Income Statement

v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Net Revenues:        
Contract Staffing Services $ 33,745 $ 31,063 $ 70,429 $ 62,311
Direct Hire Placement Services 5,884 3,655 12,047 7,050
Net Revenues 39,629 34,718 82,476 69,361
Cost Of Contract Services 25,115 23,810 52,380 45,873
Gross Profit 14,514 10,908 30,096 23,488
Selling, General And Administrative Expenses 12,228 9,179 24,587 18,665
Depreciation Expense 94 77 180 150
Amortization Of Intangible Assets 1,015 1,015 2,029 2,059
Goodwill Impairment Charge 0 0 2,150 0
Income From Operations 1,177 637 1,150 2,614
Gain On Extinguishment Of Debt 0 279 16,773 279
Interest Expense (98) (2,534) (205) (5,220)
Income (loss) Before Income Tax Provision 1,079 (1,618) 17,718 (2,327)
Provision For Income Tax Expense (benefit) (8) 117 (37) (277)
Net Income (loss) $ 1,087 $ (1,735) $ 17,755 $ (2,050)
Basic Earnings (loss) Per Share $ 0.01 $ (0.10) $ 0.16 $ (0.12)
Diluted Earnings (loss) Per Share $ 0.01 $ (0.10) $ 0.15 $ (0.12)
Weighted Average Shares Outstanding:        
Basic 114,100 17,667 114,100 17,667
Diluted 115,642 17,667 115,592 17,667

Source