{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-031804","form_type":"8-K","ticker":"IPDN","cik":"0001546296","company_name":"Professional Diversity Network, Inc.","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.099892+00:00","generated_at":"2026-06-21T20:05:00.943049+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IPDN Q3 net loss expands to $1.1M from $88K; revenue +25% to $2.1M, cash down to $1.5M","bullets":["Total Q3 revenue $2.1M (+25.7% YoY), driven by RemoteMore segment ($757K vs $19K).","Net loss from continuing ops $1.1M, vs $88K loss; diluted loss per share $0.07 vs $0.01.","Cash decreased to $1.5M from $3.4M at Dec 31, 2021; working capital surplus dropped to $0.1M.","Adjusted EBITDA turned negative to -$705K from +$84K in prior year quarter.","Acquired 9% of Koala Crypto Limited for 1.73M shares valued at $1.35M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-031804","json":"https://secwatch.observer/filing/0001493152-22-031804.json","markdown":"https://secwatch.observer/filing/0001493152-22-031804.md","text":"https://secwatch.observer/filing/0001493152-22-031804.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1546296/000149315222031804/0001493152-22-031804-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1546296/000149315222031804/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T20:05:00.943049+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91899b333d70f05bd6d4117f8d8be5d2c4f1ea8a","claim":"Professional Diversity Network, Inc. reported the nine months ended September 30, 2022 results: revenue approximately $6,363,000.","evidence_excerpt":"Total revenues for the nine months ended September 30, 2022 increased approximately $1,735,000, or 37.5%, to approximately $6,363,000 from approximately $4,628,000 during the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1546296/000149315222031804/0001493152-22-031804-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"approximately $6,363,000"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9f1981b3dacf1519ac70d4498b19d70d6bab5f22","claim":"Professional Diversity Network, Inc. reported the three months ended September 30, 2022 results: revenue approximately $2,115,000, net income net loss of approximately $1,095,000, EPS $0.07.","evidence_excerpt":"for the Three Months Ended September 30, 2022 Revenues Total revenues for the three months ended September 30, 2022 increased approximately $432,000, or 25.7%, to approximately $2,115,000 from approximately $1,683,000 during the same period in the prior year. The increase was predominately attributable to approximately $738,000 of contracted software development","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1546296/000149315222031804/0001493152-22-031804-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"approximately $2,115,000"},{"label":"Net income","value":"net loss of approximately $1,095,000"},{"label":"EPS","value":"$0.07"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}