2022 Q1 Form 10-Q Financial Statement
#000093454922000027 Filed on May 12, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $13.51M | $5.803M |
YoY Change | 132.76% | 51.91% |
Cost Of Revenue | $8.946M | $95.00K |
YoY Change | 9316.84% | -77.91% |
Gross Profit | $4.561M | $5.708M |
YoY Change | -20.09% | 68.38% |
Gross Profit Margin | 33.77% | 98.36% |
Selling, General & Admin | $13.07M | $6.200M |
YoY Change | 110.79% | 21.33% |
% of Gross Profit | 286.54% | 108.62% |
Research & Development | $190.0K | $0.00 |
YoY Change | ||
% of Gross Profit | 4.17% | 0.0% |
Depreciation & Amortization | $3.369M | $1.897M |
YoY Change | 77.6% | 72.45% |
% of Gross Profit | 73.87% | 33.23% |
Operating Expenses | $13.26M | $6.200M |
YoY Change | 113.85% | 4.91% |
Operating Profit | -$8.508M | -$5.676M |
YoY Change | 49.89% | 125.24% |
Interest Expense | -$79.64M | -$158.0M |
YoY Change | -49.61% | 1644.28% |
% of Operating Profit | ||
Other Income/Expense, Net | -$79.64M | -$157.9M |
YoY Change | -49.56% | |
Pretax Income | -$88.14M | -$163.6M |
YoY Change | -46.11% | 1194.97% |
Income Tax | -$14.88M | $10.00K |
% Of Pretax Income | ||
Net Earnings | -$73.27M | -$164.5M |
YoY Change | -55.45% | 1356.73% |
Net Earnings / Revenue | -542.43% | -2834.14% |
Basic Earnings Per Share | -$1.61 | -$2.81 |
Diluted Earnings Per Share | -$1.61 | -$2.81 |
COMMON SHARES | ||
Basic Shares Outstanding | 46.54M shares | 48.60M shares |
Diluted Shares Outstanding | 46.54M shares | 48.60M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $572.6M | $475.7M |
YoY Change | 20.36% | 200.91% |
Cash & Equivalents | $289.4M | $180.2M |
Short-Term Investments | $283.2M | $330.9M |
Other Short-Term Assets | $4.961M | $2.647M |
YoY Change | 87.42% | -28.46% |
Inventory | $10.01M | |
Prepaid Expenses | ||
Receivables | $9.141M | $4.425M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $596.7M | $482.8M |
YoY Change | 23.59% | 197.3% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.885M | $845.0K |
YoY Change | 359.76% | -39.64% |
Goodwill | $7.470M | |
YoY Change | ||
Intangibles | $45.76M | |
YoY Change | ||
Long-Term Investments | $30.93M | |
YoY Change | ||
Other Assets | $5.273M | $774.0K |
YoY Change | 581.27% | -97.85% |
Total Long-Term Assets | $64.72M | $82.09M |
YoY Change | -21.16% | 60.02% |
TOTAL ASSETS | ||
Total Short-Term Assets | $596.7M | $482.8M |
Total Long-Term Assets | $64.72M | $82.09M |
Total Assets | $661.4M | $564.9M |
YoY Change | 17.09% | 164.34% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.298M | $3.633M |
YoY Change | 45.83% | 17.19% |
Accrued Expenses | $16.20M | $15.69M |
YoY Change | 3.26% | 1326.36% |
Deferred Revenue | $1.453M | |
YoY Change | ||
Short-Term Debt | $168.7M | $116.2M |
YoY Change | 45.13% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $194.4M | $138.0M |
YoY Change | 40.9% | 1189.52% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $1.165M | $291.1M |
YoY Change | -99.6% | 795.55% |
Total Long-Term Liabilities | $1.165M | $291.1M |
YoY Change | -99.6% | 795.55% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $194.4M | $138.0M |
Total Long-Term Liabilities | $1.165M | $291.1M |
Total Liabilities | $300.1M | $441.0M |
YoY Change | -31.95% | 879.94% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$255.0M | -$495.4M |
YoY Change | -48.53% | |
Common Stock | $47.00K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $58.27M | |
YoY Change | ||
Treasury Stock Shares | 7.730M shares | |
Shareholders Equity | $334.4M | $128.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $661.4M | $569.0M |
YoY Change | 16.25% | 166.24% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$73.27M | -$164.5M |
YoY Change | -55.45% | 1356.73% |
Depreciation, Depletion And Amortization | $3.369M | $1.897M |
YoY Change | 77.6% | 72.45% |
Cash From Operating Activities | -$3.163M | -$6.120M |
YoY Change | -48.32% | 178.18% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $34.00K | $33.00K |
YoY Change | 3.03% | -100.56% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $9.965M | -$2.907M |
YoY Change | -442.79% | -144.72% |
Cash From Investing Activities | $9.931M | -$13.94M |
YoY Change | -171.24% | -2888.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $700.0K | $260.0K |
YoY Change | 169.23% | |
Common Stock Issuance & Retirement, Net | $10.99M | $0.00 |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$26.76M | -$260.0K |
YoY Change | 10192.31% | -108.67% |
NET CHANGE | ||
Cash From Operating Activities | -$3.163M | -$6.120M |
Cash From Investing Activities | $9.931M | -$13.94M |
Cash From Financing Activities | -$26.76M | -$260.0K |
Net Change In Cash | -$19.99M | -$20.32M |
YoY Change | -1.61% | -1663.08% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.163M | -$6.120M |
Capital Expenditures | $34.00K | $33.00K |
Free Cash Flow | -$3.197M | -$6.153M |
YoY Change | -48.04% | -266.3% |
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CostsAndExpenses
|
22015000 | USD |
CY2021Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
11479000 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8508000 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5676000 | USD |
CY2022Q1 | us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
-172203000 | USD |
CY2021Q1 | us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
37849000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
66876000 | USD |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
819000 | USD |
CY2022Q1 | actg |
Earnings On Equity Investment In Joint Venture
EarningsOnEquityInvestmentInJointVenture
|
0 | USD |
CY2021Q1 | actg |
Earnings On Equity Investment In Joint Venture
EarningsOnEquityInvestmentInJointVenture
|
2730000 | USD |
CY2022Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
-105327000 | USD |
CY2021Q1 | us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
41398000 | USD |
CY2022Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-2752000 | USD |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
3591000 | USD |
CY2022Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
