2022 Q4 Form 10-Q Financial Statement
#000165495422015283 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $5.925M | $7.472M | $4.069M |
YoY Change | 31.08% | 83.63% | 68.35% |
Cost Of Revenue | $2.321M | $2.918M | $1.423M |
YoY Change | 30.47% | 105.06% | 35.01% |
Gross Profit | $3.604M | $4.554M | $2.646M |
YoY Change | 31.48% | 72.11% | 94.13% |
Gross Profit Margin | 60.83% | 60.95% | 65.03% |
Selling, General & Admin | $1.746M | $1.220M | $1.337M |
YoY Change | -1.63% | -8.75% | 4.37% |
% of Gross Profit | 48.45% | 26.79% | 50.53% |
Research & Development | $0.00 | ||
YoY Change | -100.0% | ||
% of Gross Profit | 0.0% | ||
Depreciation & Amortization | $4.726M | $2.313M | $1.666M |
YoY Change | 85.26% | 38.84% | -43.98% |
% of Gross Profit | 131.13% | 50.79% | 62.96% |
Operating Expenses | $6.472M | $6.451M | $4.426M |
YoY Change | 49.61% | 45.75% | -16.65% |
Operating Profit | -$2.868M | $1.021M | -$357.0K |
YoY Change | 80.95% | -385.99% | -87.66% |
Interest Expense | $77.00K | $0.00 | $0.00 |
YoY Change | 1825.0% | -100.0% | |
% of Operating Profit | 0.0% | ||
Other Income/Expense, Net | $7.000K | $58.00K | $32.00K |
YoY Change | -93.27% | 81.25% | -94.67% |
Pretax Income | -$2.784M | $1.079M | -$325.0K |
YoY Change | 88.49% | -432.0% | -85.83% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.784M | $1.079M | -$325.0K |
YoY Change | 88.49% | -432.0% | -85.83% |
Net Earnings / Revenue | -46.99% | 14.44% | -7.99% |
Basic Earnings Per Share | $0.01 | $0.00 | |
Diluted Earnings Per Share | -$0.03 | $0.01 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 85.79M shares | 85.55M shares | 79.53B shares |
Diluted Shares Outstanding | 85.64M shares | 79.53B shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $29.43M | $27.36M | $19.93M |
YoY Change | 13.5% | 37.31% | 137.72% |
Cash & Equivalents | $29.43M | $27.36M | $19.93M |
Short-Term Investments | |||
Other Short-Term Assets | $249.0K | $316.0K | $361.0K |
YoY Change | -23.62% | -12.47% | 64.84% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $2.430M | $2.681M | $1.520M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $32.11M | $30.36M | $21.81M |
YoY Change | 14.52% | 39.21% | 128.47% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $80.22M | $70.39M | $64.99M |
YoY Change | 20.38% | 8.31% | -27.48% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.783M | $3.722M | $3.553M |
YoY Change | 6.77% | 4.76% | 0.08% |
Total Long-Term Assets | $84.00M | $74.11M | $68.54M |
YoY Change | 19.69% | 8.12% | -26.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $32.11M | $30.36M | $21.81M |
Total Long-Term Assets | $84.00M | $74.11M | $68.54M |
Total Assets | $116.1M | $104.5M | $90.35M |
YoY Change | 18.21% | 15.63% | -12.03% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.556M | $719.0K | $752.0K |
YoY Change | -40.75% | -4.39% | 37.73% |
Accrued Expenses | $13.84M | $1.820M | $483.0K |
YoY Change | 851.51% | 276.81% | 13.11% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $16.96M | $3.656M | $2.479M |
YoY Change | 227.39% | 47.48% | 21.28% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $2.689M | $2.080M | $1.954M |
YoY Change | 72.7% | 6.45% | -12.73% |
Total Long-Term Liabilities | $2.689M | $2.080M | $1.954M |
YoY Change | 72.7% | 6.45% | -18.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $16.96M | $3.656M | $2.479M |
Total Long-Term Liabilities | $2.689M | $2.080M | $1.954M |
Total Liabilities | $19.65M | $5.736M | $4.433M |
YoY Change | 191.64% | 29.39% | 0.14% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$126.7M | -$124.0M | -$128.1M |
YoY Change | -2.19% | -3.24% | |
Common Stock | $86.00K | $86.00K | $80.00K |
YoY Change | 2.38% | 7.5% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $96.46M | $98.73M | $85.92M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $116.1M | $104.5M | $90.35M |
YoY Change | 18.21% | 15.63% | -12.03% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.784M | $1.079M | -$325.0K |
YoY Change | 88.49% | -432.0% | -85.83% |
Depreciation, Depletion And Amortization | $4.726M | $2.313M | $1.666M |
YoY Change | 85.26% | 38.84% | -43.98% |
Cash From Operating Activities | $2.987M | $5.863M | $1.498M |
YoY Change | 49.42% | 291.39% | -1449.55% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $839.0K | -$1.366M | -$907.0K |
YoY Change | -134.22% | 50.61% | -47.14% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$14.00K | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | -$853.0K | -$1.366M | -$907.0K |
YoY Change | -65.21% | 50.61% | -47.14% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -15.00K | 0.000 | 0.000 |
YoY Change | -100.23% | ||
NET CHANGE | |||
Cash From Operating Activities | 2.987M | 5.863M | 1.498M |
Cash From Investing Activities | -853.0K | -1.366M | -907.0K |
Cash From Financing Activities | -15.00K | 0.000 | 0.000 |
Net Change In Cash | 2.119M | 4.497M | 591.0K |
YoY Change | -64.71% | 660.91% | -132.35% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.987M | $5.863M | $1.498M |
Capital Expenditures | $839.0K | -$1.366M | -$907.0K |
Free Cash Flow | $2.148M | $7.229M | $2.405M |
YoY Change | -51.74% | 200.58% | 49.84% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8303000 | usd |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
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Amendment Flag
AmendmentFlag
|
false | ||
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Current Fiscal Year End Date
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|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
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2022 | ||
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2021Q4 | us-gaap |
Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Dividends Per Share Cash Paid
