2024 Q2 Form 10-Q Financial Statement
#000147793224002987 Filed on May 15, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $29.46M | $28.05M | $38.86M |
YoY Change | -22.83% | -27.82% | -1.94% |
Cost Of Revenue | $19.86M | $19.28M | $25.64M |
YoY Change | -18.99% | -24.8% | 2.1% |
Gross Profit | $9.595M | $8.767M | $13.22M |
YoY Change | -29.72% | -33.66% | -8.94% |
Gross Profit Margin | 32.57% | 31.25% | 34.01% |
Selling, General & Admin | $10.20M | $10.01M | $11.71M |
YoY Change | -13.19% | -14.52% | -4.28% |
% of Gross Profit | 106.34% | 114.13% | 88.57% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $74.00K | $77.00K | $98.00K |
YoY Change | -22.92% | -21.43% | 4.26% |
% of Gross Profit | 0.77% | 0.88% | 0.74% |
Operating Expenses | $10.20M | $10.01M | $11.71M |
YoY Change | -13.19% | -14.52% | -4.28% |
Operating Profit | -$21.90M | -$2.035M | $694.0K |
YoY Change | -2119.93% | -393.23% | -41.04% |
Interest Expense | $115.0K | $67.00K | $22.00K |
YoY Change | 187.5% | 204.55% | -122.45% |
% of Operating Profit | 3.17% | ||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$21.83M | -$1.923M | $716.0K |
YoY Change | -2042.35% | -368.58% | -33.64% |
Income Tax | -$2.546M | -$915.0K | $58.00K |
% Of Pretax Income | 8.1% | ||
Net Earnings | -$19.29M | -$1.008M | $658.0K |
YoY Change | -344.87% | -253.19% | -39.47% |
Net Earnings / Revenue | -65.47% | -3.59% | 1.69% |
Basic Earnings Per Share | -$0.18 | $0.01 | |
Diluted Earnings Per Share | -$0.18 | -$0.01 | $0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 108.8M shares | 108.8M shares | 114.5M shares |
Diluted Shares Outstanding | 108.8M shares | 115.2K shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $19.60M | $21.20M | $20.10M |
YoY Change | -5.46% | 5.48% | 41.79% |
Cash & Equivalents | $19.60M | $21.20M | $20.10M |
Short-Term Investments | |||
Other Short-Term Assets | $1.252M | $1.395M | $757.0K |
YoY Change | 76.59% | 84.28% | -7.34% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $14.63M | $14.22M | $20.43M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $35.48M | $36.81M | $41.29M |
YoY Change | -14.27% | -10.84% | 14.08% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $661.0K | $715.0K | $1.025M |
YoY Change | -30.35% | -30.24% | -3.3% |
Goodwill | $46.01M | $61.29M | $61.29M |
YoY Change | -24.94% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $391.0K | $409.0K | $679.0K |
YoY Change | -38.81% | -39.76% | -18.29% |
Total Long-Term Assets | $61.41M | $80.20M | $76.82M |
YoY Change | -25.4% | 4.4% | -3.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $35.48M | $36.81M | $41.29M |
Total Long-Term Assets | $61.41M | $80.20M | $76.82M |
Total Assets | $96.88M | $117.0M | $118.1M |
YoY Change | -21.68% | -0.93% | 2.15% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.366M | $2.534M | $3.373M |
YoY Change | -17.3% | -24.87% | 98.76% |
Accrued Expenses | $5.097M | $5.667M | $7.041M |
YoY Change | -21.4% | -19.51% | -5.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $100.0K | $115.0K | $187.0K |
YoY Change | -38.65% | -38.5% | |
Total Short-Term Liabilities | $8.611M | $9.373M | $11.36M |
YoY Change | -14.61% | -17.48% | -14.4% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $170.0K | $274.0K |
YoY Change | -100.0% | -37.96% | |
Other Long-Term Liabilities | $135.0K | $165.0K | $451.0K |
YoY Change | -66.42% | -63.41% | -17.85% |
Total Long-Term Liabilities | $135.0K | $165.0K | $451.0K |
YoY Change | -66.42% | -63.41% | -87.22% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.611M | $9.373M | $11.36M |
Total Long-Term Liabilities | $135.0K | $165.0K | $451.0K |
Total Liabilities | $10.55M | $11.54M | $15.29M |
YoY Change | -20.72% | -24.55% | -8.96% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.48M | -$4.193M | -$9.736M |
YoY Change | 1162.31% | -56.93% | -24.48% |
Common Stock | $113.4M | $113.2M | $112.6M |
YoY Change | 0.57% | 0.6% | 0.75% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $3.559M | ||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $86.34M | $105.5M | $102.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $96.88M | $117.0M | $118.1M |
YoY Change | -21.68% | -0.93% | 2.15% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$19.29M | -$1.008M | $658.0K |
YoY Change | -344.87% | -253.19% | -39.47% |
Depreciation, Depletion And Amortization | $74.00K | $77.00K | $98.00K |
YoY Change | -22.92% | -21.43% | 4.26% |
Cash From Operating Activities | -$1.540M | $1.342M | $1.765M |
YoY Change | -231.96% | -23.97% | -16.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $20.00K | $12.00K | $34.00K |
YoY Change | 0.0% | -64.71% | -147.89% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$20.00K | -$12.00K | -$34.00K |
YoY Change | 0.0% | -64.71% | -52.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -45.00K | -40.00K | -104.0K |
YoY Change | -91.35% | -61.54% | |
NET CHANGE | |||
Cash From Operating Activities | -1.540M | 1.342M | 1.765M |
Cash From Investing Activities | -20.00K | -12.00K | -34.00K |
Cash From Financing Activities | -45.00K | -40.00K | -104.0K |
Net Change In Cash | -1.605M | 1.290M | 1.627M |
YoY Change | -355.98% | -20.71% | -20.56% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.540M | $1.342M | $1.765M |
Capital Expenditures | $20.00K | $12.00K | $34.00K |
Free Cash Flow | -$1.560M | $1.330M | $1.731M |
YoY Change | -236.01% | -23.17% | -20.96% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Accounts Receivable Net
AccountsReceivableNet
|
562000 | usd |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
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|
200000000 | shares |
CY2024Q1 | us-gaap |
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|
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GEE GROUP INC. | ||
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IL | ||
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36-6097429 | ||
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7751 Belfort Parkway | ||
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Suite 150 | ||
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Jacksonville | ||
