2026 Corporate Presentation Advanced Technology That Makes Water Better Robert Banks, President and CEO Nephros provides leading filtration solutions to a variety of industries including healthcare, hospitality, institutions, government, and manufacturing Nephros water filters support medical and commercial use, with options for contaminants like scale or sediment, and FDA-cleared Class II products for infection control and dialysis water or bicarbonate concentrate Safe Harbor Statement Certain statements i ...

Core Viewpoint - iSpring has launched its first outdoor portable filter straw, the iSpring IFS-B Personal Water Filter Straw, aimed at providing reliable hydration solutions for outdoor activities [1][9]. Product Features - The iSpring IFS-B weighs only 3.5 ounces, making it easy to carry in a backpack or emergency kit [3]. - The filter is designed for flexibility, allowing users to drink from various water sources, including flowing streams and shallow water [4]. - It incorporates an anti-clog design to maintain a steady flow during use, addressing common issues with outdoor filters [5]. Technological Advancements - The filter utilizes a dual-layer electro-positive membrane for advanced filtration, targeting micro-organisms, viruses, and heavy metals that traditional filters may miss [7]. - A solid CTO carbon block is included to reduce chlorine, odors, and other chemicals affecting water taste [7][8]. Strategic Implications - This product launch marks a significant expansion for iSpring from home water systems to outdoor hydration solutions, aligning with a broader vision of providing clean water access in various environments [9]. - The iSpring IFS-B aims to instill a sense of security in users, allowing them to access clean water wherever they go, not just at home [10].

Financial Data and Key Metrics Changes - In 2025, Nephros achieved a total revenue of $18.8 million, representing a 33% increase from $14.2 million in 2024 [9][10] - The net income for 2025 was approximately $1.2 million, compared to $0.1 million in 2024, marking the second consecutive year of profitability [13][14] - The gross margin for the fourth quarter of 2025 was 58%, down from 64% in the fourth quarter of 2024, primarily due to tariff impacts [11][12] Business Line Data and Key Metrics Changes - Active customer sites grew to over 1,680 by the end of 2025, up from just over 1,500 at the end of 2024 [10] - Programmatic sales accounted for over 90% of total revenues for both the fourth quarter and the full year [21][22] - Emergency response business showed high single-digit growth, contributing to overall revenue increases [21][24] Market Data and Key Metrics Changes - The company is expanding into non-patient care applications, targeting markets such as hospitality and commercial sectors [4][5] - Increased awareness of waterborne pathogens and rising regulatory expectations are driving demand for Nephros' solutions [9][10] Company Strategy and Development Direction - Nephros' strategy is built around three core pillars: products, services, and education, aimed at establishing the company as a leader in water safety solutions [5][8] - The company is focusing on expanding its market reach beyond traditional healthcare applications, leveraging education to inform potential customers about the importance of water safety [27][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning amid increasing regulatory expectations and the need for reliable filtration solutions [9][10] - The company anticipates that growth in non-healthcare markets will take time, similar to the growth experienced in the hospital market [31][32] Other Important Information - Nephros remains debt-free with approximately $5.4 million in cash at year-end [10][15] - The company has launched the Nephros Water Institute to enhance knowledge around waterborne pathogen mitigation and compliance-driven filtration solutions [8] Q&A Session Summary Question: What percentage of revenues for the fourth quarter and the full year were programmatic sales? - Programmatic sales accounted for over 90% of the business for both the fourth quarter and the full year [21][22] Question: Can you discuss the pipeline potential outside of medical in the commercial space? - Management highlighted the importance of education in penetrating new markets and overcoming barriers to adoption [26][27] Question: Can you elaborate on some of the successes in newer markets? - Successes have been noted in correctional facilities, schools, and aviation facilities, where large populations are at risk [37][40]

