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Segment Data (Tables)
12 Months Ended
Sep. 30, 2024
Schedule of Segment Reporting Information

 

 

Year Ended September 30,

 

 

 

2024

 

 

2023

 

Industrial Staffing Services

 

 

 

 

 

 

Contract services revenue

 

$9,547

 

 

$13,005

 

Contract services gross margin

 

 

15.8%

 

 

16.5%

Income (loss) from operations

 

$(1,356)

 

$83

 

Depreciation and amortization

 

 

40

 

 

 

56

 

Accounts receivable – net

 

 

996

 

 

 

1,347

 

Goodwill

 

 

-

 

 

 

1,083

 

Total assets

 

 

1,324

 

 

 

2,986

 

 

 

 

 

 

 

 

 

 

Professional Staffing Services

 

 

 

 

 

 

 

 

Permanent placement revenue

 

$12,183

 

 

$19,392

 

Permanent placement services gross margin

 

 

100%

 

 

100%

Contract services revenue

 

$94,753

 

 

$120,046

 

Contract services gross margin

 

 

25.3%

 

 

26.1%

Income (loss) from operations

 

$(18,855)

 

$9,041

 

Depreciation and amortization

 

 

2,624

 

 

 

3,206

 

Accounts receivable – net

 

 

12,751

 

 

 

17,104

 

Intangible assets

 

 

834

 

 

 

8,406

 

Goodwill

 

 

46,008

 

 

 

60,210

 

Total assets

 

 

94,577

 

 

 

120,625

 

 

 

 

 

 

 

 

 

 

Unallocated Expenses

 

 

 

 

 

 

 

 

Corporate administrative expenses

 

$5,288

 

 

$5,455

 

Corporate facility expenses

 

 

501

 

 

 

443

 

Share-based compensation expense

 

 

587

 

 

 

864

 

Board related expenses

 

 

470

 

 

 

329

 

Total unallocated expenses

 

$6,846

 

 

$7,091

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

Total revenue

 

$116,483

 

 

$152,443

 

Income (loss) from operations

 

 

(27,057)

 

 

2,033

 

Depreciation and amortization

 

 

2,664

 

 

 

3,262

 

Total accounts receivables – net

 

 

13,747

 

 

 

18,451

 

Intangible assets

 

 

834

 

 

 

8,406

 

Goodwill

 

 

46,008

 

 

 

61,293

 

Total assets

 

 

95,901

 

 

 

123,611