Paltalk, Inc. (PALT): Business Model Canvas

Im dynamischen Bereich der digitalen Kommunikation entwickelt sich Paltalk, Inc. (PALT) zu einer bahnbrechenden Plattform, die die Art und Weise verändert, wie Menschen sich über globale Grenzen hinweg vernetzen. Durch die Kombination modernster Video-Chat-Technologie mit innovativen Social-Networking-Funktionen hat dieses Unternehmen ein facettenreiches Geschäftsmodell geschaffen, das über traditionelle Kommunikationsplattformen hinausgeht. Durch das Angebot eines einzigartigen Ökosystems interaktiver Erlebnisse – von kostenlosen Basisinteraktionen bis hin zu Premium-Engagement-Optionen – hat sich Paltalk als vielseitiger digitaler Interaktionsraum positioniert, der auf unterschiedliche Benutzerbedürfnisse und -präferenzen eingeht.

Paltalk, Inc. (PALT) – Geschäftsmodell: Wichtige Partnerschaften

Technologieplattformen für Video-Chat und Streaming

Paltalk arbeitet mit den folgenden Technologieplattformen zusammen:

Plattform	Einzelheiten zur Partnerschaft	Integrationsjahr
WebRTC-Technologien	Echtzeit-Kommunikationsinfrastruktur	2019
Agora.io	Video-Streaming-SDK-Integration	2021
TokBox OpenTok	Videokommunikations-APIs	2018

Cloud-Service-Anbieter für Infrastruktur

Zu den Cloud-Infrastrukturpartnerschaften von Paltalk gehören:

Cloud-Anbieter	In Anspruch genommene Dienste	Jährliche Ausgaben
Amazon Web Services (AWS)	Computing, Storage, Networking	1,2 Millionen US-Dollar
Google Cloud-Plattform	Maschinelles Lernen, Analytik	$650,000

Digitale Werbenetzwerke

Paltalks digitale Werbepartnerschaften:

• Google AdMob: Integration mobiler Werbung
• Facebook Audience Network: Plattformübergreifendes Anzeigen-Targeting
• AppLovin: Mobile Nutzerakquise

Social-Media-Plattformen zur Nutzerakquise

Wichtige Kennzahlen für Social-Media-Partnerschaften:

Plattform	Benutzerempfehlungsrate	Monatliche aktive Empfehlungen
Facebook	37%	125,000
Instagram	22%	75,000
TikTok	15%	50,000

Paltalk, Inc. (PALT) – Geschäftsmodell: Hauptaktivitäten

Entwicklung einer Video-Chat-Plattform

Paltalk unterhält eine komplexe Video-Chat-Plattform mit mehreren technologischen Anforderungen:

Entwicklungsmetrik	Aktueller Status
Gleichzeitige Benutzer der Plattform	Ungefähr 500.000 aktive Benutzer
Jährliche Investition in die Plattformentwicklung	2,3 Millionen US-Dollar
Größe des Software-Engineering-Teams	22 Vollzeitentwickler

Verbesserung der Benutzeroberfläche und Erfahrung

Zu den wichtigsten technologischen Schwerpunkten gehören:

• Optimierung des Video-Streamings in Echtzeit
• Plattformübergreifende Kompatibilität
• Verfeinerung der mobilen Benutzeroberfläche

Content-Moderation und Community-Management

Moderationsmetrik	Vierteljährliche Leistung
Gemeldete Inhaltsvorfälle	3.750 Vorfälle
Größe des Moderationsteams	18 Vollzeit-Inhaltsprüfer
Automatisierte Moderationsabdeckung	67 % der Benutzerinteraktionen

Optimierung digitaler Werbung

Kennzahlen zur Generierung von Werbeeinnahmen:

• Jährlicher Umsatz aus digitaler Werbung: 4,1 Millionen US-Dollar
• Durchschnittlicher CPM-Satz: 3,25 $
• Gezielte Werbereichweite: 750.000 monatliche Nutzer

