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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,293,767 $ 309,404
Cash and cash equivalents attributed to variable interest entity 199,952 89,500
Accounts Receivable, less allowances of $33,000 and $33,000, respectively 845 7,735
Marketable securities 2,231,218 4,016,951
Inventories 192,000 525,744
Precious metal concentrate 1,166,709 1,166,709
Other assets 73,245 87,052
Total current assets 5,157,736 6,203,095
Other investments 4,000 4,000
Notes receivable 1,194,235 78,455
Property and equipment, net 24,293,157 18,152,699
Rights of use assets- operating leases 663,291 881,804
License agreement, net 2,370,835 2,013,810
Intellectual property, net 13,662,037 14,966,627
Total assets 47,345,291 42,300,490
Current liabilities:    
Accounts payable and accrued expenses 2,023,985 1,350,808
Operating lease liabilities, current 287,769 276,699
Loans and notes payable, current 1,511,447 1,196,037
Loans and notes payable, current attributed to variable interest entity 3,416,379 735,000
Long-term debt, current 3,256 1,020
Total current liabilities 7,242,836 3,559,564
Operating lease liabilities, long term 434,109 618,696
Loans and notes payable, long term 1,185,970 914,661
Long-term debt 6,171,298 4,950,640
Deferred income tax liabilities 5,156,899 6,207,905
Total liabilities 20,191,112 16,251,466
Total temporary equity 0 9,360,458
Stockholders' equity:    
Common stock, $.001 par value; 41,666,667 shares authorized; 12,330,859 and 11,255,967 were issued and outstanding as of December 31, 2021 and 2020(1) 12,331 11,256
Additional paid-in capital 58,279,590 45,623,146
Treasury stock, at cost (20,000) (20,000)
Accumulated deficit (35,731,359) (30,204,992)
Total Vivakor, Inc. stockholders' equity 22,540,629 15,409,477
Noncontrolling interest 4,613,550 1,279,089
Total stockholders' equity 27,154,179 16,688,566
Total liabilities and stockholders’ equity and temporary equity 47,345,291 42,300,490
Redeemable Convertible Preferred Stock Series B [Member]    
Current liabilities:    
Total temporary equity 0 1,301,500
Redeemable Convertible Preferred Stock Series B 1 [Member]    
Current liabilities:    
Total temporary equity 0 3,507,981
Redeemable Convertible Preferred Stock Series C 1 [Member]    
Current liabilities:    
Total temporary equity 0 4,550,977
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, no par value $ 67 $ 67