---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017081"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:27:10.201552+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NextPlat Q1 revenue down to $14.5M, net loss improves; tariffs pause China product launch

## Summary
- Revenue of $14.5M, down 17% YoY from $17.5M; Healthcare segment declined due to 340B program changes.
- Gross margin fell to 23.8% from 27.8%; operating expenses down 26.2% to $4.9M.
- Net loss attributable to common shareholders narrowed 9% to $1.3M ($0.05/share) from $1.5M ($0.08/share).
- e-Commerce airtime recurring revenue rose 51% to record level; secured new connectivity contracts.
- Florida Sunshine vitamin launch in China paused due to tariffs; exploring alternative markets.

## SEC filing metadata
- accession: 0001437749-25-017081
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774925017081/0001437749-25-017081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774925017081/nxpl20250124_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017081
- JSON: https://secwatch.observer/filing/0001437749-25-017081.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017081.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.