---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-095718"
form_type: "8-K"
ticker: "RFL"
cik: "0001713863"
company_name: "Rafael Holdings, Inc."
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T12:54:02.803032+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rafael Holdings Q1 fiscal 2024 net loss narrows to $3.8M from $5.2M YoY

## Summary
- Net loss from continuing operations of $3.8M ($0.15/share) vs $5.2M ($0.22/share) a year ago.
- Cash, cash equivalents and marketable securities of $72.1M as of Oct 31, 2023.
- R&D expenses fell to $0.5M from $2.1M, driven by winding down early-stage programs.
- G&A expenses decreased to $2.0M from $3.1M due to lower stock-based compensation and payroll.
- CEO says company advancing portfolio and seeking strategic investments; continues supporting Cyclo Therapeutics (CYTH).

## SEC filing metadata
- accession: 0001213900-23-095718
- form_type: 8-K
- ticker: RFL
- cik: 0001713863
- company_name: Rafael Holdings, Inc.
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713863/000121390023095718/0001213900-23-095718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713863/000121390023095718/ea190031-8k_rafael.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-095718
- JSON: https://secwatch.observer/filing/0001213900-23-095718.json
- Plain text: https://secwatch.observer/filing/0001213900-23-095718.txt

## Key facts
- Earnings Releases
  Rafael Holdings, Inc. reported first quarter of fiscal 2024 - the three months ended October 31, 2023 results: net income net loss from continuing operations of $3.8 million, or $0.15 per share, EPS $0.15 per share.
  - Period: first quarter of fiscal 2024 - the three months ended October 31, 2023
  - Net income: net loss from continuing operations of $3.8 million, or $0.15 per share
  - EPS: $0.15 per share
  - Result: reported results
  source text: Rafael Holdings Reports First Quarter Fiscal 2024 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1713863/000121390023095718/0001213900-23-095718-index.htm

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