Short answer
Verde Clean Fuels, Inc. (VGAS) filed its Q1 2026 10-Q quarterly report on May 12, 2026 for the quarter ended Mar 31, 2026.
Q1 2026 key financials · XBRL
- Net income
- −$1M
- +3.2% YoY
- EPS (diluted)
- −$0.05
Source: XBRL data from the Verde Clean Fuels, Inc. (VGAS) Q1 2026 10-Q on SEC EDGAR. USD.
Verde Clean Fuels, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $0, unchanged YoY; no principal-business revenue generated
- Net loss $2.393M vs $2.704M YoY; operating loss $2.854M vs $3.181M
- G&A expenses $2.673M, down 11% YoY; R&D $181K, down 1%
- Cash $54.281M; operating cash use $2.617M vs $3.702M YoY
- Permian Basin Project suspended; capital-lite strategy targeting 50% 2026 cost reduction
Risk Factors
- No material changes to 2025 Form 10-K risk factors filed March 27, 2026
- Carried-forward risk of material adverse effects on operations or financial condition
- Unknown or currently immaterial risks could impair business or results
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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