Paltalk wins $65.7M final judgment against Cisco; net proceeds estimated at ~1/3

INTELLIGENT PROTECTION MANAGEMENT CORP.

Final judgment entered Oct 8, 2024, confirms jury award of $65.7M in patent infringement case.
Company estimates net proceeds no more than ~$21.9M after legal fees and expenses.
Judge Alan D. Albright signed; Cisco may file post-trial motions or appeal.
Paltalk holds 8 US patents; intends to continue vigorous defense of IP.

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