Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 149

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 149
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— — 36,887 — 36,887 — — 23,082 23,082 Total cost of revenues42,771 10,846 36,887 66,518 157,022 18,473 10,849 23,082 52,404 Segment gross profit35,258 10,080 10,912 21,833 78,083 969 11,334 8,761 21,064 Other operating expenses:General and administrative expenses and sales and marketing expenses6,783 9,416 3,684 21,062 40,945 7,078 10,457 2,292 19,827 Segment operating income (loss)$28,475 $664 $7,228 $771 37,138 $(6,109)$877 $6,469 1,237 Parent general and administrative expenses17,644 18,354 Operating income (loss)19,494 (17,117)Total other expense (income)5,863 (6,231)Income (loss) before income taxes$25,357 $(23,348)

The Company’s reportable asset information by segment is as follows:

September 30, 2025December 31, 2024(In thousands)Total parent assets$126,544 $150,033 Segment total assets:Intellectual property operations250,813 213,854 Industrial operations50,876 48,438 Energy operations207,206 209,355 Manufacturing operations133,432 134,714 Total assets$768,871 $756,394 The Company’s revenues and long-lived tangible assets by geographic area are presented below. Intellectual Property Operations revenues are attributed to licensees domiciled in foreign jurisdictions. Printronix’s net sales to external customers are attributed to geographic areas based upon the final destination of products shipped. Deflecto’s net sales to external customers are attributed to geographic areas based upon the origin of products shipped. The Company, primarily through its Printronix and Deflecto subsidiaries, has identified three global regions for marketing its products and services: 

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Americas; Europe, Middle East and Africa; and Asia-Pacific. Assets are summarized based on the location of held assets. Benchmark’s sales are only attributed to the United States of America.

Three Months Ended September 30,20252024Intellectual