secwatch.observer — SEC 8-K summary
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Issuer:     NEPHROS INC (NEPH)
CIK:        0001196298
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0001493152-22-021892
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nephros Q2 revenue up 27% to $2.9M; net loss flat at $1.1M
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- Net revenue $2.9M (+27% YoY); water filtration segment $2.8M (+30% YoY).
- Net loss $1.1M flat YoY; Adjusted EBITDA ($0.7M) vs ($0.8M) prior year.
- Active Customer Sites hit record 1,349 (+21% YoY, +6% QoQ).
- Gross margin fell to 47% from 56%; cost of goods sold rose 54%.
- Targeting positive cash flow by mid-2023 via price increases, headcount cuts, SKU reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1196298/000149315222021892/0001493152-22-021892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1196298/000149315222021892/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-021892

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