BGSF, INC.

For the period ended Jun 29, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 29, 2025 · Filed Aug 7, 2025

BGSF$4.07+3.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Consolidated Balance Sheets

(in thousands, except share amounts)

June 29,2025 · December 29, 2024
ASSETS
Current assets
	Cash and cash equivalents		$2,777			$32
	Accounts receivable (net of allowance for credit losses of $1,156 and $910, respectively)		13,637			17,148
	Prepaid expenses		1,687			1,600
	Other current assets		2,029			2,213
	Current assets of discontinued operations		27,473			24,354
		Total current assets		47,603			45,347
Property and equipment, net		299			608
Other assets
	Deposits		1,996			2,003
	Software as a service, net		3,651			4,068
	Deferred income taxes, net		9,227			7,849
	Right-of-use asset - operating leases, net		856			1,083
	Intangible assets, net		3,911			4,385
	Goodwill		1,074			1,074
	Noncurrent assets of discontinued operations		81,075			83,694
		Total other assets		101,790			104,156
	Total assets		$149,692			$150,111
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
	Accounts payable		$1,368			$80
	Accrued payroll and expenses		7,086			4,868
	Long-term debt, current portion (net of debt issuance costs of $18 and $24, respectively)		3,807			3,801
	Accrued interest		510			223
	Income taxes payable		295			212
	Convertible note		4,368			4,368
	Lease liabilities, current portion		474			544
	Current liabilities of discontinued operations		11,093			11,825
		Total current liabilities		29,001			25,921
Line of credit (net of debt issuance costs of $256 and $770, respectively)		7,744			5,625
Long-term debt, less current portion (net of debt issuance costs of $149 and $198, respectively)		30,664			32,527
Lease liabilities, less current portion		506			698
Noncurrent liabilities of discontinued operations		3,491			3,071
	Total liabilities		71,406			67,842
Commitments and contingencies
Preferred stock, $0.01 par value per share, 500,000 shares authorized, -0- shares issued and outstanding		—			—
Common stock, $0.01 par value per share; 19,500,000 shares authorized 11,158,828 and 11,038,623 shares issued and outstanding, respectively, net of 3,930 shares of treasury stock, at cost, respectively.		55			53
Additional paid in capital		70,733			70,260
Retained earnings		7,498			11,956
	Total stockholders’ equity		78,286			82,269
	Total liabilities and stockholders’ equity		$149,692			$150,111

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.