CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 307,635	$ 306,719
Equity securities	19,119	17,551
Equity securities without readily determinable fair value	5,816	5,816
Equity method investments	0	30,934
Loans receivable	7,825	15,300
Accounts receivable, net	86,658	26,165
Inventories	24,639	26,559
Prepaid expenses and other current assets	14,444	21,050
Total current assets	466,136	450,093
Property, plant and equipment, net	20,326	21,291
Oil and natural gas properties, net	197,138	190,705
Goodwill	25,572	25,790
Net Book Value	42,936	48,148
Operating lease, right-of-use assets	10,628	11,500
Deferred income tax assets, net	20,307	14,836
Other non-current assets	8,486	8,593
Total assets	791,529	770,956
Current liabilities:
Accounts payable	16,270	13,358
Accrued expenses and other current liabilities	19,221	19,661
Accrued compensation	7,640	6,727
Current asset retirement obligation	1,628	1,589
Royalties and contingent legal fees payable	51,954	6,761
Deferred revenue	1,112	945
Total current liabilities	97,825	49,041
Asset retirement obligation	33,464	32,586
Long-term lease liabilities	7,859	8,424
Deferred income tax liabilities, net	2,156	2,152
Benchmark revolving credit facility	59,500	59,500
Deflecto facility	30,874	32,566
Other long-term liabilities	2,830	2,655
Total liabilities	234,508	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; 97,586,805 and 96,475,469 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	97	96
Treasury stock, at cost, 20,542,064 shares as of June 30, 2026 and December 31, 2025	(118,542)	(118,542)
Accumulated other comprehensive income	580	670
Additional paid-in capital	914,451	915,330
Accumulated deficit	(269,798)	(254,104)
Total Acacia Research Corporation stockholders' equity	526,788	543,450
Noncontrolling interests	30,233	40,582
Total stockholders' equity	557,021	584,032
Total liabilities and stockholders' equity	$ 791,529	$ 770,956