Paltalk, Inc. financial data

Symbol
PALT on Nasdaq
Industry
Services-Business Services, NEC
Location
30 Jericho Executive Plaza, Suite 400 E, Jericho, NY
State of incorporation
Delaware
Fiscal year end
December 31
Former names
PeerStream, Inc. (to 5/7/2020), Snap Interactive, Inc (to 3/8/2018), eTwine Holdings, Inc (to 11/7/2007)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 477 % +6.42%
Debt-to-equity 18.3 % -9.02%
Return On Equity -10.3 % +2%
Return On Assets -8.1 % +5.37%
Operating Margin -17.5 % +51.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.22M shares 0%
Common Stock, Shares, Outstanding 9.22M shares 0%
Entity Public Float 14.7M USD +44.5%
Common Stock, Value, Issued 9.86K USD 0%
Weighted Average Number of Shares Outstanding, Basic 9.22M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 9.22M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 11M USD +3.64%
Revenue from Contract with Customer, Excluding Assessed Tax 2.22M USD -24.7%
Cost of Revenue 3.29M USD +6.64%
Research and Development Expense 4.87M USD -7.98%
Selling and Marketing Expense 786K USD -31.7%
General and Administrative Expense 4.15M USD -6.8%
Costs and Expenses 13.1M USD -6.33%
Operating Income (Loss) -2.82M USD +7.51%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.03M USD +11.3%
Income Tax Expense (Benefit) -139K USD -49.9%
Net Income (Loss) Attributable to Parent -1.89M USD +11.9%
Earnings Per Share, Basic -0.2 USD/shares +9.09%
Earnings Per Share, Diluted -0.2 USD/shares +9.09%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.8M USD -6.26%
Accounts Receivable, after Allowance for Credit Loss, Current 92.8K USD -26.8%
Assets, Current 13.7M USD -7.35%
Property, Plant and Equipment, Net 4.28K USD -96%
Operating Lease, Right-of-Use Asset 116K USD -1.64%
Intangible Assets, Net (Excluding Goodwill) 2.29M USD -26.4%
Goodwill 6.33M USD 0%
Other Assets, Noncurrent 13.9K USD 0%
Assets 22.5M USD -7.84%
Accounts Payable, Current 812K USD +19.6%
Employee-related Liabilities, Current 17.8K USD -86.8%
Accrued Liabilities, Current 65.5K USD -66.2%
Contract with Customer, Liability, Current 1.89M USD
Liabilities, Current 3.1M USD -1.43%
Deferred Income Tax Liabilities, Net 543K USD -26%
Operating Lease, Liability, Noncurrent 34.1K USD
Liabilities 3.67M USD -6.04%
Retained Earnings (Accumulated Deficit) -16.3M USD -13.1%
Stockholders' Equity Attributable to Parent 18.8M USD -8.19%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 20.5M USD -11.7%
Liabilities and Equity 22.5M USD -7.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -521K USD +35.1%
Net Cash Provided by (Used in) Financing Activities -7.21K USD
Common Stock, Shares Authorized 25M shares 0%
Common Stock, Shares, Issued 9.86M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -810K USD +34.3%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.8M USD -6.26%
Deferred Tax Assets, Valuation Allowance 6.1M USD +1.91%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.19 pure +196%
Deferred Tax Assets, Gross 6.19M USD +1%
Operating Lease, Liability 116K USD
Depreciation 167K USD -41.2%
Lessee, Operating Lease, Liability, to be Paid 118K USD -2.31%
Property, Plant and Equipment, Gross 2.51M USD -37%
Operating Lease, Liability, Current 82.3K USD -1.24%
Lessee, Operating Lease, Liability, to be Paid, Year Two 21.2K USD -75%
Lessee, Operating Lease, Liability, to be Paid, Year One 75.4K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) -118K USD -138%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.22K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 21.2K USD -75%
Current Income Tax Expense (Benefit) -13.2K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 77.9K USD +0%
Operating Lease, Payments 20.4K USD +2.32%
Additional Paid in Capital 36.3M USD +0.59%
Amortization of Intangible Assets 822K USD 0%
Depreciation, Depletion and Amortization 13.4K USD -70.9%
Deferred Tax Assets, Net of Valuation Allowance 115K USD
Share-based Payment Arrangement, Expense 32.3K USD -43.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares