Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 1119

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1119
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 (14,108)  (12,262)Cash and restricted cash at beginning of year  20,715   32,977 Cash and restricted cash at end of year $6,607  $20,715          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 $5,747  $7,674 Change in estimates of asset retirement costs $3,501  $39 Issuance of restricted common stock  $2  $1 

See accompanying notes to consolidated financial statements.

 89Table of Contents

PEDEVCO CORP.

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

For the Years Ended December 31, 2024 and 2023

(amounts in thousands, except share amounts) 

        Additional         Common Stock  Paid-in  Accumulated      Shares  Amount  Capital  Deficit  Totals         (As Restated)  (As Restated) Balances at December 31, 2022  85,790,267  $86  $223,114  $(125,490) $97,710 Issuance of restricted common stock  1,460,000   1   (1)  -   - Stock-based compensation  -   -   2,043   -   2,043 Net income  -   -   -   1,699   1,699 Balances at December 31, 2023  87,250,267   87   225,156   (123,791)  101,452 Issuance of restricted common stock  2,315,000   2   (2)  -   - Rescinded restricted common stock  (70,000)  -   -   -   - Stock-based compensation  -   -   1,859   -   1,859 Net income  -   -   -   17