Company: PED
Filing Date: 2025-10-29
Form Type: 10-K/A
Source: 0001654954-25-012328
Chunk: 143

Company: PEDEVCO CORP
Filing Date: 2025-10-29
Form: 10-K/A
Chunk 143
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 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 |   |

<div align='center'>See accompanying notes to consolidated financial statements.</div>

| 92 |

<div align='center'>PEDEVCO CORP.

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY

For the Years Ended December 31, 2024 and 2023

(amounts in thousands, except share amounts)</div>

|                                     |     | Common Stock 
 Shares       |            |   |     | Amount |    |     | Additional Paid-in Capital |         |   |     | Accumulated Deficit 
 (As Restated)       |          |   |     | Totals        
 (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 |   |