---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-016808"
form_type: "8-K"
ticker: "IPDN"
cik: "0001546296"
company_name: "Professional Diversity Network, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:01:25.096253+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IPDN Q1 revenue down 12% to $1.73M; cash falls to $97K from $628K

## Summary
- Total revenue $1.727M vs $1.955M YoY, down 11.7% on weaker RemoteMore demand.
- Net loss from continuing ops $803K, improved from $1.128M loss a year ago.
- Cash & cash equivalents dropped to $97K from $628K at Dec 31, 2023.
- Working capital deficit widened to $1.753M vs $1.107M at year-end.
- RemoteMore revenue fell 30.5% to $485K; PDN and NAPW revenues nearly flat.

## SEC filing metadata
- accession: 0001437749-24-016808
- form_type: 8-K
- ticker: IPDN
- cik: 0001546296
- company_name: Professional Diversity Network, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546296/000143774924016808/0001437749-24-016808-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546296/000143774924016808/ipdn20240228c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-016808
- JSON: https://secwatch.observer/filing/0001437749-24-016808.json
- Plain text: https://secwatch.observer/filing/0001437749-24-016808.txt

## Key facts
- Earnings Releases
  Professional Diversity Network, Inc. reported the quarter ended March 31, 2024 results: revenue approximately $1,727,000, net income net loss from continuing operations of approximately $803,000, EPS ($0.07).
  - Period: the quarter ended March 31, 2024
  - Revenue: approximately $1,727,000
  - Net income: net loss from continuing operations of approximately $803,000
  - EPS: ($0.07)
  - Result: reported results
  source text: Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546296/000143774924016808/0001437749-24-016808-index.htm

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