Source-grounded facts extracted from NextPlat Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
NextPlat Corp reported the quarter ended March 31, 2026 results: revenue $9.9 million, net income approximately $1.1 million, EPS ($0.42) per diluted share.
“Consolidated revenue for the quarter ended March 31, 2026, was approximately $9.9 million, compared to approximately $13.9 million for the prior year period, an overall decrease of 29% which reflects the expected decline in overall healthcare revenue.”
NextPlat Corp: Amended and restated certificate of incorporation to effectuate a 1-for-10 reverse stock split (effective 2026-04-13).
“On April 2, 2026, NextPlat Corp (the “Company”) filed an amended and restated certificate of incorporation (the “Amendment”) to effectuate a reverse stock split at a ratio of 1-to-10 (the “Reverse Stock Split”), as approved by the Company’s Board of Directors.”
NextPlat Corp reported year ended December 31, 2025 results: revenue approximately $54.3 million, net income Net loss attributable to common stockholders for the year ended December 31, 2025, was approximately $11.7 million, or (, EPS ($0.44) per diluted share.
“our shareholders for quite some time.” Fourth Quarter and Full Year 2025 Financial Highlights ● Consolidated revenue for the full year ended December 31, 2025, was approximately $54.3 million, compared to approximately $66.1 million for the prior year, an overall decrease of 18%. ○ Full year 2025 Healthcare Operations revenue decreased approximately $12.6 million to”
NextPlat Corp received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1)).
“October 28, 2025, the Company received a letter from the Staff notifying that the Company is eligible for a second 180-day period, or until April 27, 2026 (the “Second Grace Period”) to regain compliance with the Bid Price Requirement. According to the notification from Nasdaq, the Staff’s determination was based on (i) the Company meeting the continued listing requirement for market value of its publicly held shares and all other Nasdaq initial listing standards, with the exception of the Bid Price Requirement, and (ii) the Company’s written notice to Nasdaq of its intention to cure the defic”
NextPlat Corp received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
“October 28, 2025, the Company received a letter from the Staff notifying that the Company is eligible for a second 180-day period, or until April 27, 2026 (the “Second Grace Period”) to regain compliance with the Bid Price Requirement. According to the notification from Nasdaq, the Staff’s determination was based on (i) the Company meeting the continued listing requirement for market value of its publicly held shares and all other Nasdaq initial listing standards, with the exception of the Bid Price Requirement, and (ii) the Company’s written notice to Nasdaq of its intention to cure the defic”
David Phipps was appointed as Interim Chief Executive Officer at NextPlat Corp.
“the Company’s Board of Directors (the “Board”) appointed David Phipps, the Company's current President and CEO of Global Operations and Director, as Interim Chief Executive Officer.”
Charles M. Fernandez departed as Executive Chairman and Chief Executive Officer at NextPlat Corp.
“As a result of the passing of Charles M. Fernandez, Executive Chairman and Chief Executive Officer of NextPlat Corp (the “Company”), on May 24, 2025”
NextPlat Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5810(c)(3)(A), 5550(a)(2)).
“April 28, 2025, NextPlat Corp (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its common stock was below $1.00 for 30 consecutive business days preceding the date of the Notice, and that the Company did not meet the $1.00 per share minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Global Market. Pursuant to Nasd”
Jervis Hough resigned as director at NextPlat Corp.
“On April 24, 2025, Jervis Hough notified the Company of his immediate resignation as a director of the Company to pursue other interests.”
Elizabeth Alcaine was elected as Director at NextPlat Corp.
“The Board of Directors (the "Board") of NextPlat Corp (the "Company") unanimously elected Ms. Elizabeth Alcaine to the Board to fill a vacancy in the Board effective as of October 1, 2024”
NextPlat Corp reported the first fiscal quarter ended March 31, 2024 results: revenue approximately $17.5 million, net income approximately $1.5 million, or ($0.08) per diluted share.
“NextPlat Reports Record Consolidated Q1 2024 Revenues of $17.5 Million Compared to $2.9 Million in Q1 2023 (508% Increase)”
NextPlat Corp reported fiscal year ended December 31, 2023 results: revenue $37.8 million, net income $3.8 million, EPS $0.22 diluted earnings per share.
“--- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_652486.htm EXHIBIT 99.1 ex_652486.htm Exhibit 99.1 NextPlat Reports Consolidated Year-End 2023 Results with Increased Revenues of $37.8 Million, Record Annual Margins of 30% and $26.3 Million in Cash Company Expands Healthcare and Technology Focus Through the Launch of its E-Commerce Development Program with Alibaba ’ s”
NextPlat Corp entered into Stock Purchase Agreement with James T. McKinley valued at $760,000.00 (effective 2024-03-25).
