secwatch.observer — SEC 8-K summary
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Issuer:     Professional Diversity Network, Inc. (IPDN)
CIK:        0001546296
Form:       8-K
Filed at:   2026-08-14T12:21:25+00:00
Accession:  0001437749-26-027834
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IPDN Q2 revenue down 28% to $1.18M; net loss widens to $1.72M on copyright amortization
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- Q2 revenue $1.181M, down 28% YoY; recruitment services fell $300k, software dev $142k.
- Net loss from continuing ops $1.716M vs $0.492M loss; EPS -$0.15 vs -$0.23.
- D&A jumped to $1.193M from $41k due to amortization of 28 musical works copyrights.
- Completed divestiture of NAPW and IAW in July 2026; working capital deficit cut to $0.9M.
- Six-month net loss $3.572M vs $1.233M; cash $2.637M at June 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546296/000143774926027834/0001437749-26-027834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546296/000143774926027834/ipdn20260622_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-027834

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer