2023 Q1 Form 10-Q Financial Statement

#000121390023040105 Filed on May 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.230M $279.9K
YoY Change 1411.31%
% of Gross Profit
Research & Development $82.66K $97.24K
YoY Change -14.99%
% of Gross Profit
Depreciation & Amortization $580.00 $0.00 $2.714K
YoY Change -78.63%
% of Gross Profit
Operating Expenses $82.66K $1.310M $279.9K
YoY Change -70.47% 241.93% 13421.26%
Operating Profit -$3.117M -$1.425M
YoY Change 118.7%
Interest Expense -$70.00K $1.470M $16.56K
YoY Change -522.71% -7910.84%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$3.120M $170.0K -$263.3K
YoY Change 1084.87% -142.29% 12620.77%
Income Tax $300.0K $0.00
% Of Pretax Income 176.47%
Net Earnings -$3.117M -$130.0K -$935.4K
YoY Change 233.24% -67.66% 45154.28%
Net Earnings / Revenue
Basic Earnings Per Share -$0.09
Diluted Earnings Per Share -$0.09 -$0.01 -$12.11K
COMMON SHARES
Basic Shares Outstanding 6.124M shares
Diluted Shares Outstanding 6.124M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.81M $177.9M $155.9K
YoY Change 22224.12% 35095.16% 270.47%
Cash & Equivalents $34.81M $128.0K $558.7K
Short-Term Investments $177.8M
Other Short-Term Assets $1.700M $0.00 $170.0K
YoY Change 900.0% -100.0% 534.33%
Inventory
Prepaid Expenses $1.571M $6.667K
Receivables
Other Receivables
Total Short-Term Assets $36.51M $134.6K $325.9K
YoY Change 11101.17% -81.52% 373.12%
LONG-TERM ASSETS
Property, Plant & Equipment $6.834K $7.414K
YoY Change
Goodwill
YoY Change
Intangibles $1.925M
YoY Change
Long-Term Investments $177.8M $174.2M
YoY Change 2.05%
Other Assets $1.925M $1.925M
YoY Change
Total Long-Term Assets $7.891M $178.3M $174.2M
YoY Change -95.47% 2.34% 64827.61%
TOTAL ASSETS
Total Short-Term Assets $36.51M $134.6K $325.9K
Total Long-Term Assets $7.891M $178.3M $174.2M
Total Assets $44.40M $178.4M $174.6M
YoY Change -74.57% 1.99% 51661.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $242.8K $2.857M $790.8K
YoY Change -69.3%
Accrued Expenses $995.3K $762.1K
YoY Change 215.47%
Deferred Revenue
YoY Change
Short-Term Debt $420.0K $2.000M $0.00
YoY Change -100.0%
Long-Term Debt Due $190.0K
YoY Change
Total Short-Term Liabilities $2.338M $7.418M $118.7K
YoY Change 1869.37% 2970.78% -62.79%
LONG-TERM LIABILITIES
Long-Term Debt $5.270M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.670M $4.300M $6.038M
YoY Change -72.34% -28.78%
Total Long-Term Liabilities $6.942M $1.384M $6.038M
YoY Change 14.98% -77.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.338M $7.418M $118.7K
Total Long-Term Liabilities $6.942M $1.384M $6.038M
Total Liabilities $9.280M $11.73M $6.156M
YoY Change 50.74% 86.82% 1829.61%
SHAREHOLDERS EQUITY
Retained Earnings -$21.75M -$10.87M
YoY Change 96.05%
Common Stock $936.00 $368.00
YoY Change 1836.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.17M -$10.87M -$6.481M
YoY Change
Total Liabilities & Shareholders Equity $44.40M $178.4M $174.6M
YoY Change -74.57% 1.99% 51661.9%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.117M -$130.0K -$935.4K
YoY Change 233.24% -67.66% 45154.28%
Depreciation, Depletion And Amortization $580.00 $0.00 $2.714K
YoY Change -78.63%
Cash From Operating Activities -$2.846M -$260.0K -$349.6K
YoY Change 714.11% 209.19% 1110.91%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.440M
YoY Change
Cash From Investing Activities -$1.440M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $37.20M 1.820M
YoY Change 3540.0%
NET CHANGE
Cash From Operating Activities -$2.846M -260.0K -349.6K
Cash From Investing Activities -1.440M
Cash From Financing Activities $37.20M 1.820M
Net Change In Cash $34.35M 120.0K $0.00
YoY Change -452.01% -100.0%
FREE CASH FLOW
Cash From Operating Activities -$2.846M -$260.0K -$349.6K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$2.846M -$260.0K
YoY Change

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-3117127 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-1425277 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2542666 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-574461 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1425277 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1103365 usd
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 usd
CY2023Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1103365 usd
CY2023Q1 cenqu Reversal Of Bcifh Original Equity
ReversalOfBCIFHOriginalEquity
-1103365 usd
CY2023Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
36089053 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2146792 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3117127 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35118718 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
792085 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-45898 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2846040 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-775903 usd
CY2023Q1 cenqu Pipe Proceeds
PIPEProceeds
32000000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
19031516 usd
CY2023Q1 cenqu Less Transaction Expenses
LessTransactionExpenses
10043793 usd
CY2023Q1 cenqu Bcf Holdings Capital Repayment
BCFHoldingsCapitalRepayment
3750000 usd
CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3719 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3069 usd
CY2023Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
12508 usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
22570 usd
CY2022Q1 cenqu Capital Contribution
CapitalContribution
1250000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37198926 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1246931 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
