Paltalk Stock Price, News & Analysis

Paltalk, Inc. (Nasdaq: PALT) is described in its public disclosures as a communications software innovator that powers multimedia social applications. According to multiple company press releases, its product portfolio includes the Paltalk and Camfrog applications, which together host a large collection of video-based communities, as well as other products such as ManyCam, Tinychat and Vumber. The company reports an over 20-year history of technology innovation and holds a portfolio of U.S. patents.

Paltalk is classified in the Information sector and the Software Publishers industry. Its common stock trades on the Nasdaq Capital Market under the symbol PALT. Press releases identify the company’s base of operations in Jericho, New York. Over time, Paltalk has focused on building and operating multimedia social applications and related software, and on defending and monetizing its intellectual property.

Business model and revenue sources

In its financial updates, Paltalk explains that it generates revenue primarily from subscription revenue and advertising revenue associated with its applications. The company also discusses virtual gift revenue within its platforms and notes that subscription revenue has historically represented the majority of total revenue, with advertising revenue contributing a smaller portion. In recent periods, Paltalk has also highlighted its ManyCam software, including efforts to expand ManyCam to enterprise use cases and to improve user experience and features for both consumer and enterprise applications.

Paltalk’s disclosures show that it evaluates its performance using metrics such as subscription revenue, advertising revenue, virtual gift revenue, loss from operations, net income or loss, cash used in or provided by operating activities, and Adjusted EBITDA, a non-GAAP financial measure. The company has also emphasized operating efficiencies, including optimizing marketing spend and evaluating ways to optimize and reduce infrastructure-related expenses.

Products and applications

Across its press releases, Paltalk lists several key products: the Paltalk and Camfrog applications, which host video-based communities; ManyCam; Tinychat; and Vumber. The company has described initiatives such as integrating ManyCam into Paltalk through upselling efforts, implementing enhancements to live video chat applications, and integrating card and board games and other features focused on user retention and monetization. Paltalk has also referenced working with partners such as Cleverbridge to serve international markets and optimize geographic reach with global payment processing capabilities.

In more recent communications, Paltalk has outlined plans that involve a significant change in its product mix. The company entered into an Agreement and Plan of Merger to acquire Newtek Technology Solutions, Inc. (NTS), a provider of dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and related technology solutions services for enterprise, commercial and small-and-medium-sized business clients across the U.S. As a condition to closing this acquisition, Paltalk must complete a divestiture of its Paltalk, Camfrog, Tinychat and Vumber applications and related assets and liabilities, while retaining patents, patent applications and related rights.

Strategic transactions and corporate evolution

Paltalk’s recent disclosures describe a “transformational” shift in business strategy. The company has agreed to acquire NTS from NewtekOne, Inc., with consideration that includes cash and shares of a newly created series of preferred stock. Paltalk states that it expects the acquisition, once completed, to have an immediate and meaningful impact on its revenue because NTS’s revenue in a prior year was significantly larger than Paltalk’s revenue in that year. The company also indicates that it expects to focus on growing a cybersecurity, cloud hosting and technology solutions business following the transaction.

In connection with the NTS acquisition, Paltalk has also entered into an Asset Purchase Agreement to sell its telecommunications services provider Vumber and its Paltalk and Camfrog applications, along with related assets, to Meteor Mobile Holdings, Inc., subject to specified exclusions. Paltalk notes that it will retain all patents and patent applications and any rights or causes of action related to such patents and patent applications, including patent litigation against Cisco, and that it may receive earn-out payments based on future revenue attributable to the divested assets.

Company communications further state that, following the closing of the NTS acquisition, Paltalk plans to change its corporate name to Intelligent Protection Management Corp. and to change its Nasdaq ticker symbol so that its common stock would cease trading under the symbol PALT and would instead trade under the symbol IPM. An 8-K filed on August 12, 2025 refers to Intelligent Protection Management Corp. as the registrant, indicating that this name change has taken effect by that time. The filing also confirms that the company continues to report financial results and furnish press releases as exhibits.

Intellectual property and patent litigation

Paltalk emphasizes its intellectual property as a core asset. The company reports holding multiple issued U.S. patents, with several press releases stating that it holds 8 patents and one earlier release referencing 10 patents. Paltalk has been actively involved in patent litigation, particularly a patent infringement lawsuit filed by its wholly owned subsidiary, Paltalk Holdings, Inc., against WebEx Communications, Inc., Cisco WebEx LLC and Cisco Systems, Inc. in the U.S. District Court for the Western District of Texas. The lawsuit alleges infringement of U.S. Patent No. 6,683,858.

