Dec. 22 at 7:16 PM
$NAGE The financial implications of this patent deal are intriguing. While I cannot find the EXACT (legacy) royalty payment to Queen’s University Belfast, multiple AI models suggest a rate between 2% and 5% of related sales. This could be upwards of 2M-5M on a related 100M revenue stream. And, this would have been much higher in 2026 as overall sales could reach 150M.
This is now essentially a FIXED payment of ~
$550,000 per year (2026-2038) with some 1.5M and 2.0M payments in 2035 and 2038, respectively.
Aside from the highly advantageous and strategic implications on OWNING the patents, this could easily add several points to the margins next year.
If the gross margin is 65% and the Net Margin is 16%-18%, 2026 could be a very good year.
