secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM)
CIK:        0001355839
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001213900-22-069737
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paltalk Q3 revenue down 22% to $2.6M; net loss widens 157% to $1.1M; cash $15.5M
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- Q3 revenue $2.6M, down 22% YoY; subscription revenue down 19% and advertising down 44%.
- Net loss $1.1M ($0.11 EPS) vs $0.4M prior year; Adjusted EBITDA loss $0.8M vs income $0.3M.
- Cash $15.5M at quarter end, no long-term debt; repurchased 207k shares at avg $1.73 in Q3.
- Recorded $150k liability for ManyCam earn-out (likely gross sales $600–700k); integration progress.
- Patent lawsuit vs Cisco/WebEx trial Q1 2023; Cisco filed motion to stay after patent reexamination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1355839/000121390022069737/0001213900-22-069737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1355839/000121390022069737/ea168080-8k_paltalkinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-069737

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