28098000 | USD |
CY2021Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-198909000 | USD |
CY2022Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-813000 | USD |
CY2021Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-24000 | USD |
CY2022Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
2601000 | USD |
CY2021Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1157000 | USD |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1007000 | USD |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-26000 | USD |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-79636000 | USD |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-157879000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-88144000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-163555000 | USD |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14878000 | USD |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-73266000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-163565000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
900000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-73266000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-164465000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-75117000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-75117000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-136512000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-136512000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46544313 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
46544313 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
48596040 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48596040 | shares |
CY2021Q1 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
260000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
450000 | USD |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
0 | USD |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.61 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.61 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.81 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.81 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
430475000 | USD |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-73266000 | USD |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
|
1151000 | USD |
CY2022Q1 | us-gaap |
Dividends Preferred Stock Stock
DividendsPreferredStockStock
|
700000 | USD |
CY2022Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
18770 | shares |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
72000 | USD |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1174000 | USD |
CY2022Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
10988000 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
345472000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
288316000 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-163565000 | USD |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Increase In Carrying Amount Of Redeemable Preferred Stock
AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock
|
853000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
124088000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-73266000 | USD |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-163565000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
0 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-2752000 | USD |
CY2021Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
3591000 | USD |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3369000 | USD |
CY2021Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1897000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
51000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
549000 | USD |
CY2022Q1 | actg |
Change In Fair Value Of Series Redeemable Convertible Preferred Stock Embedded Derivative
ChangeInFairValueOfSeriesRedeemableConvertiblePreferredStockEmbeddedDerivative
|
3942000 | USD |
CY2021Q1 | actg |
Change In Fair Value Of Series Redeemable Convertible Preferred Stock Embedded Derivative
ChangeInFairValueOfSeriesRedeemableConvertiblePreferredStockEmbeddedDerivative
|
-13691000 | USD |
CY2022Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
896000 | USD |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-11603000 | USD |
CY2022Q1 | actg |
Unrealized Gain Loss On Derivatives1
UnrealizedGainLossOnDerivatives1
|
23260000 | USD |
CY2021Q1 | actg |
Unrealized Gain Loss On Derivatives1
UnrealizedGainLossOnDerivatives1
|
-173615000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1174000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
450000 | USD |
CY2022Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-813000 | USD |
CY2021Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-24000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-172203000 | USD |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
37849000 | USD |
CY2022Q1 | us-gaap |
Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
|
66876000 | USD |
CY2021Q1 | us-gaap |
Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
|
819000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
0 | USD |
CY2021Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
2730000 | USD |
CY2022Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-15039000 | USD |
CY2021Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
0 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-318000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3919000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1084000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1246000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
843000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4261000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2332000 | USD |
CY2022Q1 | actg |
Increase Decrease In Royalties And Contingent Legal Fees Payable
IncreaseDecreaseInRoyaltiesAndContingentLegalFeesPayable
|
-161000 | USD |
CY2021Q1 | actg |
Increase Decrease In Royalties And Contingent Legal Fees Payable
