secwatch.observer — SEC 8-K summary
======================================

Issuer:     Rafael Holdings, Inc. (RFL)
CIK:        0001713863
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001213900-23-081547
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rafael Holdings reports Q4 net income of $1.3M; full-year loss narrows to $8.7M
-------------------------------------------------------------------------------

- Q4 net income from continuing ops $1.3M ($0.06/share) vs loss of $4.6M ($0.24/share) a year ago.
- Full-year FY2023 net loss from continuing ops $8.7M ($0.36/share) vs $140.5M ($6.22/share) prior year which included large write-offs.
- Cash, cash equivalents and marketable securities of $79.2M as of July 31, 2023.
- Suspended Barer Institute activities; sold real estate for $33M net proceeds; invested in Cyclo Therapeutics (CYTH) and Day Three Labs.
- R&D expenses reduced to $1.3M in Q4 from $1.8M; G&A down to $1.4M from $3.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713863/000121390023081547/0001213900-23-081547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713863/000121390023081547/ea187457-8k_rafael.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-081547

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer