Basically;
Crytek can pursue the claim that SC is making two games and get damages for this. Tho, they have to prove that they didn't sign over the ability to work on two games. (even tho its in the agreement, the court felt this was ambiguous enough to argue in court)
Crytek can pursue the claim that CIG didn't forward engine advancements back to Crytek as agreed. (CIG will counter I assume that Crytek didn't provide tech support to CIG AND they did forward builds and tech)
CIG wasn't REQUIRED to use cryengine - This got thrown out
Furthermore - Whoever wins can get legal fees paid by the losing party.
Lastly, the original contract was 2 million roughly, since punitive damages were thrown out, you can only recoup statutory damages, (statutory damages would be the contract value itself) so that's all that's at risk plus legal fees.
So, the TLDR; CIG worst case scenario, CIG loses 2 million plus legal fees, best case scenario, case is thrown out and Crytek is on the hook for CIG legal fees.