---
schema_version: "secwatch.filing_event.v1"
accession: "0001178913-23-001822"
form_type: "8-K"
ticker: "LFWD"
cik: "0001607962"
company_name: "Lifeward Ltd."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:11:07.535331+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ReWalk Robotics Q1 revenue up 40% to $1.2M; gross margin improves to 46.4%

## Summary
- Total revenue $1.2M vs $0.9M in Q1 2022, a 40% increase driven by higher US unit sales.
- Gross margin 46.4% vs 30.3% in Q1 2022, up 16 percentage points on higher volumes and ASP.
- Net loss $4.3M vs $4.4M; non-GAAP net loss $4.0M vs $4.1M; cash $61.9M with no debt.
- FDA 510(k) clearance for ReWalk Personal Exoskeleton on stairs and curbs in March 2023.
- First Medicare claim submitted; ten additional submissions planned in Q2 2023.

## SEC filing metadata
- accession: 0001178913-23-001822
- form_type: 8-K
- ticker: LFWD
- cik: 0001607962
- company_name: Lifeward Ltd.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607962/000117891323001822/0001178913-23-001822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607962/000117891323001822/zk2329703.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001178913-23-001822
- JSON: https://secwatch.observer/filing/0001178913-23-001822.json
- Plain text: https://secwatch.observer/filing/0001178913-23-001822.txt

## Key facts
- Earnings Releases
  Lifeward Ltd. reported the three months ended March 31, 2023 results: revenue $1.2 million, net income $4.3 million.
  - Period: the three months ended March 31, 2023
  - Revenue: $1.2 million
  - Net income: $4.3 million
  - Result: reported results
  source text: announced its financial results for the three months ended March 31, 2023. Highlights of the first quarter of 2023 include: • Total revenue for the first quarter of 2023 was $1.2 million, as compared to $0.9 million in the first quarter of 2022, up 40%; • Gross margin was 46.4% in Q1’23, as compared to 30.3% in Q1’22, a 16 percentage point increase; • Operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/1607962/000117891323001822/0001178913-23-001822-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.