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INCOME/LOSS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents the calculation of basic and diluted income/loss per share of common stock:
|  |  | Years Ended December 31,
|  |  |  |  | 2024 |  | 2023
|  |  |  |  | (In thousands, except share and per share data)
Numerator: |  |  |  |  |  |  |
Net (loss) income attributable to Acacia Research Corporation |  |  |  |  | $ | (36,057) |  |  | $ | 67,060 |
Dividend on Series A redeemable convertible preferred stock |  |  |  |  | — |  |  | (1,400) |
Accretion of Series A redeemable convertible preferred stock |  |  |  |  | — |  |  | (3,230) |
Return on settlement of Series A redeemable convertible preferred stock |  |  |  |  | — |  |  | (3,377) |
Undistributed earnings allocated to participating securities |  |  |  |  | — |  |  | (3,913) |
Net (loss) income attributable to common stockholders - Basic |  |  |  |  | (36,057) |  |  | 55,140 |
Less: Change in fair value and gain on exercise of dilutive Series B warrants |  |  |  |  | — |  |  | (4,287) |
Add: Interest expense associated with Starboard Notes, net of tax |  |  |  |  | — |  |  | 1,518 |
Add: Undistributed earnings allocated to participating securities |  |  |  |  | — |  |  | 3,913 |
Reallocation of undistributed earnings to participating securities |  |  |  |  | — |  |  | (3,076) |
Net (loss) income attributable to common stockholders - Diluted |  |  |  |  | $ | (36,057) |  |  | $ | 53,208 |
Denominator: |  |  |  |  |  |  |
Weighted average shares used in computing net income (loss) per share attributable to common stockholders - Basic |  |  |  |  | 99,213,835 |  |  | 75,296,025 |
Potentially dilutive common shares: |  |  |  |  |  |  |
Employee stock options and restricted stock units |  |  |  |  | — |  |  | 163,738 |
Series B Warrants |  |  |  |  | — |  |  | 16,952,055 |
Weighted average shares used in computing net income (loss) per share attributable to common stockholders - Diluted |  |  |  |  | 99,213,835 |  |  | 92,411,818 |
Basic net (loss) income per common share |  |  |  |  | $ | (0.36) |  |  | $ | 0.73 |
Diluted net (loss) income per common share |  |  |  |  | $ | (0.36) |  |  | $ | 0.58 |
Anti-dilutive potential common shares excluded from the computation of diluted net income/loss per share: |  |  |  |  |  |  |
Equity-based incentive awards |  |  |  |  | 3,883,847 |  |  | 2,098,747 |
Series B warrants |  |  |  |  | — |  |  | — |
Total |  |  |  |  | 3,883,847 |  |  | 2,098,747 |

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- References No definition available. + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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