“On March 25, 2024, NextPlat Corp (NASDAQ: NXPL, NXPLW) (the “Company” or “NextPlat”) entered into a Stock Purchase Agreement (the “SPA”) with James T. McKinley (“Seller”), pursuant to which the Company agreed to purchase all of the issued and outstanding shares of common stock of Outfitter Satellite, Inc. (“Outfitter”) in an all-cash transaction (the “Acquisition”) for an aggregate purchase price of $760,000.00”
NextPlat Corp reported the three months ended September 30, 2023 results: revenue approximately $15.3 million, net income approximately $2.6 million, or $0.17 diluted earnings per share, EPS $0.17 diluted earnings per share.
“NextPlat Reports Consolidated Third Quarter 2023 Results with Increased Revenues of $15.3 Million, Margins Improve to 30% and $2.7 Million Net Income”
NextPlat Corp entered into Distribution Agreement with OPKO HEALTH Spain, S.L.U. valued at Exclusive distributor in China for OPKO health and veterinary products (effective 2023-10-12).
“As previously disclosed, on October 12, 2023, NextPlat Corp (the "Company") entered into a Distribution Agreement with OPKO HEALTH Spain, S.L.U. (“OPKO”) to market and resell certain OPKO health and veterinary products (the "Products") through the Alibaba platform in China (the "Distribution Agreement").”
NextPlat Corp underwent a change of control involving Progressive Care Inc. (closed 2023-07-01).
“As a result of the common stock warrant purchases and the entry into the voting agreement, the Company concluded that there was a change in control of Progressive Care with the Company having the right to control more than 50 percent of the voting interests in Progressive Care as of July 1, 2023 through the concurrent warrant exercises and voting agreement noted above.”
NextPlat Corp reported the three months ended June 30, 2023 results: revenue $3.0 million, net income $4.3 million.
“and CEO of NextPlat. Financial highlights of the three months ended June 30, 2023, included: ● Revenues for the second quarter and six months of 2023 were approximately $3.0 million and $5.8 million, respectively, an increase from revenues of approximately $2.9 million reported in the second quarter of 2022, and a decrease of revenues reported in the six”
Theresa Carlise resigned as Chief Accounting Officer, Secretary and Treasurer at NextPlat Corp.
“On June 9, 2023, in connection with the resignation of Theresa Carlise as NextPlat Corp’s (the “Company”) Chief Accounting Officer, Secretary and Treasurer, the Company entered into a Separation and Mutual Release of Claims Agreement (the “Separation Agreement”) with Ms. Carlise.”
NextPlat Corp shareholders approved Authorization of the adjournment of the 2023 Annual Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of Proposal 3, Proposal 4 or Proposal 7 at the 2023-05-31 meeting.
“4. The authorization of the adjournment of the 2023 Annual Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of Proposal 3, Proposal 4 or Proposal 7. For: 10,246,037 Against: 29,311 Abstain: 27,029”
NextPlat Corp shareholders approved Advisory approval of the compensation of the Company’s named executive officers as disclosed in the Proxy Statement at the 2023-05-31 meeting.
“3. The approval, on an advisory basis, of the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. For: 7,090,897 Against: 10,431 Abstain: 4,704”
NextPlat Corp shareholders approved Ratification of the appointment of RBSM LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-31 meeting.
“2. The ratification of the appointment of RBSM LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. For: 10,300,563 Against: 1,204 Abstain: 610”
NextPlat Corp shareholders approved Election of nine directors at the 2023-05-31 meeting.
“1. The election of nine directors, each to serve until the next annual meeting of stockholders of the Company, or until such person’s successor is elected and qualified. NOMINEE VOTES FOR VOTES WITHHELD Rodney Barreto 7,100,255 5,777 Kendall Carpenter 7,100,369 5,663 Louis Cusimano 7,097,466 8,566 Hector Delgado 7,101,128 4,904 Douglas S. Ellenoff 7,040,792 65,240 Charles M. Fernandez 7,103,128 2,904 Maria Cristina Fernandez 7,100,982 5,010 John Miller 7,100,315 5,717 David Phipps 7,085,260 20,772”
NextPlat Corp reported the three months ended March 31, 2023 results: revenue approximately $2.9 million, net income approximately $1.2 million.
