Barry Sloane
Effective as of January 7, 2025, the Board increased the size of the Board from five (5) directors to seven (7) directors and appointed Mr. Sloane to the Board
Highest-materiality recent filing
IPM Q1 revenue up 15.2% to $6.35M; operating loss narrows 42%
Total revenue $6.35M, +15.2% YoY; managed IT services +19%, procurement +78.4%.
IPM 2026 annual meeting results: all directors elected, auditor ratified
All seven director nominees elected with over 99% of votes cast (4.8M+ for each; 1.36M broker non-votes).
IPM presents FY2025 revenue $23.6M, Q4 Adj. EBITDA positive, $65.7M Cisco verdict
FY2025 revenue $23.6M; Q4 revenue $6.1M. Net loss improved 89% YoY in Q4.
IPM reports Q4 2025 revenue $6.13M; net loss down 89% YoY; positive adjusted EBITDA
Q4 total revenue $6.13M vs $0.28M a year ago, driven by Newtek acquisition.
IPM Q3 revenue up 9% QoQ to $6.2M; Adj EBITDA loss narrows 31%
Q3 2025 revenue $6.2M vs $0.3M prior-year period; up 9% sequentially from $5.7M in Q2 2025.
IPM Q2 2025 revenue $5.7M, net loss $1.1M, adjusted EBITDA -$0.4M
Q2 revenue $5.7M (up 4% sequential, up from $0.3M YoY) driven by NTS acquisition; revenue breakdown: managed IT $3.5M, procurement $1.2M.
IPM reports Q1 revenue $5.5M, net income $0.8M; approves $400K stock buyback
Revenue $5.5M vs $0.3M in Q1 2024, driven by Newtek Technology Solutions acquisition.
IPM shareholders approve 2025 LTIP, double authorized shares to 50M
Stockholders approved the 2025 Long-Term Incentive Plan, which replaces the Prior Plans; effective May 8, 2025.
IPM enters $1M secured revolving credit facility with Newtek Bank, maturing April 2026
Revolving line of credit up to $1,000,000, secured by substantially all assets of IPM and its subsidiary Intelligent Protection LLC.
Net loss from continuing ops $1.4M (+142% YoY); Adjusted EBITDA loss $1.5M (vs $0.2M loss).
IPM sets 2025 annual meeting for May 8; record date March 24
Annual meeting scheduled for May 8, 2025; record date is March 24, 2025.
Company furnished an investor presentation dated February 2025 under Item 7.01.
IPM appoints Barry Sloane (NewtekOne CEO) and Sidney Rabsatt to board of directors
Barry Sloane, Chairman/CEO of NewtekOne, appointed as Newtek representative per acquisition agreement, effective Jan 7, 2025.
Acquired Newtek Technology Solutions for $4M cash and 4M shares of Series A Non-Voting Convertible Stock; up to $5M earn-out based on 2025-2026 EBITDA.
Paltalk stockholders approve 9M share issuance for NTS acquisition and asset divestiture
Proposals approved: issuance of 9,000,000 shares of Series A Non-Voting Common Equivalent Stock for NTS acquisition (5,110,567 for, 50,125 against).
Paltalk stockholders elect all five director nominees and ratify auditor at 2024 annual meeting
All five director nominees (Abada, Katz, Jenny, Laifer, Silberstein) elected with over 4.7M votes for each; broker non-votes 1,772,414.
Paltalk posts Q3 net loss of $1.5M, but wins $65.7M final judgment against Cisco
Revenue fell 23.4% YoY to $2.1M; subscription revenue down 23.9% to $2.0M.
Paltalk divests Paltalk, Camfrog, Vumber for $1.35M plus earnouts; prelude to NTS merger
Sells Paltalk, Camfrog, and Vumber applications and related assets to Meteor Mobile Holdings for $1.35M cash at closing.
Paltalk director Geoffrey Cook to step down at 2024 annual meeting; board reduces to five
Geoffrey Cook notified his decision on October 15, 2024, not to stand for reelection at the 2024 annual meeting.
Paltalk wins $65.7M final judgment against Cisco; net proceeds estimated at ~1/3
Final judgment entered Oct 8, 2024, confirms jury award of $65.7M in patent infringement case.
Paltalk sets 2024 annual meeting for Nov 13; record date Oct 18
Annual meeting date changed to November 13, 2024, more than 30 days from prior year anniversary.
Paltalk wins $65.7M jury verdict against Cisco in patent infringement suit
Jury awarded $65.7 million to Paltalk's subsidiary for Cisco infringing U.S. Patent No. 6,683,858.
Paltalk Q2 revenue down 24.7% to $2.2M, net loss $0.9M; cash $12.8M
Revenue $2.2M, down 24.7% YoY; subscription $2.1M (-26.1%), advertising $0.1M (+29.2%).
Total consideration: $4M cash plus 4M shares of Series A Non-Voting Preferred Stock (convertible to common).
Paltalk Q1 revenue up 1.3% to $2.6M; net loss narrows 33% to $0.5M
Total revenue $2.6M (+1.3% YoY); subscription $2.5M (-0.9%), advertising $0.1M (+96.7%).
