← ACACIA RESEARCH CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($54.1m) |
$22.2m
+141.02%
|
($105.0m)
-573.53%
|
($17.1m)
+83.70%
|
$113.4m
+762.83%
|
$149.2m
+31.52%
|
($125.1m)
-183.83%
|
$67.1m
+153.62%
|
($36.1m)
-153.77%
|
$21.7m
+160.13%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($54.1m) |
$22.1m
+140.96%
|
($105.0m)
-574.24%
|
($17.4m)
+83.41%
|
$90.3m
+618.48%
|
$118.8m
+31.52%
|
($133.0m)
-211.98%
|
$55.1m
+141.45%
|
($36.1m)
-165.39%
|
$21.7m
+160.13%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($54.8m) | $21.7m | ($104.8m) | ($17.1m) | $113.4m | $150.4m | ($110.9m) | $68.9m | ($34.7m) | $24.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($732k) | ($496k) | $181k | ($14k) | $0 | $1.2m | $14.1m | $1.9m | $1.4m | $2.8m | — | |
| Depreciation, Depletion and Amortization | $34.4m | $22.2m | $27.1m | $3.2m | $4.8m | $10.7m | $13.5m | $14.7m | $33.6m | $43.3m | $13.6m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | $2.8m | $110k | $90k | $0 | — | — | — | |
| Amortization of Intangible Assets | $34.2m | $22.2m | $27.1m | $3.2m | $4.7m | $10.3m | $12.1m | $13.1m | $18.4m | $24.0m | — | |
| Deferred Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $0 | ($52.3m) | $25.0m | ($14.4m) | $1.7m | ($8.6m) | ($4.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.1m | $8.9m | ($317k) | $1.1m | $1.7m | $2.1m | $3.8m | $3.3m | $4.8m | $5.7m | $6.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $1.6m | $614k | $1.1m | $675k | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | ($176.2m) | $102.1m | $0 | ($31.4m) | $31.4m | ($1.1m) | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | $0 | $0 | — | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $0 | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $42.3m | $2.2m | $28.2m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | — | ($220k) | $0 | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | $4.5m | $131.8m | $160.1m | ($87.1m) | $46.5m | ($5.2m) | $24.9m | — | |
| Other Nonoperating Income (Expense) | $798k | $51.9m | ($1.6m) | — | — | — | $5.4m | $15.5m | $17.0m | ($2.0m) | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | $3.5m | $42.5m | $4.2m | $0 | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $6.8m | $26.6m | ($28.2m) | ($32.4m) | ($5k) | $747k | ($998k) | $70.3m | ($69.2m) | ($664k) | ($63.3m) | |
| Increase (Decrease) in Inventories | — | — | — | — | — | ($1.9m) | $5.3m | ($3.3m) | ($1.1m) | ($212k) | $373k | |
| Net Cash Provided by (Used in) Operating Activities | $34.1m |
$24.5m
-28.13%
|
$20.9m
-14.71%
|
($2.3m)
-111.06%
|
($19.6m)
-750.09%
|
$13.3m
+167.92%
|
($37.3m)
-380.17%
|
($22.5m)
+39.72%
|
$50.1m
+322.71%
|
$75.2m
+50.12%
|
$30.0m
-60.12%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4k | $2k | $34k | $183k | $199k | $91k | $732k | $189k | $148.7m | $2.5m | ($29.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $3k | — | — | — | — | — | — | — | — | ($169k) | $1.0m | |
| Debt Securities, Realized Gain (Loss) | — | — | — | $0 | $7.4m | $116.1m | $125.3m | ($10.9m) | $28.9m | ($25k) | — | |
| Gain (Loss) on Investments | — | — | — | $669k | $13.7m | $839k | — | — | — | — | $1.2m | |
| Gain (Loss) on Sale of Investments | — | — | — | $0 | $8.2m | $3.6m | $0 | $10.9m | ($28.9m) | $25k | — | |
