Acacia Research Corporation(NASDAQ:ACTG)
Acacia Research Corporation, together with its subsidiaries, intends to acquire undervalued businesses primarily in technology, life sciences, industrial, and financial services segments in the United States. The company also invests in intellectual property and related absolute return assets, as we...
Website: https://www.acaciaresearch.com/
Founded: 1993
Full Time Employees: 17
Sector: Industrials
Industry: Specialty Business Services
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intellectual property operations | 722,000 | 326,000 | 7,795,000 | 329,000 | 69,905,000 | 83,000 | 486,000 | 5,333,000 | 13,623,000 | 82,826,000 | 1,760,000 | 394,000 | 4,176,000 | 2,511,000 | 6,320,000 | 8,062,000 | 2,615,000 | ||||||||||||||||||||||||||||||||||||||||
industrial operations | 7,182,000 | 7,341,000 | 6,660,000 | 6,590,000 | 7,676,000 | 8,238,000 | 7,007,000 | 6,335,000 | 8,841,000 | 8,637,000 | 8,324,000 | 7,510,000 | 10,627,000 | 10,610,000 | 9,558,000 | 8,655,000 | 10,892,000 | ||||||||||||||||||||||||||||||||||||||||
energy operations | 18,669,000 | 16,019,000 | 14,176,000 | 15,317,000 | 18,306,000 | 17,340,000 | 15,817,000 | 14,170,000 | 1,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
manufacturing operations | 27,666,000 | 26,441,000 | 30,815,000 | 29,001,000 | 28,535,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 54,239,000 | 50,127,000 | 59,446,000 | 51,237,000 | 124,422,000 | 48,844,000 | 23,310,000 | 25,838,000 | 24,320,000 | 92,311,000 | 10,084,000 | 7,904,000 | 14,803,000 | 13,121,000 | 15,878,000 | 16,717,000 | 13,507,000 | ||||||||||||||||||||||||||||||||||||||||
yoy | -56.41% | 2.63% | 155.02% | 98.30% | 411.60% | -47.09% | 131.16% | 226.90% | 64.29% | 603.54% | -36.49% | -52.72% | 9.60% | ||||||||||||||||||||||||||||||||||||||||||||
qoq | 8.20% | -15.68% | 16.02% | -58.82% | 154.73% | 109.54% | -9.78% | 6.24% | -73.65% | 815.42% | 27.58% | -46.61% | 12.82% | -17.36% | -5.02% | 23.77% | |||||||||||||||||||||||||||||||||||||||||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenues - intellectual property operations | 4,833,000 | 7,242,000 | 8,301,000 | 6,558,000 | 27,912,000 | 6,078,000 | 5,707,000 | 5,765,000 | 7,001,000 | 18,946,000 | 5,470,000 | 5,010,000 | 4,738,000 | 3,549,000 | 5,282,000 | 4,634,000 | 4,564,000 | ||||||||||||||||||||||||||||||||||||||||
cost of revenues - industrial operations | 3,279,000 | 3,629,000 | 3,376,000 | 3,406,000 | 4,064,000 | 4,063,000 | 3,523,000 | 3,277,000 | 4,049,000 | 4,479,000 | 4,377,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cost of production - energy operations | 11,689,000 | 12,428,000 | 11,880,000 | 12,309,000 | 12,698,000 | 13,209,000 | 11,729,000 | 10,038,000 | 1,315,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenues - manufacturing operations | 22,383,000 | 20,431,000 | 23,285,000 | 22,422,000 | 20,811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing expenses - industrial and manufacturing operations | 3,119,000 | 3,181,000 | 3,080,000 | 3,381,000 | 3,312,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 17,293,000 | 16,301,000 | 15,950,000 | 15,546,000 | 17,320,000 | 21,935,000 | 11,124,000 | 9,951,000 | 12,353,000 | 8,356,000 | 13,872,000 | 9,426,000 | 12,040,000 | 15,867,000 | 15,038,000 | 10,722,000 | 11,053,000 | 12,652,000 | 10,345,000 | 6,503,000 | 6,166,000 | 6,387,000 | 7,692,000 | 5,519,000 | 4,878,000 | 4,201,000 | 4,670,000 | 3,810,000 | 3,695,000 | 2,284,000 | 6,089,000 | 7,098,000 | 3,379,000 | 6,734,000 | 6,916,000 | 8,334,000 | 7,535,000 | 7,994,000 | 7,401,000 | 9,442,000 | |||||||||||||||||
total costs and expenses | 62,596,000 | 63,212,000 | 65,872,000 | 63,622,000 | 86,117,000 | 64,653,000 | 33,582,000 | 30,596,000 | 26,407,000 | 34,102,000 | 25,504,000 | 20,433,000 | 24,127,000 | 27,670,000 | 27,243,000 | 22,387,000 | 22,015,000 | ||||||||||||||||||||||||||||||||||||||||
operating income | -8,357,000 | -13,085,000 | -6,426,000 | -12,385,000 | 38,305,000 | -15,809,000 | -10,272,000 | -4,758,000 | -2,087,000 | 58,209,000 | -15,420,000 | -12,529,000 | -9,324,000 | -14,549,000 | -11,365,000 | -5,670,000 | -8,508,000 | 31,299,000 | -12,722,000 | 1,644,000 | -5,676,000 | -6,419,000 | -2,782,000 | -6,748,000 | -3,569,000 | -7,307,000 | -5,145,000 | -4,021,000 | -6,945,000 | 11,018,000 | -4,963,000 | -39,836,000 | 8,970,000 | -7,924,000 | -11,576,000 | 16,290,000 | -34,942,000 | -9,702,000 | -113,176,000 | -26,836,000 | 1,000,000 | -13,610,000 | -15,240,000 | -12,633,000 | -8,231,000 | -26,051,000 | -31,760,000 | -35,336,000 | -22,930,000 | 7,095,000 | 14,659,000 | -8,364,000 | 9,773,000 | 64,344,000 | -4,949,000 | 12,410,000 | 20,675,000 |
yoy | -121.82% | -17.23% | -37.44% | 160.30% | -1935.41% | -127.16% | -33.39% | -62.02% | -77.62% | -500.09% | 35.68% | 120.97% | 9.59% | -146.48% | -10.67% | -444.89% | 49.89% | -587.60% | 357.30% | -124.36% | 59.04% | -12.15% | -45.93% | 67.82% | -48.61% | -166.32% | 3.67% | -89.91% | -177.42% | -239.05% | -57.13% | -344.54% | -125.67% | -18.33% | -89.77% | -160.70% | -3594.20% | -28.71% | 642.62% | 112.43% | -112.15% | -47.76% | -52.02% | -64.25% | -64.10% | -467.17% | -316.66% | 322.48% | -334.63% | -88.97% | -396.20% | -167.40% | -52.73% | ||||
qoq | -36.13% | 103.63% | -48.11% | -132.33% | -342.30% | 53.90% | 115.89% | 127.98% | -103.59% | -477.49% | 23.07% | 34.37% | -35.91% | 28.02% | 100.44% | -33.36% | -127.18% | -346.02% | -873.84% | -128.96% | -11.58% | 130.73% | -58.77% | 89.07% | -51.16% | 42.02% | 27.95% | -42.10% | -163.03% | -322.00% | -87.54% | -544.10% | -213.20% | -31.55% | -171.06% | -146.62% | 260.15% | -91.43% | 321.73% | -2783.60% | -107.35% | -10.70% | 20.64% | 53.48% | -68.40% | -17.98% | -10.12% | 54.10% | -423.19% | -51.60% | -275.26% | -185.58% | -84.81% | -1400.14% | -139.88% | -39.98% | |
operating margin % | -15.41% | -26.10% | -10.81% | -24.17% | 30.79% | -32.37% | -44.07% | -18.41% | -8.58% | 63.06% | -152.92% | -158.51% | -62.99% | -110.88% | -71.58% | -33.92% | -62.99% | Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% |
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of equity securities | -1,559,000 | 2,750,000 | 900,000 | 2,219,000 | -4,777,000 | 4,107,000 | -4,074,000 | -4,744,000 | -26,701,000 | 12,640,000 | 8,823,000 | 6,617,000 | 3,343,000 | 2,507,000 | -36,352,000 | -57,647,000 | -172,203,000 | -27,982,000 | 66,502,000 | 11,158,000 | 37,849,000 | ||||||||||||||||||||||||||||||||||||
gain on sale of equity securities | -605,000 | -3,537,000 | 1,907,000 | 1,605,000 | 28,861,000 | -1,570,000 | -7,999,000 | -1,361,000 | 10,884,000 | 36,060,000 | 11,498,000 | 66,876,000 | 63,005,000 | 37,688,000 | 14,617,000 | 819,000 | |||||||||||||||||||||||||||||||||||||||||
net realized and unrealized loss | -2,164,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on derivatives - energy operations | -10,699,000 | -5,021,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on foreign currency exchange | -59,000 | 9,000 | -30,000 | 280,000 | 155,000 | -298,000 | 130,000 | -70,000 | -18,000 | 28,000 | -70,000 | 15,000 | 80,000 | ||||||||||||||||||||||||||||||||||||||||||||
interest expense | -1,886,000 | -1,979,000 | -2,230,000 | -2,329,000 | -2,451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 2,815,000 | 2,813,000 | 3,001,000 | 2,936,000 | 580,000 | 304,500 | 293,000 | 369,000 | 556,000 | 545,000 | 554,000 | 397,000 | 442,000 | 20,000 | |||||||||||||||||||||||||||||||||||||||||||
other income | 185,000 | -17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -11,808,000 | -79,636,000 | -158,032,000 | -332,250 | -2,463,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -20,165,000 | 5,954,000 | -3,362,000 | -890,000 | 29,609,000 | -14,799,000 | -6,160,000 | -15,890,000 | -1,298,000 | 73,355,000 | 2,565,000 | -20,424,000 | 11,930,000 | -20,391,000 | 29,075,000 | -47,690,000 | -88,144,000 | 228,722,000 | 89,615,000 | 20,023,000 | -163,708,000 | 80,337,000 | 38,431,000 | 6,146,000 | -12,629,000 | ||||||||||||||||||||||||||||||||
income tax benefit | 2,564,000 | -1,181,000 | 968,000 | -547,000 | -6,081,000 | 776,000 | -5,497,000 | 7,061,000 | 1,109,000 | 2,145,000 | 197,000 | 1,645,000 | -2,483,000 | 1,812,000 | -679,000 | 200,000 | 14,878,000 | -23,756,000 | -11,000 | -510,000 | -10,000 | -98,000 | -83,000 | 2,000 | 1,338,000 | ||||||||||||||||||||||||||||||||
