UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenues:
Total revenues	$ 59,446	$ 23,310	$ 235,105	$ 73,468
Costs and expenses:
Cost of revenues - intellectual property operations	46,842	20,959	157,022	52,404
Sales and marketing expenses - industrial and manufacturing operations	3,080	1,391	9,773	4,333
General and administrative expenses	15,950	11,232	48,816	33,848
Total costs and expenses	65,872	33,582	215,611	90,585
Operating (loss) income	(6,426)	(10,272)	19,494	(17,117)
Equity securities investments:
Change in fair value of equity securities	900	(4,074)	(1,658)	(35,519)
Gain on sale of equity securities	0	0	3,512	28,861
Net realized and unrealized gain (loss)	900	(4,074)	1,854	(6,658)
Non-recurring legacy legal expense	0	(2,000)	0	(14,857)
Gain on derivatives - energy operations	1,872	8,034	3,486	5,546
(Loss) gain on foreign currency exchange	(30)	130	405	(72)
Interest expense	(2,230)	(1,945)	(7,010)	(4,085)
Interest income	3,001	4,540	8,447	14,573
Other expense, net	(449)	(573)	(1,319)	(678)
Total other income (expense)	3,064	4,112	5,863	(6,231)
(Loss) income before income taxes	(3,362)	(6,160)	25,357	(23,348)
Income tax benefit (expense)	968	(5,497)	(5,660)	2,673
Net (loss) income including noncontrolling interests in subsidiaries	(2,394)	(11,657)	19,697	(20,675)
Net income attributable to noncontrolling interests in subsidiaries	(336)	(2,339)	(1,433)	(1,953)
Net (loss) income attributable to Acacia Research Corporation	(2,730)	(13,996)	18,264	(22,628)
(Loss) income per share:
Net (loss) income attributable to common stockholders - Basic	$ (2,730)	$ (13,996)	$ 18,264	$ (22,628)
Weighted average number of shares outstanding - Basic	96,445,160	99,854,723	96,237,282	99,893,336
Basic net income (loss) per common share (in usd per share)	$ (0.03)	$ (0.14)	$ 0.19	$ (0.23)
Net (loss) income attributable to common stockholders - Diluted	$ (2,730)	$ (13,996)	$ 18,264	$ (22,628)
Weighted average number of shares outstanding - Diluted	96,445,160	99,854,723	97,038,414	99,893,336
Diluted net income (loss) per common share (in usd per share)	$ (0.03)	$ (0.14)	$ 0.19	$ (0.23)
Foreign currency translation	$ (114)	$ 0	$ 1,411	$ 0
Other comprehensive income	(114)	0	1,411	0
Total comprehensive (loss) income	(2,508)	(11,657)	21,108	(20,675)
Comprehensive income attributable to noncontrolling interests	(336)	(2,339)	(1,433)	(1,953)
Comprehensive (loss) income attributable to Acacia Research Corporation	(2,844)	(13,996)	19,675	(22,628)
Intellectual property operations
Revenues:
Total revenues	7,795	486	78,029	19,442
Costs and expenses:
Cost of revenues - intellectual property operations	8,301	5,707	42,771	18,473
Industrial operations
Revenues:
Total revenues	6,660	7,007	20,926	22,183
Costs and expenses:
Cost of revenues - intellectual property operations	3,376	3,523	10,846	10,849
Energy operations
Revenues:
Total revenues	14,176	15,817	47,799	31,843
Costs and expenses:
Cost of revenues - intellectual property operations	11,880	11,729	36,887	23,082
Manufacturing Operations
Revenues:
Total revenues	30,815	0	88,351	0
Costs and expenses:
Cost of revenues - intellectual property operations	$ 23,285	$ 0	$ 66,518	$ 0