{"schema_version":"secwatch.filing_event.v1","accession":"0000934549-23-000027","form_type":"8-K","ticker":"ACTG","cik":"0000934549","company_name":"ACACIA RESEARCH CORP","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.645407+00:00","generated_at":"2026-06-18T01:31:17.566131+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Acacia Research reports FY 2022 net loss of $125.1M; enters recapitalization with Starboard","bullets":["Q4 revenue fell to $13.1M from $63.3M; GAAP net loss $18.4M ($0.50/diluted share) vs net income $204.2M.","Full-year revenue $59.2M (down from $88.0M); net loss $125.1M ($3.13/share) vs net income $149.2M.","Completed Series A warrant exercise for $9.3M net cash; rights offering raised $79.1M net in Q1 2023.","Repaid $120M in Starboard Notes; repurchased $51M of shares during 2022 at avg $4.72/share.","Adjusted pro forma book value would rise to $515.7M ($5.18/share) after recap transactions expected by July 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000934549-23-000027","json":"https://secwatch.observer/filing/0000934549-23-000027.json","markdown":"https://secwatch.observer/filing/0000934549-23-000027.md","text":"https://secwatch.observer/filing/0000934549-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/934549/000093454923000027/0000934549-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/934549/000093454923000027/actg-20230316.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T01:31:17.566131+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f54c1685cbd22110be5ea031b861481aaef3eb6","claim":"ACACIA RESEARCH CORP reported the three months and full year ended December 31, 2022 results: revenue $13.1 million, net income GAAP net loss of $18.4 million, or $0.50 per diluted share, EPS $(0.50) per diluted share.","evidence_excerpt":"$9.3 million net cash • Executed a Rights offering (and concurrent private Rights offering), raising $79.1 million in net proceeds in the first quarter of 2023. • Generated $13.1 million in consolidated revenue for the quarter, a decrease from $63.3 million in revenue in the same quarter last year. • Recorded $10.9 million in realized gains from the sale of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/934549/000093454923000027/0000934549-23-000027-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months and full year ended December 31, 2022"},{"label":"Revenue","value":"$13.1 million"},{"label":"Net income","value":"GAAP net loss of $18.4 million, or $0.50 per diluted share"},{"label":"EPS","value":"$(0.50) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}