0001210708-20-000034 | 10-Q | XBRL Viewer

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Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2020	Oct. 21, 2020
Entity [Abstract]
Entity Registrant Name	Hudson Global, Inc.
Entity Central Index Key	0001210708
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2020
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Small Business	true
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		2,684,971

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement [Abstract]
Revenue	$ 25,413	$ 25,762	$ 74,117	$ 68,363
Operating expenses:
Direct contracting costs and reimbursed expenses	16,343	14,366	46,319	35,912
Salaries and related	8,098	8,857	24,650	27,758
Other selling, general and administrative	2,049	2,022	5,584	6,911
Depreciation and amortization	25	23	73	62
Total operating expenses	26,515	25,268	76,626	70,643
Operating (loss) income	(1,102)	494	(2,509)	(2,280)
Non-operating income (expense):
Interest income, net	14	88	133	526
Other income (expense), net	96	(87)	474	(215)
(Loss) income from continuing operations before provision for income taxes	(992)	495	(1,902)	(1,969)
Provision for income taxes from continuing operations	165	149	538	356
(Loss) income from continuing operations	(1,157)	346	(2,440)	(2,325)
(Loss) income from discontinued operations, net of income taxes	0	18	0	(113)
Net (loss) income	$ (1,157)	$ 364	$ (2,440)	$ (2,438)
Basic and diluted loss per share:
(Loss) earnings per share from continuing operations	$ (0.41)	$ 0.11	$ (0.84)	$ (0.74)
(Loss) earnings per share from discontinued operations	0.00	0.01	0.00	(0.04)
(Loss) earnings per share	$ (0.41)	$ 0.12	$ (0.84)	$ (0.77)
Weighted-average shares outstanding:
Basic (in shares)	2,858	3,082	2,920	3,150
Diluted (in shares)	2,858	3,118	2,920	3,150

CONDENSED CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (1,157)	$ 364	$ (2,440)	$ (2,438)
Other comprehensive (loss) income:
Foreign currency translation adjustment, net of applicable income taxes	489	(338)	146	(379)
Total other comprehensive income (loss), net of income taxes	489	(338)	146	(379)
Comprehensive (loss) income	$ (668)	$ 26	$ (2,294)	$ (2,817)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 29,345	$ 31,190
Accounts receivable, less allowance for doubtful accounts of $20 and $174, respectively	11,916	12,795
Restricted cash, current	154	148
Prepaid and other	1,213	804
Total current assets	42,628	44,937
Property and equipment, net	132	186
Operating lease right-of-use assets	269	401
Deferred tax assets	725	793
Restricted cash	234	380
Other assets	7	7
Total assets	43,995	46,704
Current liabilities:
Accounts payable	392	1,064
Accrued expenses and other current liabilities	8,920	8,178
Short-term debt	810	0
Operating lease obligations, current	230	246
Total current liabilities	10,352	9,488
Income tax payable	859	845
Operating lease obligations	43	160
Long-term Debt	516	0
Other liabilities	167	177
Total liabilities	11,937	10,670
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 10,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.001 par value, 20,000 shares authorized; 3,672 and 3,663 shares issued; 2,685 and 2,936 shares outstanding, respectively	4	4
Additional paid-in capital	486,659	486,088
Accumulated deficit	(438,947)	(436,507)
Accumulated other comprehensive loss, net of applicable tax	(333)	(479)
Treasury stock, 987 and 726 shares, respectively, at cost	(15,325)	(13,072)
Total stockholders' equity	32,058	36,034
Total liabilities and stockholders' equity	$ 43,995	$ 46,704

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 20	$ 174
Preferred stock, par value (dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000	10,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	20,000	20,000
Common stock, issued (in shares)	3,672	3,663
Common stock, shares, outstanding (in shares)	2,685	2,937
Treasury stock, shares (in shares)	987	726

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (2,440)	$ (2,438)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	73	62
Provision for doubtful accounts	33	66
Provision for (benefit from) deferred income taxes	76	(258)
Stock-based compensation	571	811
Changes in assets and liabilities, net of effect of dispositions:
Decrease (increase) in accounts receivable	833	(6,358)
(Increase) decrease in prepaid and other assets	(418)	298
(Decrease) increase in accounts payable, accrued expenses and other liabilities	(86)	267
Net cash used in operating activities	(1,358)	(7,550)
Cash flows from investing activities:
Capital expenditures	(19)	(70)
Net cash used in investing activities	(19)	(70)
Cash flows from financing activities:
Net borrowings and repayments under credit agreements	0	0
Proceeds from government lending	1,326	0
Purchase of treasury stock	(2,239)	(4,482)
Purchase of restricted stock from employees	(14)	(41)
Net cash used in financing activities	(927)	(4,523)
Effect of exchange rates on cash, cash equivalents and restricted cash	319	(36)
Net decrease in cash, cash equivalents and restricted cash	(1,985)	(12,179)
Cash, cash equivalents, and restricted cash, beginning of the period	31,718	41,060
Cash, cash equivalents, and restricted cash, end of the period	29,733	28,881
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	1	5
Cash received during the period for interest	139	530
Net cash payments during the period for income taxes	676	484
Cash paid for amounts included in operating lease liabilities	198	246
Supplemental non-cash disclosures:
Right-of-use assets obtained in exchange for operating lease liabilities	$ 77	$ 723

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Common stock and additional paid-in capital	Treasury Stock	Accumulated other comprehensive (loss) income	Retained Earnings
Beginning Balance (in shares) at Dec. 31, 2018		3,190	3,613
Beginning Balance (in shares) at Dec. 31, 2018				(423)
Beginning Balance at Dec. 31, 2018	$ 40,487		$ 485,131	$ (8,486)	$ (606)	$ (435,552)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	(2,438)					(2,438)
Other comprehensive income (loss)					(379)
Treasury Stock, Shares, Acquired				(296)
Treasury Stock, Value, Acquired, Cost Method				$ (4,482)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation				(2)
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation				$ (41)
Stock-based compensation (in shares)			47
Stock-based compensation			$ 811
Ending Balance (in shares) at Sep. 30, 2019		2,939	3,660
Ending Balance (in shares) at Sep. 30, 2019				(721)
Ending Balance at Sep. 30, 2019	33,958		$ 485,942	$ (13,009)	(985)	(437,990)
Beginning Balance (in shares) at Jun. 30, 2019		2,960	3,658
Beginning Balance (in shares) at Jun. 30, 2019				(698)
Beginning Balance at Jun. 30, 2019	34,001		$ 485,740	$ (12,738)	(647)	(438,354)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	364					364
Other comprehensive income (loss)					(338)
Treasury Stock, Shares, Acquired				(23)
Treasury Stock, Value, Acquired, Cost Method				$ (270)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation				0
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation				$ (1)
Stock-based compensation (in shares)			2
Stock-based compensation			$ 202
Ending Balance (in shares) at Sep. 30, 2019		2,939	3,660
Ending Balance (in shares) at Sep. 30, 2019				(721)
Ending Balance at Sep. 30, 2019	$ 33,958		$ 485,942	$ (13,009)	(985)	(437,990)
Beginning Balance (in shares) at Dec. 31, 2019	2,937	2,936	3,663
Beginning Balance (in shares) at Dec. 31, 2019	726			(726)
Beginning Balance at Dec. 31, 2019	$ 36,034		$ 486,092	$ (13,072)	(479)	(436,507)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ (2,440)					(2,440)
Other comprehensive income (loss)					146
Treasury Stock, Shares, Acquired				(260)
Treasury Stock, Value, Acquired, Cost Method				$ (2,239)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation				(1)
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation				$ (14)
Stock-based compensation (in shares)			9
Stock-based compensation			$ 571
Ending Balance (in shares) at Sep. 30, 2020	2,685	2,685	3,672
Ending Balance (in shares) at Sep. 30, 2020	987			(987)
Ending Balance at Sep. 30, 2020	$ 32,058		$ 486,663	$ (15,325)	(333)	(438,947)
Beginning Balance (in shares) at Jun. 30, 2020		2,685	3,672
Beginning Balance (in shares) at Jun. 30, 2020				(987)
Beginning Balance at Jun. 30, 2020	32,392		$ 486,329	$ (15,325)	(822)	(437,790)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ (1,157)					(1,157)
Other comprehensive income (loss)					489
Treasury Stock, Shares, Acquired				0
Treasury Stock, Value, Acquired, Cost Method				$ 0
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation				0
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation				$ 0
Stock-based compensation (in shares)			0
Stock-based compensation			$ 334
Ending Balance (in shares) at Sep. 30, 2020	2,685	2,685	3,672
Ending Balance (in shares) at Sep. 30, 2020	987			(987)
Ending Balance at Sep. 30, 2020	$ 32,058		$ 486,663	$ (15,325)	$ (333)	$ (438,947)

BASIS OF PRESENTATION	9 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION These interim unaudited condensed consolidated financial statements have been prepared in accordance with United States of America ("U.S.") generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X of the United States Securities and Exchange Commission ("SEC") for interim financial reporting and should be read in conjunction with the consolidated financial statements and related notes of Hudson Global, Inc. and its subsidiaries (the "Company") filed in its Annual Report on Form 10-K for the year ended December 31, 2019. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported amounts of operating revenues and expenses. These estimates are based on management’s knowledge and judgments. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the Company’s financial position, results of operations, and cash flows at the dates and for the periods presented have been included. The results of operations for interim periods are not necessarily indicative of the results of operations for the full year. The condensed consolidated financial statements include the accounts of the Company and all of its wholly owned subsidiaries. Intra-entity balances and transactions between and among the Company and its subsidiaries have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform to the current year presentation with no material impact on the condensed consolidated financial statements. All per share amounts and shares outstanding for the three and nine months ended September 30, 2020 and all prior periods reflect the Company's 1-for-10 reverse stock split, which was effective June 10, 2019. For more information, see Note 2.

DESCRIPTION OF BUSINESS	9 Months Ended
DESCRIPTION OF BUSINESS	Sep. 30, 2020
Description of Business [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS The Company is comprised of the operations, assets, and liabilities of the Company's three regional businesses of Hudson Americas, Hudson Asia Pacific, and Hudson Europe. The Company provides Recruitment Process Outsourcing ("RPO") permanent recruitment and contracting outsourced recruitment solutions. These services are tailored to the individual needs of primarily mid-to-large-cap multinational companies. The Company's RPO delivery teams utilize state-of-the-art recruitment process methodologies and project management expertise in their flexible, turnkey solutions to meet clients' ongoing business needs. The Company's RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting. The Company operates directly in ten countries with three reportable geographic business segments: Americas, Asia Pacific, and Europe. See Note 12 for further details regarding the reportable segments. Corporate expenses are reported separately from the reportable segments and pertain to certain functions, such as executive management, corporate governance, human resources, accounting, tax, marketing, information technology, and treasury. A portion of these expenses are attributed to the reportable segments for providing the above services to them and have been allocated to the segments as management service expenses and are included in the segments’ non-operating other income (expense). In December 2019, a novel strain of coronavirus, referred to as COVID-19, was reported to have originated in Wuhan, Hubei Province, China. On January 30, 2020, the World Health Organization (“WHO”) declared that the virus had become a global public-health emergency. On March 11, 2020, the WHO declared the outbreak to be a pandemic, based on the rapid increase in exposure globally. Many countries around the world have imposed quarantines and restrictions on travel and mass gatherings to slow the spread of the virus. Our business continues to be impacted by the outbreak and the accompanying economic downturn. Some of our customers continue to have instituted hiring freezes, while other customers operating in the banking, pharmaceutical and technology industries, which may be considered as essential businesses in different jurisdictions, or customers that are more capable of working remotely than other industries, have been allowed to operate as usual. The inability to conduct in-person interviews has also impacted our business. The expected timeline for this reduction in demand for our services remains uncertain and difficult to predict considering the rapidly evolving landscape. In connection with the COVID-19 pandemic, certain foreign government organizations have begun to offer wage assistance subsidies and tax credits to companies in exchange for maintaining specified levels of compensation and related costs for employees residing in those countries. The Company recognizes the receipt of funds from these organizations in the Other income (expense), net caption on the Condensed Consolidated Statements of Operations. For the three and nine months ended September 30, 2020, the Company received $199 and $464, respectively, related to foreign government assistance, which amounts are included within Other income (expense), net. In the United States, the Company received a $1.3 million loan in connection with the Paycheck Protection Program (“PPP”), administered by the U.S. Small Business Administration (“SBA”), under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). All or a portion of the PPP loan may be forgiven by the SBA under certain conditions. Subsequent to the end of the third quarter, the Company applied for loan forgiveness. To the extent that forgiveness is obtained for any portion of the loan in the future, it will be reflected in Other income (expense), net. For more information, see Note 9. On June 10, 2019, the Company announced a reverse stock split of its outstanding shares of common stock, par value $0.001 per share, at a ratio of 1-for-10 (the “Reverse Split”) and that it had filed a Certificate of Amendment of the Company's Amended and Restated Certificate of Incorporation in order to effect the Reverse Split. The filed certificate also reduced the number of authorized shares of common stock to 20 million shares. The Reverse Split and reduction in authorized shares were approved by the Company's Board of Directors (the "Board") on February 25, 2019, and it was approved by the stockholders of the Company at the annual meeting on May 6, 2019. The Board approved the ratio of 1-for-10 on May 24, 2019, and the Reverse Split became effective as of the close of business on June 10, 2019. The Reverse Split had no effect on the par value of the Company's common stock but it reduced the number of issued and outstanding shares of common stock by a factor of 10. Accordingly, the issued and outstanding shares, stock-based compensation disclosures, net loss per share, and other share and per share disclosures for all periods presented have been retrospectively adjusted to reflect the impact of this Reverse Split.

