v3.26.3
Segment Information and Enterprise Reporting
 3 Months Ended
Aug. 29, 2026
Segment Reporting [Abstract]  
Segment Information and Enterprise Reporting Segment Information and Enterprise Reporting
For fiscal 2027, the Company's operating segments are as follows:

•On-Demand Talent – provides businesses with a go-to source for bringing in experts when they need them, serving predominantly the office of the CFO.

•Consulting – drives transformation across people, processes and technology across domain areas including finance, technology and digital, risk and compliance and operational performance.

•Europe & Asia Pacific – geographically defined segment that offers both on-demand and consulting services (excluding the digital consulting business, which is included in our Consulting segment) to clients throughout Europe & Asia Pacific.

•Outsourced Services – operating under the Countsy by RGPTM brand, this segment offers finance, accounting and HR services provided to startups, spinouts and scale-up enterprises, utilizing a technology platform and fractional team.

Each of these operating segments reports through separate segment managers to the Company's Chief Executive Officer, who is designated as the Chief Operating Decision Maker ("CODM") for segment reporting purposes. The Company's reportable segments are comprised of On-Demand Talent, Consulting, Europe & Asia Pacific, and Outsourced Services. As a result of the sale of Sitrick on May 2, 2026, the “All Other” segment was eliminated as of May 30, 2026. Prior to the sale of Sitrick, Sitrick did not individually meet the quantitative thresholds to qualify as a reportable segment. Therefore, Sitrick was disclosed under the “All Other” segment.
The tables below reflect the operating results of the Company’s segments consistent with the management and performance measurement system utilized by the Company. Performance measurement is based on segment Adjusted EBITDA. Adjusted EBITDA is defined as net income (loss) before amortization expense, depreciation expense, interest and income taxes excluding stock-based compensation expense, amortized Enterprise Resource Planning (“ERP”) system costs, acquisition costs, gain on sale of assets, restructuring costs. Adjusted EBITDA at the segment level excludes certain shared corporate administrative costs that are not practical to allocate. The Company’s CODM does not evaluate segments using asset information.
The table below represents a reconciliation of Adjusted EBITDA to the Company's net loss for all periods presented (in thousands):
Three Months Ended
August 29,
2026		August 30,
2025
Revenue:
On-Demand Talent$38,559$44,442
Consulting32,38043,641
Europe & Asia Pacific17,13219,888
Outsourced Services10,0159,994
All Other—2,264
Total consolidated revenue$98,086$120,229
Adjusted EBITDA:
On-Demand Talent$2,057$4,422
Consulting1,6615,045
Europe & Asia Pacific(119)837
Outsourced Services1,5332,330
All Other—183
Unallocated items (1)
(8,756)(9,752)
Adjustments:
Stock-based compensation expense(1,422)(2,281)
Amortized ERP system costs (2)
(702)(702)
Acquisition costs (3)
(150)(425)
Gain on sale of assets (4)
(76)—
Restructuring costs (5)
(417)—
Amortization expense(634)(1,193)
Depreciation expense(263)(348)
Interest income, net
(240)(44)
Loss before income tax expense (7,528)(1,928)
Income tax expense(442)(477)
Net loss
$(7,970)$(2,405)
(1) Unallocated items are generally comprised of unallocated corporate administrative costs, including management and board compensation, corporate support function costs and other general corporate costs that are not allocated to segments.
(2) Amortized ERP system costs represent the amortization of capitalized technology transformation costs related to a newly implemented ERP system, which was recorded within selling, general, and administrative expenses on the Consolidated Statements of Operations.
(3) Acquisition costs primarily represent costs included in net loss related to the Company’s business acquisition of Reference Point. These costs include transaction bonuses and cash retention bonus accruals.
(4) Gain on sale of assets was related to the Company’s sale of Sitrick.
(5) Restructuring costs during the three months ended August 29, 2026 include employee termination costs incurred in connection with the reduction in force associated with the 2026 Transformation Initiative.
The tables below disclose the Company’s revenue, gross profit, significant expenses, and Adjusted EBITDA by segment (in thousands):
Three Months Ended August 29, 2026
On-Demand TalentConsulting
Europe & Asia Pacific
Outsourced ServicesAll Other
Revenue$38,559 $32,380 $17,132 $10,015 $— 
Cost of services23,360 20,490 11,465 6,105 — 
Gross Profit15,19911,8905,6673,910—
Compensation, bonus and commissions (1)
10,727 7,581 4,039 1,833 — 
Other segment expenses (2)
2,415 2,648 1,747 544 — 
Adjusted EBITDA$2,057$1,661$(119)$1,533$—
Three Months Ended August 30, 2025
On-Demand TalentConsulting
Europe & Asia Pacific
Outsourced ServicesAll Other
Revenue$44,442 $43,641 $19,888 $9,994 $2,264 
Cost of services26,617 26,571 12,923 5,537 1,112 
Gross Profit17,82517,0706,9654,4571,152
Compensation, bonus and commissions (1)
11,738 8,892 4,557 1,694 415 
Other segment expenses (2)
1,665 3,133 1,571 433 554 
Adjusted EBITDA$4,422$5,045$837$2,330$183
(1)The significant expense category and amounts align with the segment-level information that is regularly provided to the CODM.
(2)Other segment expenses include occupancy expenses, business expenses, marketing expenses, recruiting expenses and other operating expenses.
The table below represents the Company’s revenue by geographic location (in thousands):
Three Months Ended
August 29, 2026August 30, 2025
Revenues:
United States$77,497 $95,556 
International20,590 24,673 
Total$98,087$120,229
The table below presents the Company's long-lived assets, which consist of property and equipment and right of use assets, by geographic location (in thousands):
Long-Lived Assets as of
August 29, 2026May 30, 2026
Long-lived assets:
United States$18,122 $18,530 
International2,406 2,200 
Total$20,528$20,730