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Digimarc(DMRC) - 2023 Q1 - Quarterly Report
2023-05-10 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34108 DIGIMARC CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Digimarc(DMRC) - 2022 Q4 - Earnings Call Transcript
2023-03-02 02:46
Digimarc Corp (NASDAQ:DMRC) Q4 2022 Earnings Conference Call March 1, 2023 5:00 PM ET Company Participants Joel Meyer - EVP, Chief Legal Officer, Compliance Officer & Corporate Secretary Riley McCormack - CEO, President & Director Charles Beck - EVP, CFO & Treasurer Conference Call Participants James Ricchiuti - Needham & Company Operator Greetings, and welcome to the Digimarc Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recor ...
Digimarc(DMRC) - 2022 Q4 - Annual Report
2023-03-01 16:00
Acquisition and Partnerships - Digimarc completed the acquisition of EVRYTHNG Limited on January 3, 2022, enhancing its product cloud capabilities[17] - The partnership with Sealed Air aims to deliver smart packaging solutions across multiple markets, combining Digimarc's digitization platform with Sealed Air's digital packaging innovations[24] Revenue and Contracts - In 2022, 46% of Digimarc's revenue was generated from a long-term contract with Central Banks, which has been extended through December 31, 2029[37][38] - The company anticipates a minimum of $44 million in future revenue from current contracts as of December 31, 2022, up from $29 million in 2021, with approximately $24 million expected to be recognized in 2023[44] - Digimarc's backlog may not guarantee actual revenue due to potential modifications or cancellations of contracts included in the backlog[49] Technology and Innovation - Digimarc's technology achieved a 99% detection rate in a semi-industrial trial for digital watermarks, demonstrating effectiveness across various plastic packaging materials[23] - Digimarc Recycle technology demonstrated 99% accuracy in sorting flexible plastics, facilitating the creation of new end-markets for recycled materials[27] - The company has approximately 950 U.S. and foreign patents granted and pending, positioning it as a leader in digital watermarking technology[40] Employee Engagement and Development - The wellness program through Regence Empower has a participation rate of 45%, which is an increase of 10% from the previous year[66] - The company has implemented a performance management system to support continuous learning and development, with strong participation in employee surveys[64] - Compensation and benefits are reviewed against the market annually, ensuring competitive base salaries and restricted stock units for outstanding performance[60] - The company promotes internal mobility and transparency in leveling and promoting employees, with salary ranges posted for new positions[61] - The company provides various training and development programs, including tuition reimbursement and online training platforms[65] Diversity, Equity, and Inclusion (DEI) - The Digimarc Methodology for organizational health has been adopted to foster diversity, equity, and inclusion (DEI) within the company culture[55] - The Board of Directors oversees the company's ESG efforts, including DEI programs, through the Governance, Nominating, and Sustainability Committee[56] - The Chief People Officer is responsible for developing and advancing the company's human capital strategy, which includes DEI initiatives[67] Employee Benefits and Community Engagement - The company has a Self-Managed Paid Time Off (PTO) program for exempt employees, allowing flexibility in time off[62] - The company supports community outreach through a matching program for employee donations to charities[63] Employee Turnover - Digimarc's employee turnover rate increased to 14% in 2022, attributed to a more competitive labor market[51] Environmental, Social, and Governance (ESG) - The company has formed an internal ESG team to manage its environmental, social, and governance impacts, aligning with industry standards[32][34]
Digimarc(DMRC) - 2022 Q3 - Earnings Call Transcript
2022-11-06 03:42
Digimarc Corporation (NASDAQ:DMRC) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Joel Meyer – Chief Legal Officer Charles Beck – Chief Financial Officer Riley McCormack – Chief Executive Officer Conference Call Participants Matt Collard – PCB Advisory Jeff Bernstein – Cowen Jeff Van Rhee – Craig-Hallum Capital Group Operator Good day, and welcome to the Digimarc Q3 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After ...
Digimarc(DMRC) - 2022 Q3 - Quarterly Report
2022-11-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------------------| | | | | For ...
Digimarc(DMRC) - 2022 Q2 - Earnings Call Transcript
2022-08-06 14:10
Start Time: 17:00 January 1, 0000 5:18 PM ET Digimarc Corporation (NASDAQ:DMRC) Q2 2022 Earnings Conference Call August 03, 2022, 17:00 PM ET Company Participants Riley McCormack - President and CEO Charles Beck - EVP, CFO and Treasurer Joel Meyer - EVP, Chief Legal Officer and Corporate Secretary Conference Call Participants Operator Greetings, and welcome to the Digimarc Corporation Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answe ...
Digimarc(DMRC) - 2022 Q2 - Quarterly Report
2022-08-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------------------| | | | | For the ...
Digimarc(DMRC) - 2022 Q1 - Earnings Call Transcript
2022-05-13 02:28
Digimarc Corporation (NASDAQ:DMRC) Q1 2022 Results Conference Call May 12, 2022 5:00 PM ET Company Participants Bob Chamness - Chief Legal Officer Riley McCormack - President & CEO Charles Beck - Executive VP, CFO & Treasurer Conference Call Participants Jim Ricchiuti - Needham & Company Robin Knipp - Janney Montgomery Operator Good afternoon and thank you for participating in today's conference call. Now I will turn the call over to Bob Chamness, Chief Legal Officer. Mr. Chamness, please proceed. Bob Chamn ...
Digimarc(DMRC) - 2022 Q1 - Quarterly Report
2022-05-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------|------------------------------------------------------------------------------------ ...
Digimarc(DMRC) - 2021 Q4 - Annual Report
2022-03-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------------------------------|----------------------------------------------------------------- ...