secwatch.observer — SEC 8-K summary
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Issuer:     NextPlat Corp (NXPL)
CIK:        0001058307
Form:       8-K
Filed at:   2026-05-14T18:02:06+00:00
Accession:  0001437749-26-016986
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextPlat Q1 revenue $9.9M, gross margin record 35%, net loss narrows 42% YoY
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- Revenue $9.9M (down 29% YoY); consolidated gross margin record 35% vs 21% prior year.
- Net loss $1.1M ($0.42/sh) vs loss $1.9M ($0.75) prior year, a 42% reduction.
- Operating expenses down 9% to $4.5M; zero unsecured debt, $11.0M cash.
- Healthcare contract revenue up 19% sequentially; five new 340B entities contracted.
- e-Commerce secured $820K satellite IoT contract from UK/NATO; pipeline >$1.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926016986/0001437749-26-016986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926016986/nxpl20260325_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-016986

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