NextPlat Corp Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Loss Per Share

Note 7 - Loss Per Share

6 Months Ended

Jun. 30, 2024

Note 7. 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 June 30,*						*Six Months Ended June 30,*
	*2024*			*2023*			*2024*			*2023*
Net loss attributable to NextPlat Corp common shareholders	$	(5,311	)	$	(4,341	)	$	(6,791	)	$	(5,528	)

Basic weighted average common shares outstanding		18,824			18,072			18,774			16,254
Potentially dilutive common shares		-			-			-			-

Diluted weighted average common shares outstanding		18,824			18,072			18,774			16,254

Weighted average loss per common share - basic and diluted	$	(0.28	)	$	(0.24	)	$	(0.36	)	$	(0.34	)


Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share:
Stock options		9			240			60			175
Common stock purchase warrants		-			1,419			-			583
		9			1,659			60			758