BRN Discussion Ongoing

jla

Regular
Silly question, but are we in a trading halt? Having trouble on the NAB platform with any stocks, seeing where it is shown as trading halt.
I know atm its not open for trade but the estimated open and depth of buy/sell has not budged since announcement, which normally happens with a halt. If anyone is using NAB( not the app) and know where it is shown I would appreciate any help.
It is ok on Westpac, No trading holt.
 
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GDJR69

Regular
It's a better 4C than I was expecting and although obviously I"m pleased with the $1.2m revenue what I am actually more pleased about is that the company spent $1.7m on R&D and says:

'In the coming quarter, the Company will be focused on deepening existing customer relationships and converting technical evaluations. In addition, the Company continues to invest in development of next-generation Akida IP and products to extend our technological lead.'
 
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Fredsnugget

Regular

Slade

Top 20
Here is BrainChip's modest message to the World:

We have entered partnerships with no other than ARM, SiFive and Prophesee (stick that up your ASX reporting regulations). We have a bucket load of cash and $$$ are starting to flow in from customers. Our customer relationships will continue to strengthen as they bring their products to market. We run a tight ship as we continue to develop our next generation of Akida and products. Watch this space!
 
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wilzy123

Founding Member
What does 'converting technical evaluations' mean?
It means that some prospects are still evaluating the tech in the context of their own needs/designs... and this comment means "lets get them further along in the purchase cycle - i.e. making them a paying customer".
 
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alwaysgreen

Top 20
Lets hope this is the last 4C with revenue less than $4 million.

Next q, $5 mill, December quarter $8 mill, then next year we will have to be in the double digits per quarter.

That's my dream anyway. 2025, triple digit millions of revenue per quarter!
 
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sleepymonk

Regular
Read the release slowly and carefully the 0.77 million section
what is more exciting is " third party licenses", my interpretation is, 1} these fees are not directly from our two lP licencees. 2} licenses
 
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Incurred.

We spent money on 3d party licencing and hardware in our next Dev. That's all good and part of Dev but.....

I'd like to know who's licence....tailored, requested, hybrid.......hmmm


IMG_20220727_073814.jpg
 
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JK200SX

Regular
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wilzy123

Founding Member
Incurred.

We spent money on 3d party licencing and hardware in our next Dev. That's all good and part of Dev but.....

I'd like to know who's licence....tailored, requested, hybrid.......hmmm


View attachment 12531

Correct. It is an expense. And very interesting to see here as well!
 
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Yak52

Regular
GREAT 4C - Receipts from customers for the quarter were US$1.2M, an increase of US$1M in Q1-22. (Quote 4C)

Very happy to see that number! Missing Top 20 after it being promised by Tony is perplexing. Tony?

Below is BRN overnight finish on the USA Markets being UP +4.85%

Combined with todays released great 4C we should have ROCKETs on our screens.



BRN Europe SP at 0150 am 26 July 2022.jpg



Yak52 . :cool: GLTAH
 
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TheDrooben

Pretty Pretty Pretty Pretty Good
GREAT 4C - Receipts from customers for the quarter were US$1.2M, an increase of US$1M in Q1-22. (Quote 4C)

Very happy to see that number! Missing Top 20 after it being promised by Tony is perplexing. Tony?

Below is BRN overnight finish on the USA Markets being UP +4.85%

Combined with todays released great 4C we should have ROCKETs on our screens.



View attachment 12527


Yak52 . :cool: GLTAH
Top 20 could be a separate ann like back in Jan
 
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Slade

Top 20
.77 is a cost associated with next generation Akida, not revenue. But that is very cool.
 
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Sirod69

bavarian girl ;-)
I'm looking forward to the Motley Fool write up this afternoon with the title, "Why did the Brainchip share price rally up to $6.88 today?". :)
but not under the 5 he choose
 
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Iseki

Regular
G
Incurred.

We spent money on 3d party licencing and hardware in our next Dev. That's all good and part of Dev but.....

I'd like to know who's licence....tailored, requested, hybrid.......hmmm


View attachment 12531
Great question. ARM?
 
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BonezDiez

Emerged
A lot of posts about 600% increase Q/Q but arnt we back to Dec 2021 4C when we made $1M ?
 
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wilzy123

Founding Member
.77 is a cost associated with next generation Akida, not revenue. But that is very cool.

I like this part A LOT!
 
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alwaysgreen

Top 20
G

Great question. ARM?
ARM is the most likely imo. Exactly who it is though, we may never know.

I actually enjoy the mystery and secrecy around our revenue sources. It means that companies value our product so highly, that they are trying to use it as a competitive advantage. Obviously it goes against us wanting to be ubiquitous but eventually, word will get around and we will be.
 
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Costs down for the quarter, that's a big surprise!

Satisfying increase in cash recipients!

Engineering Samples of next generation AKIDA, being developed!!

Still using the name AKIDA!

Do I renew my custom number plates? 🤔..
 
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Diogenese

Top 20
@Filobeddo sorry mate flat out at work but if you read the release it says related to the next gen Akida orders. I hope I did not miss read that.
Hi Kachoo,

Unfortunately you did misread. The context of the paragraph is about outgoings.

"Incur" means to take on the burden of something.

We spent $0.77M on third party licences and hardware developing the next generation SNN.
 
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