Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 81

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 81
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 thousands, except percentage change value)Printers and parts$2,193 $1,884 $309 16%$5,090 $4,949 $141 3%Consumable products3,602 3,567 35 1%7,608 8,580 (972)(11%)Services795 884 (89)(10%)1,568 1,647 (79)(5%)Total$6,590 $6,335 $255 4%$14,266 $15,176 $(910)(6%)

For the periods presented above, the majority of the contract agreements executed in the relevant period include various combinations of tangible products (which include printers, consumables and parts) and services. Revenue from printers and parts increased for the three and six months ended June 30, 2025, as compared to the respective 2024 periods, due to a increase in the number of printer units sold. Consumable products increased slightly for the three months ended June 30, 2025 and decreased for the six months ended June 30, 2025, when compared to the prior year periods due to fluctuations of sales of consumable products. Refer to Note 2 to the consolidated financial statements elsewhere herein for additional information regarding Printronix’s revenue arrangements and related concentrations. 

Cost of Revenues

Three Months EndedJune 30,Six Months EndedJune 30,20252024$ Change% Change20252024$ Change% Change(In thousands, except percentage change values)Cost of revenues - industrial operations$3,406 $3,277 $129 4%$7,470 $7,326 $144 2%

Printronix’s cost of revenues remained relatively flat for the periods presented.  Refer to Note 2 to the consolidated financial statements elsewhere herein for additional information regarding Printronix’s cost of sales.

55

Energy Operations

Revenues

The following table provides the components of Benchmark’s revenues for the periods indicated, as well as each period’s respective average realized prices and production volumes. This table shows production on a barrel of oil equivalent basis in which natural gas is converted to oil at the ratio of 6 thousand cubic feet (“Mcf”) of natural gas to one barrel of oil. This ratio may not be reflective of the current price ratio between two products.

Three Months Ended June 30,Six Months EndedJune 30,20252024$ Change% Change