BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 28, 2025

Schedule of Segment Reporting Information, by Segment

The following table provides a reconciliation of revenue and loss from continuing operations by reportable segment to consolidated results for the periods indicated (in thousands):


		Thirteen Weeks Ended				Thirty-nine Weeks Ended
		September 28, 2025		September 29, 2024		September 28, 2025		September 29, 2024

Contract field talent		$	26,341	$	29,380	$	69,619	$	78,711
Contingent placements		554		444		1,665		1,385
	Revenue	26,895		29,824		71,284		80,096
Compensation and related		17,197		19,088		45,541		50,341
Other		38		40		113		120
	Gross profit	9,660		10,696		25,630		29,635
Selling:
	Compensation	4,349		4,965		12,469		14,286
	Advertising, occupancy, and travel	472		537		1,297		1,445
	Software, insurance, and professional fees	483		316		1,152		949
	Other	368		659		2,577		2,033
	Contributions to overhead	3,988		4,219		8,135		10,922
General and administrative:
	Compensation	2,073		2,348		6,318		7,027
	Software	750		694		2,197		1,920
	Professional fees	131		437		1,334		1,369
	Strategic alternatives review	482		526		2,116		874
	Other	1,115		881		2,345		2,462
Gain on contingent consideration		(450)		—		(450)		—
Depreciation and amortization		824		336		1,411		1,007
	Operating loss	(937)		(1,003)		(7,135)		(3,737)
Interest expense, net		(1,570)		(1,222)		(4,595)		(3,518)
Income tax (expense) benefit from continuing operations		(571)		413		1,461		1,402
	Net loss from continuing operations	$	(3,078)	$	(1,812)	$	(10,269)	$	(5,853)

Capital expenditures		$	117	$	270	$	123	$	1,132
Total assets		$	41,881	$	50,241	$	41,881	$	50,241

BGSF, INC. 10-Q