CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 360,050	$ 340,091
Equity securities	14,100	63,068
Equity securities without readily determinable fair value	5,816	5,816
Equity method investments	30,934	30,934
Accounts receivable, net	10,733	80,555
Inventories	12,218	10,921
Prepaid expenses and other current assets	23,795	23,127
Total current assets	457,646	554,512
Property, plant and equipment, net	2,366	2,356
Oil and natural gas properties, net	190,149	25,117
Goodwill	8,990	8,990
Other intangible assets, net	30,872	33,556
Operating lease, right-of-use assets	1,366	1,872
Deferred income tax assets, net	8,424	2,915
Other non-current assets	7,759	4,227
Total assets	707,572	633,545
Current liabilities:
Accounts payable	5,258	3,261
Accrued expenses and other current liabilities	8,668	8,405
Accrued compensation	4,969	4,207
Current asset retirement obligation	1,562	0
Royalties and contingent legal fees payable	6,194	10,786
Deferred revenue	1,268	977
Total current liabilities	27,919	27,636
Asset retirement obligation	28,065	0
Long-term lease liabilities	1,251	1,736
Revolving credit facility	70,000	10,525
Other long-term liabilities	1,771	4,039
Total liabilities	129,006	43,936
Commitments and contingencies
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; 98,838,337 and 99,895,473 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively	99	100
Treasury stock, at cost, 17,720,825 and 16,183,703 shares as of September 30, 2024 and December 31, 2023, respectively	(105,560)	(98,258)
Additional paid-in capital	907,996	906,153
Accumulated deficit	(262,357)	(239,729)
Total Acacia Research Corporation stockholders' equity	540,178	568,266
Noncontrolling interests	38,388	21,343
Total stockholders' equity	578,566	589,609
Total liabilities and stockholders' equity	$ 707,572	$ 633,545