Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 20

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1
Chunk 20
---
 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 if we fail to protect our technology, we could incur material harm to our business.

We rely principally on a combination of contract provisions and copyright, trademark, patent and trade secret laws to protect our proprietary technology. Despite our efforts to protect our proprietary rights, unauthorized parties may attempt to copy aspects of our products or to obtain and use information that we regard as proprietary. Policing unauthorized use of our products is difficult. Litigation may be necessary in the future to enforce our intellectual property rights, to protect our trade secrets or to determine the validity and scope of the proprietary rights of others. This litigation could result in substantial costs and diversion of resources, whether or not we ultimately prevail on the merits. The steps we take to protect our proprietary rights may be inadequate to prevent misappropriation of our technology; moreover, others could independently develop similar technology.

We could be subject to claims that we infringe intellectual property rights of others, which could harm our business, financial condition, results of operations or cash flows.

Third parties could assert infringement claims in the future with respect to our products and technology, and such claims might be successful. Litigation relating to any such claims could result in substantial costs and diversion of resources, whether or not we ultimately prevail on the merits. Any such litigation could also result in our