Company: DMRC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005471
Chunk: 43

Company: Digimarc CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7A
Chunk 43
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 there have been no claims made under such indemnification provisions.
    
   The Company is subject from time to time to other legal proceedings and claims arising in the ordinary course of business. At this time, the Company does not believe that the resolution of any such matters will have a material adverse effect on its financial position, results of operations or cash flows.

   (17) Subsequent Events
    
   On  February 26, 2025, the Company announced a reorganization, which could impact our workforce by up to 90 employees. The reorganization is expected to reduce the Company’s cash expenses by approximately $16,500 on an annualized basis. The Company expects to incur approximately $3,000 in one-time reorganization costs in the first quarter of 2025.

      F-24