$IPDN
Professional Diversity Network Inc

2015 Q1 Form 10-K Financial Statement

#000121465915002738 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 2013 Q4
Revenue $10.70M $11.64M $1.160M
YoY Change 764.74% 188.59% -18.31%
Cost Of Revenue $1.712M $2.154M $430.0K
YoY Change 367.03% 86.88% 230.77%
Gross Profit $8.991M $9.490M $730.0K
YoY Change 932.03% 229.27% -43.41%
Gross Profit Margin 84.01% 81.5% 62.93%
Selling, General & Admin $10.56M $14.43M $1.500M
YoY Change 692.65% 212.74% 72.41%
% of Gross Profit 117.44% 152.09% 205.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $934.9K $1.084M $100.0K
YoY Change 928.44% 285.04% 233.33%
% of Gross Profit 10.4% 11.43% 13.7%
Operating Expenses $10.56M $14.43M $1.600M
YoY Change 692.65% 212.74% 79.78%
Operating Profit -$2.503M -$5.598M -$870.0K
YoY Change 353.59% 178.44% -317.5%
Interest Expense $45.63K $3.370K $20.00K
YoY Change -97.83% -150.0%
% of Operating Profit
Other Income/Expense, Net -$29.57K -$1.114M
YoY Change -144.64% 713.11%
Pretax Income -$2.513M -$6.720M -$850.0K
YoY Change 468.68% 269.81% -336.11%
Income Tax -$969.6K -$3.062M -$300.0K
% Of Pretax Income
Net Earnings -$1.543M -$3.658M -$550.0K
YoY Change 487.67% 154.67% -252.78%
Net Earnings / Revenue -14.42% -31.42% -47.41%
Basic Earnings Per Share
Diluted Earnings Per Share -$968.6K -$3.660M -$696.2K
COMMON SHARES
Basic Shares Outstanding 12.93M shares 6.318M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.810M $6.720M $18.74M
YoY Change -68.3% -64.14% 1573.21%
Cash & Equivalents $3.535M $1.520M $18.74M
Short-Term Investments $2.280M $5.200M $0.00
Other Short-Term Assets $1.700M $1.680M $100.0K
YoY Change 385.71% 1580.0% 66.67%
Inventory
Prepaid Expenses $99.09K
Receivables $2.981M $3.450M $1.218M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.49M $11.84M $20.05M
YoY Change -46.6% -40.95% 545.5%
LONG-TERM ASSETS
Property, Plant & Equipment $788.3K $870.0K $54.78K
YoY Change 1202.98% 1640.0% 57.13%
Goodwill $45.18M $735.3K
YoY Change 6044.27% 0.0%
Intangibles $14.20M $90.40K
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.540M $1.230M
YoY Change 170.18% 215.38%
Total Long-Term Assets $62.21M $62.75M $1.966M
YoY Change 2841.78% 3085.28% -2.64%
TOTAL ASSETS
Total Short-Term Assets $10.49M $11.84M $20.05M
Total Long-Term Assets $62.21M $62.75M $1.966M
Total Assets $72.70M $74.59M $22.02M
YoY Change 234.16% 238.74% 329.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.561M $4.940M $223.0K
YoY Change 1041.62% 2145.45% -15.87%
Accrued Expenses $1.205M $550.0K $188.5K
YoY Change 357.07% 1275.0% 120.87%
Deferred Revenue
YoY Change
Short-Term Debt $1.800M $1.830M $0.00
YoY Change
Long-Term Debt Due $20.00K $20.00K
YoY Change
Total Short-Term Liabilities $18.32M $17.84M $1.521M
YoY Change 1105.91% 1073.68% 78.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $50.00K $30.00K
YoY Change
Total Long-Term Liabilities $50.00K $30.00K $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.32M $17.84M $1.521M
Total Long-Term Liabilities $50.00K $30.00K $0.00
Total Liabilities $20.48M $20.95M $1.521M
YoY Change 1247.24% 1278.29% -34.95%
SHAREHOLDERS EQUITY
Retained Earnings -$6.637M -$1.436M
YoY Change 290.68%
Common Stock $127.3K $63.18K
YoY Change 101.45% 81.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $37.12K $11.26K
YoY Change 229.78%
Treasury Stock Shares 8.382K shares 2.200K shares
Shareholders Equity $52.22M $53.64M $20.50M
YoY Change
Total Liabilities & Shareholders Equity $72.70M $74.59M $22.02M
YoY Change 234.16% 238.74% 329.54%

Cashflow Statement

Concept 2015 Q1 2014 2013 Q4
OPERATING ACTIVITIES
Net Income -$1.543M -$3.658M -$550.0K
YoY Change 487.67% 154.67% -252.78%
Depreciation, Depletion And Amortization $934.9K $1.084M $100.0K
YoY Change 928.44% 285.04% 233.33%
Cash From Operating Activities -$464.7K -$8.790M -$930.0K
YoY Change 33.87% 2015.6% -255.0%
INVESTING ACTIVITIES
Capital Expenditures $26.40K $37.85K -$120.0K
YoY Change 127.67% -1.49% -52.0%
Acquisitions $3.111M
YoY Change 2188.17%
Other Investing Activities $2.870M -$5.290M $10.00K
YoY Change -138.27% -2134.62%
Cash From Investing Activities $2.785M -$8.614M -$110.0K
YoY Change -136.84% 1734.01% -56.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $25.86K
YoY Change 129.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$305.1K $187.3K -50.00K
YoY Change -99.0% -96.35%
NET CHANGE
Cash From Operating Activities -$464.7K -$8.790M -930.0K
Cash From Investing Activities $2.785M -$8.614M -110.0K
Cash From Financing Activities -$305.1K $187.3K -50.00K
Net Change In Cash $2.015M -$17.22M -1.090M
YoY Change -125.49% -196.36% 6.86%
FREE CASH FLOW
Cash From Operating Activities -$464.7K -$8.790M -$930.0K
Capital Expenditures $26.40K $37.85K -$120.0K
Free Cash Flow -$491.1K -$8.828M -$810.0K
YoY Change 36.91% 1844.85% -195.29%

Facts In Submission

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