net income including noncontrolling interests in subsidiaries | -17,601,000 | 4,773,000 | -2,394,000 | -1,437,000 | 23,528,000 | -14,023,000 | -11,657,000 | -189,000 | 75,500,000 | 2,762,000 | 9,447,000 | -18,579,000 | 28,396,000 | -47,490,000 | 204,966,000 | 89,604,000 | 19,513,000 | 80,239,000 | 38,348,000 | 6,148,000 | -11,367,000 | -32,864,000 | |||||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests in subsidiaries | 1,860,000 | -1,856,000 | 759,000 | 383,000 | 3,000 | 14,000 | -2,000 | -331,000 | 79,000 | 73,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to acacia research corporation | -15,741,000 | 3,418,000 | -2,730,000 | -3,293,000 | 24,287,000 | -13,429,000 | -13,996,000 | -186,000 | 74,756,000 | 1,636,000 | 9,447,000 | -18,386,000 | 28,090,000 | -61,503,000 | 204,704,000 | 89,604,000 | 19,507,000 | 80,239,000 | 38,348,000 | 6,148,000 | -11,369,000 | -33,195,000 | 7,082,000 | -24,421,000 | -33,333,000 | -15,711,000 | -12,503,000 | 5,113,000 | 9,823,000 | -6,619,000 | 6,321,000 | 49,928,000 | -5,896,000 | 12,510,000 | 12,353,000 | ||||||||||||||||||||||
income per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders - basic | -15,741 | 3,418 | -2,730 | -3,293 | 24,287 | -186 | 70,843 | -1,740 | 5,958 | -20,528 | 20,587 | -63,443 | 59,172,804 | 72,984,000 | 15,108,000 | 65,492,000 | 30,529,000 | -23,415,000 | -33,195,000 | -24,628,000 | -33,487,000 | -15,904,000 | |||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding - basic | 96,487,121 | 96,293,764 | 96,445,160 | 96,244,590 | 96,018,047 | 99,213,835 | 99,854,723 | 100,079,803 | 99,745,905 | 75,296,025 | 94,328,452 | 58,408,711 | 47,971,931 | 42,460,504 | 38,052,426 | 43,988,677 | 48,797,290 | 48,949,504,000 | 48,729,020,000 | 48,840,829,000 | 48,467,885,000 | 48,457,620,000 | 49,764,002 | 49,557,748,000 | 50,124,302,000 | 49,423,472,000 | 49,212,207,000 | 48,806,334,000 | 48,543,334,000 | 48,329,375,000 | 48,330,149,000 | ||||||||||||||||||||||||||
basic net income per common share | -0.16 | 0.04 | -0.03 | -0.03 | 0.25 | 0.96 | -0.02 | 0.12 | -0.5 | 0.54 | -1.44 | 1,212.43 | 1,490 | 310 | 1,340 | 630 | 90 | -467.5 | -670 | ||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders - diluted | -15,741 | 3,418 | -2,730 | -3,293 | 24,287 | 68,911 | -3,163 | -20,528 | 1,531 | -63,443 | 59,242,224 | 80,171,000 | 18,792,000 | 67,091,000 | 29,204,000 | -23,415,000 | -33,195,000 | -24,628,000 | -33,487,000 | -15,904,000 | |||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding - diluted | 96,487,121 | 97,158,219 | 96,445,160 | 96,244,590 | 96,981,413 | 99,213,835 | 99,854,723 | 100,079,803 | 99,745,905 | 92,411,818 | 99,122,973 | 58,408,711 | 89,067,821 | 42,460,504 | 71,164,236 | 43,988,677 | 98,470,870 | 93,081,502,000 | 83,086,980,000 | 57,435,128,000 | 90,624,702,000 | 49,033,824,000 | 50,896,773 | 49,557,748,000 | 50,618,757,000 | 49,423,472,000 | 49,212,207,000 | 48,806,334,000 | 48,543,334,000 | 48,329,375,000 | 48,530,105,000 | ||||||||||||||||||||||||||
diluted net income per common share | -0.16 | 0.03 | -0.03 | -0.03 | 0.25 | 0.81 | -0.03 | -0.5 | 0.02 | -1.44 | 1,211.91 | 860 | 230 | 1,180 | 320 | 90 | -467.5 | -670 | |||||||||||||||||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation | 114 | 439 | -114 | 863 | 662 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive income | 114 | 439 | -114 | 863 | 662 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | -17,487 | 5,212 | -2,508 | -574 | 24,190 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to noncontrolling interests | 1,860 | -1,856 | 759 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to acacia research corporation | -15,627 | 3,857 | -2,844 | -2,430 | 24,949 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized and unrealized gain | -787,000 | 900,000 | 4,126,000 | -3,172,000 | 4,107,000 | -4,074,000 | -4,744,000 | 2,160,000 | 11,862,000 | 12,198,000 | -1,382,000 | 1,982,000 | 12,987,000 | 558,000 | -4,064,000 | -105,327,000 | |||||||||||||||||||||||||||||||||||||||||
non-recurring legacy legal expense | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on derivatives - energy operations | 3,963,000 | 1,872,000 | 6,635,000 | -3,530,000 | 8,034,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -730,000 | -449,000 | -153,000 | -1,242,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 19,039,000 | 3,064,000 | 11,495,000 | -8,696,000 | 1,010,000 | 4,112,000 | -11,132,000 | 789,000 | 15,146,000 | 17,985,000 | -7,895,000 | 21,254,000 | -5,842,000 | 40,440,000 | -42,020,000 | 197,423,000 | 102,337,000 | 18,379,000 | 86,756,000 | 41,213,000 | 12,894,000 | -9,060,000 | -1,727,000 | 2,861,000 | -21,988,000 | -27,595,000 | 11,615,000 | -40,890,000 | -4,862,000 | 696,000 | 261,000 | -52,000 | -3,000 | -451,000 | -57,000 | -196,000 | 109,000 | 161,000 | 280,000 | 400,000 | 1,290,000 | 820,000 | -41,000 | 29,000 | |||||||||||||
net income attributable to noncontrolling interests in subsidiaries | -1,355,000 | -336,000 | 594,000 | -2,339,000 | -744,000 | -1,126,000 | 193,000 | -306,000 | -14,013,000 | -262,000 | -6,000 | -900,000 | |||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to noncontrolling interests | -1,355 | -336 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income and other | 1,793,000 | 7,170,000 | 2,022,000 | 295,000 | 4,890,000 | 3,256,000 | 4,462,000 | 4,307,000 | 3,441,000 | 2,351,000 | 1,221,000 | 863,000 | 1,007,000 | 366,000 | 76,000 | 85,000 | -26,000 | 27,000 | 10,000 | 266,000 | 535,000 | 2,082,000 | 718,000 | 1,130,000 | 1,543,000 | 173,000 | 321,000 | 268,000 | 207,000 | ||||||||||||||||||||||||||||
engineering and development expenses - industrial operations | 105,000 | 108,000 | 178,000 | 134,000 | 142,000 | 172,000 | 205,000 | 216,000 | 135,000 | 156,000 | 145,000 | 190,000 | |||||||||||||||||||||||||||||||||||||||||||||
sales and marketing expenses - industrial operations | 1,083,250 | 1,391,000 | 1,387,000 | 1,555,000 | 1,523,000 | 1,613,000 | 1,859,000 | 1,913,000 | 2,192,000 | 2,119,000 | 2,294,000 | 2,016,000 | |||||||||||||||||||||||||||||||||||||||||||||
earnings on equity investment in joint venture | 792,000 | 3,375,000 | -404,000 | 850,000 | 42,085,000 | 793,000 | 7,000 | 2,730,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of the series b warrants and embedded derivatives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense on senior secured notes | -130,000 | -900,000 | -900,000 | -900,000 | -1,072,000 | -1,859,000 | -2,601,000 | -2,321,000 | -2,531,000 | -1,760,000 | -1,310,000 | -2,745,000 | -2,410,000 | -768,000 | |||||||||||||||||||||||||||||||||||||||||||
loss per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders - basic | -5,657 | -13,996 | -8,446 | -21,155 | -3,896,000 | -13,345,000 | -12,589,000 | -12,575,000 | -13,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
basic net loss per common share | -0.058 | -0.14 | -0.08 | -0.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders - diluted | -5,657 | -13,996 | -8,446 | -186 | -21,155 | -6,496 | -3,896,000 | -13,345,000 | -12,589,000 | -12,575,000 | -13,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||
diluted net loss per common share | -0.058 | -0.14 | -0.08 | -0.36 | -0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
legal liability fee | -6,613,000 | -6,243,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss including noncontrolling interests in subsidiaries | -8,829,000 | -18,779,000 | -73,266,000 | -163,718,000 | -11,291,000 | 634,000 | -7,608,000 | -5,757,000 | -4,398,000 | -28,506,000 | -32,111,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to acacia research corporation | -8,446,000 | -18,779,000 | -73,266,000 | -164,618,000 | -11,291,000 | 634,000 | -7,608,000 | -5,757,000 | -4,384,000 | -28,427,000 | -32,038,000 | -40,573,000 | -9,965,000 | -115,910,000 | -27,310,000 | -3,686,000 | -13,130,000 | -12,446,250 | -12,415,000 | -12,949,000 | |||||||||||||||||||||||||||||||||||||
change in fair value of the series a and b warrants and embedded derivatives | 1,525,000 | -9,935,000 | 16,651,000 | -21,488,000 | 41,638,000 | -35,146,000 | 28,098,000 | 163,458,000 | 619,000 | -5,576,000 | -198,909,000 | -11,626,000 | 20,672,000 | -62,902,000 | -4,382,000 | ||||||||||||||||||||||||||||||||||||||||||
