Sean confirmed what I’ve been thinking and what they essentially announced in the 4C released in Oct. They had foreshadowed revenue growth in H2, but customers are delaying due to macro conditions.
Whilst 2nd Gen might not be commercially available until the end of the year and open us up to substantially more use cases and customers, the 1st Gen is still ‘science fiction’ and licensed by Renenas (who are taping out a chip this year) and Megachips through whom our IP has been licensed to at least one other customer. I think the real take off will happen with 2.0, but we should still see revenue ramping this year.
Whilst 2nd Gen might not be commercially available until the end of the year and open us up to substantially more use cases and customers, the 1st Gen is still ‘science fiction’ and licensed by Renenas (who are taping out a chip this year) and Megachips through whom our IP has been licensed to at least one other customer. I think the real take off will happen with 2.0, but we should still see revenue ramping this year.