Apr. 28 at 8:22 PM
$LTBR
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Lightbridge Corporation reported a higher net loss but a much stronger cash position in the first quarter of 2026 as it ramped up fuel development. The company posted a net loss of
$6,344,839, compared to
$4,771,012 a year earlier, with no revenue in either period.
Total operating expenses rose as general and administrative costs increased to
$4,334,520 and research and development spending doubled to
$3,347,627, reflecting more staff, stock-based awards, and high-performance computing investments. Interest income grew to
$1,337,308 on larger cash balances.
Lightbridge ended March 31, 2026 with cash and cash equivalents of
$215,671,445 and working capital of about
$215.8 million, up from
$201.7 million at year-end 2025, mainly due to
$18,587,048 in net cash from equity financing. Management highlighted expanded patent protection, new testing agreements, and growing in-house engineering teams as it advances its Lightbridge Fuel program.
