LIGHTBRIDGE Corp
LTBR · Industrial Inorganic Chemicals · 35.1M shares · +36%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$2M (gross $244K, SBC $2M)
Reference price $9.58 · est. market cap ~$337M — last insider sale, 2026-06-22 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C59Pre-revenue nuclear-fuel developer with a large cash buffer but a 10-15 year path to commercialization.
Strengths
- ~$201.9M cash with an extreme current/quick ratio (239x, 100th pct), funding years of R&D
- Favorable nuclear-energy policy tailwinds and patent-protected metallic-fuel technology
Risks
- No revenue and negative returns (ROA -9.6%, 9th pct); commercialization is 10-15 years out and binary
- Reliance on continued dilutive ATM raises and on DOE/national-lab access and political support
Notable findings
- Insider sellingInsider selling — 9 open-market sale(s) by 5 insider(s) (cluster of 5 insiders, ~$741,962, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-9.6%
Return on assets
-9.6%
Current ratio
239.0×
Tangible book value
$203M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-22 | Goodman Sherri | Sell | 1.1K | $9.58 |
| 2026-04-03 | GRAE SETH | Tax withheld | 13K | $11.09 |
| 2026-04-03 | MUSHAKOV ANDREY | Tax withheld | 8.6K | $11.09 |
| 2026-04-03 | GOLDMAN LARRY | Tax withheld | 9.0K | $11.09 |
| 2026-01-29 | MUSHAKOV ANDREY | Sell | 25K | $16.54 |
| 2026-01-29 | MUSHAKOV ANDREY | Sell | 2.8K | $16.03 |
| 2026-01-29 | MUSHAKOV ANDREY | Sell | 2.5K | $17.48 |
| 2026-01-15 | GOLDMAN LARRY | Sell | 6.3K | $18.07 |
| 2026-01-14 | GOLDMAN LARRY | Sell | 2.5K | $18.00 |
| 2026-01-09 | Funches Jesse L. | Sell | 1.4K | $16.96 |
| 2026-01-06 | Chakraborty Sweta | Sell | 1.2K | $15.68 |
| 2026-01-02 | Chakraborty Sweta | Grant | 11K | — |
| 2026-01-02 | Tobin Mark Robert | Grant | 11K | — |
| 2026-01-02 | MAGRAW DANIEL B | Grant | 11K | — |
| 2026-01-02 | Goodman Sherri | Grant | 11K | — |
| 2026-01-02 | Funches Jesse L. | Grant | 11K | — |
| 2026-01-02 | Chakraborty Sweta | Sell | 1.9K | $12.88 |
| 2025-12-16 | GOLDMAN LARRY | Sell | 5.5K | $14.50 |
| 2025-12-15 | MUSHAKOV ANDREY | Tax withheld | 8.1K | $14.49 |
| 2025-12-15 | GRAE SETH | Tax withheld | 13K | $14.49 |
| 2025-12-15 | GOLDMAN LARRY | Tax withheld | 8.5K | $14.49 |
| 2025-12-05 | GOLDMAN LARRY | Sell | 8.0K | $17.50 |
| 2025-12-04 | MUSHAKOV ANDREY | Tax withheld | 12K | $17.79 |
| 2025-12-04 | GRAE SETH | Tax withheld | 19K | $17.79 |
| 2025-12-04 | GOLDMAN LARRY | Tax withheld | 12K | $17.79 |
| 2025-12-01 | MUSHAKOV ANDREY | Grant | 50K | — |
| 2025-12-01 | Chakraborty Sweta | Sell | 1.9K | $15.47 |
| 2025-12-01 | GOLDMAN LARRY | Grant | 47K | — |
| 2025-12-01 | GRAE SETH | Grant | 81K | — |
| 2025-11-20 | GOLDMAN LARRY | Tax withheld | 7.0K | $14.53 |
| 2025-11-20 | GOLDMAN LARRY | Sell | 4.5K | $15.22 |
| 2025-11-20 | MUSHAKOV ANDREY | Tax withheld | 6.7K | $14.53 |
| 2025-11-20 | GRAE SETH | Tax withheld | 11K | $14.53 |
