• Customer cash inflows of US$0.4M, consistent with prior quarter
• Payments to suppliers and employees lower at US$4.3M vs US$5.2M
• Successful A$35m (US$22.8M) Institutional Placement and Share Purchase Plan

BrainChip Holdings Ltd, the world's first commercial producer of neuromorphic artificial intelligence technology, has released its Quarterly Activities Report and Appendix 4C for the quarter ending 31 December 2025. Key highlights include customer cash inflows of US$0.4M, consistent with the prior quarter, and payments to suppliers and employees of US$4.3M, lower than the US$5.2M in the prior quarter. The company also reported ongoing collaborations with multiple high-quality companies, expansion of its global intellectual property portfolio to 61 issued and pending patents, and the successful completion of a A$35m (US$22.8M) fully underwritten Institutional Placement and a Share Purchase Plan that was oversubscribed. The company ended the quarter with a cash balance of US$31.7M, up from US$13.9M in the prior quarter. The report also details the company's operational updates, including a strategic partnership with Parsons, the commencement of volume production of the AKD1500 neuromorphic Edge AI accelerator co-processor chip, and an initial order for 1,200 AKD1500 chips from Nex Novus.

The company reported customer cash inflows of US$0.4M and payments to suppliers and employees of US$4.3M for the quarter ended 31 December 2025.