Lightbridge Q1 net loss widens to $4.8M; cash rises to $56.9M on ATM issuance

LIGHTBRIDGE Corp

2025-Q1 EPS reported -$0.24

Net loss of $4.8M for Q1 2025 compared to $2.8M in Q1 2024, driven by higher R&D and G&A costs.
Cash and cash equivalents $56.9M, up $16.9M from Dec 2024, mainly from $20.2M ATM stock issuance.
R&D expenses $1.7M (+$0.7M YoY); G&A $3.5M (+$1.3M) including $0.5M accelerated vesting for a former employee.
Successful co-extrusion demonstration of depleted uranium-zirconium coupon with zirconium cladding at Idaho National Laboratory.
Signed MOU with Oklo in January 2025 to explore synergies in fuel fabrication, reprocessing, and recycling.

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