BRN 2.33% 22.0¢ brainchip holdings ltd

Ann: 2023 Full Year Results Announcement, page-20

  1. 1,142 Posts.
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    That revenue was clocked on the previous year when Megachips signed on and sold on 2 IPs to its customers I believe this was talk a few years back so things are foggy but go back and reef the megachips IP deal. Or was it a milestone payment.

    Basicly the way I understood this was they had the ability to sell on IP and support it.

    So when their customer finally has completed the products royalties will start to flow.

    This is my opinion and how I understood the deal hence the delayed balloon payment. IMO.

    hope it helps but it balances out the books I know that.

 
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