Nephros, Inc. (NEPH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 11.5M | 11.22M | 10.71M | 9.58M | 8.99M | 8.3M | 7.36M | 7.93M | 8.13M | 8.4M | 8.51M | 7.91M | 8.32M | 8.26M | 9.12M | 11.12M | 11.66M | 13.63M | 13.62M | 14.84M |
| Cash & Short-Term Investments | 4.02M | 5.4M | 5.17M | 5.07M | 4.08M | 3.76M | 2.46M | 3.08M | 3.63M | 4.31M | 4.62M | 4.06M | 3.84M | 3.63M | 3.94M | 4.18M | 5.42M | 6.97M | 7.35M | 8.28M |
| Cash Only | 4.02M | 5.4M | 5.17M | 5.07M | 4.08M | 3.76M | 2.46M | 3.08M | 3.63M | 4.31M | 4.62M | 4.06M | 3.84M | 3.63M | 3.94M | 4.18M | 5.42M | 6.97M | 7.35M | 8.28M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 3.52M | 2.41M | 2.66M | 2.04M | 2.68M | 1.78M | 1.69M | 1.88M | 1.52M | 1.5M | 1.44M | 1.58M | 1.96M | 1.29M | 1.37M | 2.13M | 1.29M | 1.64M | 1.55M | 1.38M |
| Days Sales Outstanding | 51.24 | 49.37 | 45.39 | 48.57 | 41.13 | 41.27 | 46.67 | 47.51 | 38.94 | 41.55 | 37.11 | 45.42 | 39.55 | 47.83 | 66.87 | 54.62 | 61.15 | 53.17 | 52.41 | 62.25 |
| Inventory | 3.62M | 3.23M | 2.74M | 2.24M | 1.95M | 2.62M | 3.1M | 2.8M | 2.78M | 2.47M | 2.27M | 2.13M | 2.35M | 3.15M | 3.49M | 4.66M | 4.68M | 4.46M | 4.65M | 5.09M |
| Days Inventory Outstanding | 137.14 | 130.28 | 123.77 | 117.42 | 119.33 | 188.42 | 198.31 | 189.54 | 178.9 | 176.76 | 130.57 | 132.96 | 156.08 | 291.22 | 227.68 | 292.17 | 371.92 | 323.38 | 367.7 | 448.39 |
| Other Current Assets | 338K | 177K | 136K | 227K | 280K | 142K | 109K | 165K | 200K | 132K | 173K | 152K | 0 | 0 | 130K | 0 | 0 | 351K | 0 | 0 |
| Total Non-Current Assets | 2.3M | 2.42M | 2.54M | 2.67M | 2.79M | 2.91M | 3.03M | 3.17M | 3.29M | 3.46M | 2.41M | 2.47M | 2.6M | 2.74M | 2.22M | 3.83M | 3.87M | 4.02M | 4.2M | 3.15M |
| Property, Plant & Equipment | 1.02M | 1.13M | 1.23M | 1.33M | 1.43M | 1.54M | 1.63M | 1.74M | 1.82M | 1.96M | 838K | 922K | 1M | 1.1M | 532K | 1.08M | 1.03M | 686K | 1.2M | 1.2M |
| Fixed Asset Turnover | 4.85x | 4.01x | 3.72x | 3.20x | 3.28x | 2.44x | 2.09x | 1.83x | 1.86x | 2.33x | 4.25x | 3.68x | 3.51x | 3.13x | 3.00x | 2.71x | 2.52x | 2.94x | 2.15x | 1.82x |
| Goodwill | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K | 759K |
| Intangible Assets | 310K | 318K | 326K | 334K | 544K | 565K | 587K | 608K | 630K | 652K | 693K | 737K | 780K | 825K | 868K | 1.93M | 2M | 1M | 2.14M | 1.09M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 206K | 214K | 225K | 239K | 50K | 50K | 50K | 70K | 75K | 86K | 123K | 54K | 60K | 54K | 58K | 67K | 84K | 1.57M | 102K | 104K |
| Total Assets | 13.79M | 13.64M | 13.25M | 12.24M | 11.78M | 11.21M | 10.39M | 11.1M | 11.42M | 11.86M | 10.92M | 10.39M | 10.93M | 11M | 11.34M | 14.95M | 15.53M | 17.65M | 17.82M | 17.99M |
| Asset Turnover | 0.38x | 0.35x | 0.37x | 0.37x | 0.42x | 0.36x | 0.33x | 0.29x | 0.30x | 0.29x | 0.35x | 0.33x | 0.34x | 0.23x | 0.18x | 0.19x | 0.13x | 0.16x | 0.14x | 0.13x |
| Asset Growth % | 17.12% | 21.69% | 27.55% | 10.3% | 3.17% | -5.49% | -4.88% | 6.87% | 4.48% | 7.84% | -3.67% | -30.54% | -29.63% | -37.68% | -36.39% | -16.89% | -13.43% | -4.65% | 16.91% | 8.06% |
| Total Current Liabilities | 2.53M | 2.77M | 2.47M | 1.77M | 1.52M | 1.56M | 1.06M | 1.95M | 1.93M | 2.11M | 1.83M | 1.2M | 1.42M | 1.41M | 1.55M | 2.11M | 1.75M | 2.39M | 1.82M | 2.17M |
| Accounts Payable | 1.46M | 914K | 936K | 632K | 557K | 649K | 398K | 1.16M | 1.11M | 873K | 805K | 302K | 719K | 740K | 779K | 1.41M | 897K | 1.33M | 641K | 1.1M |
| Days Payables Outstanding | 47.58 | 40.37 | 39.01 | 33.31 | 31.5 | 34.52 | 52.32 | 77.18 | 67.72 | 62.6 | 32.9 | 30.34 | 41.4 | 66.61 | 61.17 | 72.17 | 90.77 | 70.1 | 65.75 | 73.23 |
