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Notes Receivable (Tables) | 12 Months Ended
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Dec. 31, 2022
Receivables [Abstract] |
Schedule Of notes receivable |
Schedule Of notes receivable |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2022 |  |  | 2021 |
PLC International Investments, Inc.(a) |  |  | - |  |  |  | 860,491 |
TMC Capital, LLC(b) |  |  | - |  |  |  | 333,744 |
Total Notes Receivable |  | $ | - |  |  | $ | 1,194,235 |
(a) | In December 2021 we sold such 3,309,578 shares of Odyssey common stock in a private transaction for a purchase price of $860,491, reflecting the market price as of such time. Such purchase price was paid in the form of $10,000 cash delivered at signing and a note issued in favor of Vivakor in the amount of $850,491 accruing interest at 3% per annum, with payments due quarterly over a five year term. As of December 31, 2022 we have reserved against the note in the amount of $828,263.
(b) | The Company has a $333,744 note receivable with TMC Capital, LLC, an affiliate of MCW Energy Group Limited. The parties amended the agreement in December 2021 to have the note paid on or before October 1, 2022. As of December 31, 2022 we have reserved against the note in the amount of $333,744.

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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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