$VTNRQ
VOICE POWERED TECHNOLOGY INTERNATIONAL INC

2021 Q2 Form 10-Q Financial Statement

#000162828021016307 Filed on August 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $30.23M $21.37M
YoY Change 41.42% -51.04%
Cost Of Revenue $28.16M $22.20M
YoY Change 26.85% -39.21%
Gross Profit $2.071M -$2.063M
YoY Change -200.38% -128.89%
Gross Profit Margin 6.85% -9.65%
Selling, General & Admin $4.177M $6.031M
YoY Change -30.74% 0.03%
% of Gross Profit 201.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.0K $1.720M
YoY Change -94.19% -3.37%
% of Gross Profit 4.83%
Operating Expenses $4.204M $6.504M
YoY Change -35.37% -16.71%
Operating Profit -$2.133M -$8.568M
YoY Change -75.1% 1182.82%
Interest Expense $139.0K $222.2K
YoY Change -37.44% -69.93%
% of Operating Profit
Other Income/Expense, Net -$17.43M -$320.8K
YoY Change 5332.17% -941.64%
Pretax Income -$19.56M -$8.888M
YoY Change 120.04% 1311.4%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$19.38M -$8.998M
YoY Change 115.33% 2005.03%
Net Earnings / Revenue -64.1% -42.1%
Basic Earnings Per Share -$0.38 -$0.25
Diluted Earnings Per Share -$0.38 -$0.25
COMMON SHARES
Basic Shares Outstanding 52.68M shares 45.55M shares
Diluted Shares Outstanding 52.68M shares 45.55M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.97M $17.80M
YoY Change -15.92% 3460.0%
Cash & Equivalents $14.97M $17.75M
Short-Term Investments
Other Short-Term Assets $1.425M $2.600M
YoY Change -45.19% 62.5%
Inventory $8.870M $3.813M
Prepaid Expenses $1.325M $2.499M
Receivables $18.38M $9.163M
Other Receivables $170.1K $0.00
Total Short-Term Assets $43.81M $33.33M
YoY Change 31.45% 70.47%
LONG-TERM ASSETS
Property, Plant & Equipment $46.68M $43.99M
YoY Change 6.13% -5.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.711M $1.219M
YoY Change 40.33% 97.69%
Total Long-Term Assets $91.30M $91.92M
YoY Change -0.68% -5.17%
TOTAL ASSETS
Total Short-Term Assets $43.81M $33.33M
Total Long-Term Assets $91.30M $91.92M
Total Assets $135.1M $125.3M
YoY Change 7.87% 7.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.38M $8.373M
YoY Change 83.71% 1.21%
Accrued Expenses $2.175M $2.950M
YoY Change -26.27% 25.66%
Deferred Revenue
YoY Change
Short-Term Debt $1.165M $0.00
YoY Change -100.0%
Long-Term Debt Due $6.215M $2.814M
YoY Change 120.84% 327.08%
Total Short-Term Liabilities $31.00M $21.49M
YoY Change 44.23% -7.5%
LONG-TERM LIABILITIES
Long-Term Debt $133.7K $7.440M
YoY Change -98.2% -46.85%
Other Long-Term Liabilities $47.77M $29.10M
YoY Change 64.14% -12.35%
Total Long-Term Liabilities $133.7K $7.440M
YoY Change -98.2% -46.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $31.00M $21.49M
Total Long-Term Liabilities $133.7K $7.440M
Total Liabilities $79.58M $59.15M
YoY Change 34.53% -16.88%
SHAREHOLDERS EQUITY
Retained Earnings -$109.4M -$79.98M
YoY Change 36.81% 45.14%
Common Stock $59.91K $45.56K
YoY Change 31.51% 12.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.44M $14.30M
YoY Change
Total Liabilities & Shareholders Equity $135.1M $125.3M
YoY Change 7.87% 7.53%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$19.38M -$8.998M
YoY Change 115.33% 2005.03%
Depreciation, Depletion And Amortization $100.0K $1.720M
YoY Change -94.19% -3.37%
Cash From Operating Activities $2.855M $590.0K
YoY Change 383.9% -76.59%
INVESTING ACTIVITIES
Capital Expenditures $159.0K -$1.090M
YoY Change -114.59% -33.94%
Acquisitions
YoY Change
Other Investing Activities -$1.884M -$1.800M
YoY Change 4.67% -2350.0%
Cash From Investing Activities -$1.725M -$2.890M
YoY Change -40.31% 84.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.412M 3.750M
YoY Change -62.35% -276.06%
NET CHANGE
Cash From Operating Activities 2.855M 590.0K
Cash From Investing Activities -1.725M -2.890M
Cash From Financing Activities 1.412M 3.750M
Net Change In Cash 2.542M 1.450M
YoY Change 75.31% -222.88%
FREE CASH FLOW
Cash From Operating Activities $2.855M $590.0K
Capital Expenditures $159.0K -$1.090M
Free Cash Flow $2.696M $1.680M
YoY Change 60.48% -59.71%

