Financial Data and Key Metrics Changes - As of December 31, 2025, the company held approximately $201.9 million in cash and cash equivalents, compared to $40 million a year earlier, indicating a significant improvement in financial resources [15] - The company used approximately $14.3 million in operations during fiscal 2025, reflecting continued investment in fuel development [16] - The company raised $176 million in net proceeds through its at-the-market equity offering program [16] Business Line Data and Key Metrics Changes - The company achieved major fuel development milestones, including the start of irradiation testing of enriched uranium-zirconium alloy fuel material samples [4][6] - Significant expansion of work at Idaho National Laboratory was noted, including the review of the fuel qualification plan and development of RELAP5-3D and BISON codes for Lightbridge Fuel [8] Market Data and Key Metrics Changes - Nuclear power generated approximately 18% of U.S. electricity in 2024, making it the largest source of clean electricity in the country [19] - The U.S. and other countries have pledged to triple global nuclear capacity by 2050, with the U.S. aiming to quadruple domestic nuclear power generation by the same year [20] Company Strategy and Development Direction - The company is focused on commercializing advanced nuclear fuel and has signed a memorandum of understanding with Oklo Inc. to explore collaboration opportunities [5] - The company aims to enhance power output and safety in existing reactors, positioning itself uniquely in the nuclear market [21] Management's Comments on Operating Environment and Future Outlook - The macro environment for nuclear energy has become increasingly favorable, with significant policy shifts supporting nuclear projects [18] - The company believes that its fuel technology will meet the industry's growing needs for enhanced power output, improved safety, and greater economic efficiency [22] Other Important Information - The company maintains a debt-free balance sheet with no convertible securities or other dilutive debt instruments, allowing for flexibility in pursuing opportunities [17] Q&A Session Summary - No questions were submitted for this call [23]

Lightbridge (NasdaqCM:LTBR) Q4 2025 Earnings call February 26, 2026 04:00 PM ET Speaker1Thank you for standing by, and welcome to the Lightbridge Corporation Business Update and fiscal year 2025 conference call. Please note that today's call is being recorded. It is now my pleasure to introduce Matthew Abenante, Director of Investor Relations for Lightbridge Corporation.Speaker3Thank you, Carmen, and thanks to all of you for joining us today. Our earnings press release was distributed yesterday and is avail ...

China’s belief that “that raw power will silence rivals and secure long-term peace is not strategy but illusion”, argues a nuclear-policy expert https://t.co/mmk095t67w ...