BRN Discussion Ongoing

Beebo

Regular

Great to hear Sean reiterating the $7-9M worth of bookings expected this year.

Bookings are contracts…contracts translate to revenue! We can finally start giving analysts to start following, analyzing, and forming quarterly estimates.

Look out behind you! A snowball is rolling down.
 
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JB49

Regular
I feel like the company is less confident than they were last year.

Doesn't appear to be anything significant in the pipeline. Sounds like there might be a few small deals here and there. But not nearly enough to cover expenses so will need more funding.

Sean confirming no royalties this year for me confirms we aren't in Valeo Scala 3 (due this year) or the Nintendo switch. Sounding like 2027-2029 is when things may get more interesting.
 
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manny100

Top 20
I hope you are right Cardpro... As I said, I have no problem with BRN being rewarded, but when they have actually done some sigifncaint deals that outweigh Sean's remuneration for the year!

I agree, if Sean gets rich we get rich, but right now.. Sean is the only one making money whilst shareholders wealth is dwindling.

I also don't think 9M USD is a big target considering how BRN talk up their products.. maybe a new start of under promising and over delivering.... time will tell..

Here's hoping he can do it...
If Sean gets rich it will because of cap gains and we will be swept along for the ride.
Its a win/win.
The beauty of RSUs is that there is no insider trading issues and they incentivise staff.
 
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White Horse

Regular
Looks like we have some more competition on the horizon...3 years away though, so time is on our side.



US Air Force wants to develop smarter mini-drones powered by brain-inspired AI chips​

Published 14 hours ago
Plans are underway to create new AI-powered drones that can fly for much longer than current designs.


FPV kamikaze drones flying in the sky.

Although neuromorphic computing was first proposed by scientist Carver Mead in the late 1980s, it is a field of computer design theory that is still in development.

Scientists are developing an artificial intelligence (AI) chip the size of a grain of rice that can mimic human brains — and they plan to use it in miniature drones.

Although AI can automate monotonous functions, it is resource-intensive and requires large amounts of energy to operate. Drones also require energy for propulsion, navigation, sensing, stabilization and communication.

Larger drones can better compensate for AI's energy demands by using an engine, but smaller drones rely on battery power — meaning AI energy demands can reduce flying time from 45 minutes to just four.
But this may not be a problem forever., Suin Yi and his team at the University of Texas have been awarded funding by the 2025 Air Force Office of Scientific Research Young Investigator Program (part of the Air Force Office of Scientific Research) to develop an energy-efficient AI for drones. Their goal is to build a chip the size of a grain of rice with various AI capabilities — including autonomous piloting and object recognition — within three years.

AI-powered miniature drones​

To build a more energy-efficient AI chip, the scientists propose using conducting polymer thin films. These are (so far) an underused aspect of neuromorphic computing; this is a computer system that mimics the brain’s structure to enable highly efficient information processing.

The researchers intend to replicate how neurons learn and make decisions, thereby saving energy by only being used when required, similar to how a human brain uses different parts for different functions.
Although neuromorphic computing was first proposed by scientist Carver Mead in the late 1980s, it is a field of computer design theory that is still in development. In 2024, Intel unveiled their Hala Point neuromorphic computer, which is powered by more than 1,000 new AI chips and performs 50 times faster than conventional computing systems.

Meanwhile, the Joint Artificial Intelligence Center develops AI software and neuromorphic hardware. Their particular focus is on developing systems for sharing all sensor information with every member of a network of neuromorphic-enabled units. This technology could allow for greater situational awareness, with applications so far including headsets and robotics.
Using technology developed through this research, drones could become more intelligent by integrating conducting polymer material systems that can function like neurons in a brain.
If Yi’s research project is successful, miniature drones could become increasingly intelligent. An AI system using neuromorphic computing could allow smaller and smarter automated drones to be developed to provide remote monitoring in confined locations, with a much longer flying time.


Hi Bravo,
Just noticed the comment PVM made about this article.

1746671027803.png
 
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Labsy

Regular
Exactly, and then to make matters worse he is then rewarded again when the booking turns into revenue.

