Stockholders’ (Deficit) Equity (Tables) - Staffing 360 Solutions, Inc. [Member]
|
9 Months Ended |
12 Months Ended |
Sep. 28, 2024 |
Dec. 30, 2023 |
| Class of Stock [Line Items] |
|
|
| Schedule of Shares Common Stock |
The Company issued the following shares of common stock during the nine months ended September 28, 2024:
|
Shares issued to/for:
|
|
Number of
Common Shares
Issued
|
|
Fair Value
of Shares
Issued
|
|
Fair Value at Issuance
(minimum and maximum
per share)
|
|
Warrants Exercised
|
|
433,936 |
|
$
|
3,602 |
|
$
|
8.30 |
|
$
|
8.30 |
|
Board and committee members
|
|
127,000 |
|
|
545 |
|
$
|
0.28 |
|
$
|
4.10 |
| |
|
560,936 |
|
$
|
4,147 |
|
|
|
|
|
|
The Company issued the following shares of common stock during the nine-months ended September 30, 2023:
|
Shares issued to/for:
|
|
Number of
Common Shares
Issued
|
|
Fair Value
of Shares
Issued
|
|
Fair Value at Issuance
(minimum and maximum
per share)
|
|
Equity raise
|
|
188,452 |
|
$
|
4,999 |
|
$
|
26.50 |
|
$
|
26.50 |
|
Employees
|
|
17,731 |
|
|
531 |
|
$
|
28.20 |
|
$
|
28.20 |
|
Board and committee members
|
|
16,000 |
|
|
243 |
|
$
|
10.50 |
|
$
|
31.30 |
| |
|
222,183 |
|
$
|
5,773 |
|
|
|
|
|
|
|
The Company issued the following shares of common stock during the twelve-month period ended December 30, 2023:
|
Shares issued to/for:
|
|
Number of
Common Shares
Issued
|
|
Fair Value
of Shares
Issued
|
|
Fair Value at Issuance
(minimum and maximum
per share)
|
|
Equity raise
|
|
1,884,516 |
|
$
|
4,113 |
|
$
|
2.65 |
|
$
|
2.65 |
|
Employees
|
|
177,305 |
|
|
561 |
|
$
|
2.82 |
|
$
|
2.82 |
|
Board and committee members
|
|
160,000 |
|
|
155 |
|
$
|
3.02 |
|
$
|
9.65 |
|
Warrants Exercised per inducement letter
|
|
550,000 |
|
|
1,994 |
|
$
|
0.83 |
|
$
|
0.83 |
|
Shares issued in connection with debt – related party
|
|
200,000 |
|
|
128 |
|
$
|
0.64 |
|
$
|
0.64 |
| |
|
2,971,821 |
|
$
|
6,951 |
|
|
|
|
|
|
|
Shares issued to/for:
|
|
Number of
Common Shares
Issued
|
|
Fair Value
of Shares
Issued
|
|
Fair Value at Issuance
(minimum and maximum
per share)
|
|
Equity raise
|
|
657,858 |
|
$
|
4,013 |
|
$
|
6.10 |
|
$
|
6.10 |
|
Board and committee members
|
|
63,000 |
|
|
201 |
|
|
3.02 |
|
|
9.65 |
|
Related party shares
|
|
100,000 |
|
|
257 |
|
|
2.57 |
|
|
2.57 |
|
Consultants
|
|
36,000 |
|
|
113 |
|
|
3.02 |
|
|
7.40 |
| |
|
856,858 |
|
$
|
4,584 |
|
|
|
|
|
|
|
| Schedule of Unvested Restricted Shares Issued to Employees and Board of Directors |
The table below is a rollforward of unvested restricted shares issued to employees and board of directors.
