Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 144

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 144
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 the third anniversary of the grant date subject to continued employment through such date. The Company has expensed $3.1 million related to the PSUs based on the probability assessment performed as of September 30, 2025.Compensation expense for share-based awards recognized in general and administrative expenses was comprised of the following:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024(In thousands)Options$51 $114 $199 $366 RSAs50 62 245 304 RSUs523 605 1,616 1,860 PSUs1,251 — 1,691 — Total compensation expense for share-based awards$1,875 $781 $3,751 $2,530 Total unrecognized stock-based compensation expense for time-based awards as of September 30, 2025 was $2.2 million, which will be amortized over a weighted average remaining vesting period of 0.6 years.

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18. INCOME (LOSS) PER SHARE

The following table presents the calculation of basic and diluted income/loss per share of common stock:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024(In thousands, except share and per share data)Numerator:Net (loss) income attributable to common stockholders - Basic(2,730)(13,996)18,264 (22,628)Net (loss) income attributable to common stockholders - Diluted$(2,730)$(13,996)$18,264 $(22,628)Denominator:Weighted average shares used in computing net (loss)   income per share attributable to common stockholders - Basic96,445,160 99,854,723 96,237,282 99,893,336 Potentially dilutive common shares:Employee stock options, restricted stock units and performance stock units— — 801,132 — Weighted average shares used in computing net (loss) income   per share attributable to common stockholders - Diluted96,445,160 99,854,723 97,038,414 99,893,336 Basic net (loss) income per common share$(0.03)$(0.14)$0.19 $(0.23)Diluted net (loss) income per common share$(0.03)$(0.14)$0.