Professional Diversity Network, Inc. Segments Disclosure
16. Segment Information
The Company operates in the following : (i) TalentAlly Network, which maintains and operates job board software and hosts career fairs, (ii) NAPW Network, a professional networking organization that addresses personal and professional development opportunities for women, (iii) RemoteMore (beginning in fiscal 2021) which provides companies with talented engineers to provide solutions to their software needs, (iv) Corporate Licensing Service, and (v) Corporate Overhead.
The Company's CEO and CFO comprise the executive committee. The responsibility of the executive committee is to collectively assess performance and make resource allocation decisions related to the entity’s operating segments. The CEO operates more as a strategic decision maker for the organization as a whole. The executive committee is the CODM because the committee is the highest level of management that performs these functions.
The following tables present key financial information of the Company’s reportable segments as of and for the years ended December 31, 2025, and 2024:
| Year Ended December 31, 2025 | ||||||||||||||||||||||||
| TalentAlly | NAPW | RemoteMore | Corporate | Corporate | ||||||||||||||||||||
| Recruitment Services | Membership Services | Contracted Software Development Service | Licensing Service | Overhead | Consolidated | |||||||||||||||||||
| Membership fees and related services | $ | - | $ | 342,446 | $ | - | $ | - | $ | - | $ | 342,446 | ||||||||||||
| Recruitment services | 3,456,212 | - | - | - | - | 3,456,212 | ||||||||||||||||||
| Contracted software development | - | - | 2,726,849 | - | - | 2,726,849 | ||||||||||||||||||
| Consumer advertising and marketing solutions | 21,232 | - | - | - | - | 21,232 | ||||||||||||||||||
| Total revenues | 3,477,444 | 342,446 | 2,726,849 | - | - | 6,546,739 | ||||||||||||||||||
| Income (loss) from continuing operations | (212,101 | ) | (133,847 | ) | (323,462 | ) | (3,412,500 | ) | (2,370,674 | ) | (6,452,584 | ) | ||||||||||||
| Depreciation and amortization | 152,260 | 405 | 5,261 | - | - | 157,926 | ||||||||||||||||||
| Income tax expense (benefit) | - | - | - | - | - | - | ||||||||||||||||||
| Net income (loss) from continuing operations | (272,984 | ) | (133,846 | ) | (321,344 | ) | (3,412,500 | ) | (2,370,674 | ) | (6,511,348 | ) | ||||||||||||
| As of December 31, 2025 | ||||||||||||||||||||||||
| Goodwill | $ | 465,752 | $ | - | $ | 952,001 | $ | - | $ | - | $ | 1,417,753 | ||||||||||||
| Intangibles assets, net | 9,629,008 | - | - | - | - | 9,629,008 | ||||||||||||||||||
| Assets from continuing operations, net of eliminations | 18,753,293 | 17,854 | (903,578 | ) | - | - | 17,867,569 | |||||||||||||||||
| Year Ended December 31, 2024 | ||||||||||||||||||||||||
| TalentAlly | NAPW | RemoteMore | Corporate | Corporate | ||||||||||||||||||||
| Recruitment Services | Membership Services | Contracted Software Development Service | Licensing Service | Overhead | Consolidated | |||||||||||||||||||
| Membership fees and related services | $ | - | $ | 428,612 | $ | - | $ | - | $ | - | $ | 428,612 | ||||||||||||
| Recruitment services | 4,434,235 | - | - | - | - | 4,434,235 | ||||||||||||||||||
| Contracted software development | - | - | 1,830,018 | - | - | 1,830,018 | ||||||||||||||||||
| Consumer advertising and marketing solutions | 37,740 | - | - | - | - | 37,740 | ||||||||||||||||||
| Total revenues | 4,471,975 | 428,612 | 1,830,018 | - | - | 6,730,605 | ||||||||||||||||||
| Income (loss) from continuing operations | (41,847 | ) | (145,273 | ) | (313,757 | ) | - | (1,904,268 | ) | (2,405,145 | ) | |||||||||||||
| Depreciation and amortization | 145,270 | 56,695 | 1,836 | - | - | 203,801 | ||||||||||||||||||
| Income tax expense (benefit) | 5,471 | - | 850 | - | - | 6,321 | ||||||||||||||||||
| Net income (loss) from continuing operations | (228,684 | ) | (146,535 | ) | (316,200 | ) | - | (1,904,268 | ) | (2,595,687 | ) | |||||||||||||
| As of December 31, 2024 | ||||||||||||||||||||||||
| Goodwill | $ | 465,752 | $ | - | $ | 952,001 | $ | - | $ | - | $ | 1,417,753 | ||||||||||||
| Intangibles assets, net | 134,733 | - | - | - | - | 134,733 | ||||||||||||||||||
| Assets from continuing operations, net of eliminations | 8,793,043 | 30,342 | (841,584 | ) | - | - | 7,981,801 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 31, 2026 | Showing above |
| 2024 | Mar 31, 2025 | |
| 2023 | Mar 29, 2024 | |
| 2022 | Mar 31, 2023 | |
| 2021 | Mar 31, 2022 | |
| 2020 | Apr 9, 2021 | |
| 2019 | May 4, 2020 | |
| 2018 | Apr 16, 2019 | |
| 2017 | Mar 30, 2018 | |
| 2016 | Mar 31, 2017 | |
| 2015 | Mar 30, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.