CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 117,464	$ 36,130
Restricted cash	4,929	100,497
Accounts receivable, net	50,829	14,880
Inventory	169,772	8,031
Derivative commodity asset	1,219	96
Prepaid expenses and other current assets	33,337	4,567
Assets held for sale, current	11,651	10,070
Total current assets	390,202	174,271
Noncurrent assets
Fixed assets, at cost	198,088	62,196
Less accumulated depreciation	(33,371)	(26,043)
Fixed assets, net	164,717	36,153
Finance lease right-of-use assets	43,649	377
Operating lease right-of use assets	33,960	33,272
Intangible assets, net	12,803	6,652
Other assets	2,246	15,335
TOTAL ASSETS	647,577	266,060
Current liabilities
Accounts payable	70,906	11,980
Accrued expenses	42,650	4,942
Finance lease liability-current	1,155	342
Operating lease liability-current	6,421	5,849
Current portion of long-term debt, net	16,637	2,413
Obligations under inventory financing agreement, net	134,244	0
Total current liabilities	272,013	25,526
Liabilities Noncurrent
Long-term debt, net	167,665	64,131
Finance lease liability-long-term	44,339	256
Operating lease liability-long-term	27,539	27,423
Derivative warrant liability	14,303	75,211
Other liabilities	1,378	0
Total liabilities	527,237	192,547
COMMITMENTS AND CONTINGENCIES	0	0
TEMPORARY EQUITY
Redeemable non-controlling interest	0	43,447
Total temporary equity	0	43,447
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 75,608,826 and 63,287,965 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively.	76	63
Additional paid-in capital	278,930	138,620
Accumulated deficit	(160,354)	(110,614)
Total Vertex Energy, Inc. shareholders' equity	118,652	28,069
Non-controlling interest	1,688	1,997
Total equity	120,340	30,066
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	647,577	266,060
Receivables, Net, Current	$ 51,830	$ 14,880
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Series A Preferred Stock
EQUITY
Series A Convertible Preferred Stock, $0.001 par value; zero and 5,000,000 shares designated, zero and 385,601 shares issued and outstanding at September 30, 2022 and December 31, 2021, with a liquidation preference of $0 and $574,545 at September 30, 2022 and December 31, 2021.	$ 0	$ 0
Preferred stock, shares authorized (in shares)	0	5,000,000