BRN Discussion Ongoing

Deena

Regular
This movement in the BRNASX share price cannot be as a result of a predicted lumpy result in the 4C.

So I must have missed a negative article or news release advising one or all of the following:

1. Brainchip is no longer trusted by Valeo and Valeo has pulled the pin on their EAP relationship;

2. Brainchip is no longer trusted by Mercedes Benz and they no longer consider Brainchip Ai Experts;

3. Brainchip is no longer trusted by NASA and they have given formal notice ending their EAP relationship;

4. Brainchip is no longer engaged with ISL and ISL has given notice ending their formal EAP relationship despite their successful cognitive radar project with the US Airforce Research facility;

5. Brainchip and Prophesee are no longer partnering to bring the ultimate intelligent event based sensor to the market;

6. Brainchip has been removed from the ARM ecosystem as they have discovered it does not work with their entire semiconductor range dramatically enhancing performance and slashing power requirements;

7. Brainchip and Edge Impulse are ending their partnership despite all of the joint development work to include Meta TF in Edge Impulses development platform used by over 50,000 developers and all the joint presentations past and future;

8. Brainchip has been handed back the IP purchased by Renesas despite the comments from Renesas of a few weeks ago as to their ongoing relationship;

9. Brainchip has been advised by MEGACHIPS that despite having spent two years training their engineers to design and integrate AKIDA IP, expending millions of dollars on the IP licensing, deeply imbedding Brainchip in its website and promoting Brainchip in presentations it is pulling out of the deal;

10. Brainchip has been advised by SiFive that despite the time and effort expended to implement and promote AKIDA IP as part of its product offering it is pulling out of the partnership;

11. The engineering team at Tata Consulting that jointly presented the AKIDA technology and continued to post positive updates regarding the technology on their social media pages have stated they no longer consider AKIDA to be revolutionary;

12. Professor Barry Marshall Nobel Laureate has resigned from the Scientific Advisory Board stating that Biotome and Noisey Gut Belt have found better more advanced technology;

13. Brainchip has made an ASX announcement stating that the previously announced EAP with FORD has been abandoned by Ford stating AKIDA technology failed to live up to the accolades given it by Mercedes Benz;

14. Brainchip has been advised by Nviso that they have redone the performance figures comparing AKIDA with Nvidia Jetson and Brainchips ten times better frames per second was incorrect it is actually closer to 17 times and so they are going to look else where for less efficient technology;

15. Brainchip advised that the announced results by Edge Impulse showing AKIDA out performing both GPU’s and CPU’s was a mistake;

16. Brainchip has advised that the previously advised successful completion of the AKIDA 2.0 IP by Peter van der Made and the payments made to progress the engineering and for the purchase of the required third party IP to complete the production of the reference chip was an error and these things never happened;

17. Brainchip has been advised by the US Patents Office that all of their patents and of Cerco’s were issued in error and have been withdrawn;

18. Brainchip advised that the further 27 patents that have been filed involved a typing error and it was only 2.7 patents;

19. Brainchip has advised that all of the demonstration videos including the one showing AKIDA technology performing regression analysis are fake;

20. Brainchip has advised that all of the statements made by Brainchip personnel regarding the technology and volume of sales enquiries, numbers of EAPs and the 3 to 5 year technology leads are fabrications and part of a giant conspiracy to fool retail shareholders; and

21. Brainchip’s claims to have sufficient working capital and further LDA Capita entitlements exceeding $50 million are untrue.

Can someone please advise me as to which of these I missed and post a link.

My opinion only DYOR
FF

AKIDA BALLISTA
Loved this so much Fact Finder, only wished I could give at least 3 hearts.
 
  • Like
  • Love
Reactions: 15 users

Bravo

If ARM was an arm, BRN would be its biceps💪!
TSMC and Synopsys have both very been busy in the last few days!

1. In a joint collaboration with Synopsys, TSMC's N3E process extends its 3nm family with enhanced power, performance and yield, meeting the demands of workload-intensive applications like high-performance computing, AI and mobile.

2. SiFive and Synopsys announce their new collaboration to accelerate the design and verification of SiFive RISC-V processor-based SoCs.

