BRN Discussion Ongoing

[gex]

 

[AARONASX]

doing Jack, not Jake.

As a Jake, i find that sooooo disrespectful. Wheres that report button? haha

Oops.. thanks!

 

[Quercuskid]

Lucky I have just taken delivery of some superb red wine, it will be put to good use tonight.

 

[Damo4]

All these “customers” BRN keep talking about - $40k revenue is no customers!

Explosion of sales!

Don't miss the bus!

We will flood the market with our chips!

We will break even on quarterly expenses!

Watch the financials!

Our company will be judged by the next AGM! Hold on tight

In 2020, 2023 will be out year

In 2023, 2030 will definitely be our year

I am so much in the red I can not even sell. I assume I have lost 100k, and I can only laugh about it.

40k in revenue. Thank you Sean Heihr great job

Nothing much to see in this 4C for revenue...Ohh well we look forward to FY24 and FY25 for the bigger plays.

Nope 40k is just a little too small, they are supposed to be receiving payments for providing engineering support to our EAPs (supposedly over 10)... they didn't even bother commenting why it's so low... their numbers didn't even match for below... bonus was higher than revenue ^^...


BrainChip reported net operating cash outflows of US$6.3M vs.US$1.9M in the prior quarter.
Cash inflow from customers in the current quarter of US$0.04M was lower than the prior quarter (US$1.1M).
Total payments to suppliers and employees of US$6.2M in the current quarter was higher than the prior quarter (US$3.8M) due to the payment of 2022 bonuses to employees of US$0.92M,
US$0.45M to third party engineering services and US$0.5M for renewal of corporate insurance
policies, recruitment services and other corporate costs.

Surely by now people investing in companies understand the difference between revenue and cash receipts...
Maybe I should just listen to all of these smarter-than-me "emerged" accounts and sell

 

[Gearitup]

What is bewildering is that they have clearly changed tack to Akida 2nd Gen as A1 wasn’t able to be commercialised, yet they can’t even lay out a clear timeline as to delivery of A2? There is no clear launch timeframe is it this quarter, this year or next year….who knows?

 

[JB49]

Surely management have a rough idea of when Renesas and Megachips plan to start using Akida at scale in their products. It would be great if we could get an indication of roughly when that is going to occur.

 

[Cardpro]

Surely by now people investing in companies understand the difference between revenue and cash receipts...
Maybe I should just listen to all of these smarter-than-me "emerged" accounts and sell

Where the fk did the revenue from past quarters show up? Surely 40k is wtf

If there r delays due to payment timing, it should be quite regular and prob be averaged out by now... where is the payment that we get for providing engineering support to the EAPs

Fk I regret not selling, I thought how can they possibly disappoint more to drive the price down (given I wouldve been pretty happy with 500k - 1M until we receive royalties) but 40k will do

 

[Vladsblood]

Yep’ Leave it to the last day then the shareholders have all weekend to get over our miserable quarterly income…just gotta stick it out or sell and get out!!
Because most of the Directors are Yankees it makes me keep thinking they are working quietly on a full Nasdaq listing within the next 12/24 months. Nasdaq is the ultimate spot for Brainchip to be recognised…Not the tiny asx. Vlad

 

[FrederikSchack]

Holy cow, $40k! What engineering services? This is more than lumpy..... This is ridiculous.

 

[Fastback6666]

Surely by now people investing in companies understand the difference between revenue and cash receipts...
Maybe I should just listen to all of these smarter-than-me "emerged" accounts and sell

Either way it does not change much in the short term hey. We wait longer.

 

[Nobbie1992]

Is dreadbot working today?

 

[Shadow59]

Have you noticed how many "emerged" posters have suddenly arrived from HC

 

[DK6161]

Not sure about you guys, but Akidio 3.0 set to be released in 2030 might be the turning point for us now.

 

[alwaysgreen]

View attachment 35206

How is that relevant?

Weebit is not in the commercial phase yet.

We've been trying to sell Akida and can't seem to get major traction with sales. Hopefully Akida 2.0 remedies this.

 

[Techinvestor17]

Surely management have a rough idea of when Renesas and Megachips plan to start using Akida at scale in their products. It would be great if we could get an indication of roughly when that is going to occur.

Renesas will have there chip ready for commercial production some time during the end of this year or start of next based on having the final tape out in December

 

[Damo4]

 

[Techinvestor17]

Have you noticed how many "emerged" posters have suddenly arrived from HC

Yea this forum needs an ignore function

 

[buena suerte :-)]

Top 20 is out!!

 

[Techinvestor17]

What is bewildering is that they have clearly changed tack to Akida 2nd Gen as A1 wasn’t able to be commercialised, yet they can’t even lay out a clear timeline as to delivery of A2? There is no clear launch timeframe is it this quarter, this year or next year….who knows?

They have said it would be available by the end of the year

 

[gex]

If I comment, I'll be called a down ramper but clearly the market for Akida (Gen 1) is small.

Hopefully

How is that relevant?

Weebit is not in the commercial phase yet.

We've been trying to sell Akida and can't seem to get major traction with sales. Hopefully Akida 2.0 remedies this.

Maybe a little perspective?