From the Midas Letter interview:

"James West: Okay. So what’s the revenue model for POET and then when do you anticipate profitability for the company?

Peter Copetti: Well, our revenue model was based on licensing our Process IP. We expect the initial NRE revenues could start as early as late this year in early 2015. After that, you’re talking about revenues from foundries and revenues from foundries and finally end device revenues. We’re under NDA with a number of major firms right now in discussions. So I would hesitate to sort of spell that out on this, it could act against us if you know what I mean in terms of our negotiations."