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

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)

6 Months Ended

Jun. 30, 2012

Equity [Abstract]

Schedule of Stock Options Rollforward

		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2012			30,000,000			$	0.05				4.58
Granted			-				-				-
Exercised			-				-				-
Forfeited			-				-				-
Cancelled			(30,000,000	)			0.05				4.41
Balance outstanding at June 30, 2012			-			$	-				-

Options exercisable at June 30, 2012			-			$	-
Options expected to vest			-
Weighted average fair value of options granted during the six months ended June 30, 2012						$	-

Schedule of Warrants Rollforward

		Number of Warrants				Weighted Average Exercise Price
Balance at December 31, 2011			36,000,000			$	0.025
Granted			750,000				0.05
Exercised			-				-
Balance at June 30, 2012			36,750,000			$	0.026

Warrants exercisable at June 30, 2012			36,750,000			$	0.026
Weighted average fair value of warrants granted during the six months ended June 30, 2012						$	-

Schedule of Outstanding Warrants

Warrants Outstanding												Warrants Exercisable
Range of Exercise Price			Number Outstanding at June 30, 2012			Weighted Average Remaining Contractual Life		Weighted Average Exercise Price				Number Exercisable at June 30, 2012				Weighted Average Exercise Price
$	0.025			36,000,000		2.56 Years		$	0.025				36,000,000			$	0.025
	0.05			750,000		4.86 Years			0.05				750,000				0.05
$	0.026			36,750,000		2.61 Years		$	0.026				36,750,000			$	0.026