DWSN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, DWSN has $40,575K in assets. $5,081K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Contract assets	-	7,454
Cash and cash equivalents	5,081	16,228
Accounts receivable, net	2,171	3,524
Prepaid expenses and other current assets	5,934	4,222
Total current assets	13,186	31,428
Property and equipment	250,374	237,255
Less accumulated depreciation	226,553	225,925
Property and equipment, net	23,821	11,330
Operating lease right-of-use assets	3,209	2,559
Intangibles, net	359	367
Total assets	40,575	45,684

Accounts payable	5,698	2,991
Payroll costs and other taxes	1,403	1,786
Other	1,052	932
Deferred revenue	3,709	17,935
Current maturities of notes payable and finance leases	3,598	1,723
Current maturities of operating lease liabilities	1,075	1,178
Total current liabilities	16,535	26,545
Notes payable and finance leases, net of current maturities	6,545	1,127
Operating lease liabilities, net of current maturities	2,290	1,583
Deferred tax liabilities, net	16	16
Preferred stock-par value 1.00 per share 4,000,000 shares authorized, none outstanding	-	0
Total long-term liabilities	8,851	2,726
Common stock-par value 0.01 per share 35,000,000 shares authorized, 31,047,801 and 30,983,437 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively	310	310
Additional paid-in capital	157,115	157,115
Accumulated deficit	-140,129	-138,976
Accumulated other comprehensive loss, net	-2,107	-2,036
Total stockholders' equity	15,189	16,413
Total liabilities and stockholders' equity	40,575	45,684

Unit: Thousand (K) dollars