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

Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Goodwill and Intangible Assets, net (Tables)

Note 11 - Goodwill and Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Goodwill Reportable Segments [Table Text Block]

		*e-Commerce Operations*				*Healthcare Operations*				*Total*
Goodwill, net as of December 31, 2023		$	—			$	731			$	731

Changes in Goodwill during the period ended September 30, 2024:
Goodwill acquired - Outfitter acquisition			301				—				301
Deferred tax effect of intangible basis difference (1)			(145	)			—				(145	)
Impairment loss			—				(731	)			(731	)
Goodwill, net as of September 30, 2024		$	156			$	—			$	156

Schedule of Finite-Lived Intangible Assets [Table Text Block]

		*September 30, 2024*
		*Gross amount*				*Accumulated amortization*				*Net amount*
Trade names		$	185			$	(10	)		$	175
Customer contracts			665				(285	)			380
Total intangible assets		$	850			$	(295	)		$	555

		*December 31, 2023*
		*Gross amount*				*Accumulated amortization*				*Net amount*
Pharmacy records		$	8,130			$	(807	)		$	7,323
Trade names			4,700				(224	)			4,476
Developed technology			2,880				(281	)			2,599
Customer contracts			250				(225	)			25
Total intangible assets		$	15,960			$	(1,537	)		$	14,423

Schedule of Intangible Asset Reportable Segments [Table Text Block]

		*e-Commerce Operations*				*Healthcare Operations*				*Total*
Balances at December 31, 2023:
Gross amount		$	250			$	15,710			$	15,960
Accumulated amortization			(225	)			(1,312	)			(1,537	)
Net amount			25				14,398				14,423

Changes during the nine months ended September 30, 2024:
Outfitter acquisition			600				—				600
Accumulated amortization expense			(70	)			(1,608	)			(1,678	)
Impairment - gross amount			—				(15,710	)			(15,710	)
Impairment - accumulated amortization			—				2,920				2,920
Net amount			530				(14,398	)			(13,868	)

Balances at September 30, 2024:
Gross amount			850				—				850
Accumulated amortization			(295	)			—				(295	)
Net amount		$	555			$	—			$	555

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Year			*Amount*
2024 (remaining three months)		$	32
2025			102
2026			102
2027			102
2028			102
Thereafter			115
Total		$	555