Facts In Submission

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us-gaap Temporary Equity Dividends Adjustment
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CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q1 us-gaap Preferred Stock Accretion Of Redemption Discount
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CY2021Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021Q2 vtnr Stock Unissued During Period Value Stock Options Exercised
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CY2021Q2 vtnr Stock Issued During Period Value Leverage Lubricants Contribution
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CY2021Q2 us-gaap Preferred Stock Accretion Of Redemption Discount
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CY2021Q2 vtnr Redeemable Noncontrolling Interest Equity Accretion Of Redemption Value
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CY2021Q2 us-gaap Profit Loss
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CY2021Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q1 us-gaap Minority Interest Decrease From Redemptions
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CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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163269 USD
CY2020Q1 vtnr Adjustments To Retained Earnings Reclassification From Noncontrolling Interests
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CY2020Q1 vtnr Conversion Of Preferred Stock To Common Value
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CY2020Q1 us-gaap Dividends Preferred Stock Cash
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CY2020Q1 us-gaap Preferred Stock Accretion Of Redemption Discount
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CY2020Q1 vtnr Redeemable Noncontrolling Interest Equity Accretion Of Redemption Value
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CY2020Q1 us-gaap Profit Loss
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CY2020Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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156539 USD
CY2020Q2 us-gaap Dividends Preferred Stock Cash
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CY2020Q2 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
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CY2020Q2 vtnr Redeemable Noncontrolling Interest Equity Accretion Of Redemption Value
RedeemableNoncontrollingInterestEquityAccretionOfRedemptionValue
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CY2020Q2 us-gaap Profit Loss
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CY2020Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gain Loss On Disposition Of Assets1
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1424 USD
us-gaap Gain Loss On Disposition Of Assets1
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12344 USD
us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
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us-gaap Fair Value Adjustment Of Warrants
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23287535 USD
us-gaap Fair Value Adjustment Of Warrants
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us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
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us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
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4484798 USD
us-gaap Gain Loss On Sale Of Commodity Contracts
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1960424 USD
us-gaap Gain Loss On Sale Of Commodity Contracts
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us-gaap Amortization Of Financing Costs And Discounts
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0 USD
us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Expense
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us-gaap Increase Decrease In Prepaid Expense
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us-gaap Increase Decrease In Accounts Payable
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4828808 USD
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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120577 USD
us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Other Operating Capital Net
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84953 USD
us-gaap Increase Decrease In Other Operating Capital Net
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378547 USD
us-gaap Net Cash Provided By Used In Operating Activities
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5046217 USD
us-gaap Net Cash Provided By Used In Operating Activities
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3712156 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1822690 USD
us-gaap Payments To Develop Software
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us-gaap Payments To Develop Software
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us-gaap Payments To Acquire Property Plant And Equipment
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2748528 USD
us-gaap Payments To Acquire Property Plant And Equipment
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1526379 USD
us-gaap Proceeds From Sale Of Productive Assets
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1600 USD
us-gaap Proceeds From Sale Of Productive Assets
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22844 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Finance Lease Principal Payments
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252175 USD
us-gaap Finance Lease Principal Payments
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162312 USD
us-gaap Proceeds From Stock Options Exercised
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2829228 USD
us-gaap Proceeds From Stock Options Exercised
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0 USD
us-gaap Proceeds From Minority Shareholders
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0 USD
us-gaap Proceeds From Minority Shareholders
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us-gaap Proceeds From Repayments Of Lines Of Credit
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1031737 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
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us-gaap Repayments Of Notes Payable
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us-gaap Repayments Of Notes Payable
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us-gaap Net Cash Provided By Used In Financing Activities
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1772279 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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4071568 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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13654601 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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4199825 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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15066737 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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17854426 USD
us-gaap Interest Paid Net
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483285 USD
us-gaap Interest Paid Net
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562259 USD
us-gaap Income Taxes Paid Net
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0 USD
us-gaap Income Taxes Paid Net
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vtnr Exchanges Of Stock Amount Converted
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4747250 USD
vtnr Exchanges Of Stock Amount Converted
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vtnr Preferred Stock Accretion Of Discount
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507282 USD
vtnr Preferred Stock Accretion Of Discount
PreferredStockAccretionOfDiscount
1471238 USD
CY2021Q2 us-gaap Dividends Payable Current And Noncurrent
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-258138 USD
CY2020Q2 us-gaap Dividends Payable Current And Noncurrent
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704716 USD
vtnr Noncontrolling Interest Adjustment To Carrying Amount
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0 USD
vtnr Noncontrolling Interest Adjustment To Carrying Amount
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9091068 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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761993 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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12348238 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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14966612 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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17754301 USD
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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100125 USD
CY2020Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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100125 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15066737 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17854426 USD
CY2021Q2 us-gaap Due From Related Parties
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170075 USD
us-gaap Asset Impairment Charges
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0 USD
CY2021Q2 us-gaap Asset Impairment Charges
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us-gaap Use Of Estimates
