On this page of Benford's Law Stocks.com we present our study of NEPHROS INC — ticker symbol NEPH. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/15/2024 to 3/24/2025 for NEPHROS INC under CIK number 0001196298. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NEPH, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NEPHROS INC based on the past NEPH filings our system processed in the past.
38.9
11.7
10.5
9.5
7.9
3.0
7.1
8.5
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NEPH stockholder letter ]
Total numbers found: 506
Recent share count: 10,544,225 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
506
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
68

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was below the company's typical historical range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
NEPH
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
LIDR
MXL
PRTA
SAIA
MSTR
NARI
PCT
RXST
Check our work! We provide our NEPHROS INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NEPH filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 197 numbers that start with the digit 1. Here they are:
14,091,124
10,600,350
1,781
1,496
142
132
161
152
1,377
1,807
11,210
11,861
1,562
1,063
1,390
10,544,691
10,543,675
11
10
152,906
152,754
144,332
144,406
11,210
11,861
14,035
14,110
127
128
14,162
14,238
135
1,593
1
10
18
1,575
15
1,575
15
15
10,525,197
10,386,018
10,602,004
10,386,018
10,297,429
10
148,413
142,831
1,575
1,575
1,575
16,576
187,503
1,079
1,079
1,052
10,501,508
10
152,754
144,406
10,501,508
10
152,754
144,406
1,016
1
1
153
153
153
10,544,691
11
152,906
144,332
10,544,691
11
152,906
144,332
1,575
175
153
1,052
11
10
133
1
1,164
144.3
11
13
12
13
12
11,000
126,000
107,000
10,000
1,575
10,525,197
10,386,018
10,602,004
10,386,018
15
15
1,161,986
1,789,206
121
127
128
1,866
1,866
1,518
103
103
1,170
1,114
1,009
161
152
191
159
191
159
131,000
1.2
1,000
108
1,355
1,803
1,046
1,390
1,389
1,832
17
1,586
197
1,389
129
10
123
117
14
15
15
15
12.22
1,062.20
115.56
12
19.14
1,186.05
16.67
15,628
16,700
1,087
134
116
1
1
14
1,503,054
1,236,793
122,524
1
131,000
1,374,742
11,886
1,238,793
1,016
1,212,747
1.40
1.47
187,503
1.08
1
15,000
154,000
15,000
150,000
188,000
1.3
1.0
1.5
100
105,000
14,035
14,110
127
128
14,162
14,238
135
1,593
18
15
1,575
We found 59 numbers that start with the digit 2. Here they are:
2,615
2,470
216
271
2,113
2,625
214
2
27
262
295
285
221
220
226
2
2
22
25
23
2,515
2,261
2,144
2,615
2,470
2.3
2
2.1
2.0
2
2
22
22
251
26
22
209
22
21.00
21.00
2,090
2,072
20,504
21,634
20,031
21,076
20,031
21,076
2,000
2,615,875
2.12
206,510
2.13
2,000
299,670
2
27,000
24,000
214
We found 53 numbers that start with the digit 3. Here they are:
3,760
349
381
348
3,503
3,289
3,262
3,262
3,262
39
342
387
36
31
342
3,634
3,760
33
34
31
354
326
37
37
39,000
349
381
349
381
32,000
32
32
32
32
32
3
3
334
387
343
35
348
339
39,000
3.69
3.20
3.23
3.71
3.18
3.18
322,000
3.5
3
4's 5's 6's
We found 48 numbers that start with the digit 4. Here they are:
4,307
446
40,000,000
44
42,167
46
447
407
442
492
4,307
4,307
44,000
42,167
4,033
43
43
46,000
42,000
4,208,000
4,629,000
4,976,000
4
447
44
408
4
442
4
4
435
450
450
4
4.54
449
442
473
4.04
4.09
4,751
4,751
4.01
4.45
42,000
41,000
42,167
42,167
We found 40 numbers that start with the digit 5. Here they are:
50
565
5,000,000
5,439
5,833
5,592
5
56
506
5
55
50
5
5
547
500,000
5,000
540
540
540
540
5,349,000
5,750,000
54,000
5
562
562
5
5
5
537
53
565
55.78
558
5.9
58,000
5
5,439
5,833
We found 15 numbers that start with the digit 6. Here they are:
649
6
64
6
673
6
63.65
67.62
601
613
6,000
69.54
62,500
62.5
6
7's 8's 9's
We found 36 numbers that start with the digit 7. Here they are:
759
759
794
7,676
74
74
74
74
74
74
74
74
75
75
71
7
79
74
76,807
71,000
7
7
7
7
7
7
7
794
713
72.6
718,000
789,730
72.40
700,003
7,676
74
We found 43 numbers that start with the digit 8. Here they are:
8,298
8,405
86
873
8,585
8,358
8,723
8,405
873
8,911
8,717
83
89
8,881
8,358
8,358
8,358
8,358
8,585
8,585
8,585
8,585
827
8
899
843
88
88
8
8
8.0
8.0
8.0
8.0
857
8
87,198
8,723
8,405
873
8,911
8,717
83
We found 15 numbers that start with the digit 9. Here they are:
906
9,998
94
91
97
962
90,000
9
9
94
980
99
91,000
906
9,998
While the above NEPH 10K Filed 3/24/2025 is interesting in isolation, we have found that it is also useful to take a look at older NEPHROS INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 3/24/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NEPH 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

38.9
11.7
10.5
9.5
7.9
3.0
7.1
8.5
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 506

= Typical NEPH range from 3/15/2024 to 3/24/2025
35.9
17.8
17.8
7.6
2.9
2.5
4.1
8.3
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 315

= Typical NEPH range from 3/15/2024 to 3/24/2025
40.4
14.4
13.1
8.8
3.7
4.9
4.3
7.5
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 465

= Typical NEPH range from 3/15/2024 to 3/24/2025
33.6
12.9
12.9
11.2
7.1
5.4
7.3
5.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 560

= Typical NEPH range from 3/15/2024 to 3/24/2025
36.6
14.7
15.4
12.1
4.0
2.6
5.2
7.4
1.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 421

= Typical NEPH range from 3/15/2024 to 3/24/2025
 

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