earnings
confidence high
sentiment neutral
materiality 0.45
Lightbridge posts Q3 net loss of $2.7M; R&D spend jumps to $1.3M
LIGHTBRIDGE Corp
2025-Q3 EPS reported
-$0.57
- Net loss of $2.7M in Q3 2024 vs $1.8M in Q3 2023.
- Working capital $25.9M; cash $26.6M; no outstanding debt.
- R&D expenses rose 160% to $1.3M from $0.5M, driven by INL project and employee costs.
- Collaborations ongoing with INL, MIT, and Texas A&M on fuel testing and SMR evaluation.
- Conference call scheduled for October 31, 2024.