Company: DMRC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005471
Chunk: 112

Company: Digimarc CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1
Chunk 112
---
28,765

      (2,760
      )

       Effect of exchange rate on cash 

      (2
      )

      52

       Net increase (decrease) in cash and cash equivalents 

      (9,091
      )

      (12,142
      )

       Cash and cash equivalents at beginning of period 

      21,456

      33,598

       Cash and cash equivalents at end of period 
       
      $
      12,365

      $
      21,456

       Supplemental disclosure of cash flow information: 

       Cash received (paid) for income taxes, net 
       
      $
      (63
      )
       
      $
      (233
      )

       Supplemental schedule of non-cash activities: 

       Property and equipment and patent costs in accounts payable 
       
      $
      19

      $
      6

       Stock-based compensation capitalized to software and patent costs 
       
      $
      30

      $
      63

       Right of use assets obtained in exchange for lease obligations 
       
      $
      —

      $
      31

See Notes to Consolidated Financial Statements

      F-7

DIGIMARC CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In thousands, except per share data)

   (1) Description of Business and Summary of Significant Accounting Policies

   Description of Business   Digimarc, an Oregon corporation, is a pioneer and global leader in digital watermarking technologies. For nearly 30 years, Digimarc innovations and intellectual property in digital watermarking have been deployed in solutions built upon one or both of the following two things: the identification and the authentication of physical and digital items, often at massive scale, and often where other methods of identification or authentication don’t work well or don’t work at all.   The Digimarc Illuminate platform is a distinctive software as a service (“SaaS”) cloud-based platform for digital connectivity that provides the tools for the application of advanced digital watermarks and dynamic Quick Response (“QR”) codes, software (digital twins) that enables various systems and devices to interact with those data carriers, and a centralized platform for capturing insights about digital interactions and automating activities based on that information.   The Digimarc product suite is built on top of the Digimarc Illuminate platform to power a trusted and scalable ecosystem that can address specific business needs in areas like automation, authenticity, sustainability, and customer trust and connectivity. All of