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

Company: Digimarc CORP
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 13
---
-based compensation   3,529   2,548   8,170   7,376 
 Professional services and consultants   1,969   2,057   6,811   5,880 
 Software and hardware   608   871   2,146   2,759 
 Depreciation and amortization   563   536   1,606   1,636 
 Other segment items (2)   1,266   932   3,093   3,104 
 Total operating expenses   12,810   17,266   44,107   51,180 
 Operating loss   (8,364)  (11,369)  (28,869)  (32,208)
 Other income, net   217   617   796   1,868 
 Provision for income taxes   (5)  (2)  (29)  (22)
 Net loss  $(8,152) $(10,754) $(28,102) $(30,362)

    (1)  Cost of revenue for Subscription and Service excludes amortization expense on acquired intangible assets. 

    (2)  Other segment items include training and travel expenses, recruiting expenses, rent and facility expenses, bad debt expenses and other miscellaneous costs. 

   Geographic Information
    
   The Company markets its products in the U.S. and in non-U.S. countries through its sales personnel and partners. Revenue by geographic area, based upon the “bill-to” location, was as follows:

       Three Months Ended September 30,    Nine Months Ended September 30,  
   2025    2024    2025    2024  
 Domestic  $2,308  $2,004  $6,781  $8,349 
 International (1)   5,319   7,439   18,224   21,411 
 Total  $7,627  $9,443  $25,005  $29,760 

    (1)  Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable. 

       10

        DIGIMARC