XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues $ 62,093 $ 8,854
Operating costs and expenses    
Inventor royalties 21,744 666
Contingent legal fees 15,759 627
Other Cost of Operating Revenue 4,000 0
Litigation and licensing expenses - patents 2,745 6,386
Amortization of patents 5,330 5,515
General and administrative expenses(2) 3,379 6,916
Other expenses - business development 166 320
Total operating costs and expenses 53,123 20,430
Operating income (loss) 8,970 (11,576)
Change in fair value of investment, net (41,097) 0
Interest income and other 207 696
Total other income (expense) (40,890) 696
Loss before provision for income taxes (31,920) (10,880)
Provision for income taxes (191) (1,241)
Net loss including noncontrolling interests in subsidiaries (32,111) (12,121)
Net loss attributable to noncontrolling interests in subsidiaries 73 291
Net loss attributable to Acacia Research Corporation (32,038) (11,830)
Net Income (Loss) Available to Common Stockholders, Basic $ (32,038) $ (11,830)
Earnings Per Share, Basic and Diluted $ (0.63) $ (0.24)
Weighted Average Number of Shares Outstanding, Basic and Diluted 50,632,958 50,333,056
General and administrative expenses excluding share-based compensation $ 4,403 $ 4,788
Non-cash stock compensation general and administrative 704 2,112
Non-cash stock compensation - profits interests $ (1,728) $ 16