What potential risks or macro‑economic factors were highlighted that could impact Acadia's performance moving forward?

Answer – Potential Risks or Macro‑Economic Factors Mentioned

Based on the excerpt you provided from Acacia Research Corporation’s (ACTG) second‑quarter 2025 earnings release, no specific macro‑economic risks or forward‑looking risk factors are described. The only portion of the press‑release that is included ends with the CEO’s opening sentence (“While we have…”) and does not contain the typical “Risk Factors” or “Forward‑Looking Statements” section that most earnings releases include.

Because the excerpt does not contain any of the following details that are normally disclosed (e.g., inflation, interest‑rate changes, supply‑chain disruptions, geopolitical tensions, commodity‑price volatility, or other macro‑economic conditions), we cannot identify any particular risk or macro‑economic factor that the company highlighted as a possible influence on its future performance.

In short: The provided news snippet does not contain any information about potential risks or macro‑economic factors that could affect Acacia’s (or “Acadia’s”) future performance. To obtain that information you would need to review the full earnings release or the accompanying “Risk Factors” and “Forward‑Looking Statements” sections that are typically included in the full press release or the accompanying 10‑Q filing.