3. Synopsys and Samsung Foundry enable 3nm process technology for power and performance demanding mobile, HPC and AI designs.

4.TSMC announces the new TSMC 3DFabric™ Alliance. Partners of the new 3DFabric Alliance have early access to TSMC’s 3DFabric technologies, enabling them to develop and optimize their solutions in parallel with TSMC. This gives customers a head start on their product development with early availability of the highest-quality, readily-available solutions and services from EDA and IP to DCA/VCA, Memory, OSAT (Outsourced Semiconductor Assembly and Test), Substrate, and Testing. Alliance partners include: Arm, Synposys, Siemens, Samsung Memory, Micron and Cadence amongst others.





Thanks to @uiux for the heads-up.(y)
 
  • Like
  • Fire
Reactions: 29 users

alwaysgreen

Top 20
Geez we are going to close in the 60s at this rate.
 
  • Like
Reactions: 3 users

jla

Regular
Often when shares have a really good day, the profit takers sell out in the afternoon and the share price cools a little.

Lets hope its similar today that the shorters have got their fill and are happy to pay a little extra to buy back their borrowed shares!
Well I am happy sold 100k @ opening 77.5 cents just brought them back @ 705 cents up $7k less brokerage.
 
  • Like
Reactions: 5 users
First time in 2 years that I have been in the
RRREDDD
It hurts some what but I am a long time holder with a 5 year plan
So I am 1/2 way through my 5 years
Not that I wish the years away but ……
 
  • Love
  • Like
Reactions: 6 users

Deena

Regular
  • Like
Reactions: 5 users

wilzy123

Founding Member
First time in 2 years that I have been in the
RRREDDD
It hurts some what but I am a long time holder with a 5 year plan
So I am 1/2 way through my 5 years
Not that I wish the years away but ……

Hang in there mate ❤️
 
  • Like
  • Love
Reactions: 11 users

Mt09

Regular
Smashed worse than I thought to be honest. Hello 60’s 😣
 
Last edited:
  • Like
  • Sad
Reactions: 2 users

Foxdog

Regular
First time in 2 years that I have been in the
RRREDDD
It hurts some what but I am a long time holder with a 5 year plan
So I am 1/2 way through my 5 years
Not that I wish the years away but ……
Me too m8.....
 
  • Love
  • Like
  • Sad
Reactions: 4 users

robsmark

Regular
This is beyond a rational drop now.
 
  • Like
  • Sad
Reactions: 11 users

wilzy123

Founding Member
Please... for the love of sanity... report this clown

1666924548358.png
 
  • Like
Reactions: 5 users

jk6199

Regular
  • Like
  • Haha
  • Love
Reactions: 3 users
Nice understandable article on revenue to hopefully allow others to get a handle on any confusion.


What is Revenue? Definition, Formula, Calculation, and Example​


By
ADAM HAYES

Updated July 18, 2022

What Is Revenue?​

Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.

KEY TAKEAWAYS​

  • Revenue, often referred to as sales or the top line, is the money received from normal business operations.
  • Operating income is revenue (from the sale of goods or services) less operating expenses.
  • Non-operating income is infrequent or nonrecurring income derived from secondary sources (e.g., lawsuit proceeds).
  • Non-business entities such as governments, nonprofits, or individuals also report revenue, though calculations and sources for each differ.
  • Revenue is only sale proceeds, while income or profit incorporate the expenses to generate revenue and report the net (not gross) earnings.

Understanding Revenue​

Revenue is money brought into a company by its business activities. There are different ways to calculate revenue, depending on the accounting method employed. Accrual accounting will include sales made on credit as revenue for goods or services delivered to the customer. Under certain rules, revenue is recognized even if payment has not yet been received.

It is necessary to check the cash flow statement to assess how efficiently a company collects money owed. Cash accounting, on the other hand, will only count sales as revenue when payment is received. Cash paid to a company is known as a "receipt." It is possible to have receipts without revenue. For example, if the customer paid in advance for a service not yet rendered or undelivered goods, this activity leads to a receipt but not revenue.

