 SEATTLE, May 12, 2021 PRNewswire -- RealNetworks, Inc. Nasdaq: RNWK, a leader in AI-powered digital media software and solutions, today announced its financial results for the first quarter ended March 31, 2021. Revenue of 15.9 million, driven by growth in AI-businesses offset by declines in some of the Companys foundation businesses 160 year-over-year revenue growth for SAFRTM driven by successes in the U.S. Federal market and in global commercial applications Net loss of 10.6 million; adjusted EBITDA loss of 3.0 million marking the seventh consecutive quarter of year-over-year improvement; adjusted EBITDA of 2.4 million excluding Scener Completed public offering of common stock for approximately 20.3 million in net proceeds on April 29, 2021 Management Commentary 2021 got off to a strong start at Real, said Rob Glaser, Founder, Chairman, and Chief Executive Officer of RealNetworks. 