In August 2024, Paltalk announced that a jury awarded the company $65.7 million in a verdict against Cisco for infringing this patent. A subsequent press release in October 2024 reported that the court entered a final judgment in favor of the company in the amount of the award, starting the period for any post-trial motions or appeals. Paltalk has cautioned that the exact proceeds it may receive will be reduced by litigation-related expenses and that it estimates receiving no more than one third of the gross proceeds, subject to post-trial proceedings. The company repeatedly states that it intends to continue to defend its intellectual property.

Financial profile and capital structure

In its periodic financial updates, Paltalk has reported that it maintains a cash balance and has no long-term debt on its balance sheet as of various reporting dates. The company has discussed trends in revenue, subscription revenue, advertising revenue, loss from operations, net loss, and Adjusted EBITDA over multiple quarters and years. It has highlighted periods of improved operating efficiencies, reductions in net loss, and, at times, positive cash flow from operations.

Paltalk uses Adjusted EBITDA, defined in its releases as net income or loss adjusted to exclude stock-based compensation expense, depreciation and amortization expense, impairment loss on digital tokens, interest income or expense, other income or expense, and income tax benefit or expense, as a non-GAAP measure to assess operational performance and capital requirements. The company’s disclosures also reference deferred revenue balances related to its subscription-based business.

Corporate status and listing

Throughout the provided disclosures, Paltalk identifies itself as a Nasdaq-listed company under the symbol PALT and later as Intelligent Protection Management Corp. in an 8-K filing. The company notes that it intends to continue its Nasdaq Capital Market listing and, following the closing of the NTS acquisition, to trade under the planned new ticker symbol IPM. There is no indication in the provided materials of a delisting, deregistration, or bankruptcy filing. Instead, the documents reflect an ongoing reporting company that files periodic and current reports with the SEC and hosts regular earnings conference calls.

FAQs

• What does Paltalk, Inc. do?
  According to its press releases, Paltalk, Inc. is a communications software innovator that powers multimedia social applications. Its product portfolio has included Paltalk, Camfrog, ManyCam, Tinychat and Vumber, and the company reports an over 20-year history of technology innovation and multiple U.S. patents.
• How does Paltalk generate revenue?
  Paltalk’s financial disclosures state that it generates revenue primarily from subscription revenue and advertising revenue associated with its applications, as well as virtual gift revenue within its platforms. The company also reports revenue contributions from products such as Vumber and ManyCam.
• What industry and sector is PALT classified in?
  The company is classified in the Information sector and the Software Publishers industry. Its business activities center on communications software and multimedia social applications.
• What major products has Paltalk disclosed?
  Paltalk lists Paltalk and Camfrog, which host video-based communities, along with ManyCam, Tinychat and Vumber as part of its product portfolio. It has described efforts to integrate ManyCam into Paltalk, enhance live video chat applications, and add features such as card and board games.
• What strategic transactions has Paltalk announced?
  Paltalk has announced an Agreement and Plan of Merger to acquire Newtek Technology Solutions, Inc., a provider of dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and related technology solutions services. It has also entered into an Asset Purchase Agreement to sell Vumber and its Paltalk and Camfrog applications and related assets to Meteor Mobile Holdings, Inc., subject to specified conditions and exclusions.
• How is Paltalk changing its business focus?
  In connection with the NTS acquisition and related divestitures, Paltalk has described a shift toward focusing on cybersecurity, cloud hosting and technology solutions. It has indicated that it expects the acquisition to have a meaningful impact on revenue and to provide opportunities for growth and optimization in these areas.
• What is the status of Paltalk’s patent litigation against Cisco?
  Paltalk reports that its subsidiary filed a patent infringement lawsuit against Cisco entities alleging infringement of U.S. Patent No. 6,683,858. In August 2024, a jury awarded the company $65.7 million, and in October 2024 the court entered final judgment in that amount. Paltalk notes that the ultimate proceeds will be reduced by litigation expenses and remain subject to post-trial motions and potential appeals.
• What name does the company use in recent SEC filings?
  An 8-K dated August 12, 2025 identifies the registrant as Intelligent Protection Management Corp. The filing relates to the company’s financial results for the quarter ended June 30, 2025 and indicates that the entity continues to report under this new name.
• Does Paltalk have long-term debt?
  In several financial press releases, Paltalk states that it had no long-term debt on its balance sheet as of the reported period-end dates, while maintaining a cash balance.
• Is PALT stock still trading under that ticker?
  Paltalk has stated that, following the closing of the NTS acquisition, it plans to change its name to Intelligent Protection Management Corp. and to change its Nasdaq ticker so that its common stock would cease trading under PALT and would begin trading under IPM. The 8-K referencing Intelligent Protection Management Corp. confirms the name change, but the provided materials do not specify the exact date on which the ticker symbol changed.