As a pre-revenue developer, LTBR's value hinges on program milestones (patents, licensing, DOE contracts). Monitor progress on their uranium-zirconium fuel testing and any new partnerships or government awards. Cash runway remains strong through at least late 2027 at current burn.
Price Chart
Executive Summary
Lightbridge reported Q1 2026 results with no revenue (consistent with pre-commercial stage), a net loss of $6.3M, and EPS of -$0.20. Cash increased to $215.7M from ATM issuances, but operating cash burn widened to $4.8M. The filing is routine for a development-stage company with no material changes.
Key Financial Metrics
Key Facts
- Net loss of $6.3M for Q1 2026 vs $4.8M in Q1 2025
- Cash and equivalents of $215.7M at March 31, 2026, up from $201.9M at December 31, 2025
- Cash used in operating activities was $4.8M, compared to $3.3M in Q1 2025
- R&D expenses increased to $3.3M from $1.7M year-over-year
- No revenue generated in the quarter
- ATM stock sales provided $18.6M in net financing proceeds
Financial Impact
No revenue; net loss increased by $1.5M year-over-year
Risk Factors
- No revenue or near-term commercialization path
- Widening operating losses as R&D spending increases
- Dependence on ATM equity issuances for funding
- Nuclear fuel development timeline uncertainties
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001477932-26-002579 |
| Document: ltbr_8k.htm | 0001477932-26-002579 |
| Document: 0001477932-26-002579-index-headers.html | 0001477932-26-002579 |
| Document: 0001477932-26-002579-index.html | 0001477932-26-002579 |
| Document: 0001477932-26-002579.txt | 0001477932-26-002579 |
| 8-K Data (Synthetic) | 0001477932-26-002579 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 19w ago | Institutional Cluster | $9.16 $8.59 | ▼ −6.22% | ▼ −8.11% | $4.95 (−45.96%) |
Apr 27, 2026 26w ago | 8-K | $12.54 $11.59 | ▼ −7.58% | ▼ −13.04% | $4.95 (−60.53%) |
Mar 25, 2026 30w ago | Press Release | $11.30 $13.00 | ▲ +15.04% | ▲ +7.18% | $4.95 (−56.19%) |
Mar 2, 2026 34w ago | EFFECT | $12.96 $9.85 | ▼ −24.00% | ▼ −16.06% | $4.95 (−61.81%) |
US Market Status
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