v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Revenues        
Total revenues $ 19,458,110 $ 37,340,291 $ 104,418,809 $ 89,811,240
Cost of revenues 13,734,880 32,581,857 66,672,658 79,592,036
Gross profit 5,723,230 4,758,434 37,746,151 10,219,204
Operating expenses:        
General and administrative 5,597,039 5,369,313 43,014,172 12,206,031
Amortization and depreciation 2,551,457 5,831,602 17,981,914 11,360,425
Total operating expenses 8,148,496 11,200,915 101,574,078 32,214,497
Gain (loss) from operations (2,425,266) (6,442,481) (63,827,927) (21,995,293)
Other income (expense):        
Unrealized gain (loss) on marketable securities (11,378) 1,652,754 (413,188) 165,275
Gain (loss) on disposition of assets (1,597,913) (1,219,913) 57,200
Loss on conversion of debt (185,855) (17,403,367)
Interest income 7,973 25,482 73,474 60,364
Interest expense (1,870,250) (1,131,077) (26,668,529) (4,695,234)
Interest expense - related parties (143,161) (53,121) (444,333) (121,458)
Other income (loss) 50,500 12,540 (216,151) 127,540
Total other income (expense) (2,152,171) (1,091,335) (46,292,007) (4,228,763)
Loss before provision for income taxes (4,577,437) (7,533,816) (110,119,934) (26,224,056)
Provision for income taxes (0) (0) 117,004 126,869
Consolidated net loss (4,577,437) (7,533,816) (110,236,938) (26,350,925)
Less: Net loss attributable to noncontrolling interests (6,518) (5,095) (4,161,105)
Net loss attributable to Vivakor, Inc. (4,577,437) (7,527,298) (110,231,843) (22,189,820)
Series A Preferred Stockholder Dividends 2,198,275 1,588,581 5,086,250 853,200
Net loss to common shareholders $ (6,775,712) $ (9,115,879) $ (115,318,093) $ (23,043,020)
Basic net loss per share $ (2.32) $ (42.32) $ (318.01) $ (151.32)
Diluted net loss per share $ (2.32) $ (42.32) $ (318.01) $ (151.32)
Basic weighted average common shares outstanding 2,919,188 215,384 362,628 152,285
Diluted weighted average common shares outstanding 2,919,188 215,384 362,628 152,285
Revenues [Member]        
Revenues        
Total revenues $ 14,093,384 $ 32,788,516 $ 84,193,403 $ 58,612,151
Revenues Related Party [Member]        
Revenues        
Total revenues $ 5,364,726 $ 4,551,775 $ 20,225,406 $ 31,199,089