# Lightbridge Corporation (LTBR)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $225M  
**Price:** $9.16 (+5.05%)

> Lightbridge Corporation is an advanced nuclear fuel technology company. It engages in the research, development, and commercialization of next-generation nuclear fuel designed for existing and future water-cooled reactors. The company's proprietary Lightbridge Fuel represents a metallic fuel innovation aimed at enhancing reactor performance, safety, and economic viability in the nuclear energy sector. Lightbridge Corporation focuses on advancing nuclear technologies that support cleaner energy production, positioning it within the process industries, specifically the specialty chemicals industry as it relates to nuclear materials. Its efforts target improvements in fuel efficiency and operational reliability for power generation reactors worldwide. Founded in 1992 and headquartered in Reston, Virginia, Lightbridge Corporation plays a specialized role in the nuclear fuel cycle, contributing to the broader transition toward sustainable energy sources through proprietary fuel designs.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | — | — | -$23M | -$20M | — |
| 2024 | — | — | -$13M | -$12M | $-0.81 |
| 2023 | — | — | -$9M | -$8M | $-0.65 |
| 2022 | — | — | -$8M | -$7M | $-0.69 |
| 2021 | — | — | -$8M | -$8M | $-1.71 |
| 2020 | — | — | -$15M | -$14M | $-3.59 |
| 2019 | — | — | -$11M | -$11M | $-3.66 |
| 2017 | $175,446 | $68,355 | -$7M | -$7M | — |
| 2016 | $760,577 | $304,012 | -$8M | -$6M | — |
| 2015 | $910,531 | $216,239 | -$7M | -$4M | — |
| 2014 | $1M | $553,922 | -$5M | -$4M | — |
| 2013 | $2M | $791,464 | -$5M | -$5M | — |
| 2012 | $4M | $1M | -$4M | -$4M | — |
| 2011 | $6M | $2M | -$6M | -$6M | — |
| 2010 | $8M | $3M | -$8M | -$8M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $204M | $847,451 | $203M | — | — |
| 2024 | $41M | $424,585 | $41M | — | — |
| 2023 | $29M | $486,326 | $29M | — | — |
| 2022 | $29M | $350,331 | $29M | $29M | — |
| 2021 | $25M | $171,521 | $25M | $25M | — |
| 2020 | $22M | $5M | $17M | $22M | — |
| 2019 | $20M | $350,299 | $19M | $18M | — |
| 2017 | $7M | $1M | $6M | $5M | — |
| 2016 | $7M | $1M | $6M | $4M | $100,000 |
| 2015 | $2M | $4M | -$1M | $623,184 | — |
| 2014 | $6M | $5M | $766,256 | $4M | — |
| 2013 | $6M | $2M | $3M | $4M | — |
| 2012 | $6M | $385,223 | $5M | $2M | — |
| 2011 | $11M | $2M | $9M | $4M | — |
| 2010 | $15M | $2M | $13M | $2M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$14M | — | — |
| 2024 | -$9M | — | — |
| 2023 | -$6M | — | — |
| 2022 | -$7M | — | — |
| 2021 | -$11M | — | — |
| 2020 | -$9M | — | — |
| 2019 | -$7M | — | — |
| 2018 | -$7M | — | — |
| 2017 | -$5M | — | — |
| 2016 | -$6M | — | — |
| 2015 | -$4M | — | — |
| 2014 | -$4M | — | — |
| 2013 | -$4M | — | — |
| 2012 | -$5M | — | — |
| 2011 | -$4M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/LTBR)