Company: PED
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001654954-25-013092
Chunk: 14

Company: PEDEVCO CORP
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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 during the nine months ended September 30, 2025, was:    Number ofStock Options  Weighted Average Exercise Price   Weighted Average Remaining ContractTerm (Years) Outstanding at December 31, 2024  1,835,667  $1.12   2.4 Granted  464,000  $0.85     Expired/Canceled  (215,667) $1.68     Outstanding at September 30, 2025   2,084,000  $1.00   2.5 Exercisable at September 30, 2025  1,156,666  $1.14   1.6 

NOTE 12 – EARNINGS (LOSS) PER COMMON SHARE  Earnings (loss) per common share-basic is calculated by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Net income (loss) per common share-diluted assumes the conversion of all potentially dilutive securities and is calculated by dividing net income by the sum of the weighted average number of shares of common stock, as defined above, outstanding plus potentially dilutive securities. Net income (loss) per common share-diluted considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares, as defined above, would have an anti-dilutive effect.  The calculation of earnings (loss) per share for the periods indicated below were as follows (amounts in thousands, except share and per share data):   Three Months EndedSeptember 30,  Nine Months EndedSeptember 30,   2025  2024  2025  2024 Numerator:            Net (loss) income $(325) $2,915  $(1,861) $6,369                  Denominator:                Weighted average common shares – basic  92,161,635   89,428,310   91,482,504   89,147,092                  Dilutive effect of common stock equivalents:                Options   -   -   -   -                  Denominator:                Weighted average common shares – diluted  92,161,635   89,428