NextPlat Corp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2013

Schedule of liabilities of discontinued operations

	March 31,		December 31,
	March 31,		December 31,
	2013		2012
Assets of discontinued operations	$	-	$	-
*Liabilities*
Accounts payables and accrued expenses	$	(112,397)	$	(112,397)
Liabilities of discontinued operations	$	112,397	$	112,397

Schedule of derivative liabilities

	Conversion feature		Warrant liability		Total
	derivative liability		Warrant liability		Total
Balance at January 1, 2013	$	14,996	$	35,892	$	50,888
Change in fair value included in earnings		(8,447)		(6,700)		(15,147)
Balance at March 31, 2013	$	6,549	$	29,193	$	35,742

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details