Obviously, you've done no research. The customers pay WBT for work done via a comprehensive fee structure. WBT have already been paid licensing revenues this year, as stated in the Q2 quarterly (and more are expected) :
"First IP revenues
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.
Weebit’s embedded ReRAM will generate revenues from foundries, IDMs, and product companies in three main ways: licensing fees for design and manufacture; engineering fees for designs and processes; and royalties per customer use. Royalties will be received once customers begin shipping end products.
In 2024, Weebit expects to continue receiving initial small licensing and NRE payments from its existing customers, as well as others which will be signed up during the year. As it takes customers more than a year and a half from when they engage with Weebit until they enter mass production, no royalty payments are expected in 2024."
All IMHO, DYOR
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