2021 Q4 Form 10-Q Financial Statement
#000165495421012231 Filed on November 15, 2021
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
Revenue | $4.520M | $4.069M | $2.417M |
YoY Change | 109.84% | 68.35% | -22.75% |
Cost Of Revenue | $1.779M | $1.423M | $1.054M |
YoY Change | 60.41% | 35.01% | -37.67% |
Gross Profit | $2.741M | $2.646M | $1.363M |
YoY Change | 162.3% | 94.13% | -5.22% |
Gross Profit Margin | 60.64% | 65.03% | 56.39% |
Selling, General & Admin | $1.775M | $1.337M | $1.281M |
YoY Change | -7.31% | 4.37% | -6.22% |
% of Gross Profit | 64.76% | 50.53% | 93.98% |
Research & Development | $0.00 | $0.00 | $1.000K |
YoY Change | -100.0% | -96.3% | |
% of Gross Profit | 0.0% | 0.0% | 0.07% |
Depreciation & Amortization | $2.551M | $1.666M | $2.974M |
YoY Change | -15.53% | -43.98% | -24.75% |
% of Gross Profit | 93.07% | 62.96% | 218.2% |
Operating Expenses | $4.326M | $4.426M | $5.310M |
YoY Change | -12.34% | -16.65% | -0.65% |
Operating Profit | -$1.585M | -$357.0K | -$2.893M |
YoY Change | -59.25% | -87.66% | -25.95% |
Interest Expense | $4.000K | $0.00 | $1.000K |
YoY Change | 33.33% | -100.0% | -93.33% |
% of Operating Profit | |||
Other Income/Expense, Net | $104.0K | $32.00K | $600.0K |
YoY Change | -157.46% | -94.67% | -4385.71% |
Pretax Income | -$1.477M | -$325.0K | -$2.293M |
YoY Change | -93.69% | -85.83% | -41.3% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.477M | -$325.0K | -$2.293M |
YoY Change | -93.69% | -85.83% | -41.3% |
Net Earnings / Revenue | -32.68% | -7.99% | -94.87% |
Basic Earnings Per Share | $0.00 | -$0.03 | |
Diluted Earnings Per Share | -$17.59K | $0.00 | -$0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 84.21M shares | 79.53B shares | 72.25B shares |
Diluted Shares Outstanding | 79.53B shares | 72.25B shares |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.93M | $19.93M | $8.382M |
YoY Change | 223.03% | 137.72% | -75.31% |
Cash & Equivalents | $25.93M | $19.93M | $11.68M |
Short-Term Investments | |||
Other Short-Term Assets | $326.0K | $361.0K | $219.0K |
YoY Change | 393.94% | 64.84% | 128.13% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $1.782M | $1.520M | $944.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $28.04M | $21.81M | $9.545M |
YoY Change | 220.32% | 128.47% | -73.58% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $66.64M | $64.99M | $89.62M |
YoY Change | -0.93% | -27.48% | 11.74% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.543M | $3.553M | $3.550M |
YoY Change | 0.0% | 0.08% | -1.61% |
Total Long-Term Assets | $70.18M | $68.54M | $93.17M |
YoY Change | -0.89% | -26.43% | 11.17% |
TOTAL ASSETS | |||
Total Short-Term Assets | $28.04M | $21.81M | $9.545M |
Total Long-Term Assets | $70.18M | $68.54M | $93.17M |
Total Assets | $98.22M | $90.35M | $102.7M |
YoY Change | 23.45% | -12.03% | -14.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.626M | $752.0K | $546.0K |
YoY Change | 1138.68% | 37.73% | -92.69% |
Accrued Expenses | $1.454M | $483.0K | $427.0K |
YoY Change | 379.87% | 13.11% | -77.14% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $227.0K |
YoY Change | -100.0% | -100.0% | |
Total Short-Term Liabilities | $5.181M | $2.479M | $2.044M |
YoY Change | 161.93% | 21.28% | -80.2% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $144.0K |
YoY Change | -100.0% | -100.0% | -55.56% |
Other Long-Term Liabilities | $1.557M | $1.954M | $2.239M |
YoY Change | -16.65% | -12.73% | -13.18% |
Total Long-Term Liabilities | $1.557M | $1.954M | $2.383M |
YoY Change | -20.15% | -18.0% | -17.91% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.181M | $2.479M | $2.044M |
Total Long-Term Liabilities | $1.557M | $1.954M | $2.383M |
Total Liabilities | $6.738M | $4.433M | $4.427M |
YoY Change | 71.54% | 0.14% | -66.53% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$129.6M | -$128.1M | |
YoY Change | 1.01% | ||
Common Stock | $84.00K | $80.00K | |
YoY Change | 16.67% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $91.48M | $85.92M | $98.28M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $98.22M | $90.35M | $102.7M |
YoY Change | 23.45% | -12.03% | -14.36% |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.477M | -$325.0K | -$2.293M |
YoY Change | -93.69% | -85.83% | -41.3% |
Depreciation, Depletion And Amortization | $2.551M | $1.666M | $2.974M |
YoY Change | -15.53% | -43.98% | -24.75% |
Cash From Operating Activities | $1.999M | $1.498M | -$111.0K |
YoY Change | 5452.78% | -1449.55% | -102.52% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.452M | -$907.0K | -$1.716M |
YoY Change | 527.11% | -47.14% | -80.55% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$2.452M | -$907.0K | -$1.716M |
YoY Change | 527.11% | -47.14% | -80.58% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 6.457M | 0.000 | 0.000 |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | 1.999M | 1.498M | -111.0K |
Cash From Investing Activities | -2.452M | -907.0K | -1.716M |
Cash From Financing Activities | 6.457M | 0.000 | 0.000 |
Net Change In Cash | 6.004M | 591.0K | -1.827M |
YoY Change | -1791.27% | -132.35% | -108.88% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.999M | $1.498M | -$111.0K |
Capital Expenditures | -$2.452M | -$907.0K | -$1.716M |
Free Cash Flow | $4.451M | $2.405M | $1.605M |
YoY Change | 942.39% | 49.84% | -87.87% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
84210203 | shares |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
19926000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8027000 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1520000 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
660000 | USD |
CY2021Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
361000 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
66000 | USD |
CY2021Q3 | us-gaap |
Assets Current
AssetsCurrent
|
21807000 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
8753000 | USD |
CY2021Q3 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
64789000 | USD |
CY2020Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
66994000 | USD |