34352886 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
471028 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
463475 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87638 usd
CY2023Q1 cenqu Cenaq Operating Cash Balance Acquired
CENAQOperatingCashBalanceAcquired
91454 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34907815 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
558666 usd
CY2023Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
312446 usd
CY2023Q1 cenqu Noncash Impact Of Debt Issuance Through The Business Combination
NoncashImpactOfDebtIssuanceThroughTheBusinessCombination
409279 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-6786461 usd
CY2022Q1 cenqu Capital Contribution
CapitalContribution
1250000 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
602498 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1425277 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-6359240 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in">The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events.  Such estimates may be subject to change as more current information becomes available. Accordingly, the actual results could differ significantly from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b> </b></p>
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
100000 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt"><b>Concentration of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation limit of $250,000. As of March 31, 2023, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b> </b></p>
CY2023Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3117127 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1425277 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-1299000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
580 usd
CY2022Q1 us-gaap Depreciation
Depreciation
2714 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2146792 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
602498 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
36463 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1457643 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1433 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
51810 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
91493 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
792085 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-45898 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2846040 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-775903 usd
CY2023Q1 cenqu Pipe Proceeds
PIPEProceeds
32000000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
19031516 usd
CY2023Q1 cenqu Less Transaction Expenses
LessTransactionExpenses
10043793 usd
CY2023Q1 cenqu Bcf Holdings Capital Repayment
BCFHoldingsCapitalRepayment
3750000 usd
CY2023Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3719 usd
CY2022Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3069 usd
CY2023Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
12508 usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
22570 usd
CY2022Q1 cenqu Capital Contribution
CapitalContribution
1250000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37198926 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1246931 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
34352886 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
471028 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
463475 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87638 usd
CY2023Q1 cenqu Cenaq Operating Cash Balance Acquired
CENAQOperatingCashBalanceAcquired
91454 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34907815 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
558666 usd
CY2023Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
312446 usd
CY2023Q1 cenqu Noncash Impact Of Debt Issuance Through The Business Combination
NoncashImpactOfDebtIssuanceThroughTheBusinessCombination
409279 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
96738 usd
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
86120 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
418261 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
558860 usd
CY2023Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
416797 usd
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
107022 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
63548 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10117 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
995344 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
762119 usd
CY2023Q1 cenqu Gross Amount
GrossAmount
1925151 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1925151 usd
CY2023Q1 cenqu Percentage Of Receive
percentageOfReceive
0.10 pure
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2146792 usd
CY2023Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1299000 usd
CY2023Q1 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
1 pure
CY2023Q1 us-gaap Business Combination Acquired Receivables Description
BusinessCombinationAcquiredReceivablesDescription
The Business Combination includes:  ●Holdings contributing 100% of the issued and outstanding limited liability company interests of Intermediate to OpCo in exchange for 22,500,000 Class C OpCo Units and an equal number of shares of Class C common stock;     ● The issuance and sale of 3,200,000 shares of Class A common stock for a purchase price of $10.00 per share, for an aggregate purchase price of $32,000,000 in the PIPE Financing pursuant to the Subscription Agreements;   ●Delivery of $19,031,516 of proceeds from CENAQ’s Trust Account related to non-redeeming Holders of 1,846,120 of Class A common stock; and  ●Repayment of $3,750,000 of capital contributions made by Holdings since December 2021 and payment of $10,043,793 of transaction expenses including deferred underwriting fees of $1,700,000
