Intelligent Protection Management Corp. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. Its solutions include blockchain strategy consulting, blockchain implementation, white label video solutions, and technology licensing. The firm's product portfolio includes Paltalk and Camfrog. The company was founded by Clifford Lerner and Darrell Lerner on July 19, 2005 and is headquartered in Jericho, NY.
Intelligent Protection Management Corp. Reports Second Quarter 2026 Financial Results
Intelligent Protection Management reported Q2 2026 revenue of $6.5 million, up 13% year-over-year, fueled by a 64% increase in procurement revenues related to AI initiatives and growth in managed IT services.
Despite the top-line growth, net loss widened to $1.4 million from $1.1 million in the prior year quarter, driven by supply chain constraints, delayed product shipments, and $383,000 in litigation expenses.
The company maintained a strong balance sheet with $7.5 million in cash and no long-term debt, while achieving SOC 2 Type 1 compliance and extending its data center agreement through 2032.