CY2021Q3 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
4000 | USD |
CY2020Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
4000 | USD |
CY2021Q3 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
64793000 | USD |
CY2020Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
66998000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
198000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
270000 | USD |
CY2021Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3553000 | USD |
CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3543000 | USD |
CY2021Q3 | us-gaap |
Assets
Assets
|
90351000 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
79564000 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
752000 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
212000 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
483000 | USD |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
303000 | USD |
CY2021Q3 | ped |
Revenue Payable
RevenuePayable
|
960000 | USD |
CY2020Q4 | ped |
Revenue Payable
RevenuePayable
|
836000 | USD |
CY2021Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
0 | USD |
CY2020Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
288000 | USD |
CY2021Q3 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
1844000 | USD |
CY2020Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
1673000 | USD |
CY2021Q3 | us-gaap |
Liabilities
Liabilities
|
4433000 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
3928000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-282000 | USD | |
CY2021Q3 | ped |
Operating Lease Liability Non Current
OperatingLeaseLiabilityNonCurrent
|
111000 | USD |
CY2020Q4 | ped |
Operating Lease Liability Non Current
OperatingLeaseLiabilityNonCurrent
|
105000 | USD |
CY2021Q3 | us-gaap |
Oil And Gas Reclamation Liability Noncurrent
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|
173000 | USD |
CY2020Q4 | us-gaap |
Oil And Gas Reclamation Liability Noncurrent
OilAndGasReclamationLiabilityNoncurrent
|
234000 | USD |
CY2021Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2479000 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1978000 | USD |
CY2021Q3 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
0 | USD |
CY2020Q4 | us-gaap |
Notes Payable To Bank Current
NotesPayableToBankCurrent
|
82000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
110000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
195000 | USD |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000000 | shares |
CY2021Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
72463340000 | shares |
CY2021Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
80000 | USD |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
72000 | USD |
CY2021Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
213946000 | USD |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
203850000 | USD |
CY2021Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-128108000 | USD |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-128286000 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2021Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
90351000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
79564000 | USD |
CY2021Q3 | us-gaap |
Revenues
Revenues
|
4069000 | USD |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
2417000 | USD |
us-gaap |
Revenues
Revenues
|
11340000 | USD | |
us-gaap |
Revenues
Revenues
|
5905000 | USD | |
CY2021Q3 | us-gaap |
Lease Cost
LeaseCost
|
1423000 | USD |
CY2020Q3 | us-gaap |
Lease Cost
LeaseCost
|
1054000 | USD |
us-gaap |
Lease Cost
LeaseCost
|
4164000 | USD | |
us-gaap |
Lease Cost
LeaseCost
|
3326000 | USD | |
CY2020Q3 | us-gaap |
Exploration Expense
ExplorationExpense
|
1000 | USD |
us-gaap |
Exploration Expense
ExplorationExpense
|
0 | USD | |
us-gaap |
Exploration Expense
ExplorationExpense
|
31000 | USD | |
CY2021Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1337000 | USD |
CY2020Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1281000 | USD |
CY2021Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1666000 | USD |
CY2020Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2974000 | USD |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
4426000 | USD |
CY2020Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5310000 | USD |
CY2020Q3 | us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
1805000 | USD | |
us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
0 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
36000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10601000 | USD | |
CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
1000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1000 | USD | |
CY2021Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000 | USD |
CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
11000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1310000 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
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CY2021Q3 | us-gaap |
Other Income
OtherIncome
|
28000 | USD |
CY2020Q3 | us-gaap |
Other Income
OtherIncome
|
597000 | USD |
us-gaap |
Other Income
OtherIncome
|
76000 | USD | |
us-gaap |
Other Income
OtherIncome
|
1275000 | USD | |
CY2021Q3 | us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
0 | USD |
CY2020Q3 | ped |
Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
|
0 | USD |
ped |
Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
|
374000 | USD | |
ped |
Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
|
0 | USD | |
CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
32000 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
600000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
460000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2293000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
178000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9291000 | USD | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
79533016000 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
72250014000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
78628077000 | shares | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
79533016000 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72250014000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78700140000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
72124339000 | shares | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
178000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9291000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4829000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8323000 | USD | |
us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
1805000 | USD | |
us-gaap |
Gain Loss On Sale Of Oil And Gas Property
GainLossOnSaleOfOilAndGasProperty
|
0 | USD | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
0 | USD | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
24000 | USD | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
72000 | USD | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
67000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1867000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2073000 | USD | |
ped |
Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
|
374000 | USD | |
ped |
Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPppLoan
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-860000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3658000 | USD | |
ped |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
-295000 | USD | |
ped |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
-146000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
51000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3087000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
184000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-1647000 | USD | |
ped |
Increase Decrease Revenue Payable
IncreaseDecreaseRevenuePayable
|
124000 | USD | |
ped |
Increase Decrease Revenue Payable
IncreaseDecreaseRevenuePayable
|
2000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3971000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
374000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-24000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
35000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD | |
ped |
Cash Paid For Drilling Costs
CashPaidForDrillingCosts
|
2145000 | USD | |
ped |
Cash Paid For Drilling Costs
CashPaidForDrillingCosts
|
14379000 | USD | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
1871000 | USD | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-309000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14379000 | USD | |
us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
0 | USD | |
us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
740000 | USD | |
us-gaap |
Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
|
0 | USD | |
us-gaap |
Repayments Of Longterm Loans From Vendors
RepaymentsOfLongtermLoansFromVendors
|
370000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
8237000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8237000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
370000 | USD | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
11899000 | USD | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-14033000 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11324000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25712000 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23223000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11679000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
ped |
Accrued Oil And Gas Development Costs
AccruedOilAndGasDevelopmentCosts
|
287000 | USD | |
ped |
Accrued Oil And Gas Development Costs
AccruedOilAndGasDevelopmentCosts
|
8581000 | USD | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
51000 | USD | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
247000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
2000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1000 | USD | |
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2021Q1 | ped |
Stock Rescinded During Period Value
StockRescindedDuringPeriodValue
|
0 | USD |
CY2021Q1 | ped |
Issuance Of Common Stock To Non Affiliate Amount
IssuanceOfCommonStockToNonAffiliateAmount
|
8303000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
684000 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
728000 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85351000 | USD |
CY2021Q2 | ped |
Offering Costs Incurred For Issuance Of Common Stock To Non Affiliate
OfferingCostsIncurredForIssuanceOfCommonStockToNonAffiliate
|
-66000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
591000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-225000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85651000 | USD |
CY2021Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2021Q3 | ped |
Issuance Of Common Stock To Non Affiliate Amount
IssuanceOfCommonStockToNonAffiliateAmount
|
0 | USD |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
592000 | USD |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-325000 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85918000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
105502000 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2020Q1 | ped |
Stock Rescinded During Period Value
StockRescindedDuringPeriodValue
|
0 | USD |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
853000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4257000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
102098000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
719000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2741000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100076000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2020Q3 | ped |
Stock Rescinded During Period Value
StockRescindedDuringPeriodValue
|
0 | USD |
CY2020Q3 | ped |
Issuance Of Common Stock To Non Affiliate Amount
IssuanceOfCommonStockToNonAffiliateAmount
|
0 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
501000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2293000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
