Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 1245

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 1245
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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 Depreciation, depletion and amortization  10,875   (1,435)  9,440 Net cash used in operating activities  23,481   -   23,481 

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  As of December 31, 2022 CORRECTED CONSOLIDATED BALANCE SHEETS As previously reported  Impact of Adjustment  As Restated Oil and gas properties, subject to amortization, net $79,372  $1,251  $80,623 Total oil and gas properties, net  80,147   1,251   81,398 Total assets  116,110   1,251   117,361 Accumulated deficit  (126,741)  1,251   (125,490)Total shareholders’ equity  96