I think that is most likely to be this situation.'MegaChips who has produced license income in the Brainchip balance sheet has admitted it helped with the backend design for AKIDA1500 which according to Brainchip was produced as a result of customer requests'.
The big question now is: has AKIDA 1500 satisfied the needs of these customers and if so when will these customers walk the talk and put their money where their mouths are?
Dear Brainchip, love the Akida 1000 and we've been able to get a few people signed up and products are starting to move. However many of our customers are reluctant to move forward currently as they also need X, Y and of course the dreaded Z. Any ideas?
Thanks Megachips, yes of course we can do that. As you are aware with the DD you did before signing up, we can deliever X,Y and we don't see Z as dreaded but a simple solution. How about we work together on this to make sure we can cross all the T's and dot all the I's for those fussy customers of yours?
Dear Brainchip, yes we are happy to get involved. All the techs you trained are fully aware of what is needed. So how about we get that Akida 1500 up and running as our customer list is growing by the day. regards, the smart early movers.
Well, I'm sure it was close to this anyway ROFL!!!
So revenue is possibly/likely coming in from the day or the day after..... 1500 was first commissioned