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1.17 | |
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Document Type
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10-Q | ||
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Document Quarterly Report
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true | ||
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Document Period End Date
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2022-09-30 | ||
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Document Transition Report
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Entity File Number
EntityFileNumber
|
001-35922 | ||
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Entity Registrant Name
EntityRegistrantName
|
PEDEVCO Corp. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
TX | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
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22-3755993 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
575 N. Dairy Ashford | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
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Suite 210 | ||
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Entity Address City Or Town
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Houston | ||
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Entity Address State Or Province
EntityAddressStateOrProvince
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TX | ||
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77079 | ||
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713 | ||
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221-1768 | ||
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Security12b Title
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Common Stock, $0.001 par value per share | ||
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Trading Symbol
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PED | ||
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NYSEAMER | ||
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Entity Current Reporting Status
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Yes | ||
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Entity Interactive Data Current
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Cash And Cash Equivalents At Carrying Value
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Accounts Receivable Net
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Interest Expense
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Gain Loss On Sale Of Oil And Gas Property
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Gain On Forgiveness Of Ppp Loan
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|
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Earnings Per Share Basic
EarningsPerShareBasic
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0.01 | |
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0.07 | ||
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0.00 | ||
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|
0.00 | ||
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Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
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85644180 | shares |
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Weighted Average Number Of Shares Issued Basic
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85644180 | shares |
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|
85419689 | shares | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
78700140 | shares | |
us-gaap |
Profit Loss
ProfitLoss
|
-5628000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-178000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
6427000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4829000 | usd | |
ped |
Gain On Sale Of Oil And Gas Properties
GainOnSaleOfOilAndGasProperties
|
0 | usd | |
ped |
Gain On Sale Of Oil And Gas Properties
GainOnSaleOfOilAndGasProperties
|
-1805000 | usd | |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
75000 | usd | |
us-gaap |
Amortization Of Leased Asset
AmortizationOfLeasedAsset
|
72000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1572000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1867000 | usd | |
us-gaap |
Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
|
0 | usd | |
us-gaap |
Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
|
374000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
899000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
860000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-10000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
295000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-243000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
51000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
366000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
184000 | usd | |
ped |
Increase Decrease Revenue Payable
IncreaseDecreaseRevenuePayable
|
58000 | usd | |
ped |
Increase Decrease Revenue Payable
IncreaseDecreaseRevenuePayable
|
124000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
12994000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3971000 | usd | |
ped |
Cash Paid For Drilling Costs
CashPaidForDrillingCosts
|
11413000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
35000 | usd | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
1871000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11413000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-309000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
50000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
8237000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
50000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8237000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1631000 | usd | |
ped |
Cash Paid For Drilling Costs
CashPaidForDrillingCosts
|
2145000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
11899000 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29227000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11324000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
30858000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23223000 | 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
|
1791000 | usd | |
ped |
Accrued Oil And Gas Development Costs
AccruedOilAndGasDevelopmentCosts
|
54000 | usd | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
158000 | usd | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
16000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1000 | usd | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
91483000 | usd |
CY2022Q1 | ped |
Restricted Stock Issued During Period Value New Issues
RestrictedStockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
563000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
1339000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
93385000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
50000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
3210000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
97182000 | usd |
CY2022Q3 | ped |
Restricted Stock Issued During Period Value New Issues
RestrictedStockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
472000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
1079000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
98733000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
75636000 | usd |
CY2021Q1 | ped |
Restricted Stock Issued During Period Value New Issues
RestrictedStockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2021Q1 | ped |
Stock Rescinded During Period Value
StockRescindedDuringPeriodValue
|
0 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
0 | usd |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
684000 | usd |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
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 |
Share Based Compensation
ShareBasedCompensation
|
591000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-225000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85651000 | usd |
CY2021Q3 | ped |
Restricted Stock Issued During Period Value New Issues
RestrictedStockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
592000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
85918000 | usd |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4069000 | usd |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
24109000 | usd | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
11340000 | usd | |
CY2022Q3 | us-gaap |
Cash
Cash
|
27361000 | usd |
CY2021Q4 | us-gaap |
Cash
Cash
|
25930000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
3497000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash Equivalents
RestrictedCashEquivalents
|
3297000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
30858000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
29227000 | usd |
CY2021Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
151338000 | usd |
CY2022Q3 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
|
162927000 | usd |
CY2021Q4 | ped |
Oil And Gas Property Successful Effort Method Not Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization
|
2559000 | usd |
CY2022Q3 | ped |
Oil And Gas Property Successful Effort Method Not Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodNotAccumulatedDepreciationDepletionAndAmortization
|
592000 | usd |
CY2021Q4 | ped |
Asset Retirement Costs
AssetRetirementCosts
|
789000 | usd |
CY2022Q3 | ped |
Asset Retirement Costs
AssetRetirementCosts
|
947000 | usd |
CY2021Q4 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion Amortization And Impairment
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
|
88219000 | usd |
CY2022Q3 | us-gaap |
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion Amortization And Impairment
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment
|
94175000 | usd |
CY2021Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
66467000 | usd |
CY2022Q3 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
70291000 | usd |
ped |
Capital Costs Incurred Recently Completed Wells
CapitalCostsIncurredRecentlyCompletedWells
|
9622000 | usd | |
ped |
Cash Consideration During The Period
CashConsiderationDuringThePeriod
|
500000 | usd | |
us-gaap |
Recapitalization Costs
RecapitalizationCosts
|
1200000 | usd | |
us-gaap |
Acquisition Costs
AcquisitionCosts
|
443000 | usd | |
ped |
Total Acquisition And Due Diligence Costs
TotalAcquisitionAndDueDiligenceCosts
|
534000 | usd | |
CY2022Q3 | us-gaap |
Depletion
Depletion
|
2084000 | usd |
CY2021Q3 | us-gaap |
Depletion
Depletion
|
1576000 | usd |
us-gaap |
Depletion
Depletion
|
5956000 | usd | |
us-gaap |
Depletion
Depletion
|
4520000 | usd | |
CY2021Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
1525000 | usd |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
450000 | usd | |
ped |
Liabilities Settled
LiabilitiesSettled
|
-42000 | usd | |
ped |
Changes In Estimates
ChangesInEstimates
|
158000 | usd | |
CY2022Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
2091000 | usd |
CY2021Q4 | ped |
Cureent Asset Retirement
CureentAssetRetirement
|
49000 | usd |
CY2022Q3 | ped |
Cureent Asset Retirement
CureentAssetRetirement
|
11000 | usd |
us-gaap |
Other Expenses
OtherExpenses
|
10000 | usd | |
ped |
Supplemental Information Related To Operating Leasetabletextblock
SupplementalInformationRelatedToOperatingLeasetabletextblock
|