| 2025-11-03 | Chakraborty Sweta | Sell | 1.9K | $26.73 |
| 2025-10-15 | GRAE SETH | Option exercise | 32K | $12.60 |
| 2025-10-15 | GRAE SETH | Sell | 32K | $28.07 |
| 2025-10-13 | GRAE SETH | Option exercise | 21K | $10.80 |
| 2025-10-13 | GRAE SETH | Sell | 21K | $26.01 |
| 2025-10-10 | GRAE SETH | Option exercise | 7.6K | $10.80 |
| 2025-10-10 | GRAE SETH | Sell | 7.6K | $25.84 |
| 2025-10-10 | MUSHAKOV ANDREY | Option exercise | 25K | $12.60 |
| 2025-10-10 | MUSHAKOV ANDREY | Sell | 25K | $25.06 |
| 2025-10-08 | Chakraborty Sweta | Sell | 1.2K | $22.89 |
| 2025-10-07 | Funches Jesse L. | Sell | 1.4K | $22.67 |
| 2025-10-01 | Chakraborty Sweta | Sell | 1.9K | $20.85 |
| 2025-09-22 | MUSHAKOV ANDREY | Option exercise | 18K | $10.80 |
| 2025-09-22 | MUSHAKOV ANDREY | Sell | 18K | $20.04 |
| 2025-09-02 | Tobin Mark Robert | Sell | 3.0K | $14.21 |
| 2025-09-02 | Chakraborty Sweta | Sell | 1.9K | $14.22 |
| 2025-08-28 | GRAE SETH | Grant | 44K | — |
| 2025-08-28 | Goodman Sherri | Grant | 5.0K | — |
| 2025-08-28 | Goodman Sherri | Grant | 5.0K | — |
| 2025-08-28 | Goodman Sherri | Grant | 5.0K | — |
| 2025-08-28 | Goodman Sherri | Grant | 3.0K | — |
| 2025-08-28 | Goodman Sherri | Grant | 2.0K | — |
| 2025-08-28 | MAGRAW DANIEL B | Grant | 5.0K | — |
| 2025-08-28 | MAGRAW DANIEL B | Grant | 5.0K | — |
| 2025-08-28 | MAGRAW DANIEL B | Grant | 5.0K | — |
| 2025-08-28 | MAGRAW DANIEL B | Grant | 3.0K | — |
| 2025-08-28 | MAGRAW DANIEL B | Grant | 2.0K | — |
| 2025-08-28 | Tobin Mark Robert | Grant | 5.0K | — |
| 2025-08-28 | Tobin Mark Robert | Grant | 5.0K | — |
| 2025-08-28 | Tobin Mark Robert | Grant | 5.0K | — |
| 2025-08-28 | Tobin Mark Robert | Grant | 3.0K | — |
| 2025-08-28 | Tobin Mark Robert | Grant | 2.0K | — |
| 2025-08-28 | Chakraborty Sweta | Grant | 5.0K | — |
| 2025-08-28 | Chakraborty Sweta | Grant | 5.0K | — |
| 2025-08-28 | Chakraborty Sweta | Grant | 5.0K | — |
| 2025-08-28 | Chakraborty Sweta | Grant | 3.0K | — |
| 2025-08-28 | Chakraborty Sweta | Grant | 2.0K | — |
| 2025-08-28 | Funches Jesse L. | Grant | 5.0K | — |
| 2025-08-28 | Funches Jesse L. | Grant | 5.0K | — |
| 2025-08-28 | Funches Jesse L. | Grant | 5.0K | — |
| 2025-08-28 | Funches Jesse L. | Grant | 3.0K | — |
| 2025-08-28 | Funches Jesse L. | Grant | 2.0K | — |
| 2025-08-28 | GRAE SETH | Grant | 73K | — |
| 2025-08-28 | GRAE SETH | Grant | 73K | — |
| 2025-08-28 | GRAE SETH | Grant | 73K | — |
| 2025-08-28 | GRAE SETH | Grant | 29K | — |
| 2025-08-28 | MUSHAKOV ANDREY | Grant | 45K | — |
| 2025-08-28 | MUSHAKOV ANDREY | Grant | 45K | — |
| 2025-08-28 | MUSHAKOV ANDREY | Grant | 45K | — |
| 2025-08-28 | MUSHAKOV ANDREY | Grant | 27K | — |
| 2025-08-28 | MUSHAKOV ANDREY | Grant | 18K | — |
| 2025-08-28 | GOLDMAN LARRY | Grant | 42K | — |
| 2025-08-28 | GOLDMAN LARRY | Grant | 42K | — |
| 2025-08-28 | GOLDMAN LARRY | Grant | 42K | — |
| 2025-08-28 | GOLDMAN LARRY | Grant | 25K | — |
