secwatch.observer — SEC 8-K summary
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Issuer:     Digimarc CORP (DMRC)
CIK:        0001438231
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001564590-22-008299
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digimarc Q4 revenue up 28% to $7.1M; FY net loss $34.8M, cash down to $41.6M
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- Q4 revenue $7.1M (+28% YoY); subscription revenue from 10 non-core patent sales and HolyGrail 2.0 service revenue.
- Q4 net loss $8.2M ($0.50 loss per share) vs $7.8M ($1.27 loss per share) in prior year (prior year had $11.4M adjustment).
- FY2021 revenue $26.5M (+11% YoY); operating loss $39.9M, net loss $34.8M ($2.11 loss per share).
- Cash and marketable securities $41.6M at Dec 31, 2021 vs $77.7M a year ago, a decline of $36.1M.
- Non-recurring costs: $1.0M for EVRYTHNG acquisition in Q4; $6.2M former CEO separation; $5.1M PPP loan forgiveness gain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438231/000156459022008299/0001564590-22-008299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438231/000156459022008299/dmrc-8k_20220302.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-008299

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