NextPlat Corp Registration of securities issued in business combination transactions

Note 16 - Accounts Payable and Accrued Expenses

3 Months Ended

12 Months Ended

Mar. 31, 2024

Dec. 31, 2023

Note 13. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

	*March 31, 2024*		*December 31, 2023*
	(Unaudited)		(Audited)
Accounts payable	$	13,978	$	12,142
Accrued wages and payroll liabilities		378		200
Accrued PBM fees		366		571
Customer deposits payable		54		76
Accrued other liabilities		117		187
Total	$	14,893	$	13,176

Note 16. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

	*December 31, 2023*		*December 31, 2022*
Accounts payable	$	12,142	$	1,200
Accrued wages and payroll liabilities		200		23
Accrued PBM fees		571		—
Customer deposits payable		76		86
Accrued legal fees		—		85
Pre-merger accrued other liabilities		—		88
Accrued other liabilities		187		41
Total	$	13,176	$	1,523

The increase in accounts payable and accrued expenses was attributable to the consolidation of Progressive Care at July 1, 2023.