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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Revenues $ 2,791,715,000 $ 207,760,000 $ 103,810,000
Cost of revenues (exclusive of depreciation and amortization shown separately below) 2,598,276,000 178,786,000 91,630,000
Depreciation and amortization attributable to costs of revenues 13,429,000 4,043,000 3,667,000
Gross profit 180,010,000 24,931,000 8,513,000
Operating expenses:      
Selling, general and administrative expenses 127,782,000 30,606,000 20,376,000
Loss on assets impairment 0 2,124,000 0
Depreciation and amortization attributable to operating expenses 3,673,000 1,681,000 1,645,000
Total operating expenses 131,455,000 34,411,000 22,021,000
Income (loss) from operations 48,555,000 (9,480,000) (13,508,000)
Other income (expense):      
Other income (expense) (306,000) 4,158,000 (125,000)
Gain (loss) on change in value of derivative warrant liability 7,821,000 (15,685,000) 1,639,000
Interest expense (79,911,000) (3,832,000) (980,000)
Total other income (expense) (72,396,000) (15,359,000) 534,000
Loss from continuing operations before income tax (23,841,000) (24,839,000) (12,974,000)
Income tax benefit 7,171,000 0 0
Loss from continuing operations (16,670,000) (24,839,000) (12,974,000)
Income from discontinued operations, net of tax 18,667,000 17,178,000 1,578,000
Net income (loss) 1,997,000 (7,661,000) (11,396,000)
Net income (loss) attributable to non-controlling interest and redeemable non-controlling interest from continuing operations (63,000) 207,000 364,000
Net income attributable to non-controlling interest and redeemable non-controlling interest from discontinued operations 6,882,000 10,496,000 276,000
Net loss attributable to Vertex Energy, Inc. (4,822,000) (18,364,000) (12,036,000)
Accretion of redeemable noncontrolling interest to redemption value (428,000) (1,992,000) (15,135,000)
Accretion of discount on Series B and B-1 Preferred Stock 0 (507,000) (1,688,000)
Dividends on Series B and B-1 Preferred Stock 0 258,000 (1,903,000)
Net loss attributable to stockholders from continuing operations (17,035,000) (27,287,000) (32,064,000)
Net income available to stockholders from discontinued operations, net of tax 11,785,000 6,682,000 1,302,000
Net loss attributable to common stockholders $ (5,250,000) $ (20,605,000) $ (30,762,000)
Basic income (loss) per common share      
Continuing operations (in dollars per share) $ (0.24) $ (0.48) $ (0.70)
Discontinued operations, net of tax (in dollars per share) 0.17 0.12 0.03
Basic loss per common share (in dollars per share) (0.07) (0.36) (0.67)
Diluted income (loss) per common share      
Continuing operations (in dollars per share) (0.24) (0.48) (0.70)
Discontinued operations, net of tax (in dollars per share) 0.17 0.12 0.03
Diluted loss per common share (in dollars per share) $ (0.07) $ (0.36) $ (0.67)
Shares used in computing income (loss) per share      
Basic (in shares) 70,686 56,303 45,509
Diluted (in shares) 70,686 56,303 45,509