BRN Discussion Ongoing
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Fullmoonfever
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Heeeeyyy.....I take offence to that
Not sure but probably a few claim the 'one shot' but no one has TENNS which is a game changer
I am not frequently post in this forum. But i am really disappointed from what happened in the last few days! We were waiting an announcement for big deal, we got CR though we have enough cash at hand at least for two quarters. This surprise CR never mentioned in the last AGM if i remember correctly, its just came from no where!!
We really as a longterm SHs needs an update through podcast or something from the CEO and management of whats going on! I donāt care about what Sean always writes in the 4C as general repeating statements.
Also Last AGM one guy asked him about what happened with existing contracts with Megachips and Renesas. I didnāt like his answer as i remember as he said ā we donāt know, its their own business and we donāt get into their businessā sorry mr Sean i believe its also your business and your team job to check with them what going on with their licences and if everything and Akida works well and also ask them what about their latest announcement last year about tapping out akida chip if they need any help etc etc. Mr Sean, if you cannot till date bring new IP deal, we expect from you at least to follow up with the existing deals!?righ! Its not like something that companies buy licenses and disappear!!! This is ABC in business relationships I think !!
Cheers,
We really as a longterm SHs needs an update through podcast or something from the CEO and management of whats going on! I donāt care about what Sean always writes in the 4C as general repeating statements.
Also Last AGM one guy asked him about what happened with existing contracts with Megachips and Renesas. I didnāt like his answer as i remember as he said ā we donāt know, its their own business and we donāt get into their businessā sorry mr Sean i believe its also your business and your team job to check with them what going on with their licences and if everything and Akida works well and also ask them what about their latest announcement last year about tapping out akida chip if they need any help etc etc. Mr Sean, if you cannot till date bring new IP deal, we expect from you at least to follow up with the existing deals!?righ! Its not like something that companies buy licenses and disappear!!! This is ABC in business relationships I think !!
Cheers,
Pom down under
Top 20
FJ-215
Regular
Has anyone bought a license for TENN's.
Or is it a concept we are working on......hence the CR to fund its development.
Pom down under
Top 20
Pom down under
Top 20
Pom down under
Top 20
Howās your January 2025 prediction going now?Good afternoon stakeholders,
Well, after thinking about what I read yesterday, the only disappointing area for me was seeing $48,000 USD in cash receipts, am I to
assume that only 50 Edge-Box's were sold, meaning 100 AKD I chips, I stuck my neck out thinking the cash receipts would be north of
about $300,000, anyway, some may remember that I reached out to VVDN a little while ago and at the time of posting hadn't heard a word,
well a couple of weeks ago I received an email from them, promoting the company, but nothing about the Akida AI Edge-Box, then today I
received a direct invitation/request for a zoom call with the software product engineers team, at my earliest convenience !!
Maybe the way in which I worded my questions gave out the wrong impression, I think I'll need Jesse Chapmans engineering background
to get me out of this one !!
Back to the report.
Having calculated the funding, our balance sheet will include the following during this current quarter:
16.777 Million AUD (Cash on Hand)
5.565 Million AUD (LDA Capital- Final Payment)
25.000 Million AUD (Capital Raising/SPP)
47.342 Million AUD Total Funds
With a steady cash burn of around 6.154 Million AUD per quarter, it would indicate all things being equal, we will have around 23 months
or 7.69 quarters of runway, without any revenue, so help me God !!
Having Peter making himself available for the SAB is fantastic, despite losing 3 top class SAB members, the two coming onboard are
excellent replacements, with heaps of experience who will no doubt offer new dynamic ideas and a fresh prospective on things as we move
into this next phase.
On a sad note, I'm sorry to see our Research Institute close down, but I understand why to some degree, I can't state this as fact, but I'm
100% sure Peter would have been fighting hard to keep it open for business in downtown Perth.
So, overall, despite feeling a little disappointed with yesterdays news, many positives were visible and let's all be honest, the technology
isn't going away, it's only becoming stronger, month by month....we know Mercedes Benz is going to name another partner later this year,
maybe October ? who knows, we may just feature in the equation.
Keep the faith.....Tech
Fullmoonfever
Top 20
For those that don't like dots, the concept of joining them literally or by association or the potential opps they present.......... look away now
Obviously not saying these links are anything concrete or revenue generating ...yet, but this is just me looking at how an ecosystem can work, expand and create possible overlap opps for end users, developers etc to potentially gain experience with and exposure to Akida.