Financial Data and Key Metrics Changes - In 2025, Nephros achieved a total revenue of $18.8 million, reflecting a 33% increase from $14.2 million in 2024 [9][10] - The net income for 2025 was approximately $1.2 million, marking the second consecutive year of profitability, compared to $0.1 million in 2024 [13] - The gross margin for the full year remained stable at 62%, while the fourth quarter gross margin was 58%, down from 64% in Q4 2024, primarily due to tariff impacts [11][12] Business Line Data and Key Metrics Changes - Active customer sites grew to over 1,680 by the end of 2025, up from just over 1,500 at the end of 2024, indicating strong customer retention and outreach efforts [10][20] - Programmatic sales accounted for over 90% of total revenues in both the fourth quarter and the full year, with emergency response contributing to growth in the high single digits [22][25] Market Data and Key Metrics Changes - The company is expanding its market reach beyond healthcare into commercial sectors such as hospitality and food services, driven by increased awareness of waterborne pathogens and regulatory expectations [9][28] - Nephros is focusing on non-patient care applications, including correctional facilities, schools, and aviation facilities, where water safety is critical [41][42] Company Strategy and Development Direction - Nephros' strategy is built around three core pillars: products, services, and education, aimed at establishing the company as a leader in water safety solutions [5][8] - The company is developing channels to penetrate new markets through key relationships and educational initiatives, addressing the need for reliable filtration solutions [4][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning at the intersection of several trends, including increased regulatory expectations and aging infrastructure [9][10] - The focus on education is seen as crucial for overcoming barriers to market entry in non-healthcare sectors, with a multi-year strategy to build these verticals [30][31] Other Important Information - Nephros remains debt-free with approximately $5.4 million in cash at year-end 2025, reflecting financial discipline [10][15] - The company has launched the Nephros Water Institute to enhance knowledge around waterborne pathogen mitigation and compliance-driven filtration solutions [8] Q&A Session Summary Question: What percentage of revenues for the fourth quarter and the full year were programmatic sales? - Programmatic sales accounted for over 90% of the business in the fourth quarter and for the full year, with emergency response contributing in the high single digits [22][25] Question: Can you discuss the pipeline potential outside of medical in the commercial space? - The company is focusing on educating different markets about the importance of water safety, which is expected to drive growth in non-medical applications [27][28] Question: Can you elaborate on some of the successes in newer markets? - Successes have been noted in correctional facilities, schools, and aviation facilities, where large populations are at risk of waterborne pathogens [41][42]

Financial Data and Key Metrics Changes - In 2025, Nephros reported total revenue of $18.8 million, a 33% increase from $14.2 million in 2024, driven by higher programmatic revenue and growth in active customer sites [9][10] - The net income for 2025 was approximately $1.2 million, compared to $0.1 million in 2024, marking the second consecutive year of profitability [13][14] - Gross margin for the fourth quarter of 2025 was 58%, down from 64% in the fourth quarter of 2024, primarily due to tariff impacts [11] Business Line Data and Key Metrics Changes - Active customer sites grew to over 1,680 by the end of 2025, up from just over 1,500 at the end of 2024, reflecting strong customer retention and outreach efforts [10][20] - Programmatic sales accounted for over 90% of total revenues in both the fourth quarter and the full year of 2025 [23][26] Market Data and Key Metrics Changes - The company is expanding into non-patient care applications, targeting markets such as hospitality, food services, and residential sectors, which are increasingly recognizing the importance of water safety [4][5] - The education initiative has reached over 1,000 participants through webinars and training sessions, establishing Nephros as a trusted authority in water safety [8][42] Company Strategy and Development Direction - Nephros' strategy is anchored around three core pillars: products, services, and education, which are driving growth and positioning the company as a leader in water safety solutions [5][9] - The company aims to penetrate new markets through key relationships and a focus on education to raise awareness about waterborne pathogen risks [4][29] Management's Comments on Operating Environment and Future Outlook - Management highlighted the increasing awareness of waterborne pathogens and rising regulatory expectations as key trends that position Nephros for growth [9][10] - The company anticipates that building markets outside of healthcare will take time, similar to the growth experienced in the hospital sector [32][29] Other Important Information - Nephros remains debt-free with approximately $5.4 million in cash at year-end 2025, reflecting financial discipline [9][16] - The company has faced tariff impacts, with a 15% tariff on goods imported from Italy, which was reduced to 10% in early 2026, creating uncertainty around future margins [11][12] Q&A Session Summary Question: What percentage of revenues for the fourth quarter and the full year were programmatic sales? - Programmatic sales accounted for over 90% of total revenues in both the fourth quarter and the full year of 2025 [23][26] Question: Can you discuss the pipeline potential outside of medical in the commercial space? - The company is focusing on educating different markets about the importance of water safety, which is crucial for growth in non-medical applications [28][29] Question: Can you elaborate on some successes in newer markets? - Nephros has seen successes in correctional facilities, schools, and aviation facilities, where there is a need for effective water filtration solutions [39][41]

Core Insights - Nephros, Inc. has launched the Nephros Water Institute to enhance its leadership in industry education and drive long-term growth in water quality solutions [1][3] Group 1: Educational Initiatives - In 2025, Nephros expanded its national education efforts, reaching nearly 1,000 professionals through public webinars, national speaking engagements, and tailored trainings [2] - The educational programming focused on critical areas such as ASHRAE 514 compliance, AAMI ST108 sterility standards, and emergency preparedness for compromised water events [2] - The establishment of the Nephros Water Institute aims to provide structured, evidence-based education to stakeholders responsible for water safety and regulatory readiness [3] Group 2: Leadership Statements - Brianne McGuire emphasized the need for practical education to address the fundamental gap in understanding water safety risks [3] - Robert Banks stated that the Nephros Water Institute will provide leaders with accurate information to make safer decisions regarding water systems, highlighting education as a key component of the company's commitment to water safety [4] Group 3: Future Plans - Nephros plans to expand its educational offerings in 2026 with a full calendar of monthly webinars and product spotlights [4]

