---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-009216"
form_type: "8-K"
ticker: "NEPH"
cik: "0001196298"
company_name: "NEPHROS INC"
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:09:47.654643+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nephros FY2023 revenue up 43% to $14.2M; net loss narrows to $1.6M from $4.3M

## Summary
- Full-year net revenue from continuing ops $14.2M, up 43% YoY; Q4 revenue $3.3M, up 27%.
- Net loss from continuing ops improved 63% to ($1.6M) for FY2023 vs ($4.3M) in 2022.
- Adjusted EBITDA loss from continuing ops narrowed to ($0.1M) for FY2023, an improvement of 97%.
- Cash and cash equivalents $4.3M at Dec 31, 2023; company remains debt-free.
- CEO cites regulatory tailwinds from new water safety standards like ASHRAE 514 driving growth.

## SEC filing metadata
- accession: 0001493152-24-009216
- form_type: 8-K
- ticker: NEPH
- cik: 0001196298
- company_name: NEPHROS INC
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1196298/000149315224009216/0001493152-24-009216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1196298/000149315224009216/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-009216
- JSON: https://secwatch.observer/filing/0001493152-24-009216.json
- Plain text: https://secwatch.observer/filing/0001493152-24-009216.txt

## Key facts
- Earnings Releases
  NEPHROS INC reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue Net revenue from continuing operations was $14.2 million, net income Net loss from continuing operations was ($1.6 million).
  - Period: the fourth quarter and fiscal year ended December 31, 2023
  - Revenue: Net revenue from continuing operations was $14.2 million
  - Net income: Net loss from continuing operations was ($1.6 million)
  - Result: reported results
  source text: Nephros Announces Fourth Quarter and Fiscal Year 2023 Financial Results Full-Year Net Revenue of $14.2 Million and Fourth-Quarter Net Revenue of $3.3 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1196298/000149315224009216/0001493152-24-009216-index.htm

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