Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 90

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 90
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 Note 11 to the accompanying consolidated financial statements for additional information.

60

Cash Flows Summary 

The net change in cash and cash equivalents for the periods presented was comprised of the following:

Nine Months Ended September 30,20252024(In thousands)Net cash (used in) provided by:Operating activities$62,092 $70,384 Investing activities(14,699)(117,067)Financing activities(20,740)66,577 Effect of exchange rates on cash and cash equivalents1,247 65 Increase in cash and cash equivalents$27,900 $19,959 

Cash Flows from Operating Activities

Cash flows from operating activities were comprised of the following for the periods presented:

Nine Months Ended September 30,20252024(In thousands)Net income (loss) including noncontrolling interests in subsidiaries$19,697 $(20,675)Adjustments to reconcile net income (loss) including noncontrolling interests in   subsidiaries to net cash (used in) provided by operating activities:Depreciation, depletion and amortization32,891 21,735 Accretion of asset retirement obligation1,299 620 Compensation expense for share-based awards3,751 2,530 (Gain) loss on foreign currency exchange(405)72 Change in fair value of equity securities1,658 35,519 Gain on sale of equity securities(3,512)(28,861)Unrealized gain on derivatives(1,495)(3,918)Deferred income taxes3,609 (5,509)Changes in assets and liabilities:Accounts receivable(284)69,710 Inventories995 (1,297)Prepaid expenses and other assets(3,284)(3,373)Accounts payable and accrued expenses5,455 8,129 Royalties and contingent legal fees payable1,529 (4,593)Deferred revenue188 295 Net cash provided by operating activities$62,092 $70,384 

Cash receipts from ARG’s licensees totaled $75.8 million and $90.9 million for the nine months ended September 30, 2025 and 2024, respectively. Cash receipts from Printronix’s customers totaled $21.9 million and $23.8 million for the nine months ended September 30, 2025 and 2024, respectively. Cash receipts from Benchmark’s customers totaled $