Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 323

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 323
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 Ended | December 30, 
         2023 |   |     |   | December 31, 
         2022 |   |
|:----------------------------------------------------------------|:----|:--------------------|-------------:|:--|:----|:--|-------------:|:--|
| Commercial Staffing – US                                        |     | $                   |       91,874 |   |     | $ |      108,205 |   |
| Professional Staffing – US                                      |     |                     |       99,002 |   |     |   |       76,679 |   |
| Total Revenue                                                   |     | $                   |      190,876 |   |     | $ |      184,884 |   |
| Commercial Staffing – US                                        |     | $                   |       16,805 |   |     | $ |       19,182 |   |
| Professional Staffing – US                                      |     |                     |       11,724 |   |     |   |       13,567 |   |
| Total Gross Profit                                              |     | $                   |       28,529 |   |     | $ |       32,749 |   |
| Selling, general and administrative expenses                    |     | $                   |      (38,214 | ) |     | $ |      (32,556 | ) |
| Depreciation and amortization                                   |     |                     |       (1,901 | ) |     |   |       (1,959 | ) |
| Interest expense and amortization of debt discount and deferred 
 financing costs                                                 |     |                     |       (5,461 | ) |     |   |       (3,680 | ) |
| Loss on discontinued operations                                 |     |                     |       (9,014 | ) |     |   |      (12,496 | ) |
| Other (losss) income, net                                       |     |                     |          324 |   |     |   |          726 |   |
| (Loss) Income Before Provision for Income Tax                   |     | $                   |      (25,737 | ) |     | $ |      (17,216 | ) |

F-40

STAFFING 360 SOLUTIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FISCAL YEARS ENDED DECEMBER 30, 2023 AND DECEMBER 31, 202