For the year ending 2025-12-31, PED has $375,869K in assets. $168,505K in debts. $3,222K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash | 3,222 | 4,010 | ||
| Accounts receivable - oil and gas | 25,666 | 7,995 | ||
| Note receivable, current | 0 | 293 | ||
| Inventory | 61 | - | ||
| Derivative contract assets, current | 8,368 | - | ||
| Prepaid expenses and other current assets | 434 | 917 | ||
| Total current assets | 37,751 | 13,215 | ||
| Oil and gas properties, subject to amortization, net | 303,411 | 95,070 | ||
| Oil and gas properties, not subject to amortization, net | 18,859 | 8,442 | ||
| Total oil and gas properties, net | 322,270 | 103,512 | ||
| Note receivable | 0 | 933 | ||
| Operating lease - right-of-use asset | 213 | 224 | ||
| Derivative contract assets | 9,640 | - | ||
| Deferred income taxes | 0 | 7,255 | ||
| Other assets | 5,995 | 3,210 | ||
| Total assets | 375,869 | 128,349 | ||
| Accounts payable | 32,436 | 2,625 | ||
| Accrued expenses | 8,245 | 2,255 | ||
| Revenue payable | 21,480 | 1,266 | ||
| Operating lease liabilities - current | 182 | 99 | ||
| Derivative contract liabilities - current | 964 | - | ||
| Asset retirement obligations - current | 1,170 | 663 | ||
| Total current liabilities | 64,477 | 6,908 | ||
| Revolving credit facility | 87,000 | - | ||
| Operating lease liabilities, net of current portion | 32 | 129 | ||
| Derivative contract liabilities | 6,358 | - | ||
| Asset retirement obligations, net of current portion | 7,641 | 5,708 | ||
| Deferred income taxes | 800 | - | ||
| Other long-term liabilities | 2,197 | - | ||
| Total liabilities | 168,505 | 12,745 | ||
| Series a preferred stock, 0.001 par value, 200,000,000 shares authorized 17,013,637 and -0- shares issued and outstanding, respectively | 17,014 | - | ||
| Common stock, 0.001 par value, 200,000,000 shares authorized 4,797,239 and 4,474,765 shares issued and outstanding, respectively | 5 | 89 | ||
| Additional paid-in capital | 312,205 | 227,013 | ||
| Accumulated deficit | -121,860 | -111,498 | ||
| Total shareholders' equity | 207,364 | 115,604 | ||
| Total liabilities and shareholders' equity | 375,869 | 128,349 | ||
PEDEVCO CORP (PED)
PEDEVCO CORP (PED)