2021 Q4 Form 10-Q Financial Statement

#000162828021022319 Filed on November 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $30.96M $28.97M $16.25M
YoY Change -77.07% 78.31% -57.01%
Cost Of Revenue $31.53M $28.19M $32.50M
YoY Change -9.66% -13.27% 0.39%
Gross Profit -$570.3K $786.2K $808.8K
YoY Change -103.53% -2.8% -80.11%
Gross Profit Margin -1.84% 2.71% 4.98%
Selling, General & Admin $5.621M $4.945M $1.832M
YoY Change -78.5% 169.9% -70.23%
% of Gross Profit 628.96% 226.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $154.4K $157.7K $1.790M
YoY Change -91.65% -91.19% -1.1%
% of Gross Profit 20.05% 221.31%
Operating Expenses $5.648M $4.972M $1.860M
YoY Change -78.4% 167.28% -71.86%
Operating Profit -$6.218M -$4.185M -$1.051M
YoY Change -47.61% 298.15% -58.64%
Interest Expense -$7.189M $352.6K $97.16K
YoY Change 1497.62% 262.9% -88.24%
% of Operating Profit
Other Income/Expense, Net -$62.00K $11.55M $23.00K
YoY Change 50132.54% -98.34%
Pretax Income -$15.59M $7.366M -$1.028M
YoY Change 430.38% -816.37% -11.27%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$8.323M $8.360M -$2.435M
YoY Change 145.52% -443.25% 123.07%
Net Earnings / Revenue -26.89% 28.85% -14.99%
Basic Earnings Per Share $0.13 -$0.10
Diluted Earnings Per Share -$131.4K $0.12 -$0.10
COMMON SHARES
Basic Shares Outstanding 63.28M shares 61.35M shares 45.55M shares
Diluted Shares Outstanding 64.61M shares 45.55M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.13M $12.11M $15.60M
YoY Change 231.47% -22.36% 578.26%
Cash & Equivalents $36.13M $12.11M $15.55M
Short-Term Investments
Other Short-Term Assets $189.0M $92.83M $4.700M
YoY Change 5626.94% 1875.17% -28.79%
Inventory $3.736M $2.402M $3.584M
Prepaid Expenses $4.280M $5.063M $4.597M
Receivables $5.297M $5.796M $9.091M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $234.2M $113.1M $32.93M
YoY Change 686.13% 243.64% 29.48%
LONG-TERM ASSETS
Property, Plant & Equipment $11.77M $14.58M $45.27M
YoY Change -11.37% -67.79% -1.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.77M $11.71M $1.424M
YoY Change 1364.41% 722.08% 130.93%
Total Long-Term Assets $31.91M $31.54M $92.23M
YoY Change -65.44% -65.8% -3.24%
TOTAL ASSETS
Total Short-Term Assets $234.2M $113.1M $32.93M
Total Long-Term Assets $31.91M $31.54M $92.23M
Total Assets $266.1M $144.7M $125.2M
YoY Change 117.9% 15.61% 3.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.216M $5.674M $8.276M
YoY Change 27.33% -31.44% 6.85%
Accrued Expenses $3.618M $2.185M $3.312M
YoY Change 119.41% -34.02% 45.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $2.413M $14.40M $4.867M
YoY Change -64.05% 195.82% 74.16%
Total Short-Term Liabilities $49.15M $62.40M $23.39M
YoY Change 87.65% 166.76% -11.23%
LONG-TERM LIABILITIES
Long-Term Debt $114.0K $124.1K $8.298M
YoY Change -97.98% -98.5% -34.45%
Other Long-Term Liabilities $0.00 $5.050M $28.30M
YoY Change -100.0% -82.16% -9.87%
Total Long-Term Liabilities $114.0K $124.1K $8.298M
YoY Change -97.98% -98.5% -34.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.15M $62.40M $23.39M
Total Long-Term Liabilities $114.0K $124.1K $8.298M
Total Liabilities $192.5M $67.57M $61.07M
YoY Change 216.64% 10.65% -14.06%
SHAREHOLDERS EQUITY
Retained Earnings -$110.6M -$101.5M -$84.32M
YoY Change 22.89% 20.34% 41.04%
Common Stock $63.00K $63.00K $45.56K
YoY Change 38.29% 38.3% 8.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $28.07M $35.49M $10.13M
YoY Change
Total Liabilities & Shareholders Equity $266.1M $144.7M $125.2M
YoY Change 117.9% 15.61% 3.66%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$8.323M $8.360M -$2.435M
YoY Change 145.52% -443.25% 123.07%
Depreciation, Depletion And Amortization $154.4K $157.7K $1.790M
YoY Change -91.65% -91.19% -1.1%
Cash From Operating Activities $6.363M -$1.726M -$2.360M
YoY Change -544.98% -26.88% -34.44%
INVESTING ACTIVITIES
Capital Expenditures -$84.75K -$199.0K -$2.640M
YoY Change -96.57% -92.46% 203.45%
Acquisitions
YoY Change
Other Investing Activities -$3.587M -$11.21M $10.00K
YoY Change -9067.85% -112178.2%
Cash From Investing Activities -$3.672M -$11.41M -$2.630M
YoY Change 51.73% 333.72% 202.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 121.7M 10.28M 2.790M
YoY Change -15315.36% 268.38% -55.5%
NET CHANGE
Cash From Operating Activities 6.363M -1.726M -2.360M
Cash From Investing Activities -3.672M -11.41M -2.630M
Cash From Financing Activities 121.7M 10.28M 2.790M
Net Change In Cash 124.4M -2.854M -2.200M
YoY Change -2775.58% 29.75% -222.22%
FREE CASH FLOW
Cash From Operating Activities $6.363M -$1.726M -$2.360M
Capital Expenditures -$84.75K -$199.0K -$2.640M
Free Cash Flow $6.448M -$1.527M $280.0K
YoY Change 520.0% -645.18% -110.26%

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us-gaap Income Tax Expense Benefit
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CY2020Q3 us-gaap Increase In Carrying Amount Of Redeemable Preferred Stock
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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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 Gain Loss On Disposition Of Assets1
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4489355 USD
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us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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us-gaap Net Cash Provided By Used In Discontinued Operations
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1217533 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11453279 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10995169 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4199825 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12212702 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15653104 USD
us-gaap Interest Paid Net
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843523 USD
us-gaap Interest Paid Net
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812887 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
us-gaap Income Taxes Paid Net
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0 USD
vtnr Exchanges Of Stock Amount Converted
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4747250 USD
vtnr Exchanges Of Stock Amount Converted
ExchangesOfStockAmountConverted
0 USD
vtnr Preferred Stock Accretion Of Discount
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507282 USD
vtnr Preferred Stock Accretion Of Discount
PreferredStockAccretionOfDiscount
1500395 USD
us-gaap Dividends Paidinkind
DividendsPaidinkind
-258138 USD
us-gaap Dividends Paidinkind
DividendsPaidinkind
1296493 USD
us-gaap Liabilities Assumed1
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650 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
us-gaap Capital Lease Obligations Incurred
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0 USD
us-gaap Capital Lease Obligations Incurred
