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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues $ 3,387,000 $ 62,093,000
Operating costs and expenses    
Inventor royalties 1,353,000 21,744,000
Contingent legal fees 177,000 15,759,000
Patent acquisition expenses 0 4,000,000
Litigation and licensing expenses - patents 3,801,000 2,989,000
Amortization of patents 656,000 5,330,000
Other portfolio expenses 650,000 0
Total portfolio operations 6,637,000 49,822,000
Net portfolio income (3,250,000) 12,271,000
General and administrative expenses(1) 3,695,000 3,301,000
Net income (loss) (6,945,000) 8,970,000
Change in fair value of investment, net 6,908,000 (41,097,000)
Loss on Sale of Investments (5,590,000) 0
Interest income and other 1,543,000 207,000
Total other income (expense) 2,861,000 (40,890,000)
Loss before provision for income taxes (4,084,000) (31,920,000)
Provision for income taxes (314,000) (191,000)
Net loss including noncontrolling interests in subsidiaries (4,398,000) (32,111,000)
Net loss attributable to noncontrolling interests in subsidiaries 14,000 73,000
Net loss attributable to Acacia Research Corporation (4,384,000) (32,038,000)
Net Income (Loss) Available to Common Stockholders, Basic $ (4,384,000) $ (32,038,000)
Earnings Per Share, Basic and Diluted $ (0.09) $ (0.63)
Weighted Average Number of Shares Outstanding, Basic and Diluted 49,655,881 50,632,958
General and administrative expenses excluding share-based compensation $ 3,703,000 $ 4,325,000
Non-cash stock compensation general and administrative (8,000) 704,000
Non-cash stock compensation - profits interests $ 0 $ (1,728,000)