Poet Technologies Inc (POET)

[prototype_101]

Liquidity and Capital Resources 3rd Quarter 2017

The Company had working capital of $9,056,801 on September 30, 2017 as compared to $15,509,859 on December 31, 2016.

The Company’s balance sheet as of September 30, 2017 reflects assets with a book value of $26,876,865, compared to $35,505,597 as of December 31, 2016. Thirty-six (36%) of the book value, or $9,664,828, was in current assets consisting primarily of cash and short-term investments, compared to 48%, or $17,134,203 as of December 31, 2016.


So looks like the burn is about 700k /month, so maybe stave off a raise for another 6 months, by then revenues expected to rise, and JV's for both the GaA's and the InP Hybrid Dielectric OSA's expected