---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-029839"
form_type: "8-K"
ticker: "PURE"
cik: "0001006028"
company_name: "PURE BIOSCIENCE, INC."
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:17:10.147764+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PURE Bioscience FY2022 revenue down 51% to $1.8M; net loss widens to $3.5M

## Summary
- Net product sales of $1.81M vs $3.70M in FY2021; royalties fell to $40K from $229K.
- Net loss of $3.5M ($0.04/sh) compared to $2.3M ($0.03/sh) in prior year.
- Net loss excluding stock compensation was $2.9M; cash used in operations $2.5M.
- Sales team expanded: three street execs, Midwest manager, two AVP corporate accounts.
- CRM software implemented; two-team sales approach targeting janitorial and sanitation.

## SEC filing metadata
- accession: 0001493152-22-029839
- form_type: 8-K
- ticker: PURE
- cik: 0001006028
- company_name: PURE BIOSCIENCE, INC.
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1006028/000149315222029839/0001493152-22-029839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006028/000149315222029839/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-029839
- JSON: https://secwatch.observer/filing/0001493152-22-029839.json
- Plain text: https://secwatch.observer/filing/0001493152-22-029839.txt

## Key facts
- Earnings Releases
  PURE BIOSCIENCE, INC. reported fiscal year ended July 31, 2022 results: revenue $1,813,000, net income ($3.5 million), EPS ($0.04).
  - Period: fiscal year ended July 31, 2022
  - Revenue: $1,813,000
  - Net income: ($3.5 million)
  - EPS: ($0.04)
  - Result: reported results
  source text: ● Net product sales were $1,813,000 and $3,698,000 for the fiscal years ended July 31, 2022 and 2021, respectively. The decrease of $1,885,000 was attributable to decreased sales across our distribution and end-user network servicing the food processing, transportation, and janitorial industries. In addition, during the fiscal year ended July 31, 2022, we recognized $40,000 in royalties, compared to $229,000 in royalties for the fiscal year ended July 31, 2021. ● Net loss for the fiscal year ended July 31, 2022 was ($3.5 million), compared to ($2.3 million) for the fiscal year ended July 31, 2021. ● Net loss, excluding share-based compensation, for the fiscal year ended July 31, 2022 was ($2.9 million), compared to ($1.3 million) for the fiscal year ended July 31, 2021. ● Net loss per share was ($0.04) for the fiscal year ended July 31, 2022, compared to ($0.03) per share for the fiscal year ended July 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006028/000149315222029839/0001493152-22-029839-index.htm

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