ACCOUNTING PRONOUNCEMENTS	9 Months Ended
ACCOUNTING PRONOUNCEMENTS	Sep. 30, 2020
Accounting Policies [Abstract]
ACCOUNTING PRONOUNCEMENTS	ACCOUNTING PRONOUNCEMENTS Adoption of New Accounting Pronouncements On October 1, 2019, we elected to adopt Accounting Standards Update ("ASU") No. 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract ("ASU 2018-15") on a prospective basis. This ASU provides guidance on implementation costs incurred in a cloud computing arrangement (“CCA”) that is a service contract. ASU 2018-15 aligns the accounting for such costs with the guidance on capitalizing costs associated with developing or obtaining internal-use software. Specifically, ASU 2018-15 amends Accounting Standards Codification ("ASC") 350 to include in its scope implementation costs of a CCA that is a service contract and clarifies that a customer should apply ASC 350 to determine which implementation costs should be capitalized in such a CCA. The amendments in ASU 2018-15 are effective for annual periods beginning after December 15, 2019 and interim periods within those annual periods. ASU 2018-15 had no impact on the Company's consolidated financial statements. On January 1, 2019, we adopted ASU No. 2016-02, "Leases (Topic 842)" ("ASU 2016-02"). This ASU requires a company to recognize lease assets and liabilities arising from operating leases in the statement of financial position. This ASU does not significantly change the previous lease guidance for how a lessee should recognize the recognition, measurement, and presentation of expenses and cash flows arising from a lease. Additionally, the criteria for classifying a finance lease versus an operating lease are substantially the same as the previous guidance. In July 2018, the Financial Accounting Standards Board (the "FASB") issued ASU No. 2018-11, "Leases (Topic 842): Targeted Improvements" ("ASU 2018-11"). This ASU allows adoption of the standard as of the effective date without restating prior periods. We did not elect to recognize the lease assets and liabilities in the statement of financial position for short-term leases. For more information, see Note 9. On January 1, 2019, we adopted ASU No. 2018-02, "Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income" ("ASU 2018-02"), which provides guidance on reclassification of certain stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act of 2017 (the "Tax Act"), enacted on December 22, 2017. ASU 2018-02 allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the application of the Tax Act. Additionally, ASU 2018-02 requires financial statement preparers to disclose (1) a description of their accounting policy for releasing income tax effects from accumulated other comprehensive income, (2) whether they elect to reclassify the stranded income tax effects from the Tax Act, and (3) information about other income tax effects related to the application of the Tax Act that are reclassified from accumulated other comprehensive income to retained earnings, if any. The adoption had no impact on the Company's consolidated financial statements. Recent Accounting Standard Update Not Yet Adopted In June 2016, the FASB issued ASU 2016-13, "Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments" (“ASU 2016-13”). This standard requires an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, each reporting entity should estimate an allowance for expected credit losses, which is intended to result in more timely recognition of losses. This model replaces multiple existing impairment models in current U.S. GAAP, which generally requires a loss to be incurred before it is recognized. The new standard applies to trade receivables arising from revenue transactions such as contract assets and accounts receivable. Under ASC 606, revenue is recognized when, among other criteria, it is probable that an entity will collect the consideration it is entitled to when goods or services are transferred to a customer. When trade receivables are recorded, they become subject to the CECL model and estimates of expected credit losses on trade receivables over their contractual life will be required to be recorded at inception based on historical information, current conditions, and reasonable and supportable forecasts. This guidance is effective for smaller reporting companies for annual periods beginning after December 15, 2022, including the interim periods in the year. Early adoption is permitted. The Company will adopt the guidance when it becomes effective.

REVENUE RECOGNITION

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

ACCOUNTING PRONOUNCEMENTS

REVENUE RECOGNITION

Nature of Services

We account for a contract when both parties to the contract have approved the contract, the rights of the parties are identified, payment terms are identified, the contract has commercial substance, and collectability of consideration is probable. Revenues are recognized over time, using an output measure, as the control of the promised services is transferred to the client in an amount that reflects the consideration we expect to be entitled to in exchange for those services. The majority of our contracts are short-term in nature as they include termination clauses that allow either party to cancel within a short termination period, without cause. Revenue includes billable travel and other reimbursable costs and is reported net of sales or use taxes collected from clients and remitted to taxing authorities.

We generally determine standalone selling prices based on the prices included in the client contracts, using expected cost plus profit, or other observable prices. The price as specified in our client contracts is generally considered the standalone selling price as it is an observable input that depicts the price as if sold to a similar client in similar circumstances. Certain client contracts have variable consideration, including usage-based fees that increase the transaction price and volume rebates or other similar items that generally reduce the transaction price. We estimate variable consideration using the expected value method based on the terms of the client contract and historical evidence. These amounts may be constrained and are only included in revenue to the extent we do not expect a significant reversal when the uncertainty associated with the variable consideration is resolved. Our estimated amounts of variable consideration subject to constraints are not material and we do not believe that there will be significant changes to our estimates.

We record accounts receivable when our right to consideration becomes unconditional. Contract assets primarily relate to our rights to consideration for services provided that they are conditional on satisfaction of future performance obligations. A contract liability for deferred revenue is recorded when consideration is received, or is unconditionally due, from a client prior to transferring control of services to the client under the terms of a contract. Deferred revenue balances typically result from advance payments received from clients prior to transfer services. We do not have any material contract assets or liabilities as of and for the nine months ended September 30, 2020.

Payment terms vary by client and the services offered. We consider payment terms that exceed one year to be extended payment terms. Substantially all of the Company's contracts include payment terms of 90 days or less and we do not extend payment terms beyond one year.

We primarily record revenue on a gross basis as a principal in the Consolidated Statements of Operations and Comprehensive Income based upon the following key factors:


•	We maintain the direct contractual relationship with the client and are responsible for fulfilling the service promised to the client.


•	We maintain control over our contractors while the services to the client are being performed, including our contractors' billing rates, and are ultimately responsible for paying them.

RPO Recruitment. We provide complete recruitment outsourcing, project-based outsourcing, and recruitment consulting for clients' permanent staff hires. We recognize revenue for our RPO recruitment over time in an amount that reflects the consideration we expect to be entitled to and have an enforceable right to payment in exchange for our services. The client simultaneously receives and consumes the benefits of the services as they are provided. The transaction prices contain both fixed fees and variable consideration. Variable consideration is constrained by candidates accepting offers of permanent employment. We recognize revenue on the fixed fees as the performance obligations are satisfied and variable fees as the constraint is lifted. We do not incur incremental costs to obtain our RPO recruitment contracts. The costs to fulfill these contracts are expensed as incurred.

We recognize permanent placement revenue when employment candidates accept offers of permanent employment. We have a substantial history of estimating the financial impact of permanent placement candidates who do not remain with our clients through a guarantee period. Fees to clients are generally calculated as a percentage of the new employee’s annual compensation. No fees for permanent placement services are charged to employment candidates.

Contracting. We provide RPO clients with a range of outsourced professional contract staffing services and managed service provider services offered sometimes on a standalone basis and sometimes as part of a blended total talent solution. We recognize revenue for our contracting services over time as services are performed in an amount that reflects the consideration we expect to be entitled to and have an enforceable right to payment in exchange for our services, which is generally calculated as hours worked multiplied by the agreed-upon hourly bill rate. The client simultaneously receives and consumes the benefits of the services as they are provided. We do not incur incremental costs to obtain our contracting contracts. The costs incurred to fulfill these contracts are expensed as incurred.

Unsatisfied performance obligations. As a practical expedient, we do not disclose the value of unsatisfied performance obligations for (i) contracts with an expected original duration of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.

Disaggregation of Revenue

The following table presents our disaggregated revenues from continuing operations by revenue source. For additional information on the disaggregated revenues by geographical segment, see Note 12 of the Notes to the Condensed Consolidated Financial Statements.



	Three Months Ended September 30,
	2020		2019
RPO Recruitment	$	8,780	$	11,507
Contracting	16,633		14,255
Total Revenue	$	25,413	$	25,762



	Nine Months Ended September 30,
	2020		2019
RPO Recruitment	$	27,488	$	32,790
Contracting	46,629		35,573
Total Revenue	$	74,117	$	68,363

DISCONTINUED OPERATIONS

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

On March 31, 2018, the Company completed the sale of its Recruitment and Talent Management ("RTM") businesses in Belgium, Europe (excluding Belgium), and Asia Pacific ("APAC") in separate transactions to Value Plus NV, Morgan Philips Group S.A., and Apache Group Holdings Pty Limited, respectively. The gross proceeds from the sale were $38,960. In addition, $17,626 of debt was assumed by the buyers. The RTM businesses met the criteria for discontinued operations set forth in ASC 205.

Reported results for the discontinued operations were as follows:



	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Loss from sale of discontinued operations	$	18	$	(113	)
Loss from discontinued operations before income taxes	18		(113		)
Provision for income taxes	—		—
Loss from discontinued operations, net of income taxes	$	18	$	(113	)

STOCK-BASED COMPENSATION

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

Incentive Compensation Plan

The Company maintains the Hudson Global, Inc. 2009 Incentive Stock and Awards Plan, as amended and restated May 24, 2016 and further amended on September 14, 2020 (the "ISAP"), pursuant to which it can issue equity-based compensation incentives to eligible participants. The ISAP permits the granting of stock options, restricted stock, restricted stock units, and other types of equity-based awards. The Compensation Committee (the "Compensation Committee") of the Board will establish such conditions as it deems appropriate on the granting or vesting of stock options, restricted stock, restricted stock units, and other types of equity-based awards. As determined by the Compensation Committee, equity awards also may be subject to immediate vesting upon the occurrence of certain events following a change in control of the Company. The Company primarily grants restricted stock and restricted stock units to its employees. A restricted stock unit is equivalent to one share of the Company’s common stock and is payable only in common stock of the Company issued under the ISAP.

