Verde Clean Fuels posts FY2024 net loss of $10.5M; closes $50M equity investment from Cottonmouth (Diamondback)

Verde Clean Fuels, Inc.

FY2024 net loss $10.5M ($0.53 diluted EPS); Q4 net loss $2.7M ($0.14 diluted EPS).
Cash and cash equivalents $19.0M as of Dec 31, 2024; no debt.
Closed $50M equity investment by Cottonmouth on Jan 29, 2025; total investments $70M over two years.
Advancing FEED for Permian Basin gas-to-gasoline project; $1.0M in FEED costs capitalized at year-end.

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