As I did not get any answer from zou here in the forum about the cash burn rate in Q1, someone was so friendly to point me via Private Message to the following post, that I advice everyone to read:

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/690141-cash-flow/messages/2150472#message

"Please realize this is a Very simplistic cash flow statement:

   1st Quarter Net Loss                                                              $3,500,000

   Add back:

        Depreciation and Amortization Expenses     $894,813

         Non cash stock based compensation            540,393

                                                                          ______            1,435,206

                                                                                                  ________

    Quarterly cash burn rate                                                         $2,064,794

    Yearly cash burn rate                                                              $8,259,176

 Other considerations, such as: (1) The yearly grant contribution must be deducted

                                              (2) Any additional increases in sales will result in a rough assumption of 40% of such

                                                    revenues to further offset cash outflows

There will be some incremental cost expenditures to add back, such as full realization of employee salaries, etc.

 Once again, this is very simplistic and rough, but I think it demonstates that management is not far off in their earlier statements, that the company will not need any additional funding in the next 12 months.  It also demonstrates that they are not in the dire financial straights being proposed by some posters.

If they can continue to show progress in sales revenue, NRE revenue, and also taking into account the positive points Quan Gork extrapolated in an earlier post, things are NOT THAT BAD. The market may not agree tomorrow morning, but this was actually BETTER than I was expecting to see."