{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018435","form_type":"8-K","ticker":"NEPH","cik":"0001196298","company_name":"NEPHROS INC","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.574620+00:00","generated_at":"2026-06-02T04:58:11.228680+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nephros Q1 revenue down 5% to $3.5M; net loss narrows to $0.2M","bullets":["Net revenue $3.5M, down 5% YoY, but programmatic (recurring non-ER) business grew 12% YoY.","Net loss improved to $0.2M from $0.3M loss in Q1 2023.","Gross margin expanded to 62% from 57%, driven by lower shipping costs and better supplier terms.","Adjusted EBITDA fell to ($95,000) from $147,000; cash decreased to $3.6M.","Launched online filter tracker; exploring nano/microplastic filtration capabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018435","json":"https://secwatch.observer/filing/0001493152-24-018435.json","markdown":"https://secwatch.observer/filing/0001493152-24-018435.md","text":"https://secwatch.observer/filing/0001493152-24-018435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1196298/000149315224018435/0001493152-24-018435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1196298/000149315224018435/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:58:11.228680+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c5673a49825238eeaaa3633d3fd37e72bf335ac5","claim":"NEPHROS INC reported first quarter ended March 31, 2024 results: revenue $3.5 million, net income Net loss of $0.2 million.","evidence_excerpt":"Nephros Announces Financial Results for Quarter Ended March 31, 2024 First-Quarter Net Revenue of $3.5 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1196298/000149315224018435/0001493152-24-018435-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$3.5 million"},{"label":"Net income","value":"Net loss of $0.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}