NextPlat Corp
For the period ended Mar 31, 2026. Filed May 15, 2026.
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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, 2026 · Filed May 15, 2026
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 CASH FLOWS
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Cash received from e-Commerce Operations revenue | $2,173 | $3,529 |
| Cash received from Healthcare Operations revenue | 4,823 | 10,297 |
| Cash received from interest income | 49 | 108 |
| Cash received from other sources | (61) | 61 |
| Cash paid for inventory purchases and other costs of revenue | (6,032) | (11,024) |
| Cash paid for salaries and related expenses | (1,890) | (2,715) |
| Cash paid for other recurring operating expenses | (1,582) | (2,030) |
| Cash paid for other non-recurring expenses | (46) | (267) |
| Cash paid for interest expense | (17) | (18) |
| Net cash used in operating activities | (2,583) | (2,059) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchase of property and equipment | — | (22) |
| Net cash used in investing activities | — | (22) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Repayments of notes payable | (141) | (129) |
| Payments on finance lease liabilities | — | (5) |
| Net cash used in financing activities | (141) | (134) |
| Effect of exchange rate on cash | 23 | (8) |
| Net decrease in cash | (2,701) | (2,223) |
| Cash beginning of period | 13,709 | 19,960 |
| Cash end of period | $11,008 | $17,737 |
| Reconciliation of net loss to cash flow used in operating activities | ||
| Net loss | $(1,132) | $(1,942) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation expense | 65 | 165 |
| Change in allowance for credit losses | 6 | (78) |
| Change in inventory reserve | 1 | (15) |
| Amortization of intangible assets | 25 | 26 |
| Amortization of operating right-of-use assets | 59 | 98 |
| Amortization of finance right-of-use assets | — | 5 |
| Stock-based compensation | 261 | 7 |
| Change in operating assets and liabilities: | ||
| Receivables | (1,288) | (941) |
| Inventories | (573) | 386 |
| Accounts payable and accrued expenses | 68 | 239 |
| Other noncurrent assets | 53 | 29 |
| Other noncurrent liabilities | (128) | (38) |
| Net cash used in operating activities | $(2,583) | $(2,059) |
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