Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 159

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 159
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, could give our competitors access to our technology and could materially
and adversely impact our business and operating results. Any increase in the unauthorized use of our intellectual property could also
divert the efforts of our technical and management personnel and resulting in significant additional expense to us, which could materially
and adversely impact our operating results.

Finally, in order to protect our intellectual
property rights, we may be required to spend significant resources to monitor and protect these rights. Litigation brought to protect
and enforce our intellectual property rights could be costly, time-consuming, and distracting to management and could result in the impairment
or loss of portions of our intellectual property. Furthermore, our efforts to enforce our intellectual property rights may be met with
defences, counterclaims, and countersuits attacking the validity and enforceability of our intellectual property rights. Negative publicity
related to a decision by us to initiate such enforcement actions against a customer or former customer, regardless of its accuracy, may
adversely impact our other customer relationships or prospective customer relationships, harm our brand and business, and could cause
the market price of our common stock to decline. Our failure to secure, protect and enforce our intellectual property rights could adversely
affect our brand and our business.

We may be liable for infringing the intellectual property rights
of others.

Our competitors may develop similar intellectual
property, duplicate our products and/or services, or design around any patents or other intellectual property rights we hold. Litigation
may be necessary to enforce our intellectual property rights or to determine the validity and scope of the patents, intellectual property,
or other proprietary rights of third parties, which could be time-consuming and costly and have an adverse effect on our business and
financial condition. Intellectual property infringement claims could be made against us and our ecosystem partners, especially as the
number of our competitors grows. These claims, even if not meritorious, could be expensive and divert our attention from operating our
company and result in a temporary inability to use the intellectual property subject to such claim. In addition, if we, our ecosystem
partners, and/or customers become liable to third parties for infringing their intellectual property rights, we could be required to pay
a substantial damage award and develop comparable non-infringing intellectual property, to obtain a license, or to cease providing the
content or services that contain the infringing intellectual property. We may be unable to develop a non-infringing intellectual property
or obtain a license on commercially reasonable terms, if at all.

We may not be