NEPHROS INC (NEPH) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: March 12, 2026

Risk Assessment Details

Potential Dilution: 211.61% of current shares
Recent Dilution: 0.99% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
11M
Potential Supply
22M
Additional shares possible
Splits
None
Past 2 years

Summary

NEPH currently has 10.6M outstanding shares. with significant dilution risk as 22.5M authorized shares could dilute existing holders by 211.6%. The company has minimally diluted shareholders by 0.99% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 12, 2026

10-K filing | 10.6M shares outstanding

11M 22M
Nov 06, 2025

10-Q filing | 10.6M shares outstanding

11M 22M
Aug 07, 2025

10-Q filing | 10.6M shares outstanding

11M 22M
May 15, 2025

10-Q filing | 10.6M shares outstanding

11M 22M
Mar 24, 2025

10-K filing | 10.6M shares outstanding

11M 22M
Nov 14, 2024

10-Q filing | 10.5M shares outstanding

11M 23M
Aug 08, 2024

10-Q filing | 10.5M shares outstanding

11M 23M
May 10, 2024

S-3 filing: NEPHROS, INC. is filing an S-3 to offer common stock, preferred stock, debt securities, and/or warrants up to $50,000,000.

11M 23M
May 09, 2024

10-Q filing | 10.5M shares outstanding

11M 0
Mar 15, 2024

10-K filing | 10.4M shares outstanding

10M 0
Nov 08, 2023

10-Q filing | 10.5M shares outstanding

10M 0
Aug 09, 2023

10-Q filing | 10.3M shares outstanding

10M 44K
May 10, 2023

10-Q filing | 10.3M shares outstanding

10M 44K
Mar 23, 2023

10-K filing | 10.3M shares outstanding

10M 44K
Nov 15, 2022

10-Q filing | 10.3M shares outstanding

10M 38K
Aug 15, 2022

10-Q filing | 10.3M shares outstanding

10M 42K
May 05, 2022

10-Q filing | 10.2M shares outstanding

10M 130K
Mar 03, 2022

10-K filing | 10.3M shares outstanding

10M 83K
Nov 04, 2021

10-Q filing | 10.2M shares outstanding

10M 110K
Sep 07, 2021

S-3 filing: The selling stockholder is offering 123,981 shares of common stock on a resale basis.

10M 120K
Aug 05, 2021

10-Q filing | 10.2M shares outstanding

10M 0
Jul 12, 2021

8-K filing: Nephros, Inc. acquired substantially all of the assets of GenArraytion, Inc. for $1.2 million, paid via 123,981 shares of Nephros common stock. ($1.2M proceeds)

9.9M 0
May 06, 2021

10-Q filing | 9.9M shares outstanding

9.9M 0
Mar 01, 2021

10-K filing | 9.9M shares outstanding

9.9M 0
Nov 05, 2020

10-Q filing | 9.0M shares outstanding

9M 0
Oct 16, 2020

8-K filing: Nephros, Inc. entered into a securities purchase agreement for the issuance and sale of 833,333 shares of its common stock at $6.00 per share in a registered direct offering, with expected net proceeds of approximately $5.0 million for working capital and general corporate purposes; the offering is scheduled to close on or about October 20, 2020. ($5.0M proceeds)

9M 0
Aug 05, 2020

10-Q filing | 9.0M shares outstanding

9M 0
May 06, 2020

10-Q filing | 9.0M shares outstanding

9M 0
Feb 27, 2020

10-K filing | 7.2M shares outstanding

7.2M 0
Jan 31, 2020

8-K filing: Nephros, Inc. entered into an underwriting agreement for the issuance and sale of 937,500 shares of common stock at $8.00 per share, with expected net proceeds of approximately $7,050,000. ($7.5M proceeds)

N/A 0
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