Verde Clean Fuels, Inc. (VGASW) Financial Statements (2026 and earlier)

Company Profile

Business Address 711 LOUISIANA STREET
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments57,215,00019,044,06728,779,177127,965505,518
Cash and cash equivalent57,215,00019,044,06728,779,177127,965505,518
Restricted cash and investments100,000100,000100,000  
Prepaid expense   373,3246,667223,144
Other current assets  804,186   
Other undisclosed current assets611,000226,157   
Total current assets:57,926,00020,174,41029,252,501134,632728,662
Noncurrent Assets
Operating lease, right-of-use asset173,000215,806524,813  
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization62,0001,096,27062,505  
Intangible asset, including goodwill, after accumulated amortization1,925,0001,925,1511,925,151  
Intangible asset, excluding goodwill, after accumulated amortization1,925,0001,925,1511,925,151  
Deposits noncurrent assets161,000160,669160,669  
Asset, held-in-trust    177,790,585174,229,680
Deferred costs    511,760 
Total noncurrent assets:2,321,0003,397,8962,673,138178,302,345174,229,680
TOTAL ASSETS:60,247,00023,572,30631,925,639178,436,977174,958,342
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,891,0002,641,5392,161,1555,029,363241,579
Accounts payable985,000734,374184,343  
Accrued liabilities906,0001,907,1651,976,812319,809241,579
Other undisclosed accounts payable and accrued liabilities    4,709,554 
Derivative instruments and hedges, liabilities    119,186 
Other liabilities35,00015,129   
Due to related parties✕✕✕✕1,950,000 
Other undisclosed current liabilities174,000153,917297,380319,809 
Total current liabilities:2,100,0002,810,5852,458,5357,418,358241,579
Noncurrent Liabilities
Liabilities, other than long-term debt12,00078,245232,1624,312,5006,037,500
Deferred compensation liability, classified    4,312,5006,037,500
Operating lease, liability12,00078,245232,162  
Other undisclosed noncurrent liabilities   409,612  
Total noncurrent liabilities:12,00078,245641,7744,312,5006,037,500
Total liabilities:2,112,0002,888,8303,100,30911,730,8586,279,079
Equity
Equity, attributable to parent, including:29,855,00010,245,81711,092,106(10,872,752)(5,545,737)
Common stock    36819
Additional paid in capital64,070,00037,502,90335,014,836  
Accumulated deficit(34,215,000)(27,257,086)(23,922,730)(10,873,202)(5,546,187)
Other undisclosed equity, attributable to parent    82431
Equity, attributable to noncontrolling interest28,276,00010,434,45417,730,035  
Other undisclosed equity4,0003,2053,189177,578,871174,225,000
Total equity:58,135,00020,683,47628,825,330166,706,119168,679,263
TOTAL LIABILITIES AND EQUITY:60,247,00023,572,30631,925,639178,436,977174,958,342

Income Statement (P&L) (USD)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Operating expenses(16,454,000)(11,656,842)(11,844,386)(5,715,022)(456,765)
Other undisclosed operating income   1,299,000  
Operating loss:(16,454,000)(11,656,842)(10,545,386)(5,715,022)(456,765)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		2,425,0001,193,273447,0742,448,510(17,820)
Interest and debt expense   (236,699)(7,363) 
Loss from continuing operations before equity method investments, income taxes:(14,029,000)(10,463,569)(10,335,011)(3,273,875)(474,585)
Other undisclosed income from continuing operations before income taxes    7,363 
Loss from continuing operations before income taxes:(14,029,000)(10,463,569)(10,335,011)(3,266,512)(474,585)
Income tax expense (benefit)(106,000)(51,465)(166,265)(431,632)94,557
Loss from continuing operations:(14,135,000)(10,515,034)(10,501,276)(3,698,144)(380,028)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(380,028)
Other undisclosed net loss     (94,557)
Net loss:(14,135,000)(10,515,034)(10,501,276)(3,698,144)(474,585)
Net income attributable to noncontrolling interest7,177,0007,180,6787,757,688  
Net loss available to common stockholders, diluted:(6,958,000)(3,334,356)(2,743,588)(3,698,144)(474,585)

Comprehensive Income (USD)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net loss:(14,135,000)(10,515,034)(10,501,276)(3,698,144)(474,585)
Comprehensive loss:(14,135,000)(10,515,034)(10,501,276)(3,698,144)(474,585)
Comprehensive income, net of tax, attributable to noncontrolling interest7,177,0007,180,6787,757,688  
Comprehensive loss, net of tax, attributable to parent:(6,958,000)(3,334,356)(2,743,588)(3,698,144)(474,585)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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