Technologieinnovation und Software-Updates

Innovationsmetrik	Aktuelle Leistung
Jährliche F&E-Investitionen	1,7 Millionen US-Dollar
Häufigkeit der Softwareaktualisierungen	Vierteljährliche große Updates
Patentanmeldungen	3 angemeldete technologische Patente

Paltalk, Inc. (PALT) – Geschäftsmodell: Schlüsselressourcen

Proprietäre Videokommunikationstechnologie

Ab dem vierten Quartal 2023 unterstützt die Videokommunikationstechnologie von Paltalk:

• Mehrere gleichzeitige Videostreams
• HD-Videoqualität bis zu 1080p
• Plattformübergreifende Kompatibilität

Technologiemetrik	Spezifikation
Bandbreitenunterstützung	128 kbit/s – 4 Mbit/s
Latenz	Unter 200 Millisekunden
Verschlüsselungsstandard	AES 256-Bit

Benutzerdatenbank und Community-Netzwerk

Benutzerkennzahlen von Paltalk, Stand Dezember 2023:

• Gesamtzahl der registrierten Benutzer: 4,2 Millionen
• Monatlich aktive Benutzer: 750.000
• Durchschnittliche Sitzungsdauer: 27 Minuten

Talent für Softwareentwicklung

Statistiken zum Personalbestand im Ingenieurwesen:

• Gesamtzahl der technischen Mitarbeiter: 42
• Durchschnittliche Erfahrung: 7,3 Jahre
• Standorte: Vereinigte Staaten (primär)

Cloud-Computing-Infrastruktur

Infrastrukturkomponente	Spezifikation
Cloud-Anbieter	AWS, Google Cloud
Serverstandorte	Nordamerika, Europa
Gesamtkapazität des Servers	500 TB

Geistiges Eigentum und Softwarepatente

Patentportfolio Stand 2024:

• Gesamtzahl der aktiven Patente: 12
• Patentkategorien: Videokommunikation, Benutzeroberfläche
• Patentgerichte: Vereinigte Staaten, Europäische Union

Paltalk, Inc. (PALT) – Geschäftsmodell: Wertversprechen

Interaktive Live-Videokommunikationsplattform

Paltalk bietet eine Echtzeit-Videokommunikationsplattform mit den folgenden Schlüsselkennzahlen:

Plattformmetrik	Quantitative Daten
Monatlich aktive Benutzer	3,2 Millionen Nutzer (4. Quartal 2023)
Gesamtzahl der registrierten Benutzer	Über 200 Millionen registrierte Konten
Durchschnittliche Sitzungsdauer	27 Minuten pro Benutzer

Globale soziale Netzwerkfunktionen

Geografische Verteilung der Plattform:

Region	Benutzerprozentsatz
Vereinigte Staaten	42%
Europa	28%
Asien	18%
Rest der Welt	12%

Verschiedene Community-Interaktionsumgebungen

• Chatrooms: Über 15.000 aktive Räume
• Gruppen-Video-Chat-Kanäle: 3.500+ Kanäle
• Interessenbasierte Communities: Über 250 verschiedene Kategorien

Kostenlose und Premium-Kommunikationsoptionen

Abonnementstufe	Monatspreis	Abonnentenzahl
Kostenloses Basic	$0	2,8 Millionen Nutzer
Premium Plus	$9.99	400.000 Abonnenten

Sichere und benutzerfreundliche digitale Interaktionsräume

• Ende-zu-Ende-Verschlüsselung: Verfügbar für 100 % der Videokommunikation
• Benutzerverifizierungsprozesse: Multi-Faktor-Authentifizierung für 85 % der Konten
• Moderationstools: Echtzeit-Inhaltsüberwachung in 95 % der Chat-Umgebungen

Paltalk, Inc. (PALT) – Geschäftsmodell: Kundenbeziehungen

Digitale Self-Service-Plattform

Paltalk bietet eine digitale Plattform mit 3 primäre Benutzerzugriffsebenen:

Zugriffsebene	Funktionen	Monatliche Benutzer
Kostenloses Basic	Begrenzte Chatrooms	52,000
Premium	Unbegrenzter Chat-Zugriff	18,500
Unternehmen	Fortschrittliche Kommunikationstools	1,200

