IPM · INTELLIGENT PROTECTION MANAGEMENT CORP.
Intelligent Protection Management Corp. provides information technology and cloud-based solutions and services in the United States. The company offers managed IT security services, including proactive monitoring, regular system maintenance, cybersecurity management, data backup, disaster recovery, and help desk support; secure private cloud hosting; and managed backup and disaster recovery. It also provides professional services, such as cybersecurity, software planning, IT infrastructure, data center design and configuration, hybrid or cloud computing solutions, website development, systems and software development or integration, and IT cost management; procurement services; and web hosting comprising sockets layer and transport layer security encryption, firewalls, distributed denial-of-service protection, malware scanning, and secure server configurations. In addition, the company offers ManyCam, a live streaming software and virtual camera for users to deliver professional live videos on streaming platforms, video conferencing apps, and distance learning tools. It serves enterprises, commercial clients, and small-and-medium sized businesses in the finance, legal, healthcare, and manufacturing industries. The company is based in Jericho, New York.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $1.79 |
| SO | 9.0M |
| Options | 1.0M |
| Warrants | 0.0M |
| FD SO | 10.0M |
| MC | $18.0M |
| Cash | $5.7M |
| Total debt | — |
| EV | $12.3M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.5x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 9.4% |
| Insiders | 39.7% |
| # Institutions | 19 |
| Analysts | 1 |
| Consensus | — |
| Avg target | $6.50 |
| Short % float | 0.6% |
| Days to cover | 1.14 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-12. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 6.35 | 6.13 | 6.24 | 5.72 |
| Revenue YoY % | 15.2% | 2091.6% | 2164.9% | 2008.5% |
| Cost of Revenue | 3.26 | 2.87 | 3.08 | 2.86 |
| Gross Profit | 3.09 | 3.26 | 3.16 | 2.87 |
| Gross Profit YoY % | 1.3% | 1467.0% | 1343.2% | 1344.3% |
| Gross Margin % | 48.7% | 53.1% | 50.7% | 50.1% |
| SG&A | 3.29 | 3.31 | 3.47 | 3.32 |
| Operating Expense | 3.86 | 4.08 | 4.60 | 3.99 |
| Operating Income | (0.77) | (0.82) | (1.44) | (1.13) |
| Operating Income YoY % | 42.4% | 48.1% | 3.5% | (7.5%) |
| Operating Margin % | (12.1%) | (13.4%) | (23.0%) | (19.7%) |
| EBITDA | (0.29) | (0.26) | (0.81) | (0.46) |
| EBITDA Margin % | (4.6%) | (4.2%) | (13.0%) | (8.0%) |
| Pretax Income | (0.68) | (0.72) | (1.33) | (0.98) |
| Tax Provision | (0.02) | (0.09) | (0.25) | 0.07 |
| Net Income | (0.66) | (0.63) | (1.08) | (1.05) |
| Net Margin % | (10.4%) | (10.3%) | (17.4%) | (18.3%) |
| Diluted EPS | -$0.05 | -$0.05 | -$0.08 | -$0.08 |
| Basic EPS | -$0.05 | -$0.05 | -$0.08 | -$0.08 |
| Diluted Avg Shares | 13.1 | — | 13.1 | 13.2 |
