secwatch.observer — SEC 8-K summary
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Issuer:     Rafael Holdings, Inc. (RFL)
CIK:        0001713863
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001213900-22-067682
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rafael Holdings full-year net loss $122.8M on $114.2M impairment; Q4 loss narrows to $4.6M
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- Q4 net loss from continuing ops $4.6M ($0.24/share) vs $12.2M ($0.75) YoY; revenue $0.07M.
- Full-year net loss $122.8M ($6.22/share) includes $114.2M impairment of Cornerstone investment and receivables.
- Cash & marketable securities $63.2M at July 31, plus $33M net from real estate sale in Aug 2022.
- R&D expenses rose to $8.7M from $4.9M, reflecting early-stage pipeline spending.
- G&A held at $17.0M, includes $5.9M severance; prior year had $6.6M stock-based comp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713863/000121390022067682/0001213900-22-067682-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713863/000121390022067682/ea167666-8k_rafaelhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-067682

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