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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenues $ 691,142 $ 74,537
Cost of revenues (exclusive of depreciation and amortization shown separately below) 619,352 60,990
Depreciation and amortization attributable to costs of revenues 4,337 1,027
Gross profit 67,453 12,520
Operating expenses:    
Selling, general and administrative expenses (exclusive of depreciation and amortization shown separately below) 41,942 12,149
Depreciation and amortization attributable to operating expenses 1,016 409
Total operating expenses 42,958 12,558
Income (loss) from operations 24,495 (38)
Other income (expense):    
Other income 1,653 472
Loss on change in value of derivative warrant liability (9,185) (3,579)
Interest expense (12,477) (4,221)
Total other expense (20,009) (7,328)
Income (loss) from continuing operations before income tax 4,486 (7,366)
Income tax benefit (expense) (1,013) 0
Income (loss) from continuing operations 3,473 (7,366)
Income from discontinued operations, net of tax (see note 23) 50,340 6,557
Net income (loss) 53,813 (809)
Net loss attributable to non-controlling interest and redeemable non-controlling interest from continuing operations (50) (68)
Net income attributable to non-controlling interest and redeemable non-controlling interest from discontinued operations 0 3,807
Net income (loss) attributable to Vertex Energy, Inc. 53,863 (4,548)
Accretion of redeemable noncontrolling interest to redemption value from continued operations 0 (421)
Net income (loss) attributable to common shareholders from continuing operations 3,523 (7,719)
Net income attributable to common shareholders from discontinued operations, net of tax 50,340 2,750
Net income (loss) attributable to common shareholders, basic 53,863 (4,969)
Net income (loss) attributable to common shareholders diluted $ 53,863 $ (4,969)
Basic income (loss) per common share    
Continuing operations (in dollars per share) $ 0.05 $ (0.12)
Discontinued operations, net of tax (in dollars per share) 0.66 0.04
Basic income (loss) per common share (in dollars per share) 0.71 (0.08)
Diluted income (loss) per common share    
Continuing operations (in dollars per share) 0.04 (0.12)
Discontinued operations, net of tax (in dollars per share) 0.64 0.04
Diluted income (loss) per share (in dollars per share) $ 0.68 $ (0.08)
Shares used in computing earnings per share    
Basic (in shares) 75,689 63,372
Diluted (in shares) 78,996 63,372