Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.
Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.
Run the bounded investigation agent — reads this company's signals and writes a short, cited summary.
{
"sc13d_filings": [],
"ai_signals": [
{
"kind": "strategic_review",
"summary": "Dawson is in discussions with controlling shareholder Wilks regarding potential transactions, including asset contributions/sales or a business combination.",
"quote": "We are in discussion with Wilks regarding one or more transactions involving assets owned by Wilks and/or certain of its affiliates, which may include, among other things, asset contributions or sales, a business combination transaction or other similar transactions.",
"quote_verified": true
},
{
"kind": "advisor_engaged",
"summary": "The Special Committee has authority to retain its own independent legal and financial advisors, and the MD&A confirms it has retained them.",
"quote": "The Special Committee has the authority to retain its own independent legal and financial advisors in connection with its evaluation of any such transaction.",
"quote_verified": true
},
{
"kind": "other",
"summary": "The company incurred $528,000 in expenses in Q4 2025 related to the potential transaction discussions with Wilks.",
"quote": "In connection with these discussions, we incurred $528,000 in expenses in the fourth quarter of 2025, which is included in general and administrative expense in our consolidated statement of operations for the year ended December 31, 2025.",
"quote_verified": true
}
],
"quotes_discarded_unverified": 1,
"ai_status": "ok",
"method": "Deterministic 13D count + LLM language read (quote-verified)"
}{
"exposures": [
{
"asset": "Seismic data acquisition services for oil and natural gas exploration and development",
"exposure_type": "supply",
"quote": "We provide our seismic data acquisition services primarily to providers of multi-client data libraries for use in the onshore drilling and production of oil and natural gas in the continental U.S. and Canada",
"quote_verified": true
},
{
"asset": "Vibration equipment and dynamite energy sources",
"exposure_type": "process",
"quote": "We introduce acoustic energy into the ground by using vibration equipment or dynamite detonation, depending on the surface terrain, area of operation, and subsurface requirements.",
"quote_verified": true
},
{
"asset": "Diesel fuel use",
"exposure_type": "process",
"quote": "We use diesel fuel which is classified by the U.S. Department of Transportation as a hazardous material.",
"quote_verified": true
},
{
"asset": "Hydraulic fracturing monitoring services",
"exposure_type": "products",
"quote": "Microseismic monitoring is used by clients who use hydraulic fracturing to extract hydrocarbon deposits to monitor their hydraulic fracturing operations.",
"quote_verified": true
},
{
"asset": "Seismic crews supplying oil and gas exploration companies",
"exposure_type": "supply",
"quote": "Our seismic data acquisition crews supply seismic data primarily to companies engaged in the exploration and development of oil and natural gas on land and in land-to-water transition areas.",
"quote_verified": true
},
{
"asset": "Revenue dependence on oil and gas industry",
"exposure_type": "supply",
"quote": "We derive substantially all of our revenues from providers of multi-client data libraries and companies in the oil and natural gas exploration and development industry.",
"quote_verified": true
},
{
"asset": "Demand for services in relation to climate policy",
"exposure_type": "supply",
"quote": "The demand for our services would be adversely affected by a significant reduction in oil and natural gas prices and by climate change legislation or material changes to U.S. energy policy.",
"quote_verified": true
}
],
"ppe_share_of_assets": null,
"transition_risk_acknowledged": true,
"quotes_discarded_unverified": 0,
"method": "XBRL PP&E intensity + LLM extraction (quote-verified)"
}{
"icr_by_year": {
"2025-12-31": null,
"2024-12-31": null,
"2023-12-31": -126.893,
"2022-12-31": -716.161
},
"consecutive_years_below_1": 2,
"altman_z_double_prime": -5.431,
"definitions": {
"zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
"z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
},
"inputs": {
"ebit_t": -13070000,
"interest_expense_t": 103000
},
"stale": true,
"latest_filing_period": "2025-12-31",
"source": {
"url": "https://www.sec.gov/Archives/edgar/data/799165/000110465926037886/0001104659-26-037886-index.htm",
"form": "10-K",
"filed": "2026-03-31"
}
}{
"exhibit": "dwsn-20251231xex21d1.htm",
"filing_date": "2026-03-31",
"watchlist": [
"China",
"Russia",
"Belarus",
"Iran",
"North Korea"
],
"watchlist_mentions": {},
"all_jurisdiction_mentions": {
"Delaware": 2,
"Canada": 2
},
"note": "Mention-count proxy from EX-21; ownership %, revenue share and supply relationships require the LLM enrichment phase."
}{
"clusters": [],
"form4_total_1y": 8,
"events_8k_1y": 6,
"window_days": 14,
"note": "Timing pattern only — direction (buy/sell) requires parsing each Form 4 XML; treat as a read-the-filings triage flag, not an accusation."
}{
"current": {
"filed": "2026-03-31",
"tokens": 30168,
"uncertainty_per_1k": 17.97,
"negative_per_1k": 9.98,
"litigious_per_1k": 1.29
},
"prior": {
"filed": "2025-04-02",
"tokens": 28389,
"uncertainty_per_1k": 15.43,
"negative_per_1k": 9.33,
"litigious_per_1k": 1.55
},
"ratios": {
"uncertainty": 1.164,
"negative": 1.069
},
"method": "Loughran-McDonald dictionary densities (lite subset unless full CSV present)"
}