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VGTK on OTC

Viking Global Technologies, Inc.

Viking Global Technologies, Inc. is a crude petroleum and natural gas company, listed on OTC (VGTK).1 It is headquartered in Houston, Texas.1

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Last updated Oct 21, 2026.

Overview

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  • TickerVGTK on OTC1
  • IndustryCrude Petroleum & Natural Gas1
  • HeadquartersHouston, Texas1
  • Business address15915 Katy Freeway, Suite 450, Houston, Tx 770942
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Camber is a growth-oriented diversified company with interests in innovative, industry-changing or industry-leading technologies, as well as an interest in a company that provides custom energy and power solutions to commercial and industrial clients in North America. Our existing portfolio of innovative technologies includes: (i) a majority interest in an entity with intellectual property rights to a fully developed, patented, proprietary medical and bio-hazard waste treatment system using ozone technology; and (ii) a majority interest in entities with the intellectual property rights to fully developed, patented and patent pending, proprietary electric transmission and distribution broken conductor protection systems, and a license to a patented clean energy and carbon-capture system with exclusivity in Canada and for multiple locations in the United States.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-127.6%Operating margin4
-70.8%Net margin4
-78.2%Revenue growth, 20254
-$2.3MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Power Generation brought in 100% of the revenue Viking Global Technologies, Inc. broke down this way in fiscal 2024.

  1. Power Generation$28.5M4100%
  2. Other, Oil and Gas$99.0K40%
Products and services by year
Products and services2024
Power Generation$28.5M
Other, Oil and Gas$99.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue72¢$4.6M
  • Interest28¢$1.8M

Out of $6.2M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$6.2M in 2025+127% since 2019
0$10.0M$20.0M$30.0M$40.0M2019: $2.7M$2.7M20192020: $150.8K$150.8K2020−95%2021: $401.2K$401.2K2021+166%2022: $597.3K$597.3K2022+49%2023: $32.1M$32.1M2023+5267%2024: $28.6M$28.6M2024−11%2025: $6.2M$6.2M2025−78%
Operating income971084-$7.9M in 2025
-$20.0M-$10.0M0$10.0M$20.0M2019: $18.6M$18.6M20192020: -$5.0M-$5.0M20202021: -$5.4M-$5.4M2021+8%2022: -$9.7M-$9.7M2022+78%2023: -$7.0M-$7.0M2023−28%2024: -$11.2M-$11.2M2024+60%2025: -$7.9M-$7.9M2025−29%
Net income1171084-$4.4M in 2025
-$200.0M-$100.0M0$100.0M2019: $42.0M$42.0M20192020: $28.0M$28.0M2020−33%2021: -$169.7M-$169.7M20212022: -$17.4M-$17.4M2022−90%2023: -$18.5M-$18.5M2023+7%2024: -$68.1M-$68.1M2024+268%2025: -$4.4M-$4.4M2025−94%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Power generation units and parts$3.8M$15.7M
Service and repairs$2.5M$12.8M
Oil and gas$0$99.0K
Total revenue$6.2M$28.6M
Cost of goods sold$4.6M$20.8M
Lease operating costs$0$22.4K
General and administrative$5.5M$15.9M
Impairment of intangible assets$3.7M$2.2M
Depreciation, depletion and amortization$291.6K$779.6K
Accretion - asset retirement obligation$0$536
Total operating expenses$14.2M$39.8M
Loss from operations-$7.9M-$11.2M
Interest expense, net-$1.8M-$2.2M
Amortization of debt discount-$3.2M-$3.3M
Change in fair value of derivative liability$266.9K-$18.3M
Gain on partial disposal of interest in subsidiary$6.2M$0
Change in fair value of investment$541.7K$0
Equity in earnings of unconsolidated entity$10.6K
Loss on disposal of oil and gas properties$0-$755.5K
Loss on extinguishment of debt$0-$811.1K
Goodwill impairment$0-$34.9M
Other income$676.7K$1.2M
Total other income (expense), net$2.6M-$59.1M
Net loss before income taxes-$5.3M-$70.3M
Income tax benefit (expense)$0$0
Net loss-$5.3M-$70.3M
Net loss attributable to non-controlling interest-$918.1K-$2.1M
Net loss attributable to Camber Energy, Inc.-$4.4M-$68.1M
Loss per common share, basic and diluted-$0.02-$0.35
Weighted average number of common shares outstanding, basic and diluted275.3M shares196.9M shares

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Corporate structure

Viking Global Technologies, Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Viking Global Technologies, Inc.

