Verde Clean Fuels, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-907.0K | $-1.2M | $-3.3M | $-1.2M | $-1.3M | $-1.2M | $-879.9K | $-778.0K |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $4.0K | $4.0K | $4.0K | $4.0K | $4.0K | $4.0K | $3.0K | $3.8K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $486.0K | $597.0K | $642.0K | $631.0K | $495.0K | $417.0K | $442.0K | $400.7K |
| Net Cash from Operating Activities | $-826.0K | $-2.6M | $-1.3M | $-1.7M | $-2.2M | $-3.7M | $-2.2M | $-1.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.0K | $458.0K | $3.2M | $2.4M | $1.5M | $473.0K | $1.1M | $892.7K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.0K | $-317.0K | $-899.0K | $-935.0K | $-540.0K | $-12.0K | $-404.0K | $101.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $0 | $0 | $0 | $0 | $-504.0K | $50.0M | $0 | $0 |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $-827.0K | $-3.1M | $-4.6M | $-4.1M | $-3.7M | $-4.2M | $-3.3M | $-2.5M |