Digimarc Corp
NASDAQ:DMRC
Income Statement
Earnings Waterfall
Digimarc Corp
Revenue
|
34.9m
USD
|
Cost of Revenue
|
-15.8m
USD
|
Gross Profit
|
19.1m
USD
|
Operating Expenses
|
-67.1m
USD
|
Operating Income
|
-48m
USD
|
Other Expenses
|
2m
USD
|
Net Income
|
-46m
USD
|
Income Statement
Digimarc Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
35
N/A
|
32
-9%
|
27
-15%
|
27
-2%
|
26
-4%
|
24
-5%
|
25
+1%
|
23
-6%
|
22
-4%
|
22
-2%
|
21
-2%
|
22
+1%
|
22
+1%
|
22
+2%
|
22
+1%
|
26
+14%
|
25
-1%
|
25
-2%
|
25
-1%
|
21
-15%
|
21
+2%
|
21
+0%
|
22
+3%
|
23
+4%
|
23
+0%
|
24
+2%
|
24
+1%
|
24
0%
|
24
+1%
|
25
+2%
|
24
-1%
|
25
+3%
|
27
+6%
|
27
+3%
|
29
+5%
|
30
+5%
|
30
+0%
|
31
+1%
|
32
+3%
|
33
+4%
|
35
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(11)
|
(13)
|
(15)
|
(16)
|
(15)
|
(15)
|
(16)
|
(16)
|
|
Gross Profit |
27
N/A
|
24
-11%
|
19
-20%
|
18
-3%
|
17
-6%
|
16
-9%
|
15
-2%
|
14
-10%
|
13
-4%
|
13
-1%
|
13
+0%
|
13
+1%
|
13
+1%
|
14
+3%
|
14
+1%
|
17
+23%
|
17
-2%
|
16
-2%
|
16
-1%
|
12
-23%
|
13
+3%
|
13
+1%
|
14
+6%
|
15
+7%
|
15
+3%
|
15
+3%
|
16
+2%
|
16
-1%
|
16
+2%
|
16
+2%
|
16
-1%
|
17
+2%
|
18
+7%
|
16
-7%
|
16
-3%
|
16
-2%
|
14
-8%
|
15
+7%
|
16
+6%
|
17
+7%
|
19
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(29)
|
(31)
|
(32)
|
(33)
|
(32)
|
(32)
|
(31)
|
(31)
|
(31)
|
(32)
|
(34)
|
(35)
|
(35)
|
(37)
|
(38)
|
(41)
|
(43)
|
(45)
|
(46)
|
(46)
|
(46)
|
(47)
|
(47)
|
(48)
|
(49)
|
(50)
|
(49)
|
(50)
|
(49)
|
(48)
|
(55)
|
(55)
|
(56)
|
(64)
|
(64)
|
(72)
|
(75)
|
(73)
|
(70)
|
(67)
|
(67)
|
|
Selling, General & Administrative |
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
(26)
|
(28)
|
(29)
|
(30)
|
(30)
|
(30)
|
(31)
|
(31)
|
(32)
|
(32)
|
(33)
|
(32)
|
(32)
|
(32)
|
(31)
|
(38)
|
(38)
|
(39)
|
(45)
|
(43)
|
(47)
|
(49)
|
(45)
|
(42)
|
(40)
|
(40)
|
|
Research & Development |
(12)
|
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(17)
|
(17)
|
(17)
|
(17)
|
(18)
|
(20)
|
(21)
|
(24)
|
(26)
|
(28)
|
(28)
|
(27)
|
(27)
|
|
Operating Income |
(2)
N/A
|
(7)
-206%
|
(13)
-79%
|
(14)
-9%
|
(15)
-6%
|
(16)
-6%
|
(16)
+3%
|
(17)
-8%
|
(18)
-6%
|
(19)
-7%
|
(21)
-7%
|
(21)
-4%
|
(22)
-3%
|
(23)
-4%
|
(25)
-8%
|
(24)
+3%
|
(27)
-12%
|
(28)
-7%
|
(30)
-4%
|
(34)
-14%
|
(34)
+1%
|
(34)
-1%
|
(34)
+0%
|
(33)
+2%
|
(34)
