Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 58

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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 and includes broad corporate functions, including legal, human resources, accounting, analytics, finance as well as other general business costs.We regularly provide management reports to the CODM that include segment revenue and segment operating income (loss). The significant segment expense reports regularly provided to the CODM include cost of revenue and operating expenses. There were no significant inter-segment transactions during the nine months ended September 30, 2025 and 2024.

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The Company’s reportable segment information is as follows:Three Months Ended September 30,20252024Intellectual Property OperationsIndustrial OperationsEnergy OperationsManufactur-ing OperationsTotalIntellectual Property OperationsIndustrial OperationsEnergy OperationsTotal(In thousands)Revenues:License fees$7,795 $— $— $— $7,795 $486 $— $— $486 Revenues - industrial operations— 6,660 — — 6,660 — 7,007 — 7,007 Oil sales— — 6,614 — 6,614 — — 8,997 8,997 Natural gas sales— — 3,738 — 3,738 — — 2,829 2,829 Natural gas liquids sales— — 3,207 — 3,207 — — 3,837 3,837 Other service sales— — 617 — 617 — — 154 154 Air distribution— — — 10,226 10,226 — — — — Transportation safety— — — 11,287 11,287 — — — — Office products— — — 9,302 9,302 — — — — Total revenues7,795 6,660 14,176 30,815 59,446 486 7,007 15,817 23,310 Cost of revenues:Cost of sales - intellectual property operations8,301 — — — 8,301 5,707 — — 5,707 Cost of sales - industrial operations— 3,376 — — 3,376 — 3,523 — 3,523 Cost of sales - manufacturing operations— — — 23,285 23,285 — —