Digimarc Corporation (DMRC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 19.04M | 21.34M | 21.76M | 25.11M | 30.92M | 39.33M | 44.79M | 53.18M | 57.94M | 37.08M | 44.95M | 50.97M | 52.31M | 64.14M | 70.45M | 78.92M | 29.61M | 44.01M | 50.85M | 67.34M |
| Cash & Short-Term Investments | 9.96M | 12.87M | 12.56M | 16.09M | 21.57M | 28.73M | 33.69M | 41.46M | 48.92M | 27.18M | 33.33M | 34.54M | 43.02M | 52.54M | 56.36M | 68.39M | 19.19M | 33.33M | 44.19M | 60.95M |
| Cash Only | 8.82M | 9.82M | 9.1M | 10.11M | 8.9M | 12.37M | 25.56M | 30.6M | 36.41M | 21.46M | 32.34M | 26.82M | 32.3M | 33.6M | 40.35M | 47.05M | 3.23M | 13.79M | 25.16M | 21.36M |
| Short-Term Investments | 1.15M | 3.05M | 3.46M | 5.98M | 12.66M | 16.36M | 8.13M | 10.86M | 12.51M | 5.73M | 996K | 7.72M | 10.72M | 18.94M | 16M | 21.34M | 15.96M | 19.54M | 19.04M | 39.59M |
| Accounts Receivable | 7.09M | 6.51M | 6.32M | 6.36M | 6.47M | 6.41M | 6.96M | 8.07M | 5.21M | 5.81M | 7.04M | 11.98M | 4.83M | 5.43M | 7.8M | 5.87M | 5.93M | 8.37M | 4.11M | 4.59M |
| Days Sales Outstanding | 80.78 | 66.27 | 76.47 | 72.87 | 61.88 | 71.07 | 73.25 | 58.24 | 50.49 | 63.69 | 97.29 | 87.6 | 58.83 | 84.3 | 80.4 | 69.33 | 86.85 | 80.57 | 62.37 | 63.28 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.99M | 1.96M | 2.87M | 2.66M | 2.88M | 4.19M | 4.14M | 3.65M | 3.8M | 4.08M | 4.58M | 4.45M | 4.46M | 6.17M | 6.29M | 4.66M | 4.49M | 2.32M | 2.55M | 1.8M |
| Total Non-Current Assets | 29.47M | 31.62M | 33.68M | 35.64M | 35.6M | 36.44M | 40.23M | 40.19M | 41.95M | 43.47M | 43.89M | 47.35M | 48.72M | 49.64M | 49.47M | 53.84M | 63.89M | 20.86M | 21.1M | 13.2M |
| Property, Plant & Equipment | 4.11M | 4.34M | 4.58M | 4.5M | 4.47M | 4.7M | 4.91M | 5.1M | 5.38M | 5.59M | 5.76M | 5.98M | 6.58M | 7.11M | 7.84M | 8.36M | 8.67M | 4.17M | 4.39M | 4.63M |
| Fixed Asset Turnover | 1.79x | 2.00x | 1.68x | 1.79x | 2.04x | 1.80x | 1.89x | 1.98x | 1.81x | 1.64x | 1.53x | 1.39x | 1.15x | 0.97x | 0.97x | 0.91x | 1.15x | 1.66x | 1.42x | 1.33x |
| Goodwill | 8.92M | 9.06M | 9.06M | 9.21M | 8.75M | 8.53M | 9.03M | 8.59M | 8.58M | 8.64M | 8.32M | 8.57M | 8.44M | 8.23M | 6.4M | 6.33M | 6.41M | 1.11M | 1.11M | 1.11M |
| Intangible Assets | 15.24M | 17.05M | 18.77M | 20.59M | 21.16M | 22.19M | 24.83M | 25.26M | 26.72M | 28.46M | 28.98M | 31.42M | 32.4M | 33.17M | 34.03M | 37.98M | 41.83M | 6.61M | 6.61M | 6.61M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.71M | 8.29M | 8.3M | 157K |
