Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 145

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 145
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ERS' EQUITY As previously reported  Impact of Adjustment  As Restated Balances at December 31, 2022 $(126,741) $1,251  $(125,490)Net income  264   1,435   1,699 Balances at December 31, 2023  (126,477)  2,686   (123,791)

  As of December 31, 2023 CORRECTED CONSOLIDATED BALANCE SHEETS As previously reported  Impact of Adjustment  As Restated Oil and gas properties, subject to amortization, net $79,186  $2,686  $81,872 Total oil and gas properties, net  91,593   2,686   94,279 Total assets  120,058   2,686   122,744 Accumulated deficit  (126,477)  2,686   (123,791)Total shareholders’ equity  98,766   2,686   101,452 Total liabilities and shareholders’ equity  120,058   2,686   122,744 

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  As of December 31, 2023 CORRECTED CONSOLIDATED STATEMENTS OF OPERATIONS As previously reported  Impact of Adjustment  As Restated Depreciation, depletion, amortization and accretion $10,875  $(1,435) $9,440 Total operating expenses  26,714   (1,435)  25,279 Operating (loss) income  (198)  1,435   1,237 Net Income  264   1,435   1,699 Earnings per common share:            Basic  0.00   0.02   0.02 Diluted  0.00   0.02   0.02 

  As of December 31, 2023 CORRECTED CONSOLIDATED STATEMENTS OF CASH FLOWS As previously reported  Impact of Adjustment  As Restated Cash Flows From Operating Activities:         Net income $264  $1,435  $1,699