Lightbridge Corp. Files Q1 2025 10-Q, Plans Share Issuance
Ticker: LTBR · Form: 10-Q · Filed: May 12, 2025 · CIK: 1084554
| Field | Detail |
|---|---|
| Company | Lightbridge Corp (LTBR) |
| Form Type | 10-Q |
| Filed Date | May 12, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, capital-raising
TL;DR
Lightbridge Q1 2025: Assets $21.56M, Liab $18.78M, minimal revenue. Planning share sale to raise cash.
AI Summary
Lightbridge Corp. filed its 10-Q for the period ending March 31, 2025. The company reported minimal revenue for the quarter, with total assets valued at $21.56 million and total liabilities at $18.78 million. A significant subsequent event noted is the company's plan to issue shares and warrants, aiming to raise capital.
Why It Matters
This filing provides insight into Lightbridge Corp.'s financial health and strategic plans for capital raising, which could impact its future operations and stock value.
Risk Assessment
Risk Level: medium — The company has minimal revenue and is planning to raise capital through share issuance, indicating potential financial challenges and dilution risk.
Key Numbers
- $21.56M — Total Assets (As of March 31, 2025)
- $18.78M — Total Liabilities (As of March 31, 2025)
- 0.001 — Revenue (Minimal revenue reported for Q1 2025)
Key Players & Entities
- LIGHTBRIDGE Corp (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250512 (date) — Filing Date
- $21,557,343 (dollar_amount) — Total Assets
- $18,783,912 (dollar_amount) — Total Liabilities
FAQ
What is the company's primary business activity?
Lightbridge Corp. is primarily involved in the services sector, specifically management consulting services (SIC code 8742).
What was the total value of Lightbridge Corp.'s assets as of March 31, 2025?
Total assets were $21,557,343 as of March 31, 2025.
What is the company's total liability as of March 31, 2025?
Total liabilities amounted to $18,783,912 as of March 31, 2025.
What significant subsequent event is mentioned in the filing?
The filing mentions a 'Twenty Twenty Plan' and 'Articles of Incorporation' related to subsequent events occurring around April 2025, likely involving capital raising activities.
When was the company formerly known as Thorium Power, Ltd?
The company was formerly known as Thorium Power, Ltd. before changing its name on October 11, 2006.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding LIGHTBRIDGE Corp (LTBR).