---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-026926"
form_type: "8-K"
ticker: "DMRC"
cik: "0001438231"
company_name: "Digimarc CORP"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:03:51.523073+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digimarc Q2 revenue falls to $8M; ARR drops to $15.9M; CRO departing

## Summary
- Total revenue $8.0M vs $10.4M in Q2 2024; subscription revenue down to $4.6M from $6.4M on two contract expirations.
- ARR as of June 30, 2025 was $15.9M, down from $23.9M a year earlier; $9.3M of lost ARR from expired contracts.
- Net loss narrowed to $8.2M ($0.38/share) from $9.3M ($0.43); non-GAAP net loss was $2.3M ($0.11).
- Cash and marketable securities $16.1M at June 30, down from $28.7M at Dec 31; free cash flow usage $5.0M.
- EVP and CRO Tom Benton to depart effective Sept 1, 2025; will receive two months base salary severance.

## SEC filing metadata
- accession: 0001437749-25-026926
- form_type: 8-K
- ticker: DMRC
- cik: 0001438231
- company_name: Digimarc CORP
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438231/000143774925026926/0001437749-25-026926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438231/000143774925026926/dmrc20250610_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-026926
- JSON: https://secwatch.observer/filing/0001437749-25-026926.json
- Plain text: https://secwatch.observer/filing/0001437749-25-026926.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.