BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Good morning,
I did warn you that this 4C may not be to your liking, where did you honestly think the millions would come from ?
$40,000 USD was more than likely from online development kit sales, something like 80 units.
Sean has made it very clear, we are GOING FOR IT, no holding back, he has presented his 2/3 year plan to the Board and they
have given him the approval he needs to embark on an aggressive business plan.
The company spent around 2.4 Million USD more than the previous quarter, this figure included some annual (one-off) expenses, which I
am confident won't appear next quarter obviously.
A breakdown of the key expenses:
Research and Development + $852,000 USD
Production/Operation + $277,000 USD
Advertising + $167,000 USD
Staff + $585,000 USD
Admin/Corporate + $527,000 USD
AKIDA 2.0 was developed, AKIDA 1.5 was developed....$450,000 USD to third party engineering services, I wonder to whom that
went to, don't you...you have to spend to grow, you can't hide away in the corner of the lab as other companies are still doing, you
can't expand your sales and marketing teams without spending on salaries and advertising, you can't run a growing operation on
a shoestring budget like we have in the past.
We are in a major transition period, the big lull between producing the product and getting it into the marketplace, the opening
panic has calmed down, I hope that you make the right choice moving forward, all I'd say is think of the big picture, not a 3 month
time window, that's what's driving your emotional journey at present.
Have a good day.
Tech
I did warn you that this 4C may not be to your liking, where did you honestly think the millions would come from ?
$40,000 USD was more than likely from online development kit sales, something like 80 units.
Sean has made it very clear, we are GOING FOR IT, no holding back, he has presented his 2/3 year plan to the Board and they
have given him the approval he needs to embark on an aggressive business plan.
The company spent around 2.4 Million USD more than the previous quarter, this figure included some annual (one-off) expenses, which I
am confident won't appear next quarter obviously.
A breakdown of the key expenses:
Research and Development + $852,000 USD
Production/Operation + $277,000 USD
Advertising + $167,000 USD
Staff + $585,000 USD
Admin/Corporate + $527,000 USD
AKIDA 2.0 was developed, AKIDA 1.5 was developed....$450,000 USD to third party engineering services, I wonder to whom that
went to, don't you...you have to spend to grow, you can't hide away in the corner of the lab as other companies are still doing, you
can't expand your sales and marketing teams without spending on salaries and advertising, you can't run a growing operation on
a shoestring budget like we have in the past.
We are in a major transition period, the big lull between producing the product and getting it into the marketplace, the opening
panic has calmed down, I hope that you make the right choice moving forward, all I'd say is think of the big picture, not a 3 month
time window, that's what's driving your emotional journey at present.
Have a good day.
Tech
Humble Genius
Regular
Selling today instead of waiting for the gap to close:
But seriously, some people need some caulk!
Labsy
Regular
Wow... never really wanted to buy more as happy with holding but have no choice..... scapping for money from everywhere which place now...
Is it possible to have fomo with regards to picking up shares so cheaply? Am I delusional? Why am I so confident and where is it coming from? Definitely have collector and hoarder mentality now. Not looking at red number in my holding section...refuse to.
Just want more brn shares....more... more... more.... I'm losing it.
Is it possible to have fomo with regards to picking up shares so cheaply? Am I delusional? Why am I so confident and where is it coming from? Definitely have collector and hoarder mentality now. Not looking at red number in my holding section...refuse to.
Just want more brn shares....more... more... more.... I'm losing it.
Maybe your anticipating having some good news coming in before the upcoming AGM
Hi FB,
Transformers were only invented in 2020, so there would have been some lag before they became a must-have.
Basically, I think our transformer TeNN along with ViT perform in silicon tasks that were previously done in software for time-dependent data such as video and speech, making them faster and more power efficient.
I suppose that Akida 2's TeNN/ViT will have unique implementations and I'm on the edge of my seat waiting for the patents to be published.
Akida 1 works well for its designed purpose. Akida 2 now promises faster video analysis for time-critical applications (ADAS, hypersonic missile launch detection, bot trading, ...)
https://brainchip.com/brainchip-introduces-second-generation-akida-platform/
“We see an increasing demand for real-time, on-device, intelligence in AI applications powered by our MCUs and the need to make sensors smarter for industrial and IoT devices,” said Roger Wendelken, Senior Vice President in Renesas’ IoT and Infrastructure Business Unit. “We licensed Akida neural processors because of their unique neuromorphic approach to bring hyper-efficient acceleration for today’s mainstream AI models at the edge. With the addition of advanced temporal convolution and vision transformers, we can see how low-power MCUs can revolutionize vision, perception, and predictive applications in wide variety of markets like industrial and consumer IoT and personalized healthcare, just to name a few.”
