Lightbridge(LTBR)

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Lightbridge Expects to Benefit from Advanced Expedited Testing Method in its Planned Irradiation Testing in the Advanced Test Reactor
GlobeNewswire News Room· 2025-06-03 12:00
RESTON, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, today announced it expects to benefit from a groundbreaking testing method developed by Idaho National Laboratory (INL), known as the Fission Accelerated Steady-state Test (FAST). This pioneering method utilizes increased enrichment levels to expedite the irradiation testing of fuel samples in the Advanced Test Reactor (ATR). Use of Highly Enriched Uranium (HEU) in private sec ...
Lightbridge Completes Final Experiment Design for Designated ATR Core Position
GlobeNewswire· 2025-06-02 12:00
RESTON, Va., June 02, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, today announced the completion of the final design review for its upcoming irradiation experiment, marking a critical step toward advancing its next-generation Lightbridge Fuel™ product. The design review, a required approval before proceeding with the experiment, is a significant milestone in the ongoing collaboration between Lightbridge and the Idaho National Laboratory (INL ...
Lightbridge Set to Join Russell 2000® and 3000® Indexes
GlobeNewswire· 2025-05-27 15:00
RESTON, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, has been added as a member of the broad-market Russell 3000® Index and the small-cap Russell 2000® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitali ...
Lightbridge Outlines Opportunities Created by President Trump's Nuclear Executive Orders
GlobeNewswire· 2025-05-27 12:00
RESTON, Va, May 27, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced how President Trump's recent nuclear energy Executive Orders (the “Executive Orders”) create opportunities for the company's advanced fuel technology and business strategy. On May 23, 2025, President Trump signed four Executive Orders representing the most significant policy shift toward nuclear energy in decades. These executive o ...
Lightbridge(LTBR) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:02
Lightbridge (LTBR) Q1 2025 Earnings Call May 12, 2025 04:00 PM ET Company Participants Matthew Abenante - Director of Investor RelationsSeth Grae - President, CEO & Executive DirectorAndrey Mushakov - Executive Vice President of Nuclear OperationsLarry Goldman - CFOSherrie Holloway - Controller Operator Hello. Thank you for standing by, and welcome to the Lightbridge Corporation Business Update and First Quarter twenty twenty five Conference Call. Please note that today's call is being recorded. It is now m ...
Lightbridge(LTBR) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:02
Lightbridge (LTBR) Q1 2025 Earnings Call May 12, 2025 04:00 PM ET Company Participants Matthew Abenante - Director of Investor RelationsSeth Grae - President, CEO & Executive DirectorAndrey Mushakov - Executive Vice President of Nuclear OperationsLarry Goldman - CFOSherrie Holloway - Controller Operator Hello. Thank you for standing by, and welcome to the Lightbridge Corporation Business Update and First Quarter twenty twenty five Conference Call. Please note that today's call is being recorded. It is now m ...
Lightbridge(LTBR) - 2025 Q1 - Earnings Call Transcript
2025-05-12 21:00
Lightbridge (LTBR) Q1 2025 Earnings Call May 12, 2025 04:00 PM ET Speaker0 Hello. Thank you for standing by, and welcome to the Lightbridge Corporation Business Update and First Quarter twenty twenty five Conference Call. Please note that today's call is being recorded. It is now my pleasure to introduce Matthew Abenaki, Director of Investor Relations for Lightbridge Corporation. You may begin. Speaker1 Thank you, Towanda, and thanks to all of you for joining us today. Our earnings press release was distrib ...
Lightbridge(LTBR) - 2025 Q1 - Quarterly Report
2025-05-12 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-34487 LIGHTBRIDGE CORPORATION (Exact name of registrant as specified in its charter) For the quarterly period ended: March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Nevada 91-197565 ...
Lightbridge(LTBR) - 2025 Q1 - Quarterly Results
2025-05-12 13:00
Financial Performance - Net loss for the first quarter of 2025 was $4.8 million, compared to a net loss of $2.8 million for the same period in 2024[15] - Cash used in operating activities was $3.3 million for Q1 2025, an increase of $1.4 million compared to $1.9 million in Q1 2024[7] - General and administrative expenses amounted to $3.5 million for Q1 2025, compared to $2.2 million in Q1 2024[6] Assets and Liabilities - Total assets were $58.3 million, while total liabilities were $1.0 million at March 31, 2025[5] - Working capital increased to $56.5 million as of March 31, 2025, up from $39.9 million at December 31, 2024[3] - Cash and cash equivalents rose to $56.9 million, reflecting an increase of $16.9 million compared to $40.0 million at December 31, 2024[4] Research and Development - Research and development expenses increased to $1.7 million for Q1 2025, up from $1.0 million in Q1 2024, primarily due to higher project labor costs[15] Financing Activities - Cash provided by financing activities surged to $20.2 million in Q1 2025, compared to $1.2 million in Q1 2024, mainly due to net proceeds from common stock issuance[7] Strategic Initiatives - Lightbridge Corporation is positioned to support the U.S. goal of tripling nuclear power capacity globally by 2050, potentially increasing nuclear's share of U.S. electricity from 19% to over 50%[2] - The company has established a memorandum of understanding with Oklo to explore synergies in fuel fabrication and recycling of spent uranium-zirconium fuel[2]
Lightbridge to Hold Business Update & First Quarter 2025 Earnings Conference Call on Monday, May 12 at 4 p.m. ET
GlobeNewswire· 2025-04-29 20:05
RESTON, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, will announce its financial results for the first quarter of fiscal year 2025 on Monday, May 12 before the market opens. Lightbridge will host a conference call later that day at 4:00 p.m. ET with the investment community to discuss the Company’s financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO ...