SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) November 1, 2006

LIGHTBRIDGE, INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

DELAWARE (STATE OR OTHER JURISDIC- TION OF INCORPORATION)		000-21319 (COMMISSION FILE NUMBER)		04-3065140 (IRS EMPLOYER IDENTIFICATION NO.)

30 CORPORATE DRIVE, BURLINGTON, MASSACHUSETTS 01803

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE (781) 359-4000

NOT APPLICABLE

(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)

CHECK THE APPROPRIATE BOX BELOW IF THE FORM 8-K FILING IS INTENDED TO SIMULTANEOUSLY SATISFY THE FILING OBLIGATION OF THE REGISTRANT UNDER ANY OF THE FOLLOWING PROVISIONS:

		[   ]   WRITTEN COMMUNICATIONS PURSUANT TO RULE 425 UNDER THE SECURITIES ACT (17 CFR 230.425)

		[   ]   SOLICITING MATERIAL PURSUANT TO RULE 14a-12 UNDER THE EXCHANGE ACT (17 CFR 240.14a-12)

		[   ]   PRE-COMMENCEMENT COMMUNICATIONS PURSUANT TO RULE 14d-2(b) UNDER THE EXCHANGE ACT (17 CFR 240.14d-2(b))

		[   ]   PRE-COMMENCEMENT COMMUNICATIONS PURSUANT TO RULE 13e-4(c) UNDER THE EXCHANGE ACT (17 CFR 240.13e-4(c))

 

 

ITEM 2.02.   RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On November 1, 2006, we issued a press release reporting our third quarter 2006 results. A copy of the press release entitled “Lightbridge Announces Third Quarter 2006 Financial Results” is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

ITEM 8.01.   OTHER EVENTS.

On November 1, 2006, we announced that our Board of Directors authorized the repurchase of up to $15 million of shares of our common stock. We also announced that the repurchase program allows us, at our discretion, to make purchases in the open market or through private transactions from time to time depending on market conditions through December 31, 2008.

ITEM 9.01.   FINANCIAL STATEMENTS AND EXHIBITS.

(c) EXHIBITS.

     99.1      Press Release dated November 1, 2006, entitled “Lightbridge Announces Second Quarter 2006 Financial Results.”

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

November 1, 2006