CY2023Q1 us-gaap Other Ownership Interests Units Issued
OtherOwnershipInterestsUnitsIssued
31858620 shares
CY2023Q1 cenqu Total Shares Of Common Stock At Closing Shares
TotalSharesOfCommonStockAtClosingShares
31858620 shares
CY2023Q1 cenqu Total Shares Of Common Stock At Closing Percentage Of Common Stock
TotalSharesOfCommonStockAtClosingPercentageOfCommonStock
1 pure
CY2023Q1 cenqu Total Diluted Shares At Closingincluding Shares Above Share
TotalDilutedSharesAtClosingincludingSharesAboveShare
35358620 shares
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
91454 usd
CY2023Q1 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
3750000 usd
CY2023Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
184612 usd
CY2023Q1 us-gaap Other Notes Payable
OtherNotesPayable
409612 usd
CY2023Q1 us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
3500000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in">The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events.  Such estimates may be subject to change as more current information becomes available. Accordingly, the actual results could differ significantly from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b> </b></p>
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
100000 usd
CY2023Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt"><b>Concentration of Credit Risk</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.25in">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation limit of $250,000. As of March 31, 2023, the Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><b> </b></p>
CY2023Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q1 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
762119 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
96738 usd
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
86120 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
418261 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
558860 usd
CY2023Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
416797 usd
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
107022 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
63548 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10117 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
995344 usd
CY2022Q4 us-gaap Business Combination Control Obtained Description
BusinessCombinationControlObtainedDescription
the Company entered into a 25-year land lease in Maricopa, Arizona with the intent of building a biofuel processing facility. The commencement date of the lease is in February of 2023 as control of the identified asset did not transfer to the Company on the effective date of the lease. As such, the Company did not record a ROU asset nor a lease liability as of December 31, 2022, specific to the land lease. Construction of the facility is expected to commence in fiscal year 2024 and the Company expects to incur an asset retirement obligation throughout the construction period as the Company is obligated to return the land to its original state upon exit of the lease. The fair value of the asset retirement obligation is zero as of March 31, 2023 and December 31, 2022, as construction has not commenced. The present value of the minimum lease payments exceeds the fair value of the land, and, accordingly, the lease is classified as a finance lease under ASC 842. The lease expires in 2047 and contains a single four-year renewal option. The exercise of the lease renewal is at the Company’s discretion; however, management is not reasonably expected to exercise the option; thus, the option is not included within the lease term. Renewal periods are included in the expected lease term only if they are reasonably certain of being exercised by the Company.
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36462 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
67825 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
104287 usd
CY2023Q1 us-gaap Operating Leases Income Statement Initial Direct Costs
OperatingLeasesIncomeStatementInitialDirectCosts
60179 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
35146 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
199613 usd
CY2022Q1 us-gaap Operating Leases Income Statement Initial Direct Costs
OperatingLeasesIncomeStatementInitialDirectCosts
58030 usd
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
38947 usd
CY2022Q1 us-gaap Lease Cost
LeaseCost
96977 usd
CY2023Q1 cenqu Gross Amount
GrossAmount
1925151 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1925151 usd
CY2023Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
11461 usd
CY2022Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
11461 usd
CY2022Q1 cenqu Less Transaction Expenses
LessTransactionExpenses
usd
CY2023Q1 cenqu Percentage Of Receive
percentageOfReceive
0.10 pure
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2146792 usd
CY2023Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1299000 usd
CY2023Q1 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
1 pure
CY2023Q1 us-gaap Business Combination Acquired Receivables Description
BusinessCombinationAcquiredReceivablesDescription