cost of sales - industrial operations | 3,933,000 | 5,220,000 | 5,927,000 | 4,648,000 | 4,592,000 | 4,192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of investment | 1,770,000 | -3,081,000 | 2,677,000 | 4,108,000 | 277,000 | -4,266,000 | 6,980,000 | 6,908,000 | -6,976,000 | -22,377,000 | 11,347,000 | -41,097,000 | -12,698,000 | ||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment | 839,000 | 554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on foreign currency exchange | 1,208,000 | -1,905,000 | -1,814,000 | -813,000 | 104,000 | -17,000 | -152,000 | -24,000 | 33,000 | -48,000 | -4,890,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stockholders - basic and diluted | -75,117 | -136,665,000 | -12,185,000 | -4,437,250 | -7,608,000 | -5,757,000 | -4,384,000 | -28,427,000 | -32,038,000 | -40,573,000 | -9,965,000 | -116,039,000 | -27,450,000 | ||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding - basic and diluted | 46,544,313 | 48,596,040,000 | 49,875,396,000 | 49,828,361,000 | 49,696,016,000 | 49,655,881,000 | 50,061,812,000 | 50,632,958,000 | 50,499,248,000 | 50,333,056,000 | 50,015,869,000 | 49,925,550,000 | 49,630,369,000 | ||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per common share | -1.61 | -2,810 | -240 | -90 | -150 | -120 | -90 | -570 | -630 | ||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 6,196,250 | 1,582,000 | 17,400,000 | 5,803,000 | 4,383,000 | 19,466,000 | 2,118,000 | 3,815,000 | 688,000 | 1,711,000 | 5,460,000 | 3,387,000 | 49,203,000 | 13,725,000 | 6,485,000 | 62,093,000 | 16,457,000 | 8,854,000 | 64,658,000 | 41,351,000 | 24,721,000 | 37,497,000 | 12,994,000 | 40,336,000 | 34,210,000 | 31,030,000 | 37,192,000 | 50,076,000 | 12,578,000 | 15,065,000 | 15,520,000 | 23,110,000 | 76,861,000 | 66,264,000 | 34,939,000 | 50,484,000 | 99,040,000 | 20,795,000 | 50,585,000 | 61,130,000 | |||||||||||||||||
patent portfolio operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventor royalties | 205,750 | 280,000 | 448,000 | 95,000 | 506,000 | 5,772,000 | 645,000 | 426,000 | 192,000 | 776,000 | 2,623,000 | 1,353,000 | 11,002,000 | 1,181,000 | 1,241,000 | 21,744,000 | 4,273,000 | 666,000 | 17,844,000 | 1,573,000 | 7,756,000 | 116,000 | 1,265,000 | 9,325,000 | 4,358,000 | 4,667,000 | 10,694,000 | 951,000 | 3,280,000 | 2,353,000 | 5,610,000 | 18,481,000 | 3,829,000 | 5,032,000 | 9,573,000 | 7,594,000 | 6,458,000 | 15,592,000 | 13,089,000 | ||||||||||||||||||
contingent legal fees | 1,433,750 | 285,000 | 4,356,000 | 1,094,000 | 564,000 | 6,609,000 | 12,000 | 234,000 | 4,000 | 35,000 | 375,000 | 177,000 | 11,756,000 | 2,949,000 | 1,037,000 | 15,759,000 | 3,236,000 | 627,000 | 7,709,000 | 10,418,000 | 4,109,000 | 3,901,000 | 1,972,000 | 5,512,000 | 4,784,000 | 7,296,000 | 7,663,000 | 7,077,000 | 1,527,000 | 3,181,000 | 2,547,000 | 4,024,000 | 15,032,000 | 5,463,000 | 8,833,000 | 6,607,000 | 3,748,000 | 5,547,000 | 12,328,000 | 9,367,000 | |||||||||||||||||
litigation and licensing expenses - patents | 1,220,250 | 782,000 | 1,837,000 | 2,262,000 | 2,186,000 | 1,001,000 | 1,459,000 | 1,037,000 | 1,160,000 | 987,000 | 1,855,000 | 3,801,000 | 2,760,000 | 1,231,000 | 2,130,000 | 2,745,000 | 4,134,000 | 6,386,000 | 7,348,000 | 7,324,000 | 7,723,000 | 11,341,000 | 10,345,000 | 9,012,000 | 8,675,000 | 8,208,000 | 9,592,000 | 10,820,000 | 8,994,000 | 8,899,000 | 10,870,000 | 9,918,000 | 9,648,000 | 6,969,000 | 5,973,000 | 5,268,000 | 3,381,000 | 2,205,000 | 3,501,000 | 3,534,000 | |||||||||||||||||
amortization of patents | 1,771,500 | 2,612,000 | 2,612,000 | 1,862,000 | 1,159,000 | 1,174,000 | 1,305,000 | 1,043,000 | 857,000 | 863,000 | 818,000 | 656,000 | 11,560,000 | 4,952,000 | 5,278,000 | 5,330,000 | 5,571,000 | 5,515,000 | 6,467,000 | 10,759,000 | 10,760,000 | 13,113,000 | 13,688,000 | 13,228,000 | 13,038,000 | 13,727,000 | 13,511,000 | 15,532,000 | 14,472,000 | 16,735,000 | 12,615,000 | 12,578,000 | 11,730,000 | 18,088,000 | 10,412,000 | 5,393,000 | 5,126,000 | 1,427,000 | 1,946,000 | 3,772,000 | |||||||||||||||||
other patent portfolio income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
patent portfolio expenses | 4,631,250 | 3,959,000 | 9,253,000 | 5,313,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net patent portfolio income | 1,565,000 | -2,377,000 | 8,147,000 | 490,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of prepaid investment and derivative | 2,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other patent portfolio expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
portfolio operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other portfolio expenses | -74,000 | -234,000 | 1,581,000 | -475,000 | 650,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total portfolio operations | 4,415,000 | 14,556,000 | 3,347,000 | 2,506,000 | 3,794,000 | 2,186,000 | 5,671,000 | 6,637,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net portfolio income | -32,000 | 4,910,000 | -1,229,000 | 1,309,000 | -3,106,000 | -475,000 | -211,000 | -3,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of investment | -690,500 | -3,316,000 | -1,083,000 | -915,000 | -1,642,000 | -5,590,000 | -13,556,000 | -5,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
impairment of other investment | -8,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of other investment | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of equity securities derivative and forward contract | 4,385,500 | -64,011,000 | 81,553,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of trading securities and equity securities - private | 20,476,750 | 84,499,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of trading securities | 11,624,000 | 2,737,000 | -7,121,000 | 112,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of trading securities | 3,525,000 | -6,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders - basic and diluted | 4,201,000 | 7,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: dividend on series a redeemable convertible preferred stock | -263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accretion of series a redeemable convertible preferred stock | -631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
patent acquisition expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of patent-related intangible assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes | -4,360,000 | -7,608,000 | -5,748,000 | -4,084,000 | -23,174,750 | -32,558,000 | -28,221,000 | -31,920,000 | -12,786,000 | -10,880,000 | 16,551,000 | -34,994,000 | -9,705,000 | -9,875,500 | -27,016,000 | 896,000 | 8,385,000 | ||||||||||||||||||||||||||||||||||||||||
provision for income taxes | -80,750 | -9,000 | -314,000 | -397,000 | -306,000 | -285,000 | -191,000 | -1,478,000 | -1,241,000 | -9,655,000 | -5,927,000 | -192,000 | -156,500 | -337,000 | -119,000 | -3,272,000 | -3,494,000 | -14,747,000 | -1,072,000 | -182,000 | -7,148,000 | ||||||||||||||||||||||||||||||||||||
operating costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other patent acquisition costs | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other - business development | 144,250 | 84,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of patent-related intangible and other assets | 7,302,500 | 29,210,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 550,500 | 2,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating costs and expenses | 29,533,000 | 18,688,000 | 46,321,000 | 53,123,000 | 24,381,000 | 20,430,000 | 48,368,000 | 76,293,000 | 34,423,000 | 150,673,000 | 39,830,000 | 39,336,000 | 47,820,000 | 46,270,000 | 49,825,000 | 58,307,000 | 38,629,000 | 46,825,000 | 50,856,000 | 46,040,000 | 69,766,000 | 51,605,000 | 43,303,000 | 40,711,000 | 34,696,000 | 25,744,000 | 38,175,000 | 40,455,000 | |||||||||||||||||||||||||||||
gain on conversion of loans and accrued interest | 2,671,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on exercise of primary warrant | 4,616,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of investee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 4,000,000 | 1,742,000 | 250,000 | 3,465,000 | 426,000 | 1,548,000 | 3,506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses - business development | 327,000 | 166,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
research, consulting and other expenses - business development | 433,000 | 320,000 | 666,000 | 1,334,000 | 522,000 | 860,000 | 802,000 | 732,000 | 997,000 | 637,000 | 1,208,000 | 1,003,000 | 992,000 | 771,000 | 730,000 | 726,000 | 1,024,000 | 721,000 | 1,139,000 | 1,967,000 | 1,116,000 | 1,445,000 | 850,000 | 708,000 | |||||||||||||||||||||||||||||||||
equity in earnings of investee | -14,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss including noncontrolling interests in operating subsidiaries | -14,264,000 | -12,121,000 | -9,897,000 | -10,032,000 | -27,353,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests in operating subsidiaries | 12,000 | 291,000 | 186,000 | 348,000 | -68,000 | 1,440,000 | 43,000 | -4,463,000 | 422,000 | -103,000 | 420,000 | 167,000 | 149,000 | 1,656,000 | -225,000 | 977,000 | 101,000 | -152,000 | -60,000 | 275,000 | -161,500 | 257,000 | |||||||||||||||||||||||||||||||||||
