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

Company: Digimarc CORP
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 11
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  $14,481  $17,358 
 Government:                 
 Subscription  $300  $300  $900  $900 
 Service   3,019   3,761   9,624   11,502 
 Total Government   3,319   4,061   10,524   12,402 
 Total  $7,627  $9,443  $25,005  $29,760 

   The Company has contract assets from contracts with customers that are classified as “trade accounts receivable” in the Consolidated Balance Sheets. See Note 8 for more information about trade accounts receivable.
    
   The Company has contract assets from capitalized contract acquisition costs that are classified as “other current assets” and “other assets” in the Consolidated Balance Sheets. These contract acquisition costs are recognized in proportion to the revenue recognized from the contract they are associated with.
    
   The following table provides information about contract assets:

       September 30,    December 31,  
   2025    2024  
 Contract acquisition costs, current  $124  $38 
 Contract acquisition costs, long-term   199   — 
 Total  $323  $38 

   The Company has contract liabilities from contracts with customers that are classified as “deferred revenue” in the Consolidated Balance Sheets. Deferred revenue consists of billings in advance for subscriptions and services for which the performance obligation has not been satisfied.
    
   The following table provides information about contract liabilities:

       September 30,    December 31,  
   2025    2024  
 Deferred revenue, current  $3,842  $4,020 
 Deferred revenue, long-term   16   2 
 Total  $3,858  $4,022 

       9

        DIGIMARC CORPORATION

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)

        (In thousands, except per share data)

        (UNAUDITED)

   The Company recognized $3,598 of revenue during the nine months ended  September 30, 2025, that was included in the contract liability balance as of  December 31, 2024.
    
   The aggregate amount of the transaction prices from contractual obligations that are uns