VIVK · Vivakor, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company’s ability to continue as a going concern. ... Based on the above, we believe there is substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed Aug 19, 2026
2 customers — 90% of revenue (the three months ended March 31, 2026)
“During the three months ended March 31, 2026, two customers, including one related party, accounted for approximately 90% of the Company’s revenues.”
2 customers — 15% of revenue (the three months ended March 31, 2025)
“During the three months ended March 31, 2025, two customers, including one related party, accounted for approximately 15% of the Company’s revenues.”
2 customers — 31% of receivables (As of March 31, 2025)
“As of March 31, 2025, these customers represented approximately 31% of the Company’s accounts receivable balance.”
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.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Patrick Knapp | Secretary | Resigned | 2025-11-12 |
| Patrick Knapp | Executive Vice President, General Counsel and Secretary | Resigned | 2025-11-12 |
| Les Patterson | Executive Vice President and Chief Operating Officer | Appointed | 2025-08-18 |
| Russ M. Shelton | Executive Vice President and Chief Operating Officer | Resigned | 2025-08-06 |
| Tyler Nelson | Member of the Board of Directors | Resigned | 2025-07-24 |
| Tyler Nelson | Chief Financial Officer | Resigned | 2025-07-24 |
| Kimberly Hawley | Executive Vice President, Chief Financial Officer, and Treasurer | Appointed | 2025-07-24 |
| Jeremy Gamboa | Division President, Logistics | Appointed | 2024-10-24 |
| Russ Shelton | Executive Vice President and Chief Operating Officer | Appointed | 2024-10-07 |
| Patrick M. Knapp | Executive Vice President, General Counsel, & Secretary | Appointed | 2024-07-02 |
| Tyler Nelson | Chief Financial Officer | Appointed | 2024-06-14 |
| Michael Thompson | member of the Board | Appointed | 2024-06-07 |
| David Natan | Board of Directors | Resigned | 2023-12-12 |
| Matthew Balk | member of the Board | Resigned | 2023-01-20 |
| Tyler Nelson | member of the Board | Appointed | 2023-01-20 |
| Albert Johnson | independent member of the Board | Appointed | 2023-01-20 |
| John Harris | independent member of the Board | Appointed | 2023-01-20 |
| Trent Staggs | member of the Board | Resigned | 2023-01-10 |
| David Natan | to the Board, as Chair of the Audit Committee and as a member of the Compensation Committee and the Nominating and Governance Co | Appointed | 2022-12-21 |
| Al Ferrara | Board | Resigned | 2022-12-02 |
| James Ballengee | Chairman of the Board of Directors | Appointed | 2022-11-03 |
| James Ballengee | Chief Executive Officer | Appointed | 2022-11-03 |
| Matthew Nicosia | Chairman of the Board of Directors | Resigned | 2022-10-06 |
| Matthew Nicosia | Chief Executive Officer | Resigned | 2022-10-06 |
| Joseph Spence | Director | Resigned | 2022-07-08 |