Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 209

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 209
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 cash and cash equivalents for the periods presented was comprised of the following:

Six Months Ended June 30,20252024(In thousands)Net cash (used in) provided by:Operating activities$52,545 $70,977 Investing activities(451)(109,833)Financing activities(10,340)85,880 Effect of exchange rates on cash and cash equivalents1,087 (127)Increase in cash and cash equivalents$42,841 $46,897 

Cash Flows from Operating Activities

Cash flows from operating activities were comprised of the following for the periods presented:

Six Months Ended June 30,20252024(In thousands)Net income (loss) including noncontrolling interests in subsidiaries$22,091 $(9,018)Adjustments to reconcile net loss including noncontrolling interests in   subsidiaries to net cash provided by operating activities:Depreciation, depletion and amortization22,055 11,973 Amortization of debt discount and issuance costs95 — Accretion of asset retirement obligation867 254 Compensation expense for share-based awards1,876 1,749 (Gain) loss on foreign currency exchange(435)202 Change in fair value of equity securities2,558 31,445 Gain on sale of equity securities(3,512)(28,861)Unrealized (gain) loss on derivatives(789)3,401 Deferred income taxes3,646 (10,939)Changes in assets and liabilities:Accounts receivable3,501 61,727 Inventories1,760 (1,368)Prepaid expenses and other assets(4,114)(3,949)Accounts payable and accrued expenses2,551 20,437 Royalties and contingent legal fees payable231 (5,917)Deferred revenue164 (159)Net cash provided by operating activities$52,545 $70,977 

61

Cash receipts from ARG’s licensees totaled $70.3 million and $87.4 million for the six months ended June 30, 2025 and 2024, respectively. Cash receipts from Printronix’s customers totaled $15.7 million and $16.3 million for the six months ended June 30, 2025 and 2024, respectively. Cash receipts from Benchmark’s customers totaled $54.5 million and $15.3 million for the six months ended June