Core Insights - Aqua Earth LLC celebrates eight years in the consumer market, focusing on providing reliable and cost-effective shower filtration solutions [1][13] - The company's flagship product is a high-output shower filter designed to reduce chlorine, heavy metals, and other impurities while maintaining strong water pressure [1][3] Product Features - The Aqua Earth shower filter employs a multi-stage filtration system that includes KDF-55, activated carbon, calcium sulfite, and vitamin C to treat both hot and cold water [4][11] - This design aims to reduce free chlorine, improve odor and water feel, and address impurities associated with municipal water supplies [4][11] Product Development - Over eight years, Aqua Earth has refined its shower filter based on customer feedback and performance testing, focusing on incremental improvements rather than launching entirely new product lines [7] - Enhancements include better filtration media quality, improved water flow consistency, longer cartridge life, and increased durability of the outer housing [7] Customer Benefits - Customers report perceived improvements in hair softness, reduced dryness, and greater comfort for sensitive skin after using the Aqua Earth shower filter [8] - The product is positioned as an affordable option that balances performance with cost, appealing to families and households [9] Market Positioning - Aqua Earth aims to provide accessible filtration solutions for everyday households, pricing its products to remain affordable while incorporating high-quality filtration materials [9] - The company also invests in educational resources to help consumers understand shower filters and make informed decisions [9]

Core Insights - Aquasana is committed to enhancing contaminant reduction in drinking water, particularly against PFAS and microplastics, in response to growing health concerns [1][2] - The new Claryum® under sink systems achieve up to 99.99% reduction of 78 contaminants, including lead and PFAS, and meet stricter NSF certification standards [1][3] Product Features - The Claryum® technology employs four advanced filtration methods: activated carbon, catalytic carbon, ion-exchange, and sub-micron filtration, while preserving beneficial minerals [3] - The new under sink filters offer aesthetic options with premium metal faucets in various finishes and a no-faucet option for customization [2] Market Availability - The enhanced Claryum® under sink filters are available nationwide, starting at $99.99 for the no-faucet option and $124.99 for systems with dedicated faucets [4] Company Overview - Aquasana, a subsidiary of A. O. Smith Corporation, focuses on providing high-quality water filtration systems to improve health and wellness at home [5]

Core Insights - Nephros, Inc. has launched a new filter aimed at reducing Total PFAS in drinking water, addressing increasing regulatory and public health concerns regarding these contaminants [1][3]. Company Overview - Nephros is a leading provider of filtration solutions for medical and commercial markets, utilizing advanced hollow-fiber technology to ensure high water quality [5]. Product Features - The Nephros 19-Series PFAS Filter is designed to reduce a broader spectrum of contaminants compared to traditional filters, which typically only target PFOA and PFOS [3]. - The filter has been independently tested to meet NSF Standards 42 and 53, validating its effectiveness in reducing Total PFAS, including PFOA and PFOS, as well as other hazardous contaminants like lead and asbestos [6]. - It has a capacity of 3,145 gallons and a flow rate of 1.63 gallons per minute, providing long-term protection against health-threatening waterborne contaminants [6]. Target Markets - The 19-Series PFAS Filter is particularly suited for industries where water safety is critical, such as healthcare, education, foodservice, and manufacturing [4].

Core Insights - The article highlights the successful launch of the APEC Smart Water Leak Detector by Foxx Development Holdings Inc. in collaboration with APEC Water Systems, showcasing the integration of IoT technology into home water protection solutions [1][5]. Company Overview - Foxx Development Holdings Inc. is a leading provider of consumer electronics and integrated IoT solutions, focusing on both retail and institutional clients [7]. - APEC Water Systems is a prominent U.S. manufacturer specializing in high-performance reverse osmosis water filtration systems, now expanding into advanced leak detection technology [9][10]. Strategic Collaboration - The partnership between Foxx Development and APEC leverages Foxx's IoT expertise in connectivity, mobile app development, and sensor integration to create innovative products for consumers [2][3]. - APEC's extensive experience in water filtration and established relationships with reputable institutions enhance the collaboration's credibility and effectiveness [4]. Product Development and Market Expansion - The APEC Smart Water Leak Detector represents Foxx Development's strategic move into new market categories, particularly home protection, by integrating smart technology into previously non-smart products [5]. - The collaboration model allows both companies to focus on their strengths, expediting product development and enhancing market innovation [6]. Market Availability - The APEC Smart Water Leak Detector is available for purchase through various channels, including direct sales on the APEC website and Amazon Marketplace [8].