---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-010797"
form_type: "8-K"
ticker: "NEPH"
cik: "0001196298"
company_name: "NEPHROS INC"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:19:13.781076+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nephros preliminary Q1 net revenue $3.7M (+69% YoY); expects break-even cash flow from ops

## Summary
- Net revenue approximately $3.7 million for Q1 2023, a 69% increase over Q1 2022.
- Base revenue (excluding a large emergency order) expected to exceed $3.0 million, up about 40% YoY.
- Expects cash flows from water filtration operations to be at least break-even in Q1; on track for consistent positive cash flows by mid-2023.
- Ended Q1 with $3.8 million cash on a consolidated basis, compared to $3.6 million at Dec 31, 2022.
- Full Q1 2023 results to be announced May 10, 2023 after market close.

## SEC filing metadata
- accession: 0001493152-23-010797
- form_type: 8-K
- ticker: NEPH
- cik: 0001196298
- company_name: NEPHROS INC
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1196298/000149315223010797/0001493152-23-010797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1196298/000149315223010797/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-010797
- JSON: https://secwatch.observer/filing/0001493152-23-010797.json
- Plain text: https://secwatch.observer/filing/0001493152-23-010797.txt

## Key facts
- Earnings Releases
  NEPHROS INC reported the quarter ended March 31, 2023 results: revenue approximately $3.7 million.
  - Period: the quarter ended March 31, 2023
  - Revenue: approximately $3.7 million
  - Result: preliminary results
  source text: Nephros Announces Preliminary Results for First Quarter 2023 Net Revenue of $3.7 Million, a 69% Year-Over-Year Increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1196298/000149315223010797/0001493152-23-010797-index.htm

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