v3.26.1
BUSINESS SEGMENTS
6 Months Ended
Jun. 28, 2026
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENT
 
The Company has continuing operations through one segment of Property Management, which includes centralized support services through executive, marketing, human resources, information technology, accounting, treasury, and billing operations. The chief operating decision-makers (the “CODM”), the President of Property Management and Co-Chief Executive Officers, establish the strategic direction of the Company, priorities, and long-term financial objectives. The CODM are ultimately responsible for evaluating segment performance and making decisions regarding resource allocation. The Property Management segment currently has the ability to service all U.S. states and D.C., and provide office and maintenance field talent to property management companies responsible for the apartment communities' and commercial buildings' day-to-day operations. The CODM consider variances between actual results and expectations as well as historical trends for segment income when making decisions about allocating capital and personnel resources to each segment.
Segment loss from continuing operations includes all revenue and cost of services, direct selling expenses, depreciation and amortization expense and all general and administrative expenses. The following table provides a reconciliation of revenue and loss from continuing operations by reportable segment to consolidated results for the periods indicated (in thousands):
Thirteen Weeks EndedTwenty-six Weeks Ended
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Contract field talent$21,487 $23,000 $41,682 $43,279 
Contingent placements826 506 1,512 1,110 
Revenue22,313 23,506 43,194 44,389 
Compensation and related14,354 15,058 27,786 28,344 
Other41 38 80 75 
Gross profit7,918 8,410 15,328 15,970 
Selling:
Compensation4,167 4,195 8,600 8,121 
Advertising, occupancy, and travel500 447 935 825 
Software, insurance, and professional fees539 296 951 669 
Other279 1,806 516 2,176 
Contributions to overhead2,433 1,666 4,326 4,179 
General and administrative:
Compensation1,463 2,184 3,033 4,245 
Software633 828 1,211 1,525 
Professional fees486 569 985 1,111 
Strategic alternatives review385 1,613 868 1,634 
Other476 639 634 1,274 
Gain on contingent consideration— (450)— (450)
Depreciation and amortization180 259 338 588 
Operating loss(1,190)(3,976)(2,743)(5,748)
Interest income (expense), net238 (1,877)234 (3,023)
Income tax benefit from continuing operations118 1,364 286 1,953 
Loss from continuing operations$(834)$(4,489)$(2,223)$(6,818)