VIP · Vulcan Infrastructure & Power Inc.
$1.84
-0.01 (-0.54%)
At close · Aug 14
Going-concern doubt
— cleared Aug 14, 2026
The latest filing states the doubt was alleviated.
“The Company's projected operating cash flows are not sufficient to meet the existing debt obligations and the potential inability to meet this debt service obligation raises substantial doubt as to the Company's ability to continue as a going concern for a period of at least one year from the date of issuance of the condensed consolidated financial statements. After considering management's plans to mitigate these conditions, including our existing cash and cash equivalents, digital assets, cash generated from operations and the proceeds from the PIPE transaction expected to be received upon closing, the Company believes this substantial doubt has been alleviated and it has sufficient liquidity to continue as a going concern for the next twelve months.”View the 10-Q filed Aug 14, 2026
Market Cap
$28.88M
Shares
15.70M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Dale Irwin | President | $538,017 |
| Jordan Kovler | Chief Executive Officer | $507,254 |
| Christian Mulvihill | Chief Financial Officer | $268,386 |
| David Anderson | Former Chief Executive Officer | — |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| David Anderson | Former Chief Executive Officer | $1,948,259 |
| Jeffrey E. Kirt | Chief Executive Officer | $1,053,287 |
| Dale Irwin | President | $849,552 |
| Scott MacKenzie | Chief Strategy Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Jeffrey E. Kirt | Chief Executive Officer | $4,408,552 |
| Timothy Rainey | Former Chief Financial Officer | $1,183,683 |
| Dale Irwin | President | $745,573 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Dale Irwin | President | $241,258 |
| Timothy Rainey | Former Chief Financial Officer | $191,617 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Christopher Krug | member of the Company's Board of Directors | Resigned | 2026-04-16 |
| Kenneth Fearn | member of the Company's Board of Directors | Resigned | 2026-04-16 |
| Charles M. Zeynel | director | Appointed | 2025-08-13 |
| Christopher Krug | member of the Board | Appointed | 2025-04-16 |
| Daniel Rothaupt | member of the Board | Resigned | 2025-04-16 |
| David Anderson | member of the Board | Resigned | 2025-04-16 |
| Scott MacKenzie | Chief Strategy Officer | Terminated | 2024-04-29 |
| David Anderson | Chairman of the Board | Appointed | 2023-11-20 |
| Jordan Kovler | Chief Executive Officer | Appointed | 2023-11-20 |
| Christian Mulvihill | Chief Financial Officer | Appointed | 2023-10-17 |
| Terence Burke | General Counsel | Terminated | 2023-05-24 |
| Jordan Kovler | Director | Appointed | 2023-03-27 |
| Jeffrey Kirt | CEO | Resigned | 2022-10-11 |
| Jeffrey Kirt | member of the Board | Resigned | 2022-10-11 |
| Scott MacKenzie | Chief Strategy Officer | Appointed | 2022-10-11 |
| David Anderson | member of the Board | Appointed | 2022-10-11 |
| David Anderson | Chief Executive Officer | Appointed | 2022-10-11 |