{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-003246","form_type":"8-K","ticker":"PED","cik":"0001141197","company_name":"PEDEVCO CORP","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.507007+00:00","generated_at":"2026-06-04T14:32:52.628120+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PEDEVCO reports 2023 production up 43% YoY to 1,427 BOEPD; net income $0.3M vs $2.8M","bullets":["Revenue $31M (+2% YoY); adjusted EBITDA $17.5M (+8%); zero debt; cash $20.7M.","Net income $0.3M ($0.00/diluted share) vs $2.8M ($0.03) in 2022, impacted by $4.3M loss on sale of non-core assets.","2024 capex guided $20-30M, including $17-27M for drilling in Permian and D-J Basin.","Sale of EOR Operating subsidiary reduced plugging liabilities by over $3.2M and lowers monthly LOE.","Average realized price $59.10/boe, down 28% YoY; oil production 382,794 barrels (74% of total)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-003246","json":"https://secwatch.observer/filing/0001654954-24-003246.json","markdown":"https://secwatch.observer/filing/0001654954-24-003246.md","text":"https://secwatch.observer/filing/0001654954-24-003246.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424003246/0001654954-24-003246-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424003246/ped_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T14:32:52.628120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a43ca81b8ed45fa3852cd96859610e8e707a371","claim":"PEDEVCO CORP reported the year ended December 31, 2023 results: revenue $31 million, net income $0.3 million, EPS $0.00 per basic diluted share outstanding.","evidence_excerpt":"EBITDA, a non-GAAP financial measure (discussed in greater detail below), increased 8% to $17.5 million in 2023, compared to $16.1 million in 2022. · Reported revenue of $31 million, increasing 2% over 2022 revenue. · Reported operating loss of $0.2 million and operating expenses (inclusive of general and administrative expenses, depreciation, depletion and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424003246/0001654954-24-003246-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$31 million"},{"label":"Net income","value":"$0.3 million"},{"label":"EPS","value":"$0.00 per basic diluted share outstanding"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}