The Compensation Committee administers the ISAP and may designate any of the following as a participant under the ISAP: any officer or other employee of the Company or its affiliates or individuals engaged to become an officer or employee; consultants or other independent contractors who provide services to the Company or its affiliates; and non-employee directors of the Company. On September 14, 2020, the Company's stockholders approved amendments to the ISAP to, among other things, increase the number of shares of the Company's common stock that are reserved for issuance by 250,000 shares. As of September 30, 2020, there were 265,076 shares of the Company’s common stock available for future issuance under the ISAP.

The Company also maintains the Director Deferred Share Plan (the "Director Plan") pursuant to which it can issue restricted stock units to its non-employee directors. A restricted stock unit is equivalent to one share of the Company’s common stock and is payable only in common stock issued under the ISAP upon a director ceasing service as a member of the Company's Board. The restricted stock units vest immediately upon grant and are credited to each of the non-employee director's retirement accounts under the Director Plan. Restricted stock units issued under the Director Plan contain the right to a dividend equivalent award in the form of additional restricted stock units. The dividend equivalent award is calculated using the same rate as the cash dividend paid on a share of the Company's common stock, and then divided by the closing price of the Company’s common stock on the date the dividend is paid to determine the number of additional restricted stock units to grant. Dividend equivalent awards have the same vesting terms as the underlying awards. During the nine months ended September 30, 2020, the Company granted 42,134 restricted stock units to its non-employee directors pursuant to the Director Plan.

As of September 30, 2020, 196,911 restricted stock units are deferred under the Company’s ISAP.

For the three and nine months ended September 30, 2020 and 2019, the Company’s stock-based compensation expense related to stock options and restricted stock units was as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Stock options	$	—	$	—	$	—	$	—
Restricted stock units	334		202		571		811
Total	$	334	$	202	$	571	$	811

Stock Options

Stock options granted by the Company generally expire between five and ten years after the date of grant and have an exercise price of at least 100% of the fair market value of the underlying share of common stock on the date of grant.

As of September 30, 2020, the Company had no unrecognized stock-based compensation expense related to outstanding unvested stock options.

Changes in the Company’s stock options for the nine months ended September 30, 2020 and 2019 were as follows:



	Nine Months Ended September 30,
	2020			2019
	Number of Options	Weighted Average Exercise Price per Share		Number of Options	Weighted Average Exercise Price per Share
Options outstanding at January 1,	5,000	$	24.90	5,000	$	24.90
Expired/forfeited	—	—		—	—
Options outstanding at September 30,	5,000	$	24.90	5,000	$	24.90
Options exercisable at September 30,	5,000	$	24.90	5,000	$	24.90

Restricted Stock Units

As of September 30, 2020, the Company had approximately $87 of unrecognized stock-based compensation expense related to outstanding unvested restricted stock units. The Company expects to recognize that cost over a weighted average service period of 1.30 years. Restricted stock units have no voting or dividend rights until the awards are vested.

Changes in the Company’s restricted stock units for the nine months ended September 30, 2020 and 2019 were as follows:



	Nine Months Ended September 30,
	2020				2019
	Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value		Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,	63,436		$	15.12	57,773		$	15.68
Granted	10,310		$	9.01	85,139		$	15.04
Shares earned above target ^(a)	—		$	—	723		$	17.00
Vested	(33,188	)	$	12.83	(61,612	)	$	14.91
Forfeited	(22,384	)	$	15.20	(15,090	)	$	15.38
Unvested restricted stock units at September 30,	18,174		$	15.75	66,933		$	15.22


(a)	The number of shares earned above target are based on the performance target established by the Compensation Committee at the initial grant date.

Subsequent to the end of the third quarter, on October 1, 2020, the Company granted 52,226 shares of common stock to be issued over 30 months in connection with the acquisition of Coit Staffing, Inc. See Note 14 for additional information.

INCOME TAXES

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

Income Tax Provision

Under ASC 270, "Interim Reporting", and ASC 740-270, "Income Taxes – Intra Period Tax Allocation", the Company is required to adjust its effective tax rate for each quarter to be consistent with the estimated annual effective tax rate. Jurisdictions with a projected loss for the full year where no tax benefit can be recognized are excluded from the calculation of the estimated annual effective tax rate. Applying the provisions of ASC 270 and ASC 740-270 could result in a higher or lower effective tax rate during a particular quarter, based upon the mix and timing of actual earnings versus annual projections.

In response to the COVID-19 pandemic, many governments have enacted or are contemplating measures to provide aid and economic stimulus packages. These measures may include deferring the due dates of tax payments or other changes to their income and non-income-based tax laws. The CARES Act, which was enacted on March 27, 2020 in the U.S., includes measures to assist companies, including temporary changes to income and non-income-based-tax laws. The enactment of the CARES Act and other COVID-19 measures did not result in any material adjustments to our income tax provision for the three and nine months ended September 30, 2020, or to our net deferred tax assets as of September 30, 2020. The Company continues to monitor federal, state, and international regulatory developments in relation to COVID-19 and their potential impact on our operations.

Effective Tax Rate

The provision for income taxes for the nine months ended September 30, 2020 was $538 on a pre-tax loss from continuing operations of $1,902, compared to a provision for income taxes of $356 on pre-tax loss from continuing operations of $1,969 for the same period in 2019. The Company’s effective income tax rate was negative 28% and negative 18% for the nine months ended September 30, 2020 and 2019, respectively. For the nine months ended September 30, 2020 and 2019, the effective tax rates differed from the U.S. Federal statutory rate of 21% primarily due to changes in valuation allowances in the U.S. and certain foreign jurisdictions which reduces or eliminates the effective tax rate on current year profits or losses, changes to unrecognized tax benefits, foreign tax rate differences, and non-deductible expenses.

Uncertain Tax Positions

As of September 30, 2020 and December 31, 2019, the Company had $654 and $663, respectively, of unrecognized tax benefits, excluding interest and penalties, which if recognized in the future, would lower the Company’s effective income tax rate.

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as part of the provision for income taxes. As of September 30, 2020 and December 31, 2019, the Company had $563 and $551, respectively, of accrued interest and penalties associated with unrecognized tax benefits.

Based on information available as of September 30, 2020, it is reasonably possible that the total amount of unrecognized tax benefits could decrease by up to $200 over the next 12 months as a result of projected resolutions of global tax examinations and controversies and potential expirations of the applicable statutes of limitations.

In many cases, the Company’s unrecognized tax benefits are related to tax years that remain subject to examination by the relevant tax authorities. Tax years with net operating losses ("NOLs") remain open until such losses expire or until the statutes of limitations for those years when the NOLs are used expire. As of September 30, 2020, the Company's open tax years, which remain subject to examination by the relevant tax authorities, were principally as follows:



		Year
Earliest tax years which remain subject to examination by the relevant tax authorities:
U.S. Federal		2016
Majority of U.S. state and local jurisdictions		2015
Australia		2018
Belgium		2017
Canada		2015
Netherlands		2014
Switzerland		2015
United Kingdom		2018
Jurisdictions in Asia		2018

The Company believes that its unrecognized tax benefits as of September 30, 2020 are appropriately recorded for all years subject to examination above.

EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

LOSS PER SHARE

Basic earnings (loss) per share is computed by dividing the Company’s net income (loss) by the weighted average number of shares outstanding during the period. When the effects are not anti-dilutive, diluted earnings (loss) per share is computed by dividing the Company’s net income (loss) by the weighted average number of shares outstanding and the impact of all dilutive potential common shares, primarily stock options "in-the-money", unvested restricted stock, and unvested restricted stock units. The dilutive impact of stock options, unvested restricted stock, and unvested restricted stock units is determined by applying the "treasury stock" method. Performance-based restricted stock awards are included in the computation of diluted earnings per share only to the extent that the underlying performance conditions: (i) are satisfied prior to the end of the reporting period; or (ii) would be satisfied if the end of the reporting period were the end of the related performance period and the result would be dilutive under the treasury stock method. Stock awards subject to vesting or exercisability based on the achievement of market conditions are included in the computation of diluted earnings per share only when the market conditions are met.

A reconciliation of the numerators and denominators of the basic and diluted loss per share calculations for the three and nine months ended September 30, 2020 and 2019 were as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2020				2019		2020				2019
Loss per share ("EPS"):
EPS - basic and diluted:
(Loss) earnings per share from continuing operations	$	(0.41	)		$	0.11	$	(0.84	)		$	(0.74	)
Earnings (loss) per share from discontinued operations	—				0.01		—				(0.04		)
(Loss) earnings per share	$	(0.41	)		$	0.12	$	(0.84	)		$	(0.77	)
EPS numerator - basic and diluted:
(Loss) income from continuing operations	$	(1,157	)		$	346	$	(2,440	)		$	(2,325	)
Income (loss) from discontinued operations	—				18		—				(113		)
Net (loss) income	$	(1,157	)		$	364	$	(2,440	)		$	(2,438	)
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	2,858				3,082		2,920				3,150
Common stock equivalents: stock options and restricted stock units ^(a)	—			^(a)	36		—			^(a)	—			^(a)
Weighted average number of common stock outstanding - diluted	2,858				3,118		2,920				3,150

(a)

The diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 6 for further details on outstanding stock options and unvested restricted stock units) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings per share.

The weighted average number of shares outstanding used in the computation of diluted net income (loss) per share for the three and nine months ended September 30, 2020 and 2019 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive:



	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
Unvested restricted stock units	18,174	—	18,174	66,933
Stock options	5,000	5,000	5,000	5,000
Total	23,174	5,000	23,174	71,933

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Consulting, Employment, and Non-compete Agreements

The Company has entered into various consulting and employment agreements with certain key members of management. These agreements generally (i) are one year in length, (ii) contain restrictive covenants, (iii) under certain circumstances, provide for compensation and, subject to providing the Company with a release, severance payments, and (iv) are automatically renewed annually unless either party gives sufficient notice of termination.

Litigation and Complaints

The Company is subject, from time to time, to various claims, lawsuits, contracts disputes, and other complaints from, for example, clients, candidates, suppliers, landlords for both leased and subleased properties, former and current employees, and regulators or tax authorities arising in the ordinary course of business. The Company routinely monitors claims such as these, and records provisions for losses when the claim becomes probable and the amount due is estimable. Although the outcome of these claims cannot be determined, the Company believes that the final resolution of these matters will not have a material adverse effect on the Company’s financial condition, results of operations or liquidity.

For matters that reach the threshold of probable and estimable, the Company establishes reserves for legal, regulatory, and other contingent liabilities. The legal reserves are included under the caption "Other non-current liabilities" in the Condensed Consolidated Balance Sheets. The Company's reserves were $0 as of September 30, 2020 and December 31, 2019, respectively.

Departure of Chief Financial Officer

As previously disclosed, on May 31, 2019, the Company and Patrick Lyons, the Company's former Chief Financial Officer, determined that Mr. Lyons would leave his positions with the Company effective June 30, 2019. As a result, during the three and six months ended June 30, 2019, the Company recognized compensation expense of $485 to its former Chief Financial Officer classified within salaries and related expense in the Company's Condensed Consolidated Statements of Operations. Additionally, Mr. Lyons agreed to serve as a consultant to the Company to assist with certain financial and operational matters from July 1, 2019 through December 31, 2019. In consideration for his services as a consultant, the Company paid Mr. Lyons 750 shares of the Company’s common stock at the end of each month during the term of his consulting agreement with the Company.

Operating Leases

Effective January 1, 2019, the Company adopted the new lease guidelines detailed in ASU 2016-02. Lease payments for short-term leases with terms of 12 months or less based on original lease commencement date are recognized on a straight-line basis over the lease term. Adoption of this standard resulted in the recording of net operating lease right-of-use assets and corresponding operating lease liabilities of $0.7 million for rented office spaces.

Our office space leases have remaining lease terms of one year to three years. Some of these operating leases include options to extend the lease terms, and some operating leases include options to terminate the leases earlier than the full terms. These options are considered in our determination of the valuation of our right-of-use assets and lease liabilities.

