Verde Clean Fuels Q1 net loss $(2.3)M; cash $54.3M, no debt; advancing strategic alternatives

Verde Clean Fuels, Inc.

• Net loss $(2.3)M ($0.05 diluted loss per share) vs $(2.7)M ($0.08) in Q1 2025.
• Cash and cash equivalents $54.3M, exceeding prior guidance of >$50M; no debt outstanding.
• Conducting strategic alternatives review to maximize shareholder value, including potential partnerships or M&A.
• Implementing cost savings initiatives targeting 50% reduction in 2026 costs vs 2025.
• Shares outstanding unchanged at 44.5M (Class A and Class C common stock).

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