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NATURE OF OPERATIONS
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
NATURE OF OPERATIONS

NOTE 1 - NATURE OF OPERATIONS

 

Reliability, Inc. is a workforce management solutions company that has for 30 years focused primarily on the media industry. In servicing its clients, Reliability provides a variety of staffing services which include employer of record, temporary media and information technology (“IT”) staffing services, and direct hire. Reliability operates, along with its wholly owned subsidiary, The Maslow Media Group, Inc., (collectively, “Reliability” or the “Company”), primarily within the United States of America in four industry segments: Employer of Record (“EOR”), Recruiting and Staffing, Video and Multimedia Production resources, and Direct Hire. EOR which is a unique workforce management solution, represented 85.1% of our revenue in 2022. Our Staffing segment provides skilled field talent on a nationwide basis for IT and finance and accounting client partner projects. Video Production involves assembling and providing crews for special projects that can last anywhere from a week to 6 months. In 2021, MMG began building its direct hire business as a separate business segment originally titled permanent placement. We now refer to this earning center as Direct Hire. This division added $99 and $167 in revenue and $89 and $164 in gross profit in 2022 and 2021 respectively.

 

On October 29, 2019, Maslow Media Group (“Maslow” or “MMG”) became a wholly owned subsidiary of Reliability via a reverse merger (the “Merger”).

 

On December 1, 2019, the Company acquired the customer contracts and trade receivables and assumed certain liabilities of Intelligent Quality Solutions, Inc. (“IQS”). IQS operates as a division of MMG.