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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 299,642 $ 651,022
Cash - restricted 892,124 3,025,970
Accounts receivable, net of allowance for credit losses of $0 at September 30, 2025 and December 31, 2024, respectively 5,828,236 1,626,994
Accounts receivable - related party 141,085 4,599,094
Prepaid expenses 1,686,042 1,204,790
Marketable securities 268,572 661,101
Inventories 110,777 205,529
Total current assets 9,226,478 11,974,500
Other assets 732,809 3,608,067
Notes receivable 258,389 242,714
Property and equipment, net 60,623,117 100,039,371
Right of use assets - operating leases 1,598,026 4,920,454
Intellectual property, net 7,729,255 8,348,703
Customer relationships, net 39,393,299 43,021,022
Goodwill 40,569,772 68,885,853
Total assets 160,131,145 241,040,684
Current liabilities:    
Accounts payable and accrued expenses 27,280,207 29,601,665
Accounts payable and accrued expenses - related parties 1,667,002 831,984
Accrued compensation 1,499,285 1,249,099
Unearned revenue 9,107,297 9,107,297
Operating lease liabilities, current 400,700 2,636,151
Finance lease liabilities, current 8,929,265 4,267,396
Loans and notes payable, current 18,576,741 42,423,941
Loans and notes payable, current - related parties 9,088,504 21,810,164
Total current liabilities 76,549,001 111,927,697
Operating lease liabilities, long term 1,471,228 2,190,351
Finance lease liabilities, long term 5,135,601
Loans and notes payable, long term 3,656,336 6,514,010
Loans and notes payable, long term-related parties 5,533,106
Deferred tax liability 154,381 154,381
Other liabilities 8,728,527
Total liabilities 96,092,579 125,922,040
Stockholders’ equity (deficit):    
Preferred stock, $0.001 par value; 15,000,000 shares authorized, 96,731 and 107,789 outstanding as of September 30, 2025 and December 31, 2024 97 108
Common stock, $0.001 par value; 200,000,000 shares authorized; 61,431,949 and 41,709,190 were issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 61,432 41,709
Additional paid-in capital 216,182,613 208,167,537
Treasury stock, at cost (20,000) (20,000)
Accumulated deficit (148,059,774) (88,951,426)
Total Vivakor, Inc. stockholders’ equity (deficit) 68,164,368 119,237,928
Noncontrolling interest (4,125,802) (4,119,284)
Total stockholders’ equity (deficit) 64,038,566 115,118,644
Total liabilities and stockholders’ equity (deficit) $ 160,131,145 $ 241,040,684