Viking Energy Group, Inc.: 10-Q filed 2018-08-14

Name: Viking Energy Group, Inc.: 10-Q filed 2018-08-14
Creator: Viking Energy Group, Inc.

What Viking Energy Group, Inc. reported in its quarterly report filed 2018-08-14 (fiscal Q2 2018): 29 published measures, 79 facts as tagged in accession 0001477932-18-003983.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-08-14
Fiscal period: fiscal Q2 2018
Accession: 0001477932-18-003983 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Viking Energy Group, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2018-06-30	46,311,247	USD
At 2017-12-31	46,194,181	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2018-06-30	25,720,016	USD
At 2017-12-31	23,685,868	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2018-06-30	20,591,231	USD
At 2017-12-31	22,508,313	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2018-06-30	5,806,479	USD
At 2017-12-31	5,735,259	USD
At 2017-06-30	9	USD
At 2016-12-31	18,605	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-3,955,216	USD	91
2018-01-01 to 2018-06-30	-5,508,099	USD	181
2017-04-01 to 2017-06-30	-1,322,713	USD	91
2017-01-01 to 2017-06-30	-1,882,114	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	-1,444,544	USD	181
2017-01-01 to 2017-06-30	-265,947	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	2,589,073	USD	181
2017-01-01 to 2017-06-30	146,160	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	-1,073,309	USD	181
2017-01-01 to 2017-06-30	101,191	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2018-06-30	-1,282,465	USD
At 2017-12-31	3,417,872	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	80,957,111	shares	91
2018-01-01 to 2018-06-30	77,650,012	shares	181
2017-04-01 to 2017-06-30	61,272,870	shares	91
2017-01-01 to 2017-06-30	59,032,220	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-0.05	USD/shares	91
2018-01-01 to 2018-06-30	-0.07	USD/shares	181
2017-04-01 to 2017-06-30	-0.02	USD/shares	91
2017-01-01 to 2017-06-30	-0.03	USD/shares	181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-605,490	USD	91
2018-01-01 to 2018-06-30	-877,279	USD	181

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	1,044,612	USD	91
2018-01-01 to 2018-06-30	1,218,099	USD	181
2017-04-01 to 2017-06-30	803,616	USD	91
2017-01-01 to 2017-06-30	1,151,020	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-1,396,697	USD	91
2018-01-01 to 2018-06-30	-1,855,147	USD	181
2017-04-01 to 2017-06-30	-1,008,247	USD	91
2017-01-01 to 2017-06-30	-1,639,766	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2018-06-30	6,431,922	USD
At 2017-12-31	6,857,269	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	2,531,178	USD	91
2018-01-01 to 2018-06-30	3,600,488	USD	181
2017-04-01 to 2017-06-30	433,551	USD	91
2017-01-01 to 2017-06-30	690,261	USD	181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2018-06-30	9,170,411	USD
At 2017-12-31	9,935,948	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2018-06-30	622,808	USD
At 2017-12-31	2,555,869	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2018-06-30	559,682	USD
At 2017-12-31	573,296	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	3,715,319	USD	91
2018-01-01 to 2018-06-30	6,335,716	USD	181
2017-04-01 to 2017-06-30	1,168,677	USD	91
2017-01-01 to 2017-06-30	2,007,059	USD	181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	1,125,936	USD	91
2018-01-01 to 2018-06-30	2,026,461	USD	181
2017-04-01 to 2017-06-30	215,582	USD	91
2017-01-01 to 2017-06-30	485,923	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2018-06-30	83,464,906	shares
At 2017-12-31	72,347,991	shares

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2018-06-30	17,881,570	USD
At 2017-12-31	13,304,881	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-3,955,216	USD	91
2018-01-01 to 2018-06-30	-5,508,099	USD	181
2017-04-01 to 2017-06-30	-1,322,713	USD	91
2017-01-01 to 2017-06-30	-1,880,668	USD	181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2018-04-01 to 2018-06-30	-3,164,009	USD	91
2018-01-01 to 2018-06-30	-4,530,231	USD	181
2017-04-01 to 2017-06-30	-314,466	USD	91
2017-01-01 to 2017-06-30	-242,348	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	866,380	USD	181
2017-01-01 to 2017-06-30	99,909	USD	181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	331,667	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	13,614	USD	181
2017-01-01 to 2017-06-30	-4,328	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2018-01-01 to 2018-06-30	-1,933,061	USD	181
2017-01-01 to 2017-06-30	-48,898	USD	181

Inspect the source

Entity: Viking Energy Group, Inc. / CIK 0001102432
Captured: 2026-09-22 19:40 UTC
SEC response SHA-256: 5fb7806b057ac85e0e05cb7be4015c9ff87d87ca0b1ac6ff469260872e3d1beb

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001102432.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))