DallasNews Corporation (DALN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1954 COMMERCE STREET DALLAS, TX 75201 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2711 - Newspapers: Publishing, or Publishing and Printing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 22,478 | 27,825 | 32,439 | 42,015 | 48,626 | 55,313 | |||
| Cash and cash equivalents | 11,697 | 27,825 | 32,439 | 42,015 | 48,626 | 55,313 | |||
| Short-term investments | 10,781 | ||||||||
| Receivables | 9,923 | 14,023 | 38,412 | 39,337 | 18,441 | 22,057 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,930 | 2,725 | 2,192 | 1,974 | 2,573 | 3,912 | |||
| Inventory | 1,930 | 2,725 | 2,192 | 1,974 | 2,573 | 3,912 | |||
| Asset, held-for-sale, not part of disposal group | 1,089 | ||||||||
| Other undisclosed current assets | 2,602 | 3,352 | 3,485 | 4,780 | 5,164 | 5,023 | |||
| Total current assets: | 36,933 | 47,925 | 76,528 | 88,106 | 74,804 | 87,394 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 16,141 | 14,811 | 17,648 | 20,406 | 21,371 | ✕ | |||
| Property, plant and equipment | 7,099 | 7,438 | 8,822 | 11,959 | 18,453 | 26,261 | |||
| Long-term investments and receivables | 22,400 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 22,400 | ||||||||
| Intangible assets, net (including goodwill) | 64 | 319 | 17,247 | ||||||
| Goodwill | 13,973 | ||||||||
| Intangible assets, net (excluding goodwill) | 64 | 319 | 3,274 | ||||||
| Deferred income tax assets | 271 | 282 | 257 | 76 | 50 | ✕ | |||
| Other noncurrent assets | 1,790 | 1,809 | 2,197 | 2,604 | 3,648 | 5,029 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6,417 | ||
| Total noncurrent assets: | 25,301 | 24,340 | 28,924 | 35,109 | 66,241 | 54,954 | |||
| TOTAL ASSETS: | 62,234 | 72,265 | 105,452 | 123,215 | 141,045 | 142,348 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,412 | 13,255 | 17,326 | 18,588 | 19,440 | 20,214 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 4,932 | 5,754 | 7,407 | 8,294 | ||
| Accounts payable | 3,963 | 5,041 | 7,821 | 7,759 | 6,103 | 6,334 | |||
| Accrued liabilities | 10,449 | 8,214 | 4,573 | 5,075 | 5,930 | 5,586 | |||
| Deferred revenue | 9,511 | 9,504 | 10,592 | 12,896 | 12,098 | ✕ | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 11,449 | ||
| Total current liabilities: | 23,923 | 22,759 | 27,918 | 31,484 | 31,538 | 31,663 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 19,181 | 21,890 | 23,120 | ||||||
| Liabilities, other than long-term debt | 35,353 | 37,143 | 15,776 | 23,433 | 28,650 | 40,099 | |||
| Liability, pension and other postretirement and postemployment benefits | 18,349 | 20,437 | 15,624 | 19,892 | 24,386 | 33,054 | |||
| Other liabilities | 80 | 160 | 152 | 3,541 | 4,264 | 7,045 | |||
| Operating lease, liability | 16,924 | 16,546 | 19,181 | 21,890 | 23,120 | ✕ | |||
| Total noncurrent liabilities: | 35,353 | 37,143 | 34,957 | 45,323 | 51,770 | 40,099 | |||
| Total liabilities: | 59,276 | 59,902 | 62,875 | 76,807 | 83,308 | 71,762 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,900 | 12,305 | 42,519 | 46,175 | 57,504 | 70,353 | |||
| Treasury stock, value | (13,443) | (13,443) | (13,443) | (13,443) | (13,443) | (12,601) | |||
| Additional paid in capital | 494,563 | 494,563 | 494,563 | 494,389 | 494,389 | 494,389 | |||
| Accumulated other comprehensive loss | (40,247) | (41,380) | (32,406) | (32,468) | (32,294) | (37,641) | |||
| Accumulated deficit | (437,973) | (427,435) | (406,195) | (402,303) | (391,148) | (373,794) | |||
| Other undisclosed equity | 58 | 58 | 58 | 233 | 233 | 233 | |||
| Total equity: | 2,958 | 12,363 | 42,577 | 46,408 | 57,737 | 70,586 | |||
| TOTAL LIABILITIES AND EQUITY: | 62,234 | 72,265 | 105,452 | 123,215 | 141,045 | 142,348 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 139,696 | 150,651 | 154,374 | 154,299 | 183,563 | 202,287 | ||
| Cost of revenue | (79,823) | (80,635) | (83,070) | (89,349) | (107,063) | (31,605) | ||
| Cost of goods and services sold | (8,793) | (11,035) | (9,878) | (10,168) | (16,570) | (22,026) | ||
| Gross profit: | 59,873 | 70,016 | 71,304 | 64,950 | 76,500 | 170,682 | ||
| Operating expenses | (67,943) | (79,003) | (81,254) | (80,523) | (66,961) | (180,571) | ||
| Operating income (loss): | (8,070) | (8,987) | (9,950) | (15,573) | 9,539 | (9,889) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 1,422 | (241) | 7,332 | 7,014 | 4,169 | 3,891 | ||
| Income (loss) from continuing operations before income taxes: | (6,648) | (9,228) | (2,618) | (8,559) | 13,708 | (5,998) | ||
| Income tax expense (benefit) | (464) | (558) | 2,151 | 1,687 | (4,416) | 565 | ||
| Income (loss) from continuing operations: | (7,112) | (9,786) | (467) | (6,872) | 9,292 | (5,433) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (467) | (6,872) | 9,292 | (5,433) | |
| Net income (loss) attributable to parent: | (7,112) | (9,786) | (467) | (6,872) | 9,292 | (5,433) | ||
| Other undisclosed net loss available to common stockholders, basic | (142) | |||||||
| Net income (loss) available to common stockholders, diluted: | (7,112) | (9,786) | (467) | (6,872) | 9,292 | (5,575) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (7,112) | (9,786) | (467) | (6,872) | 9,292 | (5,433) | ||
| Other comprehensive income (loss) | 1,133 | (8,974) | 62 | (174) | 5,347 | (12,709) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,979) | (18,760) | (405) | (7,046) | 14,639 | (18,142) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.