BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
BaconLover
Founding Member
wilzy123
Founding Member
This is just the flat part of the lump.
toasty
Regular
If they have "recognised" the income then regulations require that the company has a reasonable expectation of collecting the amount recognised - its just a matter of when. I did warn 3 months or so ago that shareholders should acquaint themselves with the difference between revenue recognised and cash collected.
That said, I was in the software business for a large part of my working life and have seen all manner of licensing conditions, including some that were, for want of a better term, vapourware. One of the difficulties with having a "pull through" licensing model (i.e. one where the immediate customer is not necessarilly the one making saleable products from the technology) is that you are reliant on your immediate client (eg. Megachips) signing up their clients to conditions that are favourable to you. It is doubly difficult when the technology being licensed is brand new and unproven in the general marketplace..................
There is no doubt that BRN's IP has been de-risked by being incorporated in some astonishingly good projects (eg, NASA, Mercedes and Prophesee) but it is clearly going to take more time for that to trickle down to incorporation in large scale deployments (i.e. very profitable and cash flow positive). If you are a believer then you are going to have to exercise patience, no matter how difficult that may be.
FWIW and DYOR
I thought we would have more by now.
AusEire
Founding Member. It's ok to say No to Dot Joining
I know the feeling mate! Can't go anywhere these days without getting harassedHandsomeness can be a curse
SERA2g
Founding Member
Thank you toasty. Awesome feedback.If they have "recognised" the income then regulations require that the company has a reasonable expectation of collecting the amount recognised - its just a matter of when. I did warn 3 months or so ago that shareholders should acquaint themselves with the difference between revenue recognised and cash collected.
That said, I was in the software business for a large part of my working life and have seen all manner of licensing conditions, including some that were, for want of a better term, vapourware. One of the difficulties with having a "pull through" licensing model (i.e. one where the immediate customer is not necessarilly the one making saleable products from the technology) is that you are reliant on your immediate client (eg. Megachips) signing up their clients to conditions that are favourable to you. It is doubly difficult when the technology being licensed is brand new and unproven in the general marketplace..................
There is no doubt that BRN's IP has been de-risked by being incorporated in some astonishingly good projects (eg, NASA, Mercedes and Prophesee) but it is clearly going to take more time for that to trickle down to incorporation in large scale deployments (i.e. very profitable and cash flow positive). If you are a believer then you are going to have to exeercise patience, no matter how difficult that may be.
FWIW and DYOR
H.E. Pennypacker
Regular
Get it onto the buy list mate..WBT is a beast in the making.
Mugen74
Regular
Inflation!
The only part of the 4C that gives us s/holders some hope I beleive, is the following significant statement made in the report,.... that being:
" We are seeing the greatest amount of sales activity and engagement in the Company’s history. "
IMO..... If these sales activities and engagements doesn't show or reflect an upward trend in the next 4C .... then Sean H should have some concerns and upset s/holders that he will need to deal with at the next AGM !!!
" We are seeing the greatest amount of sales activity and engagement in the Company’s history. "
IMO..... If these sales activities and engagements doesn't show or reflect an upward trend in the next 4C .... then Sean H should have some concerns and upset s/holders that he will need to deal with at the next AGM !!!
David holland
Regular
Nxt quarter will be a big 1 in Brainchips history, the CEO Spoke and where no where near his 4 to 5 billion market cap
VictorG
Member
BRN has 18 months of runway and its energy is now being focused on meeting sales goals in the December quarter and onwards - that is my number 1 takeaway from this 4c.
I would have liked revenue in this 4c but we were told that revenue will kick in at the end of 2022 so no big surprise then.
The global headwind as mentioned in the 4c would have pushed BRN activity/revenue out by a qtr and I think the share price shows it. So I'm hoping the share price has already priced that in and it will hold in the low to mid 80 cents range for a few days then rising steadily over the next 3 months.
When I first invested on BRN, I did so with a 2024 target price in mind. Not that I will sell any BRN shares if my target price is achieved but rather use it as a guide on the performance of BRN. So until 2024, the price will do what the price does and nothing will change that.
I believe we will look back and recall this day to be a pivotal moment on the journey of our BRN lives. It's a marathon, not a sprint and only LTSH's will win the day.
I would have liked revenue in this 4c but we were told that revenue will kick in at the end of 2022 so no big surprise then.
The global headwind as mentioned in the 4c would have pushed BRN activity/revenue out by a qtr and I think the share price shows it. So I'm hoping the share price has already priced that in and it will hold in the low to mid 80 cents range for a few days then rising steadily over the next 3 months.
When I first invested on BRN, I did so with a 2024 target price in mind. Not that I will sell any BRN shares if my target price is achieved but rather use it as a guide on the performance of BRN. So until 2024, the price will do what the price does and nothing will change that.
I believe we will look back and recall this day to be a pivotal moment on the journey of our BRN lives. It's a marathon, not a sprint and only LTSH's will win the day.
Lex555
Regular
The $3.4m accounts receivables in the half yearlys had terms of under 90 days which should mean receipts collected for this quarter.If they have "recognised" the income then regulations require that the company has a reasonable expectation of collecting the amount recognised - its just a matter of when. I did warn 3 months or so ago that shareholders should acquaint themselves with the difference between revenue recognised and cash collected.
That said, I was in the software business for a large part of my working life and have seen all manner of licensing conditions, including some that were, for want of a better term, vapourware. One of the difficulties with having a "pull through" licensing model (i.e. one where the immediate customer is not necessarilly the one making saleable products from the technology) is that you are reliant on your immediate client (eg. Megachips) signing up their clients to conditions that are favourable to you. It is doubly difficult when the technology being licensed is brand new and unproven in the general marketplace..................
There is no doubt that BRN's IP has been de-risked by being incorporated in some astonishingly good projects (eg, NASA, Mercedes and Prophesee) but it is clearly going to take more time for that to trickle down to incorporation in large scale deployments (i.e. very profitable and cash flow positive). If you are a believer then you are going to have to exercise patience, no matter how difficult that may be.
FWIW and DYOR
If all we can do is watch the financials we must be able to also trust the financials and this if I’m being honest has me concerned
Fullmoonfever
Top 20
Me n the 4C
HopalongPetrovski
I'm Spartacus!
If a down night on Wall St and they decide to give it a good push down, maybe a good buying op.
Already raided the bloody couch!!!
Much of a market on Onlyfans for wrinkled ball sacks?
Asking for a friend...........
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