Lightbridge Q1 2022 net loss flat at $2.0M; cash position grows to $28.2M

LIGHTBRIDGE Corp

2022-Q1 EPS reported -$0.20

Net loss of $2.0M unchanged YoY; no revenue reported.
Cash and cash equivalents $28.2M at March 31, 2022, up from $24.7M at Dec 31, 2021.
Working capital $28.3M; no debt on balance sheet.
Progress on Lightbridge Fuel development at PNNL under DOE GAIN program; negotiating additional contracts.

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