A lot of reading.. some key take aways from this in terms of current sales.. direct quotes:
"we also continued to promote BrainChip’sIP which landed us our first Intellectual Property License Agreement with a leadingJapanese semiconductor company in the fourth quarter of 2020." (As everyone knows is Renesas)
"Earlier this year we received our first order for an IP license. That project is running well, andthe client is happy with our level of support."
(The deal is going well..)
"The IP licensing model that we use is financially attractive. After the initial licensing fees insuccessive years, the client pays royalties on each product that is manufactured. Royaltiescontinue over the life of the product. This has a cumulative effect – royalties stack up over"
(Prepare for steady income!!)
"Once a requirement goes over a million units, we recommend licensing our IP to build acustom chip. This would be the case for instance for consumer goods. "
(Could it be that Renesas is expecting to order over a million units... wild. You're all welcome, there were many pages to read through)
A lot of reading.. some key take aways from this in terms of...
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