10-Q Filing

ACACIA RESEARCH CORP CIK: 934549 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000934549-22-000027`
Period End Date	20220331
Filing Date	20220512
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	actg-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 56 Cash Flow Statement 82 Stockholders Equity 19

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$289.37M	USD	Point-in-time
Equity securities at fair value	`EquitySecuritiesFvNi`	$246.48M	USD	Point-in-time
Equity securities at fair value	`EquitySecuritiesFvNi`	$361.78M	USD	Point-in-time
Equity securities without readily determinable fair value	`TradingSecuritiesDebt`	$5.82M	USD	Point-in-time
Equity securities without readily determinable fair value	`TradingSecuritiesDebt`	$5.82M	USD	Point-in-time
Investment securities - equity method investments	`EquityMethodInvestmentsCurrent`	$30.93M	USD	Point-in-time
Investment securities - equity method investments	`EquityMethodInvestmentsCurrent`	$30.93M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.52M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.14M	USD	Point-in-time
Inventories, net	`InventoryNet`	$10.01M	USD	Point-in-time
Inventories, net	`InventoryNet`	$8.93M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.76M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$730.68M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$596.72M	USD	Point-in-time
Long-term restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	-	USD	Point-in-time
Long-term restricted cash	`RestrictedCashAndInvestmentsNoncurrent`	$418.00K	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$4.18M	USD	Point-in-time
Preferred stock, par or stated value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Goodwill	`Goodwill`	$7.47M	USD	Point-in-time
Goodwill	`Goodwill`	$7.47M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$45.76M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$48.79M	USD	Point-in-time
Leased right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.03M	USD	Point-in-time
Leased right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.33M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.28M	USD	Point-in-time
Common stock, par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.27M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total assets	`Assets`	$798.86M	USD	Point-in-time
Total assets	`Assets`	$661.44M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	46.75M	shares	Point-in-time
Common stock, shares, outstanding	`CommonStockSharesOutstanding`	48.81M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	48.81M	shares	Point-in-time
Common stock, shares, issued	`CommonStockSharesIssued`	46.75M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	7.73M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.30M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	5.39M	shares	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$7.35M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$6.23M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$4.34M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$3.70M	USD	Point-in-time
Royalties and contingent legal fees payable	`RoyaltiesAndContingentLegalFeesPayable`	$2.30M	USD	Point-in-time
Royalties and contingent legal fees payable	`RoyaltiesAndContingentLegalFeesPayable`	$2.46M	USD	Point-in-time
Accrued patent investment costs	`AccruedPatentInvestmentCostsCurrent`	-	USD	Point-in-time
Accrued patent investment costs	`AccruedPatentInvestmentCostsCurrent`	$5.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$1.11M	USD	Point-in-time
Senior Secured Notes Payable	`SecuredDebtCurrent`	$181.25M	USD	Point-in-time
Senior Secured Notes Payable	`SecuredDebtCurrent`	$168.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$194.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$200.19M	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$581.00K	USD	Point-in-time
Deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$660.00K	USD	Point-in-time
Series A warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$11.29M	USD	Point-in-time
Series A warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$10.39M	USD	Point-in-time
Series A embedded derivative liabilities	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$18.45M	USD	Point-in-time
Series A embedded derivative liabilities	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability`	$14.51M	USD	Point-in-time
Series B warrant liabilities	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability1`	$96.38M	USD	Point-in-time
Series B warrant liabilities	`EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability1`	$73.12M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.30M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.03M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$3.51M	USD	Point-in-time
Deferred income tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$18.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$300.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$353.63M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A redeemable convertible preferred stock, par value $0.001 per share; stated value $100 per share; 350,000 shares authorized, issued and outstanding as of March 31, 2022 and December 31, 2021; aggregate liquidation preference of $35,000 as of March 31, 2022 and December 31, 2021	`PreferredStockRedemptionAmount`	$15.90M	USD	Point-in-time