98284000 | USD |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 1 – BASIS OF PRESENTATION</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The accompanying interim unaudited consolidated financial statements of PEDEVCO Corp. (“PEDEVCO” or the “Company”), have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements and notes thereto contained in PEDEVCO’s latest Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of the financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate disclosures contained in the audited financial statements for the most recent fiscal year, as reported in the Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 23, 2021 (the “2020 Annual Report”), have been omitted.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The Company’s consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries and subsidiaries in which the Company has a controlling financial interest. All significant inter-company accounts and transactions have been eliminated in consolidation.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The Company’s future financial condition and liquidity will be impacted by, among other factors, the success of our drilling program, the number of commercially viable oil and natural gas discoveries made and the quantities of oil and natural gas discovered, the speed with which we can bring such discoveries to production, the actual cost of exploration, appraisal and development of our prospects, the prevailing prices for, and demand for, oil and natural gas.</p> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 2 – DESCRIPTION OF BUSINESS</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">PEDEVCO is an oil and gas company focused on the development, acquisition and production of oil and natural gas assets where the latest in modern drilling and completion techniques and technologies have yet to be applied. In particular, the Company focuses on legacy proven properties where there is a long production history, well defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The Company’s current properties are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the “Permian Basin”) and in the Denver-Julesburg Basin (“D-J Basin”) in Colorado. The Company holds its Permian Basin acres located in Chaves and Roosevelt Counties, New Mexico, through its wholly-owned operating subsidiary, Pacific Energy Development Corp. (“PEDCO”), which asset the Company refers to as its “Permian Basin Asset,” and it holds its D-J Basin acres located in Weld and Morgan Counties, Colorado, through its wholly-owned operating subsidiary, Red Hawk Petroleum, LLC (“Red Hawk”), which asset the Company refers to as its “D-J Basin Asset.”</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The Company believes that horizontal development and exploitation of conventional assets in the Permian Basin and development of the Wattenberg and Wattenberg Extension in the D-J Basin represent among the most economic oil and natural gas plays in the United States (“U.S.”). Moving forward, the Company plans to optimize its existing assets and opportunistically seek additional acreage proximate to its currently held core acreage, as well as other attractive onshore U.S. oil and gas assets that fit the Company’s acquisition criteria, that Company management believes can be developed using its technical and operating expertise and be accretive to shareholder value. </p> | ||
ped |
Oil And Gas Properties Tabletextblock
OilAndGasPropertiesTabletextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Balance at </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31, </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2020</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Additions</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Disposals</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Transfers</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Balance at </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30, </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Oil and gas properties, subject to amortization</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">146,950</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">2,432</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(66</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">149,316</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Oil and gas properties, not subject to amortization</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Asset retirement costs</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,108</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(46</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(5</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,057</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Accumulated depreciation, depletion and impairment</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(81,064</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(4,520</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">(85,584</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Total oil and gas assets</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">66,998</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">(2,134</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">(71</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">64,793</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | ||
us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
In the Permian Basin Asset, 522 net acres are due to expire during the remainder of 2021 and 1,331 net acres expire | ||
CY2021Q1 | us-gaap |
Shares Outstanding
SharesOutstanding
|
5968500 | shares |
CY2021Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
1486000 | USD |
CY2021Q3 | ped |
Unamortized Stock Based Compensation Expense Restricted Stock Option
UnamortizedStockBasedCompensationExpenseRestrictedStockOption
|
1297000 | USD |
CY2020Q3 | us-gaap |
Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
|
1126769000 | USD |