secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM)
CIK:        0001355839
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001213900-21-057731
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paltalk reports Q3 revenue $3.4M (+2% YoY), net loss $0.4M; cash over $21M after offering
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- Revenue increased 2% to $3.4M, driven by subscription revenue of $3.15M.
- Net loss of $0.4M vs net income of $0.7M in Q3 2020; included $0.6M impairment on digital tokens.
- Adjusted EBITDA of $0.3M, down from $0.7M; sixth consecutive quarter of positive adjusted EBITDA.
- Cash and equivalents $10.7M at Sept 30; subsequent October capital raise of ~$11.6M gross brings cash >$21M.
- No long-term debt; company plans to use cash for organic growth and potential acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355839/000121390021057731/0001213900-21-057731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355839/000121390021057731/ea149747-8k_paltalk.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-057731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer