Acacia Research Company profile
About Acacia Research Corp
Acacia Research Corporation, through its subsidiaries, invests in, licenses and enforces patented technologies. The Company's operating subsidiaries partner with inventors and patent owners, applying their legal and technology expertise to patent assets to unlock the financial value in their patented inventions. The Company's operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, where necessary, with the enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The Company's operating subsidiaries own or control the rights to multiple patent portfolios, which include the United States patents and certain foreign counterparts, covering technologies used in a range of industries.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Acacia Research Corp revenues decreased 2% to $24.8M. Net loss applicable to common stockholders totaled $59.1M vs. income of $24.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Change in fair value of the Series A and increase from $46.6M to $203.9M (expense).
Equity composition
Common Stock $.001 Par, 04/11, 100M auth., 42,771,406 issd. Insiders control 2.39%.