Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 178

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1A
Chunk 178
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 we cannot assure you that others will not assert rights in, or ownership of, trademarks and other proprietary rights of ours or that we will be able to successfully resolve these types of conflicts to our satisfaction. Our failure to protect our intellectual property rights may result in a loss of revenue and could materially adversely affect our operations and financial condition.

In addition, any patents issued in the future may not provide us with any competitive advantages, and our patent applications may never be granted. The process of obtaining patent protection is expensive and time-consuming, and we may not be able to prosecute all necessary or desirable patent applications at a reasonable cost or in a timely manner. Even if issued, there can be no assurance that these patents will adequately protect our intellectual property, as the legal standards relating to the validity, enforceability and scope of protection of patent and other intellectual property rights are complex and often uncertain and are subject to change that can affect validity of patents issued under previous legal standards, particularly with respect to the law of subject matter eligibility. Our inability to protect our property rights could adversely affect our financial condition, operating results and growth prospects.

Our proprietary software is
protected by common law copyright laws, as opposed to registration under copyright statutes. We have not registered copyrights on any
of the proprietary software we have developed. Our performance and ability to compete are dependent to a significant degree on our proprietary
technology. Common law protection may be narrower than that which we could obtain under registered copyrights. As a result, we may experience
difficulty in enforcing our copyrights against certain third-party infringements. As part of our confidentiality-protection procedures,
we generally enter into agreements with our employees and consultants and limit access to, and distribution of, our software, documentation
and other proprietary information. There can be no assurance that the steps we have taken will prevent misappropriation of our technology
or that agreements entered into for that purpose will be enforceable. The laws of other countries may afford us little or no protection
of our intellectual property. We also rely on a variety of technology that we license from third parties. There can be no assurance that
these third-party technology licenses will continue to be available to us on commercially reasonable terms, if at all. The loss of or
inability to maintain or obtain upgrades to any of these technology licenses could result in delays in completing software enhancements
and new developments until equivalent technology can be identified, licensed or developed and integrated. Any such delays would materially
and adversely affect our business.

We could incur substantial cost in protecting our proprietary software technology and