"In Q2 FY24, Weebit Nano received its first IP licensing revenues for its embedded ReRAM. While initial proceeds from licensing fees are relatively small, totaling A$457,000, they demonstrate the Company’s significant technical progress in recent years."
$457k is probably greater than expected by most.
I like the fact following the initial revenue announcement, the company has been quiet on follow up revenue. This I believe, is a good sign for the future.
Everything is as expected from an initial read, nothing to indicate any imminent signing.
Ann: Weebit Nano Q2 FY24 Activities Report and Appendix 4C, page-3
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