Professional Diversity Network, Inc.
Business
Professional Diversity Network, Inc. operates online professional networking platforms and recruitment services targeting diverse job seekers and employers seeking diverse talent. The company provides job board software, career fairs, recruitment advertising, and placement services through its TalentAlly segment; professional networking membership for women through NAPW/IAW; and remote software development staffing through RemoteMore USA. Services are offered to U.S. employers, recruiters, and job seekers across multiple demographic affinity groups, supplemented by early-stage Web3.0 and digital asset initiatives.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 7 | 7 | 8 | 8 | — | |
| Cost of revenues | 4 | 3 | 3 | 4 | 2 | |
| Sales and marketing | 2 | 3 | 4 | 3 | 2 | |
| General and administrative | 7 | 4 | 4 | 4 | 5 | |
| Depreciation and amortization | 157,926 | 203,801 | 624,004 | 776,095 | 385,161 | |
| Total costs and expenses | 13 | 9 | 12 | 11 | 9 | |
| Loss from continuing operations | −6 | −2 | −5 | −3 | −3 | |
| Interest and other income (expense), net | −58,764 | −184,221 | 12,934 | — | — | |
| Other income (expense), net | −58,764 | −184,221 | 12,934 | −3,652 | 7,999 | |
| Loss before income tax benefit | −7 | −3 | −5 | −3 | −3 | |
| Income tax benefit (expense) | 0 | −6,321 | 139,380 | 13,188 | 21,540 | |
| Loss from continuing operations, net of tax | −7 | −3 | −4 | −3 | — | |
| Loss from discontinued operations | 0 | 0 | −28,428 | −65,055 | −88,813 | |
| Net loss including non-controlling interests | −7 | −3 | −4 | −3 | −3 | |
| Net loss attributable to non-controlling interests | 60,357 | 83,722 | 103,366 | 554,672 | 192,755 | |
| Net loss attributable to Professional Diversity Network, Inc. | −6 | −3 | −4 | −3 | −3 | |
| Foreign currency translation adjustment | 0 | 0 | −5,695 | −17,551 | −285,941 | |
| Comprehensive loss | −6 | −3 | −4 | −3 | −3 | |
| Continuing operations (in dollars per share) | −2.11 | −2.07 | −4.27 | −0.38 | −0.4 | |
| Net loss per share (in dollars per share) | −2.11 | −2.07 | −4.27 | −0.39 | −0.41 | |
| Basic and diluted (in shares) | 3 | 1 | 1 | 8 | 7 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-11-30 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 216,954 | 2 | 627,641 | — | 1 | |
| Restricted cash | 1 | 0 | — | — | — | |
| Accounts receivable, net | 807,660 | 1 | 1 | — | 1 | |
| Other receivables | 200,993 | 12,577 | 50,000 | — | 350,000 | |
| Prepaid expense and other current assets | 84,190 | 264,117 | 556,698 | — | 347,807 | |
| Total current assets | 3 | 3 | 2 | — | 3 | |
| Property and equipment, net | 36,434 | 48,956 | 42,043 | — | 35,341 | |
| Capitalized technology, net | 219,297 | 327,372 | 186,103 | — | 64,499 | |
| Goodwill | 1 | 1 | 1 | — | 1 | |
| Intangible assets, net | 10 | 134,733 | 225,848 | — | 225,221 | |
| Right-of-use assets | 149,525 | 226,704 | 298,485 | — | 365,324 | |
| Security deposits | 49,755 | 49,755 | 66,340 | — | 66,340 | |
| Other assets | 4 | 3 | 2 | — | 1 | |
| Total assets | 18 | 8 | 6 | — | 7 | |
| Accounts payable | 737,877 | 155,661 | 524,854 | — | 338,600 | |
| Accrued expenses | 1 | 863,888 | 867,884 | 867,884 | 1 | |
| Deferred revenue | 1 | 2 | 2 | — | 2 | |
| Other current liabilities | 3 | 0 | — | — | — | |
| Lease liability, current portion | 102,581 | 94,248 | 82,652 | — | 103,555 | |
| Total current liabilities | 7 | 3 | 3 | — | 4 | |
| Lease liability, non-current portion | 82,484 | 185,064 | 283,060 | — | 341,165 | |
| Total liabilities | 7 | 3 | 4 | — | 5 | |
| Commitments and contingencies | — | — | — | — | — | |
| Common stock, $0.01 par value; 45,000,000 shares authorized, 7,298,358 shares and 1,823,327 shares issued as of December 31, 2025 and 2024, and 7,298,306 and 1,823,275 shares outstanding as of December 31, 2025 and 2024 | 72,983 | 18,233 | 11,452 | — | 103,675 | |