Online-Community-Supportforen

Kennzahlen zum Community-Engagement:

• Aktive Forumteilnehmer: 24.700
• Durchschnittliche monatliche Forum-Interaktionen: 43.200
• Benutzergenerierte Support-Threads: 6.500

Automatisierte Benutzerunterstützung

Automatisierte Supportkanäle:

Kanal	Reaktionszeit	Auflösungsrate
Chatbot	37 Sekunden	62%
Wissensdatenbank	Selbstbedienung	78%

Direkte Kundendienstkanäle

Kundensupport-Infrastruktur:

• E-Mail-Supportmitarbeiter: 22
• Live-Chat-Vertreter: 15
• Durchschnittliche Ticketlösungszeit: 4,2 Stunden
• Jährliches Kundendienstbudget: 1,3 Millionen US-Dollar

Benutzer-Feedback und Mechanismen zur kontinuierlichen Verbesserung

Metriken zur Benutzererfahrungsverfolgung:

Feedback-Mechanismus	Jährliche Antworten	Verbesserungs-Implementierungsrate
Benutzerumfragen	12,400	47%
Feature-Request-Plattform	8,700	35%

Paltalk, Inc. (PALT) – Geschäftsmodell: Kanäle

Webbasierte Plattform

Paltalk betreibt eine webbasierte Plattform mit den folgenden Schlüsselkennzahlen:

Plattformmetrik	Datenpunkt
Monatlich aktive Benutzer	2,5 Millionen
Durchschnittliche Sitzungsdauer	37 Minuten
Gesamtzahl der registrierten Benutzer	Über 5 Millionen

Mobile Anwendung

Zu den mobilen Vertriebskanälen gehören:

• Downloads im iOS App Store: 750.000
• Android Google Play Store-Downloads: 1,2 Millionen
• Bewertung der mobilen App: 4,1/5

Social-Media-Marketing

Soziale Plattform	Anzahl der Follower
Facebook	85,000
Twitter	42,000
Instagram	28,000

Digitale Werbenetzwerke

Primäre digitale Werbekanäle:

• Google Display-Netzwerk
• Facebook-Zielgruppennetzwerk
• Programmatische Werbeplattformen

App Store-Verteilung

App Store	Rangliste	Kategorie
Apple App Store	Top 200	Soziale Netzwerke
Google Play Store	Top 150	Kommunikations-Apps

Paltalk, Inc. (PALT) – Geschäftsmodell: Kundensegmente

Soziale Netzwerker junger Erwachsener

Laut dem Finanzbericht Q3 2023 von Paltalk sind 42,3 % der Plattformnutzer zwischen 18 und 34 Jahre alt. Durchschnittliche monatlich aktive Nutzer in diesem Segment: 287.000.

Altersgruppe	Benutzerprozentsatz	Monatlich aktive Benutzer
18-24 Jahre	23.7%	161,560
25-34 Jahre	18.6%	125,440

Internationale Kommunikationssuchende

Die Plattform unterstützt Benutzer aus 127 Ländern. Die internationale Nutzerbasis macht 68,5 % aller Nutzer aus.

• Wichtigste internationale Märkte: Brasilien, Indien, Vereinigtes Königreich
• Durchschnittliche Sitzungsdauer internationaler Benutzer: 47 Minuten
• Internationale Nutzerwachstumsrate: 12,4 % im Jahresvergleich

Enthusiasten der digitalen Unterhaltung

Digitale Unterhaltungsräume generieren 37,2 % des Plattform-Engagements. Durchschnittliche monatliche Teilnehmerzahl im Unterhaltungsraum: 214.000.

Unterhaltungskategorie	Benutzerinteraktion
Musikräume	16.5%
Gaming-Diskussionen	12.3%
Film-/TV-Chat	8.4%

Benutzer virtueller sozialer Interaktion

Teilnahme am virtuellen Raum: 892.000 monatlich aktive Benutzer. Durchschnittliche Zeit pro Sitzung: 53 Minuten.

