For the year ending 2025-12-31, PED had -$286K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (loss) income | -10,362 | 12,293 |
| Depreciation, depletion, amortization and accretion | 18,009 | 15,920 |
| Impairment of oil and gas properties | 908 | - |
| Uncollected account expense | - | 50 |
| Note receivable - credit loss | -1,378 | 0 |
| Amortization of right-of-use asset | 170 | 110 |
| Amortization of deferred financing costs | 267 | - |
| Share-based compensation expense | 2,763 | 1,859 |
| Unrealized gain on derivative contracts, net | 6,253 | - |
| Cash received for derivative settlements, net | -2,136 | - |
| Disposition of escrow cash account | 0 | - |
| Deferred income taxes | 8,055 | -7,255 |
| Loss on sale of oil and gas properties, net | - | -76 |
| (gain) loss on sale of oil and gas properties, net | 2,597 | - |
| Gain on disposal of fixed asset | 0 | 12 |
| Accounts receivable - oil and gas | 4,976 | 2,115 |
| Inventory | 61 | - |
| Note receivable accrued interest | 41 | 85 |
| Prepaid expenses and other assets | 899 | 657 |
| Accounts payable | 2,310 | 541 |
| Accrued expenses | -1,067 | -5,854 |
| Other long term liabilities | 46 | - |
| Revenue payable | 1,064 | -2,105 |
| Net cash provided by operating activities | 10,758 | 12,766 |
| Cash paid for merger acquisition | 115,646 | - |
| Cash paid for drilling and completion costs | 20,486 | 27,857 |
| Cash paid for other property and equipment | 0 | 169 |
| Cash received for sale of oil and gas properties | 2,949 | 1,140 |
| Cash received for security deposit | - | 0 |
| Cash received for sale of vehicle | 0 | 12 |
| Net cash used in investing activities | -133,183 | -26,874 |
| Proceeds from credit facility | 87,000 | - |
| Proceeds from the issuance of convertible preferred stock | 35,000 | - |
| Proceeds from issuance of shares, net of offering costs | 139 | - |
| Net cash provided by investing activities | 122,139 | - |
| Net increase (decrease) in cash and restricted cash | -286 | -14,108 |
| Cash and restricted cash at beginning of period | 6,607 | 20,715 |
| Cash and restricted cash at end of period | 6,321 | 6,607 |
PEDEVCO CORP (PED)
PEDEVCO CORP (PED)