Company: DMRC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026996
Chunk: 12

Company: Digimarc CORP
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 12
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 Other income, net   210   723   579   1,251 
 Provision for income taxes   (4)  (11)  (24)  (20)
 Net loss  $(8,220) $(9,270) $(19,950) $(19,608)

    (1)  Cost of revenue for Subscription and Service excludes amortization expense on acquired intangible assets. 

    (2)  Other segment items include training and travel expenses, recruiting expenses, rent and facility expenses, bad debt expenses and other miscellaneous costs. 

   Geographic Information
    
   The Company markets its products in the U.S. and in non-U.S. countries through its sales personnel and partners. Revenue by geographic area, based upon the “bill-to” location, was as follows:

       Three Months Ended June 30,    Six Months Ended June 30,  
   2025    2024    2025    2024  
 Domestic  $2,327  $3,471  $4,473  $6,345 
 International (1)   5,683   6,908   12,905   13,972 
 Total  $8,010  $10,379  $17,378  $20,317 

    (1)  Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable. 

       10

        DIGIMARC CORPORATION

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)

        (In thousands, except per share data)

        (UNAUDITED)

   Major Customers
    
   The following customers accounted for 10% or more of revenue:

       Three Months Ended June 30,    Six Months Ended June 30,  
   2025    2024    2025    2024  
 Customer A   45%  39%  41%  41%
 Customer B   11%  14%  15%  14%
 Customer C   10%  18%  *   18%

   * Less than 10% 

   Long-Lived Assets by Geographical Area
    
   Long