ADDED
As of March 13, 2026, the registrant had 9,085,729 * shares of common stock outstanding.
Form 10-K Summary 37 Signatures 38 Unless the context otherwise indicates, references to IPM, we, our, us and the Company refer to Intelligent Protection Management Corp.
BUSINESS Company Overview We provide a comprehensive range of IT-related services, including managed IT security services, secure private cloud hosting, managed backup and disaster recovery, professional services, procurement services, web hosting, and other related services including consulting and implementing technology solutions for large enterprise and commercial clients across the United States as well as small-and-medium sized businesses.
We also offer and support our ManyCam software, which is a live streaming software and virtual camera that allows users to deliver professional live videos on streaming platforms, video conferencing apps and distance learning tools.
On January 2, 2025 (the Closing Date ), we completed (i) the acquisition of Newtek Technology Solutions, Inc., a New York corporation ( NTS ), and such acquisition, the Acquisition ), and (ii) the sale of our telecommunications services provider, Vumber , as well as our Paltalk and Camfrog applications and certain assets and liabilities related to such services provider and applications (such sale, the Divestiture, and, together with the Acquisition, the Transactions ).
Our other products included Vumber, a telecommunications service provider.
Following the Divestiture, we are no longer engaged in the business of providing video-based, live streaming, virtual camera and telecommunications software to consumers, as and to the extent such businesses were previously conducted by us pursuant to the Vumber, Paltalk and Camfrog applications.
In addition, prior to the Closing Date, we ceased all operations of our Tinychat service and application.
Our IT and Cloud-Based Solutions We sell and provide a range of services across six core areas, each as further described below: (i) managed IT security services, (ii) secure private cloud hosting, (iii) managed backup and disaster recovery, (iv) professional services, (v) procurement services and (vi) web hosting.
As of December 31, 2025, the terms of the license agreements for the Data Centers located in Arizona and New Jersey extended through 2027 and 2026, respectively.
REMOVED
As of March 14, 2025, the registrant had 9,236,987 * shares of common stock outstanding.
EXPLANATORY NOTE On January 2, 2025 (the Closing Date ), Intelligent Protection Management Corp.
(f/k/a Paltalk, Inc.) (the Company ) completed the acquisition of Newtek Technology Solutions, Inc., a New York corporation ( NTS ), pursuant to that certain Agreement and Plan of Merger (the Acquisition Agreement ), by and among the Company, PALT Merger Sub 1, Inc., a New York corporation and a direct and wholly owned subsidiary of the Company ( First Merger Sub ), PALT Merger Sub 2, LLC, a Delaware limited liability company and a direct and wholly owned subsidiary of the Company ( Second Merger Sub ), NTS and NewtekOne, Inc., a Maryland corporation and the sole stockholder of NTS.
Following the closing of the Acquisition (the Acquisition Closing ), the Company changed its name from Paltalk, Inc.
On the Closing Date and prior to the Acquisition Closing, the Company completed the sale to Meteor Mobile Holdings, Inc., a Delaware corporation ( Meteor Mobile ), of its telecommunications services provider, Vumber , as well as its Paltalk and Camfrog applications and certain assets and liabilities related to such services provider and applications (such sale, the Divestiture, and, together with the Acquisition, the Transactions ) pursuant to that certain Asset Purchase Agreement, by and among the Company, its wholly owned subsidiaries Paltalk Holdings, Inc.
As a result of the Divestiture, the Company is no longer engaged in the business of providing video-based, live streaming, virtual camera and telecommunications software to consumers, as and to the extent such businesses were previously conducted by the Company pursuant to the Vumber, Paltalk and Camfrog applications.
In addition, prior to the Acquisition Closing, the Company ceased all operations of its Tinychat service and application.
Management s Discussion and Analysis of Financial Condition and Results of Operations relate to the Company prior to the consummation of the Transactions, other than where expressly provided therein.
The remaining sections of this Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the Annual Report on Form 10-K ), other than where expressly provided therein, relate to the Company following the Transactions.
Form 10-K Summary 40 Signatures 41 Unless the context otherwise indicates, references to IPM, we, our, us and the Company refer to Intelligent Protection Management Corp.