$VYEY
VICTORY CLEAN ENERGY, INC. Stock $vyey

$vyey Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000107997324001590 Filed on November 19, 2024

Income Statement

Concept	2024 Q3	2023 Q3
Revenue	$0.00	$350.6K
YoY Change	-100.0%	7.04%
Cost Of Revenue		$137.5K
YoY Change		-42.04%
Gross Profit		$213.1K
YoY Change		136.09%
Gross Profit Margin		60.77%
Selling, General & Admin		$476.4K
YoY Change		74.71%
% of Gross Profit		223.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$17.54K
YoY Change		-60.06%
% of Gross Profit		8.23%
Operating Expenses	$1.156M	$480.8K
YoY Change	140.43%	72.82%
Operating Profit	-$1.156M	-$267.7K
YoY Change	331.85%	42.43%
Interest Expense	$1.583K	$12.78K
YoY Change	-87.61%	174.64%
% of Operating Profit
Other Income/Expense, Net	-$5.386K	-$1.930K
YoY Change	179.07%	-103.9%
Pretax Income	-$1.161M	-$279.5K
YoY Change	315.47%	95.39%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$1.161M	-$279.5K
YoY Change	315.47%	95.4%
Net Earnings / Revenue		-79.72%
Basic Earnings Per Share	$0.00	-$0.01
Diluted Earnings Per Share	$0.00	-$0.01
COMMON SHARES
Basic Shares Outstanding	530.7M shares	28.04M shares
Diluted Shares Outstanding	530.7M shares	28.15M shares

Balance Sheet

Concept	2024 Q3	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$32.66K
YoY Change		-67.71%
Cash & Equivalents	$19.20K	$32.66K
Short-Term Investments
Other Short-Term Assets		$23.48K
YoY Change		-46.89%
Inventory		$17.49K
Prepaid Expenses	$14.77K
Receivables		$222.6K
Other Receivables		$255.0K
Total Short-Term Assets	$33.96K	$551.3K
YoY Change	-93.84%	63.49%
LONG-TERM ASSETS
Property, Plant & Equipment		$70.30K
YoY Change		-65.19%
Goodwill		$145.1K
YoY Change		0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$3.029K	$298.8K
YoY Change	-98.99%	-33.26%
TOTAL ASSETS
Total Short-Term Assets	$33.96K	$551.3K
Total Long-Term Assets	$3.029K	$298.8K
Total Assets	$36.99K	$850.1K
YoY Change	-95.65%	8.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$361.0K	$223.7K
YoY Change	61.38%	96.38%
Accrued Expenses		$69.38K
YoY Change		-26.4%
Deferred Revenue
YoY Change
Short-Term Debt		$4.187M
YoY Change		1382.08%
Long-Term Debt Due		$18.13K
YoY Change		14.62%
Total Short-Term Liabilities		$4.626M
YoY Change		12.25%
LONG-TERM LIABILITIES
Long-Term Debt		$161.2K
YoY Change		-38.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities		$161.2K
YoY Change		-38.67%
TOTAL LIABILITIES
Total Short-Term Liabilities		$4.626M
Total Long-Term Liabilities		$161.2K
Total Liabilities	$1.553M	$4.788M
YoY Change	-67.56%	9.2%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.788M	-$99.63M
YoY Change	-92.18%	0.5%
Common Stock	$530.7K	$28.59K
YoY Change	1756.14%	1.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$1.516M	-$3.938M
YoY Change
Total Liabilities & Shareholders Equity	$36.99K	$850.1K
YoY Change	-95.65%	8.3%

Cashflow Statement

Concept	2024 Q3	2023 Q3
OPERATING ACTIVITIES
Net Income	-$1.161M	-$279.5K
YoY Change	315.47%	95.4%
Depreciation, Depletion And Amortization		$17.54K
YoY Change		-60.06%
Cash From Operating Activities		-$67.37K
YoY Change		-207.81%
INVESTING ACTIVITIES
Capital Expenditures		$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities		-$255.0K
YoY Change
Cash From Investing Activities		-$255.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		282.4K
YoY Change		3183.37%
NET CHANGE
Cash From Operating Activities		-67.37K
Cash From Investing Activities		-255.0K
Cash From Financing Activities		282.4K
Net Change In Cash		-40.00K
YoY Change		-156.27%
FREE CASH FLOW
Cash From Operating Activities		-$67.37K
Capital Expenditures		$0.00
Free Cash Flow		-$67.37K
YoY Change		-207.81%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Central Index Key EntityCentralIndexKey	0000700764
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Building E - Suite 100
	dei	Entity Address City Or Town EntityAddressCityOrTown	Austin
	dei	Entity Address State Or Province EntityAddressStateOrProvince	TX
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	78738
	dei	City Area Code CityAreaCode	512
	dei	Local Phone Number LocalPhoneNumber	347-7300
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	530704753	shares
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19196	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	240654	usd
CY2024Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	14766	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	33962	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	240654	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3029	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6567	usd
CY2024Q3	us-gaap	Assets Assets	36991	usd
CY2023Q4	us-gaap	Assets Assets	247221	usd
CY2024Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	360990	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	111200	usd
CY2023Q4	vyey	Accrued And Other Short Term Liabilities AccruedAndOtherShortTermLiabilities	52970	usd
CY2023Q4	vyey	Due To Related Party DueToRelatedParty	250000	usd
CY2023Q4	vyey	Loan From Affiliate LoanFromAffiliate	968000	usd
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Registrant Name EntityRegistrantName	VICTORY CLEAN ENERGY, INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	87-0564472
	dei	Entity Address Address Line1 EntityAddressAddressLine1	14425 Falcon Head Blvd.
CY2024Q3	vyey	Accrued And Other Short Term Liabilities AccruedAndOtherShortTermLiabilities	579697	usd
CY2024Q3	vyey	Due To Related Party DueToRelatedParty	250000	usd
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q4	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable		usd
	dei	Entity File Number EntityFileNumber	002-76219
CY2024Q3	vyey	Loan From Affiliate LoanFromAffiliate	0	usd
CY2024Q3	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	50000	usd
CY2024Q3	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	13402	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	0	usd
CY2024Q3	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	186598	usd
CY2023Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	0	usd
CY2024Q3	vyey	Loan From Shareholders LoanFromShareholders	125830	usd
CY2023Q4	vyey	Loan From Shareholders LoanFromShareholders	145830	usd
CY2024Q3	us-gaap	Liabilities Liabilities	1553115	usd
CY2023Q4	us-gaap	Liabilities Liabilities	1528000	usd
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	530704753	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	530704753	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	418822708	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	418822708	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	530707	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	418823	usd
CY2024Q3	vyey	Shares To Be Issued SharesToBeIssued	29	usd
CY2023Q4	vyey	Shares To Be Issued SharesToBeIssued	0	usd
CY2024Q3	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	245000	usd
CY2023Q4	us-gaap	Stockholders Equity Note Subscriptions Receivable StockholdersEquityNoteSubscriptionsReceivable	-0	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5986299	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7788159	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1699602	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	-1516124	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-1280779	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	36991	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	247221	usd
CY2024Q3	us-gaap	Revenues Revenues	0	usd
CY2023Q3	us-gaap	Revenues Revenues	0	usd
	us-gaap	Revenues Revenues	0	usd
	us-gaap	Revenues Revenues	0	usd
CY2024Q3	vyey	Consulting Expenses ConsultingExpenses	136161	usd
CY2023Q3	vyey	Consulting Expenses ConsultingExpenses	0	usd
	vyey	Consulting Expenses ConsultingExpenses	4273719	usd
	vyey	Consulting Expenses ConsultingExpenses	0	usd
CY2024Q3	vyey	Licensing Fees LicensingFees	415000	usd
CY2023Q3	vyey	Licensing Fees LicensingFees	0	usd
	vyey	Licensing Fees LicensingFees	1015000	usd
	vyey	Licensing Fees LicensingFees	0	usd
CY2024Q3	vyey	Personnel Expenses PersonnelExpenses	447104	usd
CY2023Q3	vyey	Personnel Expenses PersonnelExpenses	72665	usd
	vyey	Personnel Expenses PersonnelExpenses	1004346	usd
	vyey	Personnel Expenses PersonnelExpenses	112597	usd
CY2024Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	42527	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	38867	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	419976	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	58171	usd
CY2024Q3	us-gaap	Professional Fees ProfessionalFees	115102	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	12000	usd
	us-gaap	Professional Fees ProfessionalFees	295686	usd
	us-gaap	Professional Fees ProfessionalFees	27000	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	1155894	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	123532	usd
	us-gaap	Operating Expenses OperatingExpenses	7008727	usd
	us-gaap	Operating Expenses OperatingExpenses	197768	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-1155894	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-123532	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-7008727	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-197768	usd
CY2024Q3	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	777	usd
CY2023Q3	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-0	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	777	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-0	usd
CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	4609	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	1930	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	11041	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	4798	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1260782	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
CY2024Q3	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	usd
CY2023Q3	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	usd
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	-328794	usd
	us-gaap	Gain Or Loss On Sale Of Stock In Subsidiary GainOrLossOnSaleOfStockInSubsidiary	0	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5386	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1930	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	920170	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4798	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1161280	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-125462	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6088557	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-202566	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-0	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-0	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-1161280	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-125462	usd
	us-gaap	Net Income Loss NetIncomeLoss	-6088557	usd
	us-gaap	Net Income Loss NetIncomeLoss	-202566	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	530704753	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	530704753	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	418822708	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	418822708	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	528063645	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	528063645	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	418822708	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	418822708	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-1280779	usd
CY2024Q1	vyey	Conversion Of Notes Payable Prior To Recapitalization ConversionOfNotesPayablePriorToRecapitalization	4093756	usd
CY2024Q1	vyey	Effects Of Recapitalization EffectsOfRecapitalization	-4087427	usd
CY2024Q1	vyey	Conversion Of Notes Payable Post Recapitalization ConversionOfNotesPayablePostRecapitalization	185000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	401655	usd
CY2024Q1	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	3483548	usd
CY2024Q1	vyey	Sale Of Series E Preferred Stock SaleOfSeriesEPreferredStock	250000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3821365	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	-775612	usd
CY2024Q2	vyey	Sale Of Series E Preferred Stock SaleOfSeriesEPreferredStock	1192500	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-1105912	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	-689024	usd
CY2024Q3	vyey	Sale Of Series E Preferred Stock SaleOfSeriesEPreferredStock	320000	usd
CY2024Q3	vyey	Warrants Issued With Convertible Notes Payable WarrantsIssuedWithConvertibleNotesPayable	14180	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-1161280	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	-1516124	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-25420	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-31093	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-56513	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-46011	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-102524	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-125462	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	-227986	usd
	us-gaap	Net Income Loss NetIncomeLoss	-6088557	usd
	us-gaap	Net Income Loss NetIncomeLoss	-202566	usd
	vyey	Amortization Expense AmortizationExpense	3538	usd
	vyey	Amortization Expense AmortizationExpense	3538	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	777	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	vyey	Stock Issued For Services StockIssuedForServices	384693	usd
	vyey	Stock Issued For Services StockIssuedForServices	0	usd
	vyey	Warrants Issued For Services WarrantsIssuedForServices	3483548	usd
	vyey	Warrants Issued For Services WarrantsIssuedForServices	0	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-2197	usd
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-0	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	235111	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-50000	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	443654	usd
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	24251	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1535039	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-224777	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	863919	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	-0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-863919	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	1762500	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	385000	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	usd
	vyey	Proceeds From Loan Of Affiliate ProceedsFromLoanOfAffiliate	0	usd
	vyey	Proceeds From Loan Of Affiliate ProceedsFromLoanOfAffiliate	56830	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	50000	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	240000	usd
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-20000	usd
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2177500	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	296830	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-221458	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	72053	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	240654	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26480	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19196	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	98533	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
	vyey	Conversion Of Notes Payable ConversionOfNotesPayable	4278756	usd
	vyey	Conversion Of Notes Payable ConversionOfNotesPayable	0	usd
	vyey	Gain On Forgiveness Of Debt GainOnForgivenessOfDebt	1260782	usd
	vyey	Gain On Forgiveness Of Debt GainOnForgivenessOfDebt	0	usd
	vyey	Warrants Issued With Convertible Notes WarrantsIssuedWithConvertibleNotes	14180	usd