| Additional paid in capital | 121 | 108 | 103 | — | 102 | |
| Accumulated other comprehensive income | 0 | 0 | 0 | — | −10,986 | |
| Accumulated deficit | −109 | −102 | −100 | — | −98 | |
| Treasury stock, at cost; 52 and 52 shares at December 31, 2025 and 2024 | −37,117 | −37,117 | −37,117 | — | −892,482 | |
| Total Professional Diversity Network, Inc. stockholders equity | 12 | 5 | 3 | — | 3 | |
| Non-controlling interest | −567,141 | −481,500 | −479,918 | — | −237,243 | |
| Total stockholders equity | 11 | 5 | 3 | — | 2 | |
| Total liabilities and stockholders equity | 18 | 8 | 6 | — | 7 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 157,926 | 203,801 | 624,004 | 776,095 | — | |
| Noncash lease expense | 91,389 | 91,387 | 91,386 | 91,387 | — | |
| Stock-based compensation expense | 4 | 175,493 | 299,839 | 481,429 | 634,340 | |
| Provision for doubtful accounts | 142,618 | 13,986 | −15,761 | −144,675 | — | |
| Loss on seizure of cash | 0 | 184,055 | 0 | — | — | |
| Unrealized loss on investment | 44,000 | 0 | — | — | — | |
| Loss on disposal of property, plant and equipment | 0 | 2,024 | 0 | — | — | |
| Accounts receivable | 268,400 | −98,597 | 199,910 | 215,570 | −383,630 | |
| Prepaid expenses and other current assets | −195,989 | 159,089 | 278,609 | 102,978 | −95,525 | |
| Accounts payable | 582,216 | −369,194 | 186,253 | 90,005 | −481,920 | |
| Accrued expenses | 469,681 | −3,996 | −203,955 | 101,991 | 77,252 | |
| Other current liabilities | 24,946 | 0 | — | — | — | |
| Lease liability | −108,457 | −106,006 | −103,555 | −101,102 | — | |
| Deferred revenue | −648,769 | −157,805 | 6,352 | −224,097 | 248,756 | |
| Net cash used in operating activities - continuing operations | −2 | −3 | −3 | −2 | −2 | |
| Net cash used in operating activities | −2 | −3 | −3 | −2 | −2 | |
| Costs incurred to develop technology | 0 | −242,020 | −181,111 | −45,195 | −49,970 | |
| Purchases of property and equipment | −3,995 | −20,873 | −30,426 | −15,602 | −24,940 | |
| Payments to acquire investments | −1 | −700,000 | 0 | — | — | |
| Purchases of intangible assets | −4 | — | — | — | — | |
| Net cash used in investing activities - continuing operations | −5 | −962,893 | −946,502 | −60,797 | −1 | |
| Net cash used in investing activities | −5 | −962,893 | −946,502 | −60,797 | −1 | |
| Proceeds from the sale of Common Stock | 6 | 4 | 3 | 1 | 4 | |
| Proceeds from (Repayment of) short-term debt | 774,691 | 0 | — | — | — | |
| Proceeds from Noncontrolling Interests | 0 | 82,140 | 0 | — | — | |
| Net cash provided by financing activities - continuing operations | 7 | 5 | 3 | 144,635 | 4 | |
| Net cash provided by financing activities | 7 | 5 | 3 | 144,635 | 4 | |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | −264,201 | 1 | −609,130 | −2 | 1 | |
| Non-cash amortization of commitment funding | 187,500 | 375,000 | 187,500 | 0 | — | |
| Acquisition of DTT Tokens | 3 | 0 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Professional Diversity Network, Inc.'s CIK number?
Professional Diversity Network, Inc.'s SEC CIK number is 0001546296 (1546296). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Professional Diversity Network, Inc.'s SEC filings?
All of Professional Diversity Network, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Professional Diversity Network, Inc. last report earnings?
Professional Diversity Network, Inc. (IPDN) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-017234). This is Professional Diversity Network, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Professional Diversity Network, Inc.'s most recent earnings 8-K?
Professional Diversity Network, Inc.'s latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001437749-26-017234. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Professional Diversity Network, Inc.'s latest earnings 8-K →
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