Company research
Professional Diversity Network, Inc.
CIK 1546296Updated Sep 25, 2026
SecurityIPDN · NASDAQ · equity
Name history
Professional Diversity Network, LLC · through Mar 5, 2013
IPDN price & chart
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NASDAQ:IPDN on TradingView ↗About the company
We are an operator of professional networks with a focus on diversity, employment, education and training. We use the term “diversity” (or “diverse”) to describe communities, or “affinities,” that are distinct based on a wide array of criteria, including ethnic, national, cultural, racial, religious or gender classification. We serve a variety of such communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBTQ+) persons, and students and graduates seeking to transition from education to career. The Company’s technology platform is integral to the operation of its business.
In the news
Recent filings
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 3.03, 5.03, 8.01, 9.01
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
424B4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 17,867,569Source | 7,981,801Source | 6,326,532Source | 6,836,133Source |
| Property, Plant and Equipment, NetUSD | 36,434Source | 48,956Source | 42,043Source | 35,341Source |
| GoodwillUSD | 1,417,753Source | 1,417,753Source | 1,417,753Source | 1,274,785Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 9,629,008Source | 134,733Source | 225,848Source | 225,221Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 216,954Source | 1,731,155Source | 627,641Source | 1,236,771Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 807,660Source | 1,218,679Source | 1,134,067Source | 1,318,217Source |
| Assets, CurrentUSD | 2,559,797Source | 3,226,528Source | 2,368,406Source | 3,257,395Source |
| Prepaid Expense and Other Assets, CurrentUSD | 84,190Source | 264,117Source | 556,698Source | 347,807Source |
| Operating Lease, Right-of-Use AssetUSD | 149,525Source | 226,704Source | 298,485Source | 365,324Source |
| Other Assets, NoncurrentUSD | 3,806,000Source | 2,550,000Source | 1,537,499Source | 1,350,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,685,309Source | 3,140,897Source | 3,758,291Source | 4,527,109Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 72,983Source | 18,233Source | 114,520Source | 103,675Source |
| Additional Paid in CapitalUSD | 120,579,209Source | 107,755,971Source | 102,873,474Source | — |
| Retained Earnings (Accumulated Deficit)USD | -108,865,674Source | -102,414,683Source | -99,902,718Source | -98,382,540Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | 0Source | 0Source | -10,986Source |
| Stockholders' Equity Attributable to ParentUSD | 11,749,401Source | 5,322,404Source | 3,048,159Source | 2,546,267Source |
| Additional Paid in Capital, Common StockUSD | — | — | — | 101,728,600Source |
| Liabilities and EquityUSD | 17,867,569Source | 7,981,801Source | 6,326,532Source | 6,836,133Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,602,825Source | 2,955,833Source | 3,475,231Source | 3,942,875Source |
| Operating Lease, Liability, CurrentUSD | 102,581Source | 94,248Source | 82,652Source | 103,555Source |
| Accounts Payable, CurrentUSD | 737,877Source | 155,661Source | 524,854Source | 338,600Source |
| Operating Lease, Liability, NoncurrentUSD | 82,484Source | 185,064Source | 283,060Source | 341,165Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | 0Source | 143,069Source |
| Other Liabilities, NoncurrentUSD | — | — | 0Source | 100,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -567,141Source | -481,500Source | -479,918Source | -237,243Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,333,570Source | 863,888Source | 867,884Source | 1,071,842Source |
| Deferred Tax Liabilities, NetUSD | 0Source | 0Source | 0Source | 143,069Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -6,511,348Source | -2,595,687Source | -4,414,665Source | -3,157,394Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 157,926Source | 203,801Source | 624,004Source | 776,095Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,595,744Source | 175,493Source | 299,839Source | 481,429Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -268,400Source | 98,597Source | -199,910Source | -70,895Source |
| Increase (Decrease) in Accounts PayableUSD | 582,216Source | -369,194Source | 186,253Source | 90,005Source |
| Deferred Income Tax Expense (Benefit)USD | — | 0Source | -143,069Source | -19,291Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,087,643Source | -2,501,450Source | -3,026,928Source | -2,251,298Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,003,995Source | -962,893Source | -946,502Source | -60,797Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,995Source | 20,873Source | 30,426Source | 15,602Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | 0Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 6,827,437Source | 4,567,857Source | 3,364,300Source | 144,635Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -264,201Source | 1,103,514Source | -609,130Source | -2,165,926Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 0Source | — |
