Quarterly report pursuant to Section 13 or 15(d)

Prepaid Project Costs

v3.23.1
Prepaid Project Costs
3 Months Ended
Mar. 31, 2023
Prepaid Project Costs  
Prepaid Project Costs

Note 3. Prepaid Project Costs

 

In 2022, the Company entered into agreements with Idaho National Laboratory (INL), in collaboration with the DOE, to support the development of Lightbridge Fuel™. The Company made advanced payments for future project work totaling $0.4 million to Battelle Energy Alliance, LLC (“BEA”), DOE’s operating contractor for INL, as of March 31, 2023 and December 31, 2022.