NextPlat Corp
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
NXPL$8.35-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(In thousands, except per share data)
| Three Months Ended | Three Months Ended | |
|---|---|---|
| March 31, 2024 | March 31, 2023 | |
| (Unaudited) | (Unaudited) | |
| Sales of products, net | $14,120 | $2,876 |
| Revenues from services | 3,373 | - |
| Revenue, net | 17,493 | 2,876 |
| Cost of products | 12,620 | 2,255 |
| Cost of services | 63 | - |
| Cost of revenue | 12,683 | 2,255 |
| Gross profit | 4,810 | 621 |
| Operating expenses: | ||
| Selling, general and administrative | 2,005 | 788 |
| Salaries, wages and payroll taxes | 2,624 | 588 |
| Impairment loss | 132 | - |
| Professional fees | 985 | 321 |
| Depreciation and amortization | 906 | 162 |
| Total operating expenses | 6,652 | 1,859 |
| Loss before other (income) expense | (1,842) | (1,238) |
| Other (income) expense: | ||
| Interest expense | 21 | 5 |
| Interest earned | (215) | (10) |
| Other income | - | (50) |
| Foreign currency exchange rate variance | 26 | (28) |
| Total other income | (168) | (83) |
| Loss before income taxes and equity in net loss of affiliate | (1,674) | (1,155) |
| Income taxes | (27) | - |
| Loss before equity in net loss of affiliate | (1,701) | (1,155) |
| Equity in net loss of affiliate | - | (32) |
| Net loss | (1,701) | (1,187) |
| Net loss attributable to non-controlling interest | 220 | - |
| Net loss attributable to NextPlat Corp | $(1,481) | $(1,187) |
| Comprehensive income (loss): | ||
| Net loss | $(1,701) | $(1,187) |
| Foreign currency loss | (27) | (23) |
| Comprehensive loss | $(1,728) | $(1,210) |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | $(1,481) | $(1,187) |
| Weighted number of common shares outstanding – basic and diluted | 18,725 | 14,415 |
| Loss per share - basic and diluted | $(0.08) | $(0.08) |
See the accompanying notes to condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.