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

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

Note 7 - Earnings (Loss) Per Share

Note 7 - Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2024

Note 7. Earnings (Loss) per Share

Net income (loss) per common share is calculated in accordance with 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.

The components of basic and diluted EPS were as follows (in thousands, except per share data). For all periods presented, the Company incurred a net loss causing inclusion of any potentially dilutive securities to have an anti-dilutive effect, resulting in diluted loss per common share and basic loss per common share being equivalent.

	*Years Ended December 31,*
	*2024*			*2023*
Net loss attributable to NextPlat Corp common shareholders	$	(14,025	)	$	(3,778	)

Basic weighted average common shares outstanding		20,614			17,494
Potentially dilutive common shares		—			—
Diluted weighted average common shares outstanding		20,614			17,494

Basic weighted average loss per common share	$	(0.68	)	$	(0.22	)
Diluted weighted average loss per common share	$	(0.68	)	$	(0.22	)


Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share:
Stock options		13			136
Common stock purchase warrants		—			675
		13			811