Lightbridge Q3 net loss widens on higher R&D, administrative costs
LTBR•Lightbridge reported a Q3 2026 loss per share of $0.23 and no revenue as research and development and general and administrative costs rose. The company said it was selected for the DOE Launch Pad INL program, which may accelerate its fuel commercialization timeline.
1. Quarterly results
Lightbridge's Q3 net loss widened year over year as research and development and general and administrative costs increased. The company reported no revenue and a loss per share of $0.23.
2. Costs and program
Higher employee compensation, professional services and other administrative expenses drove up general and administrative costs. Research and development spending rose with employee compensation, IT expenses and INL project costs; higher interest income from increased cash balances partially offset operating losses. Lightbridge said its selection for the DOE Launch Pad INL program may accelerate its commercialization timeline.
