v3.26.1
MERGER ACQUISITION (Details)
$ / shares in Units, $ in Thousands
 1 Months Ended
Oct. 31, 2025
USD ($)
$ / shares
Consideration:  
Series A convertible preferred stock $ 10,650
Fair value per share of preferred stock | $ / shares $ 6,030
Common stock consideration, net of estimated liabilities assumed by PEDEVCO $ 64,220
Cash paid to settle North Peak Debt 115,646
Total consideration 179,866
Fair value of assets acquired:  
Cash, cash equivalents and restricted cash 24
Accounts receivable 12,806
Commodity derivative, asset - current 5,264
Prepaid expenses and other current assets 591
Evaluated oil and gas properties 191,700
Unevaluated oil and gas properties 11,266
Asset retirement costs 1,584
Other long-term assets 2,177
Total assets acquired 225,412
Fair value of liabilities assumed:  
Accounts payable and accrued liabilities 41,719
Asset retirement obligations - current 488
Asset retirement obligations - long-term 1,096
Other long-term liabilities 2,243
Total liabilities assumed 45,546
Total identifiable net assets acquired $ 179,866