---
schema_version: "secwatch.filing_event.v1"
accession: "0000934549-22-000072"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:29:32.366746+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acacia Q3 rev $15.9M (up 10x), GAAP NI $28.1M; Starboard deal lifts pro forma book value to $520M

## Summary
- Q3 revenue $15.9M vs $1.6M YoY; operating loss $11.4M improved from $12.7M loss.
- GAAP net income $28.1M ($0.02 EPS) vs $89.8M ($0.86 EPS) in Q3 2021.
- Realized gains of $36.1M offset by $36.4M unrealized losses; life science portfolio proceeds total $452.3M.
- Completed $40M share repurchase; repaid $55M of Starboard senior secured notes.
- Pro forma book value $520.1M ($5.22/share) after full recapitalization; Gavin Molinelli joins board as Chairman.

## SEC filing metadata
- accession: 0000934549-22-000072
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000093454922000072/0000934549-22-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000093454922000072/actg-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000934549-22-000072
- JSON: https://secwatch.observer/filing/0000934549-22-000072.json
- Plain text: https://secwatch.observer/filing/0000934549-22-000072.txt

## Key facts
- Earnings Releases
  ACACIA RESEARCH CORP reported financial results for the three and nine months ended September 30, 2022.
  - Period: the three and nine months ended September 30, 2022
  - Result: reported results
  source text: On November 10, 2022, Acacia Research Corporation (the "Corporation) issued a press release announcing its financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454922000072/0000934549-22-000072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.