Agoracom: Small Cap Investment - POET Technologies Inc. - Higher burn rate than I expected and no Revenu in Q1-2020

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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LookinGIntoIt

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Higher burn rate than I expected and no Revenu in Q1-2020

posted on May 29, 2020 08:08AM

I haven't not read the MD&A and FS, I,ll do right after this post.

Right off the NR, did anybody notice that no revenue were recognized in Q1-2020? To me this means that were still a R&D play. Meanwhile, POET is reporting that the proof of concept is done and completed, what is next than? and who pays for it?

Thererefore, a meaningful NRE announcement would be welcomed sooner than later or desing wins. It's been 2 years since we got a meaninful NRE-related news

Better would be a announcement of a partnership to take the OI to the market with the Tier-1 networking custormer.

I'm not worry cash-wise for the time being. Money is coming in as we know from the DL Sale.

For the recrod, i'm still kicking myself for not purchasing any debentures!

Cash burn-rate at approx 800K is quite higher than I expected and this is caused by the fact that I expected we would have received some minor and undisclosed NREs in Q1-2020 which clearly didn't happen