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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Total revenues $ 16,313,406 $ 11,765,975 $ 45,448,916 $ 11,765,975
Cost of revenues 14,766,494 10,553,375 41,174,082 10,553,375
Gross profit 1,546,912 1,212,600 4,274,834 1,212,600
Operating expenses:        
Sales and marketing 1,240 50,174 2,457 360,765
General and administrative 1,473,728 2,373,615 4,710,852 6,609,175
Amortization and depreciation 817,058 1,119,737 2,269,445 2,053,550
Total operating expenses 2,292,026 3,543,526 6,982,754 9,023,490
Loss from operations (745,114) (2,330,926) (2,707,920) (7,810,890)
Other income (expense):        
Unrealized gain (loss) on marketable securities (661,101) 1,074,290 (991,652) 661,101
Gain on disposition of asset 2,456
Interest income 5,782 18,243
Interest expense (516,357) (85,924) (1,426,730) (191,765)
Interest expense- related parties (828,739) (426,293) (2,387,523) (435,398)
Other income 99,420 50 123,536 40,134
Total other income (expense) (1,906,777) 567,905 (4,682,369) 94,771
Loss before provision for income taxes (2,651,891) (1,763,021) (7,390,289) (7,716,119)
Provision for income taxes (800) (800)
Consolidated net loss (2,651,891) (1,763,021) (7,391,089) (7,716,919)
Less: Net loss attributable to noncontrolling interests (134,517) (183,008) (494,450) (630,706)
Net loss attributable to Vivakor, Inc. $ (2,517,374) $ (1,580,013) $ (6,896,639) $ (7,086,213)
Basic net loss per share $ (0.14) $ (0.09) $ (0.38) $ (0.46)
Diluted net loss per share $ (0.14) $ (0.09) $ (0.38) $ (0.46)
Basic weighted average common shares outstanding 18,120,344 17,047,489 18,083,543 15,284,240
Product Revenue Third Parties [Member]        
Revenues        
Total revenues $ 12,849,613 $ 8,882,105 $ 35,614,821 $ 8,882,105
Product Revenue Related Party [Member]        
Revenues        
Total revenues $ 3,463,793 $ 2,883,870 $ 9,834,095 $ 2,883,870