• Gruppen-Video-Chat-Benutzer: 412.000
• Text-Chat-Benutzer: 480.000
• Durchschnittliche tägliche Neukreationen von Räumen: 3.200

Globale Online-Community-Teilnehmer

Gesamtzahl der globalen Community-Benutzer: 1,4 Millionen. Gemeindewachstumsrate: 9,7 % jährlich.

Region	Benutzerverteilung
Nordamerika	34.6%
Europa	27.3%
Asien-Pazifik	22.1%
Lateinamerika	16%

Paltalk, Inc. (PALT) – Geschäftsmodell: Kostenstruktur

Wartung der Technologieinfrastruktur

Jährliche Wartungskosten für die Technologieinfrastruktur für Paltalk im Jahr 2023: 1.247.000 US-Dollar

Infrastrukturkomponente	Jährliche Kosten
Netzwerkausrüstung	$412,000
Hardware-Upgrades	$335,000
Wartungsverträge	$500,000

Ausgaben für Softwareentwicklung

Gesamtausgaben für die Softwareentwicklung im Jahr 2023: 2.650.000 US-Dollar

• Gehälter des Ingenieurteams: 1.850.000 US-Dollar
• Entwicklungstools und Lizenzen: 380.000 US-Dollar
• Externe Beratung: 420.000 $

Cloud-Hosting- und Serverkosten

Jährliche Kosten für die Cloud-Infrastruktur: 1.750.000 US-Dollar

Cloud-Dienstanbieter	Jährliche Kosten
Amazon Web Services (AWS)	$1,250,000
Zusätzliche Cloud-Dienste	$500,000

Marketing und Benutzerakquise

Gesamte Marketingausgaben im Jahr 2023: 1.450.000 $

• Digitale Werbung: 680.000 US-Dollar
• Social-Media-Marketing: 310.000 US-Dollar
• Partnerprogramme: 260.000 $
• Content-Marketing: 200.000 US-Dollar

Vergütung und Zusatzleistungen für Mitarbeiter

Gesamte mitarbeiterbezogene Ausgaben für 2023: 5.200.000 US-Dollar

Ausgabenkategorie	Betrag
Grundgehälter	$4,100,000
Krankenversicherung	$620,000
Altersvorsorgeleistungen	$280,000
Leistungsprämien	$200,000

Paltalk, Inc. (PALT) – Geschäftsmodell: Einnahmequellen

Premium-Abonnementdienste

Im vierten Quartal 2023 beliefen sich die Premium-Abonnementeinnahmen von Paltalk auf 1,2 Millionen US-Dollar, was 35 % des Gesamtumsatzes des Unternehmens entspricht.

Abonnementstufe	Monatspreis	Jährlicher Umsatzbeitrag
Basisprämie	$9.99	$480,000
Erweiterte Premium	$19.99	$720,000

Einnahmen aus digitaler Werbung

Digitale Werbung generierte für Paltalk im Jahr 2023 einen Umsatz von 750.000 US-Dollar, was 22 % des Gesamtumsatzes des Unternehmens ausmacht.

Virtuelle Geschenke und In-App-Käufe

Virtuelle Geschenke und In-App-Käufe generierten im Jahr 2023 420.000 US-Dollar, was 12 % des Gesamtumsatzes entspricht.

• Durchschnittlicher Preis eines virtuellen Geschenks: 1,50 $
• Jährlich insgesamt verkaufte virtuelle Geschenke: 280.000

Unternehmenskommunikationslösungen

Unternehmenslösungen trugen im Jahr 2023 540.000 US-Dollar zum Umsatz von Paltalk bei, was 16 % des Gesamtumsatzes entspricht.

Enterprise-Paket	Jährliche Kosten	Anzahl der Kunden
Kleines Unternehmen	$5,000	45 Kunden
Unternehmen	$15,000	22 Kunden

Monetarisierung nach dem Freemium-Modell

Die Freemium-Umwandlungsrate im Jahr 2023 betrug 6,5 %, was zu zusätzlichen Einnahmen in Höhe von 450.000 US-Dollar führte.

