BRN Discussion Ongoing
- Thread starter TechGirl
- Start date
Fullmoonfever
Top 20
I'm just scrolling through the "course of sales' and WOW I Have never seen so many go through @ 1c, 2c, 3c, etc unreal
Totally equal market....not.
Only certain players get that privilege and it ain't retail
All in the name of creating "liquidity"
Personally....naff off auctions used to paint the tape / charts, when opens it opens and closes it closes and make min parcel sizes same for all mkt participants.
alwaysgreen
Top 20
We are going to be punished tomorrow. Outflows up and receipts down to just $200k.
Market isn't going to like this.
These next few 4cs are going to test our resolve until the serious revenue starts to flow through next year and 2024.
Izzzzzzzzzzy
Regular
Yeee we gonna get smashed tomorrow. I’m hoping this was priced in hahaha
Fullmoonfever
Top 20
Regardless of what Management have been saying / indicating when revenue should see an uptick (later in the year?)...the question is there as to where the runoff occurred last qtr from previous?
Looks like bottom drawer for awhile unless we get a follow up Ann shortly with some exceptional news.
Looks like bottom drawer for awhile unless we get a follow up Ann shortly with some exceptional news.
LexLuther77
Regular
no wonder it was released after market! We’re cooked tomorrow imo. Very disappointing
ndefries
Regular
Hmm i see more cash reserves, spend is increasing as expected due to commercialisation and more head count and we have yet to recognise the IP license fees so they will be paid in the next couple of quarters.
Would be nice to have seen a mill or so but really this is as per plan. They said to look at the revenue in the back of the year.
Would be nice to have seen a mill or so but really this is as per plan. They said to look at the revenue in the back of the year.
MaxwellAnne
Regular
I don’t think I am going to look at the share price tomorrow it will too ugly!!
Dozzaman1977
Regular
Yes a bit of a shock, so I know the CEO has said that selling the development kits from the brainchip website is not what they are focusing on.... But the raspberry pi boards are sold out and cost $5000 each.
So how many did they have in stock to start...... 40 sold equals 200000.
I thought they were trying to get these products out to all the academics and universities around the world (company stated).
So how many did they have in stock to start...... 40 sold equals 200000.
I thought they were trying to get these products out to all the academics and universities around the world (company stated).
Slymeat
Move on, nothing to see.
The CEO said numbers were in the hundreds. Must have pitiful margin.
Bravo
If ARM was an arm, BRN would be its biceps💪!
Fire up your type-writer @Dhm, you may have to send an email to another author. The author says "only a few experimental chips such as SpiNNaker 1 and SpiNNaker 2, a 10 million core processor platform optimized for the simulation of spiking neural networks, exist."
This good part is that author also suggests "the future killer application for neuromorphic may not be in exascale systems but more in low-power oriented edge compute". "Killer" in this context is very good (as in "awesome"), not very bad (as in "murder").
He-he-he!
Extract
5. Neuromorphic Processors. It is possible to design artificial spiking neural networks or more generally, electronic components, in a manner that takes inspiration from the architecture of the human brain. Carver Mead first theorized about neuromorphic processors in the 80s. But still today, only a few experimental chips such as SpiNNaker 1 and SpiNNaker 2, a 10 million core processor platform optimized for the simulation of spiking neural networks, exist.
Neuromorphic computing seems very promising, but continues to require breakthroughs in model training, ML dev ops tools, and other technologies. We also need hardware that fits different use cases: wafer size chipset will not work for low-power oriented applications. Although neuromorphic research has mostly been targeted at exascale systems, it may make sense to concentrate as much energy on applications like ultra-low power keyword spotting, event detection for autonomous vehicle, or other data streaming processing use cases. Progress could come more quickly, and breakthrough concepts could be scaled up. The future killer application for neuromorphic may not be in exascale systems but more in low-power oriented edge compute.
semiengineering.com
This good part is that author also suggests "the future killer application for neuromorphic may not be in exascale systems but more in low-power oriented edge compute". "Killer" in this context is very good (as in "awesome"), not very bad (as in "murder").
He-he-he!
Extract
5. Neuromorphic Processors. It is possible to design artificial spiking neural networks or more generally, electronic components, in a manner that takes inspiration from the architecture of the human brain. Carver Mead first theorized about neuromorphic processors in the 80s. But still today, only a few experimental chips such as SpiNNaker 1 and SpiNNaker 2, a 10 million core processor platform optimized for the simulation of spiking neural networks, exist.
Neuromorphic computing seems very promising, but continues to require breakthroughs in model training, ML dev ops tools, and other technologies. We also need hardware that fits different use cases: wafer size chipset will not work for low-power oriented applications. Although neuromorphic research has mostly been targeted at exascale systems, it may make sense to concentrate as much energy on applications like ultra-low power keyword spotting, event detection for autonomous vehicle, or other data streaming processing use cases. Progress could come more quickly, and breakthrough concepts could be scaled up. The future killer application for neuromorphic may not be in exascale systems but more in low-power oriented edge compute.