| 2025-08-28 | GOLDMAN LARRY | Grant | 17K | — |
| 2025-08-20 | Chakraborty Sweta | Sell | 1.9K | $13.79 |
| 2025-08-15 | Chakraborty Sweta | Sell | 20K | $15.15 |
| 2025-08-13 | GOLDMAN LARRY | Option exercise | 14K | $12.60 |
| 2025-08-13 | GOLDMAN LARRY | Sell | 24K | $18.00 |
| 2025-06-10 | GOLDMAN LARRY | Option exercise | 13K | $10.80 |
| 2025-06-10 | GOLDMAN LARRY | Sell | 13K | $16.30 |
| 2025-06-09 | GOLDMAN LARRY | Sell | 2.5K | $16.30 |
| 2025-06-09 | GOLDMAN LARRY | Option exercise | 3.4K | $10.80 |
| 2025-06-09 | GOLDMAN LARRY | Sell | 22K | $15.61 |
| 2025-06-02 | Tobin Mark Robert | Sell | 3.0K | $15.42 |
| 2025-05-28 | GRAE SETH | Option exercise | 16K | $3.82 |
| 2025-05-28 | GRAE SETH | Sell | 16K | $17.42 |
| 2025-05-14 | MAGRAW DANIEL B | Sell | 44K | $11.99 |
| 2025-05-14 | Goodman Sherri | Sell | 7.0K | $11.73 |
| 2025-05-12 | Funches Jesse L. | Sell | 6.2K | $9.75 |
| 2025-04-03 | GRAE SETH | Grant | 87K | — |
| 2025-04-03 | GOLDMAN LARRY | Grant | 50K | — |
| 2025-04-03 | MUSHAKOV ANDREY | Grant | 54K | — |
| 2025-03-28 | MAGRAW DANIEL B | Sell | 169 | $7.35 |
| 2025-03-20 | MAGRAW DANIEL B | Sell | 323 | $9.95 |
| 2025-03-12 | MAGRAW DANIEL B | Grant | 12K | — |
| 2025-03-12 | Goodman Sherri | Grant | 12K | — |
| 2025-03-12 | Tobin Mark Robert | Grant | 12K | — |
| 2025-03-12 | Chakraborty Sweta | Grant | 12K | — |
| 2025-03-12 | Funches Jesse L. | Grant | 12K | — |
| 2025-02-12 | MUSHAKOV ANDREY | Sell | 30K | $14.58 |
| 2025-02-12 | GOLDMAN LARRY | Sell | 18K | $14.09 |
| 2025-01-23 | MUSHAKOV ANDREY | Sell | 15K | $7.54 |
| 2025-01-23 | GOLDMAN LARRY | Sell | 15K | $10.07 |
| 2025-01-23 | MUSHAKOV ANDREY | Sell | 30K | $9.68 |
| 2025-01-23 | MUSHAKOV ANDREY | Option exercise | 10K | $3.82 |
| 2025-01-22 | GOLDMAN LARRY | Sell | 21K | $7.00 |
| 2025-01-22 | GOLDMAN LARRY | Option exercise | 7.6K | $3.82 |
| 2025-01-06 | GOLDMAN LARRY | Option exercise | 1.7K | $3.82 |
| 2025-01-06 | GOLDMAN LARRY | Sell | 3.7K | $7.03 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
- U.S. Department of Energy (national laboratories)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-14 | 2026-05-14 | 0001477932-26-003140 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001477932-26-002678 ↗ |
| 8-K | 2026-04-27 | 2026-04-27 | 0001477932-26-002579 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001477932-26-001076 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001477932-26-001027 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001477932-25-007949 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001477932-25-007930 ↗ |
| 8-K | 2025-09-26 | 2025-09-26 | 0001477932-25-007086 ↗ |
| 8-K | 2025-08-29 | 2025-08-28 | 0001477932-25-006428 ↗ |
| 10-Q | 2025-08-13 | 2025-06-30 | 0001477932-25-005731 ↗ |
| 8-K | 2025-08-11 | 2025-08-11 | 0001477932-25-005673 ↗ |
| 8-K | 2025-06-05 | 2025-06-05 | 0001477932-25-004434 ↗ |