POET Technologies Inc. V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc brings solutions for faster and more cost-efficient data transfers. Its proprietary Optical Interposer is the foundation of an elegant platform that provides seamless integration of electronic and photonic devices into a single module. The company has multiple customers who build next-generation products for Data Centers, Telecoms, Artificial Intelligence, Internet of Things, Automotive LIDAR, Wearables, and more. POET has offices in Canada, the U.S., Singapore and China.

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POET Technologies Inc. > Cash is running out fast

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Comment by lscfaon Mar 04, 2024 1:52pm

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Post# 35913788

RE:Cash is running out fast

burn rate is $1M per month

	US $
Sep 30 cash	4,476,478
Oct 31 cash	3,500,000
US financing	1,200,880
Cda financing	4,134,880
	8,835,760
nov burn	-1,000,000
dec burn	-1,000,000
jan burn	-1,000,000
feb burn	-1,000,000
	4,835,760
1.12 wrts exercised	7,772,800
	12,608,560