BGSF — what changed in the latest 10-Q
A section-by-section comparison of BGSF's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +28 | −16 | ~10 | 13 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +2 | −6 | ~1 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
Income tax benefit from continuing operations118 1,364 286 1,953
Selling, general, and administrative expenses40.0 53.5 41.1 48.6
Loss before income taxes from continuing operations(4.3)(24.9)(5.7)(19.7)
Income tax benefit from continuing operations0.5 5.8 0.7 4.4
Thirteen Week Fiscal Period Ended June 28, 2026 (“Fiscal 2026”) Compared with Thirteen Week Fiscal Period Ended June 29, 2025 (“Fiscal 2025”)
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Loss before income taxes from continuing operations(1,557)(2,918)
Loss before income taxes from continuing operations(7.5)(13.9)
Thirteen Week Fiscal Period Ended March 29, 2026 (“Fiscal 2026”) Compared with Thirteen Week Fiscal Period Ended March 30, 2025 (“Fiscal 2025”)
Revenues: Revenues were relatively unchanged compared to the prior year quarter end.
Gross Profit: Gross profit decreased approximately $0.2 million (2.0%), which is in line with revenues with a partial offset by higher permanent placement business that have no cost of service.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-05
For the fiscal quarter ended June 28, 2026, there have been no changes in our internal control over financial reporting identified in connection with the evaluations required by Rule 13a-15(d) or Rule 15d-15(d) under the Exchange Act that have materially affected, or are reasonably likely to materia…
Our management, including our Co-CEOs and our CFO, do not expect that our disclosure controls or our internal control over financial reporting will prevent or detect all errors and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assur…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
As previously reported, management had identified a deficiency in our internal control over financial reporting related to the verification of customer-approved time prior to billing within certain revenue streams of the Company’s Professional segment presented as discontinued operations and sold du…
As described below, management believes this material weakness has been effectively remediated. Remediation efforts included enhancements to and formalization of control procedures; however, the Company notes that its overall control framework over revenue recognition for continuing operations was e…
Since identifying the material weakness related to our internal control over financial reporting, which was related to verification of customer-approved time prior to billing within certain revenue streams of the Company’s Professional segment, we have taken steps to strengthen the control function …
For the fiscal quarter ended March 29, 2026, there have been no changes in our internal control over financial reporting for continuing operations identified in connection with the evaluations required by Rule 13a-15(d) or Rule 15d-15(d) under the Exchange Act that have materially affected, or are r…
Our management, including our Co-CEO's and our CFO, do not expect that our disclosure controls or our internal control over financial reporting will prevent or detect all errors and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assu…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice