Revenue Performance - Total revenues for Q1 2025 decreased by approximately $222,000, or 12.9%, to approximately $1,505,000 compared to $1,727,000 in Q1 2024[3] - Recruitment services revenue decreased by approximately $188,000, or 17.0%, to approximately $916,000 in Q1 2025 from $1,104,000 in Q1 2024[12] - TalentAlly Network generated approximately $921,000 in revenues in Q1 2025, a decrease of approximately $194,000, or 17.4%, from $1,115,000 in Q1 2024[4] - RemoteMore revenue increased slightly by approximately $3,000, or 0.6%, to approximately $488,000 in Q1 2025 from $485,000 in Q1 2024[5] Financial Losses - The consolidated net loss from continuing operations for Q1 2025 was approximately $741,000, a decrease of $66,000, or 8.2%, compared to a net loss of $807,000 in Q1 2024[9] Cash and Current Assets - Cash and cash equivalents decreased to $496,000 as of March 31, 2025, down from $1,731,000 as of December 31, 2024[11] - Total current assets decreased to $1,787,000 as of March 31, 2025, compared to $3,227,000 as of December 31, 2024[11] Expense Management - Sales and marketing expenses decreased by approximately $259,000, or 31.2%, to approximately $571,000 in Q1 2025 from $830,000 in Q1 2024[7] - General and administrative expenses decreased by approximately $116,000, or 11.7%, to approximately $879,000 in Q1 2025 from $995,000 in Q1 2024[8] Investment Activities - The company invested $1.3 million in AI Geometric Ltd., acquiring a 13% equity stake to enhance its AI-driven recruitment ecosystem[2]
Professional Diversity Network(IPDN) - 2025 Q1 - Quarterly Results