Lightbridge FY2024 net loss $11.8M, cash $40M; R&D spend doubles, fuel milestones achieved

LIGHTBRIDGE Corp

2024-FY EPS reported -$0.81

Net loss $11.8M (2023: $7.9M); working capital $39.9M; cash $40.0M, up $11.4M from ATM issuance.
R&D expenses $4.6M (2023: $1.9M) driven by Lightbridge Fuel development at Idaho National Laboratory.
Successful co-extrusion of depleted uranium/zirconium sample with nuclear-grade cladding announced Feb 2025.
MIT safety evaluation at TopFuel 2024 showed improved thermal-hydraulic margins and lower operating temps.
Anticipates ~$17M total R&D capex and opex for 2025, reflecting continued fuel technology advancement.

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