NextPlat Corp Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)														12 Months Ended
	Jan. 05, 2022 USD ($)	Jan. 05, 2022 USD ($)	Jun. 28, 2021 USD ($) shares	Jun. 02, 2021 USD ($) $ / shares shares	May 28, 2021	May 26, 2021	Mar. 24, 2021	Aug. 19, 2019	Jul. 24, 2019 $ / shares	Mar. 08, 2018	Mar. 08, 2018	Mar. 28, 2014	Apr. 21, 2010	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2020 USD ($) $ / shares	Jan. 21, 2022 $ / shares
Property, Plant and Equipment [Line Items]
Reverse stock split					ratio of 1-for-5	1-for-5 reverse stock split	stock split not to exceed 1-for-5 reverse stock split	ratio of 1 for 15	1-for-15 reverse split	ratio of 1 for 150	ratio of 1 for 150	effecting a 1:150 reverse split of our common stock
Common stock par value \| $ / shares									$ 0.0001					$ 0.0001	$ 0.0001
Number of shares issued \| shares				2,880,000
Sale of Stock, Price Per Share \| $ / shares				$ 5.00
Proceeds from issuance of common stock				$ 14,404,666										$ 12,661,984
Proceeds from warrants														4,320
Cash, FDIC Insured Amount														250,000
Cash, Uninsured Amount														17,017,978
Allowance for doubtful accounts receivable														0	15,596
Prepaid Expense, Current														97,068	1,784
Prepaid Expense, Noncurrent														49,867
Contract liabilities														$ 36,765	36,704
Intangible asset, amortization period														10 years
Depreciation expense														$ 292,102	269,926
Share-based payment award, replacement, repurchase price \| $ / shares														$ 0
Income tax examination, description														Tax positions that meet the more likely than not recognition threshold is measured at the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority.
Operating lease liability non current														$ 19,763	0
Operating lease right use of assets														22,643	55,606
Research and development														$ 0	$ 0
US$: GBP [Member] \| Closing Rate [Member]
Property, Plant and Equipment [Line Items]
Foreign currency translation rate														1.353372	1.3665
US$: GBP [Member] \| Quarterly Average Rate [Member]
Property, Plant and Equipment [Line Items]
Foreign currency translation rate														1.375083	1.286618
Maximum [Member]
Property, Plant and Equipment [Line Items]
Cash, FDIC Insured Amount														$ 250,000
June Offering [Member]
Property, Plant and Equipment [Line Items]
Proceeds from issuance of common stock														$ 16,560,000
Warrants to purchase common stock \| shares				432,000
Warrants exercise price \| $ / shares				$ 0.01
Proceeds from warrants				$ 4,320
Over-Allotment Option [Member]
Property, Plant and Equipment [Line Items]
Number of shares issued \| shares			432,000
Proceeds from issuance of common stock			$ 2,155,680
Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Common stock par value \| $ / shares																$ 0.0001
Proceeds from issuance of common stock	$ 7,200,000	$ 5,825,038
EClips Media Technologies, Inc [Member]
Property, Plant and Equipment [Line Items]
Reverse stock split													effecting a 2:1 forward split