secwatch.observer — SEC 8-K summary
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Issuer:     Digimarc CORP (DMRC)
CIK:        0001438231
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001437749-25-026926
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438231/000143774925026926/0001437749-25-026926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438231/000143774925026926/dmrc20250610_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-026926

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