Get Started for Free Contexxia identifies hard-to-find pieces of information in SEC filings. No more highlighters, no more redlining, no more poring over huge documents. PLEDGE PETROLEUM CORP (1434110) 10-Q published on Aug 19, 2019 at 3:12 pm
Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.
Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.
The Company recorded an expense of $25,000 and $50,000 for the three and six months ended June 30, 2019, respectively, related to the restricted stock granted to the directors.
No warrants were issued or exercised from August 22, 2018 through June 30, 2019. A total of 2,652,167 warrants have expired during the period from August 22, 2018 through June 30, 2019.
During the six months ended June 30, 2019, we incurred total G&A expense of $235,271. Our larger G&A expenses were approximately $160,000 for consulting and $45,500 for D&O insurance.
Refer to our Form 10-K for the period from August 22, 2018 (date of inception) through December 31, 2018, for a full discussion of our critical accounting policies.