Professional Diversity Network(IPDN) - 2025 Q3 - Quarterly Results

Revenue Performance - Total revenues for the three months ended September 30, 2025, increased approximately $38,000, or 2.2%, to approximately $1,732,000 from approximately $1,694,000 during the same period in the prior year[4] - Revenue from the TalentAlly Network decreased by approximately $320,000, or 26.6%, to approximately $883,000 compared to approximately $1,203,000 during the same period in the prior year[5] - NAPW Network revenues decreased by approximately $20,000, or 19.8%, to approximately $81,000 compared to revenues of approximately $101,000 during the same period in the prior year[6] - RemoteMore revenue increased by approximately $378,000, or 96.9%, to approximately $768,000 compared to revenues of approximately $390,000 during the same period in the prior year[7] Expenses and Losses - Net loss per share for the nine months ended September 30, 2025, was approximately $1.58, representing an increase of only about 4% compared to the same period last year[2] - General and administrative expenses for the three months ended September 30, 2025, increased by approximately $1,919,000, or 262.5%, to approximately $2,650,000 compared to approximately $731,000 during the same period in the prior year[11] - Cost of revenues during the three months ended September 30, 2025, was approximately $969,000, an increase of approximately $272,000, or 39.0%, from approximately $697,000 during the same period of the prior year[9] - Loss from Continuing Operations for 2025 was $3,608,000 compared to a loss of $1,815,000 in 2024[22] - Adjusted EBITDA for 2025 was $(3,349,000), a decline from $(1,443,000) in 2024[22] Financial Position - Total liabilities as of September 30, 2025, were approximately $3,846,000, compared to $3,141,000 as of December 31, 2024[13] - Total stockholders' equity as of September 30, 2025, was approximately $8,950,000, compared to $5,322,000 as of December 31, 2024[13] Strategic Initiatives - The company is initiating a strategic pivot towards the development of a global Real World Asset Exchange, which is in its early stages and subject to significant risks[2] - Professional Diversity Network is executing a strategic pivot to develop a global Real World Asset (RWA) Exchange[23] - The company faces risks in developing the RWA Exchange, including securing capital and navigating regulatory challenges[27] Company Operations - As of September 30, 2025, Professional Diversity Network owned 82.63% of RemoteMore USA, Inc.[26] - NAPW Network Inc. provides networking opportunities for professional women through virtual and in-person events[25] - TalentAlly operates recruitment affinity groups targeting diverse demographics, enhancing employer access to qualified job seekers[24] Investor Relations - The financial information is available on the company's website under Investor Relations[27] - Investor inquiries can be directed to the provided contact information[27] - The company does not assume any obligation to update forward-looking statements based on new information or future events[27]