Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Professional Diversity Network, Inc.IPDN · business equipment
GradeBearEweakest fifth of 497 graded peers; percentile 93.8, sampling error 2.2 points; lower is stronger
Rank466 of 497
ProfitabilityCpercentile 57.0
SolvencyEpercentile 92.2
Growth and financingDpercentile 62.8
Reliability0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025
Peer failure rate1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$12.5M to $120M assetstotal assets $17.9M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsdilution, short runwaynot computable: distress, fortress balance sheet
Inputs computable8 of 14
Graded fromfilings received through Mar 31, 2026192 days before the rescan; every figure keyed to the SEC receipt date
Last close$4.292026-10-08; market equity $2.1M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$5NovDecJanFebMarAprMayJunJulAugSepOctE$4.21
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Apr 21, 2014nonen/aQ2
Apr 21, 2019nonen/aQ1
Apr 21, 2022E91.9Q1
Apr 21, 2026E95.4Q2

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 31, 2026; the document on sec.gov.

The Company is a dynamic operator of professional networks with a focus on talent acquisition and professional development. Our networks provide access to a robust audience across multiple demographics. We serve a variety of such communities, including Women, Hispanic Americans, African Americans, Asian Americans, persons with disabilities, Military Professionals, and Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ+).

Warnings [top]

Dilution. split-adjusted year-over-year share growth is 391.8%[3-4]
Short runway. cash runway is 0.8 months[5]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 57.0
Gross profitability15.8%[1-2,6]28.5%70.75582025-12-31
Return on invested capitalnot computable10.9%
one or more required annual facts are missing
Accruals ratio(33.8%)[1,7-9](7.4%)11.36212025-12-31
Gross margin stability, five years11.0 pts[2,6,10-17]2.4 pts89.04292025-12-31
Solvency, sleeve percentile 92.2
Twelve-month failure probabilitynot computable0.05%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime(21.93)[1,18-23]2.1889.25662025-12-31
Net debt to EBITDAnot computable1.11x
one or more required annual facts are missing
Interest coveragenot computable3.77x
interest expense must exceed $100,000
Current ratio0.39x[18-19]2.02x95.26662025-12-31
Growth and financing, sleeve percentile 62.8
Revenue growth, three-year compound(7.7%)[2,10,12,14]6.4%83.45382025-12-31
Free cash flow growth, three-year compoundnot computable17.2%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable14.3%
NOPAT must exceed $100,000
Asset growth, three years37.7%[1,9,24-25]5.0%7.85632025-12-31
Net share issuance, one year391.8%[3-4]0.5%97.34072026-03-31

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.461; sampling error 2.2 percentile points on 497 peers.

Among 497 Peers [top]

ABCDENVDA, Nvidia Corp.; A, percentile 3.0; market equity $5.6T; warnings: fortress balance sheetNVDAMSFT, Microsoft Corp.; A, percentile 8.7; market equity $3.9TMSFTAMD, Advanced Micro Devices Inc.; A/B, percentile 20.2; market equity $1.0T; warnings: fortress balance sheetAMDAAPL, Apple Inc.; B, percentile 35.5; market equity $5.0TAAPLMU, Micron Technology Inc.; B/C, percentile 40.9; market equity $1.2TMUAVGO, Broadcom Inc.; C, percentile 53.2; market equity $1.7TAVGOIPDN 93.8strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
461EyePoint, Inc. (EYPT)

EyePoint, Inc. (EYPT)

Eweakest fifth; percentile 92.7

Nasdaq · Laboratory Analytical Instruments

market equity $298.3M; last close $3.47

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

92.7Eshort runway, fortress balance sheet
462Bridgeline Digital, Inc. (BLIN)

Bridgeline Digital, Inc. (BLIN)

Eweakest fifth; percentile 92.9

Nasdaq · Services-Prepackaged Software

market equity $9.5M; last close $0.78

Warnings: fortress balance sheet; 9 of 14 inputs

92.9Efortress balance sheet
463Upland Software, Inc. (UPLD)

