PATS theft light should flash a 2 digit code
Short Video here on that:
https://www.youtube.com/watch?v=0kBZeBbb9PM
Turn key on and theft light will flash rapidly if there is a PATS problem, leave key ON
Wait about a minute and it should flash a 2 digit code and repeat it
From Fordtalk forum
The PATS LED will flash quickly for 1 minute, and then
start flashing the fault code as follows:-
Example : code 31
3 Flashes
1 Flash
Three seconds delay
Repeat of code for 10 times
Code Descriptions :-
Code 11 Transceiver not connected
Code 12 Transceiver
Code 13 No key data received
Code 14 Part of the transponder code received
Code 15 Wrong transponder key
Code 21 Less than the minimum keys required programmed
Code 22 Failed diesel pump control unit identification
Code 23 The response code between pump control unit & powertrain
The Transceiver is the metal antenna(ring) around the ignition key slot, it picks up RFID tag number from the key for computer to read and compare
Transponder is the RFID tag in the keys handle
Usually it doesn't matter but if you have multiple Ford vehicles that use PATS then keep them on separate key rings, having two PATS keys close to the transceiver could cause "garbled" read of one key only