| Basic Avg Shares | 13.1 | — | 13.1 | 13.2 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 24.45 | 23.61 | 1.10 | 10.98 | 10.99 |
| Revenue YoY % | 3.5% | 2049.9% | (90.0%) | (0.1%) | — |
| Cost of Revenue | 12.07 | 11.27 | 0.26 | 3.24 | 2.82 |
| Gross Profit | 12.38 | 12.34 | 0.84 | 7.74 | 8.17 |
| Gross Profit YoY % | 0.3% | 1377.1% | (89.2%) | (5.2%) | — |
| Gross Margin % | 50.6% | 52.3% | 76.1% | 70.5% | 74.3% |
| SG&A | 13.38 | 13.80 | 5.14 | 4.95 | 5.88 |
| R&D | — | — | 0.22 | 4.86 | 5.93 |
| Operating Expense | 16.53 | 17.06 | 5.96 | 9.81 | 11.82 |
| Operating Income | (4.15) | (4.72) | (5.12) | (2.07) | (3.66) |
| Operating Income YoY % | 12.0% | 7.9% | (147.4%) | 43.4% | — |
| Operating Margin % | (17.0%) | (20.0%) | (466.3%) | (18.9%) | (33.3%) |
| EBITDA | (1.82) | (4.25) | (4.30) | — | (3.59) |
| EBITDA Margin % | (7.4%) | (18.0%) | (391.5%) | — | (32.7%) |
| Interest Expense | — | — | — | 0.64 | 0.07 |
| Other Income / (Expense) | — | — | (3.44) | 1.62 | — |
| Pretax Income | (3.72) | (4.28) | (8.56) | (1.09) | (3.58) |
| Tax Provision | (0.29) | (2.33) | (0.14) | (0.02) | (0.17) |
| Net Income | (3.43) | (1.96) | (8.43) | (1.07) | (3.41) |
| Net Margin % | (14.0%) | (8.3%) | (767.2%) | (9.7%) | (31.0%) |
| Diluted EPS | -$0.26 | -$0.15 | -$0.91 | -$0.12 | -$0.35 |
| Basic EPS | -$0.26 | -$0.15 | -$0.91 | -$0.12 | -$0.35 |
| Diluted Avg Shares | 13.1 | 13.1 | 9.2 | 9.2 | 9.6 |
| Basic Avg Shares | 13.1 | 13.1 | 9.2 | 9.2 | 9.6 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 5.68 | 5.60 | 7.32 | 7.29 |
| Receivables | 2.16 | 1.60 | 1.44 | 2.41 |
| Other Current Assets | 4.53 | 4.28 | 3.11 | 3.68 |
| Total Current Assets | 12.37 | 11.47 | 11.88 | 13.37 |
| Net PPE | 0.51 | 0.55 | 0.64 | 0.79 |
| Operating Lease ROU | 4.19 | 1.14 | 1.35 | 1.48 |
| Goodwill | 4.56 | 4.56 | 5.16 | 5.52 |
| Intangible Assets | 7.36 | 7.72 | 8.19 | 8.66 |
| Other Assets | 0.55 | 0.60 | — | — |
| Total Assets | 29.53 | 26.04 | 27.24 | 29.84 |
| Accounts Payable | 2.25 | 1.60 | 2.28 | 2.34 |
| Current Lease Liabilities | 0.47 | 0.76 | 0.79 | 0.77 |
| Other Current Liabilities | 5.48 | 4.96 | 4.58 | 5.62 |
| Total Current Liabilities | 8.19 | 7.32 | 7.65 | 8.73 |
| Long-term Lease Liabilities | 3.75 | 0.39 | 0.56 | 0.71 |
| Other Liabilities | — | — | — | 0.51 |
| Total Liabilities | 12.07 | 7.85 | 8.47 | 9.95 |
| Retained Earnings | (25.93) | (25.27) | (24.64) | (23.55) |
| Total Equity | 17.47 | 18.19 | 18.76 | 19.89 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 5.68 | 5.60 | 10.59 | 13.57 | 14.74 |
| Receivables | 2.16 | 1.60 | — | 0.09 | 0.12 |
| Other Current Assets | 4.53 | 4.28 | 0.65 | 1.10 | 0.54 |
| Total Current Assets | 12.37 | 11.47 | 11.24 | 14.77 | 15.41 |
| Net PPE | 0.51 | 0.55 | — | — | — |
| Operating Lease ROU | 4.19 | 1.14 | 0.07 | 0.08 | 0.16 |
| Goodwill | 4.56 | 4.56 | 2.66 | 6.33 | 6.33 |
| Intangible Assets | 7.36 | 7.72 | 1.88 | 2.70 | 3.53 |
| Other Assets | 0.55 | 0.60 | — | — | — |
| Total Assets | 29.53 | 26.04 | 15.87 | 23.89 | 25.43 |