“Executive Chairman and CEO of NextPlat. Financial highlights of the three months ended March 31, 2023 included: ● Revenues for the first quarter of 2023 were approximately $2.9 million, an increase of 26% from the core revenue reported by the Company in its first quarter 2022 results after accounting for the non-recurring revenue of $1.3 million generated as a”
NextPlat Corp amended First Amendment with Progressive Care Inc..
“At the same time, Progressive Care and NextPlat entered into a First Amendment (the “Amendment”) to that certain Securities Purchase Agreement dated November 16, 2022 (the “Debenture Purchase Agreement”).”
NextPlat Corp entered into Debt Conversion Agreement with Progressive Care Inc. and other holders of the Note valued at $2,887,228.53 (effective 2023-05-09).
“Simultaneous with the closing, Progressive Care entered into a Debt Conversion Agreement (the “DCA”) with NextPlat and the other holders (the “Holders”) of that certain Amended and Restated Secured Convertible Promissory Note, dated as of September 2, 2022, made by Progressive Care in the original face amount of $2,790,885.63 (the “Note”).”
NextPlat Corp entered into Securities Purchase Agreement with Progressive Care Inc. valued at $1 million (effective 2023-05-05).
“On May 5, 2023, NextPlat Corp (NASDAQ: NXPL, NXPLW) (the “Company” or “NextPlat”) entered into a Securities Purchase Agreement (the “SPA”) with Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care”), pursuant to which the Company agreed to purchase 455,000 newly issued units of securities from Progressive Care (the “Units”) at a price per Unit of $2.20 for an aggregate purchase price of $1 million (the “Unit Purchase”).”
NextPlat Corp entered into Merchant Sourcing Agreement with Alibaba.com Singapore E-Commerce Private Limited (effective 2023-04-20).
“On April 20, 2023, NextPlat Corp (the “Company”) and Alibaba.com Singapore E-Commerce Private Limited, a company organized under the laws of Singapore (“Alibaba”), entered into a Merchant Sourcing Agreement (the “Agreement”) pursuant to which the Company and Alibaba will collaborate in a non-exclusive manner to increase the sale of products produced and sold by American companies to the Chinese consumer market on the Tmall Global e-commerce platform.”
NextPlat Corp entered into Purchase Agreement with accredited investor valued at $6.0 million (effective 2023-04-05).
“On April 5, 2023, NextPlat Corp (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”) for the sale by the Company in a private placement of 3,428,571 shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”).”
NextPlat Corp reported the full year ended December 31, 2022 results: revenue approximately $11.7 million, net income approximately $9.2 million.
“M. Fernandez, Executive Chairman and CEO of NextPlat. Financial highlights of the year ended December 31, 2022 included: ● Revenues for the full year increased to approximately $11.7 million or approximately 51.3% over results reported for the full year ended December 31, 2021. Revenues in the fourth quarter of 2022 increased approximately 26.9% to approximately”
NextPlat Corp received a nasdaq deficiency notice notice regarding other (rules 5620(a), 5810(c)(2)(G)).
“January 5, 2023, we received notice from The Nasdaq Stock Market, Inc. (“Nasdaq”) that we are out of compliance with the Nasdaq rules for continued listing (Listing Rules 5620(a) and 5810(c)(2)(G)) as a result of our failure to hold an annual meeting of shareholders within twelve months of the end of our fiscal year ended December 31, 2021. Under the applicable Nasdaq rules, we now have 45 calendar days to submit a plan to regain compliance. We intend to submit a plan of compliance in response to the notice. If Nasdaq accepts our plan of compliance, we may be granted an exception of up to 180”
NextPlat Corp entered into Registration Rights Agreement with Investors valued at Company to file resale registration statement within 15 calendar days (effective 2022-12-09).
“In connection with the offering, the Company entered into a registration rights agreement (the “Registration Rights Agreement”), pursuant to which, among other things, the Company will prepare and file with the Securities and Exchange Commission (the “SEC”) a registration statement to register for resale the shares of Common Stock sold in the offering and the shares of Common Stock underlying the Warrants, within 15 calendar days and to use its best efforts to have the registration statement declared effective as promptly as practical thereafter.”
NextPlat Corp entered into Placement Agency Agreement with Dawson James Securities, Inc. valued at Placement agent fee: 6% of gross proceeds; 3% on proceeds from officers/directors; Placement Agent W (effective 2022-12-09).
“On December 9, 2022, the Company entered into placement agency agreement (the “Placement Agency Agreement”) with Dawson James Securities, Inc. (“Dawson James”) pursuant to which Dawson James agreed to serve as lead or managing placement agent on a best efforts, agency basis in connection with the private placement of the Units.”
