{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-041167","form_type":"8-K","ticker":"DMRC","cik":"0001438231","company_name":"Digimarc CORP","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.998837+00:00","generated_at":"2026-06-19T09:07:50.736678+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Digimarc reduces workforce by ~17%; expects $1.5M in severance charges and $7.4M annual savings","bullets":["Workforce reduction of ~17% as part of streamlining operations and improving margins.","One-time cash charges of ~$1.5M: $1.3M severance, $0.2M other cash; additional stock comp charge of ~$0.6M.","Expected annual cash savings of ~$7.4M from salaries ($6.1M) and payroll taxes/benefits ($1.3M); stock comp savings ~$0.7M.","Most charges expected in Q1 2023; reduction substantially complete in Q1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-041167","json":"https://secwatch.observer/filing/0001193125-23-041167.json","markdown":"https://secwatch.observer/filing/0001193125-23-041167.md","text":"https://secwatch.observer/filing/0001193125-23-041167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438231/000119312523041167/0001193125-23-041167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438231/000119312523041167/d435982d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:07:50.736678+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18942517546e09c40ba084de1ce536602869ad67","claim":"Digimarc CORP announced a restructuring with charges of approximately $1.5 million (approximately 17%).","evidence_excerpt":"On February 13, 2023, the Board of Directors of Digimarc Corporation (the “Company”) committed to a reduction in force plan (the “Plan”) as part of the Company’s measures to streamline operations, remove redundancies, and improve operating margins. The Plan involves a reduction in the Company’s current workforce by approximately 17%. The Company currently estimates that it will incur one-time cash charges of approximately $1.5 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438231/000119312523041167/0001193125-23-041167-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.5 million"},{"label":"Headcount","value":"approximately 17%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}