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v3.10.0.1

Condensed Consolidated Statements of Operations - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Revenues | $ 6,485,000 | $ 16,457,000 | $ 68,578,000 | $ 25,311,000
Operating costs and expenses |  |  |  |
Inventor royalties | 1,241,000 | 4,273,000 | 22,985,000 | 4,939,000
Contingent legal fees | 1,037,000 | 3,236,000 | 16,796,000 | 3,863,000
Other Cost of Operating Revenue | 0 | 0 | 4,000,000 | 0
Litigation and licensing expenses - patents | 2,130,000 | 4,134,000 | 4,875,000 | 10,520,000
Amortization of patents | 5,278,000 | 5,571,000 | 10,608,000 | 11,086,000
General and administrative expenses(1) | 7,098,000 | 6,734,000 | 10,477,000 | 13,650,000
Other expenses - business development | 327,000 | 433,000 | 493,000 | 753,000
Impairment of Intangible Assets (Excluding Goodwill) | 29,210,000 | 0 | 29,210,000 | 0
Total operating costs and expenses | 46,321,000 | 24,381,000 | 99,444,000 | 44,811,000
Operating loss | (39,836,000) | (7,924,000) | (30,866,000) | (19,500,000)
Gain on Conversion of Loan and Accrued Interest | 0 | 2,671,000 | 0 | 2,671,000
Gain on exercise of warrant | 0 | 4,616,000 | 0 | 4,616,000
Change in fair value of investment, net | 11,347,000 | (12,698,000) | (29,750,000) | (12,698,000)
Income (Loss) from Equity Method Investments | 0 | (14,000) | 0 | (14,000)
Interest income and other | 268,000 | 563,000 | 475,000 | 1,259,000
Total other income (expense) | 11,615,000 | (4,862,000) | (29,275,000) | (4,166,000)
Loss before provision for income taxes | (28,221,000) | (12,786,000) | (60,141,000) | (23,666,000)
Provision for income taxes | (285,000) | (1,478,000) | (476,000) | (2,719,000)
Net loss including noncontrolling interests in subsidiaries | (28,506,000) | (14,264,000) | (60,617,000) | (26,385,000)
Net loss attributable to noncontrolling interests in subsidiaries | 79,000 | 12,000 | 152,000 | 303,000
Net loss attributable to Acacia Research Corporation | (28,427,000) | (14,252,000) | (60,465,000) | (26,082,000)
Net Income (Loss) Available to Common Stockholders, Basic | $ (28,427,000) | $ (14,252,000) | $ (60,465,000) | $ (26,082,000)
Earnings Per Share, Basic and Diluted | $ (0.57) | $ (0.28) | $ (1.20) | $ (0.52)
Weighted Average Number of Shares Outstanding, Basic and Diluted | 50,061,812 | 50,499,248 | 50,345,808 | 50,416,611
General and administrative expenses excluding share-based compensation | $ 5,892,000 | $ 5,247,000 | $ 10,295,000 | $ 10,035,000
Non-cash stock compensation general and administrative | 521,000 | 1,449,000 | 1,225,000 | 3,561,000
Non-cash stock compensation - profits interests | $ 685,000 | $ 38,000 | $ (1,043,000) | $ 54,000

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