secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTBRIDGE Corp (LTBR)
CIK:        0001084554
Form:       8-K
Filed at:   2022-03-24T23:59:59+00:00
Accession:  0001477932-22-001614
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084554/000147793222001614/0001477932-22-001614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084554/000147793222001614/ltbr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-001614

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