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

Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity and StockBased Compensation (Details Narrative)

Stockholders Equity and StockBased Compensation (Details Narrative) - USD ($)				1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 08, 2021	Mar. 09, 2020	Aug. 02, 2016	Oct. 21, 2019	Jan. 30, 2018	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Jun. 28, 2021	Mar. 25, 2021	Oct. 28, 2020
Conversion of Stock, Shares Converted into common stock	1,846									6,327
Increased in common stock shares authorized											13,500,000
Increased in number of shares issued											650,000
Convertible restricted stock						243,800		243,800		243,800
Common stock, shares, outstanding						6,595,503		6,595,503		6,567,110
Fair vale of option issued								$ 125,000
Aggregate intrinsic value						$ 330,000		$ 330,000		$ 33,000
Total of common stock, outstanding shares								7,810,539
Additional common shares										49,862
Rate of dividend payable in kind			7.00%
Common stock, conversion basis								The Series B Preferred Shares outstanding as of June 30, 2021 and December 31, 2020 was 2,666,667 shares with an aggregate liquidation preference of approximately $5.0 million and $4.9 million, including the accumulated dividends at June 30, 2021 and December 31, 2020, respectively
Class of Warrant or Right, Outstanding						45,577		45,577		70,361
Preferred stock, conversion description								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
Stock options outstanding						563,734		563,734		515,847
Accumulated dividend (unpaid)								$ 1,100,000		$ 900,000
Weighted-average period								1 year 8 months 26 days
Preferred stock convertible amount								$ 17,173	$ 23,032
Issuance of stock option								0
Common stock, shares issued						6,595,503		6,595,503		6,567,110
Common stock, shares authorized						13,500,000		13,500,000		13,500,000
Fair value per share						$ 12.66		$ 12.66		$ 14.51
Short-Term Non-Qualified Options [Member] \| Directors, Officers and Employees [Member] \| Advisory board members[Member]
Contractual lives								10 years
Restricted Stock Units (RSUs) [Member]
Net unrecognized compensation cost						$ 508,000		$ 508,000
Compensation expected to be expensed						$ 219,000		$ 219,000
Convertible Series B Preferred Stock [Member]
Conversion of Stock, Shares Converted into common stock				222,222				222,222		222,222
Rate of dividend payable in kind					7.00%
Preferred stock convertible amount			$ 600,000					$ 6,200,000
Price per shares					$ 1.50					$ 28.08
Preferred Stock, Shares Outstanding						2,666,667		2,666,667		2,666,667
Aggregate liquidation preference								$ 2,600,000
Allocated amount								$ 3,700,000
Preferred stock, shares issued					2,666,667	2,666,667		2,666,667		2,666,667
Additional common shares						59,468		59,468
Common stock equivalents shares						810,539		810,539		7,748,505
Accrued dividend						$ 4,900,000.0		$ 4,900,000.0		$ 897,518
Series B Preferred Shares [Member] \| Convertible Stock [Member]
Allocated amount								3,700,000
Proceeds from issuance of warrants								4,000,000.0
Remaining value of warrant								$ 300,000
Series A Preferred Stock [Member]
Preferred stock, shares issued						683,852		683,852
Accrete dividend			$ 2.7451
Additional common shares						23,247		23,247		20,980
Additional deemed dividend			$ 0.5699
Common stock shares reserved for future issuance, Value						56,988		56,988		58,323
Convertible preferred stock, shares converted										699,878
Accrued dividend										$ 691,120
Series A Preferred Stock [Member] \| Securities Purchase Agreement [Member]
Conversion of Stock, Shares Converted into common stock	16,026		85,000							57,892
Common stock, shares, outstanding			255,000
Rate of dividend payable in kind			7.00%
Preferred stock convertible amount			$ 3,400,000
Price per shares			$ 2.75
Total deemed dividends						$ 49,000	$ 45,000	$ 97,000	90,000
Fair value per share			$ 39.78
Common stock shares reserved for future issuance, Value			$ 2,800,000
Preferred stock, shares issued			1,020,000
Amount of beneficial conversion feature			$ 2,800,000
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
Series B Preferred Stock [Member] \| Securities Purchase Agreement [Member] \| Preferred Stock Equity Offerings [Member]
Total deemed dividends						$ 9,000	$ 9,000	$ 19,000	$ 19,000
Fair value per share			3.315			$ 2.34		$ 2.34
Conversion price			2.7451			1.50		$ 1.50
Reverse stock split								one-for-twelve reverse stock split on October 21, 2019
Accrete dividend			$ 2.7451			0.84		$ 0.84
Consultants [Member]
Exercise price						$ 3.82		$ 3.82
Issuance of stock option								52,903
Common stock shares issued								5,347
Non-qualified stock options granted								200,826
Four Director [Member]
RSUs granted, value													$ 57,000
RSUs granted													21,200
General International Holdings, Inc [Member] \| Series B Preferred Stock [Member]
Rate of dividend payable in kind					7.00%
Class of Warrant or Right, Outstanding					55,555
Price per shares					$ 1.50					$ 28.08
Proceeds from issuance of warrants					$ 4,000,000.0
Preferred stock, shares issued					2,666,667
Conversion price					$ 18
Liquidation preference per share					1.50
PIK [Member]
Preferred Stock, Shares Outstanding						683,852		683,852		699,878
Aggregate liquidation preference								$ 2,600,000		$ 2,600,000
Accumulated dividend						$ 800,000		800,000		700,000
Vested Stock Options [Member]
Aggregate intrinsic value						352,000		352,000		$ 33,000
Non-vested stock options [Member]
Net unrecognized compensation cost						$ 29,000		$ 29,000
Omnibus Incentive Plan [Member]
Exercise price													$ 2.69
RSUs granted, value													$ 656,000
RSUs granted													243,800
Weighted average recognition period								2 years 3 months 25 days
2020 Equity Incentive Plan [Member]
Increase in number of shares		650,000
Common stock, shares issued											350,000
Common stock, shares authorized		350,000									8,333,333
New Atm Agreement [Member]
Increase in number of shares								500,000
Proceeds from issuance of shares								$ 2,700,000
Available-for-sale Securities [Member]
Agreement to sale of company's securities												$ 75,000,000
Aggregate offering price								$ 9,000,000
Maximum [Member]
Price per shares						$ 2.80		$ 2.80
Exercise price						75.60		$ 75.60
Contractual lives								9 years 2 months 12 days
Maximum [Member] \| Short-Term Non-Qualified Options [Member] \| Employees, Consultants and Directors [Member]
Exercise price						355.80		$ 355.80
Maximum [Member] \| Short-Term Non-Qualified Options [Member] \| Directors, Officers and Employees [Member] \| Advisory board members[Member]
Term of options								10 years
Maximum [Member] \| Consultants [Member] \| Short-Term Non-Qualified Options [Member] \| Advisory board members[Member]
Exercise price					$ 1.50	75.60		$ 75.60
Maturity date					Jan. 30, 2021
Maximum [Member] \| Chief Executive Officer [Member] \| Short-Term Non-Qualified Options [Member] \| Advisory board members[Member]
Contractual lives								8 years 4 months 24 days
Non-qualified stock options granted								362,908
Non-qualified stock options outstanding								127,299
Minimum [Member]
Price per shares						2.08		$ 2.08
Exercise price						3.82		$ 3.82
Contractual lives								3 years 9 months 18 days
Minimum [Member] \| Chief Executie Officer [Member] \| Short-Term Non-Qualified Options [Member] \| Advisory board members[Member]
Exercise price						$ 3.82		$ 3.82
Contractual lives								9 months 18 days