| Income Statement for Acacia Research Corp. (ACTG) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 52,597 | 34,825 | 19,574 | 4,284 | 692 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | 119 | (17,080) | (297) | 50 | 1,907 | | Gross Operating Profit | 52,716 | 17,745 | 19,277 | 4,334 | 2,599 | | | Selling/General/Admin Expense | (56,290) | (19,036) | (10,211) | (8,182) | (1,886) | | Research & Development | - | - | - | - | (4,317) | | EBITDA | (3,574) | (1,291) | 9,066 | (3,848) | (3,604) | | Depreciation & Amortization | (5,702) | (5,392) | (4,981) | (551) | (2,409) | | EBIT | (9,276) | (6,683) | 4,085 | (4,399) | (6,013) | | Interest Income | 2,359 | 1,524 | 1,071 | 471 | 521 | | Other Income, Net | - | - | - | - | 94 | | Total Income Avail For Interest Expense | (7,152) | (5,456) | (6,175) | (5,584) | (5,605) | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | (7,152) | (5,456) | (6,175) | (5,584) | (5,605) | | Income Taxes | (207) | (40) | 135 | 139 | 137 | | Minority Interest | - | - | 2 | 6 | 17 | | Net Income from Continuing Operations | (7,359) | (5,496) | (6,038) | (5,439) | (5,451) | | Net Income from Discontinued Operations | (8,086) | - | (237) | (104) | - | | Net Income from Total Operations | (15,445) | (5,496) | (6,275) | (5,543) | (5,451) | | | Normalized Income | (7,124) | (5,199) | 5,293 | (3,783) | (5,244) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (235) | (297) | (11,331) | (1,656) | (207) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (15,445) | (5,496) | (6,275) | (5,543) | (5,451) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.26 | -0.20 | -0.23 | -0.27 | -0.28 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | -0.01 | -0.01 | 0.00 | | Basic EPS from Total Operations | -0.26 | -0.20 | -0.24 | -0.28 | -0.28 | | | Diluted EPS from Continuing Operations | -0.26 | -0.20 | -0.23 | -0.27 | -0.28 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | -0.01 | -0.01 | 0.00 | | Diluted EPS from Total Operations | -0.26 | -0.20 | -0.24 | -0.28 | -0.28 | | | |
