Chart, page-11653

Show me a contract value from a Material Contract for IP from any tech company in the world before it goes into production and then sold on to consumers??

You clearly do not understand how royalties work and how intellectual property is used as a license, key word “license”

meaning the company who has signed the material contract, in this case being Renesas, will use Brainchips IP and Brainchip will get royalties from each sale and for the entire life of the product.

In 2022 and beyond, we will see where renesas will be using Brainchips IP and then we will be getting royalties from Renesas.

I’ve said it many times and I’ll say it again, this is not selling soft drink or chewing gum to the local convenience store, where they call up Coca-Cola and say “hey John, can I order 10 cases of Coca-Cola please, yes Matthew that’ll be $120 thanks”

this is selling highly classified Intellectual Property which Brainchip has patented and licensed, and then the revenue comes in 2022, it will be substantial IMO, you only have to DYOR on renesas and their products and customers to understand the validation and revenue it will bring to Brainchip.