NextPlat Corp Registration of securities issued in business combination transactions

Note 23 - Reportable Segments (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2024

Dec. 31, 2023

For the Three Months Ended March 31, 2024	*e-Commerce Operations*			*Healthcare Operations*			*Eliminations*			*Total*
Pharmacy prescription and other revenue, net of PBM fees	$	—		$	11,324		$	—		$	11,324
e-Commerce revenue		2,865			—			—			2,865
Pharmacy 340B contract revenue		—			3,304			—			3,304
Revenues, net	$	2,865		$	14,628		$	—		$	17,493

Expenses:
Cost of revenue		2,060			10,623			—			12,683
Selling, general and administrative		1,166			899			(60	)		2,005
Salaries, wages and payroll taxes		508			2,116			—			2,624
Impairment loss		—			132			—			132
Professional fees		507			478			—			985
Depreciation and amortization		130			776			—			906
		4,371			15,024			(60	)		19,335
Loss before other (income) expense		(1,506	)		(396	)		60			(1,842	)
Other (expense) income		(203	)		(25	)		(60	)		(168	)
Loss before income taxes		(1,303	)		(371	)		—			(1,674	)
Income taxes		(27	)		—			—			(27	)
Net loss	$	(1,330	)	$	(371	)	$	—		$	(1,701	)

For the Three Months Ended March 31, 2023	e-Commerce Operations			Healthcare Operations		Eliminations		Total
Pharmacy prescription and other revenue, net of PBM fees	$	—		$	—	$	—	$	—
e-Commerce revenue		2,876			—		—		2,876
Pharmacy 340B contract revenue		—			—		—		—
Revenues, net	$	2,876		$	—	$	—	$	2,876

Expenses:
Cost of revenue		2,255			—		—		2,255
Selling, general and administrative		788			—		—		788
Salaries, wages and payroll taxes		588			—		—		588
Professional fees		321			—		—		321
Depreciation and amortization		162			—		—		162
		4,114			—		—		4,114
Loss before other (income) expense		(1,238	)		—		—		(1,238	)
Other (expense) income		(83	)		—		—		(83	)
Loss before income taxes		(1,155	)		—		—		(1,155	)
Income taxes		—			—		—		—
Loss before equity method investment		(1,155	)		—		—		(1,155	)
Equity in net loss of affiliate		(32	)		—		—		(32	)
Net loss	$	(1,187	)	$	—	$	—	$	(1,187	)

For the Twelve Months Ended December 31, 2023	*e-Commerce Operations*			*Healthcare Operations*			*Eliminations*			*Total*
Pharmacy prescription and other revenue, net of PBM fees	$	—		$	21,412		$	—		$	21,412
e-Commerce revenue		10,977			—			—			10,977
Pharmacy 340B contract revenue		—			5,367			—			5,367
Revenues, net	$	10,977		$	26,779		$	—		$	37,756

Expenses:
Cost of revenue		8,122			18,323			—			26,445
Selling, general and administrative		6,633			3,277			—			9,910
Salaries, wages and payroll taxes		2,670			3,973			—			6,643
Goodwill impairment		—			13,895			—			13,895
Professional fees		1,595			506			(120	)		1,981
Depreciation and amortization		647			1,463			—			2,110
Total expenses		19,667			41,437			(120	)		60,984
Loss before other (income) expense	$	(8,690	)	$	(14,658	)	$	120		$	(23,228	)

For the Twelve Months Ended December 31, 2022	*e-Commerce Operations*			*Healthcare Operations*			*Eliminations*			*Total*
Pharmacy prescription and other revenue, net of PBM fees	$	—		$	—		$	—		$	—
e-Commerce revenue		11,710			—			—			11,710
Pharmacy 340B contract revenue		—			—			—			—
Revenues, net	$	11,710		$	—		$	—		$	11,710

Expenses:
Cost of revenue		9,221			—			—			9,221
Selling, general and administrative		5,085			—			—			5,085
Salaries, wages and payroll taxes		2,565			—			—			2,565
Professional fees		1,552			—			—			1,552
Depreciation and amortization		490			—			—			490
Total expenses		18,913			—			—			18,913
Loss before other (income) expense	$	(7,203	)	$	—		$	—		$	(7,203	)