BGSF公司2025年季度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and postsuch files).YesþNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reportingcompany.See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule12b-2 of the Exchange Act.(Check one): Largeacceleratedfiler¨Accelerated FilerþNon-accelerated filer¨(Do not check if a smaller reporting company)Smallerreportingcompany☑Emerging growth company☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐NoþSecurities registered pursuant to Section 12(b) of the Act: Forward-Looking StatementsThis Quarterly Report on Form-10-Q contains “forward-looking statements” within the meaning of Section27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Thesestatements relate to our expectations for future events and time periods. All statements other than statements of historical fact are statements •future financial performance and growth targets or expectations;•market and industry trends and developments; and•the benefits of our completed and future merger, acquisition and disposition transactions. You can identify these and other forward-looking statements by the use of words such as “aim,” “potential,” “may,” “could,” “can,”“would,” “might,” “likely,” “will,” “expect,” “intend,” “plan,” “predict,” “ongoing,” “project,” “budget,” “scheduled,” “estimate,” “anticipate,”“believe,” “forecast,” “committed,” “future” or “continue” or the negative thereof or similar variations. These forward-looking statements are based on information available to us as of the date of this Quarterly Report on Form 10-Q and ourcurrent expectations, forecasts and assumptions and involve a number of risks and uncertainties. Accordingly, forward-looking statementsshould not be relied upon as representing our views as of any subsequent date. Future performance cannot be ensured. Actual results may differ •the availability of field talents’ workers' compensation insurance coverage at commercially reasonable terms;•insurance coverage may not be adequate for our needs (including but not limited to general liability, crime, fiduciary, property, umbrella and excess, and cybersecurity); •the availability of qualified field talent;•compliance with federal, state, local labor and foreign labor and employment laws and regulations and changes in such laws and regulations;•the ability to compete with new competitors and competitors with superior marketing and financial resources; •management team changes;•the favorable resolution of current or future litigation; •the impact of outstanding indebtedness on the ability to fund operations or obtain additional financing; •our ability to repay, refinance, extend or restructure existing indebtedness at or prior to its maturity date on favorable or comparableterms, or at all; •the ability to leverage the benefits of recent acquisitions and successfully integrate newly acquired operations;•the impact of, and the ability to mitigate or manage disruptions posed by pandemics; •adverse changes in the economic conditions of the industries or markets that we serve;•disturbances in world financial, credit, and stock markets; •unanticipated changes in regulations affecting our business; •a decline in consumer confidence and discretionary spending;•inflationary pressures and our responses thereto; •the general performance of the U.S. and global economies;•continued or escalated conflict in the Middle East or elsewhere; •the impact of our ongoing strategic alternatives review process;•the impact of our cost restructuring plan; •our ability to raise equity or debt financing;•our ability to obtain waivers under or amendments with respect to our outstanding indebtedness; and •other risks referenced from time to time in our past and future filings with the Securities and Exchange Commission (“SEC”),including in our Annual Report on Form 10-K for the fiscal year ended December29, 2024. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this Quarterly Reporton Form10-Q. Except as required by law, we do not undertake any obligation to update or release any revisions to these forward-looking statements to reflect any events or circumstances, whether as a result of new information, future events, changes in assumptions or otherwise,after the date hereof. Where You Can Find Other Information Our website is https://bgsf.com. Information contained on our website i