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

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of Stock Option Issued for Related Parties

The number of options issued to our officers and directors were as follows:

	Options
David Phipps, President, CEO, and Director		100,000
Theresa Carlise, CFO		50,000
Hector Delgado, Director		25,000

Schedule of Outstanding Stock Options Activities

A summary of the status of the Company’s outstanding stock options and changes during the nine months ended September 30, 2018 is as follows:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2018		285,667	$	1.90		8.52
Granted		275,000		1.54		2.75
Exercised		-		-		-
Forfeited		-		-		-
Cancelled		-		-		-
Balance outstanding at September 30, 2018		560,667	$	1.72		5.56
Balance exercisable at September 30, 2018		320,042		1.72		5.56
Weighted average fair value of options granted during the period		275,000	$	1.54		2.75

Schedule of Outstanding Stock Warrants Activities

A summary of the status of the Company’s outstanding stock warrants and changes during the nine months ended September 30, 2018 is as follows:

	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2018		-	$	-		-
Granted		60,000		4.00		2.62
Exercised		-		-		-
Forfeited		-		-		-
Cancelled		-		-		-
Balance outstanding and exercisable at September 30, 2018		60,000	$	4.00		2.62

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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