Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 60

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 60
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,176 Oil sales— — 8,743 — 8,743 Natural gas sales— — 2,721 — 2,721 Natural gas liquids sales— — 4,562 — 4,562 Total revenues18,956 15,176 16,026 — 50,158 Cost of revenues:Cost of sales - intellectual property operations12,766 — — — 12,766 Cost of sales - industrial operations— 7,326 — — 7,326 Cost of sales - manufacturing operations— — — — — Cost of production— — 11,353 — 11,353 Total cost of revenues12,766 7,326 11,353 — 31,445 Segment gross (loss) profit6,190 7,850 4,673 — 18,713 Other operating expenses:General and administrative expenses and sales and engineering expenses5,161 6,872 1,268 — 13,301 Total other operating expenses5,161 6,872 1,268 — 13,301 Segment operating (loss) income$1,029 $978 $3,405 $— 5,412 Parent general and administrative expenses12,257 Operating income (loss)(6,845)Total other income (expense)(10,343)Income (loss) before income taxes$(17,188)

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

June 30, 2025December 31, 2024(In thousands)Total parent assets$137,240 $150,033 Segment total assets:Intellectual property operations249,188 213,854 Industrial operations49,293 48,438 Energy operations204,647 209,355 Manufacturing operations135,178 134,714 Total assets$775,546 $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 

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through its Printronix and Deflecto