Paltalk dismisses Marcum LLP as auditor, appoints Grassi & Co. for FY 2024
Audit Committee dismissed Marcum LLP as independent auditor effective March 18, 2024.
Paltalk's patent trial against Cisco delayed from April 8 to August 26, 2024
Trial in patent infringement suit against WebEx/Cisco rescheduled to August 26, 2024.
Paltalk Q4 net loss narrows 43% to $0.3M; annual net loss improves 68% to $1.1M
Total revenue Q4 $2.7M (-4% YoY); full-year revenue unchanged at $11.0M.
Paltalk Q3 revenue up 5.5% to $2.8M; net loss narrows 83% to $0.2M
Revenue $2.8M (+5.5% YoY); subscription revenue $2.7M (+5.3%).
Paltalk appoints Geoff Cook to board; grants option for 100k shares
Geoffrey Cook appointed to board effective Oct 10, 2023; board expanded from 5 to 6 directors.
Paltalk provides investor presentation at virtual tech conference; no material new data disclosed
Founded in 1998; provides multimedia social applications.
Paltalk Q2 revenue up 12% to $3.0M; net income of $0.1M vs $1.1M loss YoY
Subscriptions rose 12.7% to $2.9M; advertising fell 15.2% to $71K.
Paltalk shareholders elect directors, ratify auditor, approve charter amendment
Elected directors: Abada (4,959,046 for), Jenny (4,913,574), Katz (4,854,908), Laifer (4,959,581), Silberstein (4,957,279).
Revenue $2.6M (-12.4% YoY) with subscription -12% & advertising -27.4%.
Paltalk adjusts 2023 annual meeting start time by one hour due to scheduling conflict
Annual meeting start time changed from 9:00 a.m. to 10:00 a.m. Eastern Time on May 11, 2023.
Paltalk Q4 revenue $2.8M, net loss widens to $0.5M; full-year net loss $3.4M
Revenue decreased 10% to $2.8M in Q4 2022; subscription revenue down 8% to $2.7M.
Paltalk adopts amended and restated bylaws with enhanced stockholder proposal procedures
Clarifies hybrid meeting format and updates procedures per DGCL amendments.
Paltalk Q3 revenue down 22% to $2.6M; net loss widens 157% to $1.1M; cash $15.5M
Q3 revenue $2.6M, down 22% YoY; subscription revenue down 19% and advertising down 44%.
Paltalk Q2 revenue down 23% to $2.6M; net loss $1.1M vs profit a year ago
Revenue $2.6M (down 23% YoY); subscription revenue $2.6M (down 18% YoY).
Paltalk acquires ManyCam software assets from Visicom Media for $2.7M cash plus earn-out
Cash purchase price $2.7M for core assets including source code, customer lists, IP, brand names.
Paltalk Q1 revenue down 13% to $2.9M; net loss $0.7M vs prior-year profit
Subscription revenue fell 9% to $2.8M; advertising revenue up 5% to $0.1M.
Paltalk reports FY2021 revenue $13.3M (+3%), net income $1.3M; approves $1.75M stock buyback
Full year revenue $13.3M (+3% YoY); net income $1.3M, down 3% from $1.37M.
Paltalk publishes CEO video interview on December 15, 2021; no financial details disclosed
CEO Jason Katz gave a video interview to Proactive Investors published December 15, 2021.
Paltalk furnishes investor presentation for Sidoti Microcap Conference December 9
Company to present at Sidoti & Company Virtual Microcap Conference on December 9, 2021.
Paltalk reports Q3 revenue $3.4M (+2% YoY), net loss $0.4M; cash over $21M after offering
Revenue increased 2% to $3.4M, driven by subscription revenue of $3.15M.
Paltalk launches upgraded Rewards Points loyalty program after ending Props token partnership
Paltalk ended Props token distribution on Oct 15, 2021, converting user balances to Paltalk Rewards Points.
Paltalk closes $11.64M public offering, including full over-allotment exercise
Gross proceeds of approximately $11.64 million from sale of 1,552,500 shares (including full exercise of 202,500-share over-allotment) at $7.50 per share.
Paltalk Q2 net income rises 50% to $0.8M; revenue up 1% to $3.4M; uplists to Nasdaq
Net income of $0.8M for Q2 2021, up 50% YoY; adjusted EBITDA $669k, up 12.6%.
Paltalk closes $4.0M public offering and uplists to Nasdaq under symbol PALT
Offering of 1,333,310 shares at $3.00/share, including full exercise of over-allotment (173,910 shares).
Effective as of January 7, 2025, the Board increased the size of the Board from five (5) directors to seven (7) directors and appointed Mr. Sloane to the Board
the Board appointed Sidney Rabsatt to the Board, effective as of January 7, 2025.
Adam Zalko Senior Vice President Chief Operating Officer
Jason Katz Chief Executive Officer, President and Chief Operating Officer Chief Executive Officer
appointed Jared Mills, who previously served as the President of NTS, as the Company’s President
On October 15, 2024, Geoffrey Cook, a member of the Board of Directors (the “ Board ”) of Paltalk, Inc. (the “ Company ”), notified the Company of his decision to not stand for reelection to the Board at the Company’s 2024 annual meeting of stockholders
Max materiality 0.95 · Median 0.60 · Most common event earnings