Eastman Kodak(US:KODK)2026-03-12 20:21Revenue Breakdown - Prepress Solutions business accounted for 56%, 54%, and 52% of Kodak's total net revenue for the years ended December 31, 2023, 2024, and 2025, respectively[14]. - Advanced Materials and Chemicals segment revenues from Kodak Alaris represented approximately 34% of total segment revenues in 2023 and 33% in both 2024 and 2025[15]. - Industrial Film and Chemicals business accounted for 18%, 21%, and 23% of Kodak's total net revenue for the years ended December 31, 2023, 2024, and 2025, respectively[19]. Business Developments - Kodak completed construction of its cGMP lab and manufacturing facility in 2025, certified to manufacture reagents for healthcare applications, starting with phosphate buffered saline[20]. - Kodak's Prepress Solutions aims for a contract-based model with an average customer contract duration of two years, generating recurring revenue from aluminum digital printing plates[13]. - Kodak's Prosper business includes PROSPER press systems and components, utilizing ULTRASTREAM technology for high-quality printing, with recurring revenue from ink and service sales[17]. - Kodak's Software business launched the cloud-based PRINERGY On Demand Platform in 2022, enhancing its production workflow solutions[17]. - Kodak's Advanced Materials segment actively seeks licensing opportunities for its intellectual property, which may generate unpredictable but potential revenue streams[18]. Workforce and Sustainability - Kodak employs approximately 3,500 employees across 27 countries as of the end of 2025, focusing on attracting and retaining skilled workforce[31]. - Kodak is committed to sustainability, developing products that minimize resource use and reduce environmental impact, particularly in commercial printing[29]. Financial Management - Kodak's long-term debt is primarily used to finance long-term investments, while short-term debt addresses working capital needs[274]. - A 10% stronger U.S. dollar at December 31, 2025, would decrease the fair value of open foreign currency forward contracts by $19 million[275]. - A 10% change in market interest rates would affect the fair value of Kodak's fixed-rate debt by approximately $2 million at December 31, 2025[276]. - The maximum credit exposure for Kodak at December 31, 2025, was not significant, indicating effective management of counterparty credit risk[277].