“Our customers wanted us to enable expanded predictive intelligence, target tracking, object detection, scene segmentation, and advanced vision capabilities. This new generation of Akida allows designers and developers to do things that were not possible before in a low-power edge device,” said Sean Hehir, BrainChip CEO. “By inferring and learning from raw sensor data, removing the need for digital signal pre-processing, we take a substantial step toward providing a cloudless Edge AI experience.”
Obviously, Akida 2 will come at a premium over Akida 1, but Akida 1 will still be available for those who do not need the Akida 2 enhancements.
'where did you honestly think the millions would come from ?'Good morning,
I did warn you that this 4C may not be to your liking, where did you honestly think the millions would come from ?
$40,000 USD was more than likely from online development kit sales, something like 80 units.
Sean has made it very clear, we are GOING FOR IT, no holding back, he has presented his 2/3 year plan to the Board and they
have given him the approval he needs to embark on an aggressive business plan.
The company spent around 2.4 Million USD more than the previous quarter, this figure included some annual (one-off) expenses, which I
am confident won't appear next quarter obviously.
A breakdown of the key expenses:
Research and Development + $852,000 USD
Production/Operation + $277,000 USD
Advertising + $167,000 USD
Staff + $585,000 USD
Admin/Corporate + $527,000 USD
AKIDA 2.0 was developed, AKIDA 1.5 was developed....$450,000 USD to third party engineering services, I wonder to whom that
went to, don't you...you have to spend to grow, you can't hide away in the corner of the lab as other companies are still doing, you
can't expand your sales and marketing teams without spending on salaries and advertising, you can't run a growing operation on
a shoestring budget like we have in the past.
We are in a major transition period, the big lull between producing the product and getting it into the marketplace, the opening
panic has calmed down, I hope that you make the right choice moving forward, all I'd say is think of the big picture, not a 3 month
time window, that's what's driving your emotional journey at present.
Have a good day.
Tech
TBH the Co has talked about working with Mercedes. Since we don't have an AKIDA 1000 for each car to sell them, we imagined that M.B was producing it's own chip with AKIDA IP.
But since there aren't any millions $, something doesn't add up, all of a sudden.
That is why we are concerned.
I really hope you are right...
What I see is, the Akida 1000 / SoC was the product that we've been waiting on to generate revenues after AI Accelerator/ FPGA... (after moving on from Brainchip Studio)
But the above only landed two IP contracts, my guess is that the above tech was not great enough for the EAPs to adopt / move to a new tech, perhaps they rather settle for inferior tech due to uncertainty, etc.
But that being said, I don't really have any technical background and only know basic terms which I learnt mostly from researching and from this website or HC... my understanding was that this tech is revolutionary and can drive massive change and lead Edge AI field... but lack of annoucements, lack of new IP contracts, revenue, cash inflows and previous failed products along with fked up share price made me question that there are multiple things that doesnt really add up... if we were able to sell 2 IP contracts, how come we weren't able to sell more? Why is there such a big gap between our first one and second one and ... the third one (hopefully soon)... and why is our revenue so small when we are supposed to be paid for providing engineering support to all these EAPs and wtf is sales team doing... or the support engineers doing, why they r paying bonuses, etc...
And pretty much there is no info on the previously announced partnerships... wtf happened to the companies developing new tech utilising brainchip, ford, valeo, nanose, etc. Are they truely actively engaged? If yes why did we only earn 40k (don't try to educate me on revenue vs cash inflows, fk off plz)...
I bought heaps more (from my perspective, although the amount might be much smaller / bigger than some of you here) when I saw royalties from MegaChips, but yea... I am getting more negative n negative...
I don't know if I am being delusional but I truely thought this would've been super massive by now... or at least on clear track... hopefully it is on track behind the scene..
Damo4
Regular
On the MB bit, technically the only thing we know with certainty is that is was in the Vision EQXX.
So that's at least 1 chip, possible a few more for dev. Agreed we have speculated about IP being in MB's in house chip but there's certainly no timeline on it.
Alphawave Semi Showcases 3nm Connectivity Solutions and Chiplet-Enabled Platforms for High Performance Data Center Applications
Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, today announced the bring-up of its first co...
www.businesswire.com
Hmm I hardly doubt we would be getting paid from MB for AKIDA IP unless it flows through MegaChips... in fact, there is no suggestion that the new MBOS uses BrainChip...
I was expecting at least few hundred thousands from engineering support we provide to EAPs... but I just heard back from Tony that some EAPs don't pay for engineering support as they dont need any. Still... 40k... makes me sad...
"Not all EAP’s pay engineering support.
Some of our EAP’s are actively researching and developing in-house and don’t require much support from us."
Great post Tech - helps calm the nerves, including mine.Good morning,
I did warn you that this 4C may not be to your liking, where did you honestly think the millions would come from ?
$40,000 USD was more than likely from online development kit sales, something like 80 units.
Sean has made it very clear, we are GOING FOR IT, no holding back, he has presented his 2/3 year plan to the Board and they
have given him the approval he needs to embark on an aggressive business plan.
The company spent around 2.4 Million USD more than the previous quarter, this figure included some annual (one-off) expenses, which I
am confident won't appear next quarter obviously.
A breakdown of the key expenses:
Research and Development + $852,000 USD
Production/Operation + $277,000 USD
Advertising + $167,000 USD
Staff + $585,000 USD
Admin/Corporate + $527,000 USD
AKIDA 2.0 was developed, AKIDA 1.5 was developed....$450,000 USD to third party engineering services, I wonder to whom that
went to, don't you...you have to spend to grow, you can't hide away in the corner of the lab as other companies are still doing, you
can't expand your sales and marketing teams without spending on salaries and advertising, you can't run a growing operation on
a shoestring budget like we have in the past.
We are in a major transition period, the big lull between producing the product and getting it into the marketplace, the opening
panic has calmed down, I hope that you make the right choice moving forward, all I'd say is think of the big picture, not a 3 month
time window, that's what's driving your emotional journey at present.
Have a good day.
Tech
I think the big issue is not the paltry revenue but the creeping doubt that this company may not succeed and we will all lose our investment (not just paper losses but actual losses). Evidence presented by the company to confirm that there is market traction is needed - preferably sooner rather than later.
FabricatedLunacy
Regular
Yep... if I smash my own KPI's out of the park but our company doesn't make our target revenue (40% of bonus), then my personal 60% wont be paid out, no matter what."As a top 350 shareholder of this company i'll be voting NO to any shares to management apart from PVDM."
I wil be doing the same. IMO performance is a measure of shareholder return. Until we start seeing that, it shouldnt even be spoken about.
Dont get me wrong, I belive in the company and have no doubt they are working bl@@dy hard to commercialise, but i think they need patience... Just like us loyal holders (some 8 years loyal)
So its a bit rich to get bonuses from 40k revenue
So you think MegaChips is holding onto our millions, and the cheque is in the mail?
That's a relief! I'll buy more!!
Yes, bonuses shouldn't be more than revenue. It should be a % of revenue, so for this quarter I think 10 shares each, or a Chiko Roll.Yep... if I smash my own KPI's out of the park but our company doesn't make our target revenue (40% of bonus), then my personal 60% wont be paid out, no matter what.
So its a bit rich to get bonuses from 40k revenue
AARONASX
Holding onto what I've got
I'd be happy for everyone to have all the bonuses in the world if the revenue reflected that was necessary
A question for the AGM (barring any intervening godsend ):
The business of licensing IP is very hard to get started. The initial costs to the customer are substantial (licence fees, chip design, chip manufacture), even prohibitive for many. An earlier business strategy had been to sell the SoC for a modest price to ensure rapid disbursement of Akida in the market.
In order to improve the chances of early revenue, would the company revisit the SoC sale model, and also consider monetizing the Akida simulation software and model libraries?
The business of licensing IP is very hard to get started. The initial costs to the customer are substantial (licence fees, chip design, chip manufacture), even prohibitive for many. An earlier business strategy had been to sell the SoC for a modest price to ensure rapid disbursement of Akida in the market.
In order to improve the chances of early revenue, would the company revisit the SoC sale model, and also consider monetizing the Akida simulation software and model libraries?
Fox151
Regular
I wonder if he might be the currently in hiding Fact Finder?Interesting that PAUL GLENDON HUNTER a top 20 shareholder sold 1.6 million shares since the last top 20 list was published in January.
I thought he was a poster on here ???
As a top 350 shareholder of this company i'll be voting NO to any shares to management apart from PVDM.
The recent investor podcast was complete fluff, questions and answers that any competent shareholder would of already known, except for our great CEO stating that a potential customer walked away (but we won the design win with them thou!!!! Thats awesome, how much coin does that give us !!!) So what does that say..... that the costs of incorporating Akida into their chip was not worth the benefit/results.
That's good to know CEO.
I'll keep a eye on the financials
Explosion of sales end 2022
Market leader
Embedding our IP in everything everywhere
Fluff Fluff Fluff Fluff
Quiltman
Regular
Reserving any judgements/thoughts until the AGM, which I shall attend in person.
However, the quote of the day goes to my son, who has a small holding ( " large for him " ), on hearing of 40k income.
" Gee, they should get all the staff to do Uber Eats for a couple of weeks ".
Love it ! Gotta laugh.
Building a business is hard, building an IP business even harder.
However, the quote of the day goes to my son, who has a small holding ( " large for him " ), on hearing of 40k income.
" Gee, they should get all the staff to do Uber Eats for a couple of weeks ".
Love it ! Gotta laugh.
Building a business is hard, building an IP business even harder.
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