Digimarc corp (DMRC)
Income statement / TTM
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'11Mar'11Sep'10Jun'10
Revenue:
Total revenue

23,516

22,987

22,895

21,981

21,239

21,192

20,823

24,586

24,735

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service

-

-

-

-

-

-

-

-

-

-

-

-

13,113

12,667

12,359

12,179

12,266

12,517

12,676

12,759

12,240

11,727

11,509

11,384

11,690

11,631

11,500

11,086

10,673

10,792

11,326

11,818

12,374

12,395

12,103

11,913

0

0

0

Subscription

-

-

-

-

-

-

-

-

-

-

-

-

5,790

5,808

5,804

5,948

6,124

6,377

6,790

6,681

6,507

6,203

5,710

5,682

5,619

5,591

4,800

3,703

2,587

1,481

0

0

0

-

-

-

-

-

-

License

-

-

-

-

-

-

-

-

-

-

-

-

3,401

3,318

3,466

3,312

3,390

3,295

3,570

5,137

5,695

7,728

9,402

10,053

14,617

17,742

21,152

24,141

24,312

32,102

30,360

29,842

29,964

22,266

20,248

17,136

0

0

0

Total revenue

-

-

-

-

-

-

-

-

-

-

-

-

22,304

21,793

21,629

21,439

21,780

22,189

23,036

24,577

24,442

25,658

26,621

27,119

31,926

34,964

37,452

38,930

37,572

44,375

43,986

43,633

43,994

36,039

32,351

29,049

0

0

0

Cost of revenue:
Total cost of revenue

8,100

8,036

8,338

8,355

8,375

8,426

8,382

8,519

8,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service

-

-

-

-

-

-

-

-

-

-

-

-

5,876

5,673

5,497

5,246

5,342

5,488

5,549

5,569

5,241

5,077

5,067

5,075

5,338

5,327

5,440

5,570

5,623

5,917

6,319

6,622

6,751

6,638

6,273

6,091

0

0

0

Subscription

-

-

-

-

-

-

-

-

-

-

-

-

2,304

2,410

2,541

2,749

3,021

3,113

3,288

3,292

3,125

3,020

2,803

2,616

2,505

2,491

2,065

1,486

943

355

0

0

0

-

-

-

-

-

-

License

-

-

-

-

-

-

-

-

-

-

-

-

436

414

392

371

358

346

339

337

335

334

344

358

374

387

352

313

266

236

82

100

123

122

277

257

0

0

0

Total cost of revenue

-

-

-

-

-

-

-

-

-

-

-

-

8,616

8,497

8,430

8,366

8,721

8,947

9,176

9,198

8,701

8,431

8,214

8,049

8,217

8,205

7,857

7,369

6,832

6,508

6,716

6,991

7,098

6,937

6,550

6,348

0

0

0

Gross profit

15,416

14,951

14,557

13,626

12,864

12,766

12,441

16,067

16,301

16,655

16,983

13,792

13,688

13,296

13,199

13,073

13,059

13,242

13,860

15,379

15,741

17,227

18,407

19,070

23,709

26,759

29,595

31,561

30,740

37,867

37,270

36,642

36,896

29,102

25,801

22,701

0

0

0

Operating expenses:
Sales and marketing

20,171

19,875

19,631

19,533

19,203

19,140

18,957

18,291

17,531

16,636

15,196

14,066

12,925

11,888

11,534

10,898

10,140

9,275

8,541

8,231

8,185

7,974

7,752

7,235

6,746

6,144

5,235

4,690

4,097

3,827

3,965

4,194

4,241

4,336

4,238

3,831

0

0

0

Research, development and engineering

16,862

16,467

16,021

15,985

16,062

15,971

16,006

16,045

15,923

15,435

14,922

14,105

13,548

13,394

13,095

13,040

12,686

12,465

12,607

12,870

13,249

13,711

13,899

13,677

13,095

12,274

11,101

10,144

9,468

8,741

8,174

7,812

7,550

7,327

7,088

6,451

0

0

0

General and administrative

11,363

11,206

10,954

10,745

10,475

9,897

10,109

10,104

9,927

9,680

9,179

8,776

8,513

8,298

8,106

7,914

7,918

7,954

8,075

8,411

8,757

8,972

9,564

9,837

9,859

9,624

9,216

9,042

8,885

9,457

10,070

9,788

9,867

9,956

8,959

8,646

0

0

0

Intellectual property

-

1,492

1,427

1,413

-

1,282

1,293

1,352

1,392

1,469

1,470

1,477

1,594

1,636

1,790

1,763

1,592

1,525

1,531

1,530

1,626

1,793

1,600

1,512

1,386

1,129

1,145

1,176

1,206

1,248

1,187

1,137

1,112

1,094

1,141

1,201

0

0

0

Total operating expenses

49,530

48,682

47,675

47,318

46,707

46,290

46,365

45,792

44,773

43,220

40,767

38,424

36,580

35,216

34,525

33,615

32,336

