Lightbridge Q3 net loss $2.0M; cash $31.3M; fuel development progresses

LIGHTBRIDGE Corp

2022-Q3 EPS reported -$0.53

Net loss for Q3 2022 was $2.0M vs $1.9M in Q3 2021.
Cash and cash equivalents $31.3M at Sept 30, 2022, up from $24.7M at Dec 31, 2021.
Cash used in operations for 9 months fell to $4.1M from $8.8M year-over-year.
Fuel casting tests at PNNL near completion; finalizing INL agreement for irradiation samples.
No debt; working capital $30.4M; $10.6M raised from stock issuance in 2022.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LIGHTBRIDGE Corp reported financial results for third quarter ended September 30, 2022.

Period: third quarter ended September 30, 2022
Result: reported results

Exact text from the filing

Lightbridge Corporation issued a press release relating to its results for the quarter ended September 30, 2022.

View on SEC.gov

Browse all earnings releases →

LIGHTBRIDGE Corp filing history →

Source: SEC EDGAR

accession 0001477932-22-007980

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.