Company Analysis

Lightbridge Corporation (LTBR)

Nasdaq: LTBR · Industrial Inorganic Chemicals · Reston, VA · filing with the SEC since 1999
Grade5.0
◀ Past 3.0● Present 4.6▶ Future 7.4
4 est.

The grade of Lightbridge Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past3.030% of the headline
● Present4.640% of the headline
▶ Future7.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 5 read as filed from the record and 4 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.0/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 82nd percentile among 11 sector filers · read for itself

From the record

Lightbridge Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
0.5/10

What has it actually done, year after year?

10 filed years; profitable in 0 of 10.

weight 45% of this tense · 5th percentile among 10 sector filers · read for its customers

From the record

Lightbridge Corporation's 10 filed years say what it did: it rose in 0 of 3 years; the deepest fall was 100% from fiscal 2015 to fiscal 2019; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profitbottom 5% of its family
  • the deepest fall from a revenue peak100.0%bottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.5/10

How has it treated the people who own it?

SI estimate 0.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 5th percentile among 10 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 5% of 10 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 10 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lightbridge Corporation's shareholder treatment is put at 0.5 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 5% of 10 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.6/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.5/10

Is it financially healthy right now?

ROE -10%: lost 10¢ per shareholder dollar. Leverage 0%: owes 0¢ per asset dollar.

weight 45% of this tense · 45th percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Lightbridge Corporation lost about 10 cents for every dollar of shareholders' money. Leverage: it owed about 0 cents per dollar of assets, and net share issuance: its share count grew 69.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 5% of its family
  • return on equitybottom 35% of its family
  • the share count against the year beforebottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

SI estimate
4.6/10

How strong is its position in its industry?

SI estimate 4.6/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 9 sector filers · read for its customers

SI estimate Inferred, not read as filed

Why it is an estimate
No filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 9 members with one.
What the record cannot read
No filed revenue on file.
How it was reasoned
family median, 9 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lightbridge Corporation's industry position is put at 4.6 of 10 with a confidence of 20 of 100, because no filed revenue on file, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Leadership

as filed
4.8/10

What are the people in charge doing?

bottom 48% of 9 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 48th percentile among 9 sector filers · read for its shareholders

From the record

Lightbridge Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Grae, Seth (President and CEO, as filed), filing under that title since 2006-03-27, 20.6 years (top 7% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 5.1 years (bottom 28%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 9 peoplebottom 23% of its family
  • the median years the people in charge have filed5.1 yearsbottom 28% of its family
  • the chief executive's years on the record20.6 yearstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.4/1030% of the headline grade · 1 of 3 filed, 2 estimated

Room to expand

SI estimate
9.5/10

How much room does it have to grow?

SI estimate 9.5/10, confidence 35 of 100 (one part).

weight 45% of this tense · 95th percentile among 10 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the top 5% of 10 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 10 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lightbridge Corporation's room to expand is put at 9.5 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 5% of 10 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
6.4/10

What could actually drive growth from here?

top 36% of 10 in its family for growth drivers.

weight 33% of this tense · 64th percentile among 10 sector filers · read for its customers

From the record

Lightbridge Corporation's growth drivers, from the filed years to fiscal 2025: research spending grew 139.5% a year (top 6%); capital spending grew -4.8% a year (bottom 35%) (its annual reports). Lightbridge Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth of research spending139.5%top 6% of its family
  • three-year growth of capital spending-4.8%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

SI estimate
4.5/10

Did its newest year beat what its own record pointed to?

SI estimate 4.5/10, confidence 35 of 100 (one part).

weight 22% of this tense · 45th percentile among 10 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, net income against the prior three years' average, which ranks in the bottom 45% of 10 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
What the record cannot read
The record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change.
How it was reasoned
one part: net income against the prior three years' average, the one part on file, ranked among 10 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Lightbridge Corporation's expectations vs reality is put at 4.5 of 10 with a confidence of 35 of 100, because read from one part only, net income against the prior three years' average, which ranks in the bottom 45% of 10 in its family; the record does not carry four filed years of revenue and two of the three parts: revenue against the prior pace, earnings against the prior average, the margin change. A filing that carries the missing parts replaces this estimate with the filed reading.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LTBR · research, not advice