Yes, the 1H23 report reflects a lacklustre 6 months for the company from a sales perspective.
How some shareholders on here were expecting anything different though is beyond me. What company in their right mind was going to sign an IP licence with Brainchip in the first half of 2023 when Akida 2.0 benefits are right around the corner? As Sean noted in the AGM, the second generation of Akida with its incredible improvements and additional functionality, was developed as a result of direct feedback from customers as to their requirements.
Considering lead adopters have been engaged with the benefits of Akida 2.0 for a short while now with general availability supposedly available now as per
@Fact Finder recent post, we should surely be expecting some sales conversions. My personal timeframe to start seeing some more numbers on the boards (IP licences) is 6-12 months. We've been patient. Leeway has been given for much longer than anticipated but with the release of the 2.0 platform, there are no more excuses to deliver tangible, financial results.