Income Statement

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
NET REVENUES:    
Contract staffing services $ 34,014 $ 39,461
Direct hire placement services 4,529 5,771
NET REVENUES 38,543 45,232
Cost of contract services 25,812 29,458
GROSS PROFIT 12,713 15,774
Selling, general and administrative expenses (including noncash stock-based compensation expense of $581 and $293, respectively) 10,078 12,766
Acquisition, integration and restructuring expenses 1,159 40
Depreciation expense 79 97
Amortization of intangible assets 1,396 1,396
INCOME FROM OPERATIONS 19 1,475
Interest expense (2,948) (3,294)
LOSS BEFORE INCOME TAX PROVISION (2,929) (1,819)
Provision for income tax (523) 28
NET LOSS (3,452) (1,791)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (3,452) $ (1,791)
BASIC AND DILUTED LOSS PER SHARE $ (0.32) $ (0.18)
WEIGHTED AVERAGE NUMBER OF SHARES - BASIC AND DILUTED 10,946 9,905

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