CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 4,020,161	$ 6,017,076
Accounts receivable, net	7,897,650	9,936,948
Current portion of notes receivable, net	1,000,000	3,150,000
Inventory	3,847,157	12,620,616
Prepaid expenses	2,169,524	1,245,307
Costs in excess of billings	0	779,285
Total current assets	18,934,492	33,749,232
Noncurrent assets
Fixed assets, at cost	61,560,190	59,919,721
Less accumulated depreciation	(6,742,217)	(3,758,373)
Net fixed assets	54,817,973	56,161,348
Notes receivable	8,308,000	8,308,000
Intangible assets, net	17,687,897	18,512,960
Goodwill	4,922,353	4,922,353
Deferred financing cost, net	1,818,376	2,191,888
Deferred federal income tax	0	9,495,000
Other assets	481,450	481,450
Total noncurrent assets	88,036,049	100,072,999
TOTAL ASSETS	106,970,541	133,822,231
Current liabilities
Accounts payable and accrued expenses	12,893,323	21,984,136
Dividends payable	401,951	0
Capital leases	364,561	492,755
Current portion of long-term debt	4,773,042	40,136,584
Revolving note	659,893	0
Deferred revenue	0	463,210
Total current liabilities	19,092,770	63,076,685
Long-term liabilities
Long-term debt	21,644,605	1,867,574
Derivative liability	4,393,034	0
Contingent consideration	6,069,000	6,069,000
Deferred federal income tax	0	4,189,000
Total liabilities	$ 51,199,409	$ 75,202,259
Commitments and contingencies
TEMPORARY EQUITY
Series B Preferred shares, $0.001 par value per share: 10,000,000 shares authorized, 8,032,274 and 0 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively with a liquidation preference of $24,900,050 at September 30, 2015	$ 11,191,623	$ 0
EQUITY
Preferred stock, $0.001 par value per share: 50,000,000 shares authorized Series A Convertible Preferred stock, $0.001 par value, 5,000,000 authorized and 612,943 and 630,419 issued and outstanding with a liquidation preference of $913,285 and $939,324 at September 30, 2015 and December 31, 2014, respectively	613	630
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 28,214,276 and 28,108,105 issued and outstanding at September 30, 2015 and December 31, 2014, respectively	28,214	28,109
Additional paid-in capital	52,884,086	46,595,472
Retained earnings (accumulated deficit)	(8,333,404)	11,995,761
Total Vertex Energy, Inc. stockholders' equity	44,579,509	58,619,972
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	$ 106,970,541	$ 133,822,231