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4. PATENTS
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

4. PATENTS

 

Acacia’s only identifiable intangible assets at June 30, 2020 and December 31, 2019 are patents and patent rights. Patent-related accumulated amortization totaled $325,122,000 and $322,774,000 as of June 30, 2020 and December 31, 2019, respectively. Acacia’s patents have remaining estimated economic useful lives ranging from one to fifty-eight months. The weighted-average remaining estimated economic useful life of Acacia’s patents is approximately four years.

 

The following table presents the scheduled annual aggregate amortization expense as of June 30, 2020:

 

      
For the years ending December 31,     
(In thousands)      
Remainder of 2020   $2,332 
2021    4,451 
2022    4,451 
2023    4,376 
2024    3,005 
Thereafter    630 
 Patents, net   $19,245