Poet Technologies (POET) Beginning Cash Balance (2014 - 2024)

Poet Technologies (POET) has 11 years of Beginning Cash Balance data on file, last reported at $3.0 million in Q1 2024.

• Quarterly Beginning Cash Balance fell 67.29% year-over-year to $3.0 million in Q1 2024, while the trailing twelve-month figure through Sep 2024 was $3.0 million (down 67.29% YoY) and the FY2017 annual result came in at $14.4 million, changed 0.23% from the prior year.
• Beginning Cash Balance retreated to $3.0 million in Q1 2024, from $9.2 million in the prior quarter.
• In the past five years, Beginning Cash Balance ranged from a high of $14.9 million in Q1 2022 to a low of $1.4 million in Q1 2020.
• A 5-year average of $7.1 million and a median of $6.9 million in 2021 frame the typical range for Beginning Cash Balance.
• Annual changes were most pronounced in 2021 — Beginning Cash Balance surged 381.25% — and 2024, when it plunged 67.29%.
• Tracing POET's Beginning Cash Balance over 5 years: stood at $1.4 million in 2020, then jumped by 381.25% to $6.9 million in 2021, then surged by 117.4% to $14.9 million in 2022, then tumbled by 38.23% to $9.2 million in 2023, then sank by 67.29% to $3.0 million in 2024.
• The last three Beginning Cash Balance figures came in at $3.0 million (Q1 2024), $9.2 million (Q1 2023), and $14.9 million (Q1 2022), per Business Quant data.