| Accounts Payable | 2.25 | 1.60 | 0.38 | 0.79 | 1.01 |
| Current Lease Liabilities | 0.47 | 0.76 | 0.07 | 0.08 | 0.08 |
| Other Current Liabilities | 5.48 | 4.96 | 3.09 | 2.27 | 2.57 |
| Total Current Liabilities | 8.19 | 7.32 | 3.54 | 3.14 | 3.66 |
| Long-term Debt | — | — | — | — | 0.08 |
| Long-term Lease Liabilities | 3.75 | 0.39 | — | — | 0.08 |
| Other Liabilities | — | — | — | 0.61 | 0.64 |
| Total Liabilities | 12.07 | 7.85 | 3.97 | 3.75 | 4.46 |
| Retained Earnings | (25.93) | (25.27) | (23.31) | (14.88) | (13.82) |
| Total Equity | 17.47 | 18.19 | 11.90 | 20.13 | 20.97 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (0.66) | (0.63) | (1.08) | (1.05) |
| D&A | 0.48 | 0.56 | 0.62 | 0.67 |
| Stock-Based Comp | 0.02 | 0.05 | 0.04 | 0.08 |
| Δ Working Cap & Other | (0.03) | 0.11 | 0.55 | (0.59) |
| Operating Cash Flow | (0.20) | 0.09 | 0.13 | (0.89) |
| CapEx | (0.07) | 0.00 | 0.00 | — |
| Investing Cash Flow | (0.07) | 0.00 | 0.00 | (0.28) |
| Financing Cash Flow | (0.08) | 0.00 | (0.09) | (0.21) |
| Free Cash Flow | (0.27) | 0.09 | 0.13 | — |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (3.43) | (1.96) | (8.43) | (1.07) | (3.41) |
| D&A | 2.33 | 0.47 | 0.82 | — | 0.07 |
| Stock-Based Comp | 0.20 | 0.34 | 0.15 | 0.23 | 0.33 |
| Δ Working Cap & Other | 0.03 | 2.22 | 4.43 | (0.25) | 0.05 |
| Operating Cash Flow | (0.86) | 1.08 | (3.02) | (1.08) | (2.96) |
| CapEx | — | (0.28) | — | — | (0.24) |
| Other Investing | — | (4.00) | — | — | (2.70) |
| Investing Cash Flow | (0.35) | (4.28) | — | (0.09) | (2.94) |
| Stock Buyback | — | — | — | (0.01) | — |
| Dividends Paid | — | — | — | — | (0.07) |
| Other Financing | — | 1.05 | — | — | (0.93) |
| Financing Cash Flow | (0.38) | 1.05 | 0.04 | (0.01) | (1.00) |
| Free Cash Flow | — | 0.80 | — | — | (3.20) |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 1.51 | 1.57 | 1.55 | 1.53 |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 0.69 | 0.43 | 0.45 | 0.50 |
| EBITDA Margin % | (4.6%) | (4.2%) | (13.0%) | (8.0%) |
| Working Capital | 4.17 | 4.16 | 4.22 | 4.64 |
| Net Debt | — | — | — | — |
| ROE % | (3.8%) | (3.5%) | (5.8%) | (5.3%) |
| ROA % | (2.2%) | (2.4%) | (4.0%) | (3.5%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 1.51 | 1.57 | 3.17 | 4.70 | 4.21 |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | 0.69 | 0.43 | 0.33 | 0.19 | 0.21 |
| EBITDA Margin % | (7.4%) | (18.0%) | (391.5%) | — | (32.7%) |
| Working Capital | 4.17 | 4.16 | 7.69 | 11.63 | 11.74 |
| Net Debt | — | — | — | — | (14.66) |
| ROE % | (19.6%) | (10.8%) | (70.8%) | (5.3%) | (16.3%) |
| ROA % | (11.6%) | (7.5%) | (53.1%) | (4.5%) | (13.4%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-06-09 | Adam Katz 2012 Revocable Trust | 10% Owner | 2026-04-10 | P | 19,309 | $1.79 | $34,563 |
| 2026-06-09 | Adam Katz 2012 Revocable Trust | 10% Owner | 2026-04-09 | P | 2,200 | $1.79 | $3,938 |
| 2026-06-09 | Adam Katz 2012 Revocable Trust | 10% Owner | 2026-04-08 | P | 19,951 | $1.80 | $35,912 |
