Acacia Research Corporation (ACTG) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for joining Acacia Research first quarter 2025 earnings conference call. My name is Jenny and I'll be your conference facilitator today. All lines are currently on mute to prevent any background noise. I would like to remind you that this conference is being recorded today and is also available through audio webcast on Acacia's website. Following the speaker's remarks, there will be time for questions. Questions can also be directed at any time to Acacia at ir.acaciarez.com. I would now like to turn the conference over to Mr. Brent Anderson of Gagne Communications. Mr. Anderson, you may begin the conference. Thank you, Operator. Leading today's call are MJ McNulty, Acacia's Chief Executive Officer, and Kirsten Hoover, Acacia's Interim Chief Financial Officer. Before MJ and Kirsten begin their prepared remarks, please be reminded that certain information provided during this call may contain forward-looking statements relating to current expectations, estimates, forecasts, and projections about future events that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives, and expectations for future operations and are based on current estimates and projections, future results, and trends. Actual results may differ materially from those projected as a result of certain risks and uncertainty. For a discussion of such risks and uncertainties, please see the risk factors described in Acacia's most recent annual report on Form 10-K and quarterly reports in Form 10-Q filed with the SEC. Earlier this morning, Acacia issued a press release disclosing its first quarter 2025 financial results. The press release may be accessed on th...