If someone uses BRN IP through a relationship with MegaChip we would not need to disclose that. BRN may not be aware of it till further down the product development lifecycle based on NDA with MegaChip and their client.
We have an agreement we have annouced to the market with MegaChip and that comes with (not seen by us) commercial terms for royalty as events trigger these payment. As shareholders unless a client shares this information we just need to look at the financials.
so yes the upcoming report could well have surprises but i dont have expectations here in this report.
I do keep coming back to PVDM comments around MegaChip. That the deal is transformational for BRN and the market does not as yet understand this. i have to think he knows and thinks before making such a statement. For example if he had a very good inclination that this would lead to BRN IP being in every future nintendo device in several years this is exactly what i would say to share my enthusiam with the restrictions of not being able to say everything i wanted to say.
What we do know is that MegaChip is pivoting their business to edge AI capabilities and have chosen BRN as their main technology in working with their customers to being new advanced products to market.
https://www.theregister.com/2022/04/26/megachips_ai_partner_program/