Lightbridge Corporation reported a third-quarter fiscal 2026 net loss of $8.3 million, or $(0.23) per basic and diluted share, compared to a $4.1 million loss in the prior-year period. The wider loss reflects higher research and development expenses of $5.3 million versus $2.0 million, driven by new hires and INL project costs, alongside increased general and administrative spending of $5.0 million. Cash and cash equivalents totaled $236.7 million at September 30, 2026. The company also announced selection for the DOE Nuclear Energy Launch Pad program to accelerate pilot factory authorization and secured loop irradiation testing agreements with Battelle Energy Alliance.