The Business Combination includes:  ●Holdings contributing 100% of the issued and outstanding limited liability company interests of Intermediate to OpCo in exchange for 22,500,000 Class C OpCo Units and an equal number of shares of Class C common stock;     ● The issuance and sale of 3,200,000 shares of Class A common stock for a purchase price of $10.00 per share, for an aggregate purchase price of $32,000,000 in the PIPE Financing pursuant to the Subscription Agreements;   ●Delivery of $19,031,516 of proceeds from CENAQ’s Trust Account related to non-redeeming Holders of 1,846,120 of Class A common stock; and  ●Repayment of $3,750,000 of capital contributions made by Holdings since December 2021 and payment of $10,043,793 of transaction expenses including deferred underwriting fees of $1,700,000
CY2023Q1 us-gaap Other Ownership Interests Units Issued
OtherOwnershipInterestsUnitsIssued
31858620 shares
CY2023Q1 cenqu Total Shares Of Common Stock At Closing Shares
TotalSharesOfCommonStockAtClosingShares
31858620 shares
CY2023Q1 cenqu Total Shares Of Common Stock At Closing Percentage Of Common Stock
TotalSharesOfCommonStockAtClosingPercentageOfCommonStock
1 pure
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
91454 usd
CY2023Q1 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
3750000 usd
CY2023Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1914 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1914 usd
CY2023Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
36048 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
36048 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49423 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
49423 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
42589 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
42009 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6834 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7414 usd
CY2023Q1 us-gaap Depreciation
Depreciation
580 usd
CY2022Q1 us-gaap Depreciation
Depreciation
2714 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
15
CY2023Q1 cenqu Earnout Consideration Vested Price
EarnoutConsiderationVestedPrice
18
CY2023Q1 cenqu Earnout Consideration Share Price
EarnoutConsiderationSharePrice
15
CY2023Q1 cenqu Measurement Share Price
MeasurementSharePrice
18
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
10594000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.50 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M17D
CY2023Q1 cenqu Compound Annual Growth Rate
CompoundAnnualGrowthRate
0.047 pure
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.147 pure
CY2023Q1 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000 shares
CY2023Q1 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
1000 shares
CY2020Q3 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
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0.25 pure
CY2023Q1 cenqu Incentive Units Granted
IncentiveUnitsGranted
There were 800 Series A Incentive Units granted by Holdings in August of 2020 and 600 and 400 were unvested as of December 31, 2021 and 2022, respectively. As the award recipients resided on subsidiaries of Intermediate and provided service to the Company, the Company recognized $602,498 of compensation expense related to the awards during the three months ended March 31, 2022. 
CY2022Q4 us-gaap Shares Issued
SharesIssued
1000 shares
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
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CY2022Q3 cenqu Percentage Of Founders
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0.10 pure
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
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0.20 pure
CY2023Q1 us-gaap Class Of Warrant Or Right Reason For Issuing To Nonemployees
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The Business Combination was structured as a reverse merger and recapitalization which results in a common control arrangement where Holdings, the party that controls the reporting entity prior to the Business Combination, continues to control the Company immediately after the Business Combination.
CY2023Q1 us-gaap Common Stocks Including Additional Paid In Capital Net Of Discount
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CY2023Q1 us-gaap Warrants And Rights Outstanding
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CY2023Q1 cenqu Public Warrants
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3500000 usd
CY2022Q4 us-gaap Business Combination Control Obtained Description
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the Company entered into a 25-year land lease in Maricopa, Arizona with the intent of building a biofuel processing facility. The commencement date of the lease is in February of 2023 as control of the identified asset did not transfer to the Company on the effective date of the lease. As such, the Company did not record a ROU asset nor a lease liability as of December 31, 2022, specific to the land lease. Construction of the facility is expected to commence in fiscal year 2024 and the Company expects to incur an asset retirement obligation throughout the construction period as the Company is obligated to return the land to its original state upon exit of the lease. The fair value of the asset retirement obligation is zero as of March 31, 2023 and December 31, 2022, as construction has not commenced. The present value of the minimum lease payments exceeds the fair value of the land, and, accordingly, the lease is classified as a finance lease under ASC 842. The lease expires in 2047 and contains a single four-year renewal option. The exercise of the lease renewal is at the Company’s discretion; however, management is not reasonably expected to exercise the option; thus, the option is not included within the lease term. Renewal periods are included in the expected lease term only if they are reasonably certain of being exercised by the Company.
