secwatch.observer — SEC 8-K summary
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Issuer:     Digimarc CORP (DMRC)
CIK:        0001438231
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001564590-22-019881
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digimarc Q1 net loss widens to $17.8M; revenue up 11% to $7.4M
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- Revenue $7.4M (+11% YoY); subscription revenue up 30% to $3.8M, driven by EVRYTHNG acquisition.
- Net loss $17.8M ($1.03/sh) vs $8.2M ($0.50/sh) in Q1 2021; non-GAAP loss $11.9M ($0.69/sh).
- Cash and marketable securities $24.9M at March 31, down from $41.6M due to EVRYTHNG closing costs.
- On April 7, 2022, completed registered direct offering of 2.25M shares at $25.90, gross proceeds $58.3M.
- Operating expenses rose to $21.4M from $12.6M, including $4.6M from EVRYTHNG and $0.6M impairment charge.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438231/000156459022019881/0001564590-22-019881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438231/000156459022019881/dmrc-8k_20220512.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-019881

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer