Digimarc corp (DMRC)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

10,250

11,213

16,414

33,166

24,275

27,278

33,775

35,071

48,449

40,823

25,599

34,242

13,135

11,638

24,647

9,557

8,066

3,160

11,452

4,047

5,064

6,122

2,704

3,272

3,055

3,811

5,079

8,305

9,630

6,866

8,669

7,473

8,547

3,419

2,119

4,710

6,340

Marketable securities

20,320

25,604

24,921

16,792

13,193

16,378

15,640

21,713

15,219

26,915

35,288

33,513

43,050

44,496

29,819

22,378

25,784

33,027

31,585

29,999

32,031

32,201

19,081

20,843

28,120

25,851

27,935

26,192

23,620

25,403

21,759

26,525

22,328

22,244

24,414

23,003

28,441

Trade accounts receivable, net

3,959

4,021

3,570

4,239

3,727

3,888

2,957

3,843

3,790

6,404

7,030

3,897

3,804

5,078

2,521

2,477

2,296

4,616

2,687

3,020

3,620

4,545

3,851

3,691

4,036

5,838

5,117

4,519

4,444

4,216

3,630

2,543

2,470

3,502

3,420

2,846

3,481

Other current assets

2,118

2,456

2,882

2,140

2,026

2,100

2,453

1,982

1,888

2,171

2,177

1,858

1,625

1,695

1,924

1,435

1,396

1,487

2,862

2,575

2,518

2,611

3,541

3,089

2,368

1,658

1,507

1,306

1,088

1,016

1,333

1,162

1,134

1,306

1,486

1,252

1,345

Total current assets

36,647

43,294

47,787

56,337

43,221

49,644

54,825

62,609

69,346

76,313

70,094

73,510

61,614

62,907

58,911

35,847

37,542

42,290

48,586

39,641

43,233

45,479

29,177

30,895

37,579

37,158

39,638

40,322

38,782

37,501

35,391

37,703

34,479

30,471

31,439

31,811

39,607

Marketable securities

-

-

1,497

-

-

-

-

-

-

-

0

0

-

4,392

11,842

-

2,046

2,999

-

-

-

749

2,951

3,744

1,107

5,302

5,097

7,584

7,387

6,787

12,652

9,522

13,130

7,715

4,683

5,956

11,163

Property and equipment, net

3,539

3,650

3,594

3,632

3,808

3,955

4,096

4,068

4,103

4,236

4,273

3,846

3,767

3,570

3,443

3,154

2,987

3,010

2,852

2,786

2,895

2,976

2,904

2,658

2,326

2,395

2,472

1,408

1,381

1,453

1,327

1,357

1,400

1,395

1,468

1,378

1,330

Intangibles, net

6,629

6,670

6,723

6,699

6,649

6,649

6,602

6,558

6,478

6,381

6,369

6,416

6,399

6,422

6,459

6,469

6,563

6,613

6,723

6,728

6,692

6,720

6,836

6,750

6,740

6,709

6,700

6,689

6,683

6,721

3,570

3,361

3,215

2,808

2,661

2,439

2,174

Goodwill

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

1,114

-

-

-

-

-

-

-

Investments in joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

415

1,199

1,194

1,029

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,447

4,942

4,519

3,949

3,217

2,188

3,673

3,589

2,145

2,229

1,929

2,634

2,361

2,275

-

Other assets

2,524

2,660

2,871

3,057

3,167

425

516

403

324

326

311

281

276

331

394

302

314

338

312

304

337

378

410

486

486

570

265

212

165

166

188

214

272

355

428

458

462

Total assets

50,453

57,388

63,586

70,839

57,959

61,787

67,153

74,752

81,365

88,370

82,161

85,167

73,170

78,736

82,163

46,886

50,566

56,364

59,587

50,573

54,271

57,416

48,839

50,589

53,871

57,197

58,503

59,517

59,185

57,331

55,273

54,386

54,425

45,793

44,239

45,511

55,765

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable and other accrued liabilities

