10-Q Filing

DALLASNEWS CORP CIK: 1413898 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001413898-23-000014`
Period End Date	20230331
Filing Date	20230424
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	daln-20230331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 26 Cash Flow Statement 53 Stockholders Equity 16 Comprehensive Income 8

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.82M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$10.50M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$490.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$396.00K	USD	Point-in-time
Accounts receivable (net of allowance of $396 and $490 at March 31, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$11.60M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable (net of allowance of $396 and $490 at March 31, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$14.02M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventories	`InventoryNet`	$2.73M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$2.54M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.18M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$47.92M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	31.25M	shares	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$313.44M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$313.68M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$306.00M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$306.38M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.30M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.44M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.81M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.99M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$293.00K	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$282.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.81M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.80M	USD	Point-in-time
Total assets	`Assets`	$69.47M	USD	Point-in-time
Total assets	`Assets`	$72.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.04M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.15M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.55M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$3.62M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.06M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.50M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.93M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.76M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$19.45M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$19.23M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.80M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.55M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$982.00K	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$978.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$160.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$162.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$60.59M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.90M	USD	Point-in-time
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at March 31, 2023 and December 31, 2022	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at March 31, 2023 and December 31, 2022	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$494.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.28M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.41M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-430.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-427.44M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.87M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$69.47M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$72.27M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Total net operating revenue	`Revenues`	$35.20M	USD	1 Quarter
Total net operating revenue	`Revenues`	$36.29M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$17.37M	USD	1 Quarter
Employee compensation and benefits	`LaborAndRelatedExpense`	$16.41M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$18.03M	USD	1 Quarter
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$19.25M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$2.39M	USD	1 Quarter
Newsprint, ink and other supplies	`CostDirectMaterial`	$2.18M	USD	1 Quarter
Depreciation	`Depreciation`	$712.00K	USD	1 Quarter
Depreciation	`Depreciation`	$373.00K	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$37.96M	USD	1 Quarter
Total operating costs and expense	`CostsAndExpenses`	$38.77M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.48M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.76M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$362.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.46M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.39M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$232.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$184.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Net loss Basic	`EarningsPerShareBasic`	$-0.49	USD	1 Quarter
Net loss Basic	`EarningsPerShareBasic`	$-0.49	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.35M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.35M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$712.00K	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$373.00K	USD	1 Quarter
Net periodic pension and other post-employment expense (benefit)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$227.00K	USD	1 Quarter
Net periodic pension and other post-employment expense (benefit)	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-225.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$8.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$31.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-25.00K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$11.00K	USD	1 Quarter
Provision, interest and penalties for uncertain tax positions	`UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense`	$2.00K	USD	1 Quarter
Provision, interest and penalties for uncertain tax positions	`UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense`	$2.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.41M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.22M	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$837.00K	USD	1 Quarter
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.64M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-4.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-3.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-723.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.99M	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$398.00K	USD	1 Quarter
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$117.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$625.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-363.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$1.43M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$60.00K	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-19.00K	USD	1 Quarter
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-15.00K	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-975.00K	USD	1 Quarter
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-464.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$236.00K	USD	1 Quarter
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$227.00K	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.50M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.74M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-227.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$856.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$856.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-856.00K	USD	1 Quarter
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-856.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.55M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.57M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.44M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.26M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.89M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.44M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.26M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.89M	USD	Point-in-time
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$2.00K	USD	1 Quarter
Income tax paid, net (refund)	`IncomeTaxesPaidNet`	$-32.00K	USD	1 Quarter
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.87M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$130.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$856.00K	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$856.00K	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.87M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$39.21M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.63M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-2.64M	USD	1 Quarter
Amortization of actuarial (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-10.00K	USD	1 Quarter
Amortization of actuarial (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$130.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$130.00K	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.64M	USD	1 Quarter
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-2.51M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.