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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Principles of Consolidation (Policies)
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

SCHEDULE OF CONCENTRATION RISK (Details)

v3.23.1

SCHEDULE OF CONCENTRATION RISK (Details) - Revenue Benchmark [Member] - Supplier Concentration Risk [Member] - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Iridium Satellite [Member]
Concentration Risk [Line Items]
Concentration risk, amount	$ 527,681
Concentration risk percentage	18.60%
Garmin [Member]
Concentration Risk [Line Items]
Concentration risk, amount	$ 594,441	$ 415,965
Concentration risk percentage	20.90%	14.00%
Network Innovations [Member]
Concentration Risk [Line Items]
Concentration risk, amount	$ 334,184	$ 320,516
Concentration risk percentage	11.80%	10.80%
Cygnus Telecom [Member]
Concentration Risk [Line Items]
Concentration risk, amount	$ 308,668	$ 940,914
Concentration risk percentage	10.90%	31.70%

- Definition

Maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the entity would incur if parties to the financial instruments that make up the concentration failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the entity.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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