BGSF, INC.
For the period ended Jun 29, 2025. Filed Aug 7, 2025.
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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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Unaudited Consolidated Statements of Cash Flows
For the Twenty-six Week Periods Ended June 29, 2025 and June 30, 2024
| 2025 · 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities | ||||||||
| Net loss | $(4,458) | $(1,553) | ||||||
| Net income from discontinued operations | (2,640) | (2,577) | ||||||
| Adjustments to reconcile net loss to net cash provided by activities: | ||||||||
| Depreciation | 58 | 83 | ||||||
| Amortization | 530 | 588 | ||||||
| Software as a service | 425 | 328 | ||||||
| Loss on disposal of property and equipment | 6 | — | ||||||
| Amortization of debt issuance costs | 598 | 89 | ||||||
| Provision for credit losses | 1,656 | 1,016 | ||||||
| Share-based compensation | 305 | 439 | ||||||
| Deferred income taxes, net of acquired deferred tax liability | (1,378) | 1,436 | ||||||
| Net changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 1,851 | 5,948 | ||||||
| Prepaid expenses | (87) | 616 | ||||||
| Other current assets | (393) | 820 | ||||||
| Deposits | 8 | 593 | ||||||
| Accounts payable | 1,288 | 160 | ||||||
| Accrued payroll and expenses | 3,263 | (867) | ||||||
| Accrued interest | 287 | (218) | ||||||
| Income taxes receivable | (384) | (771) | ||||||
| Other current liabilities | — | 2,116 | ||||||
| Operating leases | (33) | (33) | ||||||
| Other long-term liabilities | 2,060 | 6,372 | ||||||
| Net cash provided by continuing operating activities | 2,962 | 14,585 | ||||||
| Net cash provided by discontinued operating activities | 253 | 132 | ||||||
| Net cash provided by operating activities | 3,215 | 14,717 | ||||||
| Cash flows from investing activities | ||||||||
| Capital expenditures | (13) | (863) | ||||||
| Net cash used in continuing investing activities | (13) | (863) | ||||||
| Net cash used in discontinued investing activities | (63) | (132) | ||||||
| Net cash used in investing activities | (76) | (995) | ||||||
| Cash flows from financing activities | ||||||||
| Net borrowings (payments) under line of credit | 1,604 | (10,808) | ||||||
| Principal payments on long-term debt | (1,913) | (850) | ||||||
| Payments of dividends | — | (1,639) | ||||||
| Issuance of ESPP shares | 134 | 244 | ||||||
| Issuance of shares under the 2013 Long-Term Incentive Plan | — | 102 | ||||||
| Payments of debt issuance costs | (29) | (545) | ||||||
| Net cash used in continuing financing activities | (204) | (13,496) | ||||||
| Net change in cash and cash equivalents of continuing operations | 2,745 | 226 | ||||||
| Cash and cash equivalents, beginning of period | 32 | — | ||||||
| Cash and cash equivalents, end of period | $2,777 | $226 | ||||||
| Supplemental cash flow information: | ||||||||
| Cash paid for interest, net | $1,950 | $2,417 | ||||||
| Cash paid for taxes, net of refunds | $739 | $636 | ||||||
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