So Edge Impulse has solution partners like Brainchip and Arduino and Microchip.
I posted the other day that Arduino had now added support for Akida NPU on their Portenta X8.
Now a few days ago Edge Impulse announced they have integrated Microchipās SAMA7G54 MPU into its EI platform.
www.newelectronics.co.uk
So what .....well, that MPU just happens to be one of the same by the looks, that we showcased Akida integrated with at CES24. We've shown we can integrate with it and now I expect Edge Impulse can show they can be used to "sample raw data, build models, and deploy trained embedded machine learning models directly from the Edge Impulse studio" and I'm hoping including Akida for those that want to test it.
www.edgeir.com
Is worthwhile looking at the links and what these boards do, are targeted at, how EI fits in enabling them and how Akida could be utilised which adds to exposure and trusting, further enquiries to revenue generating opps.
Obviously not saying these links are anything concrete or revenue generating ...yet, but this is just me looking at how an ecosystem can work, expand and create possible overlap opps for end users, developers etc to potentially gain experience with and exposure to Akida.
So Edge Impulse has solution partners like Brainchip and Arduino and Microchip.
I posted the other day that Arduino had now added support for Akida NPU on their Portenta X8.
Now a few days ago Edge Impulse announced they have integrated Microchipās SAMA7G54 MPU into its EI platform.
Edge Impulse integrates Microchipās SAMA7G54 MPU into its platform - New Electronics
Edge Impulse, the platform provider for building, deploying, and scaling edge machine learning models, has announced that Microchip Technologyās SAMA7G54 microprocessor (MPU) is now fully integrated into the Edge Impulse platform.
So what .....well, that MPU just happens to be one of the same by the looks, that we showcased Akida integrated with at CES24. We've shown we can integrate with it and now I expect Edge Impulse can show they can be used to "sample raw data, build models, and deploy trained embedded machine learning models directly from the Edge Impulse studio" and I'm hoping including Akida for those that want to test it.
BrainChip demonstrates its neuromorphic processor on Microchipās 32-bit MPU at CES 2024 | Edge Industry Review
BrainChip aims to highlight its capabilities in always-on machine learning tasks, including keyword spotting and visual wake words.
Is worthwhile looking at the links and what these boards do, are targeted at, how EI fits in enabling them and how Akida could be utilised which adds to exposure and trusting, further enquiries to revenue generating opps.
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Bravo
If ARM was an arm, BRN would be its bicepsšŖ!
Spot on @Fenris78! Well said!
I certainly don't want to speak for anyone else but I reckon you're right on the money here.
There appears to be a massive divergence between the very credible and reputable companies who claim our technology is the bees-knees, versus our ability to actually land any deals/licences.
As a LTH, I think it's incredibly difficult to understand why this is. I certainly haven't given up hope just yet. I attribute my ongoing confidence more to those companies that endorse us so much through their continued positive feedback (not that it gets announced anywhere), rather than because of anything our company seems to be doing particularly well ATM, sadly.
Maybe this will change in the near future. I certainly hope so.
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Jacob Kiraz
Regular
Haven't we got 2 deals already hello
MadMayHam | åę°£é
Regular
Oh boy... actually BRN started out with the technology and worked backwards to the customer experience (applications).
Pom down under
Top 20
A lot has happened over the last 1.5 years, most of it very positive.
In another 5/6 months I'll consider my position, my belief in our company hasn't changed to be honest, but like ALL shareholders
the lack of any real early revenue is becoming a real concern.
For major companies to just completely change direction, or in some cases, reverse direction and adopt our very disruptive
technology at the drop of a hat, has proven to be a major hurdle, I believe I am like ALL shareholders and to some degree the
company executive, the timeline has and is a lot longer than we all envisaged, I certainly have learnt that the product cycle is between
3/4 years, I wish I had sold all my shares at $2.00 + and been sitting on the sidelines as we slid all the way back to 14c !!!!
BUT LIFE GOES ON.
I will go as far as to say, if Sean can't get a few companies over the line before the next AGM, he will be under serious pressure to
fall on his own sword, but I still have confidence he will deliver, if come January and we are still treading water, I'll be halving my holding,
this will be a personal decision, not financial advice, as you get older, you can't live off the smell of an oily rag.
The Brainchip BOD can only control what they can control, if no major company wishes to 100% back us currently (by signing an IP License) well, we just have to accept that as the current status quo.
So to answer your baited question, my "Personal Review" is under pressure for sure.
Regards....Tech
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