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3. LOSS PER SHARE
 3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
LOSS PER SHARE

3. LOSS PER SHARE

 

The following table presents the shares of common stock outstanding used in the calculation of basic and diluted net income (loss) per share:

 

   Three Months Ended 
   March 31, 
   2021   2020 
   (In thousands, except share and per share information) 
Numerator:        
Net loss attributable to Acacia Research Corporation  $(164,618)  $(11,291)
Dividend on Series A redeemable convertible preferred stock   (263)   (263)
Accretion of Series A redeemable convertible preferred stock   (852)   (631)
Undistributed earnings allocated to participating securities   29,068    – 
Net loss attributable to common stockholders - basic and diluted   (136,665)   (12,185)
           
Denominator:          
Weighted-average shares used in computing net loss per share attributable to common stockholders - basic and diluted   48,596,040    49,875,396 
Basic and diluted net loss per common share  $(2.81)  $(0.24)