| Short-Term Debt | 402K | 391K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71K | 141K | 210K | 253K | 248K | 243K | 238K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 662K | 1.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130K | 0 | 0 | 51K | 0 | 0 |
| Current Ratio | 4.55x | 4.06x | 4.34x | 5.41x | 5.92x | 5.31x | 6.95x | 4.06x | 4.21x | 3.98x | 4.65x | 6.61x | 5.88x | 5.85x | 5.88x | 5.27x | 6.67x | 5.70x | 7.47x | 6.84x |
| Quick Ratio | 3.12x | 2.89x | 3.23x | 4.14x | 4.64x | 3.64x | 4.02x | 2.62x | 2.77x | 2.81x | 3.41x | 4.84x | 4.22x | 3.62x | 3.63x | 3.06x | 3.99x | 3.84x | 4.92x | 4.49x |
| Cash Conversion Cycle | 140.8 | 139.27 | 130.15 | 132.68 | 128.97 | 195.16 | 192.66 | 159.87 | 150.11 | 155.71 | 134.79 | 148.04 | 154.23 | 272.44 | 233.39 | 274.61 | 342.3 | 306.45 | 354.35 | 437.4 |
| Total Non-Current Liabilities | 566K | 672K | 774K | 872K | 969K | 1.06M | 1.15M | 1.22M | 1.31M | 1.39M | 469K | 534K | 618K | 706K | 203K | 361K | 378K | 511K | 667K | 830K |
| Long-Term Debt | 566K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 2K | 3K | 27K | 99K | 169K | 237K |
| Capital Lease Obligations | 0 | 672K | 774K | 872K | 969K | 1.06M | 1.15M | 1.22M | 1.31M | 1.39M | 469K | 534K | 618K | 705K | 201K | 358K | 351K | 340K | 498K | 593K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72K | 0 | 0 |
| Total Liabilities | 3.09M | 3.44M | 3.24M | 2.64M | 2.49M | 2.63M | 2.21M | 3.17M | 3.24M | 3.5M | 2.3M | 1.73M | 2.03M | 2.12M | 1.75M | 2.47M | 2.13M | 2.9M | 2.49M | 3M |
| Total Debt | 968K | 1.06M | 1.15M | 1.24M | 1.33M | 1.41M | 1.49M | 1.58M | 1.71M | 1.84M | 780K | 857K | 931K | 1.09M | 573K | 876K | 966K | 1M | 1.28M | 1.42M |
| Net Debt | -3.05M | -4.34M | -4.02M | -3.83M | -2.75M | -2.35M | -965K | -1.5M | -1.92M | -2.47M | -3.84M | -3.2M | -2.9M | -2.54M | -3.37M | -3.3M | -4.46M | -5.97M | -6.07M | -6.85M |
| Debt / Equity | 0.09x | 0.10x | 0.12x | 0.13x | 0.14x | 0.16x | 0.18x | 0.20x | 0.21x | 0.22x | 0.09x | 0.10x | 0.10x | 0.12x | 0.06x | 0.07x | 0.07x | 0.07x | 0.08x | 0.09x |
| Debt / EBITDA | 7.68x | 21.69x | 3.32x | 4.39x | 2.19x | 4.00x | 6.22x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -24.21x | -88.51x | -11.54x | -13.54x | -4.54x | -6.65x | -4.02x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | 247.00x | - | - | - | - | -168.00x | -653.00x | - | - | -305.00x | -238.67x | -311.50x | -123.50x | -222.00x | -147.86x | -79.20x | -101.36x |
| Total Equity | 10.7M | 10.2M | 10.01M | 9.6M | 9.29M | 8.59M | 8.17M | 7.93M | 8.18M | 8.36M | 8.62M | 8.65M | 8.89M | 8.88M | 9.58M | 12.48M | 13.4M | 14.75M | 15.33M | 14.99M |
| Equity Growth % | 15.18% | 18.84% | 22.41% | 21.11% | 13.58% | 2.72% | -5.2% | -8.42% | -8.03% | -5.89% | -10.01% | -30.65% | -33.64% | -39.79% | -37.5% | -16.74% | -13.74% | -5.29% | 34% | 22.12% |
| Book Value per Share | 0.97 | 0.93 | 0.91 | 0.89 | 0.88 | 0.81 | 0.77 | 0.75 | 0.78 | 0.79 | 0.82 | 0.84 | 0.86 | 0.86 | 0.93 | 1.21 | 1.31 | 1.47 | 1.53 | 1.51 |
| Total Shareholders' Equity | 10.7M | 10.2M | 10.01M | 9.6M | 9.29M | 8.59M | 8.17M | 7.93M | 8.18M | 8.36M | 8.62M | 8.65M | 8.89M | 5.59M | 6.3M | 9.22M | 10.16M | 11.7M | 12.28M | 11.94M |
| Common Stock | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 11K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 10K |
| Retained Earnings | -143M | -143.14M | -143.2M | -143.54M | -143.77M | -144.33M | -144.68M | -144.86M | -144.57M | -144.41M | -143.75M | -143.57M | -143.14M | -142.83M | -141.98M | -138.83M | -137.69M | -135.72M | -134.68M | -133.52M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61K | 64K | 66K | 70K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.29M | 3.28M | 3.26M | 3.24M | 3.05M | 3.05M | 3.05M |