Lightbridge Company profile
About Lightbridge Corp
Lightbridge Corporation is a nuclear fuel technology company. The Company is focused on developing Lightbridge Fuel, which is a nuclear fuel technology to improve the economics, safety and proliferation resistance of nuclear fuel in existing and new nuclear reactors, large and small, with a meaningful impact on addressing climate change, and air pollution. Its target market segments include water-cooled commercial power reactors, such as pressurized water reactors (PWRs), water-water energetic reactors (VVERs), boiling-water reactors (BWRs) and other heavy water reactors. The Company is also focusing on the small modular reactors (SMRs) that can benefit from its fuel with improved economics and load following when included on an electric grid with renewables. The Company's subsidiaries include Lightbridge International Holding LLC and Thorium Power Inc.
Financial summary
BRIEF: For the nine months ended 30 September 2021, Lightbridge Corp revenues was not reported. Net loss applicable to common stockholders decreased 24% to $6.1M. Lower net loss reflects General and administrative - Balancing decrease of 30% to $4.8M (expense), Grant income increase from $30K to $460K (income), Research and development expenses decrease of 52% to $369K (expense).
Equity composition
Common Stock $0.001 Par, 12/10, 500M auth., 12,430,840 issd. less. 84,218 shs. in Treas. @ cost. ,Insiders & Stakeholder owns 14.92%. 09/09, Name changedfrom Thorium Power Ltd. 09/09, 1-for-30 reverse stock split. 10/09, Exchange changed from OTC.BB to NASDAQ.
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