The generosity that they reward themselves is gobsmacking. I want BRN to be rewarded for their work when they achieve results but this is just insulting to shareholders.

3 strikes in a row and yet they continue in their arrogance to reward themselves excessively.

Shameful. How is this not double dipping?


Short Term Rewards
View attachment 84018



Long Term Rewards (note in 25 the Threshold is 0-80%

View attachment 84019
He's doing all the heavy lifting buddy... What are you doing? 😆
 
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buena suerte :-)

BOB Bank of Brainchip
Great news, but we can't possibly work with a company like them. Have you seen the state of that unironed tablecloth. What a shit company, really unprofessional !!
Noted ;)
 
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HopalongPetrovski

I'm Spartacus!
He's doing all the heavy lifting buddy... What are you doing? 😆
I think the "concerned citizens catastrophising group" are generally happier on the crapper, where they are in vogue. 🤣
 
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FiveBucks

Regular
I think the "concerned citizens catastrophising group" are generally happier on the crapper, where they are in vogue. 🤣
I'm still here in my grumpy old man mood!
 
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HopalongPetrovski

I'm Spartacus!
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Mea culpa

prəmɪskjuəs
I think the "concerned citizens catastrophising group" are generally happier on the crapper, where they are in vogue. 🤣
Yes Hoppy, I was bemused to read a comment on said crapper from a catastrophier claiming to have attended the AGM, claiming to have conversed with Jonathan Tapson and claiming to have left the meeting before shareholders questions, yet typically forthright in his opinions. The history of this persons comments indicated to me he was still bullshitting, foxing with the facts if you like. He was turfed off TSE some time ago along with his mate. His usual response to queries if he had contacted Tony Dawe about his concerns, he would reply, “I have”, but never provided evidence, as others had done.

I don't believe he was there and he simply read the posts of those who were, including FF’s post of his conversation with Jonathan Tapson and passed it off as his own conversation. He stated he had questions for the BOD’s yet left beforehand. Such convenience and integrity.

Yep catastrophising.
 
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Gemmax

Regular
Yes Hoppy, I was bemused to read a comment on said crapper from a catastrophier claiming to have attended the AGM, claiming to have conversed with Jonathan Tapson and claiming to have left the meeting before shareholders questions, yet typically forthright in his opinions. The history of this persons comments indicated to me he was still bullshitting, foxing with the facts if you like. He was turfed off TSE some time ago along with his mate. His usual response to queries if he had contacted Tony Dawe about his concerns, he would reply, “I have”, but never provided evidence, as others had done.

I don't believe he was there and he simply read the posts of those who were, including FF’s post of his conversation with Jonathan Tapson and passed it off as his own conversation. He stated he had questions for the BOD’s yet left beforehand. Such convenience and integrity.

Yep catastrophising.
They are all armchair experts! Don't you know. You do not even have to ask for their experts opinions! Also very generous. Giving their opinions again and again and again and again and again and again and again and again etc, etc!
 
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HopalongPetrovski

I'm Spartacus!
They are all armchair experts! Don't you know. You do not even have to ask for their experts opinions! Also very generous. Giving their opinions again and again and again and again and again and again and again and again etc, etc!
They are terribly concerned for our welfare, old chap. 🤣
 
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But look at Elon, he became one of the richest person in the world, if Sean can actually land some deals, hopefully 9Mill for this year, and double next year, followed by exponential growth, we will also be rich too, not to his level but yes.

If Sean fails to turn this ship around, it will sink, and yep........

In my opinion, 9 mill is not a huge target for a company of this size, but given the history during past few years, I am more than happy to see the 9 Mill, I believe once we hit 9 Mill, the growth will be exponential... getting the first couple of deals is much more difficult than landing the next 10 IMO...

But that being said... I was thinking the same 4 - 5 years ago... for every single day...........and I've put significant amount of my savings/investment here... (I only hold brainchip...)... only to see it go down the drains... ;(

but yes... good luck to all....!!!!! Plz!!!! Bring us some revenue Sean!!!!

