SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The Company's segment information is as follows:

	Three Months Ended September 30,
	2022
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Revenues:
License fees	$	6,320	$	—	$	6,320
Printers and parts	—		3,799		3,799
Consumable products	—		4,710		4,710
Services	—		1,049		1,049
Total revenues	6,320		9,558		15,878
Cost of revenues:
Inventor royalties	732		—		732
Contingent legal fees	1,010		—		1,010
Litigation and licensing expenses	939		—		939
Amortization of patents	2,601		—		2,601
Cost of sales	—		4,648		4,648
Total cost of revenues	5,282		4,648		9,930
Segment gross profit	1,038		4,910		5,948
Other operating expenses:
Engineering and development expenses	—		156		156
Sales and marketing expenses	—		2,119		2,119
Amortization of intangible assets	—		433		433
General and administrative expenses	1,527		1,756		3,283
Total other operating expenses	1,527		4,464		5,991
Segment operating (loss) income	$	(489)	$	446	(43)
Parent general and administrative expenses					11,322
Operating loss					(11,365)
Total other income					40,440
Income before income taxes					$	29,075

For comparability purposes, Acacia's three months ended September 30, 2021 general and administrative expenses, as reported in the consolidated statement of operations, were $10.3 million and included parent general and administrative expenses of $8.7 million, which derives a comparative Intellectual Property Operations general and administrative expense amount of approximately $1.6 million.

	Nine Months Ended September 30,
	2022
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Revenues:
License fees	$	16,997	$	—	$	16,997
Printers and parts	—		11,715		11,715
Consumable products	—		14,308		14,308
Services	—		3,082		3,082
Total revenues	16,997		29,105		46,102
Cost of revenues:
Inventor royalties	1,092		—		1,092
Contingent legal fees	2,314		—		2,314
Litigation and licensing expenses	3,272		—		3,272
Amortization of patents	7,802		—		7,802
Cost of sales	—		13,432		13,432
Total cost of revenues	14,480		13,432		27,912
Segment gross profit	2,517		15,673		18,190
Other operating expenses:
Engineering and development expenses	—		491		491
Sales and marketing expenses	—		6,429		6,429
Amortization of intangible assets	—		1,299		1,299
General and administrative expenses	5,050		6,431		11,481
Total other operating expenses	5,050		14,650		19,700
Segment operating (loss) income	$	(2,533)	$	1,023	(1,510)
Parent general and administrative expenses					24,033
Operating loss					(25,543)
Total other expense					(81,216)
Loss before income taxes					$	(106,759)

Schedule of Segment Reporting Information, by Segment

	September 30, 2022		December 31, 2021
	(In thousands)
Equity securities investments:
Equity securities at fair value	$	81,384	$	361,778
Equity securities without readily determinable fair value	5,816		5,816
Investment securities - equity method investments	72,106		30,934
Total parent equity securities investments	159,306		398,528
Other parent assets	103,602		172,726
Segment total assets:
Intellectual property operations	170,421		175,286
Industrial operations	51,940		52,316
Total assets	$	485,269	$	798,856

Revenue from External Customers by Geographic Areas

	Three Months Ended September 30,
	2022
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Revenues by geographic area:
United States	$	6,311	$	3,996	$	10,307
Canada and Latin America	1		217		218
Total Americas	6,312		4,213		10,525
Europe, Middle East and Africa	—		2,282		2,282
China	—		1,403		1,403
India	—		582		582
Asia-Pacific, excluding China and India	8		1,078		1,086
Total Asia-Pacific	8		3,063		3,071
Total revenues	$	6,320	$	9,558	$	15,878

	Nine Months Ended September 30,
	2022
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Revenues by geographic area:
United States	$	16,372	$	11,877	$	28,249
Canada and Latin America	11		769		780
Total Americas	16,383		12,646		29,029
Europe, Middle East and Africa	589		7,088		7,677
China	—		3,627		3,627
India	—		2,563		2,563
Asia-Pacific, excluding China and India	25		3,181		3,206
Total Asia-Pacific	25		9,371		9,396
Total revenues	$	16,997	$	29,105	$	46,102

Long-lived Assets by Geographic Areas

	September 30, 2022
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Long-lived tangible assets by geographic area:
United States	$	333	$	346	$	679
Malaysia	—		2,780		2,780
Other foreign countries	—		241		241
Total	$	333	$	3,367	$	3,700

	December 31, 2021
	Intellectual Property Operations		Industrial Operations		Total
	(In thousands)
Long-lived tangible assets by geographic area:
United States	$	204	$	473	$	677
Malaysia	—		3,203		3,203
Other foreign countries	—		303		303
Total	$	204	$	3,979	$	4,183