Lightbridge Q1 FY26 net loss widens to $6.3 million

• Lightbridge posted a net loss of USD 6.34 million in the quarter ended March 31, 2026, widening from USD 4.77 million a year earlier.
• Revenue was unchanged at no revenue, while operating loss widened to USD 7.68 million.
• Cash and cash equivalents climbed to USD 215.67 million, while working capital rose to about USD 215.8 million.
• Program updates included patent allowances in Canada, US, and European Patent Office, alongside an engineering contract with Stern Laboratories to support US regulatory licensing of Lightbridge Fuel for light water reactors.
• CEO Seth Grae said Lightbridge Fuel is expected to enable power uprates of up to 30% or more for new-build water-cooled reactors and up to 20% or more in existing light-water reactors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lightbridge Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604271615PRIMZONEFULLFEED9696818) on April 27, 2026, and is solely responsible for the information contained therein.