$VTNRQ

2018 Q4 Form 10-Q Financial Statement

#000162828018013661 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $41.80M $50.63M $41.35M
YoY Change 1.09% 55.94% 33.13%
Cost Of Revenue $36.88M $42.59M $33.36M
YoY Change 10.55% 48.43% 29.5%
Gross Profit $4.920M $8.040M $7.980M
YoY Change -38.35% 113.03% 50.57%
Gross Profit Margin 11.77% 15.88% 19.3%
Selling, General & Admin $5.260M $5.659M $5.410M
YoY Change -2.77% -23.41% 12.71%
% of Gross Profit 106.91% 70.38% 67.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.760M $1.800M $1.700M
YoY Change 3.53% 6.51% 672.73%
% of Gross Profit 35.77% 22.39% 21.3%
Operating Expenses $7.010M $7.465M $7.110M
YoY Change -1.41% 1.04% 11.44%
Operating Profit -$2.090M $574.1K $870.0K
YoY Change -340.23% -115.88% -180.56%
Interest Expense $2.050M $798.8K -$1.360M
YoY Change -250.74% 8.91% 8.8%
% of Operating Profit 139.14% -156.32%
Other Income/Expense, Net -$2.968M
YoY Change -546.16%
Pretax Income -$40.00K -$2.394M -$460.0K
YoY Change -91.3% -18.84% -80.75%
Income Tax $0.00 $0.00 -$270.0K
% Of Pretax Income
Net Earnings -$200.0K -$2.288M -$390.0K
YoY Change -48.72% -23.33% -83.75%
Net Earnings / Revenue -0.48% -4.52% -0.94%
Basic Earnings Per Share -$0.13
Diluted Earnings Per Share -$5.648K -$0.13 -$11.94K
COMMON SHARES
Basic Shares Outstanding 40.01M shares 35.14M shares 32.66M shares
Diluted Shares Outstanding 35.14M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.300M $1.800M $1.100M
YoY Change 18.18% 63.64% -35.29%
Cash & Equivalents $1.250M $1.740M $1.106M
Short-Term Investments
Other Short-Term Assets $4.900M $4.000M $1.800M
YoY Change 172.22% 48.15% -57.14%
Inventory $8.091M $6.646M $6.305M
Prepaid Expenses $2.741M $3.973M $1.772M
Receivables $9.028M $14.38M $11.29M
Other Receivables $200.0K $100.0K $0.00
Total Short-Term Assets $23.54M $26.98M $20.47M
YoY Change 15.0% 55.52% -3.37%
LONG-TERM ASSETS
Property, Plant & Equipment $46.89M $48.11M $48.62M
YoY Change -3.56% -3.0% -2.82%
Goodwill $0.00 $176.3K
YoY Change -100.0%
Intangibles $12.58M
YoY Change
Long-Term Investments
YoY Change
Other Assets $616.8K $694.1K $440.4K
YoY Change 40.04% 78.54% -15.02%
Total Long-Term Assets $60.62M $62.15M $63.83M
YoY Change -5.04% -4.29% -2.99%
TOTAL ASSETS
Total Short-Term Assets $23.54M $26.98M $20.47M
Total Long-Term Assets $60.62M $62.15M $63.83M
Total Assets $84.16M $89.13M $84.31M
YoY Change -0.17% 8.32% -3.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.792M $9.800M $7.826M
YoY Change 12.34% 0.0% -16.74%
Accrued Expenses $2.535M $2.493M
YoY Change 1.71%
Deferred Revenue
YoY Change
Short-Term Debt $3.845M $6.000M $4.600M
YoY Change -16.42% 62.16% 70.37%
Long-Term Debt Due $1.325M $2.167M $1.617M
YoY Change -18.04% -5.64% -83.24%
Total Short-Term Liabilities $17.00M $19.15M $16.95M
YoY Change 0.28% 18.0% -24.52%
LONG-TERM LIABILITIES
Long-Term Debt $14.40M $14.48M $13.53M
YoY Change 6.44% 13.6% 632.16%
Other Long-Term Liabilities $1.500M $4.500M $2.500M
YoY Change -40.0% 136.84% -43.18%
Total Long-Term Liabilities $14.40M $14.48M $13.53M
YoY Change 6.44% 13.6% 632.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.00M $19.15M $16.95M
Total Long-Term Liabilities $14.40M $14.48M $13.53M
Total Liabilities $33.17M $38.43M $32.96M
YoY Change 0.64% 24.36% 14.98%
SHAREHOLDERS EQUITY
Retained Earnings -$47.80M -$45.51M -$39.82M
YoY Change 20.05% 18.01% 42.41%
Common Stock $40.18K $38.84K $32.66K
YoY Change 23.02% 18.94% -1.49%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $27.37M $27.50M $27.99M
YoY Change
Total Liabilities & Shareholders Equity $84.16M $89.13M $84.31M
YoY Change -0.17% 8.32% -3.08%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income -$200.0K -$2.288M -$390.0K
YoY Change -48.72% -23.33% -83.75%
Depreciation, Depletion And Amortization $1.760M $1.800M $1.700M
YoY Change 3.53% 6.51% 672.73%
Cash From Operating Activities $4.970M -$2.780M -$570.0K
YoY Change -971.93% 72.67% -25.0%
INVESTING ACTIVITIES
Capital Expenditures -$690.0K -$240.0K -$290.0K
YoY Change 137.93% -71.76% -116.11%
Acquisitions
YoY Change
Other Investing Activities -$10.00K -$80.00K $30.00K
YoY Change -133.33% -33.33% -103.61%
Cash From Investing Activities -$690.0K -$330.0K -$260.0K
YoY Change 165.38% -65.98% -126.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.260M 3.230M 810.0K
YoY Change -502.47% 85.63% -206.58%
NET CHANGE
Cash From Operating Activities 4.970M -2.780M -570.0K
Cash From Investing Activities -690.0K -330.0K -260.0K
Cash From Financing Activities -3.260M 3.230M 810.0K
Net Change In Cash 1.020M 120.0K -20.00K
YoY Change -5200.0% -114.29% -96.36%
FREE CASH FLOW
Cash From Operating Activities $4.970M -$2.780M -$570.0K
Capital Expenditures -$690.0K -$240.0K -$290.0K
Free Cash Flow $5.660M -$2.540M -$280.0K
YoY Change -2121.43% 234.21% -89.06%

