| Earnings Per Share [Text Block] |
Note 7. Earnings (Loss) per Share
Net income (loss) per common share is calculated in accordance with Accounting Standards Codification (“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. In periods where the Company has a net loss, all dilutive securities are excluded.
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2023 |
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2022 |
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2023 |
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2022 |
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| Net income (loss) attributable to NextPlat Corp common shareholders |
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$ |
3,447,653 |
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$ |
(5,713,276 |
) |
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$ |
(2,080,318 |
) |
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$ |
(8,219,220 |
) |
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| Basic weighted average common shares outstanding |
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18,702,857 |
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9,469,509 |
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17,079,077 |
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9,310,936 |
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| Potentially dilutive common shares |
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1,592,692 |
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- |
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- |
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- |
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| Diluted weighted average common shares outstanding |
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20,295,549 |
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9,469,509 |
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17,079,077 |
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9,310,936 |
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| Basic weighted average earnings (loss) per common share |
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$ |
0.18 |
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$ |
(0.60 |
) |
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$ |
(0.12 |
) |
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$ |
(0.88 |
) |
| Diluted weighted average earnings (loss) per common share |
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$ |
0.17 |
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$ |
(0.60 |
) |
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$ |
(0.12 |
) |
|
$ |
(0.88 |
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| Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share: |
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| Stock options |
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- |
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273,607 |
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156,327 |
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292,959 |
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| Common stock purchase warrants |
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- |
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- |
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876,042 |
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- |
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- |
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273,607 |
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1,032,369 |
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292,959 |
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