Ann: Appendix 4C - quarterly, page-60

And even the numbers in my correction are incorrect. Third times a charm? The updated graph was correct, but cash outflow (excluding receipts from customers) grows at a linear US$159,000 (not $129k, nor $189k) per quarter. Receipts from customers grows only by a linear US$30,000 per quarter. It doesn't really change the conclusion one draws; if you believe there is no exponential growth potential to be found here.

As I said previously though, the next few quarters will be revealing. If Brainchip continues receiving receipts from customers totaling less than US$0.5M up until June 2019, then the exponential growth story still hasn't played out yet and I will find that very concerning. However, if Brainchip starts receiving receipts from customers totaling above US$1M on (or before) the June 2019 quarter (which I think is the most likely scenario), then we're looking at exponential "hockey stick" growth.