IPDN Q1 revenue $1.55M (+2.9% YoY); net loss widens to $1.86M on copyright amortization

Professional Diversity Network, Inc.

Revenue $1.55M (+2.9% YoY) from software development growth (+71.3% to $0.84M); recruitment services fell 30.8%.
Net loss from continuing ops $1.86M (vs $0.74M loss YoY) driven by $1.16M non-cash amortization of music copyrights.
Stockholders' equity improved to $13.92M; working capital deficit narrowed to $0.79M from $4.04M at Dec 2025.
Diluted EPS loss $0.19 on 9.59M shares vs loss $0.39 on 1.89M shares in prior year.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Professional Diversity Network, Inc. reported the quarter ended March 31, 2026 results: revenue approximately $1.55 million.

Period: the quarter ended March 31, 2026
Revenue: approximately $1.55 million
Result: reported results

Exact text from the filing

growth through technology investments and operational execution.” “For the first quarter ended March 31, 2026, total revenues increased 2.9% year over year to approximately $1.55 million, driven primarily by contracted software development revenue,” said Bella Gu, CFO of Professional Diversity Network, Inc. “During the quarter, we improved liquidity, reduced our

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Source: SEC EDGAR

accession 0001437749-26-017234

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