Revenue is known as the top line because it appears first on a company's income statement. Net income, also known as the bottom line, is revenues minus expenses. There is a profit when revenues exceed expenses.

To increase profit, and hence earnings per share (EPS) for its shareholders, a company increases revenues and/or reduces expenses. Investors often consider a company's revenue and net income separately to determine the health of a business. Net income can grow while revenues remain stagnant because of cost-cutting.

Such a situation does not bode well for a company's long-term growth. When public companies report their quarterly earnings, two figures that receive a lot of attention are revenues and EPS. A company beating or missing analysts' revenue and earnings per share expectations can often move a stock's price.

Revenue may also be referred to as sales and is used in the price-to-sales (P/S) ratio—an alternative to the price-to-earnings (P/E) ratio that uses revenue in the denominator.

Types of Revenue​

A company's revenue may be subdivided according to the divisions that generate it. For example, Toyota Motor Corporation may classify revenue across each type of vehicle. Alternatively, it can choose to group revenue by car type (i.e. compact vs. truck).

A company may also distinguish revenue between tangible and intangible product lines. For example, Apple products include iPad, Apple Watch, and Apple TV. Alternatively, Apple may be interested in separately analyzing its Apple Music, Apple TV+, or iCloud services.

Revenue can be divided into operating revenue—sales from a company's core business—and non-operating revenue which is derived from secondary sources. As these non-operating revenue sources are often unpredictable or nonrecurring, they can be referred to as one-time events or gains. For example, proceeds from the sale of an asset, a windfall from investments, or money awarded through litigation are non-operating revenue.

Formula and Calculation of Revenue​

The formula and calculation of revenue will vary across companies, industries, and sectors. A service company will have a different formula than a retailer, while a company that does not accept returns may have different calculations than companies with return periods. Broadly speaking, the formula to calculate net revenue is:


Net Revenue = (Quantity Sold * Unit Price) - Discounts - Allowances - Returns


The main component of revenue is the quantity sold multiplied by the price. For a service company, this is the number of service hours multiplied by the billable service rate. For a retailer, this is the number of goods sold multiplied by the sales price.

The obvious constraint with this formula is a company that has a diversified product line. For example, Apple can sell a MacBook, iPhone, and iPad, each for a different price. Therefore, the net revenue formula should be calculated for each product or service, then added together to get a company's total revenue.

There are several components that reduce revenue reported on a company's financial statements in accordance to accounting guidelines. Discounts on the price offered, allowances awarded to customers, or product returns are subtracted from the total amount collected. Note that some components (i.e. discounts) should only be subtracted if the unit price used in the earlier part of the formula is at market (not discount) price.

One entity's revenue is often another entity's expense. For example, your personal household expense of $1,000 to buy the latest smartphone is $1,000 revenue for the phone company.

Example of Revenue​

Microsoft boasts a diversified product line that contributes many types of revenue. The company defines its business in several different channels including:

  • Productivity and Business Processes: Office products (commercial and consumer), LinkedIn, Dynamics products
  • Intelligent Cloud: Server products and cloud services
  • More Personal Computing: WIndows OEM, Windows Commercial, Xbox, Surface.

As shown below, Microsoft reported $49.36 billion during Q3 2022. High-level reporting requirements have Microsoft's income statement being shown between product revenue and service/other revenue.1


Microsoft, Q3 2022 Income Statement

Microsoft, Q3 2022 Income Statement.
In supplementary reports, Microsoft further clarifies revenue sources. For example, the breakdown of the $49.36 billion of revenue earned during Q3 2022 was split fairly evenly between the three product lines:


Microsoft, Segment Revenue Q3 2022

Microsoft, Segment Revenue Q3 2022.

Revenue vs. Income/Profit​

Many entities may report both revenue and income/profit. These two terms are used to report different accumulations of numbers.

Revenue is often the gross proceeds collected by an entity. It is the measurement of only income component of an entity's operations. For a business, revenue is all of the money it has earned.

Income/profit usually incorporates other facets of a business. For example, net income or incorporate expenses such as cost of goods sold, operating expenses, taxes, and interest expenses. While revenue is a gross amount focused just on the collection of proceeds, income or profit incorporate other aspects of a business that reports the net proceeds.

