POET (POET Technologies) Accumulated Depreciation : $-6.93 Mil (As of Sep. 2024)

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What is POET Technologies Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

POET Technologies's quarterly accumulated depreciation increased from Mar. 2024 ($-5.96 Mil) to Jun. 2024 ($-6.45 Mil) and increased from Jun. 2024 ($-6.45 Mil) to Sep. 2024 ($-6.93 Mil).

POET Technologies's annual accumulated depreciation increased from Dec. 2021 ($-2.39 Mil) to Dec. 2022 ($-3.63 Mil) and increased from Dec. 2022 ($-3.63 Mil) to Dec. 2023 ($-5.46 Mil).

POET Technologies Accumulated Depreciation Historical Data

The historical data trend for POET Technologies's Accumulated Depreciation 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 Accumulated Depreciation Chart

POET Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-0.60

-1.37

-2.39

-3.63

-5.46

POET Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accumulated Depreciation	Get a 7-Day Free Trial															-4.99	-5.46	-5.96	-6.45	-6.93

POET Technologies Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

POET Technologies Accumulated Depreciation Related Terms

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POET Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » POET Technologies Inc (NAS:POET) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

RI4A:Germany 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 is a design and development company offering high-speed optical engines, light source products, and custom optical modules to the artificial intelligence systems market and hyperscale data centers. Its integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. POET's Optical Interposer platform also solves device integration challenges across a broad range of communication, computing, and sensing applications. The group's operations are located in Allentown, PA, Shenzhen, China, and Singapore.