Lightbridge Q2 net loss $3.5M; cash $97.9M after $60.9M ATM raise; INL milestones

LIGHTBRIDGE Corp

2025-Q2 EPS reported -$0.40

Net loss of $3.5M in Q2 2025 vs $2.4M in Q2 2024; six-month net loss $8.3M vs $5.2M.
Cash and cash equivalents $97.9M at June 30, 2025 (up from $40.0M at Dec 31, 2024); working capital $97.2M.
H1 2025 cash used in operations $5.6M; financing provided $63.5M, primarily $60.9M from at-the-market equity issuance.
Operational milestones: co-extrusion demo at Idaho National Lab (Feb 2025), experiment design review (June 2025), enriched uranium-zirconium coupon samples fabricated for irradiation testing.

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