secwatch.observer — SEC 8-K summary
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Issuer:     NextPlat Corp (NXPL)
CIK:        0001058307
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001437749-24-035234
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextPlat Q3 2024 net loss $4.2M vs prior-year income; 9-month revenue $49.8M (+136%)
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- Net loss attributable to common shareholders $4.2M ($0.22/sh) in Q3 2024 vs net income $3.4M ($0.17/sh) in Q3 2023.
- Nine-month consolidated revenue $49.8M, up 136% YoY, driven by Progressive Care acquisition. Full-year guidance $60–65M.
- Non-cash impairment losses of $13.7M recognized in 9M 2024 on Progressive Care goodwill; company expects no further impairments.
- Healthcare Operations filled 128,000 prescriptions in Q3 (+5% YoY); e-commerce airtime revenue grew 94% vs prior year.
- Completed all-stock merger with Progressive Care on Oct 1; OPKO China e-commerce program extended four years, expanded to Japan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058307/000143774924035234/0001437749-24-035234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058307/000143774924035234/nxpl20240905_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035234

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