Company: DMRC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005471
Chunk: 32

Company: Digimarc CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7A
Chunk 32
---
 with ASC 260 “Earnings Per Share,” using the treasury stock method. 
    
   Basic earnings per share excludes dilution and is calculated by dividing earnings by the weighted-average number of shares outstanding for the period. Diluted earnings per share is calculated by dividing earnings by the weighted-average number of shares, as adjusted for the potentially dilutive effect of unvested RSUs and PRSUs. The dilutive effect of unvested RSUs and PRSUs is determined using the treasury stock method. RSAs are included in shares outstanding on the date of grant.

        F-
       17

        DIGIMARC CORPORATION

        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)

        (In thousands, except per share data)

   The following table reconciles earnings (loss) per share:

       Year Ended December 31,  
   2024    2023  
 Basic Earnings (Loss) per Share:         
 Net loss — basic  $(39,010) $(45,959)
 Weighted average shares outstanding — basic   21,261   20,322 
 Basic loss per share  $(1.83) $(2.26)
         
 Diluted Earnings (Loss) per Share:         
 Net loss — diluted  $(39,010) $(45,959)
 Weighted average shares outstanding — diluted   21,261   20,322 
 Diluted loss per share  $(1.83) $(2.26)

   The following table indicates the common stock equivalents related to unvested RSUs and PRSUs that were anti-dilutive and excluded from diluted earnings (loss) per share calculations:

       Year Ended December 31,  
   2024    2023  
 Anti-dilutive shares due to net loss   102   134 

   (7) Trade Accounts Receivable 
    
   Trade Accounts Receivable
    
   Trade accounts receivables are recorded at the contractual or invoiced amount.

       December 31,    December 31,  
   2024    2023  
 Trade accounts receivable, current  $6,563  $5,947 
 Trade accounts receivable, long-term   80   9 
 Allowance for doubtful accounts   (151)  (134)
 Trade accounts receivable