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v3.25.2

Segments (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of segments |
Schedule of segments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Transportation Logistics Segment |  |  | Terminaling and Storage Segment |  |  | Corporate and other |  |  | Total Consolidated |
Revenues |  | $ | 7,601,942 |  |  | $ | 13,396,481 |  |  |  | - |  |  | $ | 20,998,423 |
Revenues- related party |  |  | 2,854,331 |  |  |  | 5,246,692 |  |  |  | - |  |  |  | 8,101,023 |
Total revenues |  |  | 10,456,273 |  |  |  | 18,643,173 |  |  |  | - |  |  |  | 29,099,446 |
Cost of revenues |  |  | 7,363,645 |  |  |  | 17,156,132 |  |  |  | - |  |  |  | 24,519,777 |
Gross profit |  |  | 3,092,628 |  |  |  | 1,487,041 |  |  |  | - |  |  |  | 4,579,669 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative |  |  | 1,520,438 |  |  |  | 643,684 |  |  | $ | 2,321,344 |  |  |  | 4,485,466 |
Amortization and depreciation |  |  | 5,389,294 |  |  |  | 995,397 |  |  |  | 486,259 |  |  |  | 6,870,950 |
Total operating expenses |  |  | 6,909,732 |  |  |  | 1,639,081 |  |  |  | 2,807,603 |  |  |  | 11,356,416 |
Loss from operations |  |  | (3,817,104 | ) |  |  | (152,040 | ) |  |  | (2,807,603 | ) |  |  | (6,776,747 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) on marketable securities |  |  | - |  |  |  | - |  |  |  | (1,731,160 | ) |  |  | (1,731,160 | )
Loss on disposition of asset |  |  | 378,000 |  |  |  | - |  |  |  | - |  |  |  | 378,000 |
Interest income |  |  | 15,522 |  |  |  | - |  |  |  | 2,306 |  |  |  | 17,828 |
Interest expense |  |  | (4,188,919 | ) |  |  | - |  |  |  | (194,791 | ) |  |  | (4,383,710 | )
Interest expense- related parties |  |  | - |  |  |  | - |  |  |  | (53,121 | ) |  |  | (53,121 | )
Other income |  |  | 12,540 |  |  |  | - |  |  |  | - |  |  |  | 12,540 |
Total other income (expense) |  |  | (3,782,857 | ) |  |  | - |  |  |  | (1,976,766 | ) |  |  | (5,759,623 | )
Loss before provision for income taxes |  |  | (7,599,961 | ) |  |  | (152,040 | ) |  |  | (4,784,369 | ) |  |  | (12,536,370 | )
Consolidated net loss |  |  | (7,599,961 | ) |  |  | (152,040 | ) |  |  | (4,784,369 | ) |  |  | (12,536,370 | )
Less: Net loss attributable to noncontrolling interests |  |  | - |  |  |  | - |  |  |  |  |  |  |  |  |
Net loss attributable to Vivakor, Inc. |  | $ | (7,599,961 | ) |  | $ | (152,040 | ) |  | $ | (4,784,369 | ) |  | $ | (12,536,370 | )
Six Months Ended June 30, 2025
|  | Transportation Logistics Segment |  |  | Terminaling and Storage Segment |  |  | Corporate and other |  |  | Total Consolidated |
Revenues |  | $ | 18,563,956 |  |  | $ | 35,222,983 |  |  |  | - |  |  | $ | 53,786,939 |
Revenues- related party |  |  | 5,368,572 |  |  |  | 7,284,226 |  |  |  | - |  |  |  | 12,652,798 |
Total revenues |  |  | 23,932,528 |  |  |  | 42,507,209 |  |  |  | - |  |  |  | 66,439,737 |
Cost of revenues |  |  | 17,130,490 |  |  |  | 39,971,144 |  |  |  | - |  |  |  | 57,101,634 |
Gross profit |  |  | 6,802,038 |  |  |  | 2,536,065 |  |  |  | - |  |  |  | 9,338,103 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  | - |
General and administrative |  |  | 3,876,322 |  |  |  | 878,376 |  |  | $ | 5,100,045 |  |  |  | 9,854,743 |
Amortization and depreciation |  |  | 9,963,366 |  |  |  | 1,840,223 |  |  |  | 898,963 |  |  |  | 12,702,552 |
Total operating expenses |  |  | 13,839,688 |  |  |  | 2,718,599 |  |  |  | 5,999,008 |  |  |  | 22,557,295 |
Loss from operations |  |  | (7,037,650 | ) |  |  | (182,534 | ) |  |  | (5,999,008 | ) |  |  | (13,219,192 | )
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) on marketable securities |  |  | - |  |  |  | - |  |  |  | (78,406 | ) |  |  | (78,406 | )
Loss on disposition of asset |  |  | (1,219,913 | ) |  |  | - |  |  |  | - |  |  |  | (1,219,913 | )
Interest income |  |  | 38,697 |  |  |  | - |  |  |  | 4,613 |  |  |  | 43,310 |
Interest expense |  |  | (5,128,348 | ) |  |  | - |  |  |  | (439,560 | ) |  |  | (5,567,908 | )
Interest expense- related parties |  |  | - |  |  |  | - |  |  |  | (53,121 | ) |  |  | (53,121 | )
Other income |  |  | 25,080 |  |  |  | - |  |  |  | - |  |  |  | 25,080 |
Total other income (expense) |  |  | (6,284,484 | ) |  |  | - |  |  |  | (566,474 | ) |  |  | (6,850,958 | )
Loss before provision for income taxes |  |  | (13,322,134 | ) |  |  | (182,534 | ) |  |  | (6,565,482 | ) |  |  | (20,070,150 | )
Consolidated net loss |  |  | (13,322,134 | ) |  |  | (182,534 | ) |  |  | (6,565,482 | ) |  |  | (20,070,150 | )
Less: Net loss attributable to noncontrolling interests |  |  | - |  |  |  | - |  |  |  | (6,518 | ) |  |  | (6,518 | )
Net loss attributable to Vivakor, Inc. |  | $ | (13,322,134 | ) |  | $ | (182,534 | ) |  | $ | (6,558,964 | ) |  | $ | (20,063,632 | )

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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