secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTBRIDGE Corp (LTBR)
CIK:        0001084554
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001477932-24-000940
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084554/000147793224000940/0001477932-24-000940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084554/000147793224000940/ltbr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-000940

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