$IPDN
Professional Diversity Network Inc Stock $ipdn

$ipdn Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000121465915003962 Filed on May 14, 2015

Income Statement

Concept	2015 Q2	2015 Q1	2014 Q1
Revenue	$10.40M	$10.70M	$1.238M
YoY Change	907.36%	764.74%	34.56%
Cost Of Revenue	$1.472M	$1.712M	$366.5K
YoY Change	271.89%	367.03%	53.2%
Gross Profit	$8.927M	$8.991M	$871.2K
YoY Change	1302.45%	932.03%	28.0%
Gross Profit Margin	85.85%	84.01%	70.39%
Selling, General & Admin	$9.381M	$10.56M	$1.332M
YoY Change	602.66%	692.65%	51.92%
% of Gross Profit	105.09%	117.44%	152.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$870.3K	$934.9K	$90.91K
YoY Change	829.3%	928.44%	64.02%
% of Gross Profit	9.75%	10.4%	10.43%
Operating Expenses	$9.381M	$10.56M	$1.332M
YoY Change	602.66%	692.65%	51.92%
Operating Profit	-$1.324M	-$2.503M	-$551.9K
YoY Change	67.18%	353.59%	123.45%
Interest Expense	$29.48K	$45.63K
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$22.35K	-$29.57K	$66.25K
YoY Change	-2313.17%	-144.64%	-144.19%
Pretax Income	-$1.275M	-$2.513M	-$441.8K
YoY Change	55.26%	468.68%	54.44%
Income Tax	-$497.2K	-$969.6K	-$179.3K
% Of Pretax Income
Net Earnings	-$778.3K	-$1.543M	-$262.5K
YoY Change	59.43%	487.67%	-45.51%
Net Earnings / Revenue	-7.48%	-14.42%	-21.21%
Basic Earnings Per Share
Diluted Earnings Per Share	-$445.7K	-$968.6K	-$329.1K
COMMON SHARES
Basic Shares Outstanding	14.60M shares	12.93M shares	6.316M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q2	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$6.430M	$5.810M	$18.33M
YoY Change	-63.24%	-68.3%	-11.75%
Cash & Equivalents	$5.329M	$3.535M	$10.83M
Short-Term Investments	$1.100M	$2.280M	$7.500M
Other Short-Term Assets	$1.770M	$1.700M	$350.0K
YoY Change	436.36%	385.71%	59.09%
Inventory
Prepaid Expenses
Receivables	$2.780M	$2.981M	$960.0K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$10.97M	$10.49M	$19.64M
YoY Change	-43.33%	-46.6%	-9.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$763.5K	$788.3K	$60.50K
YoY Change	1264.47%	1202.98%	21.0%
Goodwill	$45.18M	$45.18M	$735.3K
YoY Change	6044.27%	6044.27%
Intangibles	$13.49M	$14.20M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.640M	$1.540M	$570.0K
YoY Change	20.59%	170.18%	2750.0%
Total Long-Term Assets	$61.64M	$62.21M	$2.115M
YoY Change	2059.85%	2841.78%	69.18%
TOTAL ASSETS
Total Short-Term Assets	$10.97M	$10.49M	$19.64M
Total Long-Term Assets	$61.64M	$62.21M	$2.115M
Total Assets	$72.62M	$72.70M	$21.76M
YoY Change	226.89%	234.16%	-5.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.591M	$4.561M	$399.6K
YoY Change	1071.34%	1041.62%	33.18%
Accrued Expenses	$703.1K	$1.205M	$263.5K
YoY Change	-1.0%	357.07%
Deferred Revenue
YoY Change
Short-Term Debt	$530.0K	$1.800M	$0.00
YoY Change
Long-Term Debt Due	$0.00	$20.00K
YoY Change
Total Short-Term Liabilities	$14.82M	$18.32M	$1.519M
YoY Change	500.89%	1105.91%	18.69%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$70.00K	$50.00K
YoY Change
Total Long-Term Liabilities	$70.00K	$50.00K	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$14.82M	$18.32M	$1.519M
Total Long-Term Liabilities	$70.00K	$50.00K	$0.00
Total Liabilities	$16.48M	$20.48M	$1.520M
YoY Change	567.04%	1247.24%	2.7%
SHAREHOLDERS EQUITY
Retained Earnings	-$7.416M	-$6.637M	-$1.699M
YoY Change	239.06%	290.68%
Common Stock	$144.7K	$127.3K	$63.18K
YoY Change	129.07%	101.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$37.12K	$37.12K	$11.26K
YoY Change	0.0%	229.78%
Treasury Stock Shares	8.382K shares	8.382K shares	2.200K shares
Shareholders Equity	$56.14M	$52.22M	$20.24M
YoY Change
Total Liabilities & Shareholders Equity	$72.62M	$72.70M	$21.76M
YoY Change	226.89%	234.16%	-5.41%

