Some people on this board do not understand that Cash burn rate and Operating Loss are totally different.

See below :-

Q1 Loss was $3.2MM, but you need to back-out non cash compensation ($792K) and amortization ($596K) to get the actual cash burn rate = $1.8MM

Q2 Loss was $4.6MM, but again back-out non cash compensation ($1MM) and amortization ($650K) = actual cash burn rate of $2.95MM. Note also the capital spend in Q2 for equipment and patents was just over $1MM.

So actual average cash burn rate for Q1+Q2 was circa $2.37MM per quarter.

At current burn rate  we have a cash runway into Q3 2019.

Sales start in early 2019.

One (1) $30MM sales agreement (a drop in the ocean for our products) at 50% full margin would make POET break-even which equates to zero cash flow burn rate.

Then there is the warrant money; one can expect a good chunk of that to flood in on a NR of a decent Sales agreement.

I am not concerned about cash in the near term.