---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039993"
form_type: "8-K"
ticker: "PRPH"
cik: "0000868278"
company_name: "ProPhase Labs, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:17:54.575291+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ProPhase Labs Q3 net loss $5.1M; revenue down 65% to $8.4M; plans big capacity expansion

## Summary
- Q3 net loss $5.1M (-$0.30/sh) vs net income $1.0M ($0.06/sh) a year ago.
- Revenue fell to $8.4M from $24.2M; gross margin dropped to 27.8% from 49.5%.
- Adjusted EBITDA loss of $2.5M vs income of $6.3M in Q3 2022.
- Cash & equivalents $3.3M (Dec 31, 2022: $17.4M); working capital $33.4M.
- Pharmaloz capacity targets: $10M→$15M by year-end, over $75M in 2024.

## SEC filing metadata
- accession: 0001493152-23-039993
- form_type: 8-K
- ticker: PRPH
- cik: 0000868278
- company_name: ProPhase Labs, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/868278/000149315223039993/0001493152-23-039993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/868278/000149315223039993/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039993
- JSON: https://secwatch.observer/filing/0001493152-23-039993.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039993.txt

## Key facts
- Earnings Releases
  ProPhase Labs, Inc. reported financial results for the three and nine months ended September 30, 2023.
  - Period: the three and nine months ended September 30, 2023
  - Result: reported results
  source text: ProPhase Labs, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/868278/000149315223039993/0001493152-23-039993-index.htm

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