secwatch.observer — SEC 8-K summary
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Issuer:     NextPlat Corp (NXPL)
CIK:        0001058307
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001437749-26-010674
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextPlat reports FY2025 revenue $54.3M, net loss $0.44/share; cost cuts of $2M+
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- Revenue $54.3M, down 18% YoY; healthcare revenue fell to $39.7M, e-commerce rose to $14.6M.
- Net loss attributable to common stockholders $11.7M ($0.44 per diluted share) vs $13.4M ($0.65) prior year.
- Operating expenses cut 50% to $19.9M; headcount reduced >25%, $2M+ annualized cost savings.
- Cash $13.7M, no meaningful debt, working capital $15M; gross margin fell to 20% from 26%.
- New leadership: Rodney Barreto Chairman, David Phipps CEO, Amanda Ferrio CFO, Birute Norkute VP Healthcare.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926010674/0001437749-26-010674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926010674/nxpl20251122_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-010674

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