Company: ACTG
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000934549-25-000004
Chunk: 16

Company: ACACIA RESEARCH CORP
Filing Date: 2025-03-17
Form: 10-K
Item: Item 8
Chunk 16
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ity securities investments:Change in fair value of equity securities(31,412)31,423 Gain (loss) on sale of equity securities28,861 (10,930)Earnings on equity investment in joint venture— 4,167 Net realized and unrealized (loss) gain(2,551)24,660 Non-recurring legacy legal expense(14,857)— Change in fair value of the Series B warrants and embedded derivatives— 8,241 Gain on derivatives - energy operations2,016 1,177 (Loss) gain on foreign currency exchange(370)53 Interest expense(6,439)(2,063)Interest income and other, net16,980 14,422 Total other (expense) income(5,221)46,490 (Loss) income before income taxes(38,147)67,426 Income tax benefit3,449 1,504 Net (loss) income including noncontrolling interests in subsidiaries(34,698)68,930 Net income attributable to noncontrolling interests in subsidiaries(1,359)(1,870)Net (loss) income attributable to Acacia Research Corporation$(36,057)$67,060 (Loss) income per share:Net (loss) income attributable to common stockholders - Basic$(36,057)$55,140 Weighted average number of shares outstanding - Basic99,213,835 75,296,025 Basic net (loss) income per common share$(0.36)$0.73 Net (loss) income attributable to common stockholders - Diluted$(36,057)$53,208 Weighted average number of shares outstanding - Diluted99,213,835 92,411,818 Diluted net (loss) income per common share$(0.36)$0.58 Other comprehensive (loss) income:Foreign currency translation$(1,180)$— Total other comprehensive loss, net(1,180)— Total comprehensive (loss) income(35,878)68,930 Comprehensive income attributable to noncontrolling interests(1,359)(1,870)Comprehensive (loss) income attributable to Acacia Research Corporation$(37,237)$67,060 

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

F-4

ACACIA RESEARCH CORPORATION

CONSOLIDATED STATEMENTS OF SERIES A REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCK