LOSS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of net loss used to compute basic net loss per share of Class A common stock:


	Three Months Ended March 31,
(in thousands, except share and per share amounts)	2026		2025
Net loss attributable to Verde Clean Fuels, Inc.	$	(1,207)	$	(1,247)
Basic weighted-average shares outstanding	22,070,453		14,808,300
Dilutive effect of share-based awards	-		-
Diluted weighted-average shares outstanding	22,070,453		14,808,300
Basic loss per share	$	(0.05)	$	(0.08)
Diluted loss per share	$	(0.05)	$	(0.08)

Schedule of Net Income Per Diluted Share were Anti-dilutive

The following amounts were not included in the calculation of net loss per diluted share for the periods presented because their effects were anti-dilutive:


	As of March 31,
(in shares)	2026	2025
Warrants	15,383,263	15,383,263
Sponsor earn out shares (1)	3,234,375	3,234,375

Stock options	5,276,414	3,224,193

Total anti-dilutive instruments	23,894,052	21,841,831

(1)Excludes 3,500,000 Class C earn out shares convertible into shares of Class A common stock. Shares of Class C common stock are not participating securities; thus, the application of the two-class method is not required. See Note 9 for further information.