LIGHTBRIDGE Corp

For the period ended Dec 31, 2023. Filed Mar 4, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 4, 2024

LTBR$4.53-6.4%Stored close · as of Nov 10, 2026

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

	Year Ended
	December 31,
	2023	2022
Operating Activities
Net Loss	$(7,908,646)	$(7,497,857)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services	45,000	45,000
Stock-based compensation	1,257,717	842,704
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(91,799)	(1,812)
Prepaid project costs and other long-term assets	(138,000)	(345,000)
Accounts payable and accrued liabilities	350,995	193,810
Net Cash Used in Operating Activities	(6,484,733)	(6,763,155)
Investing Activities
Trademarks	(640)	(6,642)
Net Cash Used in Investing Activities	(640)	(6,642)
Financing Activities
Net proceeds from the issuances of common stock	6,405,431	11,026,785
Payments for taxes related to net share settlement of equity awards	(221,610)	(104,604)
Net Cash Provided by Financing Activities	6,183,821	10,922,181
Net (Decrease) Increase in Cash and Cash Equivalents	(301,552)	4,152,384
Cash and Cash Equivalents, Beginning of Year	28,899,997	24,747,613
Cash and Cash Equivalents, End of Year	$28,598,445	$28,899,997
Supplemental Disclosure of Cash Flow Information
Cash paid during the year:
Interest paid	$—	$—
Income taxes paid	$—	$—
Non-Cash Financing Activities:
Payment of accrued liabilities with common stock	$215,000	$15,000

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.