Viking Energy Group, Inc.: 10-Q filed 2022-08-12

Name: Viking Energy Group, Inc.: 10-Q filed 2022-08-12
Creator: Viking Energy Group, Inc.

What Viking Energy Group, Inc. reported in its quarterly report filed 2022-08-12 (fiscal Q2 2022): 38 published measures, 106 facts as tagged in accession 0001477932-22-005918.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-12
Fiscal period: fiscal Q2 2022
Accession: 0001477932-22-005918 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 2022-06-30	65,584,734	USD
At 2021-12-31	58,150,856	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-06-30	37,328,651	USD
At 2021-12-31	40,122,627	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2022-06-30	16,864,751	USD
At 2021-12-31	13,418,958	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
2022-04-01 to 2022-06-30	-3,611	USD	91
2022-01-01 to 2022-06-30	-3,286,170	USD	181
2021-04-01 to 2021-06-30	-9,851,754	USD	91
2021-01-01 to 2021-06-30	-18,904,027	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
2022-01-01 to 2022-06-30	-4,123,509	USD	181
2021-01-01 to 2021-06-30	2,524,723	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	32,484	USD	181
2021-01-01 to 2021-06-30	0	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	6,585,445	USD	91
2022-01-01 to 2022-06-30	12,505,562	USD	181
2021-04-01 to 2021-06-30	10,696,633	USD	91
2021-01-01 to 2021-06-30	21,190,712	USD	181
2021-01-01 to 2021-03-31	10,494,079	USD	90

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
2022-01-01 to 2022-06-30	2,900,284	USD	181
2021-01-01 to 2021-06-30	-2,770,480	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
2022-01-01 to 2022-06-30	1,022,391	USD	181
2021-01-01 to 2021-06-30	-122,752	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 2022-06-30	-110,046,514	USD
At 2021-12-31	-106,760,344	USD

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	Unit	Days
2022-04-01 to 2022-06-30	USD	91
2022-01-01 to 2022-06-30	USD	181
2021-04-01 to 2021-06-30	USD	91
2021-01-01 to 2021-06-30	USD	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-06-30	1,510,486	USD
At 2021-12-31	1,487,012	USD

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
2022-04-01 to 2022-06-30	296,062	USD	91
2022-01-01 to 2022-06-30	588,870	USD	181
2021-04-01 to 2021-06-30	114,793	USD	91
2021-01-01 to 2021-06-30	388,543	USD	181
2021-01-01 to 2021-03-31	273,750	USD	90

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
2022-04-01 to 2022-06-30	-677,427	USD	91
2022-01-01 to 2022-06-30	-3,898,938	USD	181
2021-04-01 to 2021-06-30	1,699,876	USD	91
2021-01-01 to 2021-06-30	3,553,586	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 2022-06-30	20,234,757	USD
At 2021-12-31	21,805,426	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
2022-04-01 to 2022-06-30	219,283	USD	91
2022-01-01 to 2022-06-30	353,045	USD	181
2021-04-01 to 2021-06-30	3,179,380	USD	91
2021-01-01 to 2021-06-30	6,431,875	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 2022-06-30	26,814,577	USD
At 2021-12-31	30,070,453	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 2022-06-30	3,324,595	USD
At 2021-12-31	8,325,469	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2022-06-30	252,290	USD
At 2021-12-31	252,290	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2022-03-31	15,433,340	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
2022-04-01 to 2022-06-30	7,262,872	USD	91
2022-01-01 to 2022-06-30	16,404,500	USD	181
2021-04-01 to 2021-06-30	8,996,757	USD	91
2021-01-01 to 2021-06-30	17,637,126	USD	181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2022-06-30	8,146,111	USD
At 2021-12-31	5,490,435	USD

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 2022-06-30	114,780,967	shares
At 2021-12-31	111,030,965	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-06-30	3,332,399	USD
At 2021-12-31	3,467,938	USD
At 2021-06-30	7,471,030	USD
At 2020-12-31	7,839,539	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-06-30	126,909,137	USD
At 2021-12-31	120,246,224	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2022-06-30	-112,686	USD
At 2021-12-31	-177,981	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2022-06-30	28,256,083	USD
At 2021-12-31	18,028,229	USD
At 2021-06-30	-15,054,324	USD
At 2020-12-31	-16,302,163	USD

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 2022-06-30	6,974,427	USD
At 2021-12-31	11,171,508	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2022-06-30	670,957	USD
At 2021-12-31	1,065,967	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-191,960	USD	91
2022-01-01 to 2022-06-30	-3,835,024	USD	181
2021-04-01 to 2021-06-30	-9,851,754	USD	91
2021-01-01 to 2021-06-30	-18,904,027	USD	181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-191,960	USD	91
2022-01-01 to 2022-06-30	-3,835,024	USD	181
2021-04-01 to 2021-06-30	-9,851,754	USD	91
2021-01-01 to 2021-06-30	-18,904,027	USD	181

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
2022-04-01 to 2022-06-30	-85,215	USD	91
2022-01-01 to 2022-06-30	-3,246,667	USD	181
2021-04-01 to 2021-06-30	-9,851,754	USD	91
2021-01-01 to 2021-06-30	-18,904,027	USD	181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	3,186,601	USD	91
2022-01-01 to 2022-06-30	8,480,762	USD	181
2021-04-01 to 2021-06-30	1,199,699	USD	91
2021-01-01 to 2021-06-30	2,320,934	USD	181
2021-01-01 to 2021-03-31	1,121,235	USD	90

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
2022-04-01 to 2022-06-30	485,467	USD	91
2022-01-01 to 2022-06-30	63,914	USD	181
2021-04-01 to 2021-06-30	-11,551,630	USD	91
2021-01-01 to 2021-06-30	-22,457,613	USD	181

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	0	USD	181
2021-01-01 to 2021-06-30	0	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
2022-01-01 to 2022-06-30	-855,796	USD	181
2021-01-01 to 2021-06-30	1,785,700	USD	181

Change in inventories

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

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	2,655,676	USD	181
2021-01-01 to 2021-06-30	0	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
2022-01-01 to 2022-06-30	-5,000,874	USD	181
2021-01-01 to 2021-06-30	433,677	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

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

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"])))