Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
NET REVENUES:        
Contract staffing services $ 16,294 $ 21,495 $ 34,094 $ 43,009
Direct hire placement services 3,187 3,000 5,903 5,511
NET REVENUES 19,481 24,495 39,997 48,520
Cost of contract services 12,066 16,135 25,177 32,234
GROSS PROFIT 7,415 8,360 14,820 16,286
Selling, general and administrative expenses 7,407 9,305 15,115 17,744
Depreciation expense 45 50 91 105
Amortization of intangible assets 20 225 80 430
Goodwill impairment charge 0 22,000 0 22,000
LOSS FROM OPERATIONS (57) (23,220) (466) (23,993)
Interest expense (66) (89) (131) (155)
Interest income 116 139 244 294
Other income 0 0 196 0
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAX PROVISION (7) (23,170) (157) (23,854)
Provision for income tax (expense) benefit attributable to continuing operations 21 (9,786) 21 (9,786)
INCOME (LOSS) FROM CONTINUING OPERATIONS 14 (32,956) (136) (33,640)
Loss from discontinued operations, net of tax (Note 3) 0 (163) 0 (171)
CONSOLIDATED NET INCOME (LOSS) $ 14 $ (33,119) $ (136) $ (33,811)
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC 109,881 109,413 109,741 109,413
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED 110,596 109,413 109,741 109,413
BASIC AND DILUTED INCOME (LOSS) PER SHARE        
From continuing operations $ 0.00 $ (0.30) $ (0.00) $ (0.31)
From discontinued operations 0 (0.00) 0 (0.00)
Consolidated net income (loss) per share $ 0.00 $ (0.30) $ (0.00) $ (0.31)