{"schema_version":"secwatch.filing_event.v1","accession":"0001474903-24-000021","form_type":"8-K","ticker":"BGSF","cik":"0001474903","company_name":"BGSF, INC.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.275130+00:00","generated_at":"2026-06-04T19:17:30.090379+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BGSF reports record FY2023 revenue of $313.2M; net loss from continuing ops of $10.2M due to $22.5M impairment","bullets":["FY2023 revenue $313.2M, up 4.9%; net loss from continuing ops $10.2M ($0.95 diluted EPS) vs net income $11.3M in 2022.","Adjusted EBITDA from continuing ops $25.1M (8.0% of revenue), up 15.9% from $21.7M in 2022.","Q4 2023 revenue $73.6M, down from $77.3M; adjusted EBITDA $5.5M (7.5% of rev), up 27.6% from $4.3M.","New $40M revolving credit facility closed Mar 12, 2024 with BMO, maturing 2028; $34M term loans outstanding.","Property Mgmt revenue grew 3.3% organically; Professional revenue grew 6.1% including $14.8M from Arroyo acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001474903-24-000021","json":"https://secwatch.observer/filing/0001474903-24-000021.json","markdown":"https://secwatch.observer/filing/0001474903-24-000021.md","text":"https://secwatch.observer/filing/0001474903-24-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1474903/000147490324000021/0001474903-24-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1474903/000147490324000021/bgsf-20240313.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:17:30.090379+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50213a6a8b6336b10764446f5514e8b3bdc50097","claim":"BGSF, INC. reported the fiscal year and fourth fiscal quarter ended December 31, 2023 results: revenue $313.2 million, net income Net loss from continuing operations was $10.2 million, or $0.95 per diluted share.","evidence_excerpt":"BGSF, Inc. Reports Full Year and Fourth Quarter 2023 Financial Results Record Full Year Revenues of $313.2 million, up 4.9%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1474903/000147490324000021/0001474903-24-000021-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year and fourth fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$313.2 million"},{"label":"Net income","value":"Net loss from continuing operations was $10.2 million, or $0.95 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}