31,219

30,754

31,042

31,817

32,450

32,815

32,261

31,086

29,171

26,697

25,052

23,656

23,273

23,396

22,931

22,770

22,713

21,426

20,129

0

0

0

Operating loss

-34,114

-33,731

-33,118

-33,692

-33,843

-33,524

-33,924

-29,725

-28,472

-26,565

-23,784

-24,632

-22,892

-21,920

-21,326

-20,542

-19,277

-17,977

-16,894

-15,663

-16,076

-15,223

-14,408

-13,191

-7,377

-2,412

2,898

6,509

7,084

14,594

13,874

13,711

14,126

6,389

4,375

2,572

0

0

0

Net loss from joint ventures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,107

-1,891

-2,586

-3,284

-2,714

-2,488

-2,354

0

0

0

Other income, net

817

912

985

999

1,042

1,057

979

880

722

588

509

404

330

258

182

142

132

109

88

62

51

55

79

109

107

109

121

136

150

179

185

180

195

195

211

229

0

0

0

Loss before income taxes

-33,297

-32,819

-32,133

-32,693

-32,801

-32,467

-32,945

-28,845

-27,750

-25,977

-23,275

-24,228

-22,562

-21,662

-21,144

-20,400

-19,145

-17,868

-16,806

-15,601

-16,025

-15,168

-14,329

-13,082

-7,270

-2,303

2,694

0

0

-

0

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

2,098

447

0

0

0

Benefit (provision) for income taxes

-12

21

38

59

56

39

-83

-85

-85

-206

-118

-113

-107

10

75

90

74

66

4,994

3,715

1,959

652

-6,393

-6,336

-3,806

-1,796

1,187

3,015

2,990

5,394

4,621

2,058

0

-

0

0

-

0

0

Net loss

-33,285

-32,840

-32,171

-32,752

-32,857

-32,506

-32,862

-28,760

-27,665

-25,771

-23,157

-24,115

-22,455

-21,672

-21,219

-20,490

-19,219

-17,934

-21,800

-19,316

-17,984

-15,820

-7,936

-6,746

-3,464

-507

1,832

3,630

4,244

8,272

7,671

7,307

9,717

5,656

3,743

2,208

0

0

0

Earnings (loss) per common share:
Loss per common share — basic

-0.74

-0.73

-0.65

-0.68

-0.74

-0.70

-0.73

-0.71

-0.72

-0.76

-0.39

-0.68

-0.61

-0.55

-0.55

-0.62

-0.64

-0.63

-0.54

-0.50

-0.52

-1.27

-0.28

-0.38

-0.29

-0.19

-0.12

0.08

0.13

0.11

0.14

0.17

0.74

0.06

0.10

0.54

0.14

-0.21

-0.13

Loss per common share — diluted

-0.74

-0.73

-0.65

-0.68

-0.74

-0.70

-0.73

-0.71

-0.72

-0.76

-0.39

-0.68

-0.61

-0.55

-0.55

-0.62

-0.64

-0.63

-0.54

-0.50

-0.52

-1.27

-0.28

-0.38

-0.29

-0.19

-0.12

0.08

0.13

0.11

0.14

0.17

0.70

0.05

0.09

0.50

0.12

-0.21

-0.13

Weighted average common shares outstanding — basic

12,037

11,967

11,924

11,665

11,487

11,443

11,394

11,337

11,266

11,046

10,797

10,266

10,161

10,126

9,506

8,587

8,533

8,494

8,309

8,029

7,960

7,459

7,176

7,113

7,000

6,916

6,860

6,850

6,838

6,792

6,761

6,737

6,738

6,698

6,706

6,696

6,864

7,098

7,097

Weighted average common shares outstanding — diluted

12,037

11,967

11,924

11,665

11,487

11,443

11,394

11,337

11,266

11,046

10,797

10,266

10,161

10,126

9,506

8,587

8,533

8,494

8,309

8,029

7,960

7,459

7,176

7,113

7,000

6,456

6,860

7,090

7,058

6,839

6,984

6,993

7,140

7,626

7,344

7,245

7,505

7,098

7,097

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.11

0.11

0.11

0.11

0.11

0.11

-

0.11

0.11

-

-

-

-

-

-

-

Service [Member]
Total revenue

12,896

12,972

13,490

13,274

13,081

12,774

12,631

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

5,562

5,523

5,995

6,009

6,004

5,922

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subscription [Member]
Total revenue

9,013

8,408

7,694

6,953

6,309

6,041

5,902

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

1,865

1,840

1,850

1,871

1,914

1,907

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

License [Member]
Total revenue

-

2,069

2,173

2,216

-

2,377

2,290

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of revenue

-

-

651

633

-

597

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-