{"url_path":"/sec/gpro/8-k/2026-05-18/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 Regulation FD Disclosure.","topic":"sec","document":{"doc_type":"8-K/A","doc_date":"2026-05-18","source_url":"https://www.sec.gov/Archives/edgar/data/1500435/0001628280-26-035795-index.html","accession_number":"0001628280-26-035795","cik":"0001500435","ticker":"GPRO","issuer_name":"GoPro, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1500435/0001628280-26-035795-index.html","primary_entity_key":"0001500435","primary_entity_name":"GoPro, Inc."},"word_count":322,"has_tables":true,"body_markdown":"Item 7.01. Regulation FD Disclosure.\n\nAs previously disclosed in the Original Form 8-K, non-practicing entity Contour IP Holding LLC (“CIPH”) and its affiliates have filed lawsuits against GoPro, Inc. (the “Company”) in various federal district courts alleging patent infringement of the Company’s camera products. A trial for Contour IP Holding, LLC v. GoPro, Inc. (Case No. 3:17-cv-04738WHO) commenced on September 29, 2025, before the United States District Court for the Northern District of California (the “Court”). On October 10, 2025, the jury concluded that none of the Company’s products commercially launched from 2020 – 2024, including HERO9 Black to HERO13 Black, infringe the two asserted patents. Additionally, the jury invalidated the only asserted claim of one of the two patents. With respect to the other asserted patent, the jury found one independent claim valid but also determined that the related dependent claim was invalid. As a result of the sole patent claim found to be valid and infringed, the jury awarded CIPH $8,200,000 in past damages for certain legacy products that were no longer made or sold by the Company. Following the jury verdict, Company and CIPH each filed post-trial motions challenging aspects of the jury’s verdict.\n\nOn May 14, 2026, the Court issued an Order on Post-Trial Motions (“Order”). The Court granted the Company's motion for judgment as a matter of law, finding that the sole remaining valid patent claim (claim 11 of U.S. Patent No. 8,890,954) invalid as obvious. In light of the October 10, 2025 jury verdict and the Order, all asserted claims of both patents have been found invalid. The Court vacated the $8,200,000 in its entirety and denied all of CIPH's post-trial motions, including CIPH’s motions for judgment as a matter of law and for a new trial. As a result, the Company has no liability arising from the case. The Court's ruling is subject to appeal to the U.S. Court of Appeals for the Federal Circuit."}