General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

v3.20.4
CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
NET REVENUES:        
Contract staffing services $ 31,248 $ 33,078 $ 114,526 $ 133,143
Direct hire placement services 3,395 4,479 15,309 18,531
NET REVENUES 34,643 37,557 129,835 151,674
Cost of contract services 22,063 24,962 85,131 99,653
GROSS PROFIT 12,580 12,595 44,704 52,021
Selling, general and administrative expenses (including noncash stock-based compensation expense of $311 and $597, respectively) 9,487 11,291 44,401 46,739
Depreciation expense 73 79 248 349
Amortization of intangible assets 1,044 1,398 5,038 5,586
Goodwill Impairment charge     8,850 4,300
INCOME FROM OPERATIONS 1,976 (173) (13,833) (4,953)
Gain on extinguishment of debt     12,316 0
Interest expense (2,686) (3,219) (12,233) (12,440)
LOSS BEFORE INCOME TAX PROVISION (710) (3,392) (13,750) (17,393)
Provision for income tax (395) (171) (597) (370)
NET LOSS (315) (3,563) (14,347) (17,763)
Gain on redeemed preferred stock     24,475  
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 315 $ 3,563 $ 10,128 $ (17,763)
WEIGHTED AVERAGE NUMBER OF SHARES - BASIC AND DILUTED 17,067 13,067    
BASIC AND DILUTED LOSS PER SHARE $ (0.02) $ (0.27)    
BASIC EARNINGS (LOSS) PER SHARE     $ 0.67 $ (1.50)
DILUTED EARNINGS (LOSS) PER SHARE     $ (1.14) $ (1.50)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING :        
BASIC     15,214 11,840
DILUTED     21,570 11,840