Professional Diversity Network, Inc. 2024 10-K Filed
Ticker: IPDN · Form: 10-K · Filed: Mar 31, 2025 · CIK: 1546296
| Field | Detail |
|---|---|
| Company | Professional Diversity Network, INC. (IPDN) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, revenue
TL;DR
PDN 2024 10-K: Assets $1.8M, Liab $1.1M. Revs from memberships & recruitment services.
AI Summary
Professional Diversity Network, Inc. filed its 2024 10-K on March 31, 2025, reporting total assets of $1,823,327 and total liabilities of $1,145,253 for the fiscal year ending December 31, 2024. The company's revenue from Membership Fees and Related Services was $1,823,275, while Recruitment Services generated $1,145,201. The filing also details stock-based compensation, with restricted stock awards noted.
Why It Matters
This filing provides a year-end financial snapshot of Professional Diversity Network, Inc., detailing its assets, liabilities, and revenue streams, which is crucial for investors and stakeholders to assess the company's performance and financial health.
Risk Assessment
Risk Level: medium — The company's financial figures, including significant liabilities relative to assets, suggest a moderate risk profile that warrants further investigation into its operational efficiency and market position.
Key Numbers
- $1.82M — Total Assets (As of December 31, 2024)
- $1.15M — Total Liabilities (As of December 31, 2024)
- $1.82M — Membership Fees and Related Services Revenue (For the fiscal year ended December 31, 2024)
- $1.15M — Recruitment Services Revenue (For the fiscal year ended December 31, 2024)
- 45,000,000 — Authorized Shares (Common stock authorized)
Key Players & Entities
- Professional Diversity Network, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-31 (date) — Filing date
- $1,823,327 (dollar_amount) — Total assets
- $1,145,253 (dollar_amount) — Total liabilities
- $1,823,275 (dollar_amount) — Membership Fees and Related Services revenue
- $1,145,201 (dollar_amount) — Recruitment Services revenue
FAQ
What was Professional Diversity Network, Inc.'s net income for the fiscal year ended December 31, 2024?
The provided snippet does not explicitly state the net income for the fiscal year ended December 31, 2024. It details revenues, assets, and liabilities.
What is the company's primary business activity based on its SIC code?
The company's Standard Industrial Classification (SIC) code is 7370, which corresponds to SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
What were the specific amounts for Contracted Software Development revenue in 2024?
The provided snippet indicates the period for Contracted Software Development revenue (2024-01-01 to 2024-12-31) but does not list the specific dollar amount.
What is the company's principal executive office address?
The company's business address is 55 EAST MONROE STREET, SUITE 2120, CHICAGO, IL 60603.
What was the total number of shares outstanding as of December 31, 2024?
The filing indicates '1,145,253' shares outstanding for the period ending December 31, 2024, in the context of 'shares' and 'iso4217:USD'.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Professional Diversity Network, Inc. (IPDN).