Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 1

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 outstanding— — Common stock, par value $0.001 per share; 300,000,000 shares authorized; 96,444,993 and 96,048,999 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively96 96 Treasury stock, at cost, 20,542,064 as of June 30, 2025 and December 31, 2024, respectively(118,542)(118,542)Accumulated other comprehensive income (loss)345 (1,180)Additional paid-in capital911,473 910,237 Accumulated deficit(254,792)(275,786)Total Acacia Research Corporation stockholders' equity538,580 514,825 Noncontrolling interests38,891 37,794 Total stockholders' equity577,471 552,619 Total liabilities and stockholders' equity$775,546 $756,394 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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Table of Contents

ACACIA RESEARCH CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(In thousands, except share and per share data)

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Revenues:Intellectual property operations$329 $5,333 $70,234 $18,956 Industrial operations6,590 6,335 14,266 15,176 Energy operations15,317 14,170 33,623 16,026 Manufacturing operations29,001 — 57,536 — Total revenues51,237 25,838 175,659 50,158 Costs and expenses:Cost of revenues - intellectual property operations6,558 5,765 34,470 12,766 Cost of revenues - industrial operations3,406 3,277 7,470 7,326 Cost of production - energy operations12,309 10,038 25,007 11,353 Cost of revenues - manufacturing operations22,422 — 43,233 — Sales and marketing expenses - industrial and manufacturing operations3,381 1,387 6,693 2,942 General and administrative expenses15,546 10