None of our operating leases include implicit rates, and we have determined that the difference between the contractual cost basis and the present value of lease payments calculated using incremental borrowing rates is not material. Our operating lease costs for the nine months ended September 30, 2020 and 2019 were $407 and $399, respectively (reflected in Net cash used in operating activities). The weighted average remaining lease term of our operating leases as of September 30, 2020 was 1.1 years.

As of September 30, 2020, future minimum operating lease payments are as follows:



	2020		2021		2022		Total
Minimum lease payments	$	69	$	182	$	22	$	273

Invoice Finance Credit Facility

On April 8, 2019, the Company’s Australian subsidiary (“Australian Borrower”) entered into an invoice finance credit facility agreement (the “NAB Facility Agreement”) with National Australia Bank Limited (“NAB”). The NAB Facility Agreement provides the Australian Borrower with the ability to borrow funds based on a percentage of eligible trade receivables up to a maximum of 4 million Australian dollars. No receivables have terms greater than 90 days, and any risk of loss is retained by the Australian Borrower. The interest rate is calculated as the variable receivable finance indicator rate, plus a margin of 1.60% per annum. Borrowings under this facility are secured by substantially all of the assets of the Australian Borrower. The NAB Facility Agreement does not have a stated maturity date and can be terminated by either the Australian Borrower or NAB upon 90 days written notice. As of September 30, 2020, there were no amounts outstanding under the NAB Facility Agreement. Interest expense and fees incurred on the NAB Facility Agreement were $4 and $14 for the three and nine months ended September 30, 2020, respectively.

The NAB Facility Agreement contains various restrictions and covenants for the Australian Borrower including (1) that EBITDA must be at least two times total interest paid on debt on a 12-month rolling basis; (2) minimum tangible net worth must be at least 2.5 million Australian dollars and be equal to at least 25% of total tangible assets on June 30 and December 31 (as defined in the NAB Facility Agreement); and (3) additional periodic reporting requirements to NAB. The Australian Borrower was in compliance with all financial covenants under the NAB Facility Agreement as of September 30, 2020.

Amounts borrowed from the NAB Facility are large, contain short maturities and have quick turnovers. Amounts borrowed and repaid are presented on a net basis on the Condensed Consolidated Statements of Cash Flows.

Paycheck Protection Program

On April 26, 2020, the Company's wholly owned U.S. subsidiary, Hudson Global Resources Management, Inc., received a $1.3 million loan in connection with the PPP as part of the CARES Act, administered by the SBA. As a result of the COVID-19 pandemic, in applying for the loan the Company made a good faith assertion based upon the degree of uncertainty introduced to the capital markets and the industries affecting the Company's customers and the Company's dependency to curtail expenses to fund ongoing operations as the anticipated reduction in RPO recruitment revenue is expected to impact the business. The PPP loan proceeds are used to help offset payroll costs as stipulated in the legislation. All or a portion of the PPP loan may be forgiven by the SBA upon application by the Company and upon documentation of expenditures in accordance with the SBA requirements. Under the CARES Act, loan forgiveness is available for the sum of documented payroll costs, covered rent payments, covered mortgage interest and covered utilities. The Company intends to comply with the loan forgiveness provisions in the legislation, however, there are no assurances that the Company will obtain forgiveness for any portion of the loan.

The PPP loan has a 1.00% interest rate and is scheduled to mature on April 26, 2022. The loan is subject to the terms and conditions applicable to loans administered by the SBA under the CARES Act. The loan may be prepaid by the Company at any time prior to maturity with no prepayment penalties. As of September 30, 2020, $810 of the PPP loan proceeds are reflected in Short-term debt, $516 are reflected in Long-term debt on the Condensed Consolidated Balance Sheets, and the Company recorded $6 of interest expense. As of September 30, 2020, the Company is in compliance with all provisions related to the PPP loan.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss, net of applicable tax, consisted of the following:



	September 30,			December 31,
	2020			2019
Foreign currency translation adjustments	$	(333	)	$	(479	)
Accumulated other comprehensive loss	$	(333	)	$	(479	)

STOCKHOLDERS' EQUITY	9 Months Ended
STOCKHOLDERS' EQUITY	Sep. 30, 2020
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY Common Stock On July 30, 2015, the Company announced that its Board authorized the repurchase of up to $10,000 of the Company's common stock. The Company intends to make purchases from time to time as market conditions warrant. This authorization does not expire. During the nine months ended September 30, 2020, no purchases of shares were made under this authorization. The Company repurchased 48,706 shares on the open market for $655 during the same period last year. As of September 30, 2020, under the July 30, 2015 authorization, the Company had repurchased 432,563 shares for a total cost of $8,297. In addition to the shares repurchased above under the $10,000 authorization plan, on February 22, 2019, the Company commenced a tender offer to purchase up to 315,000 shares of the Company’s common stock at a purchase price of $15.00 per share. The tender offer expired on March 22, 2019. In accordance with the terms and conditions of the tender offer, the Company acquired 246,863 shares for an aggregate cost of $3,703, excluding fees and expenses of $125. On March 27, 2020, the Company, in addition to the $10,000 authorization plan, completed transactions with certain stockholders to repurchase 259,331 shares of the Company's common stock, for an aggregate cost of $2,238, excluding fees of $1. Reverse Stock Split On June 10, 2019, the Company announced a Reverse Split of its outstanding shares of common stock at a ratio of 1-for-10 and that it had also reduced the number of authorized shares of common stock to 20 million shares. The Reverse Split had no effect on the par value of the Company's common stock, but it reduced the number of issued and outstanding shares of common stock by a factor of 10. All issued and outstanding shares, stock-based compensation disclosures, net loss per share, and other share and per share disclosures for all periods presented have been retrospectively adjusted to reflect the impact of this Reverse Split. STOCKHOLDER RIGHTS PLAN On October 15, 2018, the Company’s Board declared a dividend to the Company’s stockholders of record as of the close of business on October 25, 2018 (the "Record Date"), for each outstanding share of the Company’s common stock, of one right (a "Right") to purchase one one-hundredth of a share of a new series of participating preferred stock of the Company. The terms of the Rights are set forth in the Rights Agreement, dated as of October 15, 2018 (the "Rights Agreement"), by and between the Company and Computershare Trust Company, N.A., as rights agent. The Company's stockholders approved the Rights Agreement at the Company’s 2019 annual meeting of stockholders held on May 6, 2019. Each Right allows its holder to purchase from the Company one one-hundredth of a share of the Company’s Series B Junior Participating Preferred Stock ("Series B Preferred Stock") for a purchase price of $3.50. Each fractional share of Series B Preferred Stock would give the stockholder approximately the same dividend, voting and liquidation rights as does one share of common stock. Prior to exercise, however, a Right does not give its holder any dividend, voting or liquidation rights. The Board entered into the Rights Agreement in an effort to preserve the value of the Company’s significant U.S. NOLs and other tax benefits. The Company’s ability to utilize its NOLs may be substantially limited if the Company experiences an "ownership change" within the meaning of Section 382 of the Internal Revenue Code of 1986, as amended (the "Code"). In general, an "ownership change" would occur if the percentage of the Company’s ownership by one or more "5-percent shareholders" (as defined in the Code) increases by more than 50 percent over the lowest percentage owned by such stockholders at any time during the prior three years. The Rights Agreement is designed to preserve the Company’s tax benefits by deterring transfers of common stock that could result in an "ownership change" under Section 382 of the Code. The Rights Agreement replaced the Company’s prior rights agreement designed to preserve the value of the Company’s NOLs, which was approved by stockholders in 2015 and expired in accordance with its terms in January 2018. The Company also has a provision in its Amended and Restated Certificate of Incorporation (the "Charter Provision") which generally prohibits transfers of its common stock that could result in an ownership change. The Company believes that in light of the significant amount of the NOLs, it is advisable to adopt the Rights Agreement in addition to the Charter Provision. In general terms, the Rights Agreement imposes a significant penalty upon any person or group that acquires beneficial ownership (as defined under the Rights Agreement) of 4.99% or more of the outstanding common stock without the prior approval of the Board (an "Acquiring Person"). Any Rights held by an Acquiring Person are void and may not be exercised. The Rights will not be exercisable until the earlier of (i) 10 days after a public announcement by the Company that a person or group has become an Acquiring Person; and (ii) 10 business days (or a later date determined by the Board) after a person or group begins a tender or an exchange offer that, if completed, would result in that person or group becoming an Acquiring Person. Until the date that the Rights become exercisable (the "Distribution Date"), common stock certificates will also evidence the Rights and will contain a notation to that effect. Any transfer of shares of common stock prior to the Distribution Date will constitute a transfer of the associated Rights. After the Distribution Date, the Rights will separate from the common stock and be evidenced by Right certificates, which the Company will mail to all holders of Rights that have not become void. After the Distribution Date, if a person or group already is or becomes an Acquiring Person, all holders of Rights, except the Acquiring Person, may exercise their Rights upon payment of the purchase price to purchase shares of common stock (or other securities or assets as determined by the Board) with a market value of two times the purchase price (a "Flip-in Event"). After the Distribution Date, if a Flip-in Event has already occurred and the Company is acquired in a merger or similar transaction, all holders of Rights, except the Acquiring Person, may exercise their Rights upon payment of the purchase price, to purchase shares of the acquiring or other appropriate entity with a market value of two times the purchase price of the Rights. Rights may be exercised to purchase Series B Preferred Stock only after the Distribution Date occurs and prior to the occurrence of a Flip-in Event as described above. A Distribution Date resulting from the commencement of a tender offer or an exchange offer as described in the second bullet point above could precede the occurrence of a Flip-in Event, in which case the Rights could be exercised to purchase Series B Preferred Stock. A Distribution Date resulting from any occurrence described in the first bullet point above would necessarily follow the occurrence of a Flip-in Event, in which case the Rights could be exercised to purchase shares of common stock (or other securities or assets) as described above. The Rights Agreement grants discretion to the Board to designate a person as an "Exempt Person" or to designate a transaction involving common stock as an "Exempt Transaction." An "Exempt Person" cannot become an Acquiring Person under the Rights Agreement. The Board can revoke an "Exempt Person" designation if it subsequently makes a contrary determination regarding whether a transaction by such person may jeopardize the availability of the Company’s tax benefits. The Rights will expire on the earliest of (i) October 15, 2021, the third anniversary of the date on which the Board authorized and declared a dividend of the Rights, or such earlier date as of which the Board determines that the Rights Agreement is no longer necessary for the preservation of the Company’s tax benefits, (ii) the time at which the Rights are redeemed, (iii) the time at which the Rights are exchanged, (iv) the effective time of the repeal of Section 382 of the Code if the Board determines that the Rights Agreement is no longer necessary for the preservation of the Company’s tax benefits, (v) the first day of a taxable year to which the Board determines that no NOLs or other tax benefits may be carried forward, and (vi) the day following the certification of the voting results of the Company’s 2019 annual meeting of stockholders, if stockholder ratification of the adoption of the Rights Agreement has not been obtained prior to that date. The Board may redeem all (but not less than all) of the Rights for a redemption price of $0.001 per Right at any time before the later of the Distribution Date and the date of the first public announcement or disclosure by the Company that a person or group has become an Acquiring Person. Once the Rights are redeemed, the right to exercise the Rights will terminate, and the only right of the holders of such Rights will be to receive the redemption price. The redemption price will be adjusted if the Company declares a stock split or issues a stock dividend on common stock. After the later of the Distribution Date and the date of the first public announcement by the Company that a person or group has become an Acquiring Person, but before an Acquiring Person owns 50% or more of the outstanding common stock, the Board may exchange each Right (other than Rights that have become void) for one share of common stock or an equivalent security. The Board may adjust the purchase price of the Series B Preferred Stock, the number of shares of Series B Preferred Stock issuable and the number of outstanding Rights to prevent dilution that may occur as a result of certain events, including, among others, a stock dividend, a stock split or a reclassification of the Series B Preferred Stock or common stock. No adjustments to the purchase price of less than one percent will be made. Before the time the Rights cease to be redeemable, the Board may amend or supplement the Rights Agreement without the consent of the holders of the Rights, except that no amendment may decrease the redemption price below $0.001 per Right. At any time thereafter, the Board may amend or supplement the Rights Agreement to cure an ambiguity, to alter time period provisions, to correct inconsistent provisions or to make any additional changes to the Rights Agreement, but only to the extent that those changes do not impair or adversely affect the interests of the holders of Rights and do not result in the Rights again becoming redeemable. The limitations on the Board’s ability to amend the Rights Agreement does not affect the Board’s power or ability to take any other action that is consistent with its fiduciary duties, including, without limitation, accelerating or extending the expiration date of the Rights, or making any amendment to the Rights Agreement that is permitted by the Rights Agreement or adopting a new rights agreement with such terms as the Board determines in its sole discretion to be appropriate.

