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CORRECTION OF IMMATERIAL ERROR (Tables) | 12 Months Ended
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Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Accounting Standards Update |
| As of and for the Year Ended December 31, 2020
| As Previously Reported |  | Adjustments |  | As Adjusted
| (In thousands, except per share data)
Balance Sheet: |  |  |  |  |
Other non-current assets (excluding property, plant and equipment) | $ | 4,718 |  |  | $ | (4,213) |  |  | $ | 505 |
Total assets | 515,520 |  |  | (4,213) |  |  | 511,307 |
Accumulated deficit | (326,708) |  |  | (4,213) |  |  | (330,921) |
Total stockholders' equity | 292,529 |  |  | (4,213) |  |  | 288,316 |
Statement of Operations: |  |  |  |  |
Interest expense on Senior Secured Notes | $ | (5,923) |  |  | $ | (4,213) |  |  | $ | (10,136) |
Total other income | 131,803 |  |  | (4,213) |  |  | 127,590 |
Net income attributable to Acacia Research Corporation | 113,444 |  |  | (4,213) |  |  | 109,231 |
Income per share: |  |  |  |  |
Basic net income per common share | $ | 1.85 |  |  | $ | (0.07) |  |  | $ | 1.78 |
Diluted net income per common share | $ | 1.54 |  |  | $ | (0.06) |  |  | $ | 1.48 |
Statement of Cash Flows: |  |  |  |  |
Net income including noncontrolling interests in subsidiaries | $ | 113,444 |  |  | $ | (4,213) |  |  | $ | 109,231 |
Amortization of debt discount and issuance costs | 2,838 |  |  | 4,213 |  |  | 7,051 |
Net cash used in operating activities | (19,620) |  |  | — |  |  | (19,620) |
| As of and for the Three Months Ended March 31, 2021
| As Previously Reported |  | Adjustments |  | As Adjusted
| (Unaudited and in thousands, except per share data)
Balance Sheet: |  |  |  |  |
Other non-current assets | $ | 4,834 |  |  | $ | (4,060) |  |  | $ | 774 |
Total assets | 568,958 |  |  | (4,060) |  |  | 564,898 |
Accumulated deficit | (491,326) |  |  | (4,060) |  |  | (495,386) |
Total stockholders' equity | 128,148 |  |  | (4,060) |  |  | 124,088 |
Statement of Operations: |  |  |  |  |
Interest expense on Senior Secured Notes | $ | (1,310) |  |  | $ | 153 |  |  | $ | (1,157) |
Total other expense | (158,032) |  |  | 153 |  |  | (157,879) |
Net loss attributable to Acacia Research Corporation | (164,618) |  |  | 153 |  |  | (164,465) |
Loss per share: |  |  |  |  |
Basic and diluted net loss per common share | $ | (2.81) |  |  | $ | — |  |  | $ | (2.81) |
Statement of Cash Flows: |  |  |  |  |
Net loss including noncontrolling interests in subsidiaries | $ | (163,718) |  |  | $ | 153 |  |  | $ | (163,565) |
Amortization of debt discount and issuance costs | 702 |  |  | (153) |  |  | 549 |
Net cash used in operating activities | (6,120) |  |  | — |  |  | (6,120) |
| As of and for the Six Months Ended June 30, 2021
| As Previously Reported |  | Adjustments |  | As Adjusted
| (Unaudited and in thousands, except per share data)
Balance Sheet: |  |  |  |  |
Other non-current assets | $ | 4,653 |  |  | $ | (3,907) |  |  | $ | 746 |
Total assets | 627,732 |  |  | (3,907) |  |  | 623,825 |
Accumulated deficit | (471,819) |  |  | (3,907) |  |  | (475,726) |
Total stockholders' equity | 147,103 |  |  | (3,907) |  |  | 143,196 |
Statement of Operations: |  |  |  |  |
Interest expense on Senior Secured Notes | $ | (3,070) |  |  | $ | 306 |  |  | $ | (2,764) |
Total other expense | (139,653) |  |  | 306 |  |  | (139,347) |
Net loss attributable to Acacia Research Corporation | (145,111) |  |  | 306 |  |  | (144,805) |
Loss per share: |  |  |  |  |
Basic and diluted net loss per common share | $ | (3.03) |  |  | $ | 0.01 |  |  | $ | (3.02) |
Statement of Cash Flows: |  |  |  |  |
Net loss including noncontrolling interests in subsidiaries | $ | (144,205) |  |  | $ | 306 |  |  | $ | (143,899) |
Amortization of debt discount and issuance costs | 128 |  |  | (306) |  |  | (178) |
Net cash used in operating activities | (6,197) |  |  | — |  |  | (6,197) |
| As of and for the Nine Months Ended September 30, 2021
| As Previously Reported |  | Adjustments |  | As Adjusted
| (Unaudited and in thousands, except per share data)
Balance Sheet: |  |  |  |  |
Other non-current assets | $ | 4,482 |  |  | $ | (3,754) |  |  | $ | 728 |
Total assets | 749,834 |  |  | (3,754) |  |  | 746,080 |
Accumulated deficit | (382,215) |  |  | (3,754) |  |  | (385,969) |
Total stockholders' equity | 235,862 |  |  | (3,754) |  |  | 232,108 |
Statement of Operations: |  |  |  |  |
Interest expense on Senior Secured Notes | $ | (5,601) |  |  | $ | 459 |  |  | $ | (5,142) |
Total other expense | (37,316) |  |  | 459 |  |  | (36,857) |
Net loss attributable to Acacia Research Corporation | (55,507) |  |  | 459 |  |  | (55,048) |
Loss per share: |  |  |  |  |
Basic and diluted net loss per common share | $ | (1.21) |  |  | $ | 0.01 |  |  | $ | (1.20) |
Statement of Cash Flows: |  |  |  |  |
Net loss including noncontrolling interests in subsidiaries | $ | (54,601) |  |  | $ | 459 |  |  | $ | (54,142) |
Amortization of debt discount and issuance costs | 460 |  |  | (459) |  |  | 1 |
Net cash used in operating activities | (7,602) |  |  | — |  |  | (7,602) |

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