Income Statement

v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
NET REVENUES:    
Contract staffing services $ 27,576 $ 35,401
Direct hire placement services 3,055 5,747
NET REVENUES 30,631 41,148
Cost of contract services 20,895 26,757
GROSS PROFIT 9,736 14,391
Selling, general and administrative expenses 10,606 12,808
Depreciation expense 84 101
Amortization of intangible assets 720 720
INCOME (LOSS) FROM OPERATIONS (1,674) 762
Interest expense (71) (73)
Interest income 190 38
INCOME (LOSS) BEFORE INCOME TAX PROVISION (1,555) 727
Provision for income tax expense 0 73
NET INCOME (LOSS) $ (1,555) $ 654
BASIC EARNINGS (LOSS) PER SHARE $ (0.01) $ 0.01
DILUTED EARNINGS (LOSS) PER SHARE $ (0.01) $ 0.01
WEIGHTED AVERAGE SHARES OUTSTANDING:    
BASIC 109,907 114,450
DILUTED 109,907 114,885

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