LIGHTBRIDGE Corp Q3 FY2024 earnings call

• Seth Grae discussed advancing nuclear fuel technology to make nuclear energy safer, more efficient, and cost-effective, with benefits like increased power output, cooler operating temp, and potential to reduce plutonium stockpiles. Mentioned work on small modular reactors and international activities like attending meetings. • Andrey Mushakov reported progress on fabrication process demonstration at INL, work with Rotan ICM on CANDU reactors, and technical papers presented at Top Fuel 2024. • Scott Holcombe detailed the Rotan ICM study on CANDU reactors and MIT/SIA studies validating Lightbridge Fuel. • Lawrence Goldman provided financials: working capital, cash position, and expense details. • Sherrie Holloway discussed net loss, R&D and G&A expenses.

No distinct product segments with revenue breakdowns provided. The company focuses on nuclear fuel technology development, but no financial performance by product segment in terms of absolute revenue and contribution % is detailed.

• Anticipate long-term fuel development and commercialization timeline to remain consistent with SEC filings. • Expect to continue seeking government funding and new strategic alliances to fund R&D leading to commercialization of Lightbridge Fuel.

• Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ from estimates. These and other risks are detailed in Lightbridge's SEC filings, and the company does not assume obligation to update forward-looking statements.

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