Here are the 10-Q quarterly reports from Paltalk, Inc. (PALT) in our archive since June 2025, 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 PALT 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 PALT filings page.
Intelligent Protection Management Corp. completed a strategic transformation in early 2025 by divesting its consumer video applications and acquiring Newtek Technology Solutions ("NTS") on January 2, 2025. The Acquisition consideration totaled $12.904 million consisting of $4.0 million cash and 4,000,000 shares of newly designated Series A Preferred Stock valued at $8.2 million; an earn-out of up to $5.0 million was recorded at a fair value of $704,000. The divestiture of legacy assets to Meteor Mobile generated $1.35 million in cash and removed the Paltalk/Camfrog/Vumber businesses from continuing operations.
Post-transaction results show consolidated total assets of $29.84 million (up from $15.87 million), goodwill of $5.52 million, and intangible assets net of amortization of $8.66 million. Revenue for the six months ended June 30, 2025 rose to $11.24 million (from $542,981 in 2024), driven by managed IT, procurement and professional services; operating loss from continuing operations for six months was $2.46 million, and net loss from continuing operations was $241,498. The Company recorded a discrete tax benefit and reduction in valuation allowance resulting in an income tax benefit of $1.99 million for the six months. The Company also established a secured revolving credit facility of up to $1.0 million with Newtek Bank, placed $1.0147 million in restricted cash as collateral, approved a $400,000 buyback program (repurchases of $212,798 executed), and disclosed related-party revenue concentration with Newtek representing 33% of revenue for the periods presented.