Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 53

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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 shares of common stock. The plan administrator may amend or modify the 2024 Plan at any time, subject to any required stockholder approval. As of June 30, 2025, there are 15,674,267 shares of common stock reserved for issuance under the Plans.The following table summarizes stock option activity for the Plans:OptionsWeighted Average Exercise PriceAggregate Intrinsic ValueWeightedAverageRemaining Contractual Life(In thousands)Outstanding at December 31, 20241,001,520 $4.16 $437 7.3 yearsGranted— $— $— Exercised(8,333)$3.58 $2,704 Forfeited/Expired— $— $— Outstanding at June 30, 2025993,187 $4.16 $— 6.8 yearsExercisable at June 30, 2025834,208 $4.19 $— 6.8 yearsVested and expected to vest at June 30, 2025993,187 $4.16 $— 6.8 yearsUnrecognized stock-based compensation expense at June 30, 2025 (in thousands)$142 Weighted average remaining vesting period at June 30, 20250.7 yearsDuring the three and six months ended June 30, 2025, there were no stock options granted. The aggregate fair value of options vested during the six months ended June 30, 2025 and 2024 was $420,000 and $521,000, respectively.The following table summarizes nonvested restricted stock activity for the Plans:RSAsRSUsPSUsSharesWeighted Average Grant Date Fair ValueUnitsWeighted Average Grant Date Fair ValueUnitsWeighted Average Grant Date Fair ValueNonvested at December 31, 202467,668 $3.63 833,195 $4.42 1,981,464 $4.61 Granted40,777 $3.68 193,032 $3.73 — $— Vested(108,445)$3.65 (521,041)$4.46 — $— Forfeited— $— — $— — $— Nonvested at June 30, 2025— $— 505,186 $4.11 1,981,464