Special Considerations​

Recognizing Revenue: ASC 606​

In 2016, the Financial Accounting Standards Board released Revenue from Contracts with Customers (Topic 606). The accounting standards update outlined new guidance on how companies must report revenue. The guidance requires an entity recognize revenue in accordance with five steps:

  1. Identify the contract with the customer.
  2. Identify the performance obligation in the contract.
  3. Determine the contract price.
  4. Allocate the transaction price to the performance obligation(s) in the contract.
  5. Recognize revenue when the entity satisfies a performance obligation.2

Government Revenue​

In the case of government, revenue is the money received from taxation, fees, fines, inter-governmental grants or transfers, securities sales, mineral or resource rights, as well as any sales made. Governments collect revenue from citizens within its district and collections from other government entities.

Nonprofit Revenue​

For nonprofits, revenues are its gross receipts. Its components include donations from individuals, foundations, and companies, grants from government entities, investments, and/or membership fees. Nonprofit revenue may be earned via fundraising events or unsolicited donations.

Real Estate Revenue​

In terms of real estate investments, revenue refers to the income generated by a property, such as rent or parking fees or rent. When the operating expenses incurred in running the property are subtracted from property income, the resulting value is net operating income (NOI). Vacant real estate technically does not earn any operating revenue, though the owner of the property may be required to report fair market value adjustments that result in gains when externally reporting their finances.

What Does Revenue in Business Mean?​

Revenue is the money earned by a company obtained primarily from the sale of its products or services to customers. There are specific accounting rules that dictate when, how, and why a company recognizes revenue. For instance, a company may receive cash from a client. However, a company may not be able to recognize revenue until they've performed their part of the contractual obligation.

Are Revenue and Cash Flow the Same Thing?​

No. Revenue is the money a company earns from the sale of its products and services. Cash flow is the net amount of cash being transferred into and out of a company. Revenue provides a measure of the effectiveness of a company's sales and marketing, whereas cash flow is more of a liquidity indicator. Both revenue and cash flow should be analyzed together for a comprehensive review of a company's financial health.

What Is the Difference Between Revenue and Income?​

Revenue and income are sometimes used interchangeably. However, these two terms do usually mean different things. Revenue is often used to measure the total amount of sales a company from its goods and services. Income is often used to incorporate expenses and report the net proceeds a company has earned.

How Does One Generate and Calculate Revenue?​

For many companies, revenues are generated from the sales of products or services. For this reason, revenue is sometimes known as gross sales. Revenue can also be earned via other sources. Inventors or entertainers may receive revenue from licensing, patents, or royalties. Real estate investors might earn revenue from rental income.
Revenue for federal and local governments would likely be in the form of tax receipts from property or income taxes. Governments might also earn revenue from the sale of an asset or interest income from a bond. Charities and non-profit organizations usually receive income from donations and grants. Universities could earn revenue from charging tuition but also from investment gains on their endowment fund.

What Is Accrued and Deferred Revenue?​

Accrued revenue is the revenue earned by a company for the delivery of goods or services that have yet to be paid by the customer. In accrual accounting, revenue is reported at the time a sales transaction takes place and may not necessarily represent cash in hand.
Deferred, or unearned revenue can be thought of as the opposite of accrued revenue, in that unearned revenue accounts for money prepaid by a customer for goods or services that have yet to be delivered. If a company has received prepayment for its goods, it would recognize the revenue as unearned, but would not recognize the revenue on its income statement until the period for which the goods or services were delivered.
 
  • Like
Reactions: 8 users

Kachoo

Regular
So because we have not recorded the 3 million dollars in cash on payments from potential future customers out market cap drops 20% wow. I know that things are slow but whe you take things in perspective nothing changed. Other then the shorters now got everyone spooked. In my opinion.

I know BRN has been silent and we don't know the workings of the internals of the company but I checked there web site they are hiring still so to me that means we go forward while my account is in the red🤦‍♂️

Back to sleep till Christmas
 
  • Like
  • Love
Reactions: 20 users

alwaysgreen

Top 20
Nice understandable article on revenue to hopefully allow others to get a handle on any confusion.


