RESTON, Va., April 28, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Seth Grae, Lightbridge President and Chief Executive Officer, was interviewed earlier today on Schwab Network’s “Morning Trade Live,” with Nicole Petallides. The interview covered the growing importance of nuclear energy in meeting global power demands and Lightbridge's innovative fuel technology. During the interview, Mr. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Commission file number: 001-34487 LIGHTBRIDGE CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1975651 (State or other jurisdiction of incorporation or organization) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ...

Lightbridge Corporation (NASDAQ:LTBR) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Matthew Abenante - Director of Investor Relations Seth Grae - Chief Executive Officer Andrey Mushakov - Executive Vice President, Nuclear Operations Scott Holcombe - Vice President, Engineering Larry Goldman - Chief Financial Officer Sherrie Holloway - Controller Conference Call Participants Operator Thank you for standing by, and welcome to the Lightbridge Corporation business update an ...

Financial Performance - Lightbridge Corporation reported a net loss of $11.8 million for the fiscal year ended December 31, 2024, compared to a net loss of $7.9 million for the previous year, representing a 49% increase in losses[8]. - The net loss for the year ended December 31, 2024, was $11,787,066, compared to a net loss of $7,908,646 in 2023, representing an increase in losses of approximately 49%[24]. - Net cash used in operating activities increased to $9,493,696 in 2024 from $6,484,733 in 2023, reflecting a rise of about 46%[24]. Cash and Liquidity - Cash and cash equivalents increased to $40.0 million at December 31, 2024, up from $28.6 million at the end of 2023, marking an increase of $11.4 million[4]. - Cash and cash equivalents at the end of 2024 were $39,990,827, up from $28,598,445 at the end of 2023, indicating an increase of about 40%[24]. - Working capital improved to $39.9 million at December 31, 2024, compared to $28.3 million at the end of 2023, indicating a 41% increase[3]. Research and Development - Research and development expenses rose to $4.6 million in 2024, compared to $1.9 million in 2023, reflecting a 142% increase due to heightened R&D activities related to Lightbridge Fuel™[11]. - Lightbridge anticipates investing approximately $17 million in capital and operating expenditures for R&D in 2025[11]. - The company successfully co-extruded a sample of depleted uranium and zirconium alloy with nuclear-grade zirconium cladding, demonstrating advancements in its fuel technology[2]. - Lightbridge Fuel™ is designed to enhance heat transfer capabilities, resulting in lower operating temperatures and improved economic and safety benefits for reactors[2]. Equity and Liabilities - The company reported total assets of $41.0 million and total liabilities of $0.4 million at December 31, 2024[11]. - Lightbridge's stockholders' equity increased to $40.5 million at December 31, 2024, compared to $28.9 million at the end of 2023, reflecting a 40% increase[11]. Financing Activities - The company raised $21,412,505 from the issuance of common stock in 2024, significantly higher than the $6,405,431 raised in 2023, marking an increase of approximately 234%[24]. - The net cash provided by financing activities was $20,886,078 in 2024, compared to $6,183,821 in 2023, indicating an increase of about 237%[24]. - The company made a non-cash financing activity payment of accrued liabilities with common stock amounting to $255,000 in 2024, compared to $215,000 in 2023[24]. Expenses - General and administrative expenses increased to $8.5 million in 2024, up from $7.1 million in 2023, a rise of 19.0% primarily due to higher employee compensation and consulting fees[11]. - The company reported stock-based compensation of $2,038,231 in 2024, compared to $1,257,717 in 2023, which is an increase of approximately 62%[24]. - Payments for taxes related to net share settlement of equity awards were $568,348 in 2024, up from $221,610 in 2023, reflecting an increase of about 157%[24]. - The common stock issued for services increased to $110,806 in 2024 from $45,000 in 2023, representing an increase of approximately 146%[24]. - The company reported a decrease in accounts payable and accrued liabilities, which amounted to $193,259 in 2024, down from $350,995 in 2023, a decrease of approximately 45%[24].

RESTON, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the fiscal year ended December 31, 2024, and provided an update on the Company’s continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “We believe 2024 was a transformative year for the nuclear industry as we saw unprecedented momentum in the adoption and dev ...

RESTON, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, will announce its financial results for the fiscal year 2024 on Wednesday, February 26 after the market closes. Lightbridge will host a conference call on Thursday, February 27, at 10:00 a.m. ET with the investment community to discuss the Company’s financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUD ...

Core Viewpoint - Lightbridge Corporation has achieved a significant milestone in advanced nuclear fuel technology by successfully demonstrating a co-extrusion process for a uranium-zirconium alloy at Idaho National Laboratory, moving closer to the commercialization of its Lightbridge Fuel™ product designed to enhance reactor safety and performance [1][2][8] Group 1: Co-Extrusion Process - The co-extrusion demonstration involved pressing a metallic alloy billet encased in zirconium alloy cladding to produce an 8-foot cylindrical rod [3][6] - This process represents a key fabrication milestone under a Strategic Partnership Project Agreement with Battelle Energy Alliance LLC, the U.S. Department of Energy's contractor for INL [5][11] - The uranium-zirconium alloy used in the demonstration is the same composition planned for future commercial Lightbridge Fuel™ products [6] Group 2: Future Development and Testing - Lightbridge and INL will analyze the co-extruded sample to confirm extrusion process parameters, paving the way for future production using enriched uranium [7] - Planned capsule irradiation testing in INL's Advanced Test Reactor aims to generate critical performance data for Lightbridge's advanced fuel and support regulatory licensing efforts [7] - The successful demonstration is seen as a testament to the collaboration and innovation driving the advancement of Lightbridge Fuel, with a focus on enhancing safety, efficiency, and performance [8][10] Group 3: Company Background and Goals - Lightbridge Corporation is focused on developing advanced nuclear fuel technology essential for delivering clean energy and energy security [10] - The company is developing Lightbridge Fuel™ for existing light water reactors and new small modular reactors (SMRs), aiming to enhance reactor safety and economics [10][11] - Lightbridge has entered into long-term agreements with Battelle Energy Alliance and has received support from the DOE's Gateway for Accelerated Innovation in Nuclear program [11]

RESTON, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge" or the "Company") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced that President and CEO Seth Grae will serve as a moderator and panelist at two major nuclear industry events in February. Mr. Grae will participate in the Nuclear Energy Institute's Nuclear Financing Summit on February 11-12, 2025, in New York City, NY. He will serve as a panelist in the "Strategic Partnerships for Nuclear Success ...

Lightbirdge (NASDAQ: LTBR ) is a company focused on developing the next generation of uranium fuel rods. Its patented technology offers superior performance and enhanced security features that could benefit both current and next-generation reactors. We believe the stock is veryAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ...

RESTON, Va., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced the signing of a Memorandum of Understanding (“MOU”) with Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear power and fuel recycling company. The MOU outlines plans to conduct a feasibility study for co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility at Oklo’s proposed commercial fuel fabrication facility and to explore oppor ...