Every 8-K that Digimarc Corporation (DMRC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DMRC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DMRC filings page.
Digimarc Corporation reported second-quarter 2026 revenue of $7.4 million, down from $8.0 million a year earlier, as subscription revenue declined to $3.7 million while service revenue grew modestly to $3.6 million. Ending Annual Recurring Revenue (ARR) was $11.6 million versus $15.9 million, primarily due to the expiration and step-down of key commercial contracts.
Total gross margin was 58%, with subscription and service margins improving to 89% and 60%, respectively. GAAP operating expenses rose to $16.7 million, driven largely by $5.4 million of one-time stock-based compensation tied to the former CEO and $0.4 million of reorganization costs. This led to a wider GAAP net loss of $12.1 million or ($0.54) per diluted share.
On a non-GAAP basis, operating expenses declined to $8.1 million and net loss improved to $1.7 million or ($0.08) per share. Cash, cash equivalents and marketable securities totaled $8.8 million at June 30, 2026, down from $12.9 million at year-end 2025. Free cash flow usage improved significantly to $1.0 million in the quarter from $5.0 million in the prior-year period.
Digimarc Corporation reported a change in its Board of Directors. On August 12, 2026, Riley McCormack resigned from the Board, effective immediately, in accordance with a Subscription Agreement dated September 29, 2020 between the company’s predecessor and TCM Strategic Partners L.P.
On the same date, the Board elected Paul Carreiro to fill the vacancy. His term will run until the next annual shareholders’ meeting, when the Board intends to nominate him for election by shareholders. As an executive officer, he will not serve on Board committees and will not receive additional compensation for his director role. The company states there is no arrangement or understanding with any other person regarding his selection and that he has no transactions requiring disclosure under Item 404(a) of Regulation S-K.
Digimarc Corporation filed a current report describing equity and severance arrangements for new President and Chief Executive Officer Paul Carreiro and disclosing liquidity risks that raise substantial doubt about its ability to continue as a going concern under ASC 205-40.
Carreiro received an inducement award of 307,400 time-vesting LTIP Units that vest quarterly through June 30, 2030, plus 752,600 performance-vesting LTIP Units tied to stock price hurdles of $14.37, $21.92, and $38.33 over four years. He is also entitled to 18 months’ salary and up to 18 months of health insurance premiums as severance if terminated without cause or for good reason, with an added pro rata target bonus around a change of control. Digimarc reported cash and marketable securities of $9.0 million as of May 31, 2026, and stated this is not expected to fund operations for at least 12 months from the filing date without revenue growth, additional capital, or cost reductions.
Digimarc Corporation entered a Sales Agreement with Needham & Company for an at-the-market equity program allowing sales of up to $17,500,000 of common stock under its Form S-3 shelf. The sales agent will earn a 3.00% commission on shares sold.
The Board appointed Paul Carreiro as President and Chief Executive Officer effective July 6, 2026, with an annual base salary of $500,000 and a target bonus opportunity of 100%. He will receive 307,400 time-based LTIP Units and 752,600 performance-based LTIP Units, with vesting tied to tenure and stock price goals.
In connection with the leadership change, current CEO Riley McCormack will conclude his service as CEO on July 5, 2026 and remain on the Board, receiving severance benefits under existing agreements. Separately, a commercial customer has exercised contractual rights to terminate two projects, which would reduce annual recurring revenue by $2.7 million if recertification efforts are unsuccessful, compared with $3.7 million of prior ARR from this customer.
Digimarc Corporation, formerly known as Digimarc Parent, Inc., has changed its corporate name. The company filed Articles of Amendment in Oregon to change its name from “Digimarc Parent, Inc.” to “Digimarc Corporation,” effective at 12:01 a.m. on May 21, 2026.
The name change will become effective on Nasdaq on May 22, 2026, while the trading symbol remains DMRC. The board and the sole shareholder approved the change on March 10, 2026. The filing states that shareholder rights are not affected and no shareholder action is required.