Imo only dyor
So his target is 9 million,
Is this revenue or a IP signing
I'm new to this game and if someone could explain all this 9 million dollars talk around Sean Heir please
 

ChipMan

Founding Member
I feel like the company is less confident than they were last year.

Doesn't appear to be anything significant in the pipeline. Sounds like there might be a few small deals here and there. But not nearly enough to cover expenses so will need more funding.

Sean confirming no royalties this year for me confirms we aren't in Valeo Scala 3 (due this year) or the Nintendo switch. Sounding like 2027-2029 is when things may get more interesting.
You are a dumb arse
 
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CHIPS

Regular
You are a dumb arse

You better delete your post yourself because you might be punished for it by the forum's admin. This is not how we talk to each other here (even though you are right).
 
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What's with the share price? It's now green and almost double the number of buyers as sellers
Probably LDA flooding the buy side to get a better price?
 
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jrp173

Regular
So his target is 9 million,
Is this revenue or a IP signing
I'm new to this game and if someone could explain all this 9 million dollars talk around Sean Heir please

The talk is around the fact that at the AGM, Antonio stated that the "goal" for Sean in Bookings for 2025 is $9M. This is something new for BRN, as in the past they have never actually told shareholders what the dollar value of the various goals were..

So take 2024 in the table below for Sean's "Target" bookings, if he did not achieve the goal, he still got 50% of his bonus, if he met the target he got 100% of his bonus, but shareholders did not know the dollar value of his bookings target (for Sean or any one else receiving bonuses).

So telling shareholders at the ATM that it is a $9M revenue target for Sean for 2025, is something new for BRN.

Just incase you didn't know as you mentioned you're new to this, a Booking is any paid or legally binding commitment to purchase goods and/or services from the company.

1746692594892.png
 
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JB49

Regular
You are a dumb arse
Which part makes me a dumb arse? I personally don't see a significant continual revenue stream until at least mid 2027. Where do you believe strong revenue is going to come from in the next 12 months?

I also thought Sean seemed noticeably less confident in this year’s AGM compared to last year. It almost feels like the lack of any major licensing agreements has revealed that things are more challenging than they initially anticipated.
 
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jrp173

Regular
I feel like the company is less confident than they were last year.

Doesn't appear to be anything significant in the pipeline. Sounds like there might be a few small deals here and there. But not nearly enough to cover expenses so will need more funding.

Sean confirming no royalties this year for me confirms we aren't in Valeo Scala 3 (due this year) or the Nintendo switch. Sounding like 2027-2029 is when things may get more interesting.
JB49 don't know if you were at the AGM or watched it online, but the roadmap before the AGM presented by Dr Tapson is really worth watching (not sure if it's out yet). I thought his presentation was the best part of the day. He was genuinely excited, and I think if you listed to this, you'll get some good things out of it.
 
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JB49

Regular
JB49 don't know if you were at the AGM or watched it online, but the roadmap before the AGM presented by Dr Tapson is really worth watching (not sure if it's out yet). I thought his presentation was the best part of the day. He was genuinely excited, and I think if you listed to this, you'll get some good things out of it.
Yes, I watched both the AGM and Dr. Tapson's roadmap presentation. I agree that the team is genuinely excited about Akida 2 and future iterations. The potential of the Akida is huge, and I definitely believe in what it can achieve, thats why I'm heavily invested. However, from a commercial revenue standpoint, the outlook remains unclear over the next 12-18 months.

The enthusiasm within the company for the product technology is clear, but translating that into market traction seems to be a much more complex process than initially anticipated. And thats what I could sense from management in the AGM. They are frustrated. They are frustrated because they know they have an amazing product, but one that is taking a lot longer for the market to start adopting it. And thats where I feel the lack of confidence was stemming from. Hence why I'm suggesting that we should start seeing commercial success from 2027-2029. If that makes me a dumb arse then so be it. But I prefer to be realistic.

Chipman - let me know where you think significant revenue is coming from before 2027. Keen to hear your thoughts.
 
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