Facts In Submission

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CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
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LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
99404 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
14774156 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
8833716 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1616926 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2167171 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13531179 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
14483702 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
399005 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
373592 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3851358 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2401954 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3544099 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2076882 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2388578 USD
CY2018Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
57500000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
409486 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-2983932 USD
us-gaap Net Income Loss
NetIncomeLoss
-8047846 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-2287880 USD
us-gaap Net Income Loss
NetIncomeLoss
-2016434 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
34554 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
94690 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-105970 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
76305 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3829125 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10572545 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4635372 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6652027 USD
CY2017Q4 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
2245408 USD
CY2018Q3 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
4370379 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
665214 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-19550 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2967933 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4521560 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-3614592 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-7933606 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
574083 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2581431 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
440417 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
694059 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1718090 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1842237 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1813904 USD
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1771832 USD
CY2018Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
3973105 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
16570929 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
4024964 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
1012444 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
1408206 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
297718 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6848 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-2949378 USD
us-gaap Profit Loss
ProfitLoss
-7953156 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
-2393850 USD
us-gaap Profit Loss
ProfitLoss
-1940129 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
65237652 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
66781807 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48619828 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48110588 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
34660 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
12013925 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2996556 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-39816300 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-45508871 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32470451 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
104153844 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50632948 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138918913 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7388582 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
21223406 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7465498 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
21902706 USD
us-gaap Share Based Compensation
ShareBasedCompensation
460475 USD
us-gaap Share Based Compensation
ShareBasedCompensation
494779 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
474000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
27985353 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
27504536 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28384358 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27878128 USD
CY2017Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
424480 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1267778 USD
CY2018Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
515698 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1444376 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
22959945 USD
CY2018Q3 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
22819964 USD
CY2017Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
420713 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1256921 USD
CY2018Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
1831794 USD
us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
3191217 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32655135 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32651961 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35144113 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33843721 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32655135 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32651961 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35144113 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33843721 shares
vtnr Cash Cash Equivalents And Restricted Cash Period Increase Decrease
CashCashEquivalentsAndRestrictedCashPeriodIncreaseDecrease
-2081319 USD
vtnr Cash Cash Equivalents And Restricted Cash Period Increase Decrease
CashCashEquivalentsAndRestrictedCashPeriodIncreaseDecrease
734558 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization After Year Five
DebtIssuanceCostsNetFutureAmortizationAfterYearFive
0 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization Remainderof Fiscal Year
DebtIssuanceCostsNetFutureAmortizationRemainderofFiscalYear
573912 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization Year Five
DebtIssuanceCostsNetFutureAmortizationYearFive
0 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization Year Four
DebtIssuanceCostsNetFutureAmortizationYearFour
0 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization Year Three
DebtIssuanceCostsNetFutureAmortizationYearThree
0 USD
CY2018Q3 vtnr Debt Issuance Costs Net Future Amortization Year Two
DebtIssuanceCostsNetFutureAmortizationYearTwo
191298 USD
vtnr Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Changein Valuation
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityChangeinValuation
-2676902 USD
vtnr Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Changein Valuation
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityChangeinValuation
2124971 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principal Remainderof Fiscal Year
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalRemainderofFiscalYear
8259804 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principalafter Year Five
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalafterYearFive
0 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principalin Year Five
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalinYearFive
0 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principalin Year Four
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalinYearFour
123978 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principalin Year Three
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalinYearThree
99404 USD
CY2018Q3 vtnr Longterm Debtand Capital Lease Obligations Net Maturities Repaymentsof Principalin Year Two
LongtermDebtandCapitalLeaseObligationsNetMaturitiesRepaymentsofPrincipalinYearTwo
14582858 USD
vtnr Numberof Quartersof Cumulative Loss
NumberofQuartersofCumulativeLoss
12 quarter
CY2017Q3 vtnr Options To Purchase
OptionsToPurchase
3030249 shares
vtnr Options To Purchase
OptionsToPurchase
3030249 shares
CY2018Q3 vtnr Options To Purchase
OptionsToPurchase
3438837 shares
vtnr Options To Purchase
OptionsToPurchase
3438837 shares
CY2018Q3 vtnr Preferred Stock Termsof Conversion Beneficial Conversion Feature
PreferredStockTermsofConversionBeneficialConversionFeature
5737796 USD
vtnr Private Placement Fees
PrivatePlacementFees
1400000 USD
vtnr Release Of Common Shares From Escrow
ReleaseOfCommonSharesFromEscrow
1109 USD
vtnr Release Of Common Shares From Escrow
ReleaseOfCommonSharesFromEscrow
0 USD
CY2017Q3 vtnr Warrants To Purchase
WarrantsToPurchase
7353061 shares
vtnr Warrants To Purchase
WarrantsToPurchase
7353061 shares
CY2018Q3 vtnr Warrants To Purchase
WarrantsToPurchase
7353056 shares
vtnr Warrants To Purchase
WarrantsToPurchase
7353056 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassification of Prior Year Presentation</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to current period presentation. These reclassifications had no effect on the reported results of operations.&#160;</font></div></div>

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