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.”
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Institutional Ownership Trend
Holder Concentration
Across 11 13F filers · Δ vs Dec 31, 2025Quarterly Activity
Top New Positions
vs Dec 31, 2025| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small Inscription Capital, LLC | 47,295 | $312,147 | |
| Mid Virtu Financial LLC | 5,389 | $35,566 | |
| Large HRT FINANCIAL LP | 3,348 | $22,094 | |
| Mega JANE STREET GROUP, LLC | 3,203 | $21,138 | |
| Mega UBS Group AG | 1,101 | $7,265 |
Top Sold-Out Positions
vs Dec 31, 2025| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mid XTX Topco Ltd | 23 | $907 | |
| Small TCFG WEALTH MANAGEMENT, LLC | 3 | $109 | |
| Mid T3 Companies, LLC | 2 | $99 | |
| Mid SBI Securities Co., Ltd. | 0 | $0 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Small Inscription Capital, LLC | $312,147 | 77.30% | 945,900 | Shares | 2026-08-13 | |
| Mid Virtu Financial LLC | $35,566 | 8.81% | 107,778 | Shares | 2026-08-13 | |
| Large HRT FINANCIAL LP | $22,094 | 5.47% | 66,952 | Shares | 2026-08-14 | |
| Mega JANE STREET GROUP, LLC | $21,138 | 5.23% | 64,059 | Shares | 2026-08-14 | |
| Mega UBS Group AG | $7,265 | 1.80% | 22,019 | Shares | 2026-08-13 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4,738 | 1.17% | 14,359 | Shares | 2026-08-14 | |
| Micro MARYLAND CAPITAL ADVISORS INC. | $825 | 0.20% | 125 | Shares | 2026-07-17 | |
| Large Steward Partners Investment Advisory, LLC | $7 | 0.00% | 23 | Shares | 2026-08-13 | |
| Large NewEdge Advisors, LLC | $4 | 0.00% | 15 | Shares | 2026-08-12 | |
| Large OSAIC HOLDINGS, INC. | $3 | 0.00% | 10 | Shares | 2026-08-14 | |
| Mid Larson Financial Group LLC | $1 | 0.00% | 3 | Shares | 2026-08-14 |