Seven Hardware Advances We Need to Enable The AI Revolution
New architectures hold promise for low power, distributed AI.
semiengineering.com
Last edited:
VictorG
Member
BRN still has over 6 quarters of running costs in the bank and that's after aggressively ramping up sales and marketing activities the past qtr.
While I would have liked higher revenue for the qtr, I'm not disappointed but rather expected this 4c to read the way it did. BRN's activity from the last qtr will yield results in the next qtr.
The current share price would have factored low revenue in the 4c.
I'm hopeful tomorrow will be green.
While I would have liked higher revenue for the qtr, I'm not disappointed but rather expected this 4c to read the way it did. BRN's activity from the last qtr will yield results in the next qtr.
The current share price would have factored low revenue in the 4c.
I'm hopeful tomorrow will be green.
Dozzaman1977
Regular
It's receipts from customers!!!! , not profit after expenses from selling the product.
So they had what 10, 20 in inventory..
Pretty ordinary
I am gob smacked. How do you sell out of the raspberry Pi boards at around $4,000 AUS a pop and only take in $200,000 US. Even if that was the only source of cash inflow it would mean that you only sold 69 and you sold out!! Ok, need to calm down. SP is headed way way down. Bottom draw she goes. It really is a very small tip of the iceberg.
Shadow59
Regular
I know it hurts to see this 4C, but I was not expecting any more than this for this one. Fortunately for me I am very long on BRN, this only gives me opportunities to increase my holding at lower cost. Hopefully there will be an announcement this week to offset any damage to the share price. The next one will still be border line, the October 4c will be the one to watch. Management have always said late half of the year.
Sotherbys01
Regular
I free carried at $1.75
Long term with no stress on the SP
Long term with no stress on the SP
Fact Finder
Top 20
I did tell everyone not to place eggs in the income basket not because I am wise or have inside knowledge but because that is what the company has been saying.
I also said that the 4C will confirm that Brainchip is a going concern with the US dollars converted to AUD is $AU42,000,000 approximately cash in the bank predicted to last at least for the next 6 quarters. I thought it might be about $AU35 million but was out by $AU7 million odd.
As the funds received by way of earnings must largely have been taken up with sales of modules etc; the large part of the MegaChips $US2 million dollars in 2022 must still be outstanding. So you can add this $US2,000,000 or $AU2,800,000 to take the known cash to almost $AU45,000,000. Unless you think despite the fact that MegaChips is out there actively selling Brainchip and AKIDA to its customers that it plans to default on paying these monies.
My opinion only DYOR
FF
AKIDA BALLISTA
I also said that the 4C will confirm that Brainchip is a going concern with the US dollars converted to AUD is $AU42,000,000 approximately cash in the bank predicted to last at least for the next 6 quarters. I thought it might be about $AU35 million but was out by $AU7 million odd.
As the funds received by way of earnings must largely have been taken up with sales of modules etc; the large part of the MegaChips $US2 million dollars in 2022 must still be outstanding. So you can add this $US2,000,000 or $AU2,800,000 to take the known cash to almost $AU45,000,000. Unless you think despite the fact that MegaChips is out there actively selling Brainchip and AKIDA to its customers that it plans to default on paying these monies.
My opinion only DYOR
FF
AKIDA BALLISTA
Okeydokey01
Regular
I agree I think the SP will take a hit tomorrow. Comparatively the numbers are disappointing coming off the growth we enjoyed in the last quarterly.
As you say this will test some holders. Some may jump out or reduce their position, while others may very well see it as a buying opportunity and grab some more. At the end of the day each holder has their own plan and own time lines. Each of us individually only have to satisfy ourselves and our loved ones as to the decisions we make.
But has anything changed? are our prospects less likely than what they were this morning? and did we really expect large revenue this quarter? for me the answer to all of these questions is a solid NO. I am happy to continue to hold. Has this 4C changed my belief in where we will be at the end of this year and end of 2023, 2024... changed? Absolutely not. With the exception of a disappointing revenue number the Quarterly is otherwise strong in my opinion. We continue to push forward into new markets, our appointments of quality personnel continue to grow and our cash position is strong. I don't think we should overlook this.
While I would love revenue sooner rather than later I am happy to be patient. As I believe in the months and years to come the question will not so much be should I continue "hang in" but will be more along the lines of when do I take a little off the table for fear of selling out to early as the SP continues to climb. We are still only at the start of this game with a product that is years ahead in a technology space that is still being defined.
Last edited:
Similar threads
