UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Revenues:
Total revenues	$ 124,422	$ 24,320
Costs and expenses:
Cost of revenues - intellectual property operations	65,485	12,365
Sales and marketing expenses - industrial and manufacturing operations	3,312	1,555
General and administrative expenses	17,320	12,487
Total costs and expenses	86,117	26,407
Operating income (loss)	38,305	(2,087)
Equity securities investments:
Change in fair value of equity securities	(4,777)	(26,701)
Gain on sale of equity securities	1,605	28,861
Net realized and unrealized (loss) gain	(3,172)	2,160
Non-recurring legacy legal expense	0	(6,243)
Loss on derivatives - energy operations	(5,021)	171
Gain (loss) on foreign currency exchange	155	(68)
Interest expense	(2,451)	(326)
Interest income and other, net	1,793	5,095
Total other (expense) income	(8,696)	789
Income (loss) before income taxes	29,609	(1,298)
Income tax (expense) benefit	(6,081)	1,109
Net income (loss) including noncontrolling interests in subsidiaries	23,528	(189)
Net loss attributable to noncontrolling interests in subsidiaries	759	3
Net income (loss) attributable to Acacia Research Corporation	24,287	(186)
Income (loss) per share:
Net income (loss) attributable to common stockholders - Basic	$ 24,287	$ (186)
Weighted average number of shares outstanding - Basic	96,018,047	99,745,905
Basic net income (loss) per common share (in usd per share)	$ 0.25	$ 0
Net income (loss) attributable to common stockholders - Diluted	$ 24,287	$ (186)
Weighted average number of shares outstanding - Diluted	96,981,413	99,745,905
Diluted net income (loss) per common share (in usd per share)	$ 0.25	$ 0
Foreign currency translation	$ 662	$ 0
Other comprehensive income	662	0
Total comprehensive income (loss)	24,190	(189)
Comprehensive loss attributable to noncontrolling interests	759	3
Comprehensive income (loss) attributable to Acacia Research Corporation	24,949	(186)
Intellectual property operations
Revenues:
Total revenues	69,905	13,623
Costs and expenses:
Cost of revenues - intellectual property operations	27,912	7,001
Industrial operations
Revenues:
Total revenues	7,676	8,841
Costs and expenses:
Cost of revenues - intellectual property operations	4,064	4,049
Energy operations
Revenues:
Total revenues	18,306	1,856
Costs and expenses:
Cost of revenues - intellectual property operations	12,698	1,315
Manufacturing Operations
Revenues:
Total revenues	28,535	0
Costs and expenses:
Cost of revenues - intellectual property operations	$ 20,811	$ 0