CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 307,507	$ 306,719
Equity securities	14,206	17,551
Equity securities without readily determinable fair value	5,816	5,816
Equity method investments	30,934	30,934
Loans receivable	8,137	15,300
Accounts receivable, net	28,694	26,165
Inventories	23,417	26,559
Prepaid expenses and other current assets	12,394	21,050
Total current assets	431,105	450,093
Property, plant and equipment, net	20,231	21,291
Oil and natural gas properties, net	195,879	190,705
Goodwill	25,735	25,790
Net Book Value	45,294	48,148
Operating lease, right-of-use assets	11,657	11,500
Deferred income tax assets, net	18,290	14,836
Other non-current assets	7,680	8,593
Total assets	755,871	770,956
Current liabilities:
Accounts payable	11,431	13,358
Accrued expenses and other current liabilities	23,480	19,661
Accrued compensation	5,955	6,727
Current asset retirement obligation	1,608	1,589
Royalties and contingent legal fees payable	6,630	6,761
Deferred revenue	1,260	945
Total current liabilities	50,364	49,041
Asset retirement obligation	33,027	32,586
Long-term lease liabilities	8,867	8,424
Deferred income tax liabilities, net	2,182	2,152
Benchmark revolving credit facility	59,500	59,500
Deflecto facility	31,021	32,566
Other long-term liabilities	3,685	2,655
Total liabilities	188,646	186,924
Commitments and contingencies (Note 14)
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; 96,589,132 and 96,475,469 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	96	96
Treasury stock, at cost, 20,542,064 shares as of March 31, 2026 and December 31, 2025	(118,542)	(118,542)
Accumulated other comprehensive income	784	670
Additional paid-in capital	916,010	915,330
Accumulated deficit	(269,845)	(254,104)
Total Acacia Research Corporation stockholders' equity	528,503	543,450
Noncontrolling interests	38,722	40,582
Total stockholders' equity	567,225	584,032
Total liabilities and stockholders' equity	$ 755,871	$ 770,956