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)

3 Months Ended

Mar. 31, 2022

SCHEDULE OF OUTSTANDING STOCK WARRANTS ACTIVITIES

A summary of the status of the Company’s total outstanding warrants and changes during the year ended December 31, 2021 and the three months ended March 31, 2022 is as follows:

	Number of Warrants			Weighted Average Exercise Price			Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2021		800		$	300.00			1.37
Granted		3,456,000			5.00			-
Exercised		(925,908	)		(5.00	)		-
Forfeited		-			-			-
Cancelled		(800	)		(300.00	)		-
Balance outstanding and exercisable at December 31, 2021		2,530,092		$	5.00			4.42

Balance at January 1, 2022		2,530,092		$	5.00			4.42
Granted		-			-			-
Exercised		-			-			-
Forfeited		-			-			-
Cancelled		-			-			-
Balance outstanding and exercisable at March 31, 2022		2,530,092		$	5.00			4.18

SCHEDULE OF OUTSTANDING STOCK OPTIONS ACTIVITIES

A summary of the status of the Company’s outstanding stock options and changes during the three months ended March 31, 2022 is as follows:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2021		600,009		$	2.35		9.91
Granted		400,000
Exercised		(19,200	)
Forfeited		(917	)
Cancelled		(50,000	)
Balance outstanding and excercisable at December 31, 2021		929,892		$	3.53		7.36

Balance at January 1, 2022		929,892		$	3.53		7.36
Granted		-			-		-
Exercised		-			-		-
Forfeited		(191	)		-		-
Cancelled		-			-		-
Balance outstanding and excercisable at March 31, 2022		929,701		$	3.42		7.12