Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Loss Per Share

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Note 6 - Loss Per Share
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 6. 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.

 

The components of basic and diluted EPS were as follows (in thousands, except per share data). 

 

   

Three Months Ended March 31,

 
   

2024

   

2023

 

Net loss attributable to NextPlat Corp common shareholders

  $ (1,481 )   $ (1,187 )
                 

Basic weighted average common shares outstanding

    18,725       14,415  

Potentially dilutive common shares

    -       -  
                 

Diluted weighted average common shares outstanding

    18,725       14,415  
                 

Weighted average loss per common share - basic and diluted

  $ (0.08 )   $ (0.08 )
                 
                 

Potentially dilutive common shares excluded from the calculation of diluted weighted average loss per common share:

               

Stock options

    105       100  
      105       100