← ACACIA RESEARCH CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $862k $3.5m $131.5m $11.2m $29.8m $88.0m $59.2m $125.1m $122.3m $285.2m
Cost of Goods and Services Sold $577k $2.3m $88.1m $7.5m $24.8m $37.8m $37.4m $52.8m $92.7m $200.8m
Gross Profit (derived) $285k $1.1m $43.4m $3.7m $5.0m $50.2m $21.8m $72.3m $29.7m $84.5m
Operating expenses:
Operating Income (Loss) ($37.4m) ($27.3m) ($24.8m) ($23.4m) ($19.5m) $14.5m ($40.1m) $20.9m ($32.9m) $6.4m
Additional Financial Items
Income (Loss) from Equity Method Investments — ($220k) $0 — — — — — — —
Amortization of Intangible Assets $34.2m $22.2m $27.1m $3.2m $4.7m $10.3m $12.1m $13.1m $18.4m $24.0m
Debt and Equity Securities, Gain (Loss) — — — — $7.4m $207.2m ($95.8m) $24.7m ($2.6m) $1.1m
Debt Securities, Realized Gain (Loss) — — — — $7.4m $116.1m $125.3m ($10.9m) $28.9m ($25k)
Equity Securities, FV-NI, Realized Gain (Loss) — — — — $7.4m $116.1m $125.3m ($10.9m) $28.9m ($25k)
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — $145k $176.2m $102.1m $0 $31.4m $31.4m $1.1m
Foreign Currency Transaction Gain (Loss), before Tax — — — $2k ($4.9m) ($89k) ($3.3m) $53k ($370k) $414k
Foreign Currency Transaction Gain (Loss), Realized — — — ($2k) ($4.9m) ($89k) ($3.3m) $53k ($370k) $414k
Gain (Loss) on Investments — — — $669k $13.7m $839k — — — —
Goodwill, Impairment Loss $0 $0 — — — $0 $0 — $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $36.6m $24.6m $103.7m $19.0m $112.3m $175.6m ($126.8m) $70.9m ($40.4m) $28.8m
Interest and Other Income — — ($78.9m) $5.5m $838k $501k — — — —
Interest Income, Other $862k — $969k — — $69k $291k $146k — —
Other Income — $1.0m — — — — — — — —
Preferred Stock Dividends, Income Statement Impact — — — — $1.4m $1.5m $2.8m $1.4m $0 —
Realized Investment Gains (Losses) — — ($19.1m) — ($1.1m) — — — — —
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — $33k $0 — $18.9m $25.1m $0 $3.9m $0 —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($36.6m) $24.6m ($103.7m) ($19.0m) $112.3m $174.7m ($127.2m) $67.4m ($38.1m) $31.3m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $54.8m $21.7m $104.8m ($17.1m) $113.4m $150.4m ($110.9m) $68.9m ($34.7m) $24.5m
Net Income (Loss) Attributable to Parent ($54.1m) $22.2m ($105.0m) ($17.1m) $113.4m $149.2m ($125.1m) $67.1m ($36.1m) $21.7m
Net Income (Loss) Available to Common Stockholders, Basic ($54.1m) $22.1m ($105.0m) ($17.4m) $90.3m $118.8m ($133.0m) $55.1m ($36.1m) $21.7m
Net Income (Loss) Attributable to Noncontrolling Interest ($732k) ($496k) $181k ($14k) $0 $1.2m $14.1m $1.9m $1.4m $2.8m
Earnings Per Share, Basic $0.00 $0.00 ($2.10) ($0.35) $1.85 $2.43 ($3.13) $0.73 ($0.36) $0.23
Earnings Per Share, Diluted ($1.08) $0.44 ($2.10) ($0.40) $1.54 $1.91 ($3.13) $0.58 ($0.36) $0.22
Weighted Average Number of Shares Outstanding, Basic 50.1m 50.5m 50.0m 49.8m 48.8m 48.8m 42.5m 75.3m 99.2m 96.3m
Weighted Average Number of Shares Outstanding, Diluted — 50.7m 50.0m 50.9m 57.4m 98.5m 42.5m 92.4m 99.2m 97.2m
General and Administrative Expense $32.9m $26.0m $18.9m $16.4m $24.5m $35.7m $52.7m $43.7m $55.4m $65.1m
Other Nonoperating Income (Expense) $798k $51.9m ($1.6m) — — — $5.4m $15.5m $17.0m ($2.0m)
Cost, Depreciation and Amortization — — — — — $438k $1.4m $1.4m $2.6m $4.4m
Current Income Tax Expense (Benefit) $18.2m $3.0m $1.2m $1.8m $1.2m ($8.5m) ($1.1m) ($2.2m) ($3.1m) ($2.4m)
Interest Expense, Debt — — — — $5.9m $7.9m $6.4m $1.9m $6.4m $9.0m
Other Cost and Expense, Operating $500k $1.2m $2.6m $1.8m — — — — — —
Research and Development Expense — — — — — $200k $626k $735k — —
Selling and Marketing Expense — — — — — $1.5m $8.6m $6.9m $7.2m $13.0m
Income Tax Expense (Benefit) $18.2m $3.0m $1.2m ($1.8m) ($1.2m) $24.3m ($16.2m) ($1.5m) ($3.4m) $6.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.