Company: ACTG
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000934549-25-000042
Chunk: 6

Company: ACACIA RESEARCH CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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Change in ownership percentage in   subsidiary— — — 158 — (158)— Stock options exercised61,667 — — 223 — — 223 Issuance of common stock for   vesting of restricted stock units643,182 — — — — — — Issuance of common stock for   unvested restricted stock awards,   net of forfeitures(2,802)— — — — — — Shares withheld related to net   share settlement of   share-based awards(222,061)— — (1,068)— — (1,068)Compensation expense for   share-based awards— — — 1,749 — — 1,749 Balance at June 30, 2024100,375,459 $100 $(98,258)$907,215 $(248,361)$36,049 $596,745 

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

6

ACACIA RESEARCH CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Six Months Ended June 30,20252024Cash flows from operating activities:Net income (loss) including noncontrolling interests in subsidiaries$22,091 $(9,018)Adjustments to reconcile net income (loss) including noncontrolling interests in subsidiaries to net cash provided by   operating activities:Depreciation, depletion and amortization22,055 11,973 Amortization of debt discount and issuance costs95 — Accretion of asset retirement obligation867 254 Compensation expense for share-based awards1,876 1,749 (Gain) loss on foreign currency exchange(435)202 Change in fair value of equity securities2,558 31,445 Gain on sale of equity securities(3,512)(28,861)Unrealized (gain) loss on derivatives(789)3,401 Deferred income taxes3,646 (10,939)Changes in assets and liabilities:Accounts receivable3,501 61,727 Inventories1,760 (1,368)Prepaid expenses and other assets(4,114)(3,949)Accounts payable and accrued expenses2,551 20,437