Three Months Ended

March 31,

2020

2019

(In thousands, except share and per share information)

Numerator:

Net loss attributable to Acacia Research Corporation

(11,291

)

(4,384

)

Dividend on Series A redeemable convertible preferred stock

(263

)

–

Accretion of Series A redeemable convertible preferred stock

(631

)

–

Net loss attributable to common stockholders - basic and diluted

(12,185

)

(4,384

)

Denominator:

Weighted-average shares used in computing net loss per share attributable to common stockholders - basic and diluted

49,875,396

49,655,881

Basic and diluted net loss per common share

$

(0.24

)

$

(0.09

)