POET Technologies (POET)

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POET Technologies Partners with NTT Innovative Devices on Next Gen Connectivity Solutions to Support AI Mobile Networking
Globenewswire· 2025-08-29 11:30
SAN JOSE, Calif., Aug. 29, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, today announced it has partnered with NTT Innovative Devices Corporation, a subsidiary of Japan’s leading telecom company, to develop advanced optical engines to power next generation networks capable of supporting widespread use of artificial intelligence app ...
POET Technologies to Proceed with Voluntary Delisting from TSXV
Globenewswire· 2025-08-25 12:30
No change to Nasdaq listing; common shares continue to be listed under symbol "POET"TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that it will shortly be proceeding with the previously-announced voluntary delisting of its com ...
POET Technologies: A Risky Bet That Might Be Waking Up
Seeking Alpha· 2025-08-21 15:23
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
POET Technologies: Revenue Inflection Still On Track, But A Takeover Could Change Its Landscape
Seeking Alpha· 2025-08-21 14:54
POET Technologies Inc. (NASDAQ: POET ) is a name that I have been extremely bullish on this year as the company is on the cusp of generating its first meaningful revenue. Since my last coverage on the stock, POET's shares Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...
POET Technologies (POET) - 2025 Q2 - Quarterly Report
2025-08-12 00:22
Exhibit 99.1 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS For the Three and Six Months Ended June 30, 2025 (Unaudited and Expressed in US Dollars) POET TECHNOLOGIES INC. The accompanying notes are an integral part of these condensed interim consolidated financial statements. Page 1 POET TECHNOLOGIES INC. CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Expressed in US Dollars) (Unaudited) | | | June 30, | | December 31, | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | Assets ...
POET Technologies Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-11 21:00
Core Viewpoint - POET Technologies Inc. reported significant advancements in its operations and financial results for Q2 2025, highlighting progress in manufacturing capabilities and customer engagements, alongside a notable increase in revenue from non-recurring engineering services [1][3][5]. Financial Performance - The company reported non-recurring engineering and product revenue of $268,469 in Q2 2025, compared to nil in Q2 2024 and $166,760 in Q1 2025 [5]. - A net loss of $17.3 million, or $0.21 per share, was recorded in Q2 2025, an increase from a net loss of $8.0 million, or $0.14 per share, in Q2 2024, and a net income of $6.3 million, or $0.08 per share, in Q1 2025 [6]. - The largest component of the loss was a non-cash loss of $7.5 million related to the fair value adjustment of derivative warrant liability [7]. - Cash flow from operating activities was ($7.7) million in Q2 2025, compared to ($4.5) million in Q2 2024 and ($8.9) million in Q1 2025 [10]. Business Developments - The company has engaged with NationGate Solutions in Malaysia to expand manufacturing capabilities for light source products [2]. - A new customer, Lessengers from Korea, has committed to developing a module using POET's 800G optical engines [3]. - The company successfully completed a $30 million private placement, marking the largest single financing in its history [3]. - POET was awarded the "AI Hardware Innovation Award" at the 8th annual AI Breakthrough Awards, marking the sixth notable award in the past year [8]. Operational Highlights - All equipment for volume production of optical engines at Globetronics is now installed and operational [2]. - The company reported fluctuations in research and development costs, with $3.2 million in Q2 2025 compared to $2.1 million in Q2 2024 and $4.4 million in Q1 2025 [6]. - Non-cash expenses included stock-based compensation of $1.2 million and depreciation and amortization of $0.8 million in Q2 2025 [8]. Summary of Financial Performance - A summary of operations over the five quarters ending June 30, 2025, shows a consistent increase in revenue and variations in net loss, with Q2 2025 reflecting a significant loss compared to previous quarters [11][13].
POET Technologies Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-08-11 21:00
Core Viewpoint - POET Technologies Inc. has made significant progress in preparing for volume production of optical engines and expanding manufacturing capabilities, while also achieving notable financial milestones in the second quarter of 2025 [2][3]. Financial Performance - The company reported non-recurring engineering (NRE) and product revenue of $268,469 in Q2 2025, a substantial increase from nil in Q2 2024 and $166,760 in Q1 2025 [5]. - A net loss of $17.3 million, or $0.21 per share, was recorded in Q2 2025, compared to a net loss of $8.0 million, or $0.14 per share, in Q2 2024, and a net income of $6.3 million, or $0.08 per share, in Q1 2025 [6]. - The largest component of the loss was a non-cash loss of $7.5 million related to the fair value adjustment of derivative warrant liability in Q2 2025, compared to a loss of $1.4 million in Q2 2024 [7]. - Cash flow from operating activities was ($7.7) million in Q2 2025, worsening from ($4.5) million in Q2 2024 [10]. Business Developments - The company has engaged with NationGate Solutions in Malaysia to enhance manufacturing capabilities for light source products [2]. - A new customer, Lessengers from Korea, has committed to developing a module using POET's 800G optical engines [3]. - POET successfully completed a $30 million private placement, marking the largest single financing in its history [3]. - The company was awarded the "AI Hardware Innovation Award" at the 8th annual AI Breakthrough Awards, adding to its recognition in the industry [8]. Summary of Financial Operations - A summary of operations over the five quarters ending June 30, 2025, shows a consistent increase in revenue and fluctuations in research and development costs, reflecting the company's transition from technology to product development [11][12].
POET Technologies: Ready For A Fortuitous Next 12 Months
Seeking Alpha· 2025-07-21 09:47
Core Insights - POET Technologies Inc. has seen a stock price increase of 49.29% from an entry price of $4.20 per share to $6.27 per share [1] Company Overview - The company is positioned as a GARP-themed investment, focusing on aggressive growth prospects with the potential for high profitability within 1-2 years [1] - The investment philosophy of the associated analyst emphasizes long-term discipline and consistent alpha generation, while also acknowledging the presence of risk [1] Analyst's Position - The analyst has a beneficial long position in POET shares, indicating confidence in the company's future performance [1]
POET Technologies Completes Previously Announced US$25M Non-brokered Public Offering
Globenewswire· 2025-07-17 16:02
Core Viewpoint - POET Technologies Inc. has successfully completed a non-brokered public offering of 5,000,000 units at a price of US$5.00 per unit, raising a total of US$25,000,000 for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant exercisable at C$8.16 for five years [1]. - The offering was fully subscribed by accredited institutional investors and was completed under a prospectus supplement filed with Canadian and U.S. regulatory authorities [3]. Group 2: Company Overview - POET Technologies specializes in high-speed optical engines and light source products for artificial intelligence systems and hyperscale data centers, utilizing its patented POET Optical Interposer™ technology [5]. - The company's products are designed to be lower cost, consume less power, and are scalable for high production volumes, addressing bandwidth and latency challenges in AI systems [5].
POET Technologies: The Rare Confluence Of Fundamentals And Technicals
Seeking Alpha· 2025-07-11 12:33
Core Viewpoint - POET Technologies Inc. (NASDAQ: POET) is positioned to start generating significant revenues due to its advancing technology, which presents a strong investment opportunity [1]. Company Analysis - The company has been initiated with a strong buy rating, indicating confidence in its future performance and revenue generation capabilities [1]. - The analyst's background in financial markets and institutions supports a thorough analysis of POET Technologies, focusing on financial statements and market trends [1]. Industry Context - The technology sector, particularly in mid and small-cap companies, is highlighted as a space where undervalued investment opportunities can be found [1].