Staffing 360 solutions, inc. (STAF)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'17May'16May'15May'14May'13May'12May'11
Revenue

278,478

260,926

-

192,650

-

-

-

-

-

-

Revenue

-

-

192,650

-

165,552

128,829

41,198

647

0

-

Cost of Revenue, excluding depreciation and amortization stated below

-

-

-

155,909

-

106,281

-

-

-

-

REVENUES

-

-

-

-

-

-

-

-

-

0

Cost of revenue

230,169

212,622

155,909

-

136,505

-

33,394

448

-

-

Direct cost of services

-

-

-

-

-

-

-

-

0

-

Gross Profit

48,309

48,304

36,741

36,741

29,047

22,548

7,803

199

0

-

Operating Expenses:
Selling, general and administrative expenses

44,327

43,579

32,819

32,819

29,700

25,736

-

-

-

-

Depreciation and amortization

3,369

3,124

3,566

3,566

2,864

2,711

-

-

-

-

Impairment of intangibles

-

-

-

-

-

703

-

-

-

-

Salaries and wages

-

-

-

-

-

-

6,618

368

37

-

Depreciation

-

-

-

-

-

-

-

-

0

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

0

-

Consulting fees - related parties

-

-

-

-

-

-

-

-

-

3

Rent - related parties

-

-

-

-

-

-

-

-

-

3

Professional fees

-

-

-

-

-

-

3,279

1,446

82

5

Consulting fees - Related parties

-

-

-

-

-

-

458

-

-

-

Compensation and benefit

-

-

-

-

-

-

-

-

-

0

Director and related party consulting

-

-

-

-

-

-

-

476

109

-

Intangibles impairment

-

-

-

-

-

-

-

0

-

-

Depreciation and amortization

-

-

-

-

-

-

1,198

22

-

-

General and administrative expenses

-

-

-

-

-

-

2,598

319

12

-

Impairment of goodwill

-

-

4,790

4,790

0

-

2,700

0

-

-

Operating expenses - restructuring

10

57

-

-780

-

-

-

-

-

-

Impairment of intangibles

-

-

-

-

-

-

833

-

-

-

Operating expenses - restructuring

-

-

780

-

0

867

-

-

-

-

Salaries and Wages - Restructuring

-

-

-

-

-

-

0

-

-

-

Professional Fees - Restructuring

-

-

-

-

-

-

0

-

-

-

Other general and administrative

-

-

-

-

-

-

-

-

-

1

Total Operating Expenses

47,686

46,646

41,955

41,955

32,564

30,017

17,686

2,632

241

12

Income From Operations

623

1,658

-5,214

-5,214

-3,517

-7,469

-9,882

-2,433

-241

-12

Other (Expenses) Income:
Interest expense

7,628

8,386

3,745

3,745

2,699

1,646

479

80

2

0

Interest expense - related parties

-

-

-

-

-

-

-

-

0

0

Amortization of deferred financing

-

-

-

-

-

-

1,006

0

-

-

Amortization of beneficial conversion feature

-

-

0

-

727

2,475

673

0

-

-

Amortization of debt discount and deferred financing costs

857

580

2,745

2,745

1,917

1,745

-

-

-

-

Change in fair value of warrant liability

0

-879

-383

-383

0

-

-

-

-

-

Re-measurement gain (loss) on intercompany note

383

-686

-

-

-

-

-

-

-

-

Re-measurement loss on intercompany note

-

-

-

0

-

-

-

-

-

-

Gain from sale of business

0

238

-

0

-

-

-

-

-

-

Amortization of debt discount

-

-

-

-

-

-

566

931

-

-

Gain on settlement of deferred consideration

1,924

0

-

-

-

-

-

-

-

-

Interest expense related to debt conversion

-

-

-

-

-

-

-

-

0

-

Loss on extinguishment of debt, net

-

-

-6,132

-6,132

566

-

0

40

0

-

Other expense

-

-

106

-

93

-

-

-

-

-

Other, net

326

398

-

-106

-

142

0

-

-

-

Gain on conversion of earn-out liability - restructuring

-

-

-

-

-

486

0

-

-

-

Interest expense - restructuring

-

-

-

-

-

2,542

0

-

-

-

Gain on settlement of debt - restructuring

-

-

-

-

-

779

-

-

-

-

Modification expense

-

-

-

-

-

0

-

-

-

-

Modification expense - restructuring

-

-

-

-

-

3,093

-

-

-

-

Total Other Expenses, net

-5,852

-8,137

-12,345

-12,345

-4,870

-10,094

-

-

-

0

Loss Before Benefit (Provision) For Income Tax

-5,229

-6,479

-17,559

-17,559

-8,387

-17,563

-

-

-

-

Modification Expense - Restructuring

-

-

-

-

-

-

0

-

-

-

Loss Before Provision For Income Tax

-

-

-

-

-

-

-12,608

-3,405

-244

-

Benefit (provision) for income taxes

-335

22

932

932

17

-60

69

0

0

-

Net Loss From Continued Operations

-

-

-

-

-

-17,503

-12,678

-

-

-

Net Loss From Discontinued Operations

-

-

-

-

-

-47

20

-

-

-

Net Loss

-

-

-18,491

-

-8,404

-17,550

-12,657

-3,405

-

-

Net income attributable to non-controlling interest

-

-

0

-

28

471

9

0

-

-

Net Loss

-4,894

-6,501

-18,491

-18,491

-8,432

-18,021

-12,667

-3,405

-244

-12

Dividends - related party

-

-

200

-

200

50

0

-

-

-

Deemed Dividends - Series D preferred stock

-

-

2,009

2,009

0

-

-

-

-

-

Net loss Attributable to Common Stockholders

-7,382

-6,987

-20,700

-20,700

-8,632

-18,071

-12,667

-

-

-

Basic and Diluted Net Loss per Share:
Net Loss

-0.60

-1.46

-6.60

-6.60

-8.78

-

-

-

-

-

Net Loss Attributable to Common Stockholders

-0.90

-1.57

-7.39

-7.39

-8.99

-

-

-

-

-

Foreign exchange translation

-

-

-

-

-

-

-

0

-

-

Comprehensive Loss

-

-

-

-

-

-

-

-3,405

-

-

Continuing Operations

-

-

-

-

-

-4.57

-0.65

-

-

-

Discontinued Operations

-

-

-

-

-

-0.01

0.00

-

-

-

Net Loss Attributable to Common Stock

-

-

-

-

-

-4.72

-0.65

-0.43

-0.03

0.00

Weighted Average Shares Outstanding – Basic and Diluted

8,198

4,444

2,801

2,801

959

3,829

19,471

7,835

7,455

6,000

Series A Preferred Stock - Related Party [Member]
Dividends - related party

200

200

-

200

-

-

-

-

-

-

Series E Preferred Stock - Related Party [Member]
Dividends - related party

1,560

195

-

0

-

-

-

-

-

-

Series E-1 Preferred Stock - Related Party [Member]
Dividends - related party

728

91

-

0

-

-

-

-

-

-