Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 134

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 134
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)  - Uncollected account expense  50   - Amortization of right-of-use asset  110   100 Deferred income tax benefit  (12,751)  - Changes in operating assets and liabilities:        Accounts receivable – oil and gas  (2,115)  (3,360)Note receivable  (85)  (19)Prepaid expenses and other current assets  (657)  (11)Accounts payable  541   (11)Accrued expenses  (5,854)  6,979 Revenue payable  (2,105)  2,353 Net cash provided by operating activities  12,766   23,481          Cash Flows From Investing Activities:        Cash paid for drilling and completion costs  (27,857)  (34,951)Cash paid for other property and equipment  (169)  (45)Proceeds from the sale of oil and gas property  1,140   366 Cash received for sale of vehicle  12   - Cash paid for issuance of note receivable  -   (1,122)Cash received for security deposit  -   9 Net cash used in investing activities  (26,874)  (35,743)         Net decrease in cash and restricted cash  (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