v3.23.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash $ 26,345,704 $ 18,891,232
Accounts receivable, net 7,802,121 383,786
Receivables - other, net 2,945,327 0
Inventory, net 4,986,734 1,286,612
Unbilled revenue 168,678 141,702
VAT receivable 369,422 432,769
Prepaid expenses 865,766 45,679
Notes receivable 251,485 0
Total Current Assets 43,735,237 21,181,780
Property and equipment, net 4,046,854 1,245,802
Goodwill 3,144,000 0
Intangible assets, net 14,116,748 50,001
Operating right of use assets, net 1,035,269 854,862
Finance right-of-use assets, net 28,807 0
Equity method investment 0 5,260,525
Deposits 39,137 0
Prepaid expenses, net of current portion 49,135 49,078
Total Other Assets 18,413,096 6,214,466
Total Assets 66,195,187 28,642,048
Current Liabilities    
Accounts payable and accrued expenses 13,680,665 1,518,095
Contract liabilities 29,223 36,415
Notes payable 385,303 60,490
Due to related party 25,001 28,467
Operating lease liabilities 366,494 208,660
Finance lease liabilities 20,691 0
Income taxes payable 178,310 94,244
Liabilities from discontinued operations 0 112,397
Total Current Liabilities 14,685,687 2,058,768
Long Term Liabilities:    
Long-term portion of notes payable 1,251,159 156,266
Operating lease liabilities, net of current portion 712,521 649,895
Finance lease liabilities, net of current portion 9,897 0
Total Liabilities 16,659,264 2,864,929
Commitments and Contingencies
Equity    
Preferred stock ($0.0001 par value; 3,333,333 shares authorized) 0 0
Common stock ($0.0001 par value; 50,000,000 shares authorized, 18,724,596 and 14,402,025 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively) 1,872 1,440
Additional paid-in capital 66,469,956 56,963,200
Accumulated deficit (33,227,122) (31,146,804)
Accumulated other comprehensive loss (56,869) (40,717)
Equity attributable to NextPlat Corp stockholders 33,187,837 25,777,119
Equity attributable to noncontrolling interests 16,348,086 0
Total Equity 49,535,923 25,777,119
Total Liabilities and Equity $ 66,195,187 $ 28,642,048

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