Digimarc Corporation reported a 28% increase in revenue for the fourth quarter of 2021 to $7.1 million, driven by higher subscription and service revenue. However, the operating loss also increased by 5% to $8.2 million due to higher operating expenses. Net loss for the quarter was $8.2 million, or $(0.50) per common share, compared to a net loss of $7.8 million, or $(1.27) per common share, in the fourth quarter of 2020.
Revenue increased 28% to $7.1 million compared to Q4 2020.
Operating expenses increased 13% to $13.2 million compared to Q4 2020.
Operating loss increased 5% to $8.2 million compared to Q4 2020.
Net loss increased 5% to $8.2 million, or $(0.50) loss per common share compared to Q4 2020.
No forward guidance provided in this report.
Visualization of income flow from segment revenue to net income