---
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"
generated_at: "2026-06-02T04:58:11.228680+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nephros Q1 revenue down 5% to $3.5M; net loss narrows to $0.2M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- 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/1196298/000149315224018435/0001493152-24-018435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1196298/000149315224018435/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018435
- JSON: https://secwatch.observer/filing/0001493152-24-018435.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018435.txt

## Key facts
- Earnings Releases
  NEPHROS INC reported first quarter ended March 31, 2024 results: revenue $3.5 million, net income Net loss of $0.2 million.
  - Period: first quarter ended March 31, 2024
  - Revenue: $3.5 million
  - Net income: Net loss of $0.2 million
  - Result: reported results
  source text: Nephros Announces Financial Results for Quarter Ended March 31, 2024 First-Quarter Net Revenue of $3.5 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1196298/000149315224018435/0001493152-24-018435-index.htm

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