  • Viking Global Technologies, Inc. Houston, Texas

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Viking Global Technologies, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$04 Dec 31, 2025$1.4M4 Dec 31, 2024−100.0%
Operating-lease assets (leased space)$04 Dec 31, 2025$7.5M4 Dec 31, 2024−100.0%
Oil and gas properties$08 Dec 31, 2024$1.1M8 Dec 31, 2023−100.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$08 Dec 31, 2024$34.9M8 Dec 31, 2023−100.0%
Finite-lived intangibles, gross$4.0M8 Dec 31, 2024$4.3M8 Dec 31, 2023−7.3%
Finite-lived intangibles, net$04 Dec 31, 2025$4.0M4 Dec 31, 2024−100.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$901.4K4 Dec 31, 2025$8.7M4 Dec 31, 2024−89.6%
Work in process$686.4K4 Dec 31, 2025$7.3M4 Dec 31, 2024−90.6%
Finished goods$215.0K4 Dec 31, 2025$2.7M4 Dec 31, 2024−92.0%

Properties, in its own words

The Company’s head office is located at 12 Greenway Plaza, Suite 1100, Houston, Texas 77046.

Item 2 of the 10-K filed Mar 30, 2026.3

Leadership

Who has led Viking Global Technologies, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Connie Linder2006
  2. James J. Cerna Jr.2008
  3. William Alexander Sawyer2009–2012
  4. Anthony Charles Schnur2013–2017
  5. Louis G. Schott2018
  6. James Andrew Doris2021–2023

President

  1. James J. Cerna Jr.2006–2008
  2. William Alexander Sawyer2006–2010
  3. Anthony Charles Schnur2013–2017
  4. James Andrew Doris2021

Chief financial officer

  1. Steven Bekropoulos2006
  2. Malek A. Bohsali2007–2008
  3. Donald L. Sytsma2009–2010
  4. Kwongyip Andrew Lai2011–2012
  5. Anthony Charles Schnur2012–2013
  6. William J. Dale2013
  7. Robert W. Schleizer2017
  8. Frank W. Barker Jr.2023
  9. John F. McVicar2024

Chief operating officer

  1. Kenneth Ray Sanders2016–2017
2010201520202025
Board members and other officers (24)

Former names

  • CAMBER ENERGY, INC.Jan 6, 2017 to Aug 13, 20262
  • LUCAS ENERGY, INC.Sep 8, 2005 to Jan 5, 20172
  • Panorama Investments CorpNov 17, 2004 to Jun 20, 20062

Timeline

  1. Oct 2, 20268-K Entered a material agreement; New debt or obligation52
  2. Sep 14, 20268-K Bylaws or fiscal year changed53
  3. Jun 4, 20268-K Entered a material agreement; Completed an acquisition or sale54
  4. Apr 23, 20268-K Entered a material agreement55
  5. Apr 13, 20268-K Regulation FD disclosure; Other events56
  6. Mar 4, 20268-K Regulation FD disclosure; Other events57
  7. Nov 10, 20258-K Regulation FD disclosure; Other events58
  8. Sep 22, 20258-K Entered a material agreement59
  9. Aug 14, 20258-K Entered a material agreement60
  10. Aug 6, 20258-K Entered a material agreement; Completed an acquisition or sale61
  11. Jul 2, 20258-K Other events62
  12. Jun 30, 20258-K Other events63
  13. Jan 7, 2021New chief executive James Andrew Doris becomes CEO14
  14. Jun 4, 2018New chief executive Louis G. Schott becomes CEO15
  15. Jan 9, 2013New chief executive Anthony Charles Schnur becomes CEO16
  16. May 26, 2009New chief executive William Alexander Sawyer becomes CEO17
  17. Mar 14, 2008New chief executive James J. Cerna Jr. becomes CEO18
  18. Jan 24, 2006New chief executive Connie Linder becomes CEO19

