David Phipps
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.
Highest-materiality recent filing
NextPlat Q1 revenue $9.9M, gross margin record 35%, net loss narrows 42% YoY
Revenue $9.9M (down 29% YoY); consolidated gross margin record 35% vs 21% prior year.
NextPlat pre-announces Q1 2026: gross margin >34%, expects positive operating income in Q3
Consolidated gross margin expected to exceed 34% in Q1 2026, up from ~20% in FY2025.
NextPlat regains Nasdaq minimum bid price compliance; listing preserved
Received Nasdaq compliance letter on April 27, 2026, confirming bid price rule is met.
NextPlat reports FY2025 revenue $54.3M, net loss $0.44/share; cost cuts of $2M+
Revenue $54.3M, down 18% YoY; healthcare revenue fell to $39.7M, e-commerce rose to $14.6M.
NextPlat approves 1-for-10 reverse stock split to regain Nasdaq bid price compliance
Stockholders approved reverse split at special meeting on March 27, 2026.
NextPlat Q3 revenue $13.8M, net loss narrows 48% YoY; sees Q4 improvement
Revenue $13.8M down from $15.4M YoY; gross margin 19.9% vs 23.2%.
NextPlat granted second 180-day Nasdaq extension; must meet $1 bid by April 27, 2026
Received Nasdaq extension to April 27, 2026 to regain minimum $1.00 closing bid price for 10 consecutive days.
NextPlat appoints Amanda Ferrio as CFO; Cecile Munnik steps down
Cecile Munnik stepped down as CFO on Oct 13, 2025; will remain through Q3 2025 filing.
NextPlat CEO salary raised to $450K; receives 200K fully vested shares
CEO David Phipps annual base salary increased to $450,000 effective September 24, 2025.
NextPlat appoints permanent Chairman and CEO; reports business refocusing progress
Rodney Barreto appointed permanent Chairman; David Phipps permanent CEO, succeeding interim roles after May CEO death.
NextPlat Q2 revenue falls 22% to $13.2M; net loss narrows 66% to $1.8M
Revenue of $13.2M, down from $17.0M YoY; Healthcare Operations revenue declined $4.3M.
NextPlat Corp CEO Charles M. Fernandez passes away; David Phipps named Interim CEO
Executive Chairman and CEO Charles M. Fernandez died on May 24, 2025.
NextPlat CEO Charles M. Fernandez passes away; interim successors named
Charles M. Fernandez, Executive Chairman and CEO since July 2021, died suddenly on May 24, 2025.
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.
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
Max materiality 0.90 · Median 0.65 · Most common event earnings