Company: ACTG
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000934549-25-000021
Chunk: 73

Company: ACACIA RESEARCH CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 fees$69,905 $— $— $— $69,905 Revenues - industrial operations— 7,676 — — 7,676 Oil sales— — 7,948 — 7,948 Natural gas sales— — 5,340 — 5,340 Natural gas liquids sales— — 4,665 — 4,665 Other service sales— — 353 — 353 Air distribution— — — 9,856 9,856 Safety products— — — 10,128 10,128 Office products— — — 8,551 8,551 Total revenues69,905 7,676 18,306 28,535 124,422 Cost of revenues:Cost of sales - intellectual property operations27,912 — — — 27,912 Cost of sales - industrial operations— 4,064 — — 4,064 Cost of sales - manufacturing operations— — — 20,811 20,811 Cost of production— — 12,698 — 12,698 Total cost of revenues27,912 4,064 12,698 20,811 65,485 Segment gross (loss) profit41,993 3,612 5,608 7,724 58,937 Other operating expenses:General and administrative expenses and sales and engineering expenses3,485 3,310 1,607 7,453 15,855 Total other operating expenses3,485 3,310 1,607 7,453 15,855 Segment operating income (loss)$38,508 $302 $4,001 $271 43,082 Parent general and administrative expenses$4,777 Operating income (loss)$38,305 Total other (expense) income$(8,696)Income (loss) before income taxes$29,609 

38

Three Months Ended March 31, 2024Intellectual Property OperationsIndustrial OperationsEnergy OperationsManufacturing OperationsTotal(In thousands)Revenues:License fees$13,623 $— $— $— $13,623 Revenues - industrial operations— 8,841 — — 8,841 Oil sales— — 661 — 661