Calendar

When it reported results

  1. Aug 27, 2024Reported quarterly or annual results64

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

183 filings to the SEC since October 2021: 12 annual reports, 33 quarterly reports, 80 major events, 6 insider forms, 6 large holders, 46 other. The latest 20:

  1. Oct 2, 20268-K EDGAR
  2. Sep 14, 20268-K EDGAR
  3. Aug 13, 202610-Q EDGAR
  4. Jun 4, 20268-K EDGAR
  5. May 11, 202610-Q EDGAR
  6. Apr 23, 20268-K EDGAR
  7. Apr 13, 20268-K EDGAR
  8. Mar 30, 202610-K EDGAR
  9. Mar 4, 20268-K EDGAR
  10. Nov 12, 202510-Q EDGAR
  11. Nov 10, 20258-K EDGAR
  12. Sep 22, 20258-K EDGAR
  13. Aug 14, 20258-K EDGAR
  14. Aug 8, 202510-Q EDGAR
  15. Aug 6, 20258-K EDGAR
  16. Jul 2, 20258-K EDGAR
  17. Jun 30, 20258-K EDGAR
  18. May 21, 202510-Q EDGAR
  19. May 15, 2025NT 10-Q EDGAR
  20. May 12, 202510-K EDGAR

The 183 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Viking Global Technologies, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARViking Global Technologies, Inc.1
  • CIK0001309082
  • Employer ID (EIN)20-26602433
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inNevada3
  • Fiscal year endsDecember 311
  • Industry code (SIC)1311 Crude Petroleum & Natural Gas1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address15915 Katy Freeway, Suite 450, Houston, TX 770941
  • Phone(281) 404-43871
  • Shares outstanding281,786,525 as of Aug 13, 202613
  • Public float$7.9M as of Jun 30, 20253
  • AuditorTurner, Stone & Company, L.L.P., Dallas, Texas PCAOB ID 76; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceNov 17, 20041
  • Filings1,012 in all: 8-K (367), 4 (155), 10-Q (55), CORRESP (36), 3 (33), 425 (28), UPLOAD (24), 8-K/A (22)1
    All 55 form types

    SC 13G/A (21), DEF 14A (20), DEFA14A (20), 10-Q/A (19), 10-K (18), SC 13G (16), PRE 14A (14), SC 13D (14), EFFECT (12), SC 13D/A (12), NT 10-Q (11), 10QSB (9), 424B3 (9), 4/A (8), NT 10-K (8), S-3 (8), 10-K/A (7), 424B5 (7), S-3/A (6), PRER14A (5), S-4/A (5), S-8 (5), 10SB12G/A (3), 5 (3), S-1/A (3), 10KSB (2), D (2), DEF 14C (2), REGDEX (2), RW (2), S-1 (2), S-4 (2), 10-KT (1), 10-KT/A (1), 10SB12B (1), 10SB12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERTAMX (1), DEFR14A (1), DFAN14A (1), PREM14C (1), S-8 POS (1), SB-2 (1), SB-2/A (1), SC 14F1 (1)

  • Latest filingsAnnual report (10-K) Mar 30, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) Oct 18, 2023
    Latest 8-K (8-K) Oct 2, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.001 par value

From the cover page of the 10-K filed Mar 30, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

The risks Viking Global Technologies, Inc. names in Item 1A of its 10-K filed Mar 30, 2026: 28 risks under these headings, as written.3

