For the quarter ending 2025-09-30, IPM has $27,237,067 in assets. $8,473,716 in debts. $7,321,303 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Due from related party | - | 864,879 | ||
| Cash and cash equivalents | 7,321,303 | 7,286,978 | ||
| Assets held for sale current | - | 0 | ||
| Restricted cash | 1,025,176 | 1,014,714 | ||
| Accounts receivable, net of 246,595 allowance | 1,442,315 | 2,405,772 | ||
| Operating lease right-of-use assets, net | - | 0 | ||
| Due from related party-Related Party | 25,993 | - | ||
| Employee retention tax credit receivable, net | - | 114,212 | ||
| Prepaid expense and other current assets | 2,061,513 | 1,682,845 | ||
| Total current assets | 11,876,300 | 13,369,400 | ||
| Property and equipment gross | 1,157,100 | - | ||
| Less accumulated depreciation | 519,087 | - | ||
| Property and equipment, net | 638,013 | 790,680 | ||
| Intangible assets, net | 8,190,728 | 8,662,605 | ||
| Goodwill, net | 5,164,501 | 5,516,501 | ||
| Operating lease right of use assets, net | 1,353,588 | 1,483,724 | ||
| Other assets | 13,937 | 13,937 | ||
| Total assets | 27,237,067 | 29,836,847 | ||
| Accounts payable | 2,283,733 | 2,340,097 | ||
| Accrued expenses and other current liabilities | 731,400 | 1,059,940 | ||
| Operating lease liabilities, current portion | 788,138 | 768,060 | ||
| Liabilities held for sale - current | - | 0 | ||
| Deferred revenue | 3,496,847 | 3,856,401 | ||
| Earnout liability | 352,000 | 704,000 | ||
| Total current liabilities | 7,652,118 | 8,728,498 | ||
| Operating lease liabilities, non-current portion | 564,588 | 710,911 | ||
| Deferred tax liability | 257,010 | 506,683 | ||
| Total liabilities | 8,473,716 | 9,946,092 | ||
| Series a preferred stock, 0.001 par value, 9,000,000 authorized, 4,000,000 and 0 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 4,000 | 4,000 | ||
| Common stock, 0.001 par value, 50,000,000 and 25,000,000 shares authorized, as of september 30, 2025 and december 31, 2024, respectively, 9,878,950 shares issued and 9,085,729 and 9,236,987 shares outstanding as of september 30, 2025 and december 31, 2024, respectively | 9,879 | 9,879 | ||
| Treasury stock, at cost, 793,221 and 641,963 shares repurchased as of september 30, 2025 and december 31, 2024, respectively | 1,500,385 | 1,412,135 | ||
| Additional paid-in capital | 44,885,202 | 44,841,286 | ||
| Accumulated deficit | -24,635,345 | -23,552,275 | ||
| Total stockholders equity | 18,763,351 | 19,890,755 | ||
| Total liabilities and stockholders equity | 27,237,067 | 29,836,847 | ||
INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM)
INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM)