Company: PED
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001654954-25-005762
Chunk: 35

Company: PEDEVCO CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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, depletion, amortization and accretion  3,346   3,485 Impairment of oil and gas properties  232   - Amortization of right-of-use asset  28   28 Share-based compensation expense  475   475 Gain on sale of fixed asset  -   (12)Deferred income tax benefit  76   - Changes in operating assets and liabilities:        Accounts receivable – oil and gas  (3,853)  (945)Note receivable accrued interest  (41)  (27)Prepaid expenses and other current assets  81   64 Accounts payable  (3,154)  (62)Accrued expenses  6,432   (6,621)Revenue payable  2,166   (1,453)Net cash provided by (used in) operating activities  5,928   (4,295)         Cash Flows From Investing Activities:        Cash paid for drilling and completion costs  (1,403)  (883)Cash received for sale of oil and gas property  2,028   - Cash received for sale of vehicle  -   12 Cash paid for vehicle  -   (55)Net cash provided by (used in) investing activities  625   (926)         Net increase (decrease) in cash and restricted cash  6,553   (5,221)Cash, cash equivalents and restricted cash at beginning of period  6,607   20,715 Cash, cash equivalents and restricted cash at end of period $13,160  $15,494          Supplemental Disclosure of Cash Flow Information        Cash paid for:        Interest $-  $- Income taxes $-  $-          Noncash investing and financing activities:        Change in accrued oil and gas development costs $4,277  $4,709Changes in estimates of asset retirement costs, net $1,085  $102 Issuance of restricted common stock $2  $2 

See accompanying notes to unaudited consolidated financial statements.

 6Table of Contents

PEDEVCO CORP.

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY