Lightbridge Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity and Stock-Based Compensation (Details Narrative)

Stockholders' Equity and Stock-Based Compensation (Details Narrative) - USD ($)			1 Months Ended									3 Months Ended			6 Months Ended		12 Months Ended
	Feb. 06, 2017	Aug. 02, 2016	May 15, 2020	Feb. 10, 2020	Oct. 08, 2019	Jun. 29, 2019	Jun. 28, 2019	Jun. 27, 2019	Apr. 16, 2019	May 31, 2018	Jan. 30, 2018	Jun. 30, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Mar. 31, 2020	May 31, 2017	Mar. 25, 2015
Common stock, shares, outstanding												3,809,415			3,809,415		3,252,371
Common stock, conversion basis															The Series B Preferred Stock was initially convertible into 2,666,667 shares of common stock (now convertible into 222,222 shares of common stock when adjusted for the one-for-twelve reverse stock split on October 21, 2019).
Class of Warrant or Right, Outstanding												70,361			70,361		70,361
Stock options outstanding												508,762			508,762		518,551
Total stock and stock equivalents outstanding												4,741,087			4,741,087		4,175,164
Reverse stock split															1:12
Accumulated dividend (unpaid)															$ 600,000
Number of Awards Stock option outstanding												508,762			508,762		518,551
Number of Awards Vested												425,118			425,118		433,678	425,118
Number of options vested and expected to vest outstanding												29,000			29,000
Weighted average recognition period															1 year 8 months 27 days
Aggregate intrinsic value												$ 54,000			$ 54,000		$ 59,000
Series B Preferred Stock conversion description														The Company has the option of forcing the conversion of all or part of the Series B Preferred Stock if at any time the average closing price of the Company’s common stock for a thirty-trading day period is greater than $65.88 prior to August 2, 2019 or greater than $98.82 at any time. The Company can exercise this option only if it also requires the conversion of the Series A Preferred Stock in the same proportion as it is requiring of the Series B Preferred Stock.	The Company has the option of forcing the conversion of all or part of the Series B Preferred Stock if at any time the average closing price of the Company’s common stock for a thirty-trading day period is greater than $65.88 prior to August 2, 2019 or greater than $98.82 at any time. The Company can exercise this option only if it also requires the conversion of the Series A Preferred Stock in the same proportion as it is requiring of the Series B Preferred Stock.
Preferred stock convertible amount															$ 6,200,000
Common stock exercise price															$ 0.00
Fair value per share												$ 14.85			$ 14.85		$ 15.89
Common stock, shares authorized												8,333,333			8,333,333		8,333,333
Series A Preferred Stock [Member]
Preferred stock, shares issued												728,816			728,816		757,770
Accrete dividend		$ 2.7451										$ 0.84			$ 0.84
Additional deemed dividend		$ 0.5699
Common stock shares reserved for future issuance, Value												$ 60,735			$ 60,735		$ 63,148
Accrued dividend												626,185			626,185		556,390
Additional common share												19,009			19,009		16,890
Preferred stock, liquidation preference												2,600,000			2,600,000		$ 2,600,000
Total deemed dividends												$ 9,000	$ 9,000		$ 19,000	$ 19,000
Preferred Stock, Shares Outstanding												728,816			728,816		757,770
Series B Preferred Stock [Member]
Preferred stock convertible amount		$ 600,000
Preferred stock, shares issued												2,666,667			2,666,667		2,666,667
Conversion price												$ 32.94			$ 32.94		$ 32.94
Series B Preferred Stock conversion description															This amount was compared to the $3.7 million (rounded) of proceeds allocated to the Series B Preferred Stock to indicate that a beneficial conversion feature (“BCF”) of approximately $2.6 million existed at the date of issuance, which was immediately accreted as a deemed dividend because the conversion rights were immediately effective.
Conversion of Stock, Shares Converted																	757,770
Common stock shares reserved for future issuance, Value												$ 222,222			$ 222,222		$ 222,222
Additional common shares												40,583			40,583		31,621
Accrued dividend												$ 730,501			$ 730,501		$ 569,181
Convertible Preferred Stock, Shares Issued upon Conversion												62,158			62,158		63,148
Preferred stock, liquidation preference												$ 4,730,500			$ 4,730,500		$ 4,569,180
Preferred Stock, Shares Outstanding												2,666,667			2,666,667		2,666,667
Securities Purchase Agreement [Member] \| Series A Preferred Stock [Member]
Common stock, shares, outstanding		255,000
Common stock, conversion basis															The Series A Preferred Stock was initially convertible into 1,020,000 shares of common stock (now convertible into 85,000 common shares when adjusted for the one-for-twelve reverse stock split on October 21, 2019).
