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 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 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 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).
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 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 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 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 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 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.
Revenue $2.6M (-12.4% YoY) with subscription -12% & advertising -27.4%.
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 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 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 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