NextPlat Corp Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

Note 6 - Loss Per Share

Note 6 - Loss Per Share

3 Months Ended

12 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 6. Loss per Share

Net income (loss) per common share is calculated in accordance with Accounting Standards Codification (“ASC”) Topic 260: Earnings per Share (“ASC 260”). Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. The computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding as they would be anti-dilutive. In periods where the Company has a net loss, all dilutive securities are excluded.

The components of basic and diluted EPS were as follows (in thousands, except per share data).

	*Three Months Ended March 31,*
	*2024*			*2023*
Net loss attributable to NextPlat Corp common shareholders	$	(1,481	)	$	(1,187	)

Basic weighted average common shares outstanding		18,725			14,415
Potentially dilutive common shares		—			—

Diluted weighted average common shares outstanding		18,725			14,415

Weighted average loss per common share - basic and diluted	$	(0.08	)	$	(0.08	)


Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share:
Stock options		105			100
		105			100

Note 7. Earnings (Loss) per Share

	*Year Ended December 31,*
	*2023*			*2022*
Net loss attributable to NextPlat Corp common shareholders	$	(3,778	)	$	(9,161	)

Basic weighted average common shares outstanding		17,494			9,592
Potentially dilutive common shares		—			—

Diluted weighted average common shares outstanding		17,494			9,592

Basic weighted average earnings (loss) per common share	$	(0.22	)	$	(0.96	)
Diluted weighted average earnings (loss) per common share	$	(0.22	)	$	(0.96	)


Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share:
Stock options		136			265
Common stock purchase warrants		675			1,403
		811			1,668