2024 Q3 Form 10-Q Financial Statement

#000147793224004832 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $29.46M $38.17M
YoY Change -22.83% -7.16%
Cost Of Revenue $19.86M $24.52M
YoY Change -18.99% -0.38%
Gross Profit $9.595M $13.65M
YoY Change -29.72% -17.26%
Gross Profit Margin 32.57% 35.77%
Selling, General & Admin $10.20M $11.75M
YoY Change -13.19% -8.61%
% of Gross Profit 106.34% 86.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.00K $96.00K
YoY Change -22.92% 0.0%
% of Gross Profit 0.77% 0.7%
Operating Expenses $10.20M $11.75M
YoY Change -13.19% -8.61%
Operating Profit -$21.90M $1.084M
YoY Change -2119.93% -61.63%
Interest Expense $115.0K $40.00K
YoY Change 187.5% -141.67%
% of Operating Profit 3.69%
Other Income/Expense, Net
YoY Change
Pretax Income -$21.83M $1.124M
YoY Change -2042.35% -58.81%
Income Tax -$2.546M -$6.752M
% Of Pretax Income -600.71%
Net Earnings -$19.29M $7.876M
YoY Change -344.87% 199.13%
Net Earnings / Revenue -65.47% 20.63%
Basic Earnings Per Share -$0.18 $0.07
Diluted Earnings Per Share -$0.18 $0.07
COMMON SHARES
Basic Shares Outstanding 108.8M shares 108.8M shares 114.5M shares
Diluted Shares Outstanding 108.8M shares 115.0K shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.60M $20.73M
YoY Change -5.46% 18.16%
Cash & Equivalents $20.83M $19.60M $20.73M
Short-Term Investments
Other Short-Term Assets $1.252M $709.0K
YoY Change 76.59% -7.8%
Inventory
Prepaid Expenses
Receivables $13.75M $14.63M $19.94M
Other Receivables $0.00 $0.00
Total Short-Term Assets $35.40M $35.48M $41.38M
YoY Change -15.01% -14.27% 4.86%
LONG-TERM ASSETS
Property, Plant & Equipment $559.0K $661.0K $949.0K
YoY Change -33.92% -30.35% -8.22%
Goodwill $46.01M $46.01M $61.29M
YoY Change -24.94% -24.94% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $353.0K $391.0K $639.0K
YoY Change -40.77% -38.81% -23.1%
Total Long-Term Assets $60.50M $61.41M $82.32M
YoY Change -26.08% -25.4% 5.1%
TOTAL ASSETS
Total Short-Term Assets $35.40M $35.48M $41.38M
Total Long-Term Assets $60.50M $61.41M $82.32M
Total Assets $95.90M $96.88M $123.7M
YoY Change -22.34% -21.68% 5.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.987M $2.366M $2.861M
YoY Change -28.06% -17.3% 11.15%
Accrued Expenses $5.097M $6.485M
YoY Change -21.4% -12.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $163.0K
YoY Change -38.65%
Total Short-Term Liabilities $9.321M $8.611M $10.08M
YoY Change -17.96% -14.61% -22.07%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $246.0K
YoY Change -100.0%
Other Long-Term Liabilities $82.00K $135.0K $402.0K
YoY Change -77.29% -66.42% -21.02%
Total Long-Term Liabilities $82.00K $135.0K $402.0K
YoY Change -77.29% -66.42% -97.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.321M $8.611M $10.08M
Total Long-Term Liabilities $82.00K $135.0K $402.0K
Total Liabilities $11.69M $10.55M $13.30M
YoY Change -17.63% -20.72% -54.29%
SHAREHOLDERS EQUITY
Retained Earnings -$25.73M -$23.48M -$1.860M
YoY Change 1478.65% 1162.31% -81.87%
Common Stock $113.1M $113.4M $112.7M
YoY Change 0.19% 0.57% 0.75%
Preferred Stock
YoY Change
Treasury Stock (at cost) $471.0K
YoY Change
Treasury Stock Shares
Shareholders Equity $84.21M $86.34M $110.4M
YoY Change
Total Liabilities & Shareholders Equity $95.90M $96.88M $123.7M
YoY Change -22.34% -21.68% 5.02%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$19.29M $7.876M
YoY Change -344.87% 199.13%
Depreciation, Depletion And Amortization $74.00K $96.00K
YoY Change -22.92% 0.0%
Cash From Operating Activities -$1.540M $1.167M
YoY Change -231.96% -66.03%
INVESTING ACTIVITIES
Capital Expenditures $20.00K $20.00K
YoY Change 0.0% -128.57%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$20.00K -$20.00K
YoY Change 0.0% -71.43%
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 -520.0K
YoY Change -91.35%
NET CHANGE
Cash From Operating Activities -1.540M 1.167M
Cash From Investing Activities -20.00K -20.00K
Cash From Financing Activities -45.00K -520.0K
Net Change In Cash -1.605M 627.0K
YoY Change -355.98% -81.37%
FREE CASH FLOW
Cash From Operating Activities -$1.540M $1.167M
Capital Expenditures $20.00K $20.00K
Free Cash Flow -$1.560M $1.147M
YoY Change -236.01% -67.28%

