Company: ACTG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000934549-25-000021
Chunk: 21

Company: ACACIA RESEARCH CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 gain(3,172)2,160 Non-recurring legacy legal expense— (6,243)Loss on derivatives - energy operations(5,021)171 Gain (loss) on foreign currency exchange155 (68)Interest expense(2,451)(326)Interest income and other, net1,793 5,095 Total other (expense) income(8,696)789 Income (loss) before income taxes29,609 (1,298)Income tax (expense) benefit(6,081)1,109 Net income (loss) including noncontrolling interests in subsidiaries23,528 (189)Net loss attributable to noncontrolling interests in subsidiaries759 3 Net income (loss) attributable to Acacia Research Corporation$24,287 $(186)Income (loss) per share:Net income (loss) attributable to common stockholders - Basic$24,287 $(186)Weighted average number of shares outstanding - Basic96,018,047 99,745,905 Basic net income per common share$0.25 $— Net income (loss) attributable to common stockholders - Diluted$24,287 $(186)Weighted average number of shares outstanding - Diluted96,981,413 99,745,905 Diluted net income per common share$0.25 $— Other comprehensive income (loss):Foreign currency translation$662 $— Total other comprehensive income, net662 — Total comprehensive income (loss)24,190 (189)Comprehensive loss attributable to noncontrolling interests759 3 Comprehensive income (loss) attributable to Acacia Research Corporation$24,949 $(186)

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

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ACACIA RESEARCH CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(In thousands, except share data)

Three Months Ended March 31, 2025Common StockTreasury StockAdditionalPaid-in CapitalAccumulated DeficitAccumulated Other Comprehensive LossNoncontrollingInterests inOperating SubsidiariesTotalStockholders' EquitySharesAmountBalance at December 31, 202496,048,999 $96 $(118,542)$910,237 $(275,786)$(1,180)$37,794 $552