What is Revenue? Definition, Formula, Calculation, and Example​


By
ADAM HAYES

Updated July 18, 2022

What Is Revenue?​

Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.

KEY TAKEAWAYS​

  • Revenue, often referred to as sales or the top line, is the money received from normal business operations.
  • Operating income is revenue (from the sale of goods or services) less operating expenses.
  • Non-operating income is infrequent or nonrecurring income derived from secondary sources (e.g., lawsuit proceeds).
  • Non-business entities such as governments, nonprofits, or individuals also report revenue, though calculations and sources for each differ.
  • Revenue is only sale proceeds, while income or profit incorporate the expenses to generate revenue and report the net (not gross) earnings.

Understanding Revenue​

Revenue is money brought into a company by its business activities. There are different ways to calculate revenue, depending on the accounting method employed. Accrual accounting will include sales made on credit as revenue for goods or services delivered to the customer. Under certain rules, revenue is recognized even if payment has not yet been received.

It is necessary to check the cash flow statement to assess how efficiently a company collects money owed. Cash accounting, on the other hand, will only count sales as revenue when payment is received. Cash paid to a company is known as a "receipt." It is possible to have receipts without revenue. For example, if the customer paid in advance for a service not yet rendered or undelivered goods, this activity leads to a receipt but not revenue.

Revenue is known as the top line because it appears first on a company's income statement. Net income, also known as the bottom line, is revenues minus expenses. There is a profit when revenues exceed expenses.

To increase profit, and hence earnings per share (EPS) for its shareholders, a company increases revenues and/or reduces expenses. Investors often consider a company's revenue and net income separately to determine the health of a business. Net income can grow while revenues remain stagnant because of cost-cutting.

Such a situation does not bode well for a company's long-term growth. When public companies report their quarterly earnings, two figures that receive a lot of attention are revenues and EPS. A company beating or missing analysts' revenue and earnings per share expectations can often move a stock's price.

Revenue may also be referred to as sales and is used in the price-to-sales (P/S) ratio—an alternative to the price-to-earnings (P/E) ratio that uses revenue in the denominator.

Types of Revenue​

A company's revenue may be subdivided according to the divisions that generate it. For example, Toyota Motor Corporation may classify revenue across each type of vehicle. Alternatively, it can choose to group revenue by car type (i.e. compact vs. truck).

A company may also distinguish revenue between tangible and intangible product lines. For example, Apple products include iPad, Apple Watch, and Apple TV. Alternatively, Apple may be interested in separately analyzing its Apple Music, Apple TV+, or iCloud services.

Revenue can be divided into operating revenue—sales from a company's core business—and non-operating revenue which is derived from secondary sources. As these non-operating revenue sources are often unpredictable or nonrecurring, they can be referred to as one-time events or gains. For example, proceeds from the sale of an asset, a windfall from investments, or money awarded through litigation are non-operating revenue.

Formula and Calculation of Revenue​

The formula and calculation of revenue will vary across companies, industries, and sectors. A service company will have a different formula than a retailer, while a company that does not accept returns may have different calculations than companies with return periods. Broadly speaking, the formula to calculate net revenue is:


Net Revenue = (Quantity Sold * Unit Price) - Discounts - Allowances - Returns


The main component of revenue is the quantity sold multiplied by the price. For a service company, this is the number of service hours multiplied by the billable service rate. For a retailer, this is the number of goods sold multiplied by the sales price.

The obvious constraint with this formula is a company that has a diversified product line. For example, Apple can sell a MacBook, iPhone, and iPad, each for a different price. Therefore, the net revenue formula should be calculated for each product or service, then added together to get a company's total revenue.

There are several components that reduce revenue reported on a company's financial statements in accordance to accounting guidelines. Discounts on the price offered, allowances awarded to customers, or product returns are subtracted from the total amount collected. Note that some components (i.e. discounts) should only be subtracted if the unit price used in the earlier part of the formula is at market (not discount) price.

One entity's revenue is often another entity's expense. For example, your personal household expense of $1,000 to buy the latest smartphone is $1,000 revenue for the phone company.

