Company: DMRC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026996
Chunk: 11

Company: Digimarc CORP
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 11
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 based on consolidated financial information. As such, the Company has one single reportable segment. The CODM uses consolidated net income (loss) as a performance measure and total consolidated assets as an asset measure, to assess performance of the Company, to allocate working capital, and to monitor budget versus actual results. 
    
   The following table illustrates reported segment revenue, segment profit and loss, and significant segment expenses.

       Three Months Ended June 30,    Six Months Ended June 30,  
   2025    2024    2025    2024  
 Revenue:                 
 Subscription  $4,624  $6,380  $9,938  $12,142 
 Service   3,386   3,999   7,440   8,175 
 Total revenue   8,010   10,379   17,378   20,317 
 Cost of revenue:                 
 Subscription (1)   715   723   1,459   1,470 
 Service (1)   1,383   1,661   2,790   3,500 
 Amortization expense on acquired intangible assets   1,205   1,132   2,337   2,272 
 Total cost of revenue   3,303   3,516   6,586   7,242 
 Operating expenses                 
 Cash compensation   5,310   10,211   17,352   20,103 
 Stock-based compensation   3,573   2,249   4,695   4,828 
 Professional services and consultants   1,989   1,894   4,842   3,823 
 Software and hardware   685   926   1,538   1,888 
 Depreciation and amortization   568   500   1,043   1,100 
 Other segment items (2)   1,008   1,065   1,827   2,172 
 Total operating expenses   13,133   16,845   31,297   33,914 
 Operating loss   (8,426)  (9,982)  (20,505)  (20,839)