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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenues $ 40,216,796 $ 25,045,243
Cost of revenues (exclusive of depreciation and amortization shown separately below) 38,565,484 22,808,703
Depreciation and amortization attributable to costs of revenues 114,053 112,497
Gross profit 1,537,259 2,124,043
Operating expenses:    
Selling, general and administrative expenses 8,782,395 2,858,062
Depreciation and amortization attributable to operating expenses 26,916 26,916
Total operating expenses 8,809,311 2,884,978
Loss from operations (7,272,052) (760,935)
Other income (expense):    
Other income 414,972 0
Gain on sale of assets 57,402 1,424
Loss on change in value of derivative warrant liability (3,578,947) (1,780,203)
Interest expense (4,229,884) (112,142)
Total other expense (7,336,457) (1,890,921)
Loss from continuing operations before income tax (14,608,509) (2,651,856)
Income tax benefit (expense) 0 0
Loss from continuing operations (14,608,509) (2,651,856)
Income from discontinued operations, net of tax 13,799,642 5,617,194
Net income (loss) (808,867) 2,965,338
Net income (loss) attributable to non-controlling interest and redeemable non-controlling interest from continuing operations (68,164) 382,666
Net income attributable to non-controlling interest and redeemable non-controlling interest from discontinued operations 3,806,753 1,608,303
Net income (loss) attributable to Vertex Energy, Inc. (4,547,456) 974,369
Accretion of redeemable noncontrolling interest to redemption value from continued operations (421,399) (373,748)
Accretion of discount on Series B and B1 Preferred Stock 0 (223,727)
Dividends on Series B and B1 Preferred Stock 0 258,138
Net loss available to shareholders from continuing operations (14,961,744) (3,373,859)
Net income available to shareholders from discontinued operations, net of tax 9,992,889 4,008,891
Net income (loss) available to common shareholders $ (4,968,855) $ 635,032
Basic income (loss) per common share    
Continuing operations (in dollars per share) $ (0.24) $ (0.07)
Discontinued operations, net of tax (in dollars per share) 0.16 0.08
Basic income (loss) per common share (in dollars per share) (0.08) 0.01
Diluted income (loss) per common share    
Continuing operations (in dollars per share) (0.24) (0.07)
Discontinued operations, net of tax (in dollars per share) 0.16 0.08
Diluted income (loss) per common share (in dollars per share) $ (0.08) $ 0.01
Shares used in computing earnings per share    
Basic (in shares) 63,372,005 47,709,450
Diluted (in shares) 63,372,005 49,006,195