Verde Clean Fuels posts Q3 net loss of $2.3 million

Reuters
2025.11.13 21:17
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Verde Clean Fuels Inc. reported a Q3 2025 net loss of $2.3 million, or $0.06 per diluted share. For the nine months ending September 30, 2025, the net loss was $7.6 million, or $0.21 per diluted share. The company held $59.4 million in cash, no debt, and had $3.3 million in construction progress, with $9.3 million in capitalized costs for the Permian Basin project, offset by $6.0 million in reimbursable costs from Cottonmouth.