---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-019930"
form_type: "8-K"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T03:27:46.875525+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings Q2 FY2023 net loss $3.3M ($0.13/share); cash $88.9M

## Summary
- Net loss from continuing ops $3.3M for Q2 Jan 31 2023 vs $2.1M prior year; diluted EPS $0.13 loss.
- Cash, cash equivalents and marketable securities $88.9M as of Jan 31, 2023.
- R&D expenses $2.2M in Q2, down from $3.3M prior year due to winding down Barer Institute programs.
- Six-month net loss $8.5M ($0.36/share) vs $130.9M ($5.86/share) prior year, which included $79.1M impairment and other charges.
- G&A expenses $2.1M in Q2 vs credit of $1.7M prior year; includes $0.3M severance costs.

## SEC filing metadata
- accession: 0001213900-23-019930
- form_type: 8-K
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390023019930/0001213900-23-019930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390023019930/ea175180-8k_rafael.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-019930
- JSON: https://secwatch.observer/filing/0001213900-23-019930.json
- Plain text: https://secwatch.observer/filing/0001213900-23-019930.txt

## Key facts
- Earnings Releases
  Rafael Holdings, Inc. reported the three months ended January 31, 2023 results: net income net loss from continuing operations of $3.3 million, EPS $0.13 per share.
  - Period: the three months ended January 31, 2023
  - Net income: net loss from continuing operations of $3.3 million
  - EPS: $0.13 per share
  - Result: reported results
  source text: For the three months ended January 31, 2023, we incurred a net loss from continuing operations of $3.3 million, or $0.13 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390023019930/0001213900-23-019930-index.htm
- Earnings Releases
  Rafael Holdings, Inc. reported the six months ended January 31, 2023 results: net income net loss from continuing operations of $8.5 million, EPS $0.36 per share.
  - Period: the six months ended January 31, 2023
  - Net income: net loss from continuing operations of $8.5 million
  - EPS: $0.36 per share
  - Result: reported results
  source text: For the six months ended January 31, 2023, we incurred a net loss from continuing operations of $8.5 million, or $0.36 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390023019930/0001213900-23-019930-index.htm

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