You are right. This was expected and the current share price...

You are right. This was expected and the current share price must already be baked in.some excerpts from the announcement

Revenues for the half-year ended 30 June 2023 of $115,606 decreased 98% from $4,831,081 in the same

period a year ago, reflecting the volatility of revenues in the early years of commercialisation and noting that

several active customers elected to defer their evaluation of BrainChip’s technology until after the expected release of Akida 2.0 in August 2023.

the balance sheet and cashflow hasn't changed much despite low revenue. Once akida 2.0 starts getting evaluated, the revenue will start increasing exponentially.the patent granted yesterday and announced today will definitely help.

At the end of the half-year the Group had consolidated net assets of $23,194,139 (31 December 2022: $23,718,406), including cash and cash equivalents of $21,824,785 (31 December 2022: $23,165,288).