v3.25.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash $ 13,926 $ 19,960
Accounts receivable, net 4,018 4,895
Receivables - other, net 1,716 732
Inventory, net 5,616 4,881
Unbilled revenue 306 237
VAT receivable 371 371
Prepaid expenses 256 404
Total Current Assets 26,209 31,480
Property and equipment, net 2,594 3,407
Goodwill 156 156
Intangible assets, net 448 524
Operating right-of-use assets, net 527 812
Finance right-of-use assets, net 0 5
Deposits 79 94
Total Other Assets 1,210 1,591
Total Assets 30,013 36,478
Current Liabilities    
Accounts payable and accrued expenses 6,437 7,230
Contract liabilities 243 89
Notes payable 252 380
Due to related party 4 48
Operating lease liabilities 356 404
Finance lease liabilities 0 5
Income taxes payable 71 54
Total Current Liabilities 7,363 8,210
Long Term Liabilities:    
Long-term portion of notes payable 907 1,032
Operating lease liabilities, net of current portion 197 438
Total Liabilities 8,467 9,680
Commitments and Contingencies
Equity    
Common stock ($0.0001 par value; 50,000,000 shares authorized, 26,224,987 and 25,963,051 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively) 3 3
Additional paid-in capital 75,913 75,697
Accumulated deficit (54,267) (48,950)
Accumulated other comprehensive loss (117) (66)
Treasury stock (at cost; 130,549 shares as of September 30, 2025 and no shares as of December 31, 2024, respectively) (100) 0
Equity attributable to NextPlat Corp stockholders 21,432 26,684
Equity attributable to non-controlling interests 114 114
Total Equity 21,546 26,798
Total Liabilities and Equity $ 30,013 $ 36,478

Source

10-Q XBRL Zip