Upland Software, Inc. (UPLD)

Eweakest fifth; percentile 93.1

Nasdaq · Services-Prepackaged Software

market equity $10.5M; last close $3.55

No active warnings; 9 of 14 inputs

93.1E
464Inseego Corp. (INSG)

Inseego Corp. (INSG)

Eweakest fifth; percentile 93.3

Nasdaq · Communications Equipment, NEC

market equity $73.2M; last close $4.46

Warnings: short runway; 9 of 14 inputs

93.3Eshort runway
4653D Systems Corp. (DDD)

3D Systems Corp. (DDD)

Eweakest fifth; percentile 93.5

NYSE · Services-Prepackaged Software

market equity $556.6M; last close $3.34

Warnings: late filer; 8 of 14 inputs

93.5Elate filer
466Professional Diversity Network, Inc. (IPDN)

Professional Diversity Network, Inc. (IPDN)

Eweakest fifth; percentile 93.8

Nasdaq · Services-Computer Programming, Data Processing, Etc.

market equity $2.0M; last close $4.29

Warnings: dilution, short runway; 8 of 14 inputs

93.8Edilution, short runway
467Vuzix Corp. (VUZI)

Vuzix Corp. (VUZI)

Eweakest fifth; percentile 94.0

Nasdaq · Radio & Tv Broadcasting & Communications Equipment

market equity $214.4M; last close $2.53

Warnings: fortress balance sheet; 8 of 14 inputs

94.0Efortress balance sheet
468Smith Micro Software, Inc. (SMSI)

Smith Micro Software, Inc. (SMSI)

Eweakest fifth; percentile 94.2

Nasdaq · Services-Prepackaged Software

market equity $14.2M; last close $2.54

Warnings: dilution, short runway; 7 of 14 inputs

94.2Edilution, short runway
469Energous Corp. (WATT)

Energous Corp. (WATT)

Eweakest fifth; percentile 94.4

Nasdaq · Radio & Tv Broadcasting & Communications Equipment

market equity $62.6M; last close $11.19

Warnings: dilution; 7 of 14 inputs

94.4Edilution
470Intel Corp. (INTC)

Intel Corp. (INTC)

Eweakest fifth; percentile 94.6

Nasdaq · Semiconductors & Related Devices

market equity $540.1B; last close $107.40

No active warnings; 9 of 14 inputs

94.6E
471Cardlytics, Inc. (CDLX)

Cardlytics, Inc. (CDLX)

Eweakest fifth; percentile 94.8

Nasdaq · Services-Computer Programming, Data Processing, Etc.

market equity $11.5M; last close $1.95

Warnings: distress; 8 of 14 inputs

94.8Edistress
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE94.32204
sector peers, equal sleeves (the grade)E93.8497
same exchange, equal sleevesE92.11219
sector peers, equal inputsE92.7497

Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month2.2%2.2%50hotter than 50 of 100 peers
Distance from 52-week high(45.8%)(30.0%)32closer to its high than 32 of 100 peers
EBIT to enterprise valuenot computable1.5%required accounting or market input is missing
Free cash flow yield(103.1%)2.7%4pricier than 96 of 100 peers
Book value to price6.880.2399pricier than 1 of 100 peers
Sales to price3.230.3095pricier than 5 of 100 peers
Composite equity issuance, five years(33.5%)3.9%5more equity-funded than 5 of 100 peers
Relative strength against the sector, log excess return(0.26)(0.26)50ahead of 50 of 100 peers

