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ACQUISITION (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Summary of Pro Forma
The following unaudited pro forma summary presents consolidated information, as if the business combination had occurred on January 1, 2023:
Years Ended
December 31,
20242023
(Unaudited, in thousands)
Pro forma:
Revenues$246,644 $313,839 
Net (loss) income attributable to Acacia Research Corporation(24,540)62,877 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the consideration transferred to acquire Deflecto and the recognized amounts of identifiable assets and acquired liabilities assumed at the acquisition date (in thousands):
Fair value of consideration transferred:
Cash$59,898 
Closing indebtedness21,391 
Transaction expenses paid to Sellers
15,290 
Adjustment and indemnity escrow amount2,415 
Total consideration$98,994 
Identifiable assets acquired and liabilities assumed:
Cash and cash equivalents$11,316 
Accounts receivables15,705 
Inventories17,617 
Prepaid expenses and other current assets4,498 
Deferred tax assets11,273 
Property, plant and equipment, net23,203 
Operating lease, right-of-use assets8,841 
Customer relationships20,200 
Trade names and trademarks 8,600 
Developed technology1,000 
Favorable leases704 
Accounts payable(8,836)
Accrued expenses(17,172)
Liability for sales tax and fees(7,000)
Current lease liabilities(2,614)
Long-term lease liabilities(6,354)
Deferred tax liabilities(2,615)
Total identifiable net assets$78,366 
Goodwill$20,628