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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Message: Cash position

I didn't have a pen handy but I think I heard TM respond to a question regarding POET's cash position as:

  • As of Sept, cash on hand of $9.4M
  • $3M from recent conversion of warrants
  • consistent cash burn of $2.5M per quarter

Anyone else listening - please correct me if I heard incorrectly.

LZF

 

 

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