Cashflow Statement

Concept	2015 Q2	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	-$778.3K	-$1.543M	-$262.5K
YoY Change	59.43%	487.67%	-45.51%
Depreciation, Depletion And Amortization	$870.3K	$934.9K	$90.91K
YoY Change	829.3%	928.44%	64.02%
Cash From Operating Activities	-$2.360M	-$464.7K	-$347.1K
YoY Change	206.49%	33.87%	-138.53%
INVESTING ACTIVITIES
Capital Expenditures	-$210.0K	$26.40K	$11.60K
YoY Change	320.0%	127.67%	-52.93%
Acquisitions
YoY Change
Other Investing Activities	$1.160M	$2.870M	-$7.500M
YoY Change	-126.48%	-138.27%	-75100.0%
Cash From Investing Activities	$940.0K	$2.785M	-$7.560M
YoY Change	-121.22%	-136.84%	6717.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	3.200M	-$305.1K
YoY Change	-10766.67%
NET CHANGE
Cash From Operating Activities	-2.360M	-$464.7K	-$347.1K
Cash From Investing Activities	940.0K	$2.785M	-$7.560M
Cash From Financing Activities	3.200M	-$305.1K
Net Change In Cash	1.780M	$2.015M	-$7.907M
YoY Change	-134.03%	-125.49%	-140.25%
FREE CASH FLOW
Cash From Operating Activities	-$2.360M	-$464.7K	-$347.1K
Capital Expenditures	-$210.0K	$26.40K	$11.60K
Free Cash Flow	-$2.150M	-$491.1K	-$358.7K
YoY Change	198.61%	36.91%	-140.93%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	1469413	USD
CY2015Q1	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	62587	USD
CY2015Q1	us-gaap	Capitalized Computer Software Gross CapitalizedComputerSoftwareGross	1532000	USD
CY2014Q4	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	943343	USD
CY2015Q1	us-gaap	Capitalized Computer Software Amortization CapitalizedComputerSoftwareAmortization	90938	USD
CY2015Q1	us-gaap	Capitalized Computer Software Accumulated Amortization CapitalizedComputerSoftwareAccumulatedAmortization	1034281	USD
CY2015Q1	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	497719	USD
CY2014Q1	us-gaap	Capitalized Computer Software Amortization CapitalizedComputerSoftwareAmortization	85026	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	15555000	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1442262	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14112738	USD
CY2015Q1	us-gaap	Indefinite Lived Trade Names IndefiniteLivedTradeNames	90400	USD
CY2015Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14203138	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	1880236	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	2151300	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	2868400	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	2802233	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	2563872	USD
CY2015Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	1846697	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	1265175	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	1639487	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	1614844	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	1328241	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	101187	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	5948934	USD
CY2015Q1	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	375588	USD
CY2014	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	25412	USD
CY2015Q1	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	15000	USD
CY2014Q1	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	0	USD
CY2015Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	10229027	USD
CY2015Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-2216751	USD
CY2015Q1	ipdn	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.17
CY2015Q1	ipdn	Business Acquisition Pro Forma Weighted Average Number Of Share Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfShareOutstandingBasicAndDiluted	12725871	shares
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	Professional Diversity Network, Inc.
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001546296
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	14598072	shares
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2014Q1	ipdn	Amortization Of Prepaid License Fees AmortizationOfPrepaidLicenseFees		USD
CY2015Q1	us-gaap	Investment Income Amortization Of Premium InvestmentIncomeAmortizationOfPremium	42638	USD
CY2014Q1	us-gaap	Investment Income Amortization Of Premium InvestmentIncomeAmortizationOfPremium		USD
CY2015Q1	ipdn	Amortization Of Customer Deposits AmortizationOfCustomerDeposits	56250	USD
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	ipdn	Amortization Of Customer Deposits AmortizationOfCustomerDeposits		USD
CY2015Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	20290	USD
CY2014Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	43809	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-435763	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	-1542878	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-262543	USD
CY2015Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	934923	USD
CY2014Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	90906	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-969626	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-179267	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	122070	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation		USD
CY2015Q1	ipdn	Amortization Of Prepaid License Fees AmortizationOfPrepaidLicenseFees	56250	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-258155	USD
CY2015Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-64739	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	252547	USD
CY2015Q1	ipdn	Increase Decrease Deferred Sales Commission IncreaseDecreaseDeferredSalesCommission	137704	USD
CY2014Q1	ipdn	Increase Decrease Deferred Sales Commission IncreaseDecreaseDeferredSalesCommission		USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-379765	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	176593	USD
CY2015Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	654838	USD
CY2014Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	75076	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	308195	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-209699	USD
CY2015Q1	ipdn	Increase Decrease Deferred Rent IncreaseDecreaseDeferredRent	19767	USD