| Other Non-Current Assets | 1.19M | 1.18M | 1.28M | 1.33M | 1.21M | 1.01M | 1.45M | 1.24M | 1.27M | 786K | 827K | 1.39M | 1.31M | 1.13M | 1.2M | 1.17M | 1.27M | 673K | 683K | 691K |
| Total Assets | 48.51M | 52.96M | 55.44M | 60.75M | 66.52M | 75.77M | 85.02M | 93.37M | 99.72M | 80.55M | 88.84M | 98.32M | 101.03M | 113.78M | 119.92M | 132.75M | 93.5M | 64.88M | 71.95M | 80.55M |
| Asset Turnover | 0.15x | 0.16x | 0.13x | 0.13x | 0.13x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.10x | 0.09x | 0.07x | 0.06x | 0.06x | 0.07x | 0.09x | 0.10x | 0.08x | 0.07x |
| Asset Growth % | -27.07% | -30.1% | -34.8% | -34.94% | -33.29% | -5.94% | -4.3% | -5.04% | -1.29% | -29.2% | -25.92% | -25.94% | 8.05% | 75.38% | 66.67% | 64.81% | 3.72% | -33.14% | -11.72% | 62.43% |
| Total Current Liabilities | 10.23M | 8.35M | 9.44M | 9.43M | 11.44M | 9.14M | 9.38M | 10.49M | 9.36M | 12.53M | 13.52M | 13.26M | 8.32M | 10.13M | 12.95M | 11.13M | 15.19M | 7.72M | 6.38M | 12.18M |
| Accounts Payable | 6M | 501K | 5.59M | 2.99M | 5.92M | 4.34M | 5.22M | 4.96M | 3.4M | 6.09M | 5.74M | 4.53M | 4.17M | 5.05M | 7.25M | 6.52M | 9.82M | 3.98M | 3.51M | 3.73M |
| Days Payables Outstanding | 87.88 | 86.28 | 124.09 | 122.71 | 140.62 | 129.64 | 132.1 | 108.22 | 115.89 | 140.97 | 125.3 | 144.54 | 165.26 | 243.48 | 242.88 | 198.31 | 216.26 | 158.88 | 151.55 | 134.35 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 809K | 781K | 753K | 726K | 700K | 582K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.09M |
| Deferred Revenue (Current) | 4.23M | 3.99M | 3.84M | 3.95M | 4.71M | 4.02M | 3.41M | 4.81M | 5.26M | 5.85M | 7.32M | 8.1M | 3.26M | 4.14M | 4.73M | 3.58M | 4.32M | 2.99M | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 468K | 629K | 891K | 939K | 968K | 1.03M | 0 | 745K | 2.15M | 2.66M |
| Current Ratio | 1.86x | 2.56x | 2.31x | 2.66x | 2.70x | 4.30x | 4.77x | 5.07x | 6.19x | 2.96x | 3.32x | 3.84x | 6.28x | 6.33x | 5.44x | 7.09x | 1.95x | 5.70x | 7.97x | 5.53x |
| Quick Ratio | 1.86x | 2.56x | 2.31x | 2.66x | 2.70x | 4.30x | 4.77x | 5.07x | 6.19x | 2.96x | 3.32x | 3.84x | 6.28x | 6.33x | 5.44x | 7.09x | 1.95x | 5.70x | 7.97x | 5.53x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 4.21M | 4.38M | 4.61M | 4.84M | 5.06M | 5.27M | 5.48M | 5.71M | 5.89M | 6.1M | 6.44M | 6.42M | 6.04M | 6.05M | 6.15M | 6.34M | 6.79M | 1.78M | 2.69M | 3.13M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 4.07M | 4.31M | 4.55M | 4.78M | 5M | 5.21M | 5.42M | 5.62M | 5.81M | 5.99M | 6.17M | 6.07M | 5.9M | 5.98M | 6.05M | 6.12M | 6.27M | 1.03M | 1.22M | 1.41M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 140K | 63K | 62K | 59K | 58K | 56K | 64K | 90K | 80K | 106K | 267K | 355K | 143K | 76K | 96K | 225K | 519K | 752K | 1.46M | 1.72M |
