PATENTS AND LICENSES (Tables)

12 Months Ended

Dec. 31, 2021

SCHEDULE OF PATENTS AND LICENSES

Cost
Balance, January 1, 2019	$	737,686
Additions		77,037
Disposals (1)		(29,696	)
Balance, December 31, 2019		785,027
Additions		52,075
Balance, December 31, 2020		837,102
Additions		159,359
Balance, December 31, 2021		996,461
Accumulated Amortization
Balance, January 1, 2019		270,972
Amortization		61,671
Balance, December 31, 2019		332,643
Amortization		65,782
Balance, December 31, 2020		398,425
Amortization		69,560
Balance, December 31, 2021		467,985

POET TECHNOLOGIES INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in US Dollars)

7. PATENTS AND LICENSES (Continued)

Carrying Amounts

At December 31, 2019	$	452,384
At December 31, 2020	$	438,677
At December 31, 2021	$	528,476

(1) On November 8, 2019, the Company disposed of certain patents unrelated to the Company’s technology on the sale of DenseLight.