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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 6,485,000 $ 16,457,000 $ 68,578,000 $ 25,311,000
Operating costs and expenses        
Inventor royalties 1,241,000 4,273,000 22,985,000 4,939,000
Contingent legal fees 1,037,000 3,236,000 16,796,000 3,863,000
Other Cost of Operating Revenue 0 0 4,000,000 0
Litigation and licensing expenses - patents 2,130,000 4,134,000 4,875,000 10,520,000
Amortization of patents 5,278,000 5,571,000 10,608,000 11,086,000
General and administrative expenses(1) 7,098,000 6,734,000 10,477,000 13,650,000
Other expenses - business development 327,000 433,000 493,000 753,000
Impairment of Intangible Assets (Excluding Goodwill) 29,210,000 0 29,210,000 0
Total operating costs and expenses 46,321,000 24,381,000 99,444,000 44,811,000
Operating loss (39,836,000) (7,924,000) (30,866,000) (19,500,000)
Gain on Conversion of Loan and Accrued Interest 0 2,671,000 0 2,671,000
Gain on exercise of warrant 0 4,616,000 0 4,616,000
Change in fair value of investment, net 11,347,000 (12,698,000) (29,750,000) (12,698,000)
Income (Loss) from Equity Method Investments 0 (14,000) 0 (14,000)
Interest income and other 268,000 563,000 475,000 1,259,000
Total other income (expense) 11,615,000 (4,862,000) (29,275,000) (4,166,000)
Loss before provision for income taxes (28,221,000) (12,786,000) (60,141,000) (23,666,000)
Provision for income taxes (285,000) (1,478,000) (476,000) (2,719,000)
Net loss including noncontrolling interests in subsidiaries (28,506,000) (14,264,000) (60,617,000) (26,385,000)
Net loss attributable to noncontrolling interests in subsidiaries 79,000 12,000 152,000 303,000
Net loss attributable to Acacia Research Corporation (28,427,000) (14,252,000) (60,465,000) (26,082,000)
Net Income (Loss) Available to Common Stockholders, Basic $ (28,427,000) $ (14,252,000) $ (60,465,000) $ (26,082,000)
Earnings Per Share, Basic and Diluted $ (0.57) $ (0.28) $ (1.20) $ (0.52)
Weighted Average Number of Shares Outstanding, Basic and Diluted 50,061,812 50,499,248 50,345,808 50,416,611
General and administrative expenses excluding share-based compensation $ 5,892,000 $ 5,247,000 $ 10,295,000 $ 10,035,000
Non-cash stock compensation general and administrative 521,000 1,449,000 1,225,000 3,561,000
Non-cash stock compensation - profits interests $ 685,000 $ 38,000 $ (1,043,000) $ 54,000