$NEPH
NEPHROS INC
CIK:0001196298|SEC Filings
Condensed Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|||
| Net revenue: | ||||||
| Total net revenues | $ 6,017,000 | $ 4,419,000 | $ 11,229,000 | $ 9,296,000 | ||
| Cost of goods sold | [1] | 1,991,000 | 1,624,000 | 4,210,000 | 3,347,000 | |
| Gross margin | 4,026,000 | 2,795,000 | 7,019,000 | 5,949,000 | ||
| Operating expenses: | ||||||
| Selling, general and administrative | 2,418,000 | 2,201,000 | 4,939,000 | 4,455,000 | ||
| Research and development | 366,000 | 311,000 | 712,000 | 606,000 | ||
| Depreciation and amortization | 29,000 | 35,000 | 58,000 | 74,000 | ||
| Total operating expenses | 2,813,000 | 2,547,000 | 5,709,000 | 5,135,000 | ||
| Operating income | 1,213,000 | 248,000 | 1,310,000 | 814,000 | ||
| Other (expense) income: | ||||||
| Interest expense | (1,000) | (1,000) | (1,000) | (1,000) | ||
| Interest income | 30,000 | 31,000 | 62,000 | 44,000 | ||
| Other income (expense), net | (32,000) | (32,000) | (21,000) | (53,000) | ||
| Total other income (expense): | (3,000) | (2,000) | 40,000 | (10,000) | ||
| Income before income taxes | 1,210,000 | 246,000 | 1,350,000 | 804,000 | ||
| Income tax expense | (13,000) | (9,000) | (13,000) | (9,000) | ||
| Net income | $ 1,197,000 | $ 237,000 | $ 1,337,000 | $ 795,000 | ||
| Net income per common share, basic | $ 0.11 | $ 0.02 | $ 0.12 | $ 0.07 | ||
| Net income per common share, diluted | $ 0.11 | $ 0.02 | $ 0.12 | $ 0.07 | ||
| Weighted average common shares outstanding, basic | 10,856,541 | 10,600,409 | 10,754,248 | 10,600,379 | ||
| Weighted average common shares outstanding, diluted | 11,112,671 | 10,813,028 | 11,046,023 | 10,691,881 | ||
| Product [Member] | ||||||
| Net revenue: | ||||||
| Total net revenues | $ 5,701,000 | $ 4,311,000 | $ 10,741,000 | $ 9,017,000 | ||
| Service Royalty and Other Revenues [Member] | ||||||
| Net revenue: | ||||||
| Total net revenues | $ 316,000 | $ 108,000 | $ 488,000 | $ 279,000 | ||
| ||||||