Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 199

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1A
Chunk 199
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 certain components into, or
using vehicles or offering goods or services that incorporate or use the challenged intellectual property;

●pay substantial damages;

●seek a license from the holder of the infringed intellectual
property right, which license may not be available on reasonable terms or at all;

●redesign our vehicles or other goods or services; or

●establish and maintain alternative branding for our products
and services.

In the event of a successful
claim of infringement against us and our failure or inability to obtain a license to the infringed technology or other intellectual property
right, our business, prospects, operating results and financial condition could be materially and adversely affected. In addition, any
litigation or claims, whether or not valid, could result in substantial costs, negative publicity and diversion of resources and management
attention.

24

If we are unable to adequately establish,
maintain, protect and enforce our intellectual property and proprietary rights, our reputation may be harmed, we may be subject to litigation,
and our business may be adversely affected.

Our future success and competitive
position depend on our ability to establish, maintain, protect and enforce our intellectual property and proprietary rights. We currently
hold one trademark in the United States. Other than that, we do not own any issued patents, copyright nor other intellectual property
registrations in the United States. We also seek to protect our trade secrets and other proprietary information through common law
copyright and trademark principles, but these actions may be inadequate. The steps we have taken and will take may not prevent unauthorized
use, reverse engineering or misappropriation of our technologies and we may be unable to detect any of the foregoing. Our lack of intellectual
property protection in the United States may restrict our ability to protect our technologies and processes from competition. Defending
and enforcing our intellectual property rights may result in litigation, which can be costly and divert management attention and resources.
We plan to apply for patents, additional trademarks and other intellectual property registrations in the United States in the future
to protect our brand and technologies. However, the intellectual property application process is complex and can be time-consuming. Even
after investing significant resources in preparing and filing an application, there is no guarantee that it will be granted. If our efforts
to protect our technologies and intellectual property are inadequate, the value of our brand and other intangible assets may be diminished
and competitors may be able to mimic our cloud services. Any of these events could have a material adverse effect on our business, prospects,
financial condition and