POET Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	13.51	37.14	3.02	9.23	14.94	6.87
Short-Term Investments	79.22	16.67	-	-	6.37	-
Cash & Short-Term Investments	92.74	53.82	3.02	9.23	21.31	6.87
Cash Growth	121.95%	1682.56%	-67.29%	-56.68%	210.04%	381.25%
Accounts Receivable	0.13	0.01	-	0.06	-	-
Other Receivables	0.45	1.4	0.06	0.13	0.14	0.12
Receivables	0.58	1.41	0.06	0.19	0.14	0.12
Prepaid Expenses	0.37	0.26	0.09	0.15	0.05	0.5
Other Current Assets	-	-	-	-	0.29	-
Total Current Assets	93.69	55.48	3.17	9.57	21.79	7.49
Property, Plant & Equipment	13.35	13.46	5.11	5.31	3.39	3.71
Long-Term Investments	-	-	-	-	1.45	-
Other Intangible Assets	0.58	0.61	0.5	0.51	0.53	0.44
Other Long-Term Assets	0.22	0.11	-	-	-	-
Total Assets	107.83	69.65	8.78	15.39	27.15	11.64
Accounts Payable	1.62	5.27	1.37	2.72	0.99	1.6
Accrued Expenses	1.27	0.7	0.93	0.64	0.8	0.13
Short-Term Debt	-	-	-	-	-	3.34
Current Portion of Long-Term Debt	6.5	6.5	0.03	0.03	0.03	0.15
Current Portion of Leases	0.15	0.12	0.2	0.15	0.1	0.17
Current Unearned Revenue	0.62	-	-	0.27	-	-
Other Current Liabilities	30.6	35.75	1	-	-	-
Total Current Liabilities	40.76	48.34	3.54	3.82	1.92	5.39
Long-Term Debt	-	-	-	-	-	0.07
Long-Term Leases	0.64	0.63	0.31	0.13	0.26	0.36
Total Liabilities	41.4	48.96	3.85	3.95	2.18	5.82
Common Stock	255.15	223.74	165.71	151.21	147.73	114.59
Additional Paid-In Capital	58.98	58.72	55.45	51.02	46.95	44.41
Retained Earnings	-291.28	-270.99	-214.29	-194.02	-172.99	-157.32
Comprehensive Income & Other	43.59	9.21	-1.93	3.25	3.27	4.14
Shareholders' Equity	66.44	20.69	4.93	11.45	24.97	5.81
Total Liabilities & Equity	107.83	69.65	8.78	15.39	27.15	11.64
Total Debt	7.28	7.24	0.54	0.31	0.39	4.09
Net Cash (Debt)	85.45	46.57	2.48	8.92	20.92	2.78
Net Cash Growth	106.32%	1780.42%	-72.24%	-57.35%	652.03%	-
Net Cash Per Share	1.06	0.77	0.06	0.24	0.61	0.10
Filing Date Shares Outstanding	131.77	78.07	48.18	36.5	36.66	29.46
Total Common Shares Outstanding	91.01	76.51	42.49	37.84	36.49	29.46
Working Capital	52.93	7.15	-0.37	5.75	19.87	2.1
Book Value Per Share	0.73	0.27	0.12	0.30	0.68	0.20
Tangible Book Value	65.86	20.08	4.43	10.93	24.44	5.38
Tangible Book Value Per Share	0.72	0.26	0.10	0.29	0.67	0.18
Machinery	20.36	18.55	9.29	8.09	5.01	4.35
Leasehold Improvements	0.99	0.73	0.12	0.12	0.12	0.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.