Company: VGASW
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001628280-25-040155
Chunk: 13

Company: Verde Clean Fuels, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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CommonAdditional  Paid InCapitalAccumulated Deficit Non controlling Interest Total Stockholders’ Equity SharesValuesSharesValuesBalance – March 31, 202522,049,621$2,205 22,500,000$2,250 $62,246,109 $(28,503,797)$33,996,136 $67,742,903 Share-based compensation-- -- 494,959 - - 494,959 Equity offering cost adjustment-- -- 55,987 - - 55,987 Net loss-- -- - (1,260,130)(1,285,869)(2,545,999)Balance – June 30, 202522,049,621$2,205 22,500,000$2,250 $62,797,055 $(29,763,927)$32,710,267 $65,747,850 

Condensed Consolidated Statement of Stockholders’ Equity for the Three Months Ended June 30, 2024

Class A CommonClass C CommonAdditional  Paid InCapitalAccumulated DeficitNon controlling InterestTotal Stockholders’ EquitySharesValuesSharesValuesBalance – March 31, 20249,428,797$943 22,500,000$2,250 $35,673,145 $(24,695,101)$15,973,323 $26,954,560 Conversion of restricted stock units120,82412 -- (12)- - - Share-based compensation-- -- 262,627 - - 262,627 Rebalancing of ownership percentage for issuance of Class A shares-- -- 114,903 - (114,903)- Net loss-- -- - (903,707)(1,928,013)(2,831,720)Balance – June 30, 20249,549,621$955 22,500,000$2,250 $36,050,663 $(25,598,808)$13,930,407 $24,385,467 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

3

VERDE CLEAN FUELS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(Unaudited)

Cond