| Total Liabilities | 14.44M | 12.73M | 14.05M | 14.26M | 16.5M | 14.41M | 14.86M | 16.2M | 15.25M | 18.63M | 19.96M | 19.68M | 14.37M | 16.19M | 19.09M | 17.48M | 21.98M | 9.5M | 9.07M | 15.31M |
| Total Debt | 4.07M | 5.21M | 4.55M | 5.62M | 5.81M | 5.99M | 6.17M | 6.34M | 6.51M | 6.58M | 6.17M | 6.07M | 5.9M | 5.98M | 6.05M | 6.12M | 7.32M | 1.03M | 1.95M | 7.21M |
| Net Debt | -4.75M | -4.61M | -4.55M | -4.49M | -3.09M | -6.37M | -19.39M | -24.25M | -29.9M | -14.88M | -26.16M | -20.76M | -26.4M | -27.62M | -34.3M | -40.93M | 4.09M | -12.76M | -23.21M | -14.15M |
| Debt / Equity | 0.12x | 0.13x | 0.11x | 0.12x | 0.12x | 0.10x | 0.09x | 0.08x | 0.08x | 0.11x | 0.09x | 0.08x | 0.07x | 0.06x | 0.06x | 0.05x | 0.10x | 0.02x | 0.03x | 0.11x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -24.53x | - | - | - | -76.33x | - | - | -15.14x | - | - | - |
| Total Equity | 34.07M | 40.23M | 41.39M | 46.48M | 50.02M | 61.36M | 70.16M | 77.17M | 84.47M | 61.93M | 68.88M | 78.64M | 86.66M | 97.59M | 100.83M | 115.28M | 71.52M | 55.38M | 62.88M | 65.24M |
| Equity Growth % | -31.89% | -34.44% | -41.01% | -39.76% | -40.79% | -0.92% | 1.85% | -1.87% | -2.52% | -36.54% | -31.68% | -31.78% | 21.16% | 76.22% | 60.34% | 76.69% | -6.86% | -33.94% | -9.09% | 75.02% |
| Book Value per Share | 1.55 | 1.84 | 1.91 | 2.15 | 2.32 | 2.86 | 3.27 | 3.61 | 4.07 | 3.04 | 3.41 | 3.90 | 4.31 | 4.90 | 5.11 | 5.90 | 4.12 | 3.34 | 3.81 | 3.97 |
| Total Shareholders' Equity | 34.07M | 40.23M | 41.39M | 46.48M | 50.02M | 61.36M | 70.16M | 77.17M | 84.47M | 61.93M | 68.88M | 78.64M | 86.66M | 97.59M | 100.83M | 115.28M | 71.52M | 55.38M | 62.88M | 65.24M |
| Common Stock | 22K | 22K | 22K | 22K | 22K | 21K | 21K | 21K | 21K | 20K | 20K | 20K | 20K | 20K | 20K | 20K | 18K | 17K | 17K | 17K |
| Retained Earnings | -390.05M | -383.09M | -378.88M | -370.73M | -362.51M | -350.78M | -342.13M | -331.38M | -322.11M | -311.77M | -301.19M | -290.47M | -279.85M | -265.81M | -253.36M | -238.43M | -223.79M | -206.01M | -197.77M | -194.9M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.74M | -1.42M | -1.4M | -946K | -2.31M | -2.98M | -1.26M | -2.86M | -2.97M | -2.56M | -3.84M | -2.85M | -3.49M | -4.36M | -6.94M | -3.87M | -1.12M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |