vtnr: the income statement

MyFinsight

For the quarter ending 2024-06-30, VTNR made $750,061K in revenue. -$53,773K in net income. Net profit margin of -7.17%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Revenues	750,061
Cost of revenues (exclusive of depreciation and amortization shown separately below)	741,202
Depreciation and amortization attributable to costs of revenues	8,613
Gross profit (loss)	246
Selling, general and administrative expenses (exclusive of depreciation and amortization shown separately below)	37,441
Depreciation and amortization attributable to operating expenses	1,125
Total operating expenses	38,566
Loss from operations	-38,320
Other income (expenses)	520
Gain on change in value of derivative warrant liability	1,680
Interest expense	17,725
Total other expense	-15,525
Loss from continuing operations before income tax	-53,845
Loss from continuing operations	-53,845
Net loss	-53,845
Net loss attributable to non-controlling interest from continuing operations	-72
Net loss attributable to vertex energy, inc	-53,773

Basic eps	-0.58
Diluted eps	-0.58
Basic average shares	93,514,000
Diluted average shares	93,514,000