Intelligent Protection Management (IPM) investor relations material

Executive summary

• Completed first year as a managed technology solutions provider after acquiring NTS/Newtek Technology Solutions, streamlining operations and integrating services without customer disruption.

• Achieved managed recurring revenue growth, expense optimization, and positive cash flow from operations for both Q4 and full year 2025.

• Retained all major clients with near zero churn, entered new markets, and focused on high-touch customer service in regulated verticals.

• Extended Phoenix data center license through 2032 and achieved SOC 2 Type 1 compliance, reinforcing digital infrastructure and cybersecurity.

• Launched new partnerships and product offerings, including AI-driven solutions and a Heroes Program for key community sectors.

Financial highlights

• Q4 2025 revenue was $6.1 million, down 1.7% sequentially; full year 2025 revenue totaled $23.6 million.

• Managed IT revenue reached $3.9 million in Q4 and $14.8 million for the year; procurement, professional services, and subscription revenues also detailed.

• Q4 operating loss from continuing operations was $0.8 million; full year operating loss was $4.7 million.

• Net loss for Q4 was $0.6 million, an 88.5% improvement year-over-year; full year net loss was $2 million, a 76.8% improvement, including a $2.1 million income tax benefit from acquisition/divestiture.

• Adjusted EBITDA was positive $5,000 in Q4 and negative $1.1 million for the year.

• Cash and cash equivalents at year-end were $8.4 million, with no long-term debt.

Outlook and guidance

• Focused on organic growth and strategic acquisitions to drive long-term growth in 2026 and 2027.

• Plans to incorporate AI into operations and offerings to enhance customer value and efficiency.

• Well-positioned to leverage excess data center capacity for scalable growth.

• Expanding presence in regulated verticals such as legal, healthcare, finance, and banking.