Nephros Q2 net rev $4.4M (+36% YoY); net income $237k vs loss $289k; 3rd consecutive profitable quarter

NEPHROS INC

2025-Q2 EPS reported $0.07 revenue$9,296,000

Net revenue $4.4M, up 36% YoY from $3.3M; net income $237k vs net loss $289k.
Adjusted EBITDA $355k vs $(133k); gross margin improved to 63% from 59%.
Six-month net income $795k vs loss $458k; revenue $9.3M (+37% YoY).
Programmatic sales all-time high; largest dialysis filtration PO in company history.
Cash $5.1M, debt-free; active-site counts at all-time highs.

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