Company: PED
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001654954-25-003703
Chunk: 1472

Company: PEDEVCO CORP
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 1472
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Table of Contents

  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 

   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  96,459   1,251   97,710 Total liabilities and shareholders’ equity  116,110   1,251   117,361    As of December 31, 2022 CORRECTED CONSOLIDATED STATEMENTS OF OPERATIONS As previously reported  Impact of Adjustment  As Restated Depreciation, depletion, amortization and accretion $11,153  $(1,251) $9,902 Total operating expenses  27,404   (1,251)  26,153 Operating (loss) income  2,630   1,251   3,881 Net Income  2,844   1,251   4,095 Earnings per common share:            Basic  0.03   0.02   0.05 Diluted  0.03   0.02   0.05 

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  As of December 31, 2022 CORRECTED CONSOLIDATED STATEMENTS OF CASH FLOWS As previously reported  Impact of Adjustment  As Restated