BRN Discussion Ongoing

[Schnitzel lover]

"Now we have to hope that a cap raise won’t be coming and that the management team chooses action over words. Something up until this point they were never able to do."

LDA are our finance partners. We still need to make another call to satisfy our obligation before the end of the year. That's why so many shorts are hanging around, a near guaranteed supply of new shares from the company itself as there is no revenue to pay the bills.

Not popular but a reality of business. There is no free lunch.

Another $2.8mill I believe before Dec 31st..

If you want a free lunch you have to be a BRN employee

 

[Pappagolla]

I dunno folks.
Maybe I've just finally gone fully batshit crazy, but the more they push our price down, the more confident I feel, and the more I want to buy.
It's almost like the fear they seek to engender and which my intellect tells me I should be feeling has swapped polarity and instead makes me more determined than ever to ride this thing either straight on up to heaven or into the dirt.
It's like when I was a kid and someone dared me to do something.
No advice intended for any soul out there.
Just where I'm at atm.

“If every instinct you have is wrong, then the opposite would have to be right.”

 

[millymydog]

Sean Hehir said half year results are clearly not acceptable.

Major solvency issue on the horizon ??


Loss for 6 month period to 30/6/2023 is $17.147 million (compared to a loss of $8.255 million in 2022)

Cash and cash equivalents is $21.8 million.


Licence revenue of $4.05 million in 2022 was not repeated in the last half year period.

Cash received from LDA Capital of $9.168 million during this half year.


Based on all of the above my concern is how future short term operations can continue without a Capital injection.

This capital injection could be in the form of

• Capital raising (at discount to current share price)
• Additional funds from LDA Capital.
• Revenue from Licences and Royalties.

Note the first two possibilities could result in significant share dilution due to the issue of new shares.


Can Commersialisation occur quickly enough to avoid a significant solvency crisis?

Concerned Milly

 

[toasty]

Here we go again. Another great partnership announced, another share price fall...........WTF!!!!!!!!!!

 

[DingoBorat]

Not sure what this Telsa stuff is about. 12 months ago Samsung got a $3-4B contract to supply "traditional" cameras to Telsa. Not an event driven device in sight so very unlikely we're involved there.. And in another twist, Tesla changed their chip foundry for the new FSD chips to TSMC from Samsung. That initially got me interested due to our historic relationship with TSMC and my own conjecture that Akida1500 was developed to "fit in" to a specific configuration with a separate CPU - maybe the new Tesla FSD chip. However, the new FSD chips are being fabbed by TSMC at 4nm. If Telsa was the target end user, why did we fab Akida1500 in 22nm??

Don't know..
But as far as the cameras, AKIDA doesn't "need" event based ones, it's just a better combination.

 

[Rise from the ashes]

Not sure if this is anything of use here
But published today maybe someone can pick the bones for some meat.

Neural encoding with unsupervised spiking convolutional neural network - Communications Biology

Unsupervised spiking convolutional neural networks (SCNNs) exhibit improved performance to object-optimized CNNs in predicting fMRI responses induced by visual stimuli and achieve promising results on image identification and reconstruction tasks.

www.nature.com

@toasty
Yes it flipping frustrating and totally backwards.

 

[Humble Genius]

View attachment 43234

https://x.com/brainchip_inc/status/1696274133934354595?s=46&t=QTEd-sj4ml4B_yEc2g-tKw

Perhaps Tata were waiting for AKIDA1500?

 

[Bravo]

The knee bone is connected to the thigh bone
La-a-la-la-la-laaa-laaa!!!


Tata + BrainChip partner
Reality AI + Arm partner (Reality AI is an indirect wholly owned subsidiary of Renesas)
Renesas + BrainChip partner
Arm + BrainChip partner
Renesas + Tata partner

 

[Shadow59]

Perhaps Tata were waiting for AKIDA1500?

Does anyone else get the feeling there's going to be a lot more happening soon now this has been announced.
One of these might just be a contract signing instead of a partnership.

 

[FabricatedLunacy]

Does anyone else get the feeling there's going to be a lot more happening soon now this has been announced.
One of these might just be a contract signing instead of a partnership.

Would be nice if it did... as mentioned elsewhere, picked up 16500 extra today (and then it dipped more, ah well)... I will wait and see.

 

[Meetupsoon]

Good Morning,

Is anyone concerned about the Superannuation changes that might get passed come 1 July 2025 in respect to the Unrealised Capital Gains tax? I know I am concerned. With the possibility of the share prices increasing over time (BRN) There is the potential for huge gains to be made. This tax really does take the sweetener of $$ made within Super.

Regards

 

[Bravo]

I was looking into Tata Elxsi a few weeks ago thinking that this could be the relationship with a major communications company which was mentioned a few podcasts back. There were a few posts here on TSE earlier in the year I believe relating to Tata Elxsi as well. Well done to those dot joiners. Well done management. Tata is a bohemoth......

View attachment 43242

Happy as Larry

 

[Dozzaman1977]

Another great partnership announced today...
Hopefully its a successful partnership that can bring in some revenue in the future years.

"It is what it is "

 

[Bravo]

Can anyone spot me some money? A short term interest free loan?

 

[wilzy123]

Can anyone spot me some money? A short term interest free loan?

Yep

 

[Boab]

Good Morning,

Is anyone concerned about the Superannuation changes that might get passed come 1 July 2025 in respect to the Unrealised Capital Gains tax? I know I am concerned. With the possibility of the share prices increasing over time (BRN) There is the potential for huge gains to be made. This tax really does take the sweetener of $$ made within Super.

Regards

And will they pay it back the next year if the price falls.
This is dumb.
Now back to BRN

 

[Damo4]

Great partnership = great effort required to wait for the SP to stop dropping.
Might have to put myself on a BetStop-esque self-exclusion program from looking at the price.

Eagerly awaiting more news regarding AKD1500 adoption and AKD2000 release

 

[Mea culpa]

Can anyone spot me some money? A short term interest free loan

Not a problem Bravo although it won't be much. I'm a bit skint having made a small addition to the holdings. Can come over and help prep the hot tub tho’ and I’ll chat to Esq. to see if he’ll put together a playlist for the music machine. Least I can do for all your work.

 

[Cartagena]

Great partnership = great effort required to wait for the SP to stop dropping.
Might have to put myself on a BetStop-esque self-exclusion program from looking at the price.

Eagerly awaiting more news regarding AKD1500 adoption and AKD2000 release

Yep all stocks in the green today except BRN... another day in paradise. Also one of my friends who wrote to IR received a reply back from his letter not sure if should post here, will check if I can post the main parts...

 

[SERA2g]

Food for thought!

View attachment 43244

Learning 🏖

Looking forward to akida chips being in Tetley's teabags, performing inference at the extreme edge, untethered from the cloud at ultra low power, to let me know when my partner's optimal brew / taste preference has been achieved for that perfect cuppa, every single time.

WIth one shot and on-device learning,, I expect each tea box to learn and understand the preference after that first cuppa. Repeatable and consistent for the remaining 99 tea bags per box.

Man, life is good! My upcoming marriage has been saved.