---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-001614"
form_type: "8-K"
ticker: "LTBR"
cik: "0001084554"
company_name: "LIGHTBRIDGE Corp"
filed_at: "2022-03-24T23:59:59+00:00"
generated_at: "2026-06-26T18:04:34.982671+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lightbridge reports narrower 2021 net loss of $7.8M; cash grows to $24.7M

## Summary
- Net loss improved to $7.8M in 2021 from $14.4M in 2020, helped by lower arbitration costs and no patent impairment.
- Cash and equivalents rose to $24.7M at Dec 31, 2021 from $21.5M at year-end 2020; company has no debt.
- Working capital increased to $24.7M vs $17.1M; stockholders' equity reached $24.8M.
- R&D expenses rose to $1.4M from $0.9M on increased work with DOE national labs under GAIN vouchers.
- All outstanding Series A and B preferred stock exchanged for common shares at $10 per share in Q4 2021.

## SEC filing metadata
- accession: 0001477932-22-001614
- form_type: 8-K
- ticker: LTBR
- cik: 0001084554
- company_name: LIGHTBRIDGE Corp
- filed_at: 2022-03-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084554/000147793222001614/0001477932-22-001614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084554/000147793222001614/ltbr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-001614
- JSON: https://secwatch.observer/filing/0001477932-22-001614.json
- Plain text: https://secwatch.observer/filing/0001477932-22-001614.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.