---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-079285"
form_type: "8-K"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:32:05.229310+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings reports Q1 FY2023 net loss of $5.2M; cash $93.8M after real estate sale

## Summary
- Net loss from continuing ops $5.2M ($0.22/share) vs $128.9M loss ($5.88) in Q1 FY2022.
- Cash, equivalents and marketable securities $93.8M includes $33M net proceeds from Newark real estate sale.
- R&D expense $2.1M (flat); G&A fell to $3.1M from $12.3M on lower stock comp and professional fees.
- Prior-year loss included $25M write-off of receivable and $79.1M impairment of Cornerstone investment.
- CEO says focus on acquiring/in-licensing clinical-stage assets to generate shareholder value.

## SEC filing metadata
- accession: 0001213900-22-079285
- form_type: 8-K
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390022079285/0001213900-22-079285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390022079285/ea170030-8k_rafaelhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-079285
- JSON: https://secwatch.observer/filing/0001213900-22-079285.json
- Plain text: https://secwatch.observer/filing/0001213900-22-079285.txt

## Key facts
- Earnings Releases
  Rafael Holdings, Inc. reported the fiscal quarter ended October 31, 2022 results: net income $5.2 million, EPS $0.22 per share.
  - Period: the fiscal quarter ended October 31, 2022
  - Net income: $5.2 million
  - EPS: $0.22 per share
  - Result: reported results
  source text: For the three months ended October 31, 2022, we incurred a net loss from continuing operations of $5.2 million, or $0.22 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390022079285/0001213900-22-079285-index.htm

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