{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-006423","form_type":"8-K","ticker":"PED","cik":"0001141197","company_name":"PEDEVCO CORP","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.443707+00:00","generated_at":"2026-06-01T22:39:13.220923+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PEDEVCO Q1 net income falls to $0.8M; production rises to 1,478 BOEPD","bullets":["Net income $0.8M ($0.01/sh) vs $1.8M ($0.02/sh) in Q1 2023; revenue $8.12M, down 1%.","Average production 1,478 BOEPD (84% liquids), up from 1,428 BOEPD YoY; 14 non-op wells came online.","Adjusted EBITDA $4.72M vs $4.86M; cash $15.5M, zero debt as of March 31, 2024.","Three Permian Basin wells with Evolution Petroleum peaked at 300-375 gross BOEPD, declines shallower than expected.","Colorado ECMC approved Roth 2-11 OGDP for up to 11 Niobrara wells on 2,560 acres."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-006423","json":"https://secwatch.observer/filing/0001654954-24-006423.json","markdown":"https://secwatch.observer/filing/0001654954-24-006423.md","text":"https://secwatch.observer/filing/0001654954-24-006423.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424006423/0001654954-24-006423-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424006423/ped_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T22:39:13.220923+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":"77a6948ccf66027ffd2b7273ff3c905f1c1aa973","claim":"PEDEVCO CORP reported three months ended March 31, 2024 results: revenue $8.12 million, net income $0.8 million, EPS $0.01 per basic and diluted share outstanding.","evidence_excerpt":"barrels of oil equivalent per day (\"BOEPD\") (84% liquids) in the three months ended March 31, 2024 (“Q1 2024”), compared to 1,428 BOEPD produced in Q1 2023. · Q1 2024 revenue of $8.12 million, decreasing $48,000 from Q1 2023. · Operating income of $0.6 million, decreasing 62% from Q1 2023. · Operating expenses (inclusive of general and administrative expenses,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1141197/000165495424006423/0001654954-24-006423-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$8.12 million"},{"label":"Net income","value":"$0.8 million"},{"label":"EPS","value":"$0.01 per basic and diluted share outstanding"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}