CY2014Q1	ipdn	Increase Decrease Deferred Rent IncreaseDecreaseDeferredRent		USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-464726	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-347135	USD
CY2015Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	2879000	USD
CY2014Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities		USD
CY2015Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities		USD
CY2014Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	7500341	USD
CY2015Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	62587	USD
CY2014Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	48313	USD
CY2015Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	26403	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11597	USD
CY2015Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-4850	USD
CY2014Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits		USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2785160	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7560251	USD
CY2015Q1	ipdn	Payments To Merchant Cash Reserve PaymentsToMerchantCashReserve	305110	USD
CY2014Q1	ipdn	Payments To Merchant Cash Reserve PaymentsToMerchantCashReserve		USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-305110	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2015324	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-7907386	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1519467	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18736495	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3534791	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10829109	USD
CY2015Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	4631	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	26403	USD
CY2015Q1	us-gaap	Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment	2277240	USD
CY2015Q1	us-gaap	Held To Maturity Securities Unrecognized Holding Gains HeldToMaturitySecuritiesUnrecognizedHoldingGains	803	USD
CY2015Q1	us-gaap	Held To Maturity Securities Unrecognized Holding Losses HeldToMaturitySecuritiesUnrecognizedHoldingLosses	14906	USD
CY2015Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	2263137	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid		USD
CY2015Q1	us-gaap	Interest Paid InterestPaid		USD
CY2014Q1	us-gaap	Interest Paid InterestPaid		USD
CY2015Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	2604	USD
CY2014Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		USD
CY2015Q1	ipdn	Working Capital Adjustment To Note Payable WorkingCapitalAdjustmentToNotePayable	31804	USD
CY2014Q1	ipdn	Working Capital Adjustment To Note Payable WorkingCapitalAdjustmentToNotePayable		USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	53642022	USD
CY2015Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	122070	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	52221214	USD
CY2015Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	846662	USD
CY2014Q1	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	816343	USD
CY2015Q1	us-gaap	Advertising Revenue AdvertisingRevenue	72301	USD
CY2014Q1	us-gaap	Advertising Revenue AdvertisingRevenue	421310	USD
CY2015Q1	us-gaap	Membership Dues Revenue On Going MembershipDuesRevenueOnGoing	6788680	USD
CY2014Q1	us-gaap	Membership Dues Revenue On Going MembershipDuesRevenueOnGoing		USD
CY2015Q1	ipdn	Lead Generation Revenues LeadGenerationRevenues	2759104	USD
CY2014Q1	ipdn	Lead Generation Revenues LeadGenerationRevenues		USD
CY2015Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	235693	USD
CY2014Q1	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet		USD
CY2015Q1	us-gaap	Revenues Revenues	10702440	USD
CY2014Q1	us-gaap	Revenues Revenues	1237653	USD
CY2015Q1	us-gaap	Cost Of Revenue CostOfRevenue	1711546	USD
CY2014Q1	us-gaap	Cost Of Revenue CostOfRevenue	366471	USD
CY2015Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	6615511	USD
CY2014Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	796444	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3943681	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	535696	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	934923	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	90907	USD
CY2015Q1	us-gaap	Costs And Expenses CostsAndExpenses	13205661	USD
CY2014Q1	us-gaap	Costs And Expenses CostsAndExpenses	1789518	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2503221	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-551865	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	45631	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense		USD
CY2015Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	16058	USD
CY2014Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	66246	USD
CY2015Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-29573	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	66246	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2512504	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-441810	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-969626	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-179267	USD
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.04
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12719689	shares
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6316207	shares
CY2015Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2981181	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3448748	USD
CY2015Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	2277240	USD
CY2014Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	5198878	USD
CY2015Q1	us-gaap	Deferred Sales Commission DeferredSalesCommission	1038572	USD
CY2014Q4	us-gaap	Deferred Sales Commission DeferredSalesCommission	900868	USD
CY2015Q1	us-gaap	Assets Assets	72699333	USD
CY2015Q1	ipdn	Prepaid License Fee PrepaidLicenseFee	281250	USD
CY2014Q4	ipdn	Prepaid License Fee PrepaidLicenseFee	337500	USD
CY2015Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	316318	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	381057	USD
CY2015Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	58200	USD
CY2014Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	58200	USD
CY2015Q1	us-gaap	Assets Current AssetsCurrent	10487552	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	11844718	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	788274	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	874769	USD