2,349

2,272

2,615

2,660

2,337

1,092

1,576

1,695

1,464

1,914

2,071

1,731

1,398

1,523

1,487

1,490

775

1,657

1,814

1,387

1,473

1,379

1,868

1,653

1,325

1,560

1,482

1,405

937

1,143

842

651

1,629

952

1,631

1,532

1,519

Deferred revenue

3,015

3,172

2,391

2,824

2,700

3,226

1,846

-

-

3,124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

744

-

875

1,014

1,018

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

2,410

2,839

-

1,717

2,121

2,448

2,923

1,605

2,158

2,609

3,023

1,642

2,290

2,984

3,660

1,853

2,210

2,690

4,218

2,784

3,155

3,347

2,512

2,156

2,338

2,580

2,660

1,928

2,154

2,562

Total current liabilities

5,364

5,444

5,006

5,484

5,037

4,318

3,422

4,105

4,303

5,038

3,788

3,852

3,846

4,446

3,092

3,648

3,384

4,680

3,456

3,677

4,457

5,039

3,721

3,863

4,015

5,778

4,266

4,560

5,028

3,655

3,873

4,003

5,227

3,612

3,559

3,686

4,081

Lease liability and other long-term liabilities

2,346

2,494

2,739

2,953

3,079

854

887

944

941

985

989

1,029

1,066

956

949

511

219

226

210

219

158

203

241

278

505

496

405

-

-

673

-

-

-

-

-

-

-

Deferred rent and other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

491

507

-

397

419

441

464

-

-

525

Long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

479

508

-

Total liabilities

7,710

7,938

7,745

8,437

8,116

5,172

4,309

5,049

5,244

6,023

4,777

4,881

4,912

5,402

4,041

4,159

3,603

4,906

3,666

3,896

4,615

5,242

3,962

4,141

4,520

6,274

4,671

5,051

5,535

4,328

4,270

4,422

5,668

4,076

4,038

4,194

4,606

Commitments and contingencies (Note 13)

-

-

-

-

-

-

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

Shareholders’ equity:
Preferred stock (par value $0.001 per share, 2,500 authorized, 10 shares issued and outstanding at March 31, 2020 and December 31, 2019)

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

50

Common stock (par value $0.001 per share, 50,000 authorized, 12,645 and 12,446 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively)

13

12

12

12

12

12

12

12

12

12

11

11

11

11

11

9

9

9

9

9

9

8

8

8

8

7

7

7

7

7

7

7

7

7

7

7

7

Additional paid-in capital

190,303

188,103

185,811

184,611

164,119

162,428

160,643

159,160

157,540

155,793

142,461

141,123

122,152

120,985

120,017

79,426

78,379

77,439

76,599

62,886

61,853

60,222

43,756

43,342

42,735

41,498

42,320

41,360

40,346

39,869

38,140

37,322

36,552

34,511

33,448

35,203

49,609

Accumulated deficit

-147,623

-138,715

-130,032

-122,271

-114,338

-105,875

-97,861

-89,519

-81,481

-73,508

-65,138

-60,898

-53,955

-47,712

-41,956

-36,758

-31,475

-26,040

-20,737

-16,268

-12,256

-8,106

1,063

3,048

6,558

9,368

11,455

13,049

13,247

13,077

12,806

12,585

12,148

7,149

6,696

6,057

1,493

Total shareholders’ equity

42,743

49,450

55,841

62,402

49,843

56,615

62,844

69,703

76,121

82,347

77,384

80,286

68,258

73,334

78,122

42,727

46,963

51,458

55,921

46,677

49,656

52,174

44,877

46,448

49,351

50,923

53,832

54,466

53,650

53,003

51,003

49,964

48,757

41,717

40,201

41,317

51,159

Total liabilities and shareholders’ equity

50,453

57,388

63,586

70,839

57,959

61,787

67,153

74,752

81,365

88,370

82,161

85,167

73,170

78,736

82,163

46,886

50,566

56,364

59,587

50,573

54,271

57,416

48,839

50,589

53,871

57,197

58,503

59,517

59,185

57,331

55,273

54,386

54,425

45,793

44,239

45,511

55,765