Verde Clean Fuels Q3 net loss $2.5M, appoints George Burdette as CFO

Verde Clean Fuels, Inc.

Net loss of $2.5M ($0.12 diluted EPS) for Q3; nine-month loss of $7.9M ($0.39 EPS).
Cash and equivalents $21.7M, no debt as of Sept 30, 2024.
Capitalized $0.7M of FEED costs for Permian Basin project with Diamondback Energy.
Appointed George Burdette as CFO in October 2024.
Proceeding with FEED for proposed Permian project, which could serve as a template.

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