Company: VGASW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001628280-25-015480
Chunk: 116

Company: Verde Clean Fuels, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 8
Chunk 116
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 Adjusted beginning balance12,775,901 -936 -2,573 (3,509)(11,672,536)- 1,103,365 Reversal of Intermediate original equity(12,775,901)-(936)-(2,573)3,509 11,672,536 - (1,103,365)Recapitalization transaction- 9,358,620936 22,500,0002,250 15,391,286 (4,793,142)25,487,723 36,089,053 Class A Sponsor earn out shares- -- -- 5,792,000 (5,792,000)- - Class C Sponsor earn out shares- -- -- 10,594,000 (10,594,000)- - Share-based compensation- -- -- 2,901,569 - - 2,901,569 Warrant exercise- 29,2163 -- 335,981 - - 335,984 Net loss- -- -- - (2,743,588)(7,757,688)(10,501,276)Balance – December 31, 2023$- 9,387,836$939 22,500,000$2,250 $35,014,836 $(23,922,730)$17,730,035 $28,825,330 

For The Year Ended December 31, 2024

Class ACommonClass CCommonAdditionalPaid InCapitalAccumulatedDeficitNoncontrollingInterestTotalStockholders’EquitySharesValuesSharesValuesBalance – December 31, 20239,387,836$939 22,500,000$2,250 $35,014,836 $(23,922,730)$17,730,035 $28,825,330 Settlement of Promissory Note40,9614 -- 409,608 - - 409,612 Conversion of restricted stock units120,82412 -- (12)- - - Share-based compensation-- -- 1,354,005 - - 1,354,005 Rebalancing of ownership percentage for issuance of Class A shares-- -- 114,903 - (114,903)- Adjustment of excise tax