SEGMENT AND GEOGRAPHIC DATA

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC DATA

Segment Reporting

The Company operates in three reportable segments: the regional businesses of Americas, Asia Pacific, and Europe. Corporate expenses are reported separately from the three reportable segments and pertain to certain functions, such as executive management, corporate governance, human resources, accounting, administration, tax, and treasury. Segment information is presented in accordance with ASC 280, "Segment Reporting." This standard is based on a management approach that requires segmentation based upon the Company’s internal organization and disclosure of revenue and certain expenses based upon internal accounting methods. The Company’s financial reporting systems present various data for management to run the business, including internal profit and loss statements prepared on a basis not consistent with U.S. GAAP. Accounts receivable, net is the only significant asset separated by segment for internal reporting purposes.



	Americas			Asia Pacific			Europe			Corporate			Inter-Segment Elimination			Total
For The Three Months Ended September 30, 2020
Revenue, from external customers	$	1,934		$	19,877		$	3,602		$	—		$	—		$	25,413
Inter-segment revenue	97			—			—			—			(97		)	—
Total revenue	$	2,031		$	19,877		$	3,602		$	—		$	(97	)	$	25,413
Adjusted net revenue, from external customers ^(a)	$	1,678		$	5,002		$	2,390		$	—		$	—		$	9,070
Inter-segment adjusted net revenue	97			—			(97		)	—			—			—
Total adjusted net revenue	$	1,775		$	5,002		$	2,293		$	—		$	—		$	9,070
EBITDA (loss) ^(b)	$	(789	)	$	517		$	(40	)	$	(669	)	$	—		$	(981	)
Depreciation and amortization	(5		)	(13		)	(6		)	(1		)	—			(25		)
Intercompany interest (expense) income, net	—			(81		)	—			81			—			—
Interest (expense) income, net	(4		)	2			—			16			—			14
Income (loss) from continuing operations before income taxes	$	(798	)	$	425		$	(46	)	$	(573	)	$	—		$	(992	)

For The Nine Months Ended September 30, 2020
Revenue, from external customers	$	7,328		$	55,661		$	11,128		$	—		$	—		$	74,117
Inter-segment revenue	97			6			—			—			(103		)	—
Total revenue	$	7,425		$	55,667		$	11,128		$	—		$	(103	)	$	74,117
Adjusted net revenue, from external customers^(a)	$	6,431		$	14,331		$	7,036		$	—		$	—		$	27,798
Inter-segment adjusted net revenue	97			6			(103		)	—			—			—
Total adjusted net revenue	$	6,528		$	14,337		$	6,933		$	—		$	—		$	27,798
EBITDA (loss) ^(b)	$	(1,767	)	$	1,879		$	323		$	(2,397	)	$	—		$	(1,962	)
Depreciation and amortization	(14		)	(38		)	(17		)	(4		)	—			(73		)
Intercompany interest (expense) income, net	—			(240		)	—			240			—			—
Interest (expense) income, net	(6		)	2			—			137			—			133
Income (loss) from continuing operations before income taxes	$	(1,787	)	$	1,603		$	306		$	(2,024	)	$	—		$	(1,902	)

As of September 30, 2020
Accounts receivable, net	$	1,353		$	7,558		$	3,005		$	—		$	—		$	11,916
Total assets	$	3,809		$	14,022		$	7,597		$	18,567		$	—		$	43,995



	Americas			Asia Pacific			Europe			Corporate			Inter- Segment Elimination			Total
For The Three Months Ended September 30, 2019
Revenue, from external customers	$	3,510		$	17,436		$	4,816		$	—		$	—		$	25,762
Inter-segment revenue	12			—			(1		)	—			(11		)	—
Total revenue	$	3,522		$	17,436		$	4,815		$	—		$	(11	)	$	25,762
Adjusted net revenue, from external customers ^(a)	$	3,205		$	5,574		$	2,617		$	—		$	—		$	11,396
Inter-segment adjusted net revenue	11			(12		)	—			—			1			—
Total adjusted net revenue	$	3,216		$	5,562		$	2,617		$	—		$	1		$	11,396
EBITDA (loss) ^(b)	$	3		$	821		$	178		$	(572	)	$	—		$	430
Depreciation and amortization	(5		)	(12		)	(5		)	(1		)	—			(23		)
Intercompany interest (expense) income, net	—			(95		)	—			95			—			—
Interest income, net	—			(4		)	—			92			—			88
Income (loss) from continuing operations before income taxes	$	(2	)	$	710		$	173		$	(386	)	$	—		$	495

For The Nine Months Ended September 30, 2019
Revenue, from external customers	$	10,632		$	43,569		$	14,162		$	—		$	—		$	68,363
Inter-segment revenue	75			—			2			—			(77		)	—
Total revenue	$	10,707		$	43,569		$	14,164		$	—		$	(77	)	$	68,363
Adjusted net revenue, from external customers ^(a)	$	9,558		$	15,584		$	7,309		$	—		$	—		$	32,451
Inter-segment adjusted net revenue	72			(70		)	3			—			(5		)	—
Total adjusted net revenue	$	9,630		$	15,514		$	7,312					$	(5	)	$	32,451
EBITDA (loss) ^(b)	$	17		$	1,135		$	(139	)	$	(3,446	)	$	—		$	(2,433	)
Depreciation and amortization	(14		)	(27		)	(18		)	(3		)	—			(62		)
Intercompany interest (expense) income, net	—			(296		)	—			296			—			—
Interest income, net	—			(4		)	—			530			—			526
Income (loss) from continuing operations before income taxes	$	3		$	808		$	(157	)	$	(2,623	)	$	—		$	(1,969	)

As of September 30, 2019
Accounts receivable, net	$	3,295		$	8,594		$	3,849		$	(47	)	$	—		$	15,691
Total assets	$	5,122		$	11,930		$	7,003		$	23,094		$	—		$	47,149

(a)

Adjusted net revenue is net of the Direct contracting costs and reimbursed expenses caption on the Condensed Consolidated Statements of Operations. Direct contracting costs and reimbursed expenses include the direct staffing costs of salaries, payroll taxes, employee benefits, travel expenses, and insurance costs for the Company’s contractors and reimbursed out-of-pocket expenses and other direct costs. The region where services are provided, the mix of RPO recruitment and contracting, and the functional nature of the staffing services provided can affect operating income and EBITDA. The salaries, commissions, payroll taxes, and employee benefits related to recruitment professionals are included under the caption "Salaries and related" in the Consolidated Statements of Operations.

(b)

SEC Regulation S-K Item 229.10(e)1(ii)(A) defines EBITDA as earnings before interest, taxes, depreciation and amortization. EBITDA is presented to provide additional information to investors about the Company's operations on a basis consistent with the measures that the Company uses to manage its operations and evaluate its performance. Management also uses this measurement to evaluate working capital requirements. EBITDA should not be considered in isolation or as a substitute for operating income and net income prepared in accordance with U.S. GAAP or as a measure of the Company's profitability.

Geographic Data Reporting

A summary of revenues for the three and nine months ended September 30, 2020 and 2019 and net assets by geographic area as of September 30, 2020 and 2019, presented net of discontinued operations, were as follows:



	Australia		United Kingdom		United States		Other		Total
For The Three Months Ended September 30, 2020
Revenue ^(a)	$	18,085	$	3,151	$	1,620	$	2,557	$	25,413
For The Three Months Ended September 30, 2019
Revenue ^(a)	$	15,325	$	4,295	$	3,219	$	2,923	$	25,762
For The Nine Months Ended September 30, 2020
Revenue ^(a)	$	50,082	$	9,629	$	6,393	$	8,013	$	74,117
For The Nine Months Ended September 30, 2019
Revenue ^(a)	$	37,382	$	12,794	$	9,759	$	8,428	$	68,363
As of September 30, 2020
Net assets	$	4,581	$	3,397	$	18,388	$	5,692	$	32,058
As of September 30, 2019
Net assets	$	2,737	$	2,358	$	23,387	$	5,476	$	33,958

(a) Revenue by geographic region disclosed above is net of any inter-segment revenue and, therefore, represents only revenue from external customers according to the location of the operating subsidiary.