IncreaseDecreaseInRoyaltiesAndContingentLegalFeesPayable
|
283000 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
418000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
0 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3163000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6120000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
11000000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
|
3591000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
92877000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
9200000 | USD |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
102842000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Sale Of Equity Securities Fv Ni
ProceedsFromSaleOfEquitySecuritiesFvNi
|
2702000 | USD |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
34000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
33000 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
9931000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13940000 | USD |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
10988000 | USD |
CY2021Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
50000000 | USD |
CY2022Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
15000000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
50000000 | USD |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
700000 | USD |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
260000 | USD |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
72000 | USD |
CY2021Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-26760000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-260000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-19992000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-20320000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
309361000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
200546000 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
289369000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
180226000 | USD |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2000 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10000 | USD |
CY2022Q1 | actg |
Patent Acquisition In Exchange Of Notes Receivable
PatentAcquisitionInExchangeOfNotesReceivable
|
0 | USD |
CY2021Q1 | actg |
Patent Acquisition In Exchange Of Notes Receivable
PatentAcquisitionInExchangeOfNotesReceivable
|
4000000 | USD |
CY2022Q1 | actg |
Patent Acquisition Accrued Liability Long Term
PatentAcquisitionAccruedLiabilityLongTerm
|
0 | USD |
CY2021Q1 | actg |
Patent Acquisition Accrued Liability Long Term
PatentAcquisitionAccruedLiabilityLongTerm
|
15000000 | USD |
CY2022Q1 | actg |
Number Of Patent Portfolios Acquired
NumberOfPatentPortfoliosAcquired
|
0 | patent |
CY2021Q1 | actg |
Number Of Patent Portfolios Acquired
NumberOfPatentPortfoliosAcquired
|
1 | patent |
CY2022Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Acacia believes that, of the significant accounting policies described herein, the accounting policies associated with revenue recognition, estimates of variable consideration for revenue, including sales returns, the valuation of equity securities without readily determinable fair value, the determination of excess and obsolete inventories, bad debt allowances and product warranty liabilities, the valuation of Series A redeemable convertible preferred stock (the “Series A Redeemable Convertible Preferred Stock”), embedded derivatives, Series A warrants (the “Series A Warrants”) and Series B warrants (the “Series B Warrants”), stock-based compensation expense, impairment of goodwill, patent-related and other intangible assets, the determination of the economic useful life of amortizable intangible assets, and income taxes and valuation allowances against net deferred tax assets, require its most difficult, subjective or complex judgments.</span></div> | |
CY2022Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
850000 | USD |
CY2022Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
854000 | USD |
CY2022Q1 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P2Y | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
294740000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
48793000 | USD |
CY2021Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
222000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
11000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
63000 | USD |
CY2022Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
170000 | USD |
CY2022Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Intellectual Property Operations</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject Acacia to concentrations of credit risk are cash equivalents and accounts receivable. Acacia places its cash equivalents primarily in highly rated money market funds and investment grade marketable securities. Cash and cash equivalents are also invested in deposits with certain financial institutions and may, at times, exceed federally insured limits. Acacia has not experienced any significant losses on its deposits of cash and cash equivalents.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Six licensees individually accounted for more than 10% of total recognized revenue, ranging from 11% to 18%, during the three months ended March 31, 2022. Two licensees individually accounted for 61% and 9% of revenues recognized during the three months ended March 31, 2021.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Historically, Acacia has not had material foreign operations. Based on the jurisdiction of the entity obligated to satisfy payment obligations pursuant to the applicable license revenue arrangement, for the three months ended March 31, 2022 and 2021, 20% and 10%, respectively, of revenues were attributable to licensees domiciled in foreign jurisdictions. Refer to Note 15 for additional information regarding revenue from customers by geographic region.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Three licensees individually represented approximately 44%, 44% and 12% of accounts receivable at March 31, 2022. Two licensees individually represented approximately 59% and 41% of accounts receivable at December 31, 2021.