loss attributable to acacia research corporation | -14,252,000 | -11,830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted loss per common share | -280 | -240 | -810 | -200 | -2,350 | -550 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income including noncontrolling interests in operating subsidiaries | 6,896,000 | -40,921,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted income per common share | 140 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | |||||||||||||||||||||||||||||||||||||||||||||||||
write-off of patent-related intangible assets | 40,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest and other investment loss | -14,000 | -180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, general and administrative expenses | 9,587,000 | 10,575,000 | 12,044,000 | 11,636,000 | 13,181,000 | 11,693,000 | 13,959,000 | 18,235,000 | 13,184,000 | 13,851,000 | 16,535,000 | 11,914,000 | 11,903,000 | 13,731,000 | 8,662,000 | 8,748,000 | 9,985,000 | ||||||||||||||||||||||||||||||||||||||||
total interest and other investment income | -104,000 | 228,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests in operating subsidiaries | 777,000 | -24,570,000 | -34,989,000 | -15,486,000 | -13,480,000 | 5,113,000 | 9,722,000 | -6,467,000 | 6,381,000 | 49,653,000 | -6,003,000 | 12,253,000 | 13,556,000 | ||||||||||||||||||||||||||||||||||||||||||||
basic loss per common share | -80 | -270 | -260 | -260 | -270 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per common share | -80 | -270 | -260 | -260 | -270 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss before benefit from income taxes | -13,382,000 | -11,764,750 | -12,690,000 | -8,427,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -170,000 | -450,000 | -145,000 | -4,689,000 | 1,372,000 | -3,390,000 | 19,570,000 | 9,050,000 | -4,075,750 | 1,938,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net loss including noncontrolling interests in operating subsidiaries | -13,552,000 | -12,630,250 | -12,835,000 | -13,116,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gain on investments | -340,500 | -350,000 | -565,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on investments | -447,000 | 144,250 | -274,000 | 3,000 | 848,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes | -25,942,000 | -12,300,250 | -35,056,000 | -22,530,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per common share | -510 | -690 | -330 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per common share | -510 | -690 | -330 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
write off of investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share attributable to acacia research corporation: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | -0.26 | 0.11 | 0.265 | -0.14 | 0.13 | 1.13 | 0.173 | 0.3 | |||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | -0.26 | 0.11 | 0.26 | -0.14 | 0.13 | 1.09 | 0.165 | 0.29 | |||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding, basic | 49,969,062,000 | 48,658,088,000 | 48,155,832,000 | 48,008,998 | 47,859,774 | 47,251,061 | 48,332,878 | 47,944,193 | 44,367,499 | 39,743,433 | 41,292,819 | 35,182,811 | |||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding, diluted | 49,969,062,000 | 48,658,088,000 | 48,155,832,000 | 48,008,998 | 48,354,444 | 48,060,647 | 48,332,878 | 48,938,766 | 45,771,228 | 41,258,297 | 42,857,880 | 36,448,005 | |||||||||||||||||||||||||||||||||||||||||||||
verdict insurance proceeds | -12,451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
verdict insurance proceeds related costs | 7,661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations before benefit from income taxes | 16,467,500 | -8,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and investment income | 102,000 | 56,000 | 18,000 | 25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations before provision for income taxes | 9,875,000 | 64,400,000 | -4,931,000 | 12,435,000 | 20,704,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share attributable toacacia research corporation: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on investments | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests in operating subsidiaries | -1,203,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic income per share | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted income per share | 0.34 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 307,507,000 | 306,719,000 | 301,780,000 | 316,721,000 | 271,964,000 | 273,880,000 | 360,050,000 | 386,988,000 | 438,762,000 | 340,091,000 | 344,733,000 | 355,188,000 | 364,227,000 | 287,786,000 | 241,874,000 | 263,945,000 | 289,369,000 | 308,943,000 | 217,957,000 | 185,710,000 | 144,807,000 | 165,546,000 | 162,564,000 | 164,280,000 | 58,678,000 | 57,359,000 | 66,861,000 | 63,487,000 | 73,285,000 | 128,809,000 | 109,562,000 | 100,150,000 | 150,289,000 | 63,220,000 | 54,321,000 | 116,016,000 | 139,772,000 | 145,329,000 | 135,223,000 | 157,775,000 | 119,084,000 | 101,548,000 | 134,466,000 | 154,257,000 | 146,040,000 | 133,403,000 | 126,685,000 | 118,303,000 | 148,909,000 | 193,161,000 | 221,804,000 | 264,151,000 | 296,866,000 | 315,498,000 | 314,733,000 | 310,663,000 | 313,611,000 |
equity securities | 14,206,000 | 17,551,000 | 27,193,000 | 21,467,000 | 18,064,000 | 23,135,000 | 14,100,000 | 18,174,000 | 22,918,000 | 63,068,000 | 64,511,000 | 52,853,000 | 60,724,000 | 61,608,000 | |||||||||||||||||||||||||||||||||||||||||||
equity securities without readily determinable fair value | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 5,816,000 | 176,010,000 | 116,946,000 | ||||||||||||||||||||||||||||||||||||
equity method investments | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | 30,934,000 | |||||||||||||||||||||||||||||||||||||||||||
loans receivable | 8,137,000 | 15,299,000 | 3,392,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 28,694,000 | 26,165,000 | 27,141,000 | 23,370,000 | 95,725,000 | 26,909,000 | 10,733,000 | 18,772,000 | 15,372,000 | 80,555,000 | 5,896,000 | 6,267,000 | 8,666,000 | 8,231,000 | 7,040,000 | 13,692,000 | 9,141,000 | 9,517,000 | 412,000 | 12,750,000 | 4,425,000 | 506,000 | 263,000 | 1,393,000 | 621,000 | 511,000 | 1,799,000 | 15,308,000 | 23,964,000 | 32,884,000 | 10,572,000 | 5,629,000 | 4,754,000 | 14,245,000 | 7,781,000 | 53,700,000 | 4,325,000 | 25,175,000 | 33,500,000 | 12,757,000 | 37,550,000 | 30,007,000 | 20,168,000 | 12,702,000 | 25,185,000 | 13,540,000 | 6,341,000 | 16,812,000 | 16,781,000 | 45,351,000 | 9,843,000 | 16,635,000 | 10,822,000 | 1,280,000 | 2,915,000 | 32,560,000 | 1,198,000 |
inventories | 23,417,000 | 26,559,000 | 26,490,000 | 25,724,000 | 26,264,000 | 27,485,000 | 12,218,000 | 12,289,000 | 9,880,000 | 10,921,000 | 12,375,000 | 14,006,000 | 14,725,000 | 14,222,000 | 13,802,000 | 12,056,000 | 10,014,000 | 8,930,000 | |||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 12,394,000 | 21,050,000 | 17,891,000 | 19,958,000 | 15,866,000 | 31,987,000 | 23,795,000 | 20,961,000 | 29,465,000 | 23,127,000 | 20,182,000 | 20,728,000 | 20,099,000 | 19,388,000 | 5,173,000 | 5,291,000 | 4,961,000 | 4,764,000 | 3,986,000 | 2,283,000 | 2,647,000 | 5,832,000 | 1,685,000 | 1,894,000 | 3,653,000 | 2,912,000 | 2,329,000 | 3,289,000 | 3,686,000 | 3,125,000 | 3,121,000 | 3,509,000 | 3,801,000 | 4,116,000 | 5,138,000 | 3,773,000 | 4,310,000 | 4,352,000 | 4,219,000 | 4,926,000 | 5,146,000 | 5,057,000 | 4,355,000 | 5,794,000 | 5,790,000 | 7,617,000 | 7,546,000 | 7,414,000 | 8,455,000 | 5,101,000 | 3,441,000 | 3,045,000 | 1,786,000 | 2,431,000 | 803,000 | 927,000 | 2,167,000 |
total current assets | 431,105,000 | 450,093,000 | 440,637,000 | 443,990,000 | 464,633,000 | 420,146,000 | 457,646,000 | 493,934,000 | 553,147,000 | 554,512,000 | 484,447,000 | 485,792,000 | 505,191,000 | 427,985,000 | 427,195,000 | 500,165,000 | 596,719,000 | 730,682,000 | 669,431,000 | 544,460,000 | 482,810,000 | 457,669,000 | 366,050,000 | 364,123,000 | 162,385,000 | 171,765,000 | 173,459,000 | 183,500,000 | 195,522,000 | 201,472,000 | 157,103,000 | 143,982,000 | 188,203,000 | 136,633,000 | 169,682,000 | 218,066,000 | 194,896,000 | 186,589,000 | 183,877,000 | 187,340,000 | 210,749,000 | 201,780,000 | 218,708,000 | 248,351,000 | 254,952,000 | 253,289,000 | 273,728,000 | 329,501,000 | 345,361,000 | 377,900,000 | 324,563,000 | 430,478,000 | 441,970,000 | 453,394,000 | 325,048,000 | 350,664,000 | 316,976,000 |
