Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 327

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 327
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,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, 2022
(All amounts in thousands)

NOTE 16—RELATED PARTY TRANSACTIONS

Board and Committee Members

|                 |     | Twelve Months Ended December 30, 2023 |        |     |          |     |   |              |     |   |     |
|:----------------|:----|:--------------------------------------|-------:|:----|---------:|:----|:--|-------------:|:----|:--|----:|
| Cash            
 Compensation    |     |                                       | Shares