---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-027357"
form_type: "8-K"
ticker: "NEPH"
cik: "0001196298"
company_name: "NEPHROS INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:31:07.880172+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nephros Q2 2023 revenue $3.5M (+24% YoY); net loss narrows to $0.4M

## Summary
- Net revenue $3.5M, up 24% from $2.9M in Q2 2022.
- Net loss from continuing ops narrowed to $0.4M from $0.7M; adjusted EBITDA loss $0.2M vs $0.4M.
- Gross margins improved to 59% from 49%; active customer sites up 6% to 1,427.
- Cash and equivalents $4.1M as of June 30, 2023; maintained positive cash flow.
- Cost of goods sold flat at $1.5M; SG&A increased to $2.2M from $1.9M.

## SEC filing metadata
- accession: 0001493152-23-027357
- form_type: 8-K
- ticker: NEPH
- cik: 0001196298
- company_name: NEPHROS INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1196298/000149315223027357/0001493152-23-027357-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1196298/000149315223027357/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-027357
- JSON: https://secwatch.observer/filing/0001493152-23-027357.json
- Plain text: https://secwatch.observer/filing/0001493152-23-027357.txt

## Key facts
- Earnings Releases
  NEPHROS INC reported the second quarter ended June 30, 2023 results: revenue $3.5 million, net income $0.4 million.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $3.5 million
  - Net income: $0.4 million
  - Result: reported results
  source text: Exhibit 99.1 Nephros, Inc. 380 Lackawanna Place South 201 343 5202 nephros.com Nephros Announces Results for Quarter Ended June 30, 2023 Second-Quarter Net Revenue of $3.5 Million, a 24% Increase Over 2022; Year-to-Date Revenue Increases 45%; Maintains Positive Cash Flow Results SOUTH ORANGE, NJ, August 9, 2023 – Nephros, Inc. (Nasdaq: NEPH), a leading
  evidence_url: https://www.sec.gov/Archives/edgar/data/1196298/000149315223027357/0001493152-23-027357-index.htm

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