secwatch.observer — SEC 8-K summary
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Issuer:     NextPlat Corp (NXPL)
CIK:        0001058307
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001437749-24-011809
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextPlat reports FY2023 revenue $37.8M (+222% YoY); net loss narrows to $3.8M
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- Consolidated revenue $37.8M (+222% YoY); gross margin improved to 30% from 21%.
- Net loss $3.8M ($0.22 diluted EPS) vs $9.2M loss ($0.96) in prior year.
- Cash $26.3M at year-end; included $13.9M non-cash goodwill impairment.
- Healthcare subsidiary Progressive Care contributed $26.8M revenue since July 2023 consolidation.
- Launched OPKO storefront on Alibaba Tmall Global (Mar 2024); acquired Outfitter Satellite (Mar 26, 2024).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058307/000143774924011809/0001437749-24-011809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058307/000143774924011809/nxpl20240411_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-011809

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer