This strikes me as a good use of $$ by the company. AYSI paid out over $5M on this royalty agreement over the past 4 years, so they're paying about 4x "earnings" IMO. Another way to look at it is that they just boosted gross margins by 6% with the stroke of a pen. And they still have over $8M in cash in the bank...
Not everything that can be counted counts, and not everything that counts can be counted. ----Albert Einstein
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