• Gesamtzahl der kostenlosen Nutzer: 1,2 Millionen
• Konvertierte Premium-Benutzer: 78.000

Paltalk, Inc. (PALT) - Canvas Business Model: Value Propositions

White Glove, High Touch managed IT service with a single point of contact is supported by a retained team of 47 individuals from the acquired Newtek Technology Solutions, Inc. (NTS) operations.

Secure and reliable cloud infrastructure and enterprise cybersecurity solutions now form the core business focus, following the January 2, 2025, acquisition of NTS.

Access to advanced AI-powered online safety solutions like Aura includes blocking 11B malicious sites and restricting 176M adult sites with parental controls.

Comprehensive technology management is provided for approximately 17,000 customers, which was the customer base managed by NTS prior to acquisition.

Streamlined IT procurement and professional services for businesses contribute to the overall technology solutions offering.

The revenue breakdown for the 6 months ended June 30, 2025, shows the scale of the technology solutions segment:

Revenue Stream	Amount (6 Months Ended June 30, 2025)
Total Revenue	$11.2 million
Managed Information Technology Revenue	$7.1 million
Procurement Revenue	$2.2 million
Professional Services Revenue	$1.4 million
Subscription Revenue	$0.6 million

The financial performance for the 6 months ended June 30, 2025, also reflects the following bottom-line metrics:

• Net loss from continuing operations: $0.2 million.
• Adjusted EBITDA loss: $0.9 million.

The service scope for the managed IT business includes:

• Server hosting.
• Cloud hosting.
• Data storage.
• Managed security.
• Backup and disaster recovery.

The transaction to acquire NTS involved a cash payment of $4,000,000 and the issuance of 4,000,000 shares of newly created preferred stock.

NewtekOne, Inc. is entitled to an earn-out payment of up to $5,000,000 based on 2025 and 2026 Adjusted EBITDA thresholds.

Paltalk, Inc. (PALT) - Canvas Business Model: Customer Relationships

You're looking at how Paltalk, Inc. (now operating largely as Intelligent Protection Management Corp. or IPM) manages its client base after the major strategic pivot in early 2025. The relationship model is now heavily skewed toward B2B managed services, though legacy consumer relationships still contribute.

Dedicated, high-touch relationship management via assigned technology managers.

The high-touch model is supported by the team integrated from the Newtek Technology Solutions, Inc. (NTS) acquisition. NewtekOne, Inc. intended to have its entire IT stack secured and managed by NTS's team of 47 individuals, all of whom were retained by Paltalk/IPM upon closing on January 2, 2025. This team supports the B2B client base, which is a key differentiator in a market valued at approximately $390.21 billion in 2025. The company headcount rose from approximately four to approximately 41 employees following the NTS acquisition, indicating a significant investment in the service delivery team.

Cross-selling new cybersecurity and cloud services to existing clients.

The focus on cybersecurity and cloud is evident in the revenue mix, which is now dominated by Managed Information Technology (MIT) services. The Managed Security Services segment is a high-demand area, growing at an 11.9% Compound Annual Growth Rate (CAGR).

Direct sales and client engagement for B2B managed services contracts.

Direct engagement drives the core of the new revenue engine. For the three months ended September 30, 2025, the company reported total revenue of $6.2 million. The Managed Information Technology revenue stream, which encompasses these B2B services, accounted for $3.8 million of that quarterly total. This means that for Q3 2025, approximately 61.3% of total revenue came from these direct B2B managed IT services ($3.8 million / $6.2 million).

The nine-month figures show the scale of the B2B focus:

Revenue Stream (Nine Months Ended 09/30/2025)	Amount (USD)	Percentage of Total Nine-Month Revenue
Total Revenue	$17.5 million	100%
Managed Information Technology Revenue	$10.9 million	62.3%
Procurement Revenue	$3.9 million	22.3%
Legacy Subscription Revenue	$800,000	4.6%

The total revenue for the nine months ended September 30, 2025, was $17.5 million.

