	$238	$155,413	$(112,469)	$(2,073)	$48,804

Net loss	(976)				(11,171)		(12,147)

Unrealized income on foreign exchange rate translation						161
Income tax benefit (expense)						—
Other comprehensive income						161	161

Issuance of stock for Breckenridge acquisition	(1,335)	1,188,235	12	2,008			685

Excess of purchase price over net assets acquired				(10,565)			(10,565)

Breckenridge cash distributions prior to acquisition	(3,055)						(3,055)

Issuance of common stock as compensation							—

Deemed distribution of Breckenridge net assets not acquired	(2,329)						(2,329)

Issuance of stock for convertible note		5,811,765	58	9,822			9,880

Balance December 31, 2023	$—	30,812,329	$308	$156,678	$(123,640)	$(1,912)	$31,434

Net loss					(4,119)		(4,119)

Unrealized loss on foreign exchange rate translation						(571)
Income tax benefit (expense)						—
Other comprehensive loss						(571)	(571)

Dividend					(9,860)		(9,860)

Issuance of common stock as compensation		210,510	2	382			384

Shares exchanged for taxes on stock-based compensation		(39,402)	—	(76)			(76)

Unvested stock-based compensation expense				89			89

Balance December 31, 2024	$—	30,983,437	$310	$157,073	$(137,619)	$(2,483)	$17,281

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.