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Companies / Materials / LIGHTBRIDGE Corp
LTBR

LIGHTBRIDGE Corp

MaterialsChemicals
Ticker LTBRRESTON, VAFiscal year ends DecemberBook value per share $7.46Diluted shares 32.0M

Lightbridge Corporation (NASDAQ: LTBR) is a nuclear technology company developing next-generation metallic nuclear fuel designed to improve the economics, safety, and proliferation resistance of water-cooled nuclear reactors. The company's website is www.lightbridgecorp.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.00M
0.00%
—
-9.65%
+19.4 percentage points
Last 12 mo -9.80%
Cash & financing
$-14.28M
−50.4% year over year
Last 12 mo $-16.97M
$-14.28M
−50.4% year over year
Last 12 mo $-16.97M
—
24.5M
+69.2% year over year
Last 12 mo 32.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LIGHTBRIDGE Corp does

In the company’s own words

Lightbridge Corporation (NASDAQ: LTBR) is a nuclear technology company developing next-generation metallic nuclear fuel designed to improve the economics, safety, and proliferation resistance of water-cooled nuclear reactors. The company's website is www.lightbridgecorp.com.

The company's core product, Lightbridge Fuel™, represents an advanced nuclear technology utilizing proprietary all-metal fuel with a helical geometry designed to enhance heat transfer properties compared to conventional uranium dioxide fuel. The fuel is engineered for use in pressurized water reactors, boiling-water reactors, Russian-designed VVERs, CANDU reactors, and small modular reactors. Lightbridge projects that its metallic fuel could enable power uprates of up to 30 percent in new-build reactors and up to 17 percent in existing large reactors while operating at significantly lower temperatures than conventional fuel.

Lightbridge's fuel development strategy centers on lead test assemblies in commercial reactors, with the company targeting demonstration in the early to mid-2030s and initial purchase orders from utilities in the late 2030s. The company conducts the majority of its research and development activities in collaboration with the U.S. Department of Energy's national laboratories, particularly Idaho National Laboratory. Key development milestones include irradiation testing of fuel material coupon samples, loop irradiation testing of prototype fuel rods, thermal-hydraulic experiments, and development of a dedicated fuel fabrication facility.

The company's intellectual property strategy combines patent protection in key commercial markets with trade secrets and proprietary know-how. Lightbridge maintains memberships in industry consortiums including the DOE's HALEU Consortium to address supply chain infrastructure needs for high-assay low-enriched uranium material.

Recent strategic developments include a memorandum of understanding with Oklo, Inc. regarding potential co-location of fabrication facilities and collaboration on spent fuel recycling, as well as collaborative agreements with specialty metals manufacturers and nuclear engineering software providers to support fuel development and modeling capabilities. The company is funded primarily through equity offerings via an at-the-market facility and government partnerships.

Company details
Sector
Materials
Industry
Chemicals
Headquarters
RESTON, VA
Fiscal year end
December
CIK
1084554
SIC
2810

Financial performance, year by year

Fiscal 2013–2025 · USD
$-17.43M$-12.16M$-6.89M$-1.61M$3.66M2013201420152016201720182019202020212022202320242025

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LIGHTBRIDGE Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

105
funds hold it
0 of 35
superinvestors hold it
$79.59M
held by funds, at market
21.6%
of shares held by funds

Largest fund holders · LIGHTBRIDGE Corp’s weight in each

0.44%of fund net assets
Range Nuclear Renaissance Index ETF
NUKZ · EXCHANGE TRADED CONCEPTS TRUST
1.45%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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