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FL | ||
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-915000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
58000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-915000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
131000 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1008000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
658000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2563000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1312000 | usd | |
CY2024Q1 | job |
Basic Earnings Per Share
BasicEarningsPerShare
|
-0.01 | |
CY2023Q1 | job |
Basic Earnings Per Share
BasicEarningsPerShare
|
0.01 | |
job |
Basic Earnings Per Share
BasicEarningsPerShare
|
-0.02 | ||
job |
Basic Earnings Per Share
BasicEarningsPerShare
|
0.01 | ||
CY2024Q1 | job |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
-0.01 | |
CY2023Q1 | job |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
0.01 | |
job |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
-0.02 | ||
job |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
0.01 | ||
CY2024Q1 | job |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
108772000 | shares |
CY2023Q1 | job |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
114450000 | shares |
job |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
109339000 | shares | |
job |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
114450000 | shares | |
CY2024Q1 | job |
Diluted Weighted Average Number Of Shares Outstanding
DilutedWeightedAverageNumberOfSharesOutstanding
|
108772000 | shares |
CY2023Q1 | job |
Diluted Weighted Average Number Of Shares Outstanding
DilutedWeightedAverageNumberOfSharesOutstanding
|
115185000 | shares |
job |
Diluted Weighted Average Number Of Shares Outstanding
DilutedWeightedAverageNumberOfSharesOutstanding
|
109339000 | shares | |
job |
Diluted Weighted Average Number Of Shares Outstanding
DilutedWeightedAverageNumberOfSharesOutstanding
|
115226000 | shares | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
109301000 | usd |
CY2023Q4 | job |
Purchase Of Treasury Stock
PurchaseOfTreasuryStock
|
-1575000 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
153000 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1555000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
106324000 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
157000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1008000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
105473000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
101003000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
374000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
654000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
102031000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
126000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
658000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
102815000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2563000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
1312000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1600000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1638000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
731000 | usd | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
690000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
310000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
500000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
50000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-36000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-695000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
89000 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
76000 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
76000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4184000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2375000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-228000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
415000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-1128000 | usd | |
us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
-170000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
-545000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
-153000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-1369000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-5297000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
423000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1439000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
38000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
84000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-38000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-84000 | usd | |
job |
Payments For Purchases Of Treasury Stock
PaymentsForPurchasesOfTreasuryStock
|
1575000 | usd | |
job |
Payments For Purchases Of Treasury Stock
PaymentsForPurchasesOfTreasuryStock
|
0 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
81000 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
104000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1656000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-104000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1271000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
1251000 | usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22471000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18848000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21200000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20099000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
62000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
70000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
102000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
219000 | usd | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
573000 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
562000 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
562000 | usd |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
50000 | usd | |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
