IPDN posts Q3 net loss of $2.38M, G&A up 262% on RWA pivot

Professional Diversity Network, Inc.

Total revenue $1.732M, up 2.2% YoY; RemoteMore revenue up 96.9% to $768k.
Net loss from continuing ops $2.375M vs $422M loss YoY; diluted EPS ($0.83) vs ($0.33).
G&A expenses $2.65M, +262.5%, driven by $1.65M consulting fee for new RWA service.
Cash and equivalents fell to $265k from $1.731M year-end 2024; operating cash burn $3.5M.
CEO announces early-stage pivot to develop a global Real World Asset Exchange (RWA).

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