CY2014Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	526070	USD
CY2015Q1	us-gaap	Goodwill Goodwill	45180531	USD
CY2014Q4	us-gaap	Goodwill Goodwill	45180531	USD
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14934225	USD
CY2015Q1	ipdn	Merchant Reserve Account MerchantReserveAccount	1165959	USD
CY2014Q4	ipdn	Merchant Reserve Account MerchantReserveAccount	860849	USD
CY2015Q1	us-gaap	Security Deposit SecurityDeposit	376160	USD
CY2014Q4	us-gaap	Security Deposit SecurityDeposit	371310	USD
CY2014Q4	us-gaap	Assets Assets	74592472	USD
CY2015Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	4561370	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	4941135	USD
CY2015Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1204565	USD
CY2014Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	549727	USD
CY2015Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	10387133	USD
CY2014Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	10078938	USD
CY2015Q1	us-gaap	Customer Deposits Current CustomerDepositsCurrent	281250	USD
CY2014Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	337500	USD
CY2015Q1	us-gaap	Notes Payable Current NotesPayableCurrent	1357582	USD
CY2014Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1389386	USD
CY2015Q1	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	439790	USD
CY2014Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	437186	USD
CY2015Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	73499	USD
CY2014Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	93789	USD
CY2015Q1	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	15232	USD
CY2014Q4	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	15232	USD
CY2015Q1	us-gaap	Liabilities Current LiabilitiesCurrent	18320421	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	17842893	USD
CY2015Q1	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	45713	USD
CY2014Q4	us-gaap	Deferred Rent Credit Noncurrent DeferredRentCreditNoncurrent	25946	USD
CY2015Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	2111985	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	3081611	USD
CY2015Q1	us-gaap	Liabilities Liabilities	20478119	USD
CY2014Q4	us-gaap	Liabilities Liabilities	20950450	USD
CY2015Q1	us-gaap	Common Stock Value CommonStockValue	127280	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	127280	USD
CY2015Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	58768392	USD
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	58646322	USD
CY2015Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-6637341	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5094463	USD
CY2015Q1	us-gaap	Treasury Stock Value TreasuryStockValue	37117	USD
CY2014Q4	us-gaap	Treasury Stock Value TreasuryStockValue	37117	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	72699333	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	74592472	USD
CY2015Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2015Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12928072	shares
CY2015Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12719689	shares
CY2015Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	8382	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	25000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12928072	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12719689	shares
CY2014Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	8382	shares
CY2014Q4	us-gaap	Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment	5198878	USD
CY2014	us-gaap	Held To Maturity Securities Unrecognized Holding Gains HeldToMaturitySecuritiesUnrecognizedHoldingGains	810116	USD
CY2014	us-gaap	Held To Maturity Securities Unrecognized Holding Losses HeldToMaturitySecuritiesUnrecognizedHoldingLosses	6572	USD
CY2014Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	6002422	USD
CY2015Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	1540000	USD
CY2014Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	162000	USD
CY2015Q1	us-gaap	Prepaid Advertising PrepaidAdvertising	36511	USD
CY2014Q4	us-gaap	Prepaid Advertising PrepaidAdvertising	0	USD
CY2015Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	921358	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	318250	shares
CY2015Q1	us-gaap	Use Of Estimates UseOfEstimates	<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <p style="margin: 0pt; orphans: 0; text-align: justify; widows: 0; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"><strong>Use of Estimates -</strong></font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> The preparation of unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.</font></p> <p style="margin: 0pt; orphans: 0; widows: 0; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 8pt;"> </font></p> <p style="margin: 0pt; orphans: 0; widows: 0; font-family: 'times new roman';"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Making estimates requires management to exercise significant judgment.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited interim condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates.</font></p> </div>

Files In Submission

Name	View Source	Status
0001214659-15-003962-index-headers.html	Edgar Link	pending
0001214659-15-003962-index.html	Edgar Link	pending
0001214659-15-003962.txt	Edgar Link	pending
0001214659-15-003962-xbrl.zip	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ipdn-20150331.xml	Edgar Link	completed
ipdn-20150331.xsd	Edgar Link	pending
ipdn-20150331_cal.xml	Edgar Link	unprocessable
ipdn-20150331_def.xml	Edgar Link	unprocessable
ipdn-20150331_lab.xml	Edgar Link	unprocessable
ipdn-20150331_pre.xml	Edgar Link	unprocessable
n51215210q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$IPDN
Professional Diversity Network Inc Stock $ipdn

2015 Q2 Form 10-Q Financial Statement

#000121465915003962 Filed on May 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IPDN Professional Diversity Network Inc Stock $ipdn

2015 Q2 Form 10-Q Financial Statement

#000121465915003962 Filed on May 14, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IPDN
Professional Diversity Network Inc Stock $ipdn