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Segment Data (Tables)
12 Months Ended
Sep. 30, 2023
Schedule of Segment Reporting Information

 

 

Year Ended September 30,

 

 

 

2023

 

 

2022

 

Industrial Staffing Services

 

 

 

 

 

 

Contract services revenue

 

$13,005

 

 

$15,945

 

Contract services gross margin

 

 

16.5%

 

 

15.4%

Income from operations

 

$83

 

 

$873

 

Depreciation and amortization

 

 

56

 

 

 

64

 

Accounts receivable – net

 

 

1,347

 

 

 

1,991

 

Intangible assets

 

 

-

 

 

 

-

 

Goodwill

 

 

1,083

 

 

 

1,083

 

Total assets

 

 

2,986

 

 

 

3,817

 

 

 

 

 

 

 

 

 

 

Professional Staffing Services

 

 

 

 

 

 

 

 

Permanent placement revenue

 

$19,392

 

 

$26,605

 

Permanent placement services gross margin

 

 

100%

 

 

100%

Contract services revenue

 

$120,046

 

 

$122,562

 

Contract services gross margin

 

 

26.1%

 

 

26.6%

Income from operations

 

$9,041

 

 

$11,108

 

Depreciation and amortization

 

 

3,206

 

 

 

3,776

 

Accounts receivable – net

 

 

16,986

 

 

 

20,779

 

Intangible assets

 

 

8,406

 

 

 

11,285

 

Goodwill

 

 

60,210

 

 

 

60,210

 

Total assets

 

 

120,507

 

 

 

115,737

 

 

 

 

 

 

 

 

 

 

Unallocated Expenses

 

 

 

 

 

 

 

 

Corporate administrative expenses

 

$5,455

 

 

$7,049

 

Corporate facility expenses

 

 

443

 

 

 

379

 

Share-based compensation expense

 

 

864

 

 

 

635

 

Board related expenses

 

 

329

 

 

 

143

 

Total unallocated expenses

 

$7,091

 

 

$8,206

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

Total revenue

 

$152,443

 

 

$165,112

 

Income from operations

 

 

2,033

 

 

 

3,775

 

Depreciation and amortization

 

 

3,262

 

 

 

3,840

 

Total accounts receivables – net

 

 

18,333

 

 

 

22,770

 

Intangible assets

 

 

8,406

 

 

 

11,285

 

Goodwill

 

 

61,293

 

 

 

61,293

 

Total assets

 

 

123,493

 

 

 

119,554