Verde Clean Fuels, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $165.0K | $181.0K | $128.0K | $145.0K | $183.0K | $91.0K | $173.0K | $85.8K |
| SG&A Expense | $2.4M | $2.7M | $2.8M | $3.1M | $3.0M | $2.7M | $3.0M | $2.8M |
| Operating Income | $-2.5M | $-2.9M | $-2.9M | $-3.2M | $-3.2M | $-2.8M | $-3.2M | $-2.9M |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-2.0M | $-2.3M | $-2.2M | $-2.6M | $-2.7M | $-2.5M | $-2.8M | $-2.5M |
| Income Tax Expense | $-106.0K | $46.0K | $104.0K | $-28.0K | $53.0K | $0 | $-13.9K | $0 |
| Net Income | $-907.0K | $-1.2M | $-1.2M | $-1.3M | $-1.2M | $-778.0K | $-903.7K | $-772.4K |
| Net Margin | — | — | — | — | — | — | — | — |
| EPS (Basic) | $-0.04 | $-0.05 | — | $-0.07 | $-0.08 | — | — | $-0.13 |
| EPS (Diluted) | $-0.04 | $-0.05 | — | $-0.07 | $-0.08 | — | — | $-0.13 |
| Shares Outstanding (Basic) | 22.1M | 22.1M | — | 18.8M | 14.8M | — | — | 6.2M |
| Shares Outstanding (Diluted) | 22.1M | 22.1M | — | 18.8M | 14.8M | — | — | 6.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |
Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it.