10-K Filing

DALLASNEWS CORP CIK: 1413898 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001413898-24-000010`
Period End Date	20231231
Filing Date	20240306
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	daln-20231231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 28 Cash Flow Statement 57 Stockholders Equity 14 Comprehensive Income 10

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.70M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$10.78M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$490.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$207.00K	USD	Point-in-time
Accounts receivable (net of allowance of $207 and $490 at December 31, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$9.92M	USD	Point-in-time
Accounts receivable (net of allowance of $207 and $490 at December 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, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Inventories	`InventoryNet`	$1.93M	USD	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
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.35M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.60M	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
Total current assets	`AssetsCurrent`	$47.92M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$36.93M	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`	$307.44M	USD	Point-in-time
Property, plant and equipment, at cost	`PropertyPlantAndEquipmentGross`	$313.44M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$300.34M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$306.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.44M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$7.10M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.81M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$16.14M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$271.00K	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`	$1.79M	USD	Point-in-time
Total assets	`Assets`	$62.23M	USD	Point-in-time
Total assets	`Assets`	$72.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.96M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$4.15M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.90M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$4.06M	USD	Point-in-time
Other accrued expense	`OtherAccruedLiabilitiesCurrent`	$6.55M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.51M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$23.92M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$19.45M	USD	Point-in-time
Long-term pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$17.35M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.55M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.92M	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$982.00K	USD	Point-in-time
Other post-employment benefits	`PostemploymentBenefitsLiabilityNoncurrent`	$996.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$160.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$80.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$59.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.90M	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 9)	`CommitmentsAndContingencies`	-	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 December 31, 2023 and December 31, 2022	`TreasuryStockValue`	$13.44M	USD	Point-in-time
Treasury stock, Series A, at cost; 478,465 shares held at December 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`	$-40.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-437.97M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-427.44M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$62.23M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$72.27M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total net operating revenue	`Revenues`	$150.65M	USD	Annual
Total net operating revenue	`Revenues`	$139.70M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$67.10M	USD	Annual
Employee compensation and benefits	`LaborAndRelatedExpense`	$69.44M	USD	Annual
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$68.01M	USD	Annual
Other production, distribution and operating costs	`OperatingCostsAndExpenses`	$78.64M	USD	Annual
Newsprint, ink and other supplies	`CostDirectMaterial`	$8.79M	USD	Annual
Newsprint, ink and other supplies	`CostDirectMaterial`	$11.04M	USD	Annual
Depreciation	`Depreciation`	$2.71M	USD	Annual
Depreciation	`Depreciation`	$1.52M	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-58.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$102.00K	USD	Annual
Total operating costs and expense	`CostsAndExpenses`	$159.64M	USD	Annual
Total operating costs and expense	`CostsAndExpenses`	$147.77M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-8.07M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-8.99M	USD	Annual
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$-241.00K	USD	Annual
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$1.42M	USD	Annual
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.65M	USD	Annual
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.23M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$464.00K	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	$558.00K	USD	Annual
Net Loss	`NetIncomeLoss`	$-9.79M	USD	Annual
Net Loss	`NetIncomeLoss`	$-7.11M	USD	Annual
Net loss, Basic	`EarningsPerShareBasic`	$-1.33	USD	Annual
Net loss, Basic	`EarningsPerShareBasic`	$-1.83	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.35M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.35M	shares	Annual

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.79M	USD	Annual
Net loss	`NetIncomeLoss`	$-7.11M	USD	Annual
Depreciation	`DepreciationDepletionAndAmortization`	$2.71M	USD	Annual
Depreciation	`DepreciationDepletionAndAmortization`	$1.52M	USD	Annual
Net periodic costs and contributions related to employee benefit plans	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-4.09M	USD	Annual
Net periodic costs and contributions related to employee benefit plans	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-899.00K	USD	Annual
Bad debt expense (benefit)	`ProvisionForDoubtfulAccounts`	$-65.00K	USD	Annual
Bad debt expense (benefit)	`ProvisionForDoubtfulAccounts`	$307.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$25.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.00K	USD	Annual
Gain on short-term investments	`InterestIncomeInterestEarningAsset`	$401.00K	USD	Annual
Provision, interest and penalties for uncertain tax positions	`UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense`	$9.00K	USD	Annual
Provision, interest and penalties for uncertain tax positions	`UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense`	$-102.00K	USD	Annual
Loss on sale/disposal of assets, net	`GainLossOnDispositionOfAssets`	$-58.00K	USD	Annual
Asset impairments	`AssetImpairmentCharges`	$102.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.17M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.68M	USD	Annual
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$400.00K	USD	Annual
Inventories, prepaids and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.54M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-19.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-388.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.08M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.78M	USD	Annual
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-253.00K	USD	Annual
Compensation and benefit obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-778.00K	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-170.00K	USD	Annual
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$1.52M	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$7.00K	USD	Annual
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.09M	USD	Annual
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-71.00K	USD	Annual
Other post-employment benefits	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-56.00K	USD	Annual
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.17M	USD	Annual
Net cash used for operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.93M	USD	Annual
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.63M	USD	Annual
Purchases of assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.15M	USD	Annual
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$10.50M	USD	Annual
Return on short-term investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$120.00K	USD	Annual
Note payment received for asset sales	`ProceedsFromCollectionOfNotesReceivable`	$22.40M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$20.77M	USD	Annual
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.53M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$3.43M	USD	Annual
Dividends paid	`PaymentsOfDividends`	$11.45M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.43M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.45M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-4.61M	USD	Annual
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-16.13M	USD	Annual
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`	$11.70M	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`	$11.70M	USD	Point-in-time
Income tax paid, net	`IncomeTaxesPaidNet`	$619.00K	USD	Annual
Income tax paid, net	`IncomeTaxesPaidNet`	$594.00K	USD	Annual
Investments in property, plant and equipment payable	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$33.00K	USD	Annual
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$856.00K	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$2.14	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.64	USD	Annual
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time
Net Loss	`NetIncomeLoss`	$-9.79M	USD	Annual
Net Loss	`NetIncomeLoss`	$-7.11M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.13M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-8.97M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$3.43M	USD	Annual
Dividends declared	`DividendsCommonStockCash`	$11.45M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.96M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.36M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.58M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-9.79M	USD	Annual
Net Loss	`NetIncomeLoss`	$-7.11M	USD	Annual
Amortization of actuarial (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$522.00K	USD	Annual
Amortization of actuarial (gains) losses	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$-40.00K	USD	Annual
Actuarial gains (losses)	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$-9.50M	USD	Annual
Actuarial gains (losses)	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$1.17M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.13M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-8.97M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-5.98M	USD	Annual
Total Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-18.76M	USD	Annual

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