Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 1

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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,000 shares authorized; no shares issued or outstanding— — Common stock, par value $0.001 per share; 300,000,000 shares authorized; 96,460,378 and 96,048,999 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively96 96 Treasury stock, at cost, 20,542,064 shares as of  September 30, 2025 and December 31, 2024, respectively(118,542)(118,542)Accumulated other comprehensive income (loss)231 (1,180)Additional paid-in capital913,348 910,237 Accumulated deficit(257,522)(275,786)Total Acacia Research Corporation stockholders' equity537,611 514,825 Noncontrolling interests39,227 37,794 Total stockholders' equity576,838 552,619 Total liabilities and stockholders' equity$768,871 $756,394 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

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Table of Contents

ACACIA RESEARCH CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(In thousands, except share and per share data)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Revenues:Intellectual property operations$7,795 $486 $78,029 $19,442 Industrial operations6,660 7,007 20,926 22,183 Energy operations14,176 15,817 47,799 31,843 Manufacturing operations30,815 — 88,351 — Total revenues59,446 23,310 235,105 73,468 Costs and expenses:Cost of revenues - intellectual property operations8,301 5,707 42,771 18,473 Cost of revenues - industrial operations3,376 3,523 10,846 10,849 Cost of production - energy operations11,880 11,729 36,887 23,082 Cost of revenues - manufacturing operations23,285 — 66,518 — Sales and marketing expenses - industrial and manufacturing operations3,080 1,391 9,773 4,