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1017638 USD
vtnr Noncontrolling Interest Adjustment To Carrying Amount
NoncontrollingInterestAdjustmentToCarryingAmount
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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1176683 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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13635797 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12112577 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12112577 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10895044 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10895044 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
100125 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
100125 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
100125 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
100125 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12212702 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10995169 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2021Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
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 Revenue From Contract With Customer Excluding Assessed Tax
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30460606 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
564175 USD
us-gaap Costs And Expenses Related Party
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56971 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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28974471 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28974471 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
84823476 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
84823476 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16249312 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16249312 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30460606 USD
CY2021Q3 us-gaap Accounts Receivable Gross Current
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6779049 USD
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
5211621 USD
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
982565 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
352774 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
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5796484 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4858847 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
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14931213 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
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12920326 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
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62500 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
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0 USD
CY2021Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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14868713 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
12920326 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Year One
LongtermDebtandFinanceLeaseLiabilityYearOne
14807090 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Two
LongtermDebtandFinanceLeaseLiabilityDueYearTwo
39616 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Three
LongtermDebtandFinanceLeaseLiabilityDueYearThree
27780 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Four
LongtermDebtandFinanceLeaseLiabilityDueYearFour
1340 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Five
LongtermDebtandFinanceLeaseLiabilityDueYearFive
1391 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due After Year Five
LongtermDebtandFinanceLeaseLiabilityDueAfterYearFive
53996 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
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62500 USD
CY2021Q3 vtnr Long Term Debt And Finance Lease Liability Year One After Debt Issuance Costs
LongTermDebtAndFinanceLeaseLiabilityYearOneAfterDebtIssuanceCosts
14744590 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Two
LongtermDebtandFinanceLeaseLiabilityDueYearTwo
39616 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Three
LongtermDebtandFinanceLeaseLiabilityDueYearThree
27780 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Four
LongtermDebtandFinanceLeaseLiabilityDueYearFour
1340 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due Year Five
LongtermDebtandFinanceLeaseLiabilityDueYearFive
1391 USD
CY2021Q3 vtnr Longterm Debtand Finance Lease Liability Due After Year Five
LongtermDebtandFinanceLeaseLiabilityDueAfterYearFive
53996 USD
CY2021Q3 vtnr Options To Purchase
OptionsToPurchase
915179 shares
CY2020Q3 vtnr Options To Purchase
OptionsToPurchase
5140288 shares
CY2021Q3 vtnr Warrants To Purchase
WarrantsToPurchase
55563 shares
CY2020Q3 vtnr Warrants To Purchase
WarrantsToPurchase
8633193 shares
vtnr Options To Purchase
OptionsToPurchase
4195168 shares
vtnr Options To Purchase
OptionsToPurchase
5140288 shares
vtnr Warrants To Purchase
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288458 shares
vtnr Warrants To Purchase
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8633193 shares
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
7066459 USD
CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-3073064 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-16747698 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-19717769 USD
CY2021Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
878357 USD
CY2020Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1270814 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
5281177 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-5359079 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7944816 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11466521 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25076848 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61348508 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45554841 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53963617 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45494235 shares
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.12
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.07
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.43
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q3 us-gaap Earnings Per Share Basic
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0.13
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.55
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
7066459 USD
CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-3073064 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
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CY2021Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
878357 USD
CY2020Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1270814 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
5281177 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-5359079 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7944816 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4343878 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11466521 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25076848 USD
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61348508 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45554841 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53963617 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45494235 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
2871217 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
385601 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64605326 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45554841 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53963617 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45494235 shares
CY2021Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.11
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.07
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.31
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.43
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.12
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.55
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
63003766 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
63003766 shares
CY2021Q3 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
1072620 USD
CY2020Q4 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
330412 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
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
10637914 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
11380122 USD
vtnr Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Changein Valuation
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityChangeinValuation
-1844369 USD
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
1072620 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
124847 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28974471 USD
us-gaap Profit Loss
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-2300000 USD
CY2021Q3 us-gaap Operating Loss Carryforwards
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38900000 USD
CY2021Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
28061498 USD
CY2021Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
126795 USD
CY2021Q3 us-gaap Gross Profit
GrossProfit
786178 USD
CY2021Q3 us-gaap Selling General And Administrative Expense
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4944719 USD
CY2021Q3 us-gaap Depreciation Amortization And Accretion Net
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26916 USD
CY2021Q3 us-gaap Operating Income Loss
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-4185457 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16249312 USD
CY2020Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
15324914 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
115562 USD
CY2020Q3 us-gaap Gross Profit
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808836 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
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1832067 USD
CY2020Q3 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
28002 USD
CY2020Q3 us-gaap Operating Income Loss
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-1051233 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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84823476 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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79319678 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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358905 USD
us-gaap Gross Profit
GrossProfit
5144893 USD
us-gaap Selling General And Administrative Expense
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12111951 USD
us-gaap Depreciation Amortization And Accretion Net
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80748 USD
us-gaap Operating Income Loss
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-7047806 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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30460606 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
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28598874 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
327672 USD
us-gaap Gross Profit
GrossProfit
1534060 USD
us-gaap Selling General And Administrative Expense
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6044050 USD
us-gaap Depreciation Amortization And Accretion Net
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48118 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-4558108 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
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12 quarter
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
16 USD
CY2021Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-155929 USD
CY2020Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-94214 USD
CY2021Q3 vtnr Finance Lease Cost
FinanceLeaseCost
3258 USD
CY2020Q3 vtnr Finance Lease Cost
FinanceLeaseCost
3258 USD
CY2021Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
74 USD
vtnr Finance Lease Cost
FinanceLeaseCost
9774 USD
vtnr Finance Lease Cost
FinanceLeaseCost
9774 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
359 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
218176 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
203969 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
646310 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
596449 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
400000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1600000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
91893 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
93438 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
872694 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
852774 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
696157 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
693032 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
663057 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3684844 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7462558 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2612446 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4850112 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
CY2021Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
1176683 USD
CY2021Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
1000

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