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

Annual report pursuant to Section 13 and 15(d)

Note 20 - Stock-based Compensation (Tables)

Note 20 - Stock-based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

		Number of Units				Weighted Average Grant Date Fair Value
Outstanding as of December 31, 2021			867,500			$	4.20
Granted			136,000				2.72
Vested			(543,500	)			3.78
Forfeited			-				-
Outstanding as of December 31, 2022			460,000				4.32
Granted			559,000				1.65
Vested			(794,000	)			2.42
Forfeited			-				-
Outstanding as of December 31, 2023			225,000			$	4.33

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

		Number of Options				Weighted Average Exercise Price				Weighted Average Grant Date Fair Value				Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2022			2,179,892			$	4.54			$	2.44				5.93
Granted			190,000			$	1.92			$	1.43				6.85
Exercised			-			$	-			$	-				-
Cancelled			(250,000	)		$	5.35			$	-				-
Expired			(191	)		$	-			$	-				-
Balance outstanding at December 31, 2022			2,119,701			$	4.16			$	2.25				5.23

Options exercisable at December 31, 2022			1,259,701			$	3.51			$	1.68				6.25

Balance at January 1, 2023			2,119,701			$	4.16			$	2.25				5.23
Granted			395,000			$	2.37			$	2.37				4.06
Exercised			-			$	-			$	-				-
Cancelled			(266,284	)		$	5.88			$	-				-
Expired			(3,084	)		$	-			$	-				-
Balance outstanding at December 31, 2023			2,245,333			$	3.63			$	2.88				4.26

Options exercisable at December 31, 2023			1,771,997			$	3.31			$	2.86				4.63