LIGHTBRIDGE Corp
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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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.
FY2024 · Filed Mar 3, 2025
LTBR$4.53-6.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
STATEMENTS OF CASH FLOWS
| Year Ended | ||||
|---|---|---|---|---|
| December 31, | ||||
| 2024 · 2023 | ||||
| Operating Activities | ||||
| Net loss | $(11,787,066) | $(7,908,646) | ||
| Adjustments to reconcile net loss to net cash used in operating activities | ||||
| Common stock issued for services | 110,806 | 45,000 | ||
| Stock-based compensation | 2,038,231 | 1,257,717 | ||
| Changes in operating assets and liabilities | ||||
| Prepaid expenses and other current assets | (3,121) | (91,799) | ||
| Prepaid project costs and other long-term assets | (45,805) | (138,000) | ||
| Accounts payable and accrued liabilities | 193,259 | 350,995 | ||
| Net Cash Used in Operating Activities | (9,493,696) | (6,484,733) | ||
| Investing Activities | ||||
| Trademarks | - | (640) | ||
| Net Cash Used in Investing Activities | - | (640) | ||
| Financing Activities | ||||
| Net proceeds from the issuances of common stock | 21,412,505 | 6,405,431 | ||
| Net proceeds from the exercise of stock options | 41,921 | - | ||
| Payments for taxes related to net share settlement of equity awards | (568,348) | (221,610) | ||
| Net Cash Provided by Financing Activities | 20,886,078 | 6,183,821 | ||
| Net Increase (Decrease) in Cash and Cash Equivalents | 11,392,382 | (301,552) | ||
| Cash and Cash Equivalents, Beginning of Year | 28,598,445 | 28,899,997 | ||
| Cash and Cash Equivalents, End of Year | $39,990,827 | $28,598,445 | ||
| 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 | $15,000 | $215,000 | ||
| Common stock issued for consulting services | $180,000 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.