BGSF, INC.

For the period ended Sep 28, 2025. Filed Nov 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.

Sep 28, 2025 · Filed Nov 7, 2025

BGSF$3.93+14.2%Stored close · as of Nov 9, 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)

September 28,2025 · December 29, 2024
ASSETS
Current assets
	Cash and cash equivalents		$41,170			$32
	Accounts receivable (net of allowance for credit losses of $1,156 and $910, respectively)		15,126			17,148
	Escrow receivable		4,950			—
	Prepaid expenses		1,121			1,600
	Other current assets		1,620			2,213
	Current assets of discontinued operations		—			24,354
		Total current assets		63,987			45,347
Property and equipment, net		279			608
Other assets
	Deposits		1,938			2,003
	Software as a service, net		3,143			4,068
	Deferred income taxes, net		9,299			7,849
	Right-of-use asset - operating leases, net		738			1,083
	Intangible assets, net		3,115			4,385
	Goodwill		1,074			1,074
	Noncurrent assets of discontinued operations		—			83,694
		Total other assets		19,307			104,156
	Total assets		$83,573			$150,111
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
	Dividends payable		$22,400			$—
	Accounts payable		1,958			80
	Accrued payroll and expenses		5,348			4,868
	Transition services payable		1,474			—
	Long-term debt, current portion (net of debt issuance costs of $— and $24, respectively)		—			3,801
	Accrued interest		—			223
	Income taxes payable		332			212
	Note payable		539			—
	Convertible note		—			4,368
	Lease liabilities, current portion		433			544
	Current liabilities of discontinued operations		—			11,825
		Total current liabilities		32,484			25,921
Line of credit (net of debt issuance costs of $— and $770, respectively)		—			5,625
Long-term debt, less current portion (net of debt issuance costs of $— and $198, respectively)		—			32,527
Lease liabilities, less current portion		403			698
Noncurrent liabilities of discontinued operations		—			3,071
	Total liabilities		32,887			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 11,199,787 and 10,887,509 shares issued and outstanding, respectively, net of 3,930 shares of treasury stock, at cost, respectively.		55			53
Additional paid in capital		71,345			70,260
(Accumulated deficit) retained earnings		(20,714)			11,956
	Total stockholders’ equity		50,686			82,269
	Total liabilities and stockholders’ equity		$83,573			$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.