NextPlat Corp Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity (Deficit)

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (USD $)	Preferred Stock - Series A	Preferred Stock - Series B	Preferred Stock - Series D	Common Stock	Additional Paid in Capital	Accumulated Deficit	Total
Beginning balance, value at Dec. 31, 2012	$ 2	$ 1		$ 169	$ 47,885,179	$ (49,593,162)	$ (1,707,812)us-gaap_StockholdersEquity
Beginning balance, shares at Dec. 31, 2012	20,000	6,666		1,686,865
Issuance of preferred stock in connection with the conversion of debt and accrued interest, shares				54,085
Issuance of preferred stock in connection with the conversion of debt and accrued interest, value				5	311,524		311,529
Reclassification of derivative liability upon extinguishment of convertible debentures					6,332		6,332
Cancellation of common stock, shares				(230,000)
Cancellation of common stock, value				(23)	23
Net Income (loss)						624,118	624,118us-gaap_NetIncomeLoss
Ending balance, value at Dec. 31, 2013	2	1		151	48,203,058	(48,969,044)	(765,832)us-gaap_StockholdersEquity
Ending balance, shares at Dec. 31, 2013	20,000	6,666		1,510,950
Issuance of preferred stock in connection with the conversion of debt and accrued interest, shares			5,000,000
Issuance of preferred stock in connection with the conversion of debt and accrued interest, value			500			132,775
Sale of common stock, shares				10,000,000
Sale of common stock, amount				1,000	499,000		500,000
Stock-based compensation in connection with options granted					179,834		179,834
Issuance of common stock in connection with a license agreement, shares				2,222,222
Issuance of common stock in connection with a license agreement, value				222	2,222,000		2,222,222
Preferred stock deemed dividend in connection with issuance of preferred stock					133,274	(133,274)
Net Income (loss)						(411,234)	(411,234)us-gaap_NetIncomeLoss
Ending balance, value at Dec. 31, 2014	$ 2	$ 1	$ 500	$ 1,373	$ 51,369,941	$ (49,513,552)	$ 1,858,265us-gaap_StockholdersEquity
Ending balance, shares at Dec. 31, 2014	20,000	6,666	5,000,000	13,733,172