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: POET's cash runway.

LIghtbar-C transcript

Feb 24, 2021

 

4:50, George: What kind of runway… ballpark… Tom, I know it’s subject to… obviously it’s subject to times change, things move on, but ballpark, what kind of runway do you think… what kind of comfort zone does this give the company?

5:01, Tom: We have a good two years at the current burn-rate, so I think we’re comfortable. But with CFO’s, you know, I’m always mindful of the needs of the company and need for capital. We’re a technology company, and technology companies always need capital to grow.

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/755947-lightbar-c-transcript/?message_id=2305075

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(Keep in mind that there is the NRE variable too.  POET won't be doing  gratis design work unless it's part of the negotiated contract and while it's not something that can be counted on as a revenue projection, it is a cash infusion and can potentially lengthen the cash-burn runway imo.)

 

 

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