<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="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Nine Months Ended </strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td/><td/><td colspan="3" style="BORDER-BOTTOM: #000000 1px solid;width:1%;white-space: nowrap;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30, 2022</strong></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">Cash paid for amounts included in the measurement of lease liabilities</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;">91</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
91000 | usd | |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
98000 | usd |
CY2022Q3 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
110000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
110000 | usd |
ped |
Weighted Average Remaining Lease Term
WeightedAverageRemainingLeaseTerm
|
P0Y10M24D | ||
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0535 | pure |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
82000 | usd |
CY2022Q3 | ped |
Lessee Operating Lease Liability Payments Due After Year Two
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearTwo
|
0 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
30000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
112000 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
110000 | usd |
us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
In the Permian Basin Asset, 63 acres are due to expire during the remainder of 2022 and 106 net acres expire thereafter (net to our direct ownership interest only) | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
1440000 | shares | |
CY2022Q2 | ped |
Shares Of Common Stock
SharesOfCommonStock
|
87121 | shares |
CY2022Q2 | ped |
Sales Price Of Share
SalesPriceOfShare
|
1.66 | |
CY2022Q2 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
141000 | usd |
CY2021Q4 | ped |
Reimbursement Of Gross Proceeds
ReimbursementOfGrossProceeds
|
4000 | usd |
CY2022Q2 | us-gaap |
Legal Fees
LegalFees
|
91000 | usd |
CY2021Q4 | ped |
Sales Agent Commission
SalesAgentCommission
|
0.03 | pure |
CY2022Q2 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
40000 | usd |
CY2021Q4 | ped |
Reimbursement Of Certain Specified Expenses
ReimbursementOfCertainSpecifiedExpenses
|
25000 | usd |
CY2021Q4 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
3500000 | usd |
CY2022Q1 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
520000 | shares |
CY2022Q1 | us-gaap |
Contract Termination Claims Description
ContractTerminationClaimsDescription
|
The options have a term of five years and fully vest on January 2025, with 33.3% vesting each subsequent year from the date of grant, contingent upon the recipient’s continued service with the Company | |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
454000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Discount For Postvesting Restrictions
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsDiscountForPostvestingRestrictions
|
0.0156 | pure |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P3Y6M | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.20 | pure |
CY2022Q3 | ped |
Company Recognized Stock Option Expense Debtissuance
CompanyRecognizedStockOptionExpenseDebtissuance
|
312000 | usd |
CY2022Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
318000 | usd |
CY2022Q3 | ped |
Intrinsic Value Of Outstanding And Exercisable Options
IntrinsicValueOfOutstandingAndExercisableOptions
|
0 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1123435 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.80 | |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P3Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
520000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.17 | ||
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P1Y8M12D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
187435 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
2.34 | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1456000 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.51 | |
ped |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2a
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2a
|
P2Y9M18D | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
624000 | shares |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1079000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-325000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
5628000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
178000 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85644180 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
79533016 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85419689 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
78628077 | shares | |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd | |
CY2022Q3 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
CY2021Q3 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
72063000 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85644180 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
79533016 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85419689 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78700140 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | ||
CY2021Q3 | ped |
Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
|
1143436 | shares |
CY2022Q3 | ped |
Share Equivalents Related To Options To Purchase Of Commmon Stock
ShareEquivalentsRelatedToOptionsToPurchaseOfCommmonStock
|
1456000 | shares |
CY2022Q3 | ped |
Aggregate Civil Penalties
AggregateCivilPenalties
|
850500 | usd |
CY2022Q3 | ped |
Interest Incurred On Unpaid Portions
InterestIncurredOnUnpaidPortions
|
0.0875 | pure |
CY2022Q3 | ped |
Minimum Current Estimated Cost Of Well
MinimumCurrentEstimatedCostOfWell
|
50000 | usd |