39000 | usd | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
573000 | usd |
CY2024Q1 | job |
Allowance For Doubtful Account Liabilities For Expected Future Falloffs And Refunds
AllowanceForDoubtfulAccountLiabilitiesForExpectedFutureFalloffsAndRefunds
|
65000 | usd |
CY2023Q3 | job |
Allowance For Doubtful Account Liabilities For Expected Future Falloffs And Refunds
AllowanceForDoubtfulAccountLiabilitiesForExpectedFutureFalloffsAndRefunds
|
118000 | usd |
CY2024Q1 | job |
Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
|
-14000 | usd |
CY2023Q1 | job |
Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
|
269000 | usd |
job |
Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
|
230000 | usd | |
job |
Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
|
433000 | usd | |
CY2023Q1 | job |
Weighted Average Dilutive Incremental Number Of Shares
WeightedAverageDilutiveIncrementalNumberOfShares
|
735000 | shares |
job |
Weighted Average Dilutive Incremental Number Of Shares
WeightedAverageDilutiveIncrementalNumberOfShares
|
776000 | shares | |
CY2024Q1 | job |
Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
|
4472000 | shares |
CY2023Q1 | job |
Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
|
3543000 | shares |
job |
Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
|
4077000 | shares | |
job |
Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
|
3458000 | shares | |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4332000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4309000 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3617000 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3463000 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
715000 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
846000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
115000 | usd |
job |
Operating Lease Expires Description
OperatingLeaseExpiresDescription
|
office lease expires in 2026 | ||
CY2024Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
576000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
554000 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1106000 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1142000 | usd | |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1331000 | usd |
CY2024Q1 | job |
Assessed Excess Fair Value Of Professional Services Reporting Unit
AssessedExcessFairValueOfProfessionalServicesReportingUnit
|
4000000.0 | usd |
CY2023Q3 | job |
Assessed Excess Fair Value Of Professional Services Reporting Unit
AssessedExcessFairValueOfProfessionalServicesReportingUnit
|
20300000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
37399000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-30432000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
6967000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
37399000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-28993000 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8406000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1440000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2741000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1870000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
916000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
6967000 | usd |
CY2024Q1 | job |
Range Of Estimated Useful Lives Of Intangible Assets
RangeOfEstimatedUsefulLivesOfIntangibleAssets
|
between five and ten years | |
job |
Senior Bank Loan Security And Guarantee Agreement Textblock
SeniorBankLoanSecurityAndGuaranteeAgreementTextblock
|
<p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in"><strong>9. </strong><strong>Senior Bank Loan, Security and Guarantee Agreement</strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company and its subsidiaries have a Loan, Security and Guaranty Agreement for a $20 million asset-based senior secured revolving credit facility (the “Facility”) with First Citizens Bank (“FCB”) (formerly CIT Bank, N.A.). The Facility is collateralized by 100% of the assets of the Company and its subsidiaries who are co-borrowers and/or guarantors. The Facility matures on the fifth anniversary of the closing date (May 14, 2026). </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">As of March 31, 2024, the Company had no outstanding borrowings and $8,165 available for borrowing under the terms of the Facility. The Company had $331 and $408 in unamortized debt issuance costs associated with the Facility as of March 31, 2024 and September 30, 2023, respectively. Of these costs, $153 was reflected in other current assets on the unaudited condensed consolidated balance sheets as of both March 31, 2024 and September 30, 2023 with the remainder being reflected in other long term assets. The amortization expense of these debt costs totaled $38 for the three-month periods and $76 for the six-month periods ended March 31, 2024 and 2023. The unused line fees incurred and included in interest expense totaled $25 for the three-month periods and $51 for the six-month periods ended March 31, 2024 and 2023.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On December 15, 2023, the Company and FCB entered into Amendment No. 2 to the Facility (“Amendment No. 2”), which provides for an increase in the Facility’s concentration limits for certain large clients at the discretion of FCB.</p> | ||
job |
Restricted Common Stock Shares Granted Under Amendment Plan
RestrictedCommonStockSharesGrantedUnderAmendmentPlan
|
4052000 | shares | |
us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
4012000 | shares | |
CY2024Q1 | job |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
-915000 | usd |
CY2023Q1 | job |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
58000 | usd |
job |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
-915000 | usd | |
job |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
131000 | usd | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.26 | pure |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.08 | pure |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.26 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.09 | pure |