| 2026-06-09 | Adam Katz 2012 Revocable Trust | 10% Owner | 2026-04-07 | P | 21,512 | $1.80 | $38,722 |
| 2026-05-26 | Katz Jason | Director, Officer (Chief Executive Officer), 10% Owner | 2026-05-21 | P | 10,000 | $1.97 | $19,700 |
| 2026-05-22 | SLOANE BARRY | Director | 2026-05-21 | P | 5,000 | $1.95 | $9,750 |
| 2026-05-20 | Silberstein John | Director | 2026-05-19 | P | 1,000 | $1.92 | $1,920 |
| 2026-05-18 | Abada Yoram | Director | 2026-05-15 | P | 1,000 | $1.89 | $1,890 |
| 2026-03-24 | Rabsatt Sidney E. | Director | 2026-03-20 | A | 10,000 | — | $0 |
| 2026-03-24 | Zalko Adam | Officer (Chief Operating Officer) | 2026-03-20 | A | 20,000 | — | $0 |
| 2026-03-24 | Laifer Lance | Director | 2026-03-20 | A | 10,000 | — | $0 |
| 2026-03-24 | Abada Yoram | Director | 2026-03-20 | A | 10,000 | — | $0 |
| 2026-03-24 | Silberstein John | Director | 2026-03-20 | A | 10,000 | — | $0 |
| 2026-03-24 | Jenny Kara B | Director, Officer (Chief Financial Officer) | 2026-03-20 | A | 20,000 | — | $0 |
| 2026-03-24 | Mills Jared | Officer (President) | 2026-03-20 | A | 20,000 | — | $0 |
| 2026-03-24 | Katz Jason | Director, Officer (Chief Executive Officer) | 2026-03-20 | A | 50,000 | — | $0 |
| 2025-03-31 | Laifer Lance | Director | 2025-03-27 | A | 10,000 | — | $0 |
| 2025-03-31 | Abada Yoram | Director | 2025-03-27 | A | 10,000 | — | $0 |
| 2025-03-31 | Silberstein John | Director | 2025-03-27 | A | 10,000 | — | $0 |
| 2025-03-31 | Rabsatt Sidney E. | Director | 2025-03-27 | A | 10,000 | — | $0 |
| 2025-01-08 | Laifer Lance | Director | 2025-01-07 | A | 15,000 | — | $0 |
| 2025-01-08 | Katz Jason | Director, Officer (CEO & Chairman) | 2025-01-07 | A | 25,000 | — | $0 |
| 2025-01-08 | Jenny Kara B | Director, Officer (Chief Financial Officer) | 2025-01-07 | A | 25,000 | — | $0 |
| 2025-01-08 | Zalko Adam | Officer (Chief Operating Officer) | 2025-01-07 | A | 25,000 | — | $0 |
| 2025-01-08 | Abada Yoram | Director | 2025-01-07 | A | 15,000 | — | $0 |
| 2025-01-08 | Silberstein John | Director | 2025-01-07 | A | 15,000 | — | $0 |
| 2025-01-08 | Rabsatt Sidney E. | Director | 2025-01-07 | A | 15,000 | — | $0 |
| 2025-01-08 | Mills Jared | Officer (President) | 2025-01-07 | A | 100,000 | — | $0 |
| 2024-11-19 | Katz Jason | Director, Officer (CEO, President, COO & Chairman) | 2024-11-18 | P | 4,291 | $1.78 | $7,638 |
| 2024-11-19 | Katz Jason | Director, Officer (CEO, President, COO & Chairman) | 2024-11-15 | P | 2,600 | $1.77 | $4,602 |
| 2024-11-18 | Abada Yoram | Director | 2024-11-15 | P | 3,000 | $1.89 | $5,670 |
| 2024-09-09 | Abada Yoram | Director | 2024-09-06 | P | 2,500 | $3.03 | $7,575 |
| 2024-09-06 | Katz Jason | Director, Officer (CEO, President, COO & Chairman) | 2024-09-05 | P | 25,000 | $2.73 | $68,250 |
| 2024-08-28 | J. Crew Delaware Trust B | 10% Owner | 2024-08-26 | S | (4,853) | $4.96 | -$24,071 |
| 2024-08-26 | J. Crew Delaware Trust B | 10% Owner | 2024-08-23 | S | (1,800) | $4.96 | -$8,928 |