v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 19,458,110 $ 37,340,291
Cost of revenues 13,734,880 32,581,857
Gross profit 5,723,230 4,758,434
Operating expenses:    
General and administrative 5,597,039 5,369,313
Amortization and depreciation 2,551,457 5,831,602
Total operating expenses 8,148,496 11,200,915
Loss from operations (2,425,266) (6,442,481)
Other income (expense):    
Unrealized gain (loss) on marketable securities (11,378) 1,652,754
Gain (loss) on disposition of assets (1,597,913)
Loss on conversion of debt (185,855)
Interest income 7,973 25,482
Interest expense (1,870,250) (1,131,077)
Interest expense - related parties (143,161) (53,121)
Other income (loss) 50,500 12,540
Total other income (expense) (2,152,171) (1,091,335)
Loss before provision for income taxes (4,577,437) (7,533,816)
Provision for income taxes 0 0
Consolidated net loss (4,577,437) (7,533,816)
Less: Net loss attributable to noncontrolling interests (6,518)
Net loss attributable to Vivakor, Inc. (4,577,437) (7,527,298)
Series A Preferred Stockholder Dividends 2,198,275 1,588,581
Net loss to common shareholders $ (6,775,712) $ (9,115,879)
Basic net loss per share $ (2.32) $ (42.32)
Diluted net loss per share $ (2.32) $ (42.32)
Basic weighted average common shares outstanding 2,919,188 215,384
Diluted weighted average common shares outstanding 2,919,188 215,384
Revenues [Member]    
Revenues    
Total revenues $ 14,093,384 $ 32,788,516
Revenues Related Party [Member]    
Revenues    
Total revenues $ 5,364,726 $ 4,551,775