Paltalk, Inc., now known as Intelligent Protection Management Corp., is a communications technology company founded in 1998. Headquartered in Jericho, New York, the company trades on the Nasdaq Capital Market under the ticker symbol IPM, having changed from PALT on January 6, 2025. As of March 2024, the company reported having 17-21 full-time employees, with 2023 revenue of $10.98 million. Its market capitalization was approximately $20.36 million as of May 22, 2026.
Historically, Paltalk, Inc. offered a platform for free video, voice, and text group chats, with a product portfolio that included Paltalk, Camfrog, Tinychat, and Vumber (telecommunications services). However, on January 2, 2025, Paltalk, Inc. underwent a significant transformation. It completed the acquisition of Newtek Technology Solutions, Inc. (NTS) and divested its traditional communication applications. The company subsequently changed its name to Intelligent Protection Management Corp. and shifted its primary business focus to providing server hosting, cloud hosting, data storage, managed security, backup, and disaster recovery services, along with technology consulting.
The provided patent litigation data for "Paltalk, Inc." lists one case as a defendant in the U.S. District Court for the District of Delaware. However, before its name change, Paltalk, Inc. (through its subsidiary Paltalk Holdings, Inc.) was known as an active patent assertion entity. Most notably, in August 2024, a jury in the U.S. District Court for the Western District of Texas awarded Paltalk $65.7 million in a patent infringement lawsuit against Cisco Systems, Inc. related to U.S. Patent No. 6,683,858, with a final judgment entered in October 2024. This historical context suggests that the current defendant case in Delaware, titled Cisco Systems, Inc. et al. v. Intelligent Protection Management Corp. et al. (filed March 7, 2025), is likely related to or a counterclaim stemming from their prior patent litigation efforts. Paltalk also previously asserted patents against other major technology companies, including Microsoft, Sony, and Activision Blizzard.