Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 203

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 203
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16,945 — 16,945 n/aTotal$29,001 $— $29,001 n/a$57,536 $— $57,536 n/a

Cost of Revenues

Manufacturing Operation’s cost of revenues was $22.4 million and $43.2 million, respectively for the three and six months ended June 30, 2025 with no comparable prior year period information as the Deflecto Transaction closed in October 2024. Refer to Note 2 to the consolidated financial statements elsewhere herein for additional information regarding Manufacturing Operation’s cost of revenues.

Operating Expenses

Three Months EndedJune 30,Six Months EndedJune 30,20252024$ Change% Change20252024$ Change% Change(In thousands, except percentage change values)Sales and marketing expenses - industrial operations$1,244 $1,387 $(143)(10%)$2,809 $2,942 $(133)(5%)Sales and marketing expenses - manufacturing operations2,137 — 2,137 n/a3,884 — 3,884 n/aGeneral and administrative costs - intellectual property operations1,384 1,821 (437)(24%)4,869 5,161 (292)(6%)General and administrative costs - industrial operations1,868 1,905 (37)(2%)3,611 3,930 (319)(8%)General and administrative costs - energy operations915 883 32 4%2,522 1,268 1,254 99%General and administrative costs - manufacturing operations5,066 — 5,066 n/a10,774 — 10,774 n/aParent general and administrative expenses6,313 5,520 793 14%11,090 12,257 (1,167)(10%)Total general and administrative expenses15,546 10,129 5,417 53%32,866 22,616 10,250 45%Total$18,927 $11,516 $7,411 64%$39,559 $25,558 $14,001 55%

The operating expenses table above includes the Company’s general and administrative and sales and marketing expenses by operation. The table also includes Manufacturing Operations sales and marketing expenses and general and administrative costs for the three and six months ended June 30, 2025, with