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job Payments For Purchases Of Treasury Stock
PaymentsForPurchasesOfTreasuryStock
1575000 usd
job Payments For Purchases Of Treasury Stock
PaymentsForPurchasesOfTreasuryStock
471000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
126000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
153000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1701000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-624000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-2876000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1878000 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
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19595000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20726000 usd
us-gaap Interest Paid Net
InterestPaidNet
138000 usd
us-gaap Interest Paid Net
InterestPaidNet
150000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
131000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
359000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
578000 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
59000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
43000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
578000 usd
CY2024Q2 job Allowance For Doubtful Account Liabilities For Expected Future Falloffs And Refunds
AllowanceForDoubtfulAccountLiabilitiesForExpectedFutureFalloffsAndRefunds
45000 usd
CY2023Q3 job Allowance For Doubtful Account Liabilities For Expected Future Falloffs And Refunds
AllowanceForDoubtfulAccountLiabilitiesForExpectedFutureFalloffsAndRefunds
118000 usd
CY2024Q2 job Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
8000 usd
CY2023Q2 job Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
191000 usd
job Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
238000 usd
job Allowance For Doubtful Account Fall Offs And Refunds
AllowanceForDoubtfulAccountFallOffsAndRefunds
624000 usd
CY2024Q2 job Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
4336000 shares
CY2023Q2 job Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
3473000 shares
job Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
4164000 shares
job Weighted Average Anti Dilutive Incremental Number Of Shares
WeightedAverageAntiDilutiveIncrementalNumberOfShares
3463000 shares
CY2023Q2 job Weighted Average Dilutive Incremental Number Of Shares
WeightedAverageDilutiveIncrementalNumberOfShares
734000 shares
job Weighted Average Dilutive Incremental Number Of Shares
WeightedAverageDilutiveIncrementalNumberOfShares
762000 shares
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4351000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3690000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3463000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
661000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
846000 usd
CY2024Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
100000 usd
job Operating Lease Expires Description
OperatingLeaseExpiresDescription
office lease expires in 2026
CY2024Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
577000 usd
CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
542000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1683000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
1685000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1226000 usd
job Professional Services Reporting Unit Goodwill Impairment Charge
ProfessionalServicesReportingUnitGoodwillImpairmentCharge
14202000 usd
CY2024Q2 job Industrial Services Reporting Unit Goodwill Impairment Charge
IndustrialServicesReportingUnitGoodwillImpairmentCharge
1083000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
37399000 usd
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
5209000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-31152000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1038000 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
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
204000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
795000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
39000 usd
job Range Of Estimated Useful Lives Of Intangible Assets
RangeOfEstimatedUsefulLivesOfIntangibleAssets
between five and ten years
CY2024Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
5209000 usd
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
4147000 shares
CY2024Q2 job Provision For Income Taxes
ProvisionForIncomeTaxes
-2546000 usd
CY2023Q2 job Provision For Income Taxes
ProvisionForIncomeTaxes
-6752000 usd
job Provision For Income Taxes
ProvisionForIncomeTaxes
-3461000 usd
job Provision For Income Taxes
ProvisionForIncomeTaxes
-6621000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.12 pure
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-6.01 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.58 pure
CY2023Q2 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
6938000 usd

Files In Submission

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0001477932-24-004832.txt Edgar Link pending
0001477932-24-004832-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
job-20240630.xsd Edgar Link pending
job_10q.htm Edgar Link pending
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job-20240630_cal.xml Edgar Link unprocessable
job-20240630_def.xml Edgar Link unprocessable
job-20240630_lab.xml Edgar Link unprocessable
job-20240630_pre.xml Edgar Link unprocessable
job_10q_htm.xml Edgar Link completed
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