NextPlat Corp
For the period ended Sep 30, 2024. Filed Nov 14, 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.
Sep 30, 2024 · Filed Nov 14, 2024
NXPL$8.79+6.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except shares and par data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash | $20,360 | $26,307 |
| Accounts receivable, net | 6,575 | 8,923 |
| Receivables - other, net | 1,235 | 1,846 |
| Inventories, net | 6,362 | 5,135 |
| Unbilled revenue | 219 | 189 |
| VAT receivable | 350 | 342 |
| Prepaid expenses | 484 | 640 |
| Notes receivable due from related party, net of allowances of $63 and $0 at September 30, 2024 and December 31, 2023, respectively | 206 | 256 |
| Total Current Assets | 35,791 | 43,638 |
| Property and equipment, net | 3,595 | 3,989 |
| Goodwill | 156 | 731 |
| Intangible assets, net | 555 | 14,423 |
| Operating right of use assets, net | 898 | 1,566 |
| Finance right-of-use assets, net | 10 | 22 |
| Deposits | 94 | 39 |
| Prepaid expenses, net of current portion | — | 61 |
| Total Other Assets | 1,713 | 16,842 |
| Total Assets | $41,099 | $64,469 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Accounts payable and accrued expenses | $8,531 | $13,176 |
| Contract liabilities | 104 | 42 |
| Notes payable | 461 | 312 |
| Due to related party | 24 | 18 |
| Operating lease liabilities | 381 | 532 |
| Finance lease liabilities | 10 | 18 |
| Income taxes payable | 162 | 139 |
| Total Current Liabilities | 9,673 | 14,237 |
| Long Term Liabilities: | ||
| Notes payable, net of current portion | 1,080 | 1,211 |
| Operating lease liabilities, net of current portion | 553 | 929 |
| Finance lease liabilities, net of current portion | — | 5 |
| Total Liabilities | 11,306 | 16,382 |
| Commitments and Contingencies | — | — |
| Equity | ||
| Preferred stock ($0.0001 par value; 3,333,333 shares authorized) | — | — |
| Common stock ($0.0001 par value; 50,000,000 shares authorized, 18,993,146 and 18,724,596 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively) | 2 | 2 |
| Additional paid-in capital | 68,487 | 67,170 |
| Accumulated deficit | (45,933) | (34,925) |
| Accumulated other comprehensive loss | (93) | (63) |
| Equity attributable to NextPlat Corp stockholders | 22,463 | 32,184 |
| Equity attributable to non-controlling interests | 7,330 | 15,903 |
| Total Equity | 29,793 | 48,087 |
| Total Liabilities and Equity | $41,099 | $64,469 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.