SHAREHOLDERS EQUITY (Details Narrative) $ / shares in Units, $ in Millions |
6 Months Ended |
|---|---|
|
Jun. 30, 2026
USD ($)
$ / shares
shares
| |
| Reverse stock split ratio | 1-for-20 |
| Equity instrument converted in to common stock shares | 8,506,818 |
| PIPE Financing | |
| Proceeds from related party | $ | $ 35.0 |
| Series A Preferred Stock [Member] | |
| Converted common stock shares issued | 8,506,818 |
| Preferred stock shares converted | 17,013,637 |
| Series A Convertible Preferred Stock [Member] | |
| Common stock shares converted | 5,325,000 |
| Series A Convertible Preferred Stock [Member] | Century Oil and Gas Holdings, LLC [Member] | |
| Converted common stock shares issued | 10,650,000 |
| Series A Convertible Preferred Stock [Member] | PIPE Investors [Member] | |
| Common stock shares converted | 3,181,818 |
| Preferred stock shares purchased | 6,363,637 |
| Price per share | $ / shares | $ 5.50 |
| Description of investors | (a) The SGK 2018 Revocable Trust, a family trust of which Dr. Simon Kukes, the then Executive Chairman of PEDEVCO is trustee and beneficiary ($15,409,977); (b) American Resources, Inc., an entity partially owned and controlled by J. Douglas Schick, the Chief Executive Officer, President and member of the Board ($250,003); (c) Clark R. Moore, the Executive Vice President, General Counsel and Secretary of the Company ($25,003); (d) John J. Scelfo Revocable Trust Dated October 8, 2003, a trust of which John J. Scelfo, a then member of the Board, is trustee and beneficiary ($550,000); (e) Jody D. Crook, the Chief Commercial Officer of the Company ($25,003); (f) J PED, LLC, an entity affiliated with Juniper Capital Advisors, L.P. (“Juniper”) ($18,550,004); (g) Reagan T. Dukes, the then Chief Executive Officer of the Acquired Companies, who was appointed Chief Operating Officer of PEDEVCO at the closing of the Mergers ($52,503) and (h) Robert J. Long, the then Chief Financial Officer of the Acquired Companies, who was appointed Chief Financial Officer, Treasurer and Principal Accounting/Financial Officer of the Company at the closing of the Mergers ($52,503) |
| Price per share after post-reverse stock split basis | $ / shares | $ 11.00 |