Example of Revenue​

Microsoft boasts a diversified product line that contributes many types of revenue. The company defines its business in several different channels including:

  • Productivity and Business Processes: Office products (commercial and consumer), LinkedIn, Dynamics products
  • Intelligent Cloud: Server products and cloud services
  • More Personal Computing: WIndows OEM, Windows Commercial, Xbox, Surface.

As shown below, Microsoft reported $49.36 billion during Q3 2022. High-level reporting requirements have Microsoft's income statement being shown between product revenue and service/other revenue.1


Microsoft, Q3 2022 Income Statement

Microsoft, Q3 2022 Income Statement.
In supplementary reports, Microsoft further clarifies revenue sources. For example, the breakdown of the $49.36 billion of revenue earned during Q3 2022 was split fairly evenly between the three product lines:


Microsoft, Segment Revenue Q3 2022

Microsoft, Segment Revenue Q3 2022.

Revenue vs. Income/Profit​

Many entities may report both revenue and income/profit. These two terms are used to report different accumulations of numbers.

Revenue is often the gross proceeds collected by an entity. It is the measurement of only income component of an entity's operations. For a business, revenue is all of the money it has earned.

Income/profit usually incorporates other facets of a business. For example, net income or incorporate expenses such as cost of goods sold, operating expenses, taxes, and interest expenses. While revenue is a gross amount focused just on the collection of proceeds, income or profit incorporate other aspects of a business that reports the net proceeds.

Special Considerations​

Recognizing Revenue: ASC 606​

In 2016, the Financial Accounting Standards Board released Revenue from Contracts with Customers (Topic 606). The accounting standards update outlined new guidance on how companies must report revenue. The guidance requires an entity recognize revenue in accordance with five steps:

  1. Identify the contract with the customer.
  2. Identify the performance obligation in the contract.
  3. Determine the contract price.
  4. Allocate the transaction price to the performance obligation(s) in the contract.
  5. Recognize revenue when the entity satisfies a performance obligation.2

Government Revenue​

In the case of government, revenue is the money received from taxation, fees, fines, inter-governmental grants or transfers, securities sales, mineral or resource rights, as well as any sales made. Governments collect revenue from citizens within its district and collections from other government entities.

Nonprofit Revenue​

For nonprofits, revenues are its gross receipts. Its components include donations from individuals, foundations, and companies, grants from government entities, investments, and/or membership fees. Nonprofit revenue may be earned via fundraising events or unsolicited donations.

Real Estate Revenue​

In terms of real estate investments, revenue refers to the income generated by a property, such as rent or parking fees or rent. When the operating expenses incurred in running the property are subtracted from property income, the resulting value is net operating income (NOI). Vacant real estate technically does not earn any operating revenue, though the owner of the property may be required to report fair market value adjustments that result in gains when externally reporting their finances.

What Does Revenue in Business Mean?​

Revenue is the money earned by a company obtained primarily from the sale of its products or services to customers. There are specific accounting rules that dictate when, how, and why a company recognizes revenue. For instance, a company may receive cash from a client. However, a company may not be able to recognize revenue until they've performed their part of the contractual obligation.

Are Revenue and Cash Flow the Same Thing?​

No. Revenue is the money a company earns from the sale of its products and services. Cash flow is the net amount of cash being transferred into and out of a company. Revenue provides a measure of the effectiveness of a company's sales and marketing, whereas cash flow is more of a liquidity indicator. Both revenue and cash flow should be analyzed together for a comprehensive review of a company's financial health.

What Is the Difference Between Revenue and Income?​

Revenue and income are sometimes used interchangeably. However, these two terms do usually mean different things. Revenue is often used to measure the total amount of sales a company from its goods and services. Income is often used to incorporate expenses and report the net proceeds a company has earned.