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Industrial Operations</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">No single Printronix customer accounted for more than 10% of revenue for the three months ended March 31, 2022. Printronix has significant foreign operations. Refer to Note 15 for additional information regarding net sales to customers by geographic region. Accounts receivable from one customer represented 13% of accounts receivable as of March 31, 2022, and one customer represented 11% of accounts receivable as of December 31, 2021. Exposure to credit risk is limited by the large number of customers comprising the remainder of the Printronix customer base and by periodic customer credit evaluations performed by Printronix.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">No single Printronix vendor accounted for 10% or more of purchases for the three months ended March 31, 2022. Accounts payable to one vendor represented 11% of accounts payable as of March 31, 2022, and one vendor represented 14% of accounts payable as of December 31, 2021.</span></div> | |
CY2022Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
7470000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
156768000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
|
104075000 | USD |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
|
14359000 | USD |
CY2022Q1 | us-gaap |
Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
|
246484000 | USD |
CY2021Q4 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
99859000 | USD |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
|
264879000 | USD |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
|
2960000 | USD |
CY2021Q4 | us-gaap |
Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
|
361778000 | USD |
CY2021Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1900000 | USD |
CY2022Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | USD |
CY2022Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
7470000 | USD |
CY2022Q1 | us-gaap |
Derivatives Embedded Derivatives
DerivativesEmbeddedDerivatives
|
Embedded DerivativesEmbedded derivatives that are required to be bifurcated from their host contract are valued separately from the host instrument. A binomial lattice framework is used to estimate the fair value of the embedded derivative in the Series A Redeemable Convertible Preferred Stock issued by the Company in 2019. | |
CY2022Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.17 | |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
887000 | USD |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
887000 | USD |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
887000 | USD |
CY2021Q4 | us-gaap |
Notes Receivable Related Parties
NotesReceivableRelatedParties
|
4000000 | USD |
CY2022Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
78000 | USD |
CY2022Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3408000 | USD |
CY2021Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3207000 | USD |
CY2022Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1588000 | USD |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1712000 | USD |
CY2022Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
5453000 | USD |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
4011000 | USD |
CY2022Q1 | us-gaap |
Inventory Gross
InventoryGross
|
10449000 | USD |
CY2021Q4 | us-gaap |
Inventory Gross
InventoryGross
|
8930000 | USD |
CY2022Q1 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
435000 | USD |
CY2021Q4 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
0 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
343533000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
297774000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
10014000 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
8930000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4789000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4761000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
904000 | USD |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
578000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3885000 | USD |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4183000 | USD |
CY2022Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
335000 | USD |
CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
|
35000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
45759000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
343533000 | USD |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3000000 | USD |
CY2021Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | USD |
CY2021Q1 | actg |
Accelerated Amortization Of Patents
AcceleratedAmortizationOfPatents
|
0 | USD |
CY2022Q1 | actg |
Accelerated Amortization Of Patents
AcceleratedAmortizationOfPatents
|
0 | USD |
CY2022Q1 | actg |
Finite Lived Intangible Assets Write Offs
FiniteLivedIntangibleAssetsWriteOffs
|
35000000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
9102000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
12068000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
10692000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
8348000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2483000 | USD |
CY2022Q1 | actg |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
3066000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
45759000 | USD |
CY2021Q4 | us-gaap |
Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
|
5000000 | USD |
CY2022Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
78000 | USD |
CY2022Q1 | actg |
Accrued Consulting And Other Professional Fees
AccruedConsultingAndOtherProfessionalFees
|
1335000 | USD |
CY2021Q4 | actg |
Accrued Consulting And Other Professional Fees
AccruedConsultingAndOtherProfessionalFees
|
438000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
3000000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Refund Liability Current
ContractWithCustomerRefundLiabilityCurrent