| Income Taxes Paid, NetUSD | — | — | 0Source | — |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | — | 23,735Source |
| Amortization of Intangible AssetsUSD | 33,333Source | 91,114Source | 551,774Source | 734,346Source |
| Capitalized Computer Software, AmortizationUSD | 108,075Source | 100,750Source | 59,507Source | 23,735Source |
| DepreciationUSD | 16,517Source | 11,936Source | 12,723Source | 9,012Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | 776,095Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | -2,024Source | — | — |
| General and Administrative ExpenseUSD | 7,205,700Source | 3,533,351Source | 4,451,630Source | 3,574,314Source |
| GoodwillUSD | 1,417,753Source | 1,417,753Source | 1,417,753Source | 1,274,785Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -6,452,584Source | -2,405,145Source | -4,538,551Source | -3,092,339Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -6,511,348Source | -2,595,687Source | -4,386,237Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -28,428Source | -65,055Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -28,000Source | -65,100Source |
| Income Tax Expense (Benefit)USD | 0Source | 6,321Source | -139,380Source | -13,188Source |
| Net Income (Loss) Attributable to ParentUSD | -6,450,991Source | -2,511,965Source | -4,311,299Source | -2,602,722Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -60,357Source | -83,722Source | -103,366Source | -554,672Source |
| Nonoperating Income (Expense)USD | -58,764Source | -184,221Source | 12,934Source | -3,652Source |
| Operating Lease, ExpenseUSD | 108,000Source | — | — | — |
| Payments to Acquire InvestmentsUSD | 1,300,000Source | 700,000Source | — | — |
| Proceeds from Issuance of Common StockUSD | 6,052,746Source | 4,485,717Source | 3,364,300Source | 1,000,000Source |
| Proceeds from Noncontrolling InterestsUSD | 0Source | 82,140Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 6,546,739Source | 6,730,605Source | 7,699,037Source | — |
| Unrealized Gain (Loss) on InvestmentsUSD | -44,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 6,546,739Source | 6,730,605Source | 7,699,037Source | 8,314,088Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -6,452,584Source | -2,405,145Source | -4,538,551Source | -3,101,875Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -6,511,348Source | -2,589,366Source | -4,525,617Source | -3,105,527Source |
| Income Tax Expense (Benefit)USD | 0Source | 6,321Source | -139,380Source | -13,188Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -60,357Source | -83,722Source | -103,366Source | -554,672Source |
| Net Income (Loss) Attributable to ParentUSD | -6,450,991Source | -2,511,965Source | -4,311,299Source | -2,602,722Source |
| Earnings Per Share, BasicUSD per share | -2.11Source | -2.07Source | -0.43Source | -0.39Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 3,080,246Source | 1,252,300Source | 10,621,522Source | 8,195,282Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 33,333Source | 91,114Source | 551,774Source | 734,346Source |
| Capitalized Computer Software, AmortizationUSD | 108,075Source | 100,750Source | 59,507Source | 23,735Source |
| Costs and ExpensesUSD | 12,999,323Source | 9,135,750Source | 12,237,588Source | 11,415,963Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 157,926Source | 203,801Source | 624,004Source | 776,095Source |
| General and Administrative ExpenseUSD | 7,205,700Source | 3,533,351Source | 4,451,630Source | 3,574,314Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -6,452,584Source | -2,405,145Source | -4,538,551Source | -3,092,339Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -6,511,348Source | -2,595,687Source | -4,386,237Source | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -2.11Source | -2.07Source | -0.43Source | -0.38Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -28,428Source | -65,055Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -28,000Source | -65,100Source |
| Interest Income (Expense), NetUSD | — | — | 12,934Source | -3,652Source |
| Interest Income (Expense), Nonoperating, NetUSD | -58,764Source | -184,221Source | — | — |
| Labor and Related ExpenseUSD | — | — | — | 82,000Source |
| Marketing and Advertising ExpenseUSD | 508,088Source | 746,490Source | 1,130,262Source | 1,106,000Source |
| Nonoperating Income (Expense)USD | -58,764Source | -184,221Source | 12,934Source | -3,652Source |
| Operating Lease, ExpenseUSD | 108,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 6,546,739Source | 6,730,605Source | 7,699,037Source | — |
| Selling and Marketing ExpenseUSD | 1,911,586Source | 2,752,173Source | 3,700,997Source | 2,805,542Source |
Offerings
Registration 333-297043
- Gross proceeds
- 1999767.6
- Net proceeds
- 1879781.544
- Deal price
- 0.28
- Shares
- 7142027
- Offering price
- $0.2800
- Ticker
- IPDN