  • Because of the unique difficulties and uncertainties inherent in technology development, we face a risk of not being able to capitalize on our license or ownership of intellectual property.
  • Technology development involves significant time and expense and can be uncertain.
  • Successful technical development of technologies associated with intellectual property does not guarantee successful commercialization.
  • Other companies may claim that we infringe their intellectual property, which could materially increase our costs and harm our ability to generate future revenue and profit.
  • Renewable energy investments may be linked to government subsidies.
  • We have identified material weaknesses in our disclosure controls and procedures and internal control over financial reporting. If not remediated, our failure to establish and maintain effective disclosure controls and procedures and internal control over financial reporting could result in material misstatements in our financial statements and a failure to meet our reporting and financial obligations, each of which could have a material adverse effect on our financial condition and the trading price of our common stock.
  • We may have difficulty managing growth in our business, which could have a material adverse effect on our business, financial condition and results of operations and our ability to execute our business plan in a timely fashion.
  • Need for Additional Financing.
  • No Assurance of Success or Profitability.
  • If we lose the services of our Chief Executive Officer, our operations could be disrupted, and our business could be harmed.
  • Cybersecurity breaches or business system disruptions may adversely affect our business.
  • Increasing legal and regulatory focus on data privacy and security issues could expose us to increased liability and operational changes and costs.
The other 16 risks
  • The Company is required to indemnify its Officers and Directors.
  • We may be dependent upon outside advisors.
  • The staff of the SEC’s Division of Enforcement notified Viking that the Staff had made a preliminary determination to recommend that the SEC file an enforcement action against Viking, as well as against its CEO and its former CFO, for alleged violation so securities laws.
  • We currently have outstanding indebtedness and we may incur additional indebtedness which could reduce our financial flexibility, increase interest expense and adversely impact our operations in the future.
  • Risks Relating To An Investment In Our Securities
  • We do not intend to pay cash dividends to our stockholders.
  • We currently have a volatile market for our common stock, and the market for our common stock is and may remain volatile in the future.
  • A prolonged decline in the market price of our common stock could affect our ability to obtain additional financing which would adversely affect our operations.
  • Nevada law and our Articles of Incorporation authorize us to issue shares of stock which shares may cause substantial dilution to our existing stockholders.
  • Stockholders may be diluted significantly through our efforts to obtain financing and/or satisfy obligations through the issuance of additional shares of our common stock.
  • If persons engage in short sales of our common stock, including sales of shares to be issued upon exercise of our outstanding warrants, convertible debentures and preferred stock, the price of our common stock may decline.
  • The market price for our common stock may be volatile, and our stockholders may not be able to sell our stock at a favorable price or at all.
  • Substantial sales of our common stock, or the perception that such sales might occur, could depress the market price of our common stock.
  • We incur significant costs as a result of operating as a fully reporting publicly traded company and our management is required to devote substantial time to compliance initiatives.
  • Securities analyst coverage or lack of coverage may have a negative impact on our common stock’s market price.
  • Due to the fact that our common stock is listed on the OTC:QB, we are subject to financial and other reporting and compliance obligations, which increase our costs and expenses.
  • You may experience future dilution as a result of future equity offerings or other equity issuances.

Legal proceedings

From time to time, the Company may be involved in litigation relating to claims arising out of commercial operations in the normal course of business. As of December 31, 2025, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the Company’s results of operations.

Merger-Related Litigation

On February 9, 2024, plaintiff Lawrence Rowe, on behalf of himself and all other similarly situated former public minority shareholders of Viking, filed against the Company and its CEO a putative Class Action Complaint (i.e. C.A. No.4:24-cv-00489) styled Lawrence Rowe, Individually and on Behalf of All Others Similarly Situated v. James A. Doris and Camber Energy, Inc., in the U.S. District Court for the Southern District of Texas, Houston Division. The complaint alleges breaches of fiduciary duty in connection with the merger between Viking and the Company and seeks to recover damages for the alleged breaches. The defendants deny the allegations and filed a motion to dismiss (“MTD”) the case on April 26, 2024. The MTD hearing was held on August 30, 2024. On March 31 2025, the U.S. District Court for the Southern District of Texas, Houston Division, granted a motion by the Company to dismiss the complaint with prejudice. The deadline for the Plaintiff to appeal the Court’s decision expired on April 30, 2025.

Maranatha Oil Matter

The opening of Item 3, Legal Proceedings.3

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