secwatch.observer — SEC 8-K summary
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Issuer:     Verde Clean Fuels, Inc. (VGAS)
CIK:        0001841425
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001213900-24-042954
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Clean Fuels reports Q1 2024 net loss of $2.5M; EPS $(0.13)
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- GAAP diluted net loss per share $(0.13); net loss attributable to Verde $772K vs $574K year ago.
- Cash and cash equivalents $25.9M at March 31, 2024; operating expenses $2.8M.
- Participating in DOE-funded consortium for green methanol; total project funding up to $500K.
- Continuing FEED/EPC selection process for Cottonmouth Ventures Permian Basin project.
- Preliminary discussions with potential offtake parties for D3 RINs, LCFS credits, and gasoline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841425/000121390024042954/0001213900-24-042954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841425/000121390024042954/ea0205377-8k_verde.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-042954

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer