BUSINESS SEGMENTS

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

BUSINESS SEGMENTS

NOTE 9. BUSINESS SEGMENTS

The Company operates within four industry segments: EOR, Recruiting and Staffing (“Staffing”), Direct Hire, and Video Production. The EOR segment provides media field talent to a host of large corporate customers in all 50 states. The Recruiting and Staffing segment provides skilled Media and IT field talent on a nationwide basis for customers in a myriad of industries. Direct Hire fulfils direct placement requests by MMG clients for a wide variety of posts, including administrative, media, and IT professionals. The Video and Multimedia Production segment provides script-to-screen services for corporate, government, and non-profit clients, globally.

RELIABILITY INCORPORATED AND SUBSIDIARY

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

September 30, 2024

(amounts in thousands, except per share data)

The following tables provide a reconciliation of revenue by reportable segment to consolidated results for the three and nine months ended September 30, 2024 and 2023, respectively:

For the Three Months Ended September 30:

	2024		2023
Revenue:
EOR	$	5,293	$	4,467
Recruiting and Staffing		822		710
Direct Hire		28		64
Video and Multimedia Production		87		100
Total	$	6,230	$	5,341

For the Nine Months Ended September 30:

	2024		2023
Revenue:
EOR	$	15,108	$	13,240
Recruiting and Staffing		2,202		2,338
Direct Hire		79		115
Video and Multimedia Production		177		299
Total	$	17,566	$	15,992