Series A redeemable convertible preferred stock, par value $0.001 per share; stated value $100 per share; 350,000 shares authorized, issued and outstanding as of March 31, 2022 and December 31, 2021; aggregate liquidation preference of $35,000 as of March 31, 2022 and December 31, 2021	`PreferredStockRedemptionAmount`	$14.75M	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 300,000,000 shares authorized; 46,754,930 and 48,807,748 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Common stock, par value $0.001 per share; 300,000,000 shares authorized; 46,754,930 and 48,807,748 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$47.00K	USD	Point-in-time
Treasury stock, at cost, 7,730,184 and 5,388,469 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$58.27M	USD	Point-in-time
Treasury stock, at cost, 7,730,184 and 5,388,469 shares as of March 31, 2022 and December 31, 2021, respectively	`TreasuryStockValue`	$47.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$647.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$648.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-254.99M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-181.72M	USD	Point-in-time
Total Acacia Research Corporation stockholders' equity	`StockholdersEquity`	$419.43M	USD	Point-in-time
Total Acacia Research Corporation stockholders' equity	`StockholdersEquity`	$334.43M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$11.04M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$11.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$345.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$430.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$288.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$124.09M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$798.86M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$661.44M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.80M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.51M	USD	1 Quarter
Engineering and development expenses - industrial operations	`ResearchAndDevelopmentExpense`	$190.00K	USD	1 Quarter
Engineering and development expenses - industrial operations	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Sales and marketing expenses - industrial operations	`SellingAndMarketingExpense`	$2.02M	USD	1 Quarter
Sales and marketing expenses - industrial operations	`SellingAndMarketingExpense`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$11.05M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.17M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$11.48M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$22.02M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.51M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-5.68M	USD	1 Quarter
Change in fair value of equity securities	`DebtSecuritiesTradingUnrealizedGainLoss`	$37.85M	USD	1 Quarter
Change in fair value of equity securities	`DebtSecuritiesTradingUnrealizedGainLoss`	$-172.20M	USD	1 Quarter
Gain on sale of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$819.00K	USD	1 Quarter
Gain on sale of equity securities	`EquitySecuritiesFvNiRealizedGainLoss`	$66.88M	USD	1 Quarter
Earnings on equity investment in joint venture	`EarningsOnEquityInvestmentInJointVenture`	-	USD	1 Quarter
Earnings on equity investment in joint venture	`EarningsOnEquityInvestmentInJointVenture`	$2.73M	USD	1 Quarter
Net realized and unrealized (loss) gain	`DebtAndEquitySecuritiesGainLoss`	$41.40M	USD	1 Quarter
Net realized and unrealized (loss) gain	`DebtAndEquitySecuritiesGainLoss`	$-105.33M	USD	1 Quarter
Change in fair value of investment	`UnrealizedGainLossOnInvestments`	$-2.75M	USD	1 Quarter
Change in fair value of investment	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Gain on sale of investment	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Gain on sale of investment	`GainLossOnSaleOfInvestments`	$3.59M	USD	1 Quarter
Change in fair value of the Series A and B warrants and embedded derivatives	`DerivativeGainLossOnDerivativeNet`	$28.10M	USD	1 Quarter
Change in fair value of the Series A and B warrants and embedded derivatives	`DerivativeGainLossOnDerivativeNet`	$-198.91M	USD	1 Quarter
Loss on foreign currency exchange	`ForeignCurrencyTransactionGainLossBeforeTax`	$-813.00K	USD	1 Quarter
Loss on foreign currency exchange	`ForeignCurrencyTransactionGainLossBeforeTax`	$-24.00K	USD	1 Quarter
Interest expense on Senior Secured Notes	`InterestExpenseDebt`	$1.16M	USD	1 Quarter
Interest expense on Senior Secured Notes	`InterestExpenseDebt`	$2.60M	USD	1 Quarter
Interest income (expense) and other	`OtherNonoperatingIncomeExpense`	$-26.00K	USD	1 Quarter
Interest income (expense) and other	`OtherNonoperatingIncomeExpense`	$1.01M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-157.88M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-79.64M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-163.56M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-88.14M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-14.88M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$10.00K	USD	1 Quarter
