v3.22.4
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Income Statement [Abstract]    
Revenues (See Note 2) $ 5,266 $ 8,940
Cost of revenue 4,845 8,245
Gross profit  421 695
Operating expenses:    
Salaries, wages, and payroll taxes 2,259 3,890
Commissions 10 27
Professional fees 1,195 1,737
Software development 60 1,161
Depreciation and amortization 149 123
General and administrative 1,971 2,340
Total operating expenses 5,644 9,278
Operating Loss (5,223) (8,583)
Other (expense) income:    
Interest expense 0 (1)
Other income 0 5
Total other expense 0 4
Loss from continuing operations (5,223) (8,579)
Loss from discontinued operations, net of tax (200) (134)
Net loss (5,423) (8,713)
Preferred stock preferential dividend (127,145) 0
Net loss attributable to ShiftPixy, Inc. shareholders $ (132,568) $ (8,713)
Net loss  per share, Basic and diluted    
Continuing operations, basic (in dollars per share) $ (13.88) $ (24.00)
Continuing operations, diluted (in dollars per share) (13.88) (24.00)
Discontinued operations, basic (in dollars per share) (0.02) 0
Discontinued operations, diluted (in dollars per share) (0.02) 0
Net loss per common share, basic (in dollars per share) (13.90) (24.00)
Net loss per common share, diluted (in dollars per share) $ (13.90) $ (24.00)
Weighted average common shares outstanding, basic (in shares) 9,533,982 359,452
Weighted average common shares outstanding, diluted (in shares) 9,533,982 359,452

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