Reliability Inc (OTC: RLBY) is a workforce solutions company that provides Employer of Record (EOR) services, staffing, managed services, and video production services through its wholly owned subsidiary, The Maslow Media Group, Inc. (Maslow or MMG). Revenue comes from placing contingent workers with clients under EOR arrangements, direct W-2 and 1099 staffing placements, and video production project work. Maslow was founded in 1988, initially serving the Washington, D.C. media market, and Reliability itself was incorporated in Texas in 1953, operating as a semiconductor testing equipment maker until 2007, then as a shell until the October 2019 reverse merger with Maslow. The company is headquartered in Clarksburg, Maryland. Two operating segments, EOR 1099 and Staffing, reported blended gross margin of 14.2% in FY2025, matching the company's historical peak. The EOR segment carried an 11.8% gross margin in FY2025, while the Staffing segment expanded margin from 18.7% in FY2024 to 23.0% in FY2025.
Employer of Record (EOR) services covering worker classification, onboarding, offboarding, payroll processing, and compliance management. Staffing Solutions placing creative, marketing, and IT professionals on W-2 and 1099 bases. Managed Services programs. Video Production Services spanning pre-production (scriptwriting, budgeting), production (HD camera crews, field and studio support, audio-visual teams), post-production (editing, animation, color correction, narration), live broadcast (satellite and streaming), and studio management.
Transactional and service-fee model across two segments. EOR 1099 revenue is generated by billing clients a markup over the cost of employing or contracting workers Maslow classifies and pays directly. Staffing revenue is generated through W-2 placement fees and managed services arrangements. Video production work is billed project by project. No subscription or royalty component is disclosed in the FY2025 10-K.
Clients span media, financial services, healthcare, telecommunications, pharmaceuticals, energy, and education industries, served domestically and internationally. The company has meaningful customer concentration: the top client relationships are material enough that the third-largest client in FY2025 generated $1,429 in revenue, and the former third-largest client saw revenue fall $2,214 (65.3%) to $1,177 in FY2025. Clients use Maslow's services to manage contingent workforce compliance across multiple jurisdictions and to staff creative, marketing, and IT functions.
Primarily domestic U.S. operations, with some international client service disclosed in the FY2025 10-K filing. Maslow originated in the Washington, D.C. market and expanded nationwide over time.
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