Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 7

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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4,000 71,475 Paydown of Benchmark revolving credit facility(12,000)(12,000)Paydown of Deflecto facility(12,100)— Taxes paid related to net share settlement of share-based awards(670)(1,068)Proceeds from exercise of stock options30 223 Net cash (used in) provided by financing activities(20,740)66,577 Effect of exchange rates on cash and cash equivalents1,247 65 Increase in cash and cash equivalents27,900 19,959 Cash and cash equivalents, beginning273,880 340,091 Cash and cash equivalents, ending$301,780 $360,050 Supplemental schedule of cash flow information:Noncash investing and financing activities:Patent acquisition of prepaid option 15,000 — 

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

7

ACACIA RESEARCH CORPORATION

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1. DESCRIPTION OF BUSINESS 

Acacia Research Corporation (the “Company,” “Acacia,” “we,” “us,” or “our”) is a disciplined value-oriented acquirer and operator of businesses across public and private markets and industries including but not limited to the industrial, energy and technology sectors. We acquire businesses with a view towards strong free cash flow generation and with an ability to scale where we can tap into our deep industry relationships, significant capital base, and transaction expertise to materially improve performance. We are focused on sourcing, execution, and improvement. We find unique situations and bring a flexible and creative approach to transacting, combining relationships and expertise to drive continual improvement in operating performance. We approach transactions as business owners and operators, rather than purely as financial investors. We believe this differentiates us in creating long-term value for shareholders and partners. We define value through free cash flow generation, book value appreciation, and stock price growth. These are the pillars of the Acacia story.Acacia creates value by building relationships and providing transaction expertise to create acquisition opportunities where we can meaningfully improve performance. We focus on identifying, pursuing, and acquiring businesses where we are uniquely positioned to deploy our differentiated strategy, people and processes to generate and compound shareholder value. We have a wide range of transactional and operational capabilities to realize the intrinsic value of the businesses that we acquire. Our ideal transactions include the acquisition of public or private companies, the acquisition of divisions of other