The value of software IP in public companies is generally considered to be immaterial. It is surprising, however, that the "risk factors" section of publicly t

The value of software IP in public companies is generally considered to be immaterial. It is surprising, however, that the "risk factors" section of publicly traded US companies does not contain a clause that says that the software IP on the balance sheet is one SCOTUS ruling or federal law away from a logarithmic re(valuation|statement). This is covered by more general "laws and regulations" clauses, but IMHO software IP legal climate risk should have its own subsection in firms with substantial software divisions.