Lightbridge Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company's net loss was $1.3 million, or a loss of $0.10 per basic and diluted share, on revenue of $0.5 million, compared to a net loss $0.8 million, or a loss of $0.06 per basic and diluted share, on revenue of $1.3 million in the first quarter of 2012. The company's revenues are derived from consulting and strategic advisory services for foreign governments planning to create or expand electricity generation capabilities using nuclear power plants, and are used to help fund the continuing development of the company's nuclear fuel technologies. The company spent approximately $0.6 million and $0.5 million for research and development during the three months ended March 31, 2013 and 2012, respectively. Operating loss was $1,293,438 against $954,234 a year ago. Net loss before income taxes was $1,278,922 against $796,534 a year ago. Net cash used in operating activities was $1,061,974 against $1,511,618 a year ago.

Lightbridge Corp., Q1 2013 Earnings Call, May 09, 2013

Lightbridge Corp. announced that they will report Q1, 2013 results at 5:00 PM, Eastern Standard Time on May 08, 2013