NextPlat Corp entered into Securities Purchase Agreement with Institutional and accredited investors valued at $8,007,000.75 (4,575,429 Units at $1.75 per Unit) (effective 2022-12-09).
“On December 9, 2022, NextPlat Corp (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional and accredited investors (the “Investors”) for the sale by the Company in a private placement of 4,575,429 units (each, a “Unit”), each Unit consisting of (i) one share of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), and (ii) one warrant to purchase one share of Common Stock (each, a “Warrant”).”
Cecile Munnik was appointed as Chief Financial Officer at NextPlat Corp.
“On November 14, 2022, in connection with her appointment as Chief Financial Officer, Ms. Munnik entered into an Employment Agreement with the Company”
Robert Bedwell was elected as Chief Compliance Officer at NextPlat Corp.
“on November 2, 2022, the Company’s Board of Directors unanimously elected Robert Bedwell as its Chief Compliance Officer and Cecile Munnik, CPA/CA, as its Chief Financial Officer.”
NextPlat Corp entered into Securities Purchase Agreement with Progressive Care Inc. valued at $10 million (effective 2022-11-16).
“On November 16, 2022, NextPlat Corp (NASDAQ: NXPL, NXPLW) (the “Company” or “NextPlat”) entered into a Securities Purchase Agreement (the “SPA”) with Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care”), pursuant to which the Company has agreed to purchase, from time to time during the three year term of the SPA, up to an aggregate of $10 million of secured convertible debentures from Progressive Care (the “Debentures”).”
Maria Cristina Fernandez was appointed as Director at NextPlat Corp.
“On September 19, 2022, NextPlat Corp (the "Company") filed with the Securities and Exchange Commission a Current Report on Form 8-K (the "Original Form 8-K") disclosing, among other things, that the Board of Directors of the Company (the "Board") had appointed Ms. Cristina Fernandez to fill a newly-created position on the Board.”
Cristina Fernandez was appointed as Director at NextPlat Corp.
“On September 13, 2022, the Board of Directors (the “Board”) of NextPlat Corp (the “Company”) unanimously voted to increase the size of the Board from eight to nine directors, and to appoint Ms. Cristina Fernandez to fill the newly created Board position.”
Douglas S. Ellenoff was appointed as Chief Business Development Strategist and Vice Chairman of the Board of Directors at NextPlat Corp.
“On August 24, 2021, Douglas S. Ellenoff was appointed to the positions of Chief Business Development Strategist of Orbsat Corp (the “Company”) and Vice Chairman of the Board of Directors of the Company.”
Rodney Barreto was appointed as Director at NextPlat Corp.
“On January 7, 2022, the Board of Directors (the “Board”) of Orbsat Corp (the “Company”) appointed Rodney Barreto as a new director to the Board, effective January 20, 2022.”
Rodney Barreto was appointed as director at NextPlat Corp.
“On January 7, 2022, the Board of Directors (the “Board”) of Orbsat Corp (the “Company”) appointed Rodney Barreto as a new director to the Board, effective January 20, 2022.”
Andrew Cohen was appointed as Senior Vice President of Operations at NextPlat Corp.
“Board appointed Andrew Cohen as Senior Vice President of Operations of the Company, effective October 8, 2021.”
Paul R. Thomson was appointed as Chief Financial Officer at NextPlat Corp.
“Board of Directors of the Company (the “Board”) appointed Paul R. Thomson, the Executive Vice President of the Company, to the additional position of Chief Financial Officer of the Company effective October 9, 2021.”
Sarwar Uddin resigned as Chief Financial Officer at NextPlat Corp.
“Sarwar Uddin, the Chief Financial Officer of Orbsat Corp (the “Company”), notified the Company of his resignation from all positions he holds with the Company. Mr. Uddin’s resignation will be effective as of the close of business on October 8, 2021.”
Theresa Carlise changed role as Chief Accounting Officer, Secretary and Treasurer at NextPlat Corp.
“change Ms. Carlise’s title to “Chief Accounting Officer, Secretary and Treasurer.””
David Phipps changed role as President of Orbsat Corp and Chief Executive Officer of Global Operations at NextPlat Corp.
“change Mr. Phipps’ title to “President of Orbsat Corp and Chief Executive Officer of Global Operations””
Douglas S. Ellenoff was appointed as Vice Chairman and Chief Business Development Strategist at NextPlat Corp.
“On August 24, 2021, Douglas S. Ellenoff was appointed to the positions of Chief Business Development Strategist of Orbsat Corp (the “Company”) and Vice Chairman of the Board of Directors of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.