STOCKHOLDER RIGHTS PLAN	9 Months Ended
STOCKHOLDER RIGHTS PLAN	Sep. 30, 2020
Stockholder Rights Plan [Abstract]
Stockholders' Rights Plan	STOCKHOLDERS' EQUITY Common Stock On July 30, 2015, the Company announced that its Board authorized the repurchase of up to $10,000 of the Company's common stock. The Company intends to make purchases from time to time as market conditions warrant. This authorization does not expire. During the nine months ended September 30, 2020, no purchases of shares were made under this authorization. The Company repurchased 48,706 shares on the open market for $655 during the same period last year. As of September 30, 2020, under the July 30, 2015 authorization, the Company had repurchased 432,563 shares for a total cost of $8,297. In addition to the shares repurchased above under the $10,000 authorization plan, on February 22, 2019, the Company commenced a tender offer to purchase up to 315,000 shares of the Company’s common stock at a purchase price of $15.00 per share. The tender offer expired on March 22, 2019. In accordance with the terms and conditions of the tender offer, the Company acquired 246,863 shares for an aggregate cost of $3,703, excluding fees and expenses of $125. On March 27, 2020, the Company, in addition to the $10,000 authorization plan, completed transactions with certain stockholders to repurchase 259,331 shares of the Company's common stock, for an aggregate cost of $2,238, excluding fees of $1. Reverse Stock Split On June 10, 2019, the Company announced a Reverse Split of its outstanding shares of common stock at a ratio of 1-for-10 and that it had also reduced the number of authorized shares of common stock to 20 million shares. The Reverse Split had no effect on the par value of the Company's common stock, but it reduced the number of issued and outstanding shares of common stock by a factor of 10. All issued and outstanding shares, stock-based compensation disclosures, net loss per share, and other share and per share disclosures for all periods presented have been retrospectively adjusted to reflect the impact of this Reverse Split. STOCKHOLDER RIGHTS PLAN On October 15, 2018, the Company’s Board declared a dividend to the Company’s stockholders of record as of the close of business on October 25, 2018 (the "Record Date"), for each outstanding share of the Company’s common stock, of one right (a "Right") to purchase one one-hundredth of a share of a new series of participating preferred stock of the Company. The terms of the Rights are set forth in the Rights Agreement, dated as of October 15, 2018 (the "Rights Agreement"), by and between the Company and Computershare Trust Company, N.A., as rights agent. The Company's stockholders approved the Rights Agreement at the Company’s 2019 annual meeting of stockholders held on May 6, 2019. Each Right allows its holder to purchase from the Company one one-hundredth of a share of the Company’s Series B Junior Participating Preferred Stock ("Series B Preferred Stock") for a purchase price of $3.50. Each fractional share of Series B Preferred Stock would give the stockholder approximately the same dividend, voting and liquidation rights as does one share of common stock. Prior to exercise, however, a Right does not give its holder any dividend, voting or liquidation rights. The Board entered into the Rights Agreement in an effort to preserve the value of the Company’s significant U.S. NOLs and other tax benefits. The Company’s ability to utilize its NOLs may be substantially limited if the Company experiences an "ownership change" within the meaning of Section 382 of the Internal Revenue Code of 1986, as amended (the "Code"). In general, an "ownership change" would occur if the percentage of the Company’s ownership by one or more "5-percent shareholders" (as defined in the Code) increases by more than 50 percent over the lowest percentage owned by such stockholders at any time during the prior three years. The Rights Agreement is designed to preserve the Company’s tax benefits by deterring transfers of common stock that could result in an "ownership change" under Section 382 of the Code. The Rights Agreement replaced the Company’s prior rights agreement designed to preserve the value of the Company’s NOLs, which was approved by stockholders in 2015 and expired in accordance with its terms in January 2018. The Company also has a provision in its Amended and Restated Certificate of Incorporation (the "Charter Provision") which generally prohibits transfers of its common stock that could result in an ownership change. The Company believes that in light of the significant amount of the NOLs, it is advisable to adopt the Rights Agreement in addition to the Charter Provision. In general terms, the Rights Agreement imposes a significant penalty upon any person or group that acquires beneficial ownership (as defined under the Rights Agreement) of 4.99% or more of the outstanding common stock without the prior approval of the Board (an "Acquiring Person"). Any Rights held by an Acquiring Person are void and may not be exercised. The Rights will not be exercisable until the earlier of (i) 10 days after a public announcement by the Company that a person or group has become an Acquiring Person; and (ii) 10 business days (or a later date determined by the Board) after a person or group begins a tender or an exchange offer that, if completed, would result in that person or group becoming an Acquiring Person. Until the date that the Rights become exercisable (the "Distribution Date"), common stock certificates will also evidence the Rights and will contain a notation to that effect. Any transfer of shares of common stock prior to the Distribution Date will constitute a transfer of the associated Rights. After the Distribution Date, the Rights will separate from the common stock and be evidenced by Right certificates, which the Company will mail to all holders of Rights that have not become void. After the Distribution Date, if a person or group already is or becomes an Acquiring Person, all holders of Rights, except the Acquiring Person, may exercise their Rights upon payment of the purchase price to purchase shares of common stock (or other securities or assets as determined by the Board) with a market value of two times the purchase price (a "Flip-in Event"). After the Distribution Date, if a Flip-in Event has already occurred and the Company is acquired in a merger or similar transaction, all holders of Rights, except the Acquiring Person, may exercise their Rights upon payment of the purchase price, to purchase shares of the acquiring or other appropriate entity with a market value of two times the purchase price of the Rights. Rights may be exercised to purchase Series B Preferred Stock only after the Distribution Date occurs and prior to the occurrence of a Flip-in Event as described above. A Distribution Date resulting from the commencement of a tender offer or an exchange offer as described in the second bullet point above could precede the occurrence of a Flip-in Event, in which case the Rights could be exercised to purchase Series B Preferred Stock. A Distribution Date resulting from any occurrence described in the first bullet point above would necessarily follow the occurrence of a Flip-in Event, in which case the Rights could be exercised to purchase shares of common stock (or other securities or assets) as described above. The Rights Agreement grants discretion to the Board to designate a person as an "Exempt Person" or to designate a transaction involving common stock as an "Exempt Transaction." An "Exempt Person" cannot become an Acquiring Person under the Rights Agreement. The Board can revoke an "Exempt Person" designation if it subsequently makes a contrary determination regarding whether a transaction by such person may jeopardize the availability of the Company’s tax benefits. The Rights will expire on the earliest of (i) October 15, 2021, the third anniversary of the date on which the Board authorized and declared a dividend of the Rights, or such earlier date as of which the Board determines that the Rights Agreement is no longer necessary for the preservation of the Company’s tax benefits, (ii) the time at which the Rights are redeemed, (iii) the time at which the Rights are exchanged, (iv) the effective time of the repeal of Section 382 of the Code if the Board determines that the Rights Agreement is no longer necessary for the preservation of the Company’s tax benefits, (v) the first day of a taxable year to which the Board determines that no NOLs or other tax benefits may be carried forward, and (vi) the day following the certification of the voting results of the Company’s 2019 annual meeting of stockholders, if stockholder ratification of the adoption of the Rights Agreement has not been obtained prior to that date. The Board may redeem all (but not less than all) of the Rights for a redemption price of $0.001 per Right at any time before the later of the Distribution Date and the date of the first public announcement or disclosure by the Company that a person or group has become an Acquiring Person. Once the Rights are redeemed, the right to exercise the Rights will terminate, and the only right of the holders of such Rights will be to receive the redemption price. The redemption price will be adjusted if the Company declares a stock split or issues a stock dividend on common stock. After the later of the Distribution Date and the date of the first public announcement by the Company that a person or group has become an Acquiring Person, but before an Acquiring Person owns 50% or more of the outstanding common stock, the Board may exchange each Right (other than Rights that have become void) for one share of common stock or an equivalent security. The Board may adjust the purchase price of the Series B Preferred Stock, the number of shares of Series B Preferred Stock issuable and the number of outstanding Rights to prevent dilution that may occur as a result of certain events, including, among others, a stock dividend, a stock split or a reclassification of the Series B Preferred Stock or common stock. No adjustments to the purchase price of less than one percent will be made. Before the time the Rights cease to be redeemable, the Board may amend or supplement the Rights Agreement without the consent of the holders of the Rights, except that no amendment may decrease the redemption price below $0.001 per Right. At any time thereafter, the Board may amend or supplement the Rights Agreement to cure an ambiguity, to alter time period provisions, to correct inconsistent provisions or to make any additional changes to the Rights Agreement, but only to the extent that those changes do not impair or adversely affect the interests of the holders of Rights and do not result in the Rights again becoming redeemable. The limitations on the Board’s ability to amend the Rights Agreement does not affect the Board’s power or ability to take any other action that is consistent with its fiduciary duties, including, without limitation, accelerating or extending the expiration date of the Rights, or making any amendment to the Rights Agreement that is permitted by the Rights Agreement or adopting a new rights agreement with such terms as the Board determines in its sole discretion to be appropriate.

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENT On October 1, 2020, the Company, entered into an asset purchase agreement (the “APA”) by and among the Company, Hudson Coit, Inc., a wholly-owned subsidiary of the Company (“Buyer”), Coit Staffing, Inc. (“Seller”), Joe Belluomini and Tim Farrelly (together with Mr. Belluomini, the “Principals”) and completed the acquisition by Buyer of substantially all of the assets used in the business of the Seller and assumed certain liabilities of the Seller, as set forth in the APA (the “Acquisition”). As outlined in the APA, the Seller received (i) Four Million Dollars ($4,000,000) in cash subject to certain adjustments set forth in the APA at the closing of the Acquisition; (ii) a promissory note in the aggregate principal amount of One Million Three Hundred Fifty Thousand Dollars ($1,350,000), payable in installments on the first, second and third anniversaries of the closing and subject to the satisfaction of certain conditions as further described in the APA; (iii) Five Hundred Thousand Dollars ($500,000) worth of shares of the Company’s common stock with the amount of such shares to be determined by dividing $500,000 by the volume weighted average price of the Company's common stock for the five trading days prior to the closing date and to be issued in three equal installments on each of the 10 month, 20 month, and 30 month anniversaries of the closing date, subject to the satisfaction of certain conditions as further described in the APA; and (iv) earn-out payments in an aggregate amount not to exceed Three Million Five Hundred Thirty Thousand Dollars ($3,530,000) over a two-year period upon the achievement of certain performance thresholds, subject to the satisfaction of certain conditions as further described in the APA. In connection with the Acquisition, the Principals each entered into employment agreements with the Company with a term of two years.

REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue



	Three Months Ended September 30,
	2020		2019
RPO Recruitment	$	8,780	$	11,507
Contracting	16,633		14,255
Total Revenue	$	25,413	$	25,762



	Nine Months Ended September 30,
	2020		2019
RPO Recruitment	$	27,488	$	32,790
Contracting	46,629		35,573
Total Revenue	$	74,117	$	68,363

DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Reported results for the discontinued operations were as follows:



	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Loss from sale of discontinued operations	$	18	$	(113	)
Loss from discontinued operations before income taxes	18		(113		)
Provision for income taxes	—		—
Loss from discontinued operations, net of income taxes	$	18	$	(113	)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details

STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of stock-based compensation expense

For the three and nine months ended September 30, 2020 and 2019, the Company’s stock-based compensation expense related to stock options and restricted stock units was as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Stock options	$	—	$	—	$	—	$	—
Restricted stock units	334		202		571		811
Total	$	334	$	202	$	571	$	811

Changes in stock options

Changes in the Company’s stock options for the nine months ended September 30, 2020 and 2019 were as follows:



	Nine Months Ended September 30,
	2020			2019
	Number of Options	Weighted Average Exercise Price per Share		Number of Options	Weighted Average Exercise Price per Share
Options outstanding at January 1,	5,000	$	24.90	5,000	$	24.90
Expired/forfeited	—	—		—	—
Options outstanding at September 30,	5,000	$	24.90	5,000	$	24.90
Options exercisable at September 30,	5,000	$	24.90	5,000	$	24.90

Changes in restricted stock units

Changes in the Company’s restricted stock units for the nine months ended September 30, 2020 and 2019 were as follows:



	Nine Months Ended September 30,
	2020				2019
	Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value		Number of Restricted Stock Units		Weighted Average Grant-Date Fair Value
Unvested restricted stock units at January 1,	63,436		$	15.12	57,773		$	15.68
Granted	10,310		$	9.01	85,139		$	15.04
Shares earned above target ^(a)	—		$	—	723		$	17.00
Vested	(33,188	)	$	12.83	(61,612	)	$	14.91
Forfeited	(22,384	)	$	15.20	(15,090	)	$	15.38
Unvested restricted stock units at September 30,	18,174		$	15.75	66,933		$	15.22


(a)	The number of shares earned above target are based on the performance target established by the Compensation Committee at the initial grant date.

INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2020

Income Tax Disclosure [Abstract]

Open Years Subject to Tax Examination

As of September 30, 2020, the Company's open tax years, which remain subject to examination by the relevant tax authorities, were principally as follows:



		Year
Earliest tax years which remain subject to examination by the relevant tax authorities:
U.S. Federal		2016
Majority of U.S. state and local jurisdictions		2015
Australia		2018
Belgium		2017
Canada		2015
Netherlands		2014
Switzerland		2015
United Kingdom		2018
Jurisdictions in Asia		2018

EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

A reconciliation of the numerators and denominators of the basic and diluted loss per share calculations for the three and nine months ended September 30, 2020 and 2019 were as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2020				2019		2020				2019
Loss per share ("EPS"):
EPS - basic and diluted:
(Loss) earnings per share from continuing operations	$	(0.41	)		$	0.11	$	(0.84	)		$	(0.74	)
Earnings (loss) per share from discontinued operations	—				0.01		—				(0.04		)
(Loss) earnings per share	$	(0.41	)		$	0.12	$	(0.84	)		$	(0.77	)
EPS numerator - basic and diluted:
(Loss) income from continuing operations	$	(1,157	)		$	346	$	(2,440	)		$	(2,325	)
Income (loss) from discontinued operations	—				18		—				(113		)
Net (loss) income	$	(1,157	)		$	364	$	(2,440	)		$	(2,438	)
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	2,858				3,082		2,920				3,150
Common stock equivalents: stock options and restricted stock units ^(a)	—			^(a)	36		—			^(a)	—			^(a)
Weighted average number of common stock outstanding - diluted	2,858				3,118		2,920				3,150

(a)

Schedule of antidilutive securities excluded from computation of earnings per share



	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
Unvested restricted stock units	18,174	—	18,174	66,933
Stock options	5,000	5,000	5,000	5,000
Total	23,174	5,000	23,174	71,933

ACCUMUATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive loss, net of applicable tax, consisted of the following:



	September 30,			December 31,
	2020			2019
Foreign currency translation adjustments	$	(333	)	$	(479	)
Accumulated other comprehensive loss	$	(333	)	$	(479	)

SEGMENT AND GEOGRAPHIC DATA (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information



	Americas			Asia Pacific			Europe			Corporate			Inter- Segment Elimination			Total
For The Three Months Ended September 30, 2019
Revenue, from external customers	$	3,510		$	17,436		$	4,816		$	—		$	—		$	25,762
Inter-segment revenue	12			—			(1		)	—			(11		)	—
Total revenue	$	3,522		$	17,436		$	4,815		$	—		$	(11	)	$	25,762
Adjusted net revenue, from external customers ^(a)	$	3,205		$	5,574		$	2,617		$	—		$	—		$	11,396
Inter-segment adjusted net revenue	11			(12		)	—			—			1			—
Total adjusted net revenue	$	3,216		$	5,562		$	2,617		$	—		$	1		$	11,396
EBITDA (loss) ^(b)	$	3		$	821		$	178		$	(572	)	$	—		$	430
Depreciation and amortization	(5		)	(12		)	(5		)	(1		)	—			(23		)
Intercompany interest (expense) income, net	—			(95		)	—			95			—			—
Interest income, net	—			(4		)	—			92			—			88
Income (loss) from continuing operations before income taxes	$	(2	)	$	710		$	173		$	(386	)	$	—		$	495

For The Nine Months Ended September 30, 2019
Revenue, from external customers	$	10,632		$	43,569		$	14,162		$	—		$	—		$	68,363
Inter-segment revenue	75			—			2			—			(77		)	—
Total revenue	$	10,707		$	43,569		$	14,164		$	—		$	(77	)	$	68,363
Adjusted net revenue, from external customers ^(a)	$	9,558		$	15,584		$	7,309		$	—		$	—		$	32,451
Inter-segment adjusted net revenue	72			(70		)	3			—			(5		)	—
Total adjusted net revenue	$	9,630		$	15,514		$	7,312					$	(5	)	$	32,451
EBITDA (loss) ^(b)	$	17		$	1,135		$	(139	)	$	(3,446	)	$	—		$	(2,433	)
Depreciation and amortization	(14		)	(27		)	(18		)	(3		)	—			(62		)
Intercompany interest (expense) income, net	—			(296		)	—			296			—			—
Interest income, net	—			(4		)	—			530			—			526
Income (loss) from continuing operations before income taxes	$	3		$	808		$	(157	)	$	(2,623	)	$	—		$	(1,969	)

As of September 30, 2019
Accounts receivable, net	$	3,295		$	8,594		$	3,849		$	(47	)	$	—		$	15,691
Total assets	$	5,122		$	11,930		$	7,003		$	23,094		$	—		$	47,149

(a)

(b)

Revenue and long-lived assets by geographic area



	Australia		United Kingdom		United States		Other		Total
For The Three Months Ended September 30, 2020
Revenue ^(a)	$	18,085	$	3,151	$	1,620	$	2,557	$	25,413
For The Three Months Ended September 30, 2019
Revenue ^(a)	$	15,325	$	4,295	$	3,219	$	2,923	$	25,762
For The Nine Months Ended September 30, 2020
Revenue ^(a)	$	50,082	$	9,629	$	6,393	$	8,013	$	74,117
For The Nine Months Ended September 30, 2019
Revenue ^(a)	$	37,382	$	12,794	$	9,759	$	8,428	$	68,363
As of September 30, 2020
Net assets	$	4,581	$	3,397	$	18,388	$	5,692	$	32,058
As of September 30, 2019
Net assets	$	2,737	$	2,358	$	23,387	$	5,476	$	33,958

DESCRIPTION OF BUSINESS (Details) $ / shares in Units, $ in Thousands, shares in Millions		3 Months Ended	9 Months Ended
	Jun. 10, 2019 shares	Sep. 30, 2020 USD ($) Country	Sep. 30, 2020 USD ($) Segment Country	Apr. 26, 2020 USD ($)	Feb. 22, 2019 $ / shares
Description of Business [Abstract]
Number of Reportable Segments \| Segment			3
Number of Countries in which Entity Operates \| Country		10	10
Government assistance, Non-US		$ 0	$ 0
Loans, paycheck protection program		$ 1,300	$ 1,300	$ 1,300
Approved Tender Offer, Par Value \| $ / shares					$ 0.001
Reduction of shares (in shares) \| shares	20

ACCOUNTING PRONOUNCEMENTS (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (Decrease) in Prepaid Expense and Other Assets	$ 418	$ (298)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 29,733	$ 28,881	$ 31,718	$ 41,060

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Revenue	$ 25,413	$ 25,762	$ 74,117	$ 68,363
RPO Recruitment
Disaggregation of Revenue [Line Items]
Revenue	8,780	11,507	27,488	32,790
RPO Contracting
Disaggregation of Revenue [Line Items]
Revenue	$ 16,633	$ 14,255	$ 46,629	$ 35,573

DISCONTINUED OPERATIONS - Additional Details (Details) - RTM - Discontinued Operations - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses	$ 38,960
Debt assumed by buyer		$ 17,626

DISCONTINUED OPERATIONS - Income Statement Disclosures (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from discontinued operations, net of income taxes	$ 0	$ 18	$ 0	$ (113)
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from sale of discontinued operations		18		(113)
Loss from discontinued operations before income taxes		18		(113)
Provision for income taxes		0		0
Loss from discontinued operations, net of income taxes		$ 18		$ (113)

- Definition

Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References + Details

- Definition

Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

STOCK-BASED COMPENSATION - Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	May 24, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance					250,000
Common stock reserved for issuance to participants	265,076		265,076
Stock-based compensation	$ 334	$ 202	$ 571	$ 811
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of share of restricted stock (shares)			10,310	85,139
Stock-based compensation	334	202	$ 571	$ 811
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 0	$ 0	$ 0	$ 0
Non-Employee Director \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of share of restricted stock (shares)			42,134
Number outstanding	196,911		196,911

STOCK-BASED COMPENSATION - Stock Options Activity (Details) - Stock options - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Option Award Exercise Price as a Percentage of the Fair Market Value of a Share of Common Stock	100.00%
Total compensation cost not yet recognized	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Options outstanding, Number of Options, At the Beginning of the Year (shares)	5,000	5,000
Expired, number of options (shares)	0	0
Options outstanding, Number of Options, At the End of the Period (shares)	5,000	5,000
Options exercisable, Number of Options, At the End of the Period (shares)	5,000	5,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Options outstanding, weighted average exercise price per share, At the Beginning of the Year (usd per share)	$ 24.90	$ 24.90
Expired, weighted average exercise price per share (usd per share)	0.00	0.00
Options outstanding, weighted average exercise price per share, At the End of the Period (usd per share)	24.90	24.90
Options exercisable, weighted average exercise price per share, At the End of the Period (usd per share)	$ 24.90	$ 24.90

STOCK-BASED COMPENSATION - Restricted Stock Units (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock grants related to acquisition	265,076
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation cost not yet recognized	$ 87
Weighted average service period	1 year 3 months 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Non-vested restricted stock (units), number of shares of restricted stock (unit), At the Beginning of the Year (shares)	63,436	57,773
Granted, Number of share of restricted stock (shares)	10,310	85,139
Share-based Compensation Arrangement By Share-based Payment Award, Equity Instruments Other Than Options, Shares Earned Above Target	0	723
Vested, number of share of restricted stock (shares)	(33,188)	(61,612)
Forfeited, number of share of restricted stock (shares)	(22,384)	(15,090)
Non-vested restricted stock (units), number of shares of restricted stock (unit), At the End of the Period (shares)	18,174	66,933
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Non-vested restricted stock (units), weighted average grant date fair value, At the Beginning of the Year (usd per share)	$ 15.12	$ 15.68
Granted, weighted average grant date fair value (usd per share)	9.01	15.04
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Shares Earned Above Target, Weighted Average Grant Date Fair Value	0.00	17.00
Vested, weighted average grant date fair value (usd per share)	12.83	14.91
Forfeited, weighted average grant date fair value (usd per share)	15.20	15.38
Non-vested restricted stock (units), weighted average grant date fair value, At the End of the Period (usd per share)	$ 15.75	$ 15.22
Non-Employee Director \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted, Number of share of restricted stock (shares)	42,134
Coit Staffing, Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock grants related to acquisition	52,226

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
INCOME TAXES (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Tax open years subject to examination [Line Items]
Provision for income taxes from continuing operations	$ 165	$ 149	$ 538	$ 356
Pre-tax income (loss)	(992)	$ 495	$ (1,902)	$ (1,969)
Effective income tax rate			(28.00%)	(18.00%)
U.S. Federal statutory rate			21.00%
Unrecognized tax benefits	654		$ 654		$ 663
Accrued interest and penalties	563		$ 563		$ 551
U.S. Federal [Member]
Tax open years subject to examination [Line Items]
Open Tax Year			2016
Other U.S. state and local juristictions [Member]
Tax open years subject to examination [Line Items]
Open Tax Year			2015
Australia
Tax open years subject to examination [Line Items]
Open Tax Year			2018
BELGIUM
Tax open years subject to examination [Line Items]
Open Tax Year			2017
CANADA
Tax open years subject to examination [Line Items]
Open Tax Year			2015
NETHERLANDS
Tax open years subject to examination [Line Items]
Open Tax Year			2014
SWITZERLAND
Tax open years subject to examination [Line Items]
Open Tax Year			2015
United Kingdon
Tax open years subject to examination [Line Items]
Open Tax Year			2018
Justifications in Asia [Member]
Tax open years subject to examination [Line Items]
Open Tax Year			2018
Maximum
Tax open years subject to examination [Line Items]
Possible decrease of unrecognized tax benefits	$ 200		$ 200

EARNINGS (LOSS) PER SHARE - Computation of Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
EPS - basic and diluted:
Loss per share from continuing operations	$ (0.41)	$ 0.11	$ (0.84)	$ (0.74)
(Loss) earnings per share from discontinued operations	0.00	0.01	0.00	(0.04)
(Loss) earnings per share	$ (0.41)	$ 0.12	$ (0.84)	$ (0.77)
EPS numerator - basic and diluted:
Income (loss) from continuing operations	$ (1,157)	$ 346	$ (2,440)	$ (2,325)
(Loss) income from discontinued operations, net of income taxes	0	18	0	(113)
Net (loss) income	$ (1,157)	$ 364	$ (2,440)	$ (2,438)
EPS denominator:
Weighted-average common stock outstanding - basic (in shares)	2,858	3,082	2,920	3,150
Common stock equivalents: stock options and restricted stock units	0	36	0	0
Weighted-average number of common stock outstanding - diluted (in shares)	2,858	3,118	2,920	3,150

EARNINGS (LOSS) PER SHARE - Antidilutive Securities Excluded From The Computation of Earnings (Loss) Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	23,174.000	5,000	23,174.000	71,933.000
Unvested restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	18,174	0	18,174	66,933
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	5,000	5,000	5,000	5,000

COMMITMENTS AND CONTINGENCIES (Details)		3 Months Ended		6 Months Ended	9 Months Ended
COMMITMENTS AND CONTINGENCIES (Details)	Apr. 08, 2019 AUD ($)	Sep. 30, 2020 USD ($)	Sep. 30, 2019 USD ($)	Dec. 31, 2019 USD ($) shares	Sep. 30, 2020 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2020 AUD ($)	Sep. 30, 2020 USD ($)	Apr. 26, 2020 USD ($)	Jan. 01, 2019 USD ($)
Commitments And Contingencies [Line Items]
Shares for consultant (in shares) \| shares				750
Legal Reserves				$ 0				$ 0
Lessee, Operating Lease, Liability, Payments, Due Year Two								69,000
Lessee, Operating Lease, Liability, Payments, Due Year Three								182,000
Lessee, Operating Lease, Liability, Payments, Due Year Four								22,000
Lessee, Operating Lease, Liability, Payments, Due								273,000
Operating lease right-of-use assets				401,000				$ 269,000
Operating Lease, Cost					$ 407,000	$ 0
Operating Lease, Weighted Average Remaining Lease Term							1 year 1 month 6 days	1 year 1 month 6 days
Loans, paycheck protection program								$ 1,300,000	$ 1,300,000
Short-term debt				0				810,000
Long-term Debt				$ 0				$ 516,000
Accounting Standards Update 2016-02 [Member]
Commitments And Contingencies [Line Items]
Operating lease right-of-use assets										$ 700,000
Maximum
Commitments And Contingencies [Line Items]
Lessee, Operating Lease, Remaining Lease Term					3 years
Minimum
Commitments And Contingencies [Line Items]
Lessee, Operating Lease, Remaining Lease Term					1 year
NAB Facility Agreement [Member] \| Line of Credit [Member]
Commitments And Contingencies [Line Items]
Debt Instrument, Termination of Debt Notice	90 days
Interest Expense		$ 4			$ 14
Debt Instrument, Restrictions and Covenants, Number Of Times EBITDA Must Be Paid Total Interest Period Within A Period of Twelve Months Rolling Basis	2
Debt Instrument, Restrictions and Covenants, Tangible Net Worth, Minimum	$ 2,500,000
Line of Credit Facility, Maximum Borrowing Capacity							$ 4,000,000
Debt Instrument, Restrictions and Covenants, Tangible Assets, Minimum							25.00%	25.00%
Paycheck Protection Program [Member]
Commitments And Contingencies [Line Items]
Debt Instrument, Interest Rate, Effective Percentage							1.00%	1.00%
Interest Expense					$ 6,000
Variable Receivable Finance Indicator [Member] \| NAB Facility Agreement [Member] \| Line of Credit [Member]
Commitments And Contingencies [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.60%
Former Chief Financial Officer [Member]
Commitments And Contingencies [Line Items]
Compensation expense			$ 485,000			$ 485,000

ACCUMUATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation adjustments	$ (333)	$ (479)
Accumulated other comprehensive loss	$ (333)	$ (479)

- Definition

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References + Details

STOCKHOLDERS' EQUITY (Details) - USD ($)		1 Months Ended	9 Months Ended		50 Months Ended
STOCKHOLDERS' EQUITY (Details) - USD ($)	Jun. 10, 2019	Mar. 22, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2019	Mar. 27, 2020	Feb. 22, 2019	Jul. 30, 2015
Equity, Class of Treasury Stock [Line Items]
Authorized amount of stock repurchase program								$ 10,000,000
Stock Repurchased During Period, Shares		246,863
Payments for Repurchase of Common Stock		$ 3,703,000	$ 2,239,000	$ 4,482,000
Payments for Repurchase of Common Stock, Fees and Expenses		$ 125,000
Reduction of shares (in shares)	20,000,000
Common Stock
Equity, Class of Treasury Stock [Line Items]
Approved Tender Offer, Amount							$ 315,000
Approved Tender Offer, Per Share							$ 15.00
Open Market Repurchases
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares			0	48,706.000
Payments for Repurchase of Common Stock			$ 0	$ 655,000
June 30 2015 Authorization
Equity, Class of Treasury Stock [Line Items]
Treasury Stock Acquired, Average Cost Per Share					$ 8,297,000
Treasury Stock, Shares, Acquired					432,563
March 27, 2020 Program [Member]
Equity, Class of Treasury Stock [Line Items]
Authorized amount of stock repurchase program						$ 2,238,000
Stock Repurchase Program, Number of Shares Authorized to be Repurchased						259,331
Stock Repurchase Program, Cost						$ 1,000

SEGMENT AND GEOGRAPHIC DATA - Segment Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2020 USD ($) Segment	Sep. 30, 2019 USD ($)	Dec. 31, 2019 USD ($)	Jun. 30, 2019 USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments \| Segment			3
Revenue from external customers	$ 25,413	$ 25,762	$ 74,117	$ 68,363
Inter-segment revenue	0	0	0	0
Revenue	25,413	25,762	74,117	68,363
Adjusted net revenue, from external customers	9,070	11,396	27,798	32,451
Inter-segment adjusted net revenue	0	0	0	0
Total adjusted net revenue	9,070	11,396	27,798	32,451
EBITDA (loss)	(981)	430	(1,962)	(2,433)
Depreciation and amortization	(25)	(23)	(73)	(62)
Segment Reporting Information, Intersegment Interest Income (Expense), Net	0	0	0	0
Interest income, net	14	88	133	526
(Loss) income from continuing operations before provision for income taxes	(992)	495	(1,902)	(1,969)
Accounts receivable, net	11,916		11,916		$ 12,795	$ 15,691
Total assets	43,995		43,995		$ 46,704	47,149
Operating Segments \| Americas
Segment Reporting Information [Line Items]
Revenue from external customers	1,934	3,510	7,328	10,632
Inter-segment revenue	97	12	97	75
Revenue	2,031	3,522	7,425	10,707
Adjusted net revenue, from external customers	1,678	3,205	6,431	9,558
Inter-segment adjusted net revenue	97	11	97	72
Total adjusted net revenue	1,775	3,216	6,528	9,630
EBITDA (loss)	(789)	3	(1,767)	17
Depreciation and amortization	(5)	(5)	(14)	(14)
Segment Reporting Information, Intersegment Interest Income (Expense), Net	0	0	0	0
Interest income, net	(4)	0	(6)	0
(Loss) income from continuing operations before provision for income taxes	(798)	(2)	(1,787)	3
Accounts receivable, net	1,353		1,353			3,295
Total assets	3,809		3,809			5,122
Operating Segments \| Asia Pacific
Segment Reporting Information [Line Items]
Revenue from external customers	19,877	17,436	55,661	43,569
Inter-segment revenue	0	0	6	0
Revenue	19,877	17,436	55,667	43,569
Adjusted net revenue, from external customers	5,002	5,574	14,331	15,584
Inter-segment adjusted net revenue	0	(12)	6	(70)
Total adjusted net revenue	5,002	5,562	14,337	15,514
EBITDA (loss)	517	821	1,879	1,135
Depreciation and amortization	(13)	(12)	(38)	(27)
Segment Reporting Information, Intersegment Interest Income (Expense), Net	(81)	(95)	(240)	(296)
Interest income, net	2	(4)	2	(4)
(Loss) income from continuing operations before provision for income taxes	425	710	1,603	808
Accounts receivable, net	7,558		7,558			8,594
Total assets	14,022		14,022			11,930
Operating Segments \| Europe
Segment Reporting Information [Line Items]
Revenue from external customers	3,602	4,816	11,128	14,162
Inter-segment revenue	0	(1)	0	2
Revenue	3,602	4,815	11,128	14,164
Adjusted net revenue, from external customers	2,390	2,617	7,036	7,309
Inter-segment adjusted net revenue	(97)	0	(103)	3
Total adjusted net revenue	2,293	2,617	6,933	7,312
EBITDA (loss)	(40)	178	323	(139)
Depreciation and amortization	(6)	(5)	(17)	(18)
Segment Reporting Information, Intersegment Interest Income (Expense), Net	0	0	0	0
Interest income, net	0	0	0	0
(Loss) income from continuing operations before provision for income taxes	(46)	173	306	(157)
Accounts receivable, net	3,005		3,005			3,849
Total assets	7,597		7,597			7,003
Corporate
Segment Reporting Information [Line Items]
Revenue from external customers	0	0	0	0
Inter-segment revenue	0	0	0	0
Revenue	0	0	0	0
Adjusted net revenue, from external customers	0	0	0	0
Inter-segment adjusted net revenue	0	0	0	0
Total adjusted net revenue	0	0	0
EBITDA (loss)	(669)	(572)	(2,397)	(3,446)
Depreciation and amortization	(1)	(1)	(4)	(3)
Segment Reporting Information, Intersegment Interest Income (Expense), Net	81	95	240	296
Interest income, net	16	92	137	530
(Loss) income from continuing operations before provision for income taxes	(573)	(386)	(2,024)	(2,623)
Accounts receivable, net	0		0			(47)
Total assets	18,567		18,567			23,094
Inter-Segment Elimination
Segment Reporting Information [Line Items]
Revenue from external customers	0	0	0	0
Inter-segment revenue	(97)	(11)	(103)	(77)
Revenue	(97)	(11)	(103)	(77)
Adjusted net revenue, from external customers	0	0	0	0
Inter-segment adjusted net revenue	0	1	0	(5)
Total adjusted net revenue	0	1	0	(5)
EBITDA (loss)	0	0	0	0
Depreciation and amortization	0	0	0	0
Segment Reporting Information, Intersegment Interest Income (Expense), Net	0	0	0	0
Interest income, net	0	0	0	0
(Loss) income from continuing operations before provision for income taxes	0	$ 0	0	$ 0
Accounts receivable, net	0		0			0
Total assets	$ 0		$ 0			$ 0

SEGMENT AND GEOGRAPHIC DATA - Geographic Data Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2019
Segment Reporting Information [Line Items]
Revenue	$ 25,413	$ 25,762	$ 74,117	$ 68,363
Net assets	32,058		32,058		$ 33,958
United Kingdon
Segment Reporting Information [Line Items]
Revenue	3,151	4,295	9,629	12,794
Net assets	3,397		3,397		2,358
Australia
Segment Reporting Information [Line Items]
Revenue	18,085	15,325	50,082	37,382
Net assets	4,581		4,581		2,737
United States
Segment Reporting Information [Line Items]
Revenue	1,620	3,219	6,393	9,759
Net assets	18,388		18,388		23,387
Other
Segment Reporting Information [Line Items]
Revenue	2,557	$ 2,923	8,013	$ 8,428
Net assets	$ 5,692		$ 5,692		$ 5,476

STOCKHOLDER RIGHTS PLAN (Details) - USD ($)	Oct. 15, 2018	Sep. 30, 2020	Dec. 31, 2019
Class of Stock [Line Items]
Warrants and Rights, Option to Exercise, Market Value Multiplier of Purchase Price	2
Common stock, par value (dollars per share)		$ 0.001	$ 0.001
Warrants and Rights, Preferred Stock to Common Stock Conversion, Treatment	1
Warrants And Rights, Not Exercisable, Number of Days After Public Announcement of Acquiring Person	10 days
Warrants And Rights, Not Exercisable, Number of Days After Tender or Exchange Offer Is Completed By Acquiring Person	10 days
Temporary Equity, Redemption Price Per Share	$ 0.001
Warrants and Rights, Right to Share Conversion	1
Warrants and Rights, Adjustments To Purchase Price Of Less Than One Percent	$ 0
Class of Warrant or Right, Unissued	1
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Common stock, par value (dollars per share)	$ 3.50
Minimum
Class of Stock [Line Items]
Ownership Percentage, Common Stock, Without Approval of Board	4.99%
Warrants and Rights, Percentage of Common Stock Owned By Acquiring Person	50.00%

SUBSEQUENT EVENTS (Details) - Coit Staffing, Inc. - Subsequent Event	Oct. 01, 2020 USD ($)
Subsequent Event [Line Items]
Consideration transferred	$ 4,000,000
Promissory note	1,350,000
Common shares	$ 500,000
Installment period, one	10 months
Installment period, two	20 months
Installment period, three	30 months
Earn out payment	$ 3,530,000
Earn out payment, period	2 years
Employment agreement period	2 years