Inputs: market equity $2.0M; EBIT -$6.5M; free cash flow -$2.1M; book equity $14.0M; sales $6.5M; cash $141,831[26].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero(80.8%)✗ fail[7,9]
Operating cash flow above zero-$2.1M✗ fail[8]
Return on assets improved(41.1 pts)✗ fail[7,9,24,27]
Operating cash flow exceeds net income$4.4M✓ pass[7-8]
Long-term leverage felln/a[1,9,24]
Current ratio improved(70.4 pts)✗ fail[18-19,28-29]
No new shares issued391.8%✗ fail[3-4]
Gross margin improved(17.6 pts)✗ fail[2,6,10-11]
Asset turnover improved(24.4 pts)✗ fail[2,9-10,24]
Cash, filings, liquidity
Cash and equivalents$141,831[5]
Operating cash flow, four quarters-$2.3M[5,8,30-33]
Months of runway0.8
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing56
10-Q received Aug 14, 2026
Median daily dollar volume$146,695
63 sessions
Days since newest grade input192

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$17.9M2025-12-312026-03-3110-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.5M2025-12-312026-03-3110-Kfiling · viewer · series
3shares outstandingdei:EntityCommonStockSharesOutstanding10,244,7852026-03-312026-03-3110-Kfiling · viewer · series
4shares outstandingdei:EntityCommonStockSharesOutstanding2,083,3272025-03-282025-03-3110-Kfiling · viewer · series
5cashus-gaap:CashAndCashEquivalentsAtCarryingValue$141,8312026-06-302026-08-1410-Qfiling · viewer · series
6cost of revenueus-gaap:CostOfRevenue$3.7M2025-12-312026-03-3110-Kfiling · viewer · series
7net incomeus-gaap:NetIncomeLoss-$6.5M2025-12-312026-03-3110-Kfiling · viewer · series
8operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$2.1M2025-12-312026-03-3110-Kfiling · viewer · series
9assetsus-gaap:Assets$8.0M2024-12-312026-03-3110-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.7M2024-12-312026-03-3110-Kfiling · viewer · series
11cost of revenueus-gaap:CostOfRevenue$2.6M2024-12-312026-03-3110-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$7.7M2023-12-312025-03-3110-Kfiling · viewer · series
13cost of revenueus-gaap:CostOfRevenue$3.5M2023-12-312025-03-3110-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$8.3M2022-12-312024-03-2910-Kfiling · viewer · series
15cost of revenueus-gaap:CostOfRevenue$4.3M2022-12-312024-03-2910-Kfiling · viewer · series
16revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$6.1M2021-12-312023-03-3110-Kfiling · viewer · series
17cost of revenueus-gaap:CostOfRevenue$1.5M2021-12-312023-03-3110-Kfiling · viewer · series
18current assetsus-gaap:AssetsCurrent$2.6M2025-12-312026-03-3110-Kfiling · viewer · series
19current liabilitiesus-gaap:LiabilitiesCurrent$6.6M2025-12-312026-03-3110-Kfiling · viewer · series
20retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$108.9M2025-12-312026-03-3110-Kfiling · viewer · series
21operating incomeus-gaap:OperatingIncomeLoss-$6.5M2025-12-312026-03-3110-Kfiling · viewer · series
22book equityus-gaap:StockholdersEquity$11.7M2025-12-312026-03-3110-Kfiling · viewer · series
23liabilitiesus-gaap:Liabilities$6.7M2025-12-312026-03-3110-Kfiling · viewer · series
24assetsus-gaap:Assets$6.3M2023-12-312025-03-3110-Kfiling · viewer · series
25assetsus-gaap:Assets$6.8M2022-12-312024-03-2910-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding14,450,3232026-08-142026-08-1410-Qfiling · viewer · series
27net incomeus-gaap:NetIncomeLoss-$2.5M2024-12-312026-03-3110-Kfiling · viewer · series
28current assetsus-gaap:AssetsCurrent$3.2M2024-12-312026-03-3110-Kfiling · viewer · series
29current liabilitiesus-gaap:LiabilitiesCurrent$3.0M2024-12-312026-03-3110-Kfiling · viewer · series
30operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$955,0622026-06-302026-08-1410-Qfiling · viewer · series
31operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$362,2462026-03-312026-05-1510-Qfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$3.5M2025-09-302025-11-1410-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$779,6512025-06-302026-08-1410-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 93.8 is 13.7 points from the nearest band edge; sampling error is 2.2 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.