BRN Discussion Ongoing

[Slade]

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? ..

CEO Sean Hehir was a great appointment.

 

[buena suerte :-)]

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.


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Yak52 . GLTAH

Maybe another Announcement????

 

[Filobeddo]

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

Yeah key word ‘incurred’, but still good

 

[Kachoo]

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

Yeah i see that know i would have had that in the expense pragraph any way it the 2nd gen that's exciting me! We increased real revenue and cost are in check wait and speculate for the next C4!

 

[Iseki]

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? ..

Ha ha. Not long now until you can put them on a car actually driven by the number plate.

 

[wilzy123]

Extremely happy with this 4C!

Especially happy to see this "In the June quarter, BrainChip incurred $0.77M in third party licenses and hardware related to the development of next-generation Akida engineering samples."!

Everything moving ahead nicely IMO.

 

[Kachoo]

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.

Yeah i see that the talk about expenses new paragraph and then income then a sentence on expenses I'm at work reading fast and miss interpreted this bigger should remove that post I recon.

 

[DingoBorat]

Cash down less than 3 million US for the quarter, I'm very happy with that!

US markets a bit of a shocker overnight, it will be interesting what the shorters do..

 

[Learning]

Do you want to have a crack at the P/E. Under more favourable market conditions than we are experiencing atm, most tech companies like BRN are around 80.

Just an estimate:-

Learning
Its great to be a shareholder.

 

[Proga]

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!

ROFL. Pretty much spot on Slade. It continues to surprise me how tight considering there are 5 sites. However, it must be the shortest quarterly activities report I've ever read in 30 yrs and I've read a couple of thousand of them.

 

[TECH]

Good morning All,

"On-time, On budget"

As a number have already pointed out, it was a solid 4C...every expense appears to have been well controlled.

Company's adhering to what was promised a few years ago, to tighten it's belt, hold staff to account, reward excellent performance,
drive the company forward to an successful commercial release....things as mentioned "are progressing daily"

The revenue was double what I was personally expecting, but no complaints from me !

This comment from Sean is very telling....."The company continues to invest in development of next-generation Akida IP and products
to extend our technological lead".

Notice the word used was extend NOT maintain.

Meaning, not to maintain our 3 year lead but to extend on that again, that indicates a level of confidence that comes directly from
the founder and the elite team that he has gathered around him to deliver next-generation Akida IP...Sean is driving both Peter and Anil
to not only maintain our lead but to extend it, as in, push home our technological advantage, or to put it another way, bury the imaginary
opposition for good...trying to pull back a lead of potentially 5 years and beyond is impossible, unless they become one of us and join
Akida's Army....God Bless our Founder/s...Amen.

Tech x

 

[Learning]

Tonight I Celebrate My Love for Akida ❤❤❤
Tonight I Celebrate My Love https://g.co/kgs/NHVkoe

It's great to be a shareholder.

 

[DingoBorat]

HAHAHAH!
Shorters are at it already!
Trying to "sell" disappointment in the quarterly

Those guys are in sooo much trouble..

 

[Reuben]

Yes.... yes.. over a million...
No clue how many customers would have paid 200k each?? But looks like there could be between 2-6 customers behind those receipts.(pure speculation) this is awesome.. all expenses in check as well... DYOR..

 

[wilzy123]

Imagine how desperate the shorts must feel right now....

 

[curlednoodles]

HAHAHAH!
Shorters are at it already!
Trying to "sell" disappointment in the quarterly

Those guys are in sooo much trouble..

I love the smell of shorters burning in the morning!

 

[Cgc516]

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

Will we see a new generation Akida some days next quarter?

 

[Filobeddo]

HAHAHAH!
Shorters are at it already!
Trying to "sell" disappointment in the quarterly

Those guys are in sooo much trouble..

& sell side looking thin, with first 200k level at $1.30

 

[wilzy123]

 

[buena suerte :-)]

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