Final Cut Pro X is a professional editing software which allows user to import video, and then edit it, organize, process, color-grade, deliver and output the plain video, 360° video and audio files to a wide variety of formats.
Final Cut Pro X is a non-linear video editing software originally developed by Macromedia Inc. and later by Apple Inc. The most recent version, Final Cut Pro X 10.6.6, runs on both Apple silicon and Intel-based Mac computers powered by macOS version 12.6 Monterey or later.
The software allows users to log and transfer plain video or 360° video onto a hard drive (internal or external), where it can be edited, processed, and output to a wide variety of formats.
Detailed information can be get on Wiki Final Cut Pro X.
It has got some standard XML Interchange Format, termed as FCP XML which provides extensive access to the contents of Final Cut Pro X projects, including edits and transitions, effects, layer-composition information, and organisational structures.