Preferred stock convertible amount		$ 3,400,000
Fair value per share		$ 39.78
Common stock shares reserved for future issuance, Value		$ 2,800,000
Preferred stock, shares issued		1,020,000
Rate of dividend payable in kind		7.00%
Price per share		$ 2.75
Number of shares reserved for future issuance		1,020,000
Average market price of common stock		$ 39.78
Preferred stock, liquidation preference per share		2.7451
Conversion price		32.94
Securities Purchase Agreement [Member] \| Series B Preferred Stock [Member] \| Preferred Stock Equity Offerings [Member]
Reverse stock split															One-for-twelve reverse stock split on October 21, 2019
Fair value per share		3.315										$ 2.34			$ 2.34
Conversion price		$ 2.7451										$ 1.50			$ 1.50
Preferred stock, liquidation preference												$ 4,700,000			$ 4,700,000		$ 4,600,000
Preferred Stock, Shares Outstanding												2,666,667			2,666,667		2,666,667
Accumulated dividend												$ 700,000			$ 700,000		$ 600,000
2019 and 2018 ATM Agreement [Member]
Sale of stock, number of shares								37,000							400,000
Proceeds from issuance of shares							$ 24,000								$ 2,900,000
New Atm Agreement [Member]
Aggregate offering price															13,500,000
2018 ATM agreement [Member]
Sale of stock, number of shares						15,000
Proceeds from issuance of shares															$ 66,000
2019 ATM Agreement [Member]
Sale of stock, number of shares															500,000
Proceeds from issuance of shares															$ 2,700,000
2015 Equity Incentive Plan [Member]
Common stock, shares authorized																				50,000
Common stock, shares authorized increased																			241,667	116,667
Investment Bank [Member]
Common shares issued under incentive plan										525,000
PIK dividend [Member]
Reverse stock split															One-for-twelve reverse stock split on October 21, 2019
Total cumulative deemed dividend												$ 45,000	$ 42,000		$ 90,000	$ 84,000
BCF [Member] \| PIK dividend [Member]
Exercise price												$ 18.00			$ 18.00
Common stock to be purchased in the offering												11,119			11,119
Monthly payments	$ 15,000
Introductory fee in percentage	7.00%
Warrants fees in percentage	5.00%
Offering price term	3 years
General International Holdings, Inc [Member] \| Series B Preferred Stock [Member]
Class of Warrant or Right, Outstanding											55,555
Common stock exercise price											$ 22.50
Rate of dividend payable in kind											7.00%
Price per share											$ 1.50	$ 28.08			$ 28.08
Conversion price											$ 18
Proceeds from issuance of warrants											$ 4,000,000
Retainer payment											$ 15,000
Liquidation preference per share											$ 1.50
Holder [Member] \| Series A Preferred Stock [Member]
Common stock, shares issued, conversion of preferred stock			1,847	1,255	2,922				2,782
Convertible preferred stock, shares converted			17,080	11,874	28,107				27,747
Short-Term Non-Qualified Options [Member] \| Employees, Consultants and Directors [Member] \| December 2, 2019 [Member]
Strike price												3.82			$ 3.82
Term of options granted, description															These options have a 10-year contractual term
Fair value per share												2.59			$ 2.59
Shares issued to consultant																	$ 4,247
Expected Term															5 years
Stock options granted, shares															86,982
Short-Term Non-Qualified Options [Member] \| Employees, Consultants and Directors [Member] \| Maximum [Member]
Exercise price												355.80			$ 355.80
Warrants [Member] \| Series B Preferred Stock [Member]
Proceeds from issuance of warrants															$ 4,000,000
Remaining value of warrant															300,000
Allocated amount															$ 3,700,000
Advisory board members[Member]
Non-qualified stock options granted															9,638
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Maximum [Member] \| Consultants [Member]
Exercise price											$ 1.50
Maturity date											Jan. 30, 2021
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Minimum [Member] \| Consultants [Member]
Exercise price												492			$ 492
Term of options															10 years
Contractual lives															8 months 12 days
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Directors, Officers and Employees [Member]
Non-qualified stock options granted															105,716
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Directors, Officers and Employees [Member] \| Maximum [Member]
Exercise price												$ 3.82			$ 3.82
Contractual lives															9 years 4 months 24 days
Term of options															10 years
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Chief Executive Officer [Member] \| Maximum [Member]
Contractual lives															9 years 4 months 24 days
Non-qualified stock options granted															393,408
Non-qualified stock options outstanding															128,010
Advisory board members[Member] \| Short-Term Non-Qualified Options [Member] \| Chief Executive Officer [Member] \| Minimum [Member]
Contractual lives															8 months 12 days