property, plant and equipment | 20,231,000 | 21,291,000 | 22,188,000 | 22,751,000 | 23,354,000 | 23,865,000 | 2,366,000 | 2,315,000 | 2,090,000 | 2,356,000 | 2,647,000 | 2,950,000 | 3,275,000 | 3,537,000 | 3,700,000 | 3,883,000 | 3,885,000 | 4,183,000 | |||||||||||||||||||||||||||||||||||||||
oil and natural gas properties | 195,879,000 | 190,705,000 | 188,877,000 | 187,095,000 | 189,104,000 | 191,680,000 | 190,149,000 | 192,587,000 | 24,952,000 | 25,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 25,735,000 | 25,790,000 | 25,695,000 | 25,782,000 | 25,566,000 | 29,339,000 | 8,990,000 | 8,990,000 | 8,990,000 | 8,990,000 | 7,541,000 | 7,541,000 | 7,541,000 | 7,541,000 | 7,470,000 | 7,470,000 | 7,470,000 | 7,470,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 30,149,000 | 36,217,000 | 36,217,000 | 36,202,000 | ||||||||||||||||||||||||
other intangible assets | 45,294,000 | 48,148,000 | 55,458,000 | 61,643,000 | 67,739,000 | 55,429,000 | 30,872,000 | 36,017,000 | 29,690,000 | 33,556,000 | 27,557,000 | 30,590,000 | 33,624,000 | 36,658,000 | 39,692,000 | 42,725,000 | 45,759,000 | 48,793,000 | |||||||||||||||||||||||||||||||||||||||
operating lease, right-of-use assets | 11,657,000 | 11,500,000 | 11,643,000 | 10,397,000 | 8,001,000 | 9,287,000 | 1,366,000 | 1,639,000 | 1,717,000 | 1,872,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax assets | 18,290,000 | 14,836,000 | 16,939,000 | 16,998,000 | 17,231,000 | 20,233,000 | 8,424,000 | 13,854,000 | 6,567,000 | 2,915,000 | 321,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | 7,680,000 | 8,593,000 | 7,434,000 | 6,890,000 | 5,978,000 | 6,415,000 | 7,759,000 | 4,257,000 | 4,572,000 | 4,227,000 | 5,146,000 | 6,925,000 | 5,359,000 | 5,202,000 | 4,819,000 | 5,041,000 | 5,273,000 | 5,283,000 | 4,482,000 | 4,653,000 | 4,834,000 | 4,988,000 | 5,311,000 | 5,466,000 | 1,004,000 | 818,000 | 2,126,000 | 1,658,000 | 216,000 | 236,000 | |||||||||||||||||||||||||||
total assets | 755,871,000 | 770,956,000 | 768,871,000 | 775,546,000 | 801,606,000 | 756,394,000 | 707,572,000 | 753,593,000 | 631,725,000 | 633,545,000 | 529,147,000 | 534,708,000 | 556,604,000 | 482,928,000 | 485,269,000 | 561,699,000 | 661,440,000 | 798,856,000 | 749,834,000 | 627,732,000 | 568,958,000 | 515,520,000 | 426,515,000 | 394,146,000 | 213,721,000 | 218,161,000 | 186,930,000 | 203,762,000 | |||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 11,431,000 | 13,358,000 | 13,331,000 | 10,972,000 | 12,457,000 | 12,074,000 | 5,258,000 | 3,191,000 | 4,702,000 | 3,261,000 | 8,530,000 | 5,789,000 | 8,413,000 | 6,036,000 | 5,097,000 | 5,484,000 | 5,298,000 | 5,440,000 | 2,196,000 | 2,625,000 | 3,633,000 | 1,019,000 | 2,707,000 | 3,235,000 | 3,136,000 | 1,765,000 | |||||||||||||||||||||||||||||||
accrued expenses and other current liabilities | 23,480,000 | 19,661,000 | 20,326,000 | 22,677,000 | 24,084,000 | 20,575,000 | 8,668,000 | 15,207,000 | 3,990,000 | 8,405,000 | 5,256,000 | 4,461,000 | 12,694,000 | 14,058,000 | 9,258,000 | 6,841,000 | 7,349,000 | 5,789,000 | 5,586,000 | 4,817,000 | 3,673,000 | 3,707,000 | 4,849,000 | 2,716,000 | 4,376,000 | 7,265,000 | |||||||||||||||||||||||||||||||
accrued compensation | 5,955,000 | 6,727,000 | 7,990,000 | 6,394,000 | 6,879,000 | 6,277,000 | 4,969,000 | 3,983,000 | 4,624,000 | 4,207,000 | 5,202,000 | 5,505,000 | 5,490,000 | 4,737,000 | 5,070,000 | 4,108,000 | 4,345,000 | 4,136,000 | 4,019,000 | 2,382,000 | 2,017,000 | 2,265,000 | 2,595,000 | 1,998,000 | 1,127,000 | 507,000 | |||||||||||||||||||||||||||||||
current asset retirement obligation | 1,608,000 | 1,589,000 | 1,569,000 | 1,585,000 | 1,565,000 | 1,546,000 | 1,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
royalties and contingent legal fees payable | 6,630,000 | 6,761,000 | 6,978,000 | 5,681,000 | 26,699,000 | 5,448,000 | 6,194,000 | 4,869,000 | 3,011,000 | 10,786,000 | 1,296,000 | 579,000 | 1,060,000 | 699,000 | 3,259,000 | 2,581,000 | 2,303,000 | 2,463,000 | 1,793,000 | 6,089,000 | 2,445,000 | 2,162,000 | 14,230,000 | 2,143,000 | 2,070,000 | 2,178,000 | 2,274,000 | 10,518,000 | 16,149,000 | 22,688,000 | 7,193,000 | 4,765,000 | 39,937,000 | 9,427,000 | 3,078,000 | 25,009,000 | 17,854,000 | 18,618,000 | 14,878,000 | 9,243,000 | 20,181,000 | 19,129,000 | 14,351,000 | 17,777,000 | 20,312,000 | 3,895,000 | 10,447,000 | 8,313,000 | 19,986,000 | 36,736,000 | 12,508,000 | 21,478,000 | 19,103,000 | 14,095,000 | 23,508,000 | 37,050,000 | 21,736,000 |
deferred revenue | 1,260,000 | 945,000 | 853,000 | 731,000 | 1,403,000 | 1,319,000 | 1,268,000 | 911,000 | 1,069,000 | 977,000 | 1,149,000 | 1,022,000 | 1,206,000 | 1,229,000 | 1,403,000 | 1,378,000 | 1,453,000 | 1,114,000 | |||||||||||||||||||||||||||||||||||||||
total current liabilities | 50,364,000 | 49,041,000 | 51,047,000 | 50,440,000 | 75,487,000 | 47,239,000 | 27,919,000 | 44,204,000 | 25,846,000 | 27,636,000 | 21,433,000 | 77,806,000 | 90,213,000 | 87,209,000 | 85,437,000 | 136,220,000 | 194,409,000 | 200,190,000 | 204,449,000 | 171,390,000 | 137,979,000 | 124,816,000 | 138,314,000 | 123,493,000 | 10,709,000 | 11,715,000 | 10,571,000 | 20,014,000 | 31,347,000 | 31,035,000 | 16,260,000 | 13,620,000 | 48,977,000 | 18,666,000 | 14,790,000 | 47,922,000 | 29,278,000 | 33,198,000 | 33,225,000 | 26,720,000 | 31,706,000 | 32,734,000 | 45,911,000 | 38,341,000 | 43,100,000 | 35,440,000 | 26,002,000 | 33,373,000 | 42,086,000 | 53,863,000 | 21,993,000 | 37,866,000 | 37,751,000 | 22,502,000 | 30,133,000 | 44,251,000 | 30,915,000 |
asset retirement obligation | 33,027,000 | 32,586,000 | 32,232,000 | 31,814,000 | 31,401,000 | 31,070,000 | 28,065,000 | 1,543,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
long-term lease liabilities | 8,867,000 | 8,424,000 | 8,713,000 | 7,551,000 | 5,872,000 | 6,778,000 | 1,251,000 | 1,447,000 | 1,477,000 | 1,736,000 | 1,535,000 | 898,000 | 1,566,000 | 1,873,000 | 2,186,000 | 2,254,000 | 2,298,000 | 2,027,000 | 671,000 | 759,000 | 845,000 | 951,000 | 1,101,000 | 1,249,000 | 1,395,000 | 1,264,000 | |||||||||||||||||||||||||||||||
deferred income tax liabilities | 2,182,000 | 2,152,000 | 2,609,000 | 2,697,000 | 2,697,000 | 2,609,000 | 125,000 | 502,000 | 742,000 | 2,710,000 | 3,052,000 | 3,513,000 | 18,552,000 | ||||||||||||||||||||||||||||||||||||||||||||
benchmark revolving credit facility | 59,500,000 | 59,500,000 | 58,500,000 | 58,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deflecto facility | 31,021,000 | 32,566,000 | 35,519,000 | 43,983,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 3,685,000 | 2,655,000 | 3,413,000 | 3,590,000 | 2,901,000 | 2,091,000 | 1,771,000 | 1,479,000 | 1,417,000 | 3,581,000 | 2,084,000 | 1,858,000 | 1,674,000 | 1,675,000 | 1,781,000 | 1,066,000 | 1,165,000 | 6,161,000 | 5,591,000 | 5,591,000 | 5,591,000 | 591,000 | 593,000 | 593,000 | 583,000 | 593,000 | |||||||||||||||||||||||||||||||
total liabilities | 188,646,000 | 186,924,000 | 192,033,000 | 198,075,000 | 224,346,000 | 203,775,000 | 129,006,000 | 156,848,000 | 42,121,000 | 43,936,000 | 25,549,000 | 176,121,000 | 179,439,000 | 193,682,000 | 184,306,000 | 276,380,000 | 300,064,000 | 353,628,000 | 500,286,000 | 467,934,000 | 429,033,000 | 212,067,000 | 214,090,000 | 220,090,000 | 43,210,000 | 35,114,000 | 12,621,000 | 22,145,000 | 32,263,000 | 32,709,000 | 18,134,000 | 16,091,000 | 50,782,000 | 19,243,000 | 15,170,000 | 48,494,000 | 29,842,000 | 33,753,000 | 33,746,000 | 28,172,000 | 33,138,000 | 34,145,000 | 47,300,000 | 41,994,000 | 46,625,000 | 39,506,000 | 31,195,000 | 52,443,000 | 61,688,000 | 82,188,000 | 50,239,000 | 72,141,000 | 70,997,000 | 55,507,000 | 30,765,000 | 44,859,000 | 31,564,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.001 per share... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, par value 0.001 per share... | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 96,000 | 99,000 | 100,000 | 100,000 | 100,000 | 99,000 | 58,000 | 58,000 | 43,000 | 38,000 | 41,000 | 47,000 | 49,000 | 50,000 | 50,000 | 49,000 | 49,000 | 49,000 | 49,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 49,000 | 51,000 | 51,000 | 51,000 | 50,000 | 50,000 | 50,000 | 51,000 | 51,000 | 51,000 | 51,000 | 50,000 | 50,000 | 50,000 | 50,000 | 49,000 | 50,000 | 50,000 | 49,000 | 49,000 | 50,000 | 50,000 | 50,000 | 43,000 | 43,000 | 43,000 |
treasury stock | -118,542,000 | -118,542,000 | -118,542,000 | -118,542,000 | -118,542,000 | -118,542,000 | -105,560,000 | -98,258,000 | -98,258,000 | -98,258,000 | -98,258,000 | -98,258,000 | -98,258,000 | -98,258,000 | -98,258,000 | -86,781,000 | -58,267,000 | -47,281,000 | -43,270,000 | -43,270,000 | -43,270,000 | -43,270,000 | -43,270,000 | -43,270,000 | -40,586,000 | -39,272,000 | -39,272,000 | -39,272,000 | -39,272,000 | -39,272,000 | -39,272,000 | -39,272,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -34,640,000 | -26,731,000 | -26,731,000 | -26,731,000 | -26,731,000 | ||||||
