ACQUISITION (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Business Acquisition, Pro Forma Information

The following unaudited pro forma summary presents consolidated information, as if the business combination had occurred on January 1, 2020:

	Years Ended December 31,
	2021		2020
	(Unaudited, in thousands)
Pro forma:
Revenues	$	119,725	$	67,663
Net income attributable to Acacia Research Corporation	153,641		106,919

Asset Acquisition

The following table summarizes the consideration transferred to acquire Printronix and the recognized amounts of identifiable assets acquired and liabilities assumed at the acquisition date (in thousands):

Fair value of consideration transferred:
Cash	$	35,937
Transaction expenses paid to Sellers	1,405
Other purchase price adjustments	(200)
Total consideration	37,142
Identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	3,892
Trade receivables	8,281
Inventories	10,837
Prepaid expenses and other current assets	2,786
Property, plant and equipment, net	4,261
Leased right-of-use assets	1,590
Customer relationships	5,300
Trade names and trademarks	3,430
Patents	3,400
Other assets	752
Trade and other payables	(7,849)
Deferred revenue	(1,941)
Long-term lease liabilities	(1,590)
Other long-term liabilities	(3,477)
Total identifiable net assets	29,672
Goodwill	$	7,470