secwatch.observer — SEC 8-K summary
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Issuer:     NEPHROS INC (NEPH)
CIK:        0001196298
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001493152-23-010797
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1196298/000149315223010797/0001493152-23-010797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1196298/000149315223010797/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-010797

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