rgupta
Regular
We can’t go on forever without revenue. With the IP licences getting some age behind them, at some point they need to start yielding fruit, otherwise we have no business.
We can call those wankers, dumpsters, whatever for calling it out, but they aren’t wrong. Sadly, positive scientific papers and non-commercially binding partnerships will not build a company.
Before I share my belief let me tell everyone I am a holder.I think the point was more we have 0 new licenses (to our knowledge) and neither Renesas or Megachips have announced they are currently selling their products with Akida in it. In fact they may never announce, it may just appear.
With that in mind, unless there is previous cash receipts owing from either license, or dev boards or EAP fee's etc, the receipts are going to be practically $0.
To speculate anything above that is either stupid or deliberately misleading.
Also a lack of sales is already being called out on days ending in a 'y', so the idea of a 4C being the catalyst for further criticism makes no sense either. It would be simply a reminder of what we are already knowing, day after day.
It's not a matter of whether it is good enough that BRN is yet to have cash receipts, my point is simply where in the world would it appear from?
Edit: Accidentally used the word revenue, instead of cash receipts, in one of the sentences.
Fixed now as people really should know the difference between the two, and what a 4C is for.
Ok, my understanding is brainchip should not have launched akida 1000 in a hotch potch reason being there was no development environment, no modules were available but instead it was produced for EAP customers and they were not very interested.
Just think, if we were selling our kits but there was no ideas or support (how you can sell the same).
We sell two licences and it is taking too long to launch a product. I don't know what we're conditions of those licences but the hype created at that time is following us like anything.
I also assume LDN was axed for the same reason.
Going ahead I believe technology is real and revolutionary but if implementation is bad that can ruin any good product. So I assume management had taken note of failures and developing an ecosystem where after market services are available for a marketable product. And that is the only way to sell the product to right consumers. Right now edge impluse had developed some modules for retail customers and other small and big partners are working on the product. So I assume company is learning from mistakes and results will start getting visible by the time we launch akida 1500.
But definately if we cannot sell akida 1500 to retail customers that will be considered a big failure.
So still holding and have a full faith in technology but still believe there are always slips between the cup and lips.
So fingers crossed and hopefully mangement have a fool proof plan to implement things.