Digimarc Corp (NASDAQ:DMRC) Q4 2022 Earnings Conference Call March 1, 2023 5:00 PM ET
Company Participants
Joel Meyer - EVP, Chief Legal Officer, Compliance Officer & Corporate Secretary
Riley McCormack - CEO, President & Director
Charles Beck - EVP, CFO & Treasurer
Conference Call Participants
James Ricchiuti - Needham & Company
Operator
Greetings, and welcome to the Digimarc Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host. Joel Meyer, Chief Legal Officer. Thank you, Joel. You may begin.
Joel Meyer
Thank you. Welcome to our Q4 conference call. Riley McCormack, our CEO; and Charles Beck, our CFO, are with me on the call. On the call today, we will provide a business update and discuss Q4 and fiscal 2022 financial results. This will be followed by a question-and-answer forum. We have posted our prepared remarks in the Investor Relations section of our website and will archive this webcast there.
Before we begin, let me remind everyone that today's discussion contains forward-looking statements that have risks and uncertainties. Please refer to our press release for more information on the specific risk factors that could cause actual results to differ materially. Riley will now provide a business update.
Riley McCormack
Thank you, Joel, and good afternoon, everyone. 2022 is a transformative year for our company. In a bit, Charles will review the financial highlights for the year. I want to spend time on the strategic highlights and how they position us in 2023 and beyond.
As you all know, we generate revenue through 2 primary markets: government and commercial. On the government side, we re-signed our contract with the consortium of the World Central banks 2 years before expiry, extending it out through the end of the decade. We take great pride in our work to deter global currency counterfeiting and are excited to continue our work with our long-standing and deeply valued customers, the central banks.
Moreover, this program is a wonderful testament to the power of our technology, our scalability and our trustworthiness as a partner, not to mention our ability to build and support a massive mission-critical, multinational and multi-stakeholder system, similar to what we are doing in recycling. On the commercial side, we closed on our acquisition of Everything, launched our first products, announced our first major value-added reseller or VAR, repeatedly and publicly proved our ability to make a real impact on the global plastic problem and signed a multiyear deal with Walmart for an exciting new use case, further strengthening our relationship with the world's largest retailer.