I don't think you need an IP deal to get the stock back up to...

I don't think you need an IP deal to get the stock back up to 20s or 30s.

What you need is investor confidence to return to hit those marks.

IP deals depending on who will will be valued at what the market dictates. But yes an IP deal will result in confidence.
I personally don't expect much in IP deals more partnerships at the moment as I think IP deals get struct when the design is a win. Reason is that the partners both take on risk.

Example Microchip our partner buys IP well know they are on the books to make the sale correct .

if they have a partnership both BRN and Microchip are on the book to make a sale with no risk of upfront cash payment. This spreads risk

So Onsemi Microchip and Infineon are likely very valuable partnerships IMO They will bring the product to market with BRN.

If they bought the IP they would have then had to build the product solely. Get charged by BRN for any support. They took on the risk.

Just my opinion and view of what these partnerships mean.

The time to market is not longer or shorter with a Partnership or IP deal for a product but less money is exchanged up front.