Company: DMRC
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026996
Chunk: 33

Company: Digimarc CORP
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 33
---
 $
     10,379

     $
     (2,369
     )

     (23
     )%
      
     $
     17,378

     $
     20,317

     $
     (2,939
     )

     (14
     )%

      Revenue (as % of total revenue): 

      Domestic 

     29
     %

     33
     %

     26
     %

     31
     %

      International 

     71
     %

     67
     %

     74
     %

     69
     %

      Total 

     100
     %

     100
     %

     100
     %

     100
     %

Domestic

The $1.1 million decrease in domestic revenue for the three months ended June 30, 2025, compared to the corresponding three months ended June 30, 2024, primarily reflects the expiration of a commercial contract in June 2024 with a domestic customer.

The $1.9 million decrease in domestic revenue for the six months ended June 30, 2025, compared to the corresponding six months ended June 30, 2024, primarily reflects the expiration of a commercial contract in June 2024 with a domestic customer, partially offset by higher subscription revenue from new and existing commercial contracts with domestic customers.

       22

International

The $1.2 million decrease in international revenue for the three months ended June 30, 2025, compared to the corresponding three months ended June 30, 2024, primarily reflects the expiration of a commercial contract in April 2025 with an international customer, and $0.5 million of lower government service revenue from the Central Banks.

The $1.1 million decrease in international revenue for the six months ended June 30, 2025, compared to the corresponding six months ended June 30, 2024, primarily reflects $1.1 million of lower government service revenue from the Central Banks and the expiration of a commercial contract in April 2025 with an international customer, partially offset by $0.4 million of higher commercial service revenue from HolyGrail 2.0 recycling projects.

Revenue by market

      Three Months Ended June 30, 

      Dollar 

      Percent 

      Six Months Ended June 30, 

      Dollar 

      Percent