CY2023Q1 us-gaap Amortization Of Intangible Assets
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CY2023Q1 us-gaap Property Plant And Equipment Net
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CY2023Q1 us-gaap Depreciation
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CY2022Q1 us-gaap Depreciation
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
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CY2023Q1 cenqu Earnout Consideration Vested Price
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18
CY2023Q1 cenqu Earnout Consideration Share Price
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CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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10594000 usd
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0.50 pure
CY2022Q1 cenqu Bcf Holdings Capital Repayment
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CY2022Q1 us-gaap Repayments Of Related Party Debt
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CY2023Q1 cenqu Capital Contribution
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CY2023Q1 us-gaap Ownshare Lending Arrangement Shares Issued
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CY2023Q1 us-gaap Warrant Exercise Price Increase
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0.01
CY2023Q1 us-gaap Sale Of Stock Price Per Share
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions
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CY2022 us-gaap Investment Income Net
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CY2023Q1 us-gaap Deferred Tax Assets Other
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CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
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CY2023Q1 us-gaap Contract Termination Claims Us Federal Government
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2023Q1 cenqu Deferred Tax Impact Of Acquisition Of Bluescapein Dollars
DeferredTaxImpactOfAcquisitionOfBluescapeinDollars
12.3165 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.85 pure
CY2023Q1 cenqu Net Cash Saving Percentage
NetCashSavingPercentage
0.15 pure
CY2023Q1 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
50000000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0 pure
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y10M17D
CY2023Q1 cenqu Compound Annual Growth Rate
CompoundAnnualGrowthRate
0.047 pure
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.147 pure
CY2023Q1 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000 shares
CY2023Q1 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
1000 shares
CY2020Q3 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
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0.25 pure
CY2023Q1 cenqu Incentive Units Granted
IncentiveUnitsGranted
There were 800 Series A Incentive Units granted by Holdings in August of 2020 and 600 and 400 were unvested as of December 31, 2021 and 2022, respectively. As the award recipients resided on subsidiaries of Intermediate and provided service to the Company, the Company recognized $602,498 of compensation expense related to the awards during the three months ended March 31, 2022. 
CY2022Q4 us-gaap Shares Issued
SharesIssued
1000 shares
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1000 shares
CY2022Q3 cenqu Percentage Of Founders
PercentageOfFounders
0.10 pure
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
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0.20 pure
CY2023Q1 us-gaap Class Of Warrant Or Right Reason For Issuing To Nonemployees
ClassOfWarrantOrRightReasonForIssuingToNonemployees
The Business Combination was structured as a reverse merger and recapitalization which results in a common control arrangement where Holdings, the party that controls the reporting entity prior to the Business Combination, continues to control the Company immediately after the Business Combination.
CY2023Q1 us-gaap Common Stocks Including Additional Paid In Capital Net Of Discount
CommonStocksIncludingAdditionalPaidInCapitalNetOfDiscount
3509 usd
CY2023Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
15412479 usd
CY2023Q1 cenqu Public Warrants
PublicWarrants
12937479 shares
CY2023Q1 us-gaap Payments For Repurchase Of Private Placement
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2475000 usd
CY2023Q1 us-gaap Ownshare Lending Arrangement Shares Issued
OwnshareLendingArrangementSharesIssued
1 shares
CY2023Q1 us-gaap Warrant Exercise Price Increase
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0.01
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
18
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions
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0 pure
CY2022 us-gaap Investment Income Net
InvestmentIncomeNet
312446 usd
CY2023Q1 us-gaap Deferred Tax Assets Other
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8240626 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
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195311 usd
CY2023Q1 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
119186 usd
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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49145 usd
CY2023Q1 us-gaap Deferred Tax Assets Liabilities Net
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CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
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8365896 usd
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
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CY2023Q1 us-gaap Contract Termination Claims Us Federal Government
ContractTerminationClaimsUSFederalGovernment
234026 usd
CY2022Q4 us-gaap Contract Termination Claims Us Federal Government
ContractTerminationClaimsUSFederalGovernment
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 usd
CY2022Q1 cenqu Cenaq Operating Cash Balance Acquired
CENAQOperatingCashBalanceAcquired
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CY2022Q4 cenqu Common Stock Value1
CommonStockValue1
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CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.056 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.0263 pure
CY2023Q1 cenqu Deferred Tax Impact Of Acquisition Of Bluescapein Dollars
