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Side-by-side financial comparison of Comstock Inc. (LODE) and POET TECHNOLOGIES INC. (POET). Click either name above to swap in a different company.

Comstock Inc. is the larger business by last-quarter revenue ($374.4K vs $298.4K, roughly 1.3× POET TECHNOLOGIES INC.). POET TECHNOLOGIES INC. runs the higher net margin — -3139.6% vs -3568.2%, a 428.5% gap on every dollar of revenue. Over the past eight quarters, POET TECHNOLOGIES INC.'s revenue compounded faster (13.2% CAGR vs -8.6%).

The Comstock Lode is a lode of silver ore located under the eastern slope of Mount Davidson, a peak in the Virginia Range in Virginia City, Nevada, which was the first major discovery of silver ore in the United States and named after Canadian miner Henry Comstock.

POET Technologies designs and develops photonic integrated circuits based on its proprietary Optical Interposer platform. Headquartered in Toronto with operations in Singapore, the company supplies optical engines and transceivers used in AI data centers, high-speed networking, and sensing applications.

LODE vs POET — Head-to-Head

Bigger by revenue
LODE
LODE
1.3× larger
LODE
$374.4K
$298.4K
POET
Higher net margin
POET
POET
428.5% more per $
POET
-3139.6%
-3568.2%
LODE
Faster 2-yr revenue CAGR
POET
POET
Annualised
POET
13.2%
-8.6%
LODE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LODE
LODE
POET
POET
Revenue
$374.4K
$298.4K
Net Profit
$-13.4M
$-9.4M
Gross Margin
-60.7%
Operating Margin
-3533.6%
-3201.6%
Net Margin
-3568.2%
-3139.6%
Revenue YoY
-76.6%
Net Profit YoY
41.5%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LODE
LODE
POET
POET
Q4 25
$374.4K
$298.4K
Q3 25
$268.5K
Q2 25
$339.5K
$166.8K
Q1 25
$785.8K
Q4 24
$1.6M
Q3 24
$556.4K
$177.4K
Q2 24
$434.8K
Q1 24
$426.0K
Net Profit
LODE
LODE
POET
POET
Q4 25
$-13.4M
$-9.4M
Q3 25
$-17.3M
Q2 25
$-7.8M
$6.3M
Q1 25
$-9.1M
Q4 24
$-22.8M
Q3 24
$-15.0M
$-8.0M
Q2 24
$-8.6M
Q1 24
$-6.9M
Gross Margin
LODE
LODE
POET
POET
Q4 25
-60.7%
Q3 25
Q2 25
-139.7%
Q1 25
-12.9%
Q4 24
71.7%
Q3 24
Q2 24
Q1 24
Operating Margin
LODE
LODE
POET
POET
Q4 25
-3533.6%
-3201.6%
Q3 25
-3261.9%
Q2 25
-2258.0%
-5718.6%
Q1 25
-895.7%
Q4 24
-990.6%
Q3 24
-2447.0%
-3809.2%
Q2 24
-1279.4%
Q1 24
-1091.6%
Net Margin
LODE
LODE
POET
POET
Q4 25
-3568.2%
-3139.6%
Q3 25
-6430.3%
Q2 25
-2305.1%
3802.8%
Q1 25
-1157.3%
Q4 24
-1428.2%
Q3 24
-2690.2%
-4498.5%
Q2 24
-1985.5%
Q1 24
-1620.2%
EPS (diluted)
LODE
LODE
POET
POET
Q4 25
Q3 25
Q2 25
$-0.12
Q1 25
Q4 24
Q3 24
$-0.08
Q2 24
Q1 24
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LODE
LODE
POET
POET
Cash + ST InvestmentsLiquidity on hand
$17.0M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$107.6M
Total Assets
$169.6M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LODE
LODE
POET
POET
Q4 25
$17.0M
Q3 25
Q2 25
$18.6M
Q1 25
$3.9M
Q4 24
$954.3K
Q3 24
$20.3M
Q2 24
$19.0M
Q1 24
$19.4M
Total Debt
LODE
LODE
POET
POET
Q4 25
$0
Q3 25
Q2 25
$10.2M
Q1 25
$13.9M
Q4 24
$8.5M
Q3 24
$11.2M
Q2 24
$10.0M
Q1 24
$10.9M
Stockholders' Equity
LODE
LODE
POET
POET
Q4 25
$107.6M
Q3 25
Q2 25
$88.6M
Q1 25
$59.5M
Q4 24
$59.8M
Q3 24
$68.0M
Q2 24
$74.9M
Q1 24
$73.8M
Total Assets
LODE
LODE
POET
POET
Q4 25
$169.6M
Q3 25
Q2 25
$148.2M
Q1 25
$111.3M
Q4 24
$91.3M
Q3 24
$103.7M
Q2 24
$91.3M
Q1 24
$91.3M
Debt / Equity
LODE
LODE
POET
POET
Q4 25
0.00×
Q3 25
Q2 25
0.11×
Q1 25
0.23×
Q4 24
0.14×
Q3 24
0.17×
Q2 24
0.13×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LODE
LODE
POET
POET
Operating Cash FlowLast quarter
$-5.9M
$-14.6M
Free Cash FlowOCF − Capex
$-17.5M
FCF MarginFCF / Revenue
-5851.0%
Capex IntensityCapex / Revenue
958.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LODE
LODE
POET
POET
Q4 25
$-5.9M
$-14.6M
Q3 25
$-9.1M
Q2 25
$-4.8M
$-9.0M
Q1 25
$-5.0M
Q4 24
$-4.3M
Q3 24
$-3.8M
$-8.4M
Q2 24
$-2.0M
Q1 24
$-3.8M
Free Cash Flow
LODE
LODE
POET
POET
Q4 25
$-17.5M
Q3 25
$-11.0M
Q2 25
$-9.5M
Q1 25
Q4 24
Q3 24
$-8.5M
Q2 24
Q1 24
$-4.2M
FCF Margin
LODE
LODE
POET
POET
Q4 25
-5851.0%
Q3 25
-4101.6%
Q2 25
-5698.0%
Q1 25
Q4 24
Q3 24
-4802.5%
Q2 24
Q1 24
-982.9%
Capex Intensity
LODE
LODE
POET
POET
Q4 25
958.2%
Q3 25
712.3%
Q2 25
313.3%
Q1 25
Q4 24
Q3 24
68.8%
Q2 24
Q1 24
83.6%
Cash Conversion
LODE
LODE
POET
POET
Q4 25
Q3 25
Q2 25
-1.42×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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