---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-027233"
form_type: "8-K"
ticker: "VGAS"
cik: "0001841425"
company_name: "Verde Clean Fuels, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:32:49.468321+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Verde Clean Fuels reports FY2023 net loss per share of $(0.45); updates on Permian Basin JDA

## Summary
- Net loss attributable to Verde Clean Fuels of $2.74M vs net income of $2.72M in FY2022.
- Cash and cash equivalents of $28.8M as of Dec 31, 2023, up from $0.46M year-end 2022.
- Joint Development Agreement with Cottonmouth Ventures (Diamondback subsidiary) for 3,000 bpd gasoline facility from stranded natural gas.
- Company selecting FEED/EPC partners and in preliminary offtake discussions for D3 RINs, LCFS credits, and gasoline.

## SEC filing metadata
- accession: 0001213900-24-027233
- form_type: 8-K
- ticker: VGAS
- cik: 0001841425
- company_name: Verde Clean Fuels, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841425/000121390024027233/0001213900-24-027233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841425/000121390024027233/ea0202241-8k_verde.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-027233
- JSON: https://secwatch.observer/filing/0001213900-24-027233.json
- Plain text: https://secwatch.observer/filing/0001213900-24-027233.txt

## Key facts
- Earnings Releases
  Verde Clean Fuels, Inc. reported the year ended December 31, 2023 results: net income Net (loss) income attributable to Verde Clean Fuels, Inc. $ (2,743,588 ), EPS Loss per Share of Class A common stock $ (0.45 ).
  - Period: the year ended December 31, 2023
  - Net income: Net (loss) income attributable to Verde Clean Fuels, Inc. $ (2,743,588 )
  - EPS: Loss per Share of Class A common stock $ (0.45 )
  - Result: reported results
  source text: today reported full year 2023 GAAP diluted net loss per share of $(0.45).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841425/000121390024027233/0001213900-24-027233-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.