INCOME/LOSS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted income/loss per share of common stock:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(In thousands, except share and per share data)
Numerator:
Net loss attributable to Acacia Research Corporation	$	(18,779)	$	(61,503)	$	(9,332)	$	(134,769)
Dividend on Series A redeemable convertible preferred stock	(700)		(699)		(1,400)		(1,399)
Accretion of Series A redeemable convertible preferred stock	(1,676)		(1,241)		(3,230)		(2,392)
Undistributed earnings allocated to participating securities	—		—		—		—
Net loss attributable to common stockholders - Basic	(21,155)		(63,443)		(13,962)		(138,560)
Add: Dividend on Series A redeemable convertible preferred    stock	—		—		—		—
Add: Accretion of Series A redeemable convertible preferred    stock	—		—		—		—
Less: Change in fair value of Series A redeemable    convertible preferred stock embedded derivative	—		—		—		—
Less: Change in fair value of Series A warrants	—		—		—		—
Less: Change in fair value of dilutive Series B warrants	—		—		—		—
Add: Interest expense associated with Starboard Notes,    net of tax	—		—		—		—
Add: Undistributed earnings allocated to participating    securities	—		—		—		—
Reallocation of undistributed earnings to participating    securities	—		—		—		—
Net loss attributable to common stockholders - Diluted	$	(21,155)	$	(63,443)	$	(13,962)	$	(138,560)
Denominator:
Weighted average shares used in computing net (loss) income    per share attributable to common stockholders - Basic	58,408,711		43,988,677		53,219,152		45,259,435
Potentially dilutive common shares:
Series A Redeemable Convertible Preferred Stock	—		—		—		—
Restricted stock units	—		—		—		—
Stock options	—		—		—		—
Series A Warrants	—		—		—		—
Series B Warrants	—		—		—		—
Weighted average shares used in computing net (loss) income    per share attributable to common stockholders - Diluted	58,408,711		43,988,677		53,219,152		45,259,435
Basic net loss per common share	$	(0.36)	$	(1.44)	$	(0.26)	$	(3.06)
Diluted net loss per common share	$	(0.36)	$	(1.44)	$	(0.26)	$	(3.06)
Anti-dilutive potential common shares excluded from the    computation of diluted net income/loss per share:
Equity-based incentive awards	4,759,072		3,711,223		4,759,072		3,711,223
Series A warrants	—		5,000,000		—		5,000,000
Series B warrants	31,506,849		100,000,000		31,506,849		100,000,000
Total	36,265,921		108,711,223		36,265,921		108,711,223