{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-009390","form_type":"8-K","ticker":"NEPH","cik":"0001196298","company_name":"NEPHROS INC","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.108049+00:00","generated_at":"2026-05-25T04:58:45.689609+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nephros reports first annual net income; Q4 revenue up 19% YoY to $3.9M","bullets":["Net income of $74K for FY2024 vs net loss of $1.6M in 2023; first annual profit in company history.","Q4 net revenue $3.9M (+19% YoY); full-year revenue flat at $14.2M with core programmatic up 9% offset by emergency decline.","Gross margin improved to 62% for year (vs 59%) due to better supplier terms; SG&A down 14%.","Added nearly 600 new customer sites (~$2M sales); launched 20\" HydraGuard Ultrafilter for sterile processing market."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-009390","json":"https://secwatch.observer/filing/0001493152-25-009390.json","markdown":"https://secwatch.observer/filing/0001493152-25-009390.md","text":"https://secwatch.observer/filing/0001493152-25-009390.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1196298/000149315225009390/0001493152-25-009390-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1196298/000149315225009390/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T04:58:45.689609+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}