No, please read the announcement again. Nowhere in the announcement does it say that the license fee is $2M.
Brainchip anticipates that it will recognize aggregate revenue of approximately US$2 million
under the agreement over the current financial year and the financial year ending 31
December 2022 and expects to recognize additional revenue from the license fee and
additional revenue opportunities noted above in subsequent financial years
Note the term aggregate. The agreement consists of the license fee, royalties, project fees and support fees. The only way it could be $2M plus royalties, etc on top is if those sat outside of the agreement - not the case.
The additional revenue from royalties, project fees and support fees are in subsequent financial years.
No, please read the announcement again. Nowhere in the...
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