Annual report [Section 13 and 15(d), not S-K Item 405]

Note 13 - Equity Method Investment - Summary of Equity Method Investment (Details)

v3.25.1
Note 13 - Equity Method Investment - Summary of Equity Method Investment (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Gain on equity method investment $ 0 $ 11,352
Equity in net loss of affiliate (9,100) (8,629)
Progressive Care [Member]    
December 31, 2022, beginning balance $ 0 5,261
Investment in Progressive Care Inc. and Subsidiaries   1,506
Gain on equity method investment   11,352
Portion of loss from Progressive Care, Inc. and Subsidiaries   (1,604)
Depreciation expense due to cost basis difference (1) [1]   (49)
Interest earned from convertible note receivable   21
Interest earned from amortization of premium on convertible note receivable   199
Elimination of intercompany interest earned   (7)
Change in accounting method as of July 1, 2023   (16,679)
December 31, 2023, carrying amount   0
Equity in net loss of affiliate   $ (1,440)
[1] NextPlat records depreciation expense on its estimated cost basis difference which is subject to change.