accumulated other comprehensive income | 784,000 | 670,000 | 231,000 | 345,000 | -518,000 | -1,180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 916,010,000 | 915,330,000 | 913,348,000 | 911,473,000 | 910,688,000 | 910,237,000 | 907,996,000 | 907,215,000 | 906,337,000 | 906,153,000 | 905,200,000 | 738,712,000 | 740,187,000 | 663,284,000 | 644,329,000 | 646,352,000 | 647,640,000 | 648,389,000 | 649,349,000 | 650,194,000 | 650,753,000 | 651,416,000 | 650,130,000 | 650,843,000 | 651,441,000 | 652,003,000 | 651,988,000 | 651,688,000 | 651,148,000 | 651,156,000 | 650,814,000 | 650,265,000 | 649,724,000 | 646,627,000 | 644,794,000 | 639,118,000 | 636,332,000 | 634,882,000 | 633,146,000 | 637,029,000 | 641,207,000 | 644,404,000 | 646,595,000 | 648,760,000 | 651,053,000 | 650,934,000 | 653,314,000 | 653,326,000 | 651,346,000 | 650,966,000 | 644,982,000 | 631,000,000 | 627,825,000 | 618,683,000 | 386,821,000 | 382,576,000 | 375,271,000 |
accumulated deficit | -269,845,000 | -254,104,000 | -257,522,000 | -254,792,000 | -251,499,000 | -275,786,000 | -262,357,000 | -248,361,000 | -239,915,000 | -239,729,000 | -314,485,000 | -316,121,000 | -297,342,000 | -306,789,000 | -288,403,000 | -316,493,000 | -254,990,000 | -181,724,000 | -382,215,000 | -471,819,000 | -491,326,000 | -326,708,000 | -406,451,000 | -444,799,000 | -450,947,000 | -439,656,000 | -440,290,000 | -432,682,000 | -426,925,000 | -422,541,000 | -411,172,000 | -377,977,000 | -349,550,000 | -368,280,000 | -354,028,000 | -331,587,000 | -338,669,000 | -298,096,000 | -288,131,000 | -172,221,000 | -144,911,000 | -141,225,000 | -128,095,000 | -111,851,000 | -99,436,000 | -86,487,000 | -62,066,000 | -28,733,000 | -13,022,000 | -519,000 | -5,632,000 | -15,455,000 | -8,836,000 | -15,157,000 | -65,085,000 | -59,189,000 | -73,838,000 |
total acacia research corporation stockholders' equity | 528,503,000 | 543,450,000 | 537,611,000 | 538,580,000 | 540,225,000 | 514,825,000 | 540,178,000 | 560,696,000 | 568,264,000 | 568,266,000 | 492,556,000 | 324,391,000 | 344,645,000 | 258,280,000 | 257,706,000 | 243,119,000 | 334,430,000 | 419,433,000 | 223,914,000 | 135,155,000 | 116,206,000 | 281,487,000 | 200,458,000 | 162,823,000 | 159,958,000 | 173,125,000 | 172,476,000 | 179,784,000 | 604,176,000 | 319,949,000 | 321,517,000 | 301,476,000 | |||||||||||||||||||||||||
noncontrolling interests | 38,722,000 | 40,582,000 | 39,227,000 | 38,891,000 | 37,035,000 | 37,794,000 | 38,388,000 | 36,049,000 | 21,340,000 | 21,343,000 | 11,042,000 | 11,042,000 | 11,042,000 | 11,042,000 | 24,775,000 | 25,055,000 | 11,042,000 | 11,042,000 | 11,948,000 | 11,948,000 | 11,942,000 | 11,042,000 | 1,833,000 | 1,833,000 | 1,833,000 | 1,833,000 | 1,833,000 | 1,833,000 | 1,833,000 | 1,844,000 | 1,513,000 | 1,593,000 | |||||||||||||||||||||||||
total stockholders' equity | 567,225,000 | 584,032,000 | 576,838,000 | 577,471,000 | 577,260,000 | 552,619,000 | 578,566,000 | 596,745,000 | 589,604,000 | 589,609,000 | 503,598,000 | 335,433,000 | 355,687,000 | 269,322,000 | 282,481,000 | 268,174,000 | 345,472,000 | 430,475,000 | 235,862,000 | 147,103,000 | 128,148,000 | 292,529,000 | 202,291,000 | 164,656,000 | 161,791,000 | 174,958,000 | 174,309,000 | 181,617,000 | 607,984,000 | 322,112,000 | 323,125,000 | 305,658,000 | |||||||||||||||||||||||||
total liabilities and stockholders' equity | 755,871,000 | 770,956,000 | 768,871,000 | 775,546,000 | 801,606,000 | 756,394,000 | 707,572,000 | 753,593,000 | 631,725,000 | 186,930,000 | 203,762,000 | ||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 2,400,000 | 2,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility | 61,500,000 | 66,500,000 | 70,000,000 | 82,000,000 | 13,025,000 | 10,525,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
term loan and revolving credit facility | 44,488,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loan | 47,488,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued loss contingency | 14,500,000 | 8,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue, net of current portion | 356,000 | 458,000 | 497,000 | 535,000 | 520,000 | 568,000 | 665,000 | 623,000 | 660,000 | 581,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock, and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior secured notes payable | 60,450,000 | 61,350,000 | 60,450,000 | 61,350,000 | 115,828,000 | 168,661,000 | 181,248,000 | 182,855,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
series a embedded derivative liabilities | 12,881,000 | 11,812,000 | 16,835,000 | 22,389,000 | 23,599,000 | 14,506,000 | 18,448,000 | 41,411,000 | 41,191,000 | 40,419,000 | 26,728,000 | 25,682,000 | 29,513,000 | 21,682,000 | 17,974,000 | ||||||||||||||||||||||||||||||||||||||||||
series b warrant liabilities | 82,018,000 | 73,152,000 | 84,780,000 | 59,742,000 | 96,781,000 | 73,118,000 | 96,378,000 | 229,637,000 | 230,539,000 | 225,956,000 | 52,341,000 | 42,796,000 | 58,290,000 | 6,231,000 | |||||||||||||||||||||||||||||||||||||||||||
series a redeemable convertible preferred stock, par value 0.001 per share... | 23,154,000 | 21,478,000 | 19,924,000 | 18,482,000 | 17,145,000 | 15,904,000 | 14,753,000 | 13,686,000 | 12,695,000 | 11,777,000 | 10,924,000 | 10,134,000 | 9,400,000 | 8,720,000 | 8,089,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock, and stockholders' equity | 633,545,000 | 529,147,000 | 534,708,000 | 556,604,000 | 482,928,000 | 485,269,000 | 561,699,000 | 661,440,000 | 798,856,000 | 749,834,000 | 627,732,000 | 568,958,000 | 515,520,000 | 426,515,000 | 394,146,000 | 213,721,000 | 218,161,000 | ||||||||||||||||||||||||||||||||||||||||
leased right-of-use assets | 1,488,000 | 910,000 | 1,614,000 | 2,005,000 | 2,393,000 | 2,415,000 | 2,334,000 | 2,027,000 | 671,000 | 759,000 | 845,000 | 951,000 | 1,101,000 | 1,249,000 | 1,395,000 | 1,264,000 | |||||||||||||||||||||||||||||||||||||||||
long-term restricted cash | 418,000 | 35,424,000 | 35,422,000 | 35,419,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
series a warrant liabilities | 9,396,000 | 12,785,000 | 10,395,000 | 11,291,000 | 18,527,000 | 18,464,000 | 18,243,000 | 6,640,000 | 5,604,000 | 6,952,000 | 2,610,000 | 3,568,000 | |||||||||||||||||||||||||||||||||||||||||||||
equity securities at fair value | 81,384,000 | 126,345,000 | 246,484,000 | 361,778,000 | 387,120,000 | 134,938,000 | 180,320,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities - equity method investments | 72,106,000 | 73,020,000 | 30,934,000 | 30,934,000 | 31,840,000 | 31,839,000 | 33,665,000 | 30,673,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued patent investment costs | 5,000,000 | 8,000,000 | 10,000,000 | 10,000,000 | 3,750,000 | 225,000 | 1,000,000 | 900,000 | 16,700,000 | 4,000,000 | 6,000,000 | 19,250,000 | |||||||||||||||||||||||||||||||||||||||||||||
investment at fair value | 2,752,000 | 982,000 | 4,063,000 | 1,387,000 | 1,500,000 | 2,674,000 | 9,070,000 | 5,483,000 | 7,459,000 | 36,648,000 | 75,004,000 | 63,657,000 | 49,817,000 | ||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 761,000 | 930,000 | 11,515,000 | 14,041,000 | 14,036,000 | 11,523,000 | 10,725,000 | 10,721,000 | 10,718,000 | 10,718,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other receivable | 21,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
patents, net of accumulated amortization | 39,826,000 | 42,438,000 | 45,050,000 | 16,912,000 | 18,071,000 | 19,245,000 | 12,550,000 | 7,814,000 | 8,671,000 | 9,534,000 | 9,681,000 | 6,587,000 | 18,147,000 | 23,099,000 | 56,587,000 | 75,233,000 | 80,804,000 | 162,642,000 | 249,486,000 | 262,337,000 | 274,659,000 | 286,636,000 | 269,435,000 | 282,524,000 | 290,197,000 | 288,432,000 | 296,272,000 | 303,489,000 | 305,809,000 | 313,529,000 | 226,317,000 | 214,204,000 | 171,262,000 | 25,188,000 | 14,665,000 | 17,586,000 | |||||||||||||||||||||
