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Professional Diversity Network, Inc. 10-Q Filings

IPDN NASDAQ

Every 10-Q that Professional Diversity Network, Inc. (IPDN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow IPDN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IPDN filings page.

Rhea-AI Summary

Professional Diversity Network, Inc. reported that for the six months ended June 30, 2026, revenue declined to $2.73 million from $3.15 million a year earlier, while the net loss attributable to the company widened to $3.57 million. Results were heavily impacted by a sharp rise in amortization of newly acquired intangible assets, primarily music copyrights and digital tokens, which drove total depreciation and amortization expense to $2.39 million for the period.

At June 30, 2026, the company had $141,831 of cash, $2.50 million of restricted cash, a working capital deficit of $946,909, and an accumulated deficit of $112.43 million, leading management to state that these conditions raise substantial doubt about its ability to continue as a going concern. Liquidity has been supported by equity sales, a convertible note, and stock-for-asset deals, including increased stakes in RemoteMore USA and AI Geometric Ltd., and acquisitions of music copyrights and DeeptradeX DTT tokens. Management’s plans rely on raising additional capital, increasing revenues, cost reductions, and potential strategic transactions.

Rhea-AI Summary

Professional Diversity Network, Inc. reports first‑quarter 2026 results with modest revenue growth but a significantly larger loss and a going‑concern warning. Revenue was $1,548,076, up slightly from $1,504,586 a year earlier, driven mainly by contracted software development.

Net loss attributable to the company widened to $1,854,997 from $722,062, largely due to sharply higher depreciation and amortization expense of $1,195,751, reflecting recent investments in copyrights and technology. Loss per share was $0.19.

As of March 31, 2026, the company had cash and cash equivalents of $34,708 and restricted cash of $2,455,000, with a working capital deficit of $787,539 and an accumulated deficit of $110,720,671. Management states that these conditions raise substantial doubt about its ability to continue as a going concern and plans to rely on revenue growth, cost reductions, equity issuance, and potential strategic transactions to support liquidity.

Rhea-AI Summary

Professional Diversity Network (IPDN) filed its Q3 2025 10‑Q, reporting higher quarterly revenue but a significantly wider loss and a going concern warning. Revenue for the quarter was $1,731,762 versus $1,694,095 a year ago, while net loss attributable to the company widened to $2,357,801 from $405,045 as operating expenses rose. For the nine months, revenue was $4,877,838 versus $5,111,397, with a loss from continuing operations of $3,607,800.

Cash and cash equivalents were $265,258 at September 30, 2025, with operating cash use of $3,495,663 year‑to‑date and a working capital deficit of $2,127,729. Management states these conditions raise “substantial doubt” about the company’s ability to continue as a going concern. Financing activities provided $6,233,762, including $5,414,246 from stock sales and $400,000 of convertible notes issued in July. Investing used $4,203,996, including payments toward a $10,000,000 High Wave copyright acquisition (with $2,900,000 paid) and a $1,800,000 Streams Ohio copyright deal paid via 556,000 shares. Total assets were $12,146,012 and stockholders’ equity was $8,299,965. There were 4,881,963 shares outstanding as of November 14, 2025.

Rhea-AI Summary

Professional Diversity Network, Inc. reported consolidated revenues of $3.15 million for the six months ended June 30, 2025, down from $3.42 million a year earlier, while losses narrowed modestly to a $1.23 million loss from continuing operations compared with a $1.39 million loss in the prior year period. Net loss attributable to the company for the six months was $1.20 million and basic loss per share for the six months was $0.62.

The company’s liquidity position weakened materially: cash and cash equivalents declined to $125,081 at June 30, 2025, operating cash used was $779,651 for the six-month period, and working capital from continuing operations moved to a $1.92 million deficit. Management discloses that these conditions raise substantial doubt about the company’s ability to continue as a going concern and plans to raise capital, reduce costs or pursue strategic transactions. Key balance sheet items include total assets of $7.33 million, total stockholders’ equity of $3.84 million, an accumulated deficit of $103.61 million, and ownership of RemoteMore increased to 82.63% (consolidated). The report also records a Level 3 long-term investment valued at $1.156 million with an unrealized loss of $44,000.