Company: PED
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001654954-25-009652
Chunk: 4

Company: PEDEVCO CORP
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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   140   140 Balances at March 31, 2025  91,339,385  $91  $227,486  $(105,862) $121,715 Issuance of common stock for cash proceeds, net  489,967   1   138   -   139 Share-based compensation  -   -   474   -   474 Net loss  -   -   -   (1,676)  (1,676)Balances at June 30, 2025   91,829,352  $92  $228,098  $(107,538) $120,652 

  Common Stock   Additional Paid-in  Accumulated       Shares  Amount  Capital  Deficit  Total Balances at December 31, 2023  87,250,267  $87  $225,156  $(126,477) $98,766 Issuance of restricted common stock   2,105,000   2   (2)  -   - Share-based compensation  -   -   475   -   475 Net income  -   -   -   773   773 Balances at March 31, 2024  89,355,267   89   225,629   (125,704)  100,014 Rescinded restricted common stock  (70,000)  -   -   -   - Share-based compensation  -   -   462   -   462 Net income  -   -   -   2,681   2,681 Balances at June 30, 2024   89,285,267  $89  $226,091  $(123,023) $103,157 

See accompanying notes to unaudited consolidated financial statements.

 7Table of Contents

PEDEVCO CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

NOTE 1 – BASIS OF PRESENTATION The accompanying interim unaudited consolidated financial statements of PEDEVCO Corp. (“PEDEV