senior secured notes payable - short-term | 145,477,000 | 116,211,000 | 115,663,000 | 113,933,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities - debt | 88,963,000 | 93,843,000 | 86,390,000 | 90,482,000 | 93,756,000 | 33,642,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities - equity | 109,103,000 | 24,471,000 | 19,697,000 | 10,470,000 | 17,140,000 | 16,080,000 | 10,934,000 | 831,000 | 3,012,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investment securities - private equity | 143,257,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities - private | 116,009,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities derivative | 17,818,000 | 7,369,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities forward contract | 340,000 | 75,534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid investment | 42,900,000 | 93,956,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior secured notes payable - short term | 113,401,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 8,195,000 | 8,195,000 | 8,195,000 | 8,195,000 | 8,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 8,268,000 | 9,461,000 | 11,448,000 | 8,347,000 | 9,067,000 | 8,855,000 | 9,040,000 | 9,239,000 | 11,712,000 | 22,688,000 | 11,424,000 | 14,580,000 | 17,347,000 | 17,477,000 | 11,525,000 | 12,705,000 | 14,860,000 | 16,564,000 | 16,788,000 | 12,295,000 | 11,555,000 | 8,407,000 | 6,625,000 | 7,201,000 | 9,179,000 | ||||||||||||||||||||||||||||||||
other current liabilities | 29,000 | 35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 2,050,000 | 2,131,000 | 916,000 | 1,674,000 | 1,874,000 | 2,471,000 | 1,805,000 | 577,000 | 380,000 | 362,000 | 354,000 | 345,000 | 311,000 | 291,000 | 271,000 | 250,000 | 228,000 | 310,000 | 319,000 | 319,000 | 319,000 | 1,322,000 | 2,323,000 | 494,000 | 415,000 | 659,000 | 654,000 | 642,000 | 632,000 | 608,000 | 649,000 | ||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total acacia research corporation stockholders’ equity | 185,001,000 | 189,393,000 | 200,298,000 | 232,863,000 | 265,460,000 | 243,696,000 | 256,128,000 | 272,882,000 | 262,902,000 | 302,048,000 | 310,211,000 | 429,986,000 | 461,294,000 | 468,150,000 | 483,557,000 | 501,538,000 | 516,243,000 | 528,881,000 | 555,710,000 | 597,129,000 | 610,985,000 | 623,448,000 | 611,502,000 | 615,977,000 | 619,836,000 | ||||||||||||||||||||||||||||||||
total stockholders’ equity | 186,834,000 | 191,240,000 | 202,142,000 | 234,376,000 | 267,053,000 | 245,247,000 | 257,691,000 | 275,002,000 | 266,566,000 | 306,060,000 | 314,155,000 | 439,475,000 | 470,826,000 | 473,219,000 | 489,048,000 | 506,926,000 | 522,051,000 | 535,220,000 | 562,198,000 | 605,273,000 | 618,904,000 | 632,344,000 | 618,478,000 | 621,605,000 | 623,704,000 | ||||||||||||||||||||||||||||||||
accumulated comprehensive loss | -122,000 | -202,000 | -125,000 | -62,000 | -49,000 | -59,000 | -171,000 | -148,000 | -215,000 | -233,000 | -413,000 | -440,000 | -353,000 | -781,000 | -784,000 | -976,000 | -947,000 | -783,000 | -658,000 | -317,000 | -1,166,000 | -1,830,000 | -1,913,000 | ||||||||||||||||||||||||||||||||||
noncontrolling interests in operating subsidiaries | 1,847,000 | 1,551,000 | 1,563,000 | 2,120,000 | 3,664,000 | 4,012,000 | 3,944,000 | 9,489,000 | 9,532,000 | 5,069,000 | 5,491,000 | 5,388,000 | 5,808,000 | 6,339,000 | 6,488,000 | 8,144,000 | 7,919,000 | 8,896,000 | 6,976,000 | 5,628,000 | 3,868,000 | 3,808,000 | 2,163,000 | 1,608,000 | 4,182,000 | ||||||||||||||||||||||||||||||||
short-term investments - debt securities | 30,837,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - equity securities | 3,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 183,000 | 187,000 | 1,193,000 | 407,000 | 336,000 | 365,000 | 365,000 | 1,111,000 | 1,110,000 | 353,000 | 355,000 | 355,000 | 355,000 | 351,000 | 350,000 | 309,000 | 318,000 | 1,016,000 | 986,000 | 138,000 | 137,000 | 417,000 | 462,000 | 465,000 | 465,000 | 467,000 | 513,000 | ||||||||||||||||||||||||||||||
short-term investments | 34,694,000 | 29,359,000 | 55,052,000 | 90,927,000 | 30,326,000 | 32,243,000 | 37,090,000 | 53,289,000 | 58,558,000 | 72,459,000 | 74,798,000 | 95,590,000 | 130,017,000 | 166,998,000 | 171,216,000 | 134,287,000 | 89,475,000 | 146,647,000 | 132,496,000 | 134,185,000 | 6,597,000 | 6,514,000 | |||||||||||||||||||||||||||||||||||
investment - equity method | 2,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan receivable and accrued interest | 19,749,000 | 8,474,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in warrants and shares | 2,196,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 94,000 | 155,000 | 189,000 | 231,000 | 319,000 | 374,000 | 421,000 | 634,000 | 701,000 | 782,000 | 766,000 | 778,000 | 607,000 | 536,000 | 339,000 | 317,000 | 342,000 | 212,000 | 220,000 | 232,000 | 172,000 | ||||||||||||||||||||||||||||||||||||
deferred income taxes | 210,000 | 210,000 | 210,000 | 210,000 | 1,161,000 | 1,161,000 | 1,161,000 | 1,161,000 | 3,139,000 | 3,139,000 | 3,747,000 | 4,874,000 | 17,748,000 | 17,279,000 | 27,831,000 | 27,831,000 | 33,616,000 | 32,592,000 | 32,363,000 | ||||||||||||||||||||||||||||||||||||||
investment at cost | 1,720,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
patents | 94,716,000 | 100,958,000 | 151,882,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax | 210,000 | 1,161,000 | 3,139,000 | 3,139,000 | 19,974,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture and equipment, net of accumulated depreciation and amortization | 272,000 | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued patent acquisition costs | 4,000,000 | 8,750,000 | 6,508,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses / costs | 16,310,000 | 15,592,000 | 17,127,000 | 9,485,000 | 16,388,000 | 18,648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investments - noncurrent | 1,506,000 | 1,956,000 | 1,956,000 | 1,956,000 | 1,975,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated comprehensive income | 382,000 | 797,000 | 600,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||
net income including noncontrolling interests in subsidiaries | 4,773,000 | -2,394,000 | -1,437,000 | 23,528,000 | -14,023,000 | -11,657,000 | -8,829,000 | -189,000 | 75,500,000 | 2,762,000 | -18,779,000 | 9,447,000 | -18,579,000 | 28,396,000 | -47,490,000 | -73,266,000 |
adjustments to reconcile net income including noncontrolling interests in subsidiaries to net cash from operating activities: | ||||||||||||||||
depreciation, depletion and amortization | 10,457,000 | 10,836,000 | 11,445,000 | 10,610,000 | 11,839,000 | 9,762,000 | 7,405,000 | 4,568,000 | ||||||||
accretion of asset retirement obligation | 435,000 | 432,000 | 433,000 | 434,000 | 366,000 | 366,000 | ||||||||||
loss on disposal of assets | ||||||||||||||||
compensation expense for share-based awards | 1,987,000 | 1,875,000 | 954,000 | 922,000 | 2,265,000 | 781,000 | 891,000 | 858,000 | 973,000 | 973,000 | 874,000 | 477,000 | 532,000 | 1,031,000 | 1,083,000 | 1,174,000 |
loss on foreign currency exchange | -1,206,000 | 1,903,000 | 1,814,000 | 813,000 | ||||||||||||
change in fair value of equity securities | -2,750,000 | -900,000 | -2,219,000 | 4,777,000 | -4,107,000 | 4,074,000 | 4,744,000 | 26,701,000 | -12,640,000 | -8,823,000 | -6,617,000 | -3,343,000 | -2,507,000 | 36,352,000 | 57,647,000 | 172,203,000 |
loss on sale of equity securities | ||||||||||||||||
unrealized loss on derivatives | 4,978,000 | 2,772,000 | 629,000 | |||||||||||||
deferred income taxes | 1,230,000 | -37,000 | 5,430,000 | -7,287,000 | -3,652,000 | -2,594,000 | -446,000 | -377,000 | -240,000 | -1,839,000 | -471,000 | -461,000 | -15,039,000 | |||
changes in operating assets and liabilities: | ||||||||||||||||
accounts receivable | 948,000 | -3,785,000 | 72,315,000 | -68,814,000 | -485,000 | 7,983,000 | -3,429,000 | 65,156,000 | -73,295,000 | 353,000 | 3,080,000 | -451,000 | -1,244,000 | 6,581,000 | -4,657,000 | 318,000 |
inventories | -783,000 | -765,000 | 540,000 | 1,220,000 | 2,351,000 | 71,000 | -2,409,000 | 1,041,000 | 1,454,000 | 1,631,000 | 719,000 | -503,000 | -419,000 | -1,747,000 | -2,041,000 | -1,084,000 |
prepaid expenses and other assets | -2,002,000 | 830,000 | -4,842,000 | 728,000 | -5,956,000 | 576,000 | 6,803,000 | -10,752,000 | 575,000 | 370,000 | -1,374,000 | -391,000 | -4,908,000 | 2,057,000 | -1,889,000 | -1,246,000 |
accounts payable and accrued expenses | -2,312,000 | 2,904,000 | 1,328,000 | 1,223,000 | -16,253,000 | -12,400,000 | 13,421,000 | 7,108,000 | 972,000 | 5,001,000 | -12,979,000 | 2,355,000 | -5,120,000 | 4,261,000 | -3,538,000 | 4,261,000 |
royalties and contingent legal fees payable | -217,000 | 1,298,000 | -21,018,000 | 21,249,000 | -745,000 | 1,324,000 | 1,894,000 | -7,811,000 | 154,000 | 717,000 | -480,000 | 360,000 | -2,559,000 | 677,000 | 279,000 | -161,000 |
deferred revenue | -90,000 | 24,000 | 157,000 | 7,000 | 202,000 | 454,000 | -184,000 | 25,000 | -188,000 | 89,000 | -167,000 | -71,000 | -271,000 | 66,000 | -113,000 | 418,000 |
net cash from operating activities | 13,150,000 | 9,547,000 | 50,120,000 | 2,425,000 | -20,262,000 | -571,000 | 16,116,000 | 54,839,000 | -4,544,000 | 1,160,000 | -14,773,000 | -4,349,000 | -23,738,000 | 3,955,000 | -14,390,000 | -3,163,000 |
