---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-000940"
form_type: "8-K"
ticker: "LTBR"
cik: "0001084554"
company_name: "LIGHTBRIDGE Corp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T07:58:56.084991+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lightbridge FY 2023 net loss widens to $7.9M; R&D spend more than doubles to $1.9M

## Summary
- Net loss of $7.9M in 2023 vs. $7.5M in 2022; cash & equivalents $28.6M, down $0.3M.
- R&D expenses surged to $1.9M from $0.7M, driven by INL project and labor costs.
- G&A expenses fell 5% to $7.1M; stock-based compensation flat at $1.1M.
- Cash from financing decreased to $6.2M from $10.9M as ATM proceeds dropped.
- Entered FEED study contract with Centrus Energy and CANDU study with RATEN ICN.

## SEC filing metadata
- accession: 0001477932-24-000940
- form_type: 8-K
- ticker: LTBR
- cik: 0001084554
- company_name: LIGHTBRIDGE Corp
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084554/000147793224000940/0001477932-24-000940-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084554/000147793224000940/ltbr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-000940
- JSON: https://secwatch.observer/filing/0001477932-24-000940.json
- Plain text: https://secwatch.observer/filing/0001477932-24-000940.txt

## Key facts
- Earnings Releases
  LIGHTBRIDGE Corp reported financial results for the fiscal year ended December 31, 2023.
  - Period: the fiscal year ended December 31, 2023
  - Result: reported results
  source text: On February 28, 2024, Lightbridge Corporation issued a press release relating to its results for the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084554/000147793224000940/0001477932-24-000940-index.htm

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