POET Technologies (POET Technologies) Ending Cash Position : $3.43 Mil (As of Mar. 2024)

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What is POET Technologies Ending Cash Position?

POET Technologies's Ending Cash Position for the quarter that ended in Mar. 2024 was $3.43 Mil.

POET Technologies's quarterly Ending Cash Position declined from Sep. 2023 ($4.48 Mil) to Dec. 2023 ($3.02 Mil) but then increased from Dec. 2023 ($3.02 Mil) to Mar. 2024 ($3.43 Mil).

POET Technologies's annual Ending Cash Position declined from Dec. 2021 ($14.94 Mil) to Dec. 2022 ($9.23 Mil) and declined from Dec. 2022 ($9.23 Mil) to Dec. 2023 ($3.02 Mil).

POET Technologies Ending Cash Position Historical Data

The historical data trend for POET Technologies's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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POET Technologies Ending Cash Position Chart

POET Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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1.43

6.87

14.94

9.23

3.02

POET Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															10.97	8.51	4.48	3.02	3.43

POET Technologies Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

POET Technologies's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	9.229	+	-6.21
	=	3.02

POET Technologies's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	3.019	+	0.415
	=	3.43

POET Technologies Ending Cash Position Related Terms

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POET Technologies (POET Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » POET Technologies Inc (NAS:POET) » Definitions » Ending Cash Position

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RI4A:Germany PTK:Canada

Address

120 Eglinton Avenue East, Suite 1107, Toronto, ON, CAN, M4P 1E2

Website

https://www.poet-technologies.com

POET Technologies Inc offers integration solutions based on the POET Optical Interposer, a novel platform for the seamless integration of electronic and photonic devices into a single module using advanced wafer-level manufacturing techniques and packaging methods. The company operates in a single segment of design, manufacture, and sale of semiconductor products and services for commercial applications. Its products have applications in Data Centers, Telecommunications, the Internet of Things & Industrial Sensing, Automotive LIDAR, and On-Board Optics. Its geographical segments are Asia, the United States, and Canada.