POET on Nasdaq
POET Technologies
Logo: poet-technologies.com3
American semiconductors and related devices company based in Storrs-Mansfield. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerPOET on Nasdaq1
- IndustrySemiconductors & Related Devices1
- HeadquartersStorrs-Mansfield1
- Websitewww.poet-technologies.com
- Incorporated inOntario, Canada5
- Business address120 Eglinton Avenue East, Suite 1107, Toronto, Ontario, A6 M4P 1E25
- Filer categoryAccelerated filer5
- Legal formCorporation
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Ltd. and Keezic Resources Ltd., to continue as one company under the name Tandem Resources Ltd. under the British Columbia Company Act.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development42¢$18.1M
- Selling, general and admin58¢$25.1M
- Interest0¢$144.0K
Out of $1.1M in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue (Note 21) | $1.1M | $41.4K | $465.8K |
| Selling, marketing and administration (Note 20) | $25.1M | $18.8M | $10.8M |
| Research and development (Note 20) | $18.1M | $11.3M | $10.1M |
| Operating expenses | $43.2M | $30.1M | $20.9M |
| Operating loss before the following | -$42.1M | -$30.1M | -$20.4M |
| Loss on acquisition of 24.8% of SPX (Note 5) | -$6.9M | ||
| Interest expense (Note 8) | -$144.0K | -$102.7K | -$70.2K |
| Other income, including interest | $4.6M | $948.0K | $235.0K |
| Forgiveness of Covid-19 government support loans (Note 23) | $7.3K | ||
| Gain on contribution of intellectual property to joint venture (Note 5) | $1.0M | ||
| Share of loss in joint venture (Note 5) | -$1.0M | ||
| Fair value adjustment to derivative warrant liability (Note 10 and 11(b)) | -$25.3M | -$20.6M | -$24.9K |
| Net loss | -$63.0M | -$56.7M | -$20.3M |
| Adjustment due to change in functional currency | $36.9M | ||
| Basic net loss per share (Note 14) | -$0.68 | -$0.94 | -$0.51 |
| Diluted net loss per share (Note 14) | -$0.68 | -$0.94 | -$0.51 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $40.0M | $37.1M | $3.0M | $9.2M |
| Short-term investments (Note 2) | $273.4M | $16.7M | ||
| Accounts receivable (Notes 3) | $7.3K | |||
| Prepaids and other current assets (Note 4) | $1.1M | $1.7M | $150.7K | |
| Total current assets | $314.5M | $55.5M | $3.2M | |
| Long term deposit (Note 15) | $208.1K | $107.9K | ||
| Property and equipment (Note 6) | $12.2M | $12.8M | $4.6M | |
| Patents and licenses (Note 7) | $556.4K | $606.7K | $502.1K | |
| Right of use asset (Note 8) | $1.1M | $698.1K | $482.4K | |
| Total assets | $328.6M | $69.7M | $8.8M | |
| Accounts payable and accrued liabilities (Note 9) | $1.6M | $6.0M | $2.3M | |
| Convertible debt (Note 5) | $5.8M | $6.5M | ||
| Lease liability (Note 8) | $236.3K | $115.8K | $204.9K | |
| Derivative warrant liability (Note 10 and 11(b)) | $135.6M | $35.8M | $1.0M | |
| Contract liabilities (Note 3) | $445.8K | |||
| Covid-19 government support loans (Note 23) | $30.2K | |||
| Total current liabilities | $143.8M | $48.3M | $3.5M | |
| Non-current lease liability (Note 8) | $1.0M | $626.6K | $307.1K | |
| Total liabilities | $144.8M | $49.0M | $3.8M | |
| Share capital (Note 11(b)) | $443.1M | $223.7M | $165.7M | $151.2M |
| Warrants and compensation options (Note 12) | $30.6M | $11.2M | $670.1K | |
| Contributed surplus (Note 13) | $9.3M | $58.7M | $55.4M | |
| Accumulated other comprehensive loss | -$2.1M | -$1.9M | -$2.6M | |
| Deficit | -$297.1M | -$271.0M | -$214.3M | -$194.0M |
| Total shareholders equity | $183.8M | $20.7M | $4.9M | |
| Total shareholders equity and liabilities | $328.6M | $69.7M | $8.8M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $40.0M | $37.1M | $3.0M | $9.2M |
| Short-term investments (Note 2) | $273.4M | $16.7M | ||
| Accounts receivable (Notes 3) | $7.3K | |||
