Aug. 1 at 10:48 AM
$BRCHF June 2025 Quarter (Q4 FY25)
Key Highlights
• Cash balance of US
$13.5M provides sufficient capital for growth and investment in research and development of new and existing products
• Evaluation of redomiciling Company listing has been completed with input from a range of domestic and international advisors, including legal, investment banking groups, and shareholders. After detailed evaluation and analysis, the Board made the decision that shareholder value is best achieved by remaining listed on the ASX
• Cash inflow from customers in the current quarter of US
$1.4M was higher than the prior quarter (US
$0.14M)
• Total payments to suppliers and employees of US
$4.4M in the current quarter were lower than the prior quarter (US
$4.9M)
• Collaboration with multiple high-quality companies during the quarter further demonstrates the commercial application of BrainChip’s technology.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02972446-2A1610569&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6