---
schema_version: "secwatch.filing_event.v1"
accession: "0000934549-24-000044"
form_type: "8-K"
ticker: "ACTG"
cik: "0000934549"
company_name: "ACACIA RESEARCH CORP"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T08:16:11.875566+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acacia Research Q1 revenue $24.3M (up 64% YoY); GAAP net loss $0.2M

## Summary
- Revenue $24.3M vs $14.8M in Q1 2023; operating loss narrowed to $2.1M from $9.3M.
- GAAP net loss $0.2M ($0.00/diluted share); excluding $6.2M AIP accrual EPS would be $0.06.
- Sold Arix stake for $57.1M, completing divestiture of all public life science assets.
- Book value per share $5.89; cash and marketable securities ~$400M as of May 9.
- Post-quarter, Benchmark acquired ~140k net acres and ~470 wells in Texas/Oklahoma.

## SEC filing metadata
- accession: 0000934549-24-000044
- form_type: 8-K
- ticker: ACTG
- cik: 0000934549
- company_name: ACACIA RESEARCH CORP
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/934549/000093454924000044/0000934549-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/934549/000093454924000044/actg-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000934549-24-000044
- JSON: https://secwatch.observer/filing/0000934549-24-000044.json
- Plain text: https://secwatch.observer/filing/0000934549-24-000044.txt

## Key facts
- Earnings Releases
  ACACIA RESEARCH CORP reported quarter ended March 31, 2024 results: revenue 24.3, net income -0.2, EPS 0.00.
  - Period: quarter ended March 31, 2024
  - Revenue: 24.3
  - Net income: -0.2
  - EPS: 0.00
  - Result: reported results
  source text: data) Three Months Ended March 31, 2024 2023 (unaudited) Intellectual property operations $ 13.6 $ 4.2 Industrial operations 8.8 10.6 Energy operations 1.9 — Total revenues $ 24.3 $ 14.8 Operating loss $ (2.1) $ (9.3) Unrealized (losses) gains 1 $ (26.7) $ 3.3 Realized gains (losses) $ 28.9 $ (1.4) Legal liability fee $ (6.2) $ — Non-cash derivative
  evidence_url: https://www.sec.gov/Archives/edgar/data/934549/000093454924000044/0000934549-24-000044-index.htm

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