Quarterly report out today, and share price dropped from 17.5c to 16.5c.

Receipts from customers $8K so no meaningful revenue from sales yet and no indication of when that will happen.
Cash inflows, excluding the sale of securities, were $823,000 including a forgivable loan from the U.S. government of US$412,000 and a research and development rebate from the French government of US$403,000. Cash outflows for operating activities for the June quarter were US$1.87M.

Subsequent to quarter-end, BrainChip, through its manufacturing partner SocioNext, completed assembly and received packaged AkidaTM devices which are now being tested and prepared for installation in evaluation boards that will be distributed to Early Access Program (EAP) customers.

Cash Balance as of 30 June 2020 US$5.35M
Net cash from / (used in) operating activities (item 1.9) (1,469)
Total available funding (item 8.2 + item 8.3) 5,368
Estimated quarters of funding available (item 8.4) divided by item 8.1) 3.7

BrainChip Holding Ltd will provide a market update via webinar; Monday 3 August 2020 6:00 p.m. USPDT, Tuesday 4 August 11:00 a.m. AEDT 2020.
• Company presentation will include the status of product development, fabrication, and commercialization of the AkidaTM intellectual property and device.