InvestorsHub Logo
Followers 45
Posts 3487
Boards Moderated 0
Alias Born 05/26/2011

Re: None

Wednesday, 07/12/2023 5:45:28 PM

Wednesday, July 12, 2023 5:45:28 PM

Post# of 629
brchf....Yes, Brainchip inc. has a load of Employee wages and IP expenses to deal with every month, BUT, our revenues from year 2021 where 2.1 mil' was tabulated, to 2022 where 5.++ Mil' was tabulated, (More than doubled from year to year,) and those revenues were from sales of the Akida system or IP revenues!

Yet NOT ONE DIME YET from ROYALTIES which are supposed to start flowing later in 2023? There are quite a few Co's under the royalty program, so we will eventually see compound upon compound upon compound Co's building upon one another! If the Royalties come in as expected, starting late 2023, it will be an achievement in itself as we only have been at it for about 1 & 1/2 years? one would think, I guess, that it would take 5 maybe 8 years before Royalties would start coming in, so it will be quite an achievement to see it happen so soon! With over 20 Mil' in the bank, we will be able to sustain the Business for at least another 1-2 years at the pace we are going right now? GLTA.. Next few years should be exciting times!