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

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)

9 Months Ended

Sep. 30, 2022

SCHEDULE OF OUTSTANDING STOCK WARRANTS ACTIVITIES

A summary of the status of the Company’s total outstanding warrants and changes during the year ended December 31, 2021 and the nine months ended September 30, 2022 is as follows:

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2021		800		$	300.00		1.37
Granted		3,456,000			5.00		-
Exercised		(925,908	)		5.00		-
Forfeited		-			-		-
Cancelled		(800	)		300.00		-
Balance outstanding and exercisable at December 31, 2021		2,530,092		$	5.00		4.42

Balance at January 1, 2022		2,530,092		$	5.00		4.42
Granted		-			-		-
Exercised		-			-		-
Forfeited		-			-		-
Cancelled		-			-		-
Balance outstanding and exercisable at September 30, 2022		2,530,092		$	5.00		3.67

SCHEDULE OF OUTSTANDING STOCK OPTIONS ACTIVITIES

A summary of the status of the Company’s outstanding stock options and changes during the nine months ended September 30, 2022 is as follows:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)
Balance at January 1, 2021		600,009		$	2.35		9.91
Granted		400,000			-		-
Exercised		(19,200	)		-		-
Forfeited		(917	)		-		-
Cancelled		(50,000	)		-		-
Balance outstanding and exercisable at December 31, 2021		929,892		$	3.53		7.36

Balance at January 1, 2022		929,892		$	3.53		7.36
Granted		220,000			-		-
Exercised		-			-		-
Forfeited		(191	)		-		-
Cancelled		-			-		-
Balance outstanding and exercisable at September 30, 2022		1,149,701		$	3.59		6.45