Item 1. Legal Proceedings
Item 1. LEGAL PROCEEDINGS
Other than as discussed below, during the period covered by this report, there were no material developments in the legal proceedings disclosed in our Annual Report on Form 10-K for the year ended December 31, 2022.
Pegasystems Litigation
On March 29, 2023, we filed our response brief in Appian Corp v. Pegasystems Inc., No. 2020-07216 (Fairfax Cty. Ct.) . Pegasystems filed a reply brief on May 3, 2023. The timeline of the case is solely within the control of the Court of Appeals until it rules. Refer to Note 12 in the accompanying condensed consolidated financial statements for further information.
Other Matters
From time to time, we may become involved in legal proceedings or be subject to claims arising in the ordinary course of our business. Other than as disclosed elsewhere in this Quarterly Report on Form 10-Q, we are not presently a party to any legal proceedings that, if determined adversely to us, would individually or taken together have a material adverse effect on our business, operating results, financial condition, or cash flows. Regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors.
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