CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 438,762	$ 340,091
Equity securities	22,918	63,068
Equity securities without readily determinable fair value	5,816	5,816
Equity method investments	30,934	30,934
Accounts receivable, net	15,372	80,555
Inventories	9,880	10,921
Prepaid expenses and other current assets	29,465	23,127
Total current assets	553,147	554,512
Property, plant and equipment, net	2,090	2,356
Oil and natural gas properties, net	24,952	25,117
Goodwill	8,990	8,990
Other intangible assets, net	29,690	33,556
Operating lease, right-of-use assets	1,717	1,872
Deferred income tax assets, net	6,567	2,915
Other non-current assets	4,572	4,227
Total assets	631,725	633,545
Current liabilities:
Accounts payable	4,702	3,261
Accrued expenses and other current liabilities	3,990	8,405
Accrued compensation	4,624	4,207
Royalties and contingent legal fees payable	3,011	10,786
Deferred revenue	1,069	977
Accrued loss contingency	8,450	0
Total current liabilities	25,846	27,636
Deferred revenue, net of current portion	356	458
Long-term lease liabilities	1,477	1,736
Revolving credit facility	13,025	10,525
Other long-term liabilities	1,417	3,581
Total liabilities	42,121	43,936
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, par value $0.001 per share; 300,000,000 shares authorized; 100,021,951 and 99,895,473 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	100	100
Treasury stock, at cost, 16,183,703 shares as of March 31, 2024 and December 31, 2023	(98,258)	(98,258)
Additional paid-in capital	906,337	906,153
Accumulated deficit	(239,915)	(239,729)
Total Acacia Research Corporation stockholders' equity	568,264	568,266
Noncontrolling interests	21,340	21,343
Total stockholders' equity	589,604	589,609
Total liabilities and stockholders' equity	$ 631,725	$ 633,545