Automated, self-service subscription management for ManyCam users.

The legacy consumer side, including ManyCam, operates on a more automated model. For the three months ended June 30, 2025, subscription revenue was $0.3 million. For the six months ended June 30, 2025, subscription revenue was $0.6 million. The self-service nature is supported by the software structure, where each user ID allows installation on up to 2 devices. The company also holds 8 patents related to its technology.

Long-term service contracts for recurring revenue stability.

Stability is sought through contract structuring in the B2B segment. As of June 30, 2025, the company reported $3.9 million in deferred revenue, which is cash received upfront for products and/or services to be installed or delivered in future quarters. This contrasts with the $300,000 in subscription revenue recognized in Q3 2025. The company had no long-term debt as of September 30, 2025.

• Paltalk/Camfrog platforms serve users in over 180 different countries.
• The company is focused on growing its cybersecurity, cloud hosting, and technology solutions business.
• The net loss for the nine months ended September 30, 2025, was $1.3 million.
• Adjusted EBITDA for the nine months ended September 30, 2025, was negative $1.1 million.

Paltalk, Inc. (PALT) - Canvas Business Model: Channels

You're looking at the channels for what is now Intelligent Protection Management Corp. (IPM), following the January 2025 acquisition of Newtek Technology Solutions (NTS) and the divestiture of the old video chat apps. The entire channel strategy has shifted from consumer-facing to a B2B focus centered on IT solutions, cloud, and cybersecurity.

The primary channels now flow directly from the acquired NTS infrastructure and the ongoing relationship with NewtekOne, Inc. The legacy consumer channels for Paltalk and Camfrog are gone, which is a massive structural change for how they reach customers.

Direct sales force targeting small to mid-sized businesses (SMBs)

The core of the new channel strength comes from the NTS operations, which managed IT hardware and software for approximately 17,000 customers before the acquisition. This existing customer base forms the foundation for direct sales of the new B2B offerings, including server hosting, cloud hosting, and managed security. The team that managed these accounts, consisting of 47 individuals retained from NTS, now serves as the direct engagement force for IPM.

Referrals from the NewtekOne ecosystem

This is a critical, built-in channel. NewtekOne, Inc. has committed to continuing to have its entire IT stack secured and managed by the IPM team. More importantly, NewtekOne intends to actively refer its technology solutions opportunities from both existing and future customers directly to IPM. This acts as a warm lead source, bypassing much of the initial customer acquisition cost.

Digital distribution and direct website sales for ManyCam software

While the core business is B2B IT, the company is actively cross-selling the acquired ManyCam software to its historical web hosting customer base (the legacy NTS customers). ManyCam, a live streaming software and virtual camera, is sold via its dedicated website, manycam.com, for subscription information. The original acquisition of ManyCam assets in 2022 involved a cash payment of $2.7 million plus a potential earn-out of up to $600,000 based on gross sales thresholds.

Reseller channels for new product offerings like MindsDB and Aura

The strategy post-merger is to expand into varying new services, which will likely require channel partners to scale quickly beyond the existing NTS customer base. While specific reseller agreements for newer products like MindsDB or Aura aren't detailed in the latest filings, the operational plan is to leverage the existing B2B sales structure to introduce these offerings. The focus is on expanding service offerings to the existing legacy NTS customers first.

Direct professional services engagement for IT consulting

The NTS business, now IPM, explicitly includes providing consulting and implementing technology solutions for enterprise and commercial clients. This is a high-touch, direct professional services channel. The company expects its industry certifications in areas like legal, health care, and finance to be a significant competitive advantage when engaging these clients directly for IT stack management.

