*.com
The company reported half year revenues of US$767,545.
Over the same period last year it was effectively pre-revenue, booking $13,397 in what it described as “development service revenue”So on a comparative basis, that marks a healthy gain of 5,629%.
Due largely to research & development costs, the company booked an operating loss of more than $8.4m. It finished the half-year with around US$17.6m in the bank.
Of the US$767,545 amount, Brainchip ascribed US$412,500 of it to license revenue, with US$303,040 from development service revenue and US$52,000 to product revenue.
BRN said Akida could be commercially available as soon as October or November this year.
Lots in the pipeline and "we are only just beginning"
PVDM.
2021 BRN Discussion, page-20317
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