| Payments to Acquire Investments | $20.0m | — | — | — | — | — | — | — | — | — | ($14.7m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | $9.9m | $5.5m | ($2.8m) | $0 | ($781k) | $610k | ($3.7m) | ($7.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $33.2m | $0 | $9.4m | $87.7m | ($1.2m) | ($87.7m) | |
| Net Cash Provided by (Used in) Investing Activities | ($40.6m) | ($16.1m) | ($24.1m) | ($68.1m) | $18.6m | $35.8m | $184.5m | $16.2m | ($213.0m) | ($21.0m) | ($22.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | $0 | ($7.4m) | $207.2m | ($95.8m) | $24.7m | ($2.6m) | $1.1m | — | |
| Payments for Repurchase of Common Stock | $82k | $45k | $4.6m | $0 | $4.0m | $4.0m | $51.0m | $0 | $20.3m | $0 | — | |
| Dividends paid | $0 | $0 | — | — | $1.4m | $1.5m | $2.8m | $1.4m | $0 | — | ($2.8m) | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1m) |
$700k
+162.84%
|
($4.6m)
-758.00%
|
$33.9m
+836.45%
|
$109.2m
+221.95%
|
$59.7m
-45.30%
|
($166.1m)
-378.11%
|
$58.6m
+135.29%
|
$97.6m
+66.39%
|
($22.7m)
-123.30%
|
($17.3m)
+24.11%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | $0 | ($21.6m) | $52.3m | ($66.2m) | $32.8m | $306.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $92.4m | $200.5m | $309.4m | $287.8m | $340.1m | $273.9m | $306.7m | $306.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $0 | ($2.6m) | $1k | ($926k) | $1.3m | $716k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | $1.3m | $7.3m | $7.2m | $2.5m | $5.1m | $8.3m | — | |
| Income Taxes Paid, Net | — | — | — | — | ($3.5m) | $25k | $384k | $831k | $1.0m | $2.3m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | — | — | — | — | — | — | — | $0 | $986k | $1.7m | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | $4.5m | ($58.2m) | ($40.4m) | $13.1m | $8.2m | $0 | $15.8m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $0 | ($7.4m) | $116.1m | $125.3m | ($10.9m) | $28.9m | ($25k) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | $0 | $175.9m | $87.5m | ($263.7m) | $31.4m | ($31.4m) | $1.1m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | $0 | ($4.9m) | ($89k) | ($3.3m) | $53k | ($370k) | $414k | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | $0 | $4.9m | $89k | ($3.3m) | $53k | ($370k) | $414k | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | $88k | $0 | — | $89k | — | ($53k) | $370k | ($414k) | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | $0 | $2.8m | $0 | — | $10.9m | — | $25k | — | |
| General and Administrative Expense | $32.9m | $26.0m | $18.9m | $16.4m | $24.5m | $35.7m | $52.7m | $43.7m | $55.4m | $65.1m | — | |
| Goodwill | — | — | — | — | — | $7.5m | $7.5m | $9.0m | $29.3m | $25.8m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($104.8m) | ($17.1m) | $113.4m | $150.4m | ($110.9m) | $68.9m | ($34.7m) | $24.5m | — | |
| Income Tax Expense (Benefit) | $18.2m | $3.0m | $1.2m | ($1.8m) | ($1.2m) | $24.3m | ($16.2m) | ($1.5m) | ($3.4m) | $6.8m | — | |
| Investment Income, Interest | — | $1.6m | — | — | — | — | — | — | — | $11.3m | — | |
| Operating Costs and Expenses | $190.1m | $92.7m | — | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $15.2m | $0 | — | |
| Proceeds from Stock Options Exercised | $326k | $745k | $257k | $79k | $48k | $202k | $0 | $235k | $223k | $30k | — | |
| Realized Investment Gains (Losses) | — | — | ($19.1m) | — | ($1.1m) | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | $1.3m | ($3.1m) | ($4.7m) | $1.9m | $0 | ($610k) | $3.7m | — |