Just revisiting Renasas announcement from Dec 2020 "BrainChip has signed an intellectual property licensing agreement with major semiconductor manufacturer Renesas Electronics America. Under the agreement, Renesas will gain the single-use, royalty-bearing, worldwide design license for the rights to use the Akida IP, as well as connected support services from BrainChip.In exchange, BrainChip can expect ongoing royalty payments, as well as further additional payments based on the volume of processors sold"
So it seems we have received zero royalty payments and no payments based on volume, so this makes it pretty clear we have sold nothing via the Renasas deal, I still belive this is part of the reason why LDN was stood down, maybe he over exaggerated the Renasas deal and the board had to make a call to clean up the mess...just my thoughts
2021 BRN Discussion, page-17050
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