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 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 ...

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 ...

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 ...

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 ...

Financial Data and Key Metrics Changes - First year commercial bookings were $3.8 million, up 50% from Q1 2021, with EVRYTHNG contributing $600,000 [9] - Revenue for Q1 was $7.4 million, an 11% increase from $6.7 million in Q1 last year, with EVRYTHNG contributing $1.5 million [11] - Gross profit margin for Q1 was 45%, down from 65% in Q1 last year, primarily due to $1.2 million of amortization expense from the EVRYTHNG acquisition [14] - Operating expenses for the quarter were $21.4 million, up $8.8 million from Q1 last year, with EVRYTHNG adding $4.6 million [15] - Net loss per common share for the quarter was $1.03 compared to $0.50 in Q1 last year [18] - Non-GAAP net loss per common share was $0.69 versus $0.34 in Q1 last year [19] Business Line Data and Key Metrics Changes - Subscription revenue increased 30% from $2.9 million to $3.8 million, with EVRYTHNG contributing $1.2 million [12] - Service revenue decreased 4% from $3.8 million to $3.6 million, with EVRYTHNG contributing $300,000 [13] Market Data and Key Metrics Changes - Organic first year commercial bookings growth was 28% versus the prior period a year ago, increasing to 42% when excluding the Piracy Intelligence bookings [23] Company Strategy and Development Direction - The company is focused on becoming a product-led organization, emphasizing the importance of long-term transformation over short-term distractions [25][28] - The launch of integrated products, such as Digimarc Recycle and Digimarc Brand Integrity, is a key part of the company's strategy moving forward [24][30] - The company aims to leverage the success of Digimarc Recycle to drive adoption across various geographies and substrates beyond plastic [46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, indicating that the current bookings growth is just the beginning of a longer-term S-curve of growth [75] - The Phase 2 results of the Holy Grail project were described as eye-opening, leading to increased interest from stakeholders [53] Other Important Information - The acquisition of EVRYTHNG closed on January 3, 2022, and has had a significant impact on both revenue and expenses [4] - The company ended the quarter with $24.9 million in cash and investments, having raised $58.3 million in early April through a registered direct offering [19][20] Q&A Session Summary Question: What are the next phases of the test underway in Europe? - Management indicated that the Holy Grail project is not their trial, and they can only share results once they are public [51] Question: Can you elaborate on leveraging this in other geographies and substrates? - Management noted that the Phase 2 results have led to more serious conversations with stakeholders interested in exploring solutions beyond Europe and plastic [52] Question: How do you feel about accelerating the process with other initiatives? - Management confirmed that the EVRYTHNG acquisition has benefited other products and that they are focused on accelerating bookings growth [57][61] Question: Can you provide color on the final acquisition cost for EVRYTHNG? - The transaction costs paid on behalf of EVRYTHNG shareholders were $4 million, with no expectation of a second payout as the Product ARR minimum was not hit [71] Question: What is the target for bookings growth? - Management expects multiple years of high enduring revenue growth, indicating that they are at the beginning of their growth S-curve [75]

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 | --- | --- | --- | |-------------------------------------------------|------------------------------------------------------------------------------------ ...

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 | --- | --- | --- | |-------------------------------------------------------------------------|----------------------------------------------------------------- ...

Digimarc Corporation (NASDAQ:DMRC) Q4 2021 Earnings Conference Call March 2, 2022 5:00 PM ET Company Participants Bob Chamness - Chief Legal Officer Charles Beck - Executive VP, CFO & Treasurer Riley McCormack - President & CEO Conference Call Participants Chris Grenga - Needham & Company Robin Knipp - Janney Montgomery Aaron Spychalla - Craig-Hallum Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed ...

Digimarc Corporation (NASDAQ:DMRC) Q3 2021 Earnings Conference Call November 15, 2021 8:00 AM ET Company Participants Bob Chamness - Chief Legal Officer Charles Beck - CFO Riley McCormack - CEO Niall Murphy - CEO and Co-Founder of EVRYTHNG Conference Call Participants Robin Knipp - Janney Montgomery Jeff Bernstein - Cowen Aaron Spychalla - Craig-Hallum Operator Good morning, and thank you for participating in today's call. Now I'll turn the call over to Chief Legal Officer, Mr. Bob Chamness. Sir, please pro ...