Every 10-K that VERDE RESOURCES INC (VRDR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow VRDR and want that one kind of document rather than the whole filing history, this is the page to keep. The company’s other filings, of every form, are on the full VRDR filings page.
World-first asphalt carbon credit, but can Verde Resources (VRDR) fund its biochar road plan?
Verde Resources, Inc. (VRDR) is repositioning as a carbon-focused road construction and building materials company built around its BioAsphalt™ system, which uses engineered biochar to create cold-mix, 100% recycled asphalt designed to sequester carbon and meet or exceed industry performance standards. The company has secured third-party validation from NCAT and carbon-credit certification from Puro.earth, and is commercializing primarily through an exclusive North American relationship with Ergon Asphalt & Emulsions, including an October 2025 license and a July 2026 Master Commercialization and Collaboration Agreement that makes Verde Ergon’s preferred engineered-biochar supplier. A Singapore pilot and exclusive-license framework is being pursued via an MoU with Highway International, while a dormant BioFraction biochar facility in Borneo is expected to restart around 2027 as demand develops. As of June 30, 2026, cash was modest and accumulated operating losses were significant, so operations remain dependent on raising additional equity or debt. Management concluded its indefinite-lived intangibles (including BioFraction IP) were not impaired, but disclosed multiple material weaknesses in internal control over financial reporting and is undertaking a multi-year remediation plan, including formalizing policies, adding finance resources and building independent board oversight.
Verde Resources (VRDR) amends 2025 annual report, details Ergon license and losses
Verde Resources, Inc. files an amended annual report for the year ended June 30, 2025 to update risk factors, Management’s Discussion and Analysis, and footnotes to the 2025 and 2024 consolidated financial statements in response to SEC comment letters.
The company describes its shift to a licensing-based, asset-light model built around proprietary low‑carbon road materials such as BioAsphalt™ and the Verde V24 cold mix biochar asphalt emulsifying agent. It highlights an exclusive North American license agreement with Ergon Asphalt & Emulsions, Inc., and plans to monetize certified carbon removal credits generated by biochar‑infused asphalt, while noting continued operating losses and dependence on key partners.
Verde Resources pivots to BioAsphalt with Ergon; 15‑month ramp
Verde Resources (VRDR) filed its annual report outlining a pivot to proprietary, carbon-integrated road materials and a licensing-led model. The company signed a 10-year exclusive license with Ergon Asphalt & Emulsions covering the United States, Canada and Mexico for products containing its Verde V24 cold mix biochar asphalt emulsifying agent, with an initial fifteen (15) month “go-to-market period” without minimum purchases and good‑faith negotiations on potential minimums beginning in 2027.
Verde highlights third‑party validation: issuance in April 2025 of a carbon removal credit certified by Puro.earth, and testing at the NCAT Test Track showing durability in July 2025 and lab results in September 2025 indicating its cold‑recycled mix met or exceeded industry specifications. Under the Ergon agreement, Ergon purchases Verde V24 at a fixed price (CPI‑adjusted) and receives forty percent (40%) of Verde’s share of carbon removal credits tied to qualifying mixes.
The company plans an asset‑light rollouting TerraZyme access under an MOU effective through December 2026. Verde discloses an obligation to fund $3 million to C‑Twelve by the end of July 2026 under its Joint Development Agreement. As of October 20, 2025, 1,269,280,891 shares of common stock were outstanding; non‑affiliate equity value was approximately $142,952,618.38 as of December 31, 2024
