Digimarc Corporation (NASDAQ:DMRC) Q4 2020 Earnings Conference Call February 24, 2021 5:00 PM ET Company Participants Bruce Davis - Chairman & Chief Executive Officer Charles Beck - Chief Financial Officer Bob Chamness - Executive Vice President, Sustainability Conference Call Participants Jim Ricchiuti - Needham & Company Rudy Kessinger - Craig-Hallum Capital 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 ...

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, 2020 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) Q3 2020 Earnings Conference Call October 28, 2020 5:00 PM ET Company Participants Bruce Davis - Chairman and Chief Executive Officer Charles Beck - Chief Financial Officer Bob Chamness - Executive Vice President, Sustainability Conference Call Participants Jeff Van Rhee - Craig-Hallum Capital Jeff Bernstein - Cowen Steve Tomkins - Oppenheimer & Company Operator Good afternoon and thank you for participating in today’s conference call. Now I will turn the call over to Chair ...

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, 2020 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) Q2 2020 Earnings Conference Call July 29, 2020 5:00 PM ET Company Representatives Bruce Davis - Chairman, Chief Executive Officer Charles Beck - Chief Financial Officer Conference Call Participants Jeff Bernstein - Cowen Rudy Kessinger - Craig-Hallum Stephen Tomkins - Oppenheimer Operator Good afternoon and thank you for participating in today’s conference call. Now I will turn the call over to Chairman and CEO of Digimarc, Mr. Bruce Davis. Please proceed sir. Bruce Davis ...

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, 2020 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) Q1 2020 Earnings Conference Call April 29, 2020 5:00 PM ET Company Representatives Bruce Davis - Chairman, Chief Executive Officer Charles Beck - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig-Hallum Operator Good afternoon and thank you for participating in today’s conference call. Now I will turn the call over to Bruce Davis, Chairman and CEO of Digimarc. Mr. Davis, please proceed. Bruce Davis Thank you. Good afternoon! Welcome to our conferen ...

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, 2019 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 2019 Earnings Conference Call February 26, 2020 5:00 PM ET Company Participants Bruce Davis - Chairman and Chief Executive Officer Charles Beck - Chief Financial Officer and Treasurer Conference Call Participants Michael Cikos - Needham & Company Rudy Kessinger - Craig-Hallum Capital Group LLC Operator Good afternoon, and thank you for participating in today’s conference call. I’d now like to turn the call over to Chairman and CEO of Digimarc, Mr. Bruce Davis. Sir, plea ...

财务数据关键指标变化：收入和利润 - 第三季度总收入同比增长19%至582.8万美元，前九个月总收入同比增长11%至1766.8万美元[101] - 第三季度总毛利润同比增长31%至391.0万美元，毛利率从61%提升至67%[115] - 前九个月总毛利润同比增长19%至1143.1万美元，毛利率从60%提升至65%[115] - 运营亏损率从去年同期的175%收窄至138%[100] - 净亏损率从去年同期的170%收窄至133%[100] - 同期净亏损为2415.7万美元，较上年同期的2449.2万美元略有改善，减少33.5万美元（1%）[146] 财务数据关键指标变化：成本和费用 - 总收入成本占比从去年同期的39%降至33%[100] - 毛利率从去年同期的61%提升至67%[100] - 销售和营销费用占比从去年同期的96%降至83%[100] - 研发和工程费用占比从去年同期的83%降至70%[100] - 总运营费用占比从去年同期的236%降至205%[100] - 第三季度总运营费用同比增长3%至1190万美元，前九个月总运营费用同比增长4%至3630万美元[102] - 第三季度销售与营销费用同比增长2%至483.9万美元，主要受人员增加及薪酬相关费用增加20万美元驱动[120][123] - 研发与工程费用在2019年第三季度为4105万美元，同比增长1%，占总收入比例从去年同期的83%降至70%[125] - 2019年第三季度一般及行政费用为2656万美元，同比增长9%，占总收入比例从去年同期的50%降至46%[127] - 2019年前九个月一般及行政费用增加699万美元，其中人员与薪酬相关费用增加40万美元，基础设施与集中成本增加20万美元，专业与咨询费用增加10万美元[131] - 2019年前九个月知识产权费用为1093万美元，同比增长15%[132] - 2019年第三季度股权激励费用总额为2041万美元，同比增长9%[137] 各条业务线表现 - 服务收入占总收入比例从去年同期的57%降至52%，订阅收入占比从31%增至39%[100] - 第三季度服务收入同比增长8%至300.3万美元，订阅收入同比大幅增长48%至227.3万美元，但许可收入同比下降7%至55.2万美元[104] - 前九个月服务收入同比增长6%至1016.7万美元，订阅收入同比大幅增长30%至592.4万美元，但许可收入同比下降11%至157.7万美元[104] - 订阅业务毛利率显著改善，第三季度从69%提升至80%，前九个月从68%提升至77%[115] 各地区表现 - 第三季度国内收入同比强劲增长54%至213.6万美元，国际收入同比增长5%至369.2万美元[110] - 前九个月国内收入同比增长27%至522.5万美元，国际收入同比增长5%至1244.3万美元[110] 管理层讨论和指引 - 公司认为现有现金、现金等价物及短期有价证券足以满足未来至少12个月的营运资金和资本支出需求[151] - 公司可能通过股权分销协议或类似融资方式筹集资金，以支持增长计划或未来收购，但无法保证能获得令人满意的条款[151] 现金流与融资活动 - 截至2019年9月30日的九个月，经营活动净现金流出为1676.3万美元，较上年同期的1610.4万美元增加65.9万美元（4%）[146] - 非现金项目增加至772.5万美元，较上年同期的694.9万美元增长77.6万美元（11%），主要源于更高的股权激励费用[146][148] - 营运资产和负债变动导致现金流出33.1万美元，较上年同期的现金流入143.9万美元大幅恶化，减少177.0万美元（123%），主因是2018年1月收取的175万美元前期许可费[146][148] - 投资活动现金净流出为1130万美元，较上年同期的现金净流入970万美元大幅减少2090万美元，主要由于增加了有价证券的净购买[149] - 融资活动现金净流入为1720万美元，较上年同期的净流出60万美元大幅增加1780万美元，主要源于普通股销售[150] - 公司通过股权分销协议已出售335,748股普通股，平均价格60.61美元，总现金收入2030万美元，扣除佣金和发行成本后净收入1960万美元[151] - 公司拥有1亿美元储架注册声明，其中已分配4980万美元用于未来发行，该声明将于2020年6月到期[151] 其他财务数据 - 截至2019年9月30日，现金、现金等价物及短期有价证券为41335万美元，长期有价证券为1497万美元，总计42832万美元[142] - 流动比率从2018年12月31日的11.5:1下降至2019年9月30日的9.5:1[142] - 2019年第三季度其他净收入为259万美元，同比下降5%，主要因现金及投资余额减少导致利息收入降低[139] - 截至2019年9月30日递延所得税资产估值准备为50072万美元，较2018年12月31日的42349万美元增加7723万美元[140] 其他重要内容 - 公司拥有超过1100项已授权和申请中的美国及外国专利[95] - 公司预计为截至2019年9月30日已授予的奖励，将在2023年9月30日前确认额外15473万美元的股权激励费用[138] - 公司自2019年1月1日起采用新的租赁会计准则ASC 842[97]