BGSF, Inc. filed its Form 10-Q for the quarterly period ended September 27, 2026 with the SEC on November 4, 2026, disclosing consolidated balance sheet data reflecting a staffing-focused operation following the previously announced sale of its Professional segment.

Key Highlights

  • Total assets: $53,590 thousand as of September 27, 2026, compared to $57,837 thousand as of December 28, 2025.
  • Cash and cash equivalents: $9,302 thousand at quarter end, down from $19,018 thousand at fiscal year-end 2025.
  • Short-term investments: $8,622 thousand recorded as of September 27, 2026, with no comparable balance at December 28, 2025.
  • Accumulated deficit: $(22,835) thousand at quarter end, widening from $(21,874) thousand at December 28, 2025.
  • Shares outstanding: 10,633,699 shares of common stock as of November 2, 2026.
  • Treasury stock: 614,437 shares held at quarter end, up from 355,130 shares at December 28, 2025, with a carrying value of $(2,913) thousand.
  • Total stockholders' equity: $46,404 thousand, compared to $48,105 thousand at the prior fiscal year-end.

BGSF's Balance Sheet Reflects Post-Professional-Segment Transition

According to the filing, BGSF, Inc. (NYSE:BGSF), a Delaware-incorporated staffing company headquartered at 14901 Quorum Drive, Suite 800, Dallas, Texas, reported total current assets of $35,259 thousand as of September 27, 2026. The filing notes an escrow receivable of $750 thousand remaining on the balance sheet, reduced from $4,950 thousand at December 28, 2025, a figure the company has associated with the sale of its Professional segment. Accounts receivable, net of an allowance for credit losses of $982 thousand, stood at $13,974 thousand at quarter end.

The company disclosed total current liabilities of $6,973 thousand, including accrued payroll and expenses of $5,035 thousand and a transition services payable of $855 thousand, the latter reduced from $3,064 thousand at the prior year-end. The filing shows that a note payable of $449 thousand carried at December 28, 2025 was fully retired by September 27, 2026. Severance payable, in both current and long-term portions, also declined over the same period, from a combined $492 thousand to $194 thousand, according to the balance sheet data presented.

Among other assets, the filing reports goodwill of $1,074 thousand, intangible assets net of amortization of $2,580 thousand, and a deferred income tax asset of $9,404 thousand. The company noted that common stock is authorized at 19,500,000 shares with a $0.01 par value, and that preferred stock, authorized at 500,000 shares, had zero shares issued and outstanding. The filing also references forward-looking statements subject to the company's cautionary language, including risks tied to the sale of the Professional segment and its potential effects on operations, team members, field talent, and client partners.

What Was Disclosed

BGSF, Inc. filed its quarterly report covering the period ended September 27, 2026, disclosing unaudited consolidated balance sheet figures, share counts, and capital structure details as of that date and compared to the December 28, 2025 fiscal year-end.