It's impossible for BRN to give a definitive answer on revenue. It is out of BRN's hands. They know companies are working on applications using our technology but when they can get the chips manufactured and/or are prepared to go to market is the $64,000,000 question. We know Mercedes goes to market in 2024 but we don't know how many chips they'll be using with BRN technology in each vehicle. IMO they'll be using more per vehicle in their fully electric range.
There will also be companies coming out of left field using MegaChips, Renasas, Edge Impulse etc or their own skunk works like Panasonic or Sanyo. To change technology to Akida is a huge leap for these companies to make. It could make or break them.
Once they do go to market and revenue starts pouring in, times like today will be a distant memory. New revenue streams is the only way to bust open the current cycle but once it does, hold on to your hats. The dam will burst hard and fast. The stock will go through an incredible re-rating.
The only unknown is exactly when. My educated guess is anytime within the next 2 years. We probably won't see it coming until it hits because the companies using Akida will want to astonish their respective markets like Apple did with the iPhone.
I think what Sean said, is fairly conservative and along the lines, of what you said, if you consider..
Say, 60 new employees, at an average cost of 100k per annum, that's 6 million per year.
Add say another million, for associated costs.
That would suggest a quarterly of 1.75 million dollars, by the years end, which is well reasonable, as things start moving (also considering the balance of things like the MegaChips licence fee).