NXPL · NextPlat Corp

The latest filing states the doubt was alleviated.

“The Company has incurred recurring operating losses and historically generated negative operating cash flows. These conditions raised substantial doubt about the Company’s ability to continue as a going concern for the twelve months following the issuance of these Condensed Consolidated Financial Statements. Based on management’s projections of operating results and cash flows, the Company’s current liquidity position, access to additional capital through the ATM Program, and management’s evaluation of its plans, management believes it is probable that these plans will be effectively implemented and will mitigate the conditions that raised substantial doubt about the Company’s ability to continue as a going concern.”