How Does One Generate and Calculate Revenue?​

For many companies, revenues are generated from the sales of products or services. For this reason, revenue is sometimes known as gross sales. Revenue can also be earned via other sources. Inventors or entertainers may receive revenue from licensing, patents, or royalties. Real estate investors might earn revenue from rental income.
Revenue for federal and local governments would likely be in the form of tax receipts from property or income taxes. Governments might also earn revenue from the sale of an asset or interest income from a bond. Charities and non-profit organizations usually receive income from donations and grants. Universities could earn revenue from charging tuition but also from investment gains on their endowment fund.

What Is Accrued and Deferred Revenue?​

Accrued revenue is the revenue earned by a company for the delivery of goods or services that have yet to be paid by the customer. In accrual accounting, revenue is reported at the time a sales transaction takes place and may not necessarily represent cash in hand.
Deferred, or unearned revenue can be thought of as the opposite of accrued revenue, in that unearned revenue accounts for money prepaid by a customer for goods or services that have yet to be delivered. If a company has received prepayment for its goods, it would recognize the revenue as unearned, but would not recognize the revenue on its income statement until the period for which the goods or services were delivered.
Would be nice if we had some!
 
  • Like
  • Haha
  • Fire
Reactions: 5 users

HopalongPetrovski

I'm Spartacus!
I swear some of us including me are not normal, why the fk am I happy the day when I’m down a significant amount
Because you are aware of the nature of the game.
Yes, today it's falling, which sucks, particularly when you have a significant amount invested, the effect on one's portfolio would be devastating if one were forced or chose to sell.
However, this not being our first rodeo, we know that what goes down will also go up, that for every panicked seller, there is an avaricious buyer.
You can see the manipulation occurring and are not allowing yourself to be walked towards any cliff edge.
You are in control of your emotions and playing your own game.......not being played by other's.
Hang in there folk's.
It's just a tough day for holder's, we've been through them before, and likely more in our future, but this too shall pass.
AKIDA BALLISTA
AKIDA EVERYWHERE
GLTAH
 
  • Like
  • Love
Reactions: 22 users
This is beyond a rational drop now.
Unfortunately....the mkt is never rational....though it is always right with the price as the shares are essentially only worth what the mkt will pay for them at a given point in time regardless of valuations or forward projections.

Can only trust will be short lived catalyst for the shorters to compound the drop.
 
  • Like
Reactions: 11 users

alwaysgreen

Top 20
So because we have not recorded the 3 million dollars in cash on payments from potential future customers out market cap drops 20% wow. I know that things are slow but whe you take things in perspective nothing changed. Other then the shorters now got everyone spooked. In my opinion.

I know BRN has been silent and we don't know the workings of the internals of the company but I checked there web site they are hiring still so to me that means we go forward while my account is in the red🤦‍♂️

Back to sleep till Christmas
There were essentially zero sales for 3 months. I hate sounding like a Motley Fool writer but for a company valued at $1.5 billion where the CEO said to watch the financials and by the end of the year earnings growth would outstrip expenditure, it is a massive fail. (there is still a quarter left I know).

This may have been okay in a strong market but in this bear market with a recession looming, $100k revenue is not going to cut it and the market has punished this.

EDIT: I am angry and disappointed. Management let us down this quarter and their fluff words in the 4C haven't helped. It has added fuel to the shorters fire. Down $300k across the portfolio today. Next 4C better knock it out of the bloody park.
 
  • Like
  • Love
Reactions: 29 users

Rskiff

Regular
So because we have not recorded the 3 million dollars in cash on payments from potential future customers out market cap drops 20% wow. I know that things are slow but whe you take things in perspective nothing changed. Other then the shorters now got everyone spooked. In my opinion.

I know BRN has been silent and we don't know the workings of the internals of the company but I checked there web site they are hiring still so to me that means we go forward while my account is in the red🤦‍♂️

Back to sleep till Christmas
At least the number of shorts on BRN shares are reducing today. Surely being closed out, sadly and the expense of those willing to dump today. They aren't prying any from me!
 
  • Like
  • Love
  • Thinking
Reactions: 9 users
Ooohhh I wait for the day :ROFLMAO:


stock-market-meme-9.jpg


Yeah yeah...I know...bit harsh...funny...but harsh.

Disclaimer....I didn't create this :)
 
Last edited:
  • Haha
  • Like
Reactions: 13 users
Top Bottom