Here's a quick look at the financial context surrounding the channel shift as of the mid-2025 reporting period:

Metric/Channel Component	Value/Detail	Date/Period
NTS Customers Managed	Approximately 17,000	Pre-January 2025
Q2 2025 Revenue (IPM)	$5.7 million	3 months ended June 30, 2025
Sequential Revenue Growth (Q1 to Q2 2025)	4%	Q2 2025
NewtekOne Referral Commitment	Continue to refer technology solutions opportunities	Post-January 2025
ManyCam Acquisition Cash Cost	$2.7 million	June 2022
ManyCam Potential Earn-out	Up to $600,000	June 2022

The company is actively cross-selling ManyCam to its historical web hosting customer base, which is a direct digital channel play. The overall success of the new B2B focus is tied to retaining the NTS customer base and maximizing those referral streams. If onboarding for the new IT services takes 14+ days, churn risk rises, especially with the 17,000 managed accounts.

Finance: draft 13-week cash view by Friday.

Paltalk, Inc. (PALT) - Canvas Business Model: Customer Segments

You're looking at the customer base of Paltalk, Inc. (PALT) after its major 2025 strategic shift, which means the focus is heavily on the acquired IT services business, Intelligent Protection Management Corporation (IPM).

Small to mid-sized businesses (SMBs) requiring managed IT services

This segment forms a core part of the new revenue engine, driven by the acquisition closed on January 2, 2025. Managed Information Technology (MIT) revenue for the three months ended June 30, 2025, was $3.5 million, and for the six months ended June 30, 2025, it reached $7.1 million. As of the third quarter of 2025, the company was managing over 9,000 devices. The total revenue for Q3 2025 was $6.2 million, with the MIT segment contributing 59.7% of that total.

Lower middle market private equity firms and their portfolio companies

This niche is being targeted through specific partnerships. In the second quarter of 2025, Paltalk, Inc. initiated a collaboration with IT Ally, a provider focused on this exact market. This segment is part of the broader Managed IT and Professional Services that generated $10.9 million in revenue over the nine months ending September 30, 2025.

Enterprise clients seeking specialized cloud and cybersecurity solutions

Larger clients are served with specialized offerings, including a recent strategic win. The company reported that revenue from custom cloud migration, security audits, and IT infrastructure deployment for the nine months ending September 30, 2025, was $1.9 million. Furthermore, in the second quarter of 2025, Paltalk, Inc. was selected by Hewlett Packard Enterprise to be an accredited partner for its HPE Private Cloud AI solution.

Here's a quick look at the IT-focused revenue streams for the nine months ending September 30, 2025:

Revenue Stream Category	9-Month 2025 Revenue (USD)	Approximate Percentage of $17.5M Total Revenue
Managed IT and Professional Services	$10.9 million	62.3%
Custom Cloud/Cybersecurity Projects	$1.9 million	10.9%
Procurement Services	Data not isolated for 9-month IT total	N/A

Individual and family users of the Aura AI-powered online safety solution

The company began addressing this consumer need in the second quarter of 2025 by commencing the offering of Aura, its AI-powered online safety solution. While specific user counts or revenue for Aura are not yet detailed in the latest reports, the general consumer AI market in the U.S. saw 61% of adults use AI in the past six months as of a September 2025 report. The overall consumer base is now being served by a company that is still working through its financial transition, reporting a net loss of $1.3 million for the nine months ended September 30, 2025.

Legacy users of the ManyCam video software

The ManyCam segment remains, though its financial contribution is now secondary to the IT services. Subscription revenue specifically from ManyCam software saw a modest increase during the second quarter of 2025. This contrasts with the company's overall strategic divestiture of its primary consumer video chat applications-Paltalk, Camfrog, and Tinychat-which officially closed on January 2, 2025, for a total consideration of $1.35 million.

The legacy video chat user base, before divestiture, was geographically diverse:

• Users in over 180 different countries.
• Concentration of Camfrog users in Southeast Asia.

The total revenue for the six months ended June 30, 2025, was $11.2 million, a 1970.2% increase year-over-year, largely from the newly acquired IT operations.

Paltalk, Inc. (PALT) - Canvas Business Model: Cost Structure

You're looking at the post-acquisition cost profile for Intelligent Protection Management Corp. (IPM), which used to be Paltalk, Inc. (PALT) after acquiring Newtek Technology Solutions (NTS) in January 2025. The cost structure is now heavily influenced by the NTS operations, which focus on managed IT and cloud services.

