CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 86,689	$ 141,258
Restricted cash	8,429	4,929
Accounts receivable, net	57,908	34,548
Inventory	188,026	135,473
Derivative commodity asset	14	0
Prepaid expenses and other current assets	52,504	36,660
Assets held for sale, current	0	20,560
Total current assets	393,570	373,428
Fixed assets, net	272,310	201,749
Finance lease right-of-use assets	58,319	44,081
Operating lease right-of use assets	68,635	53,557
Intangible assets, net	10,768	11,827
Deferred taxes assets	0	2,498
Other assets	2,335	2,245
TOTAL ASSETS	805,937	689,385
Current liabilities
Accounts payable	32,001	20,997
Accrued expenses	104,196	81,711
Finance lease liability-current	1,916	1,363
Operating lease liability-current	13,137	9,012
Current portion of long-term debt, net	9,609	13,911
Obligations under inventory financing agreement, net	106,905	117,939
Derivative commodity liability	0	242
Liabilities held for sale, current	0	3,424
Total current liabilities	267,764	248,599
Long-term debt, net	161,470	170,010
Finance lease liability-long-term	59,325	45,164
Operating lease liability-long-term	55,498	44,545
Deferred tax liabilities	16,261	0
Derivative warrant liability	23,455	14,270
Other liabilities	1,377	1,377
Total liabilities	585,150	523,965
COMMITMENTS AND CONTINGENCIES (Note 4)	0	0
EQUITY
Common stock, $0.001 par value per share; 750,000,000 shares authorized; 75,834,826 and 75,668,826 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively.	76	76
Additional paid-in capital	280,126	279,552
Accumulated deficit	(62,030)	(115,893)
Total Vertex Energy, Inc. shareholders' equity	218,172	163,735
Non-controlling interest	2,615	1,685
Total equity	220,787	165,420
TOTAL LIABILITIES, TEMPORARY EQUITY, AND EQUITY	$ 805,937	$ 689,385