BrainChip reported net operating cash outflows of US$3.4M vs.US$4.0M in the prior period. Receipts from customers for the quarter were US$1.1M, an increase of 83% from US$0.1M in Q321.
It will interestig to see how the market reactes to this. An increase of 83% is a ver positive sign.... $1.1m not a huge amont for $3b company.
IMO a good 4c. Lots of positive news int he quarter and subseqent too. The next 3 months will be very intersteing!
Ann: Appendix 4C and Quarterly Activities Report, page-14
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