Lightbridge(LTBR)

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Lightbridge(LTBR) - 2023 Q1 - Quarterly Report
2023-05-11 21:00
(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2023 ☐ TRANSITION 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q LIGHTBRIDGE CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-197565 ...
Lightbridge(LTBR) - 2022 Q4 - Earnings Call Transcript
2023-03-31 00:47
Financial Data and Key Metrics Changes - The company's working capital position at December 31, 2022, was $28.7 million, compared to $24.7 million at December 31, 2021 [20] - Total cash used in operating activities totaled $6.7 million, a decrease of $4.3 million in 2022 compared to 2021 [21] - Net loss for the year ended December 31, 2022, was $7.5 million, compared to $7.8 million for 2021 [32] Business Line Data and Key Metrics Changes - Total R&D expenses amounted to $0.7 million for the year ended December 31, 2022, compared to $1.4 million for the year ended December 31, 2021, a decrease of $0.7 million [32] - Total G&A expenses for the year ended December 31, 2022, were $7.5 million compared to $7.1 million for the prior year, an increase of $0.4 million [33] Market Data and Key Metrics Changes - The company highlighted a growing interest in nuclear energy, with 90 nuclear power reactors on order or being planned worldwide, and over 300 reactors at the proposal stages [28] - The recent geopolitical events, particularly Russia's invasion of Ukraine, have heightened the focus on energy security, leading to increased momentum for nuclear power [25][26] Company Strategy and Development Direction - The company is pursuing strategic partnerships, including a project agreement with the DOE and Idaho National Laboratory, to advance Lightbridge Fuel development [7][10] - The company plans to invest $6.5 million in research and development over the next 12 to 15 months to support its fuel development [30] Management's Comments on Operating Environment and Future Outlook - Management noted that accountability for achieving net-zero carbon targets is driving momentum toward more nuclear-friendly policies [25] - The company believes that nuclear power is essential for expanding the availability of clean and reliable baseload electricity without carbon emissions [18] Other Important Information - The company successfully completed a project at Pacific Northwest National Lab to demonstrate its nuclear fuel casting process using depleted uranium, a key step in manufacturing Lightbridge Fuel [9][17] - The company expects to continue seeking government funding and forming strategic alliances to support future R&D milestones [30] Q&A Session Summary - The conference call concluded without a Q&A session, as indicated by the closing remarks from the CEO [35]
Lightbridge(LTBR) - 2022 Q4 - Annual Report
2023-03-30 21:02
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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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) ...
Lightbridge(LTBR) - 2022 Q3 - Earnings Call Transcript
2022-11-01 00:35
Start Time: 16:00 January 1, 0000 4:25 PM ET Lightbridge Corporation (NASDAQ:LTBR) Q3 2022 Earnings Conference Call October 31, 2022, 16:00 PM ET Company Participants Seth Grae - President and CEO Larry Goldman - CFO Andrey Mushakov - EVP, Nuclear Operations James Fornof - VP, Program Management Sherrie Holloway - Controller Matthew Abenante - Director, IR Conference Call Participants Operator Thank you for standing by, and welcome to the Lightbridge Corporation Business Update and Third Quarter 2022 Confer ...
Lightbridge(LTBR) - 2022 Q3 - Quarterly Report
2022-10-31 21:00
For the quarterly period ended: September 30, 2022 ☐ TRANSITION 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) 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 Nevada 91-19 ...
Lightbridge(LTBR) - 2022 Q2 - Earnings Call Transcript
2022-07-28 23:41
Lightbridge Corp (NASDAQ:LTBR) Q2 2022 Earnings Conference Call July 28, 2022 4:00 PM ET Company Participants Matthew Abenante - Director, IR Seth Grae - President, CEO and Executive Director Andrey Mushakov - EVP, Nuclear Operations Lawrence Goldman - CFO, Treasurer and Corporate Secretary Sherrie Holloway - Controller James Fornof - VP, Nuclear Program Management Conference Call Participants Operator Thank you for standing by and welcome to the Lightbridge Corporation Business Update and Second Quarter 20 ...
Lightbridge(LTBR) - 2022 Q2 - Quarterly Report
2022-07-28 21:01
FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File Number: 001-34487 LIGHTBRIDGE CORPORATION (Exact name of registrant as specified in its charter) (State or other j ...
Lightbridge(LTBR) - 2022 Q1 - Earnings Call Transcript
2022-05-12 23:51
Lightbridge Corp (NASDAQ:LTBR) Q1 2022 Earnings Conference Call May 12, 2022 4:00 PM ET Company Participants Matthew Abenante - Director, IR Seth Grae - President, CEO & Executive Director Andrey Mushakov - EVP, Nuclear Operations Lawrence Goldman - CFO, Treasurer & Corporate Secretary Sherrie Holloway - Controller James Fornof - VP, Nuclear Program Management Conference Call Participants Operator Good day, ladies and gentlemen, thank you for standing by, and welcome to the Lightbridge Corporation Business ...
Lightbridge(LTBR) - 2022 Q1 - Quarterly Report
2022-05-12 21:00
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 quarterly period ended: March 31, 2022 ☐ TRANSITION 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) (State or other ...
Lightbridge(LTBR) - 2021 Q4 - Annual Report
2022-03-31 20:17
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, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-34487 LIGHTBRIDGE CORPORATION (Exact name of registrant as specified in its charter) Nevada 91-1975651 (I.R.S. Employer Identification No.) (State or other jurisdicti ...