We don't know the rumors are accurate. If they are accurate, we don't know when the license ends. The bigger question for many of us would be how the long list of unfulfilled preorders would be handled. We don't know what the situation is with those products. The people making the decisions on the license do.
There have been similar rumors previously. Obviously the rumors weren't accurate back then. Anovos has made changes to deliver new products in a timely manor. The backlog is the issue. It doesn't make sense to me that they would be allowed to keep the license when they were delivering very little to customers and the license would be taken away after they made changes and are delivering new products to customers.
Don't forget that Anovos has made more items than most customers are aware of. Examples are the 501st FO TK armor, FO TK suits for the Disney rides, like size statues of the FO TK, Death Trooper, and Sith Trooper. It appears Anovos OT TK items were used for hero suits during filming of the Mandalorian. Disney may be satisfied with Anovos's performance if Anovos was putting their priorities where Disney wanted them.