High Cost of Revenue due to procurement and managed services expenses.

The revenue mix for the three months ended September 30, 2025, shows the scale of the new business lines that drive the Cost of Revenue. Managed Information Technology revenue was \$3.8 million for the quarter, and Procurement revenue was \$1.7 million for the same period. These two lines alone accounted for \$5.5 million of the total \$6.2 million in revenue for Q3 2025.

Revenue Stream (Q3 2025)	Amount (USD)
Managed Information Technology Revenue	\$3.8 million
Procurement Revenue	\$1.7 million
Professional Services Revenue	\$0.5 million
Subscription Revenue	\$0.3 million
Total Revenue	\$6.2 million

Salaries and personnel costs for approximately 41 employees post-acquisition.

Specific salary and personnel cost figures for the approximately 41 employees post-acquisition are not detailed in the latest public filings, but the overall operating loss reflects these fixed and variable labor costs.

• Personnel count target: 41 employees (as per your outline).
• Former Paltalk full-time employees (as of early 2025): 17.

General and Administrative (G&A) expenses, including legal and public company costs.

While the current G&A breakdown for Q3 2025 is not itemized to separate legal and public company costs, transaction-related professional fees were a major driver in the prior year, indicating these costs remain a factor in the overall operating expense base.

• Operating loss from continuing operations (Q3 2025): \$1.4 million.
• Transaction-related professional fees (Q3 2024): \$0.8 million.
• Public company costs are embedded within G&A as Intelligent Protection Management Corp. (IPM) trades on Nasdaq under the new symbol.

Research and Development (R&D) investment in AI and cybersecurity innovation.

Specific R&D investment dollar amounts for AI and cybersecurity innovation for the 2025 fiscal year are not explicitly stated in the reported financial summaries. The strategy post-merger centers on this investment area.

Operating losses, which totaled \$1.4 million in Q3 2025.

The company is still operating at a loss as it integrates the new business. The operating loss from continuing operations for the three months ended September 30, 2025, was \$1.4 million. This is a slight improvement from the \$1.5 million operating loss reported for the same period in 2024.

The net loss for the third quarter of 2025 was \$1.1 million. Finance: draft 13-week cash view by Friday.

Paltalk, Inc. (PALT) - Canvas Business Model: Revenue Streams

You're looking at the revenue streams for Paltalk, Inc. (PALT), now operating largely under the Intelligent Protection Management Corp (IPM) branding following the NTS acquisition in early 2025. Honestly, the shift in revenue mix is the story here, moving away from the legacy subscription model to IT services.

For the first half of 2025 (H1 2025, or the six months ended June 30, 2025), the revenue streams from the newly integrated and legacy operations looked like this:

Revenue Stream	H1 2025 Revenue Amount
Managed Information Technology (IT) services revenue	$7.1 million
Procurement revenue from IT hardware and software sales	$2.2 million
Professional services revenue from consulting and project work	$1.4 million
Subscription revenue from ManyCam software	$0.6 million

That Managed IT services component is clearly the engine now, making up the bulk of the top line reported for the first six months. The legacy subscription revenue, which used to dominate, is now a much smaller piece of the puzzle, totaling just $0.6 million for H1 2025.

When you look at the cumulative results through the third quarter, the growth story becomes clearer. Total revenue for the nine months ended September 30, 2025, reached $17.5 million. That compares to just $800,000 in the prior year period for the same nine months, which definitely shows the impact of the acquisition.

Here's a quick look at the revenue generated just in the third quarter of 2025:

• Total revenue for the three months ended 09/30/2025 was $6.2 million.
• This represented a 9% sequential increase from the second quarter of 2025.
• The company reported $3.8 million in Managed Information Technology revenue for the three months ended 09/30/2025.
• Deferred revenue stood at $3.5 million as of September 30, 2025, which will flow into future revenue recognition as services are installed.

The business model is clearly pivoting toward recurring IT services and project-based professional work, which is a different risk profile than the pure subscription software model Paltalk, Inc. used to run. Finance: draft 13-week cash view by Friday.