-2%
|
(34)
-1%
|
(34)
+2%
|
(34)
-1%
|
(33)
+3%
|
(32)
+2%
|
(39)
-21%
|
(38)
+1%
|
(39)
-1%
|
(48)
-24%
|
(49)
-2%
|
(56)
-16%
|
(61)
-8%
|
(58)
+4%
|
(54)
+7%
|
(50)
+8%
|
(48)
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
4
|
4
|
3
|
5
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
2
|
1
|
1
|
|
Pre-Tax Income |
(2)
N/A
|
(7)
-216%
|
(13)
-80%
|
(14)
-10%
|
(15)
-6%
|
(16)
-6%
|
(16)
+3%
|
(17)
-8%
|
(18)
-6%
|
(19)
-7%
|
(20)
-7%
|
(21)
-4%
|
(22)
-2%
|
(23)
-4%
|
(24)
-7%
|
(23)
+4%
|
(26)
-12%
|
(28)
-7%
|
(29)
-4%
|
(33)
-14%
|
(32)
+1%
|
(33)
-1%
|
(33)
+0%
|
(32)
+2%
|
(33)
-2%
|
(33)
-1%
|
(33)
+1%
|
(33)
-2%
|
(33)
+3%
|
(32)
+2%
|
(40)
-25%
|
(34)
+14%
|
(35)
-1%
|
(45)
-28%
|
(44)
+1%
|
(56)
-27%
|
(60)
-7%
|
(56)
+6%
|
(52)
+8%
|
(48)
+8%
|
(46)
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
4
|
6
|
6
|
(1)
|
(2)
|
(4)
|
(5)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
11
|
11
|
11
|
11
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(1)
|
(3)
|
(7)
|
(8)
|
(16)
|
(18)
|
(19)
|
(22)
|
(18)
|
(19)
|
(20)
|
(21)
|
(22)
|
(22)
|
(24)
|
(23)
|
(15)
|
(17)
|
(18)
|
(22)
|
(33)
|
(33)
|
(33)
|
(32)
|
(33)
|
(33)
|
(33)
|
(33)
|
(33)
|
(32)
|
(40)
|
(34)
|
(35)
|
(44)
|
(44)
|
(56)
|
(60)
|
(56)
|
(52)
|
(48)
|
(46)
|
|
Net Income (Common) |
(1)
N/A
|
(4)
-429%
|
(7)
-90%
|
(8)
-17%
|
(16)
-97%
|
(18)
-13%
|
(19)
-7%
|
(22)
-13%
|
(18)
+18%
|
(19)
-7%
|
(20)
-7%
|
(21)
-4%
|
(22)
-2%
|
(22)
-4%
|
(24)
-7%
|
(23)
+4%
|
(26)
-11%
|
(28)
-7%
|
(29)
-4%
|
(33)
-14%
|
(33)
+1%
|
(33)
-1%
|
(33)
+0%
|
(32)
+2%
|
(33)
-2%
|
(33)
-1%
|
(33)
+1%
|
(33)
-2%
|
(44)
-32%
|
(43)
+2%
|
(51)
-18%
|
(46)
+11%
|
(35)
+24%
|
(44)
-27%
|
(44)
+2%
|
(56)
-28%
|
(60)
-8%
|
(56)
+6%
|
(52)
+7%
|
(48)
+8%
|
(46)
+4%
|
|
EPS (Diluted) |
-0.1
N/A
|
-0.52
-420%
|
-0.98
-88%
|
-1.14
-16%
|
-2.22
-95%
|
-2.26
-2%
|
-2.4
-6%
|
-2.62
-9%
|
-2.19
+16%
|
-2.25
-3%
|
-2.38
-6%
|
-2.23
+6%
|
-2.36
-6%
|
-2.21
+6%
|
-2.34
-6%
|
-2.14
+9%
|
-2.43
-14%
|
-2.45
-1%
|
-2.53
-3%
|
-2.88
-14%
|
-2.86
+1%
|
-2.85
+0%
|
-2.8
+2%
|
-2.69
+4%
|
-2.79
-4%
|
-2.76
+1%
|
-2.7
+2%
|
-2.72
-1%
|
-3.41
-25%
|
-2.65
+22%
|
-3.11
-17%
|
-2.77
+11%
|
-2.11
+24%
|
-2.55
-21%
|
-2.22
+13%
|
-2.81
-27%
|
-3.12
-11%
|
-2.79
+11%
|
-2.58
+8%
|
-2.38
+8%
|
-2.26
+5%
|