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<div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities, and reported amounts of revenue and expenses. Actual results could differ from these estimates. Any effects on the business, financial position or results of operations from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Reclassification of Prior Year PresentationCertain prior period amounts have been reclassified to conform to current period presentation. These reclassifications had no effect on the reported results of operations.
us-gaap Costs And Expenses Related Party
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us-gaap Costs And Expenses Related Party
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CY2020Q2 us-gaap Due From Related Parties
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CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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123278904 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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123278904 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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21374127 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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21374127 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q2 us-gaap Accounts Receivable Gross Current
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CY2020Q4 us-gaap Accounts Receivable Gross Current
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2021Q2 us-gaap Accounts Receivable Net Current
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18379672 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
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11138933 USD
CY2021Q2 us-gaap Debt Instrument Carrying Amount
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CY2020Q4 us-gaap Debt Instrument Carrying Amount
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CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Year One
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7891449 USD
CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Due Year Two
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595533 USD
CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Due Year Three
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159709 USD
CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Due Year Four
LongtermDebtandFinanceLeaseLiabilityDueYearFour
1321 USD
CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Due Year Five
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1371 USD
CY2021Q2 vtnr Longterm Debtand Finance Lease Liability Due After Year Five
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54322 USD
vtnr Options To Purchase
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vtnr Options To Purchase
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vtnr Warrants To Purchase
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vtnr Warrants To Purchase
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CY2021Q2 us-gaap Common Stock Shares Authorized
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CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
CY2021Q2 us-gaap Common Stock Shares Outstanding
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CY2021Q2 us-gaap Common Stock Shares Issued
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CY2021Q2 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.001
CY2021Q2 us-gaap Nonfinancial Liabilities Fair Value Disclosure
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20164443 USD
CY2020Q4 us-gaap Nonfinancial Liabilities Fair Value Disclosure
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330412 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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330412 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1969216 USD
vtnr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Value Of Warrants Exercised
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueOfWarrantsExercised
3453504 USD
vtnr Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Value Of Warrants Exercised
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityValueOfWarrantsExercised
0 USD
vtnr Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Changein Valuation
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityChangeinValuation
23287535 USD
vtnr Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Changein Valuation
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CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
20164443 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
381434 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q2 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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52904991 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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1393350 USD
CY2021Q2 us-gaap Gross Profit
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10896570 USD
CY2021Q2 us-gaap Selling General And Administrative Expense
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CY2021Q2 us-gaap Depreciation Amortization And Accretion Net
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482869 USD
CY2021Q2 us-gaap Operating Income Loss
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1587761 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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21374127 USD
CY2020Q2 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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22197805 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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1239564 USD
CY2020Q2 us-gaap Gross Profit
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CY2020Q2 us-gaap Selling General And Administrative Expense
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6030560 USD
CY2020Q2 us-gaap Depreciation Amortization And Accretion Net
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473897 USD
CY2020Q2 us-gaap Operating Income Loss
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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123278904 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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96251265 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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2741170 USD
us-gaap Gross Profit
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24286469 USD
us-gaap Selling General And Administrative Expense
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16752520 USD
us-gaap Depreciation Amortization And Accretion Net
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965738 USD
us-gaap Operating Income Loss
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6568211 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
57577556 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
49034659 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
2415986 USD
us-gaap Gross Profit
GrossProfit
6126911 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12731078 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
932033 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-7536200 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
vtnr Numberof Quartersof Cumulative Loss
NumberofQuartersofCumulativeLoss
12 quarter
CY2021Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
37900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13000000.0 USD
CY2021Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-8707 USD
CY2020Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-94214 USD
CY2021Q2 vtnr Finance Lease Cost
FinanceLeaseCost
103989 USD
CY2020Q2 vtnr Finance Lease Cost
FinanceLeaseCost
73552 USD
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22880 USD
CY2020Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
22019 USD
vtnr Finance Lease Cost
FinanceLeaseCost
207972 USD
vtnr Finance Lease Cost
FinanceLeaseCost
126673 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
49503 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
32938 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1500000 USD
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1500000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
3000000.0 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
3000000.0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
200000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
900000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
252175 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
162312 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5540226 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5086096 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4701368 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4405067 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4382817 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
29359282 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
53474856 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20332978 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
33141878 USD
vtnr Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 renewal_option
vtnr Adjustments To Retained Earnings Reclassification From Noncontrolling Interests
AdjustmentsToRetainedEarningsReclassificationFromNoncontrollingInterests
9091068 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
21000000 USD
CY2021Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
761994 USD

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