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Segment Information
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Information

(5) Segment Information

Geographic Information

The Company derives its revenue from a single reporting segment: media management solutions. Revenue is generated in this segment through licensing of intellectual property, subscriptions to various products and services, and the delivery of services pursuant to contracts with various customers. The Company markets its products in the U.S. and in non-U.S. countries through its sales and licensing personnel.

 

Revenue, based upon the “bill-to” location, by geographic area is as follows:

 

     Year Ended
December 31, 2013
     Year Ended
December 31, 2012
     Year Ended
December 31, 2011
 

Domestic

   $ 18,857       $ 30,736       $ 22,660   

International (1)

     16,107         13,639         13,379   
  

 

 

    

 

 

    

 

 

 

Total

   $ 34,964       $ 44,375       $ 36,039   
  

 

 

    

 

 

    

 

 

 

 

(1) Revenue from the Central Banks, consisting of a consortium of central banks around the world, is classified as international revenue. Reporting revenue by country for this customer is not practicable.

Major Customers

Customers who accounted for more than 10% of the Company’s revenue are as follows:

 

     Year Ended
December 31, 2013
    Year Ended
December 31, 2012
    Year Ended
December 31, 2011
 

Central Banks

     33     23     27

IV

     22     30     33

The Nielsen Company (“Nielsen”)

     11     *        11

Verance Corporation (“Verance”)

     *        27     *   

 

* Less than 10%

On May 15, 2013, IV made the last quarterly payment of the license fee related to the patent license agreement dated October 5, 2010. No profit sharing under the patent license agreement has been earned to date.

On January 30, 2012, the Company and Verance, a longtime cash-basis customer, settled all disputes regarding breach of contract and patent infringement claims. In connection with the resolution of these matters, Verance paid the Company $8,852 for amounts due to Digimarc through December 31, 2011 and all claims between the parties were dismissed. Revenue from this payment was recorded in the quarter ended March 31, 2012.