POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs > New Press Release - POET Technologies Reports Second Quarter 2024 Financial Results

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Comment by lscfaon Aug 14, 2024 5:20pm

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Post# 36179332

RE:New Press Release - POET Technologies Reports Second Quarter 2024 Financial Results

another reason to stop doing equity issues with warrants -- distorts accounting income away from economic reality....

The Company reported non-cash fair value adjustment to derivative warrant liability of $1.4 million in the second quarter of 2024, compared to nil in the same period in 2023 and $0.6 million in the first quarter of 2024. This non-cash item relates to warrants issued in a foreign currency and is periodically remeasured.

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