capital expenditures | -1,119,000 | -461,000 | 0 | -2,090,000 | -3,290,000 | -2,234,000 | -142,873,000 | -270,000 | -37,000 | -15,000 | -54,000 | -83,000 | -180,000 | -142,000 | -376,000 | -34,000 |
free cash flows | 12,031,000 | 9,086,000 | 50,120,000 | 335,000 | -23,552,000 | -2,805,000 | -126,757,000 | 54,569,000 | -4,581,000 | 1,145,000 | -14,827,000 | -4,432,000 | -23,918,000 | 3,813,000 | -14,766,000 | -3,197,000 |
cash flows from investing activities: | ||||||||||||||||
acquisition, net of cash acquired and working capital adjustments | 0 | 0 | 0 | 1,230,000 | ||||||||||||
patent acquisition | 0 | -5,000,000 | 0 | 0 | ||||||||||||
proceeds from sale of floor mat assets | ||||||||||||||||
purchases of equity securities | -7,337,000 | -4,825,000 | -7,716,000 | -4,827,000 | -4,928,000 | 0 | 0 | -15,544,000 | -4,394,000 | -2,835,000 | -677,000 | -5,166,000 | -4,605,000 | 0 | -14,660,000 | -92,877,000 |
sales of equity securities | 16,192,000 | 0 | 8,439,000 | 6,726,000 | 0 | 0 | 0 | 57,854,000 | 16,908,000 | 0 | 7,166,000 | 8,032,000 | 37,770,000 | 44,670,000 | 88,652,000 | 102,842,000 |
purchases of loans receivable | -11,819,000 | |||||||||||||||
purchases of property and equipment | -1,119,000 | -461,000 | -37,000 | -15,000 | -54,000 | -83,000 | -180,000 | -142,000 | -376,000 | -34,000 | ||||||
net additions to oil and gas properties | -5,213,000 | -5,598,000 | ||||||||||||||
net cash from investing activities | -6,308,000 | -14,248,000 | -1,490,000 | 1,039,000 | -95,896,000 | -7,234,000 | -151,873,000 | 42,040,000 | 7,561,000 | -601,000 | 6,435,000 | 2,783,000 | 60,211,000 | 45,706,000 | 68,616,000 | 9,931,000 |
cash flows from financing activities: | ||||||||||||||||
repurchase of common stock | -12,985,000 | 0 | -11,480,000 | -28,520,000 | -10,988,000 | |||||||||||
contributions from noncontrolling interest | 0 | 0 | ||||||||||||||
borrowings on the benchmark revolving credit facility | 1,000,000 | |||||||||||||||
paydown of benchmark revolving credit facility | 0 | -3,500,000 | ||||||||||||||
borrowings on the deflecto facility | ||||||||||||||||
paydown of deflecto facility | -2,988,000 | |||||||||||||||
taxes paid related to net share settlement of share-based awards | -5,000 | 0 | -199,000 | -471,000 | -24,000 | 0 | -394,000 | -674,000 | -19,000 | 0 | -179,000 | -416,000 | -80,000 | -1,017,000 | -431,000 | -72,000 |
proceeds from exercise of stock options | 0 | 0 | 0 | 0 | 0 | 29,000 | ||||||||||
net cash from financing activities | -1,993,000 | -10,400,000 | -4,269,000 | -6,071,000 | 30,979,000 | -19,303,000 | 84,054,000 | 1,826,000 | -7,719,000 | -10,971,000 | -673,000 | 77,995,000 | 8,470,000 | -68,197,000 | -79,650,000 | -26,760,000 |
effect of exchange rates on cash and cash equivalents | 90,000 | 160,000 | 396,000 | 691,000 | -991,000 | 170,000 | -71,000 | -34,000 | 60,000 | -43,000 | -28,000 | 12,000 | 969,000 | |||
increase in cash and cash equivalents | 4,939,000 | -14,941,000 | 44,757,000 | -1,916,000 | -86,170,000 | -26,938,000 | -51,774,000 | 98,671,000 | -4,642,000 | -10,455,000 | -9,039,000 | 76,441,000 | ||||
cash and cash equivalents, beginning of period | ||||||||||||||||
cash and cash equivalents, end of period | ||||||||||||||||
supplemental schedule of cash flow information: | ||||||||||||||||
interest paid | 2,351,000 | 2,258,000 | 130,000 | 319,000 | 133,000 | 580,000 | 1,798,000 | 552,000 | ||||||||
income taxes paid | 588,000 | 76,000 | 268,000 | 116,000 | 109,000 | 171,000 | 404,000 | 147,000 | 175,000 | 172,000 | 35,000 | 2,000 | ||||
noncash investing and financing activities: | ||||||||||||||||
operating lease right-of-use assets obtained in exchange for lease liabilities | ||||||||||||||||
derecognition of operating lease right-of-use assets upon lease termination | ||||||||||||||||
derecognition of operating lease liabilities upon lease termination | ||||||||||||||||
patent acquisition of prepaid option | 0 | 0 | 0 | 15,000,000 | ||||||||||||
(gain) loss on foreign currency exchange | 30,000 | -280,000 | -155,000 | -28,000 | 70,000 | -15,000 | -80,000 | |||||||||
gain on sale of equity securities | 0 | -1,907,000 | -1,605,000 | 1,570,000 | 0 | 7,999,000 | 1,361,000 | -10,884,000 | -36,060,000 | -11,498,000 | -66,876,000 | |||||
unrealized gain on derivatives | 4,528,000 | |||||||||||||||
changes in assets and liabilities: | ||||||||||||||||
cash and cash equivalents, beginning | 0 | 0 | 273,880,000 | 0 | 0 | 0 | 340,091,000 | 0 | 0 | 0 | 287,786,000 | |||||
cash and cash equivalents, ending | -14,941,000 | 44,757,000 | 271,964,000 | -86,170,000 | -26,938,000 | -51,774,000 | 438,762,000 | -4,642,000 | -10,455,000 | -9,039,000 | 364,227,000 | |||||
amortization of debt discount and issuance costs | 0 | 34,000 | 5,000 | 51,000 | ||||||||||||
unrealized (gain) loss on derivatives | ||||||||||||||||
paydown of deflecto term loan | ||||||||||||||||
accrued patent costs | 9,000,000 | -4,000,000 | 6,000,000 | |||||||||||||
deferred income taxes, net of acquired net deferred tax assets | 3,323,000 | |||||||||||||||
purchases of property and equipment and additions to oil and gas properties | -2,090,000 | |||||||||||||||
borrowings on the revolving credit facility | 14,535,000 | 0 | 68,975,000 | 2,500,000 | ||||||||||||
paydown of revolving credit facility | -5,000,000 | -18,035,000 | ||||||||||||||
paydown of term loan | -600,000 | |||||||||||||||
change in fair value of series a redeemable convertible preferred stock embedded derivatives | 0 | 0 | 1,069,000 | -5,023,000 | -5,554,000 | -1,210,000 | 9,093,000 | -3,942,000 | ||||||||
change in fair value of series b warrants | 0 | 0 | 8,866,000 | -11,628,000 | 25,038,000 | -37,039,000 | 23,663,000 | -23,260,000 | ||||||||
gain on exercise of series b warrants | 0 | |||||||||||||||
gain on foreign currency exchange | 298,000 | -16,000 | 70,000 | 18,000 | ||||||||||||
(gain) loss on sale of equity securities | 0 | 0 | 0 | -28,861,000 | ||||||||||||
earnings on equity investment in joint venture | -792,000 | 404,000 | -850,000 | |||||||||||||
acquisition, net of cash acquired | ||||||||||||||||
cash reinvested | ||||||||||||||||
distributions received from equity investment in joint venture | 528,000 | 27,226,000 | ||||||||||||||
net purchases of property and equipment and additions to oil and gas properties | -3,290,000 | -2,234,000 | -142,873,000 | -270,000 | ||||||||||||
paydown of senior secured notes | 0 | 0 | -55,000,000 | -50,000,000 | -15,000,000 | |||||||||||
borrowings on the term loan | ||||||||||||||||
dividend on series a redeemable convertible preferred stock | 0 | 0 | -700,000 | -700,000 | -700,000 | -700,000 | -699,000 | -700,000 | ||||||||
proceeds from rights offering | 0 | 0 | 0 | 79,111,000 | ||||||||||||
proceeds from exercise of series b warrants | 0 | |||||||||||||||
distribution to noncontrolling interests in subsidiaries | 264,000 | 13,540,000 | ||||||||||||||
change in fair value of series a warrants | 0 | -3,389,000 | 2,390,000 | -896,000 | ||||||||||||
loss on exercise of series a warrants | ||||||||||||||||
proceeds from exercise of series a warrants | ||||||||||||||||
depreciation and amortization | 3,363,000 | 3,408,000 | 3,381,000 | 3,374,000 | 3,363,000 | 3,408,000 | 3,369,000 | |||||||||
change in fair value of investment | ||||||||||||||||
gain on sale of investment | ||||||||||||||||
sale of investment at fair value | ||||||||||||||||
cash distributed for notes receivable | ||||||||||||||||
issuance of senior secured notes, net of lender fee | ||||||||||||||||
increase in cash and cash equivalents and restricted cash | 45,912,000 | -22,071,000 | ||||||||||||||
cash and cash equivalents and restricted cash, beginning | 0 | 0 | 0 | 309,361,000 | ||||||||||||
cash and cash equivalents and restricted cash, ending | 45,912,000 | -22,071,000 | -25,424,000 | 289,369,000 | ||||||||||||
patent acquisition in exchange of notes receivable | ||||||||||||||||
patent acquisition accrued liabilities | ||||||||||||||||
decrease in cash and cash equivalents and restricted cash | -19,992,000 | |||||||||||||||
gain on sale of prepaid investment and derivative | ||||||||||||||||
deferred income tax liabilities | ||||||||||||||||
maturities and sales of debt securities | ||||||||||||||||
acquisition of life sciences portfolio equity securities | ||||||||||||||||
distributions to noncontrolling interests in operating subsidiary | ||||||||||||||||
senior secured notes issuance costs paid to other parties | ||||||||||||||||
issuance of series b warrants |
