Company: DMRC
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001437749-25-034816
Chunk: 17

Company: Digimarc CORP
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 17
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activity:

           Weighted  
       Average  
   Number of    Grant Date  
 Three Months Ended September 30, 2025:   Shares    Fair Value  
 Unvested balance at June 30, 2025   74  $18.15 
 Granted   22  $12.27 
 Vested   (5) $19.52 
 Forfeited   —  $— 
 Unvested balance at September 30, 2025   91  $16.59 

           Weighted  
       Average  
   Number of    Grant Date  
 Nine Months Ended September 30, 2025:   Shares    Fair Value  
 Unvested balance at December 31, 2024   59  $29.98 
 Granted   69  $12.69 
 Vested   (37) $30.61 
 Forfeited   —  $— 
 Unvested balance at September 30, 2025   91  $16.59 

   The fair value of RSAs vested is as follows:

       Three Months Ended September 30,    Nine Months Ended September 30,  
   2025    2024    2025    2024  
 Fair value of RSAs vested  $73  $308  $668  $2,069 

   Restricted Stock Units Activity
    
   The following table presents the unvested RSU award activity:

           Weighted  
       Average  
   Number of    Grant Date  
 Three Months Ended September 30, 2025:   Shares    Fair Value  
 Unvested balance at June 30, 2025   679  $16.25 
 Granted   98  $8.98 
 Vested   (120) $16.46 
 Forfeited   (41) $19.69 
 Unvested balance at September 30, 2025   616  $14.83 

           Weighted  
       Average  
   Number of    Grant Date  
 Nine Months Ended September 30, 2025:   Shares    Fair Value  
 Unvested balance at