| Prepaids and other current assets (Note 4) | $1.1M | $1.7M | $150.7K | |
| Total current assets | $314.5M | $55.5M | $3.2M | |
| Long term deposit (Note 15) | $208.1K | $107.9K | ||
| Property and equipment (Note 6) | $12.2M | $12.8M | $4.6M | |
| Patents and licenses (Note 7) | $556.4K | $606.7K | $502.1K | |
| Right of use asset (Note 8) | $1.1M | $698.1K | $482.4K | |
| Total assets | $328.6M | $69.7M | $8.8M | |
| Accounts payable and accrued liabilities (Note 9) | $1.6M | $6.0M | $2.3M | |
| Convertible debt (Note 5) | $5.8M | $6.5M | ||
| Lease liability (Note 8) | $236.3K | $115.8K | $204.9K | |
| Derivative warrant liability (Note 10 and 11(b)) | $135.6M | $35.8M | $1.0M | |
| Contract liabilities (Note 3) | $445.8K | |||
| Covid-19 government support loans (Note 23) | $30.2K | |||
| Total current liabilities | $143.8M | $48.3M | $3.5M | |
| Non-current lease liability (Note 8) | $1.0M | $626.6K | $307.1K | |
| Total liabilities | $144.8M | $49.0M | $3.8M | |
| Share capital (Note 11(b)) | $443.1M | $223.7M | $165.7M | $151.2M |
| Warrants and compensation options (Note 12) | $30.6M | $11.2M | $670.1K | |
| Contributed surplus (Note 13) | $9.3M | $58.7M | $55.4M | |
| Accumulated other comprehensive loss | -$2.1M | -$1.9M | -$2.6M | |
| Deficit | -$297.1M | -$271.0M | -$214.3M | -$194.0M |
| Total shareholders equity | $183.8M | $20.7M | $4.9M | |
| Total shareholders equity and liabilities | $328.6M | $69.7M | $8.8M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$63.0M | -$56.7M | -$20.3M |
| Depreciation of property and equipment (Note 6) | $3.0M | $1.7M | $1.7M |
| Amortization of patents and licenses (Note 7) | $96.9K | $92.3K | $87.8K |
| Amortization of right of use asset (Note 8) | $233.9K | $214.2K | $180.6K |
| Fair value adjustment to derivative warrant liability (Note 10) | $25.3M | $20.6M | $24.9K |
| Non-cash interest (Notes 8) | $144.0K | $90.0K | $53.6K |
| Stock-based compensation (Note 13) | $6.1M | $5.5M | $4.2M |
| Non-cash operating costs | $399.2K | -$18.8K | |
| Loss on acquisition of 24.8% of SPX | $6.9M | ||
| Gain on contribution of intellectual property to joint venture (Note 5) | -$1.0M | ||
| Share of loss in joint venture (Note 5) | $1.0M | ||
| Forgiveness of covid-19 government support loans (Note 23) | -$7.3K | ||
| Total adjustments to reconcile profit (loss) | -$27.7M | -$21.7M | -$14.1M |
| Accounts receivable | $7.3K | -$7.3K | $62.0K |
| Prepaid and other current assets | $630.2K | -$1.7M | $126.9K |
| Accounts payable and accrued liabilities | -$4.4M | $34.1K | -$1.3M |
| Contract liabilities | $438.9K | -$274.2K | |
| Cash flows from operating activities | -$31.1M | -$23.3M | -$15.4M |
| Purchase of short-term investments (Note 2) | -$271.6M | -$26.4M | |
| Proceeds from the sale of short-term investments (Note 2) | $14.9M | $9.7M | |
| Purchase of property and equipment (Note 6) | -$2.3M | -$6.8M | -$1.2M |
| Purchase of patents and licenses (Note 7) | -$46.5K | -$197.0K | -$79.1K |
| Long term deposit (Note 15) | -$93.5K | -$107.9K | |
| Cash received on acquisition of remaining portion of SPX (Note 5) | $97.8K | ||
| Cash flows from investing activities | -$259.2M | -$23.7M | -$1.2M |
| Issue of common shares for cash, net of issue costs (Note 11) | $293.2M | $82.2M | $10.4M |
| Payment of lease liability (Note 8) | -$223.4K | -$256.0K | -$252.1K |
| Repayment of covid-19 government support loans (Note 23) | -$21.9K | ||
| Repayment of convertible debt (Note 5) | -$700.0K | ||
| Cash flows from financing activities | $292.3M | $81.9M | $10.2M |
| Effect of exchange rate on cash | $745.3K | -$820.8K | $248.2K |
| Net change in cash and cash equivalents | $2.8M | $34.1M | -$6.2M |
| Purchase of property and equipment financed through accounts payable | $3.4M |
No quarter-by-quarter statement was filed.
