---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-096791"
form_type: "8-K"
ticker: "IPM"
cik: "0001355839"
company_name: "INTELLIGENT PROTECTION MANAGEMENT CORP."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:40:04.376635+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Paltalk posts Q3 net loss of $1.5M, but wins $65.7M final judgment against Cisco

## Summary
- Revenue fell 23.4% YoY to $2.1M; subscription revenue down 23.9% to $2.0M.
- Net loss of $1.5M compared to $0.2M loss in prior year; Adjusted EBITDA loss of $1.4M.
- Awarded $65.7M final judgment in trial against Cisco, a major litigation win.
- Cash balance $12.1M at Sept 30, 2024; no long-term debt; cash down $0.7M from Q2.
- Net cash used in operations increased 58.2% to $1.6M for the nine months.

## SEC filing metadata
- accession: 0001213900-24-096791
- form_type: 8-K
- ticker: IPM
- cik: 0001355839
- company_name: INTELLIGENT PROTECTION MANAGEMENT CORP.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355839/000121390024096791/0001213900-24-096791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355839/000121390024096791/ea0220371-8k_paltalk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-096791
- JSON: https://secwatch.observer/filing/0001213900-24-096791.json
- Plain text: https://secwatch.observer/filing/0001213900-24-096791.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.