Net loss including noncontrolling interests in subsidiaries	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-73.27M	USD	1 Quarter
Net loss including noncontrolling interests in subsidiaries	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-163.56M	USD	1 Quarter
Net income attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Net loss attributable to Acacia Research Corporation	`NetIncomeLoss`	$-73.27M	USD	1 Quarter
Net loss attributable to Acacia Research Corporation	`NetIncomeLoss`	$-164.47M	USD	1 Quarter
Net loss attributable to common stockholders - Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-75.12M	USD	1 Quarter
Net loss attributable to common stockholders - Basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-136.51M	USD	1 Quarter
Net loss attributable to common stockholders - Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-75.12M	USD	1 Quarter
Net loss attributable to common stockholders - Diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-136.51M	USD	1 Quarter
Weighted average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.54M	shares	1 Quarter
Weighted average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.60M	shares	1 Quarter
Weighted average number of shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	46.54M	shares	1 Quarter
Weighted average number of shares outstanding - Diluted	`WeightedAverageNumberDilutedSharesOutstandingAdjustment`	48.60M	shares	1 Quarter
Basic net loss per common share (in usd per share)	`EarningsPerShareBasic`	$-2.81	USD	1 Quarter
Basic net loss per common share (in usd per share)	`EarningsPerShareBasic`	$-1.61	USD	1 Quarter
Diluted net loss per common share (in usd per share)	`EarningsPerShareDiluted`	$-2.81	USD	1 Quarter
Diluted net loss per common share (in usd per share)	`EarningsPerShareDiluted`	$-1.61	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net loss including noncontrolling interests in subsidiaries	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-73.27M	USD	1 Quarter
Net loss including noncontrolling interests in subsidiaries	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-163.56M	USD	1 Quarter
Change in fair value of investment, net	`IncreaseDecreaseInTradingSecurities`	-	USD	1 Quarter
Change in fair value of investment, net	`IncreaseDecreaseInTradingSecurities`	$-2.75M	USD	1 Quarter
Gain on sale of investment	`GainLossOnSaleOfInvestments`	-	USD	1 Quarter
Gain on sale of investment	`GainLossOnSaleOfInvestments`	$3.59M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.37M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.90M	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$549.00K	USD	1 Quarter
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$51.00K	USD	1 Quarter
Change in fair value of Series A redeemable convertible preferred stock embedded derivatives	`ChangeInFairValueOfSeriesRedeemableConvertiblePreferredStockEmbeddedDerivative`	$3.94M	USD	1 Quarter
Change in fair value of Series A redeemable convertible preferred stock embedded derivatives	`ChangeInFairValueOfSeriesRedeemableConvertiblePreferredStockEmbeddedDerivative`	$-13.69M	USD	1 Quarter
Change in fair value of Series A warrants	`UnrealizedGainLossOnDerivatives`	$-11.60M	USD	1 Quarter
Change in fair value of Series A warrants	`UnrealizedGainLossOnDerivatives`	$896.00K	USD	1 Quarter
Change in fair value of Series B warrants	`UnrealizedGainLossOnDerivatives1`	$-173.62M	USD	1 Quarter
Change in fair value of Series B warrants	`UnrealizedGainLossOnDerivatives1`	$23.26M	USD	1 Quarter
Compensation expense for share-based awards	`ShareBasedCompensation`	$1.17M	USD	1 Quarter
Compensation expense for share-based awards	`ShareBasedCompensation`	$450.00K	USD	1 Quarter
Loss on foreign currency exchange	`ForeignCurrencyTransactionGainLossBeforeTax`	$-813.00K	USD	1 Quarter
Loss on foreign currency exchange	`ForeignCurrencyTransactionGainLossBeforeTax`	$-24.00K	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$37.85M	USD	1 Quarter
Change in fair value of equity securities	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-172.20M	USD	1 Quarter
Gain on sale of equity securities	`DebtSecuritiesRealizedGainLoss`	$819.00K	USD	1 Quarter
Gain on sale of equity securities	`DebtSecuritiesRealizedGainLoss`	$66.88M	USD	1 Quarter
Earnings on equity investment in joint venture	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$2.73M	USD	1 Quarter
Earnings on equity investment in joint venture	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-15.04M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.92M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-318.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	-	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.08M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$843.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.25M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.26M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.33M	USD	1 Quarter
Royalties and contingent legal fees payable	`IncreaseDecreaseInRoyaltiesAndContingentLegalFeesPayable`	$-161.00K	USD	1 Quarter
Royalties and contingent legal fees payable	`IncreaseDecreaseInRoyaltiesAndContingentLegalFeesPayable`	$283.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$418.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.16M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.12M	USD	1 Quarter
Patent acquisition	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	1 Quarter
Patent acquisition	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Sale of investment at fair value	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$3.59M	USD	1 Quarter
Sale of investment at fair value	`ProceedsFromSaleAndMaturityOfOtherInvestments`	-	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireShortTermInvestments`	$9.20M	USD	1 Quarter
Purchases of equity securities	`PaymentsToAcquireShortTermInvestments`	$92.88M	USD	1 Quarter
Sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$102.84M	USD	1 Quarter
Sales of equity securities	`ProceedsFromSaleOfEquitySecuritiesFvNi`	$2.70M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.00K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.94M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$9.93M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.99M	USD	1 Quarter
Issuance of Senior Secured Notes, net of lender fee	`ProceedsFromIssuanceOfDebt`	$50.00M	USD	1 Quarter
Issuance of Senior Secured Notes, net of lender fee	`ProceedsFromIssuanceOfDebt`	-	USD	1 Quarter
Paydown of Senior Secured Notes	`RepaymentsOfSecuredDebt`	$15.00M	USD	1 Quarter
Paydown of Senior Secured Notes	`RepaymentsOfSecuredDebt`	$50.00M	USD	1 Quarter
Dividend on Series A Redeemable Convertible Preferred Stock	`PaymentsOfDividends`	$260.00K	USD	1 Quarter
Dividend on Series A Redeemable Convertible Preferred Stock	`PaymentsOfDividends`	$700.00K	USD	1 Quarter
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$72.00K	USD	1 Quarter
Taxes paid related to net share settlement of share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-260.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.76M	USD	1 Quarter
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-19.99M	USD	1 Quarter
Decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-20.32M	USD	1 Quarter
Cash and cash equivalents and restricted cash, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$180.23M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$200.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.36M	USD	Point-in-time
Cash and cash equivalents and restricted cash, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$180.23M	USD	Point-in-time
Cash and cash equivalents and restricted cash, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$289.37M	USD	Point-in-time
Cash and cash equivalents and restricted cash, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$200.55M	USD	Point-in-time
Cash and cash equivalents and restricted cash, ending	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.36M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	$10.00K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	$2.00K	USD	1 Quarter
Patent acquisition in exchange of notes receivable	`PatentAcquisitionInExchangeOfNotesReceivable`	$4.00M	USD	1 Quarter
Patent acquisition in exchange of notes receivable	`PatentAcquisitionInExchangeOfNotesReceivable`	-	USD	1 Quarter
Patent acquisition accrued liabilities	`PatentAcquisitionAccruedLiabilityLongTerm`	$15.00M	USD	1 Quarter
Patent acquisition accrued liabilities	`PatentAcquisitionAccruedLiabilityLongTerm`	-	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$345.47M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$430.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$288.32M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$124.09M	USD	Point-in-time
Net (loss) income including noncontrolling interests in subsidiaries	`ProfitLoss`	$-73.27M	USD	1 Quarter
Net (loss) income including noncontrolling interests in subsidiaries	`ProfitLoss`	$-163.56M	USD	1 Quarter
Accretion of Series A Redeemable Convertible Preferred Stock to redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$1.15M	USD	1 Quarter
Accretion of Series A Redeemable Convertible Preferred Stock to redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$853.00K	USD	1 Quarter
Dividend on Series A Redeemable Convertible Preferred Stock	`DividendsPreferredStockStock`	$260.00K	USD	1 Quarter
Dividend on Series A Redeemable Convertible Preferred Stock	`DividendsPreferredStockStock`	$700.00K	USD	1 Quarter
Shares withheld related to net share settlement of share-based awards (in shares)	`SharesPaidForTaxWithholdingForShareBasedCompensation`	18,770.00	shares	1 Quarter
Shares withheld related to net share settlement of share-based awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$72.00K	USD	1 Quarter
Compensation expense for share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.17M	USD	1 Quarter
Compensation expense for share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$450.00K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$10.99M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$345.47M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$430.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$288.32M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$124.09M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.