|
3000000 | USD |
CY2022Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
493000 | USD |
CY2021Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
506000 | USD |
CY2022Q1 | actg |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
67000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
3504000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1206000 | USD |
CY2021Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
84000 | USD |
CY2022Q1 | actg |
Service Contract Costs Accrued Current
ServiceContractCostsAccruedCurrent
|
269000 | USD |
CY2021Q4 | actg |
Service Contract Costs Accrued Current
ServiceContractCostsAccruedCurrent
|
307000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1206000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
935000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
968000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
957000 | USD |
CY2022Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
7349000 | USD |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
6227000 | USD |
CY2021Q1 | actg |
Debt Instrument Required Minimum Amount Held In Escrow
DebtInstrumentRequiredMinimumAmountHeldInEscrow
|
35000000 | USD |
CY2021Q4 | actg |
Debt Instrument Required Minimum Amount Held In Escrow
DebtInstrumentRequiredMinimumAmountHeldInEscrow
|
35000000 | USD |
CY2021Q4 | actg |
Number Of Board Of Directors
NumberOfBoardOfDirectors
|
6 | director |
CY2022Q1 | actg |
Number Of Board Of Directors
NumberOfBoardOfDirectors
|
7 | director |
CY2022Q1 | actg |
Number Of Additional Directors
NumberOfAdditionalDirectors
|
2 | director |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2298000 | USD |
CY2021 | actg |
Net Income For Settlement Offset By Contingency Accruals
NetIncomeForSettlementOffsetByContingencyAccruals
|
1200000 | USD |
CY2022Q1 | actg |
Net Income For Settlement Offset By Contingency Accruals
NetIncomeForSettlementOffsetByContingencyAccruals
|
0 | USD |
CY2021Q1 | actg |
Net Income For Settlement Offset By Contingency Accruals
NetIncomeForSettlementOffsetByContingencyAccruals
|
0 | USD |
CY2022Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2021Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2022Q1 | us-gaap |
Legal Fees
LegalFees
|
36000 | USD |
CY2021Q4 | us-gaap |
Legal Fees
LegalFees
|
408000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
293000 | USD |
CY2021Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
150000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
886000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1203000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
763000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
347000 | USD |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
238000 | USD |
CY2022Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3125819 | shares |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P2Y6M | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P1Y | |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | |
CY2022Q1 | actg |
Ownership Percent Of Voting Stock
OwnershipPercentOfVotingStock
|
0.10 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
1080000 | USD |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
8800000 | USD |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P5Y | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-73266000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-164465000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
700000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
263000 | USD |
CY2022Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
1151000 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
852000 | USD |
CY2022Q1 | us-gaap |
Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic
|
0 | USD |
CY2021Q1 | us-gaap |
Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic
|
-29068000 | USD |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-75117000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-136512000 | USD |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46544313 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46544313 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48596040 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48596040 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.61 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.61 | |
CY2021Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.81 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.81 | |
CY2022Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
109029318 | shares |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
107100391 | shares |
CY2022Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8508000 | USD |
CY2022Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-79636000 | USD |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-88144000 | USD |
CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6200000 | USD |
CY2022Q1 | actg |
Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
|
246484000 | USD |
CY2021Q4 | actg |
Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
|
361778000 | USD |
CY2022Q1 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
5816000 | USD |
CY2021Q4 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
5816000 | USD |
CY2022Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
30934000 | USD |
CY2021Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
30934000 | USD |
CY2022Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
283234000 | USD |
CY2021Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
398528000 | USD |
CY2022Q1 | us-gaap |
Other Assets
OtherAssets
|
152283000 | USD |
CY2021Q4 | us-gaap |
Other Assets
OtherAssets
|
172726000 | USD |
CY2022Q1 | us-gaap |
Assets
Assets
|
661440000 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
798856000 | USD |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
13507000 | USD |
CY2022Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
3885000 | USD |
CY2021Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
4183000 | USD |