DeferredTaxImpactOfAcquisitionOfBluescapeinDollars
12.3165 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-12.4442 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.21 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.85 pure
CY2023Q1 cenqu Net Cash Saving Percentage
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0.15 pure
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50000000 usd
CY2023Q1 us-gaap Net Income Loss Allocated To Limited Partners
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CY2023Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
6124245 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6124245 shares
CY2023Q1 us-gaap Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
-0.09
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2023Q1 cenqu Total Antidilutive Instruments
TotalAntidilutiveInstruments
18687817 shares
CY2023Q1 cenqu Antidilutive Common Shares
AntidilutiveCommonShares
18687817 shares
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2023Q1 cenqu Intermediate Members Equity
IntermediateMembersEquity
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CY2023Q1 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-574461 usd
CY2023Q1 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
6124245 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6124245 shares
CY2023Q1 us-gaap Earnings Per Share Diluted Pro Forma Adjustment
EarningsPerShareDilutedProFormaAdjustment
-0.09
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2023Q1 cenqu Total Antidilutive Instruments
TotalAntidilutiveInstruments
18687817 shares
CY2023Q1 cenqu Antidilutive Common Shares
AntidilutiveCommonShares
18687817 shares
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2023Q1 cenqu Intermediate Members Equity
IntermediateMembersEquity
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CY2022Q4 us-gaap Common Stock Value
CommonStockValue
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CY2022Q4 cenqu Common Stock Value1
CommonStockValue1
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CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2022Q4 us-gaap Minority Interest
MinorityInterest
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CY2022Q1 cenqu Contingent Consideration Amount
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CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023Q1 cenqu Class A Sponsor Earn Out Shares
ClassASponsorEarnOutShares
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CY2023Q1 cenqu Class C Sponsor Earn Out Shares
ClassCSponsorEarnOutShares
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CY2022Q1 us-gaap Amortization Of Debt Discount Premium
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CY2023Q1 us-gaap Payments To Acquire Machinery And Equipment
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CY2022Q1 us-gaap Payments To Acquire Machinery And Equipment
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 cenqu Pipe Proceeds
PIPEProceeds
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CY2022Q1 us-gaap Proceeds From Repayments Of Related Party Debt
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CY2022Q1 cenqu Less Transaction Expenses
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CY2022Q1 cenqu Bcf Holdings Capital Repayment
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CY2022Q1 us-gaap Repayments Of Related Party Debt
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CY2022Q1 us-gaap Payments Of Financing Costs
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CY2023Q1 cenqu Capital Contribution
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CY2022Q4 us-gaap Minority Interest
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CY2023Q1 us-gaap Income Tax Expense Benefit
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CY2022Q1 us-gaap Income Tax Expense Benefit
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CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2023Q1 cenqu Class A Sponsor Earn Out Shares
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CY2023Q1 cenqu Class C Sponsor Earn Out Shares
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CY2022Q1 us-gaap Amortization Of Debt Discount Premium
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CY2023Q1 us-gaap Payments To Acquire Machinery And Equipment
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CY2022Q1 us-gaap Payments To Acquire Machinery And Equipment
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CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022Q1 cenqu Pipe Proceeds
PIPEProceeds
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CY2022Q1 cenqu Cenaq Operating Cash Balance Acquired
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CY2022Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
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CY2022Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
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CY2022Q1 cenqu Noncash Impact Of Debt Issuance Through The Business Combination
NoncashImpactOfDebtIssuanceThroughTheBusinessCombination
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CY2022Q1 cenqu Noncash Impact Of Debt Issuance Through The Business Combination
NoncashImpactOfDebtIssuanceThroughTheBusinessCombination
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CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
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CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
pure
CY2022 cenqu Deferred Tax Impact Of Acquisition Of Bluescapein Dollars
DeferredTaxImpactOfAcquisitionOfBluescapeinDollars
pure
CY2022 cenqu Deferred Tax Impact Of Acquisition Of Bluescapein Dollars
DeferredTaxImpactOfAcquisitionOfBluescapeinDollars
pure
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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shares
CY2023Q1 dei Amendment Flag
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false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001841425
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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shares
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001841425

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