Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 200

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 200
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 period and the mix of specific patent portfolios, with varying economic terms and conditions, generating revenues each period.

Litigation and licensing expenses include patent-related litigation, enforcement and prosecution costs incurred by law firms and external patent attorneys engaged on either an hourly basis or a contingent fee basis. Litigation and licensing expenses also includes third-party patent research, development, patent prosecution and maintenance fees, re-exam and inter partes reviews, consulting and other costs incurred in connection with the licensing and enforcement of patent portfolios. 

Industrial Operations

Revenues

Printronix's net revenues for the periods presented included the following:

Three Months EndedJune 30,Six Months EndedJune 30,20252024$ Change% Change20252024$ Change% Change(In thousands, except percentage change value)Printers and parts$2,193 $1,884 $309 16%$5,090 $4,949 $141 3%Consumable products3,602 3,567 35 1%7,608 8,580 (972)(11%)Services795 884 (89)(10%)1,568 1,647 (79)(5%)Total$6,590 $6,335 $255 4%$14,266 $15,176 $(910)(6%)

For the periods presented above, the majority of the contract agreements executed in the relevant period include various combinations of tangible products (which include printers, consumables and parts) and services. Revenue from printers and parts increased for the three and six months ended June 30, 2025, as compared to the respective 2024 periods, due to a increase in the number of printer units sold. Consumable products increased slightly for the three months ended June 30, 2025 and decreased for the six months ended June 30, 2025, when compared to the prior year periods due to fluctuations of sales of consumable products. Refer to Note 2 to the consolidated financial statements elsewhere herein for additional information regarding Printronix’s revenue arrangements and related concentrations. 

Cost of Revenues

Three Months EndedJune 30,Six Months EndedJune 30,20252024$ Change% Change20252024$ Change% Change(In thousands, except percentage change values)Cost of revenues - industrial operations$3,406 $3,277 $129 4%$7,470 $7,326 $144 2%

Printronix’s cost