Leadership
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorDr. Suresh Venkatesan named Feb 8, 202413
- Executive OfficerKevin Barnes named Feb 8, 202413
- Executive OfficerMo Jinyu named Feb 8, 202413
- Executive OfficerRaju Kankipati named Feb 8, 202413
- Executive OfficerThomas Mika named Feb 8, 202413
- Executive OfficerVivek Rajgarhia named Feb 8, 202413
- Executive OfficerYong Meng Lee named Feb 8, 202413
- DirectorChris Tsiofas named Feb 8, 202413
- DirectorGlen Riley named Feb 8, 202413
- DirectorJean-Louis Malinge named Feb 8, 202413
- DirectorMichal Lipson named Feb 8, 202413
- DirectorPeter Charbonneau named Feb 8, 202413
- DirectorTheresa Lan Ende named Feb 8, 202413
Subsidiaries and ownership
Subsidiaries
From Wikidata.1
Former names
- OPEL INTERNATIONAL INCApr 23, 2008 to Apr 23, 20085
Timeline
Filings
247 filings to the SEC since October 2021: 5 annual reports, 19 large holders, 1 private raises, 222 other. The latest 20:
- Sep 8, 2026SCHEDULE 13G/A EDGAR
- Sep 4, 20266-K EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 20266-K EDGAR
- Aug 13, 20266-K EDGAR
- Aug 13, 2026SCHEDULE 13G EDGAR
- Aug 3, 20266-K EDGAR
- Jul 8, 2026SCHEDULE 13G EDGAR
- Jun 30, 20266-K EDGAR
- Jun 22, 2026SCHEDULE 13G EDGAR
- May 20, 2026SCHEDULE 13G/A EDGAR
- May 19, 2026SCHEDULE 13G EDGAR
- May 18, 20266-K EDGAR
- May 18, 2026424B5 EDGAR
- May 18, 20266-K EDGAR
- May 15, 2026FWP EDGAR
- May 15, 20266-K EDGAR
- May 15, 20266-K EDGAR
The 247 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GROUP ONE TRADING LLCSCHEDULE 13G/A, 2 filings Aug 13, 2026 to Sep 8, 202614
- MMCAP International Inc. SPCSCHEDULE 13G/A, 12 filings May 8, 2024 to Aug 14, 202615
- SUSQUEHANNA SECURITIES, LLCSCHEDULE 13G, 1 filing Aug 14, 202616
- JANE STREET GROUP, LLCSCHEDULE 13G/A, 2 filings Jun 22, 2026 to Aug 13, 202617
- Citadel Securities GP LLCSCHEDULE 13G, 1 filing Jul 8, 202618
- Marex Securities Products Inc.SCHEDULE 13G, 1 filing May 19, 202619
Money raised
Private offerings the company reported to the SEC on Form D.
- Jan 24, 2024Raised $4.6 million in a private offering of equity Form D: 72 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| CloudAlpha Capital Management Limited/Hong Kong | 3,860,024 | $39.7M | 3.9% | New |
| Renaissance Technologies LLC | 3,469,500 | $35.7M | 0.0% | New |
| IMC-Chicago, LLC | 2,705,352 | $27.8M | 0.3% | +2,610,705 |
| Goldman Sachs Group Inc | 2,308,672 | $23.7M | 0.0% | +2,219,700 |
| Arrowstreet Capital, Limited Partnership | 1,683,132 | $17.3M | 0.0% | +1,663,350 |
| Elequin Capital, LP | 1,642,105 | $16.9M | 2.2% | New |
| National Bank Of Canada /fi/ | 1,496,010 | $15.4M | 0.0% | +1,197,715 |
| Morgan Stanley | 1,360,271 | $14.0M | 0.0% | −3,626 |
| Trexquant Investment LP | 1,264,402 | $13.0M | 0.1% | +679,712 |
| Citadel Advisors LLC | 1,066,398 | $11.0M | 0.0% | −1,463,436 |
| Cantor Fitzgerald, L. P. | 1,062,360 | $10.9M | 0.1% | New |
| Clear Street Group Inc. | 982,265 | $10.1M | 0.0% | New |
| Jane Street Group, LLC | 800,477 | $8.2M | 0.0% | +710,392 |
| Nomura Holdings Inc | 734,165 | $7.5M | 0.0% | New |
| Bank Of Montreal /can/ | 665,850 | $6.8M | 0.0% | +654,669 |
| UBS Group AG | 598,946 | $6.2M | 0.0% | +479,473 |
| Tairen Capital Ltd | 540,000 | $5.6M | 0.5% | New |
| Susquehanna International Group, Llp | 464,407 | $4.8M | 0.0% | +386,111 |
| Federation des caisses Desjardins du Quebec | 413,448 | $4.3M | 0.0% | −214,542 |
| Paragon Capital Management Ltd | 371,220 | $3.8M | 0.7% | −100,500 |
| Palisades Investment Partners, LLC | 347,540 | $3.6M | 1.0% | New |
| LPL Financial LLC | 306,169 | $3.1M | 0.0% | −8,855 |
| XTX Topco Ltd | 289,718 | $3.0M | 0.0% | +150,174 |
| Tuttle Capital Management, LLC | 280,644 | $2.9M | 1.9% | New |
| Citigroup Inc | 276,374 | $2.8M | 0.0% | +253,017 |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitewww.poet-technologies.com1
- WikidataQ30298339
- SEC EDGARCIK 1437424
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPOET Technologies on Wikidata
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- 3Company websitePOET Technologies logo
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