Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 57

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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, crafts and education products, (iii) plastic and aluminum air venting and air control products, (iv) extruded vinyl chair mats, (v) safety reflectors for bicycles and (vi) mud flaps and splash guards for the heavy duty truck market. The Manufacturing Operations reporting segment did not exist prior to the acquisition of Deflecto in October 2024. In addition to the reportable segments above, we have a Parent category that includes activities not directly attributable to a specific reportable segment and includes broad corporate functions, including legal, human resources, accounting, analytics, finance as well as other general business costs.We regularly provide management reports to the CODM that include segment revenue and segment operating income (loss). The significant segment expense reports regularly provided to the CODM include cost of revenue and operating expenses. There were no significant inter-segment transactions during the six months ended June 30, 2025 and 2024.

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The Company’s reportable segment information is as follows:Three Months Ended June 30, 2025Intellectual Property OperationsIndustrial OperationsEnergy OperationsManufacturing OperationsTotal(In thousands)Revenues:License fees$329 $— $— $— $329 Revenues - industrial operations— 6,590 — — 6,590 Oil sales— — 6,918 — 6,918 Natural gas sales— — 4,034 — 4,034 Natural gas liquids sales— — 3,907 — 3,907 Other service sales— — 458 — 458 Air distribution— — — 9,602 9,602 Safety products— — — 11,005 11,005 Office products— — — 8,394 8,394 Total revenues329 6,590 15,317 29,001 51,237 Cost of revenues:Cost of sales - intellectual property operations6,558 — — — 6,558 Cost of sales - industrial operations— 3,406 — — 3,406 Cost of sales - manufacturing operations— — — 22,422 22,422 Cost of production— — 12,309 — 12,309 Total cost of revenues6,558 3,406 12,309 22,422 44,695 Segment gross (loss) profit(