IPDN Q1 net loss improves to $741K; revenue down 13% on DEI headwinds; invests $1.3M in AI firm

Professional Diversity Network, Inc.

Net loss from continuing ops $741K, improved $66K (8.2%) from $807K in Q1 2024.
Revenue $1.505M, down 12.9% YoY; recruitment services fell $188K due to DEI executive orders.
Invested $1.3M for 13% equity stake in AI Geometric Ltd. to boost AI-driven recruitment.
New investor Aurous Vertex committed ~$1.8M since December 2024.
Cash used in operations improved to $284K from $543K; cash balance $496K at March 31, 2025.

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