	vyey	Warrants Issued With Convertible Notes WarrantsIssuedWithConvertibleNotes	0	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_84A_eus-gaap--NatureOfOperations_zWi0uwH1sVQ2" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_861_z0CrpfbDefM3">Organization and Nature of Operations</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Victory Clean Energy, Inc., formerly Victory Oilfield Tech, Inc. (“Victory”), a Nevada corporation, has historically operated as an oilfield technology products company offering patented oil and gas drilling products. On July 31, 2018, Victory entered into an agreement to acquire Pro-Tech Hardbanding Services, Inc., an Oklahoma corporation (“Pro-Tech”), which provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing and drill collars.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2024, Victory completed a merger agreement with H2 Energy Group Inc., a Delaware corporation (“H2EG”) (the “Merger”). As a result of the Merger, a change in control of Victory occurred, and H2EG became a wholly owned subsidiary of Victory. On January 1, 2024, Victory completed the sale of Pro-Tech to Flagstaff International, LLC, a Delaware limited liability company. On January 11, 2024, Victory amended its Articles of Incorporation to authorize <span id="xdx_908_eus-gaap--CommonStockSharesAuthorized_iI_c20240111_zVRFUGx4u6Ig" title="Common stock, shares authorized">2,000,000,000</span> common shares and change its name to Victory Clean Energy, Inc.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">H2EG uses scalable and modular technology to produce low-cost hydrogen-rich syngas from renewable woody biomass. The Company plans to construct a renewable hydrogen production facility and install four hydrogen refueling stations in California.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000	shares
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7788159	usd
CY2024Q3	vyey	Working Capital Deficit WorkingCapitalDeficit	-1519153	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84B_eus-gaap--UseOfEstimates_zKAvwF5DlSWa" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86C_z4lbN2whZNo9">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are used primarily when accounting for depreciation and amortization expense, various common stock, warrants and option transactions, evaluation of intangible assets, and loss contingencies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2024Q3	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
CY2023Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	0	usd
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_848_eus-gaap--ConcentrationRiskCreditRisk_zRv4l5h4TWc9" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86F_z7fdySRXc9G6">Concentration of Credit Risk</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.35pt; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company places its cash equivalents with financial institutions and invests its excess cash primarily in certificates of deposit, deposit accounts or treasury bills. The Company has established guidelines relative to credit ratings and maturities that seek to maintain stability and liquidity.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
CY2021Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	7492	usd
CY2022Q4	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	6660	usd
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	0	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3538	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3538	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1179	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1179	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3662104	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2024Q3	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2024Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	105119006	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	105119006	shares
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2024Q3	us-gaap	Finite Lived License Agreements Gross FiniteLivedLicenseAgreementsGross	14152	usd
CY2023Q4	us-gaap	Finite Lived License Agreements Gross FiniteLivedLicenseAgreementsGross	14152	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	11123	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	7585	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3029	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6567	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3538	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3538	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1179	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1179	usd
CY2024Q3	us-gaap	Notes Payable Current NotesPayableCurrent	50000	usd
CY2024Q3	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2024-12-31
CY2024Q3	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.07	pure
	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	14180	usd
	us-gaap	Interest Expense InterestExpense	3164	usd
	us-gaap	Interest Expense InterestExpense	4798	usd
CY2024Q3	us-gaap	Interest Expense InterestExpense	1583	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	1930	usd
CY2024Q3	us-gaap	Advances To Affiliate AdvancesToAffiliate	1762500	usd
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	418822708	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000	shares
CY2024Q3	us-gaap	Share Price SharePrice	0.059
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	vyey	Consulting Agreement Compensation ConsultingAgreementCompensation	135000	usd
	vyey	Consulting Agreement Compensation ConsultingAgreementCompensation	0	usd
CY2024Q3	vyey	Consulting Agreement Compensation ConsultingAgreementCompensation	45000	usd
CY2023Q3	vyey	Consulting Agreement Compensation ConsultingAgreementCompensation	0	usd
	us-gaap	Payments For Purchase Of Other Assets1 PaymentsForPurchaseOfOtherAssets1	1015000	usd
CY2024Q3	vyey	Total License Expense TotalLicenseExpense	415000	usd
	vyey	Total License Expense TotalLicenseExpense	1015000	usd
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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vyey_10q_htm.xml	Edgar Link	completed

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$VYEY
VICTORY CLEAN ENERGY, INC. Stock $vyey

2024 Q3 Form 10-Q Financial Statement

#000107997324001590 Filed on November 19, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VYEY VICTORY CLEAN ENERGY, INC. Stock $vyey

2024 Q3 Form 10-Q Financial Statement

#000107997324001590 Filed on November 19, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VYEY
VICTORY CLEAN ENERGY, INC. Stock $vyey