|
|
|
Restricted
Shares
|
|
Weighted
Average
Price
Per Share
|
|
Outstanding at December 31, 2022
|
|
6,859 |
|
|
$
|
67.20 |
|
Granted
|
|
33,731 |
|
|
|
23.00 |
|
Vested/adjustments
|
|
(17,769 |
)
|
|
|
28.80 |
|
Outstanding at December 30, 2023
|
|
22,821 |
|
|
|
31.80 |
|
Granted
|
|
—
|
|
|
|
—
|
|
Vested/adjustments
|
|
(262 |
)
|
|
|
11.84 |
|
Outstanding at September 28, 2024
|
|
22,559 |
|
|
$
|
28.28 |
|
The table below is a rollforward of unvested restricted shares issued to employees and board of directors.
|
|
|
Restricted
Shares
|
|
Weighted
Average
Price
Per Share
|
|
Outstanding at January 1, 2022
|
|
5,976 |
|
|
$
|
50.00 |
|
Granted
|
|
63,000 |
|
|
|
3.20 |
|
Vested/adjustments
|
|
(384 |
)
|
|
|
88.80 |
|
Outstanding at December 31, 2022
|
|
68,592 |
|
|
|
6.72 |
|
Granted
|
|
337,305 |
|
|
|
2.30 |
|
Vested/adjustments
|
|
(177,689 |
)
|
|
|
2.88 |
|
Balance at December 30, 2023
|
|
228,208 |
|
|
$
|
3.18 |
|
| Schedule of Warrant Issuance |
Transactions involving the Company’s warrant issuances are summarized as follows:
|
|
|
Number of
Shares
|
|
Weighted
Average
Exercise Price
|
|
Outstanding at December 31, 2022
|
|
170,369 |
|
|
$
|
96.10 |
|
Issued
|
|
863,193 |
|
|
|
20.59 |
|
Exercised
|
|
(276,117 |
)
|
|
|
5.90 |
|
Expired or cancelled
|
|
(87,665 |
)
|
|
|
58.50 |
|
Outstanding at December 30, 2023
|
|
669,780 |
|
|
|
34.80 |
|
Issued
|
|
—
|
|
|
|
—
|
|
Exercised
|
|
(433,936 |
)
|
|
|
13.03 |
|
Expired or cancelled
|
|
(138,968 |
)
|
|
|
17.18 |
|
Outstanding at September 28, 2024
|
|
96,876 |
|
|
$
|
240.77 |
|
Transactions involving the Company’s warrant issuances are summarized as follows:
|
|
|
Number of
Shares
|
|
Weighted
Average
Exercise Price
|
|
Outstanding at January 1, 2022
|
|
972,495 |
|
|
$
|
26.88 |
|
Issued
|
|
1,404,478 |
|
|
|
5.83 |
|
Exercised
|
|
—
|
|
|
|
—
|
|
Expired or cancelled
|
|
(673,285 |
)
|
|
|
26.84 |
|
Outstanding at December 31, 2022
|
|
1,703,688 |
|
|
|
9.61 |
|
Issued
|
|
8,631,937 |
|
|
|
1.40 |
|
Exercised
|
|
(2,761,170 |
)
|
|
|
0.59 |
|
Expired or cancelled
|
|
(876,654 |
)
|
|
|
5.85 |
|
Balance at December 30, 2023
|
|
6,697,801 |
|
|
$
|
3.48 |
|
| Schedule of Option Activity |
A summary of option activity during the quarter ended September 28, 2024, is presented below:
|
|
|
Options
|
|
Weighted
Average
Exercise Price
|
|
Outstanding at December 31, 2022
|
|
5,151 |
|
|
$
|
500.60 |
|
Granted
|
|
—
|
|
|
|
—
|
|
Exercised
|
|
—
|
|
|
|
—
|
|
Expired or cancelled
|
|
—
|
|
|
|
—
|
|
Outstanding at December 30, 2023
|
|
5,151 |
|
|
|
500.06 |
|
Granted
|
|
—
|
|
|
|
—
|
|
Exercised
|
|
—
|
|
|
|
—
|
|
Expired or cancelled
|
|
(33 |
)
|
|
|
5,303.57 |
|
Outstanding at September 28, 2024
|
|
5,118 |
|
|
$
|
498.53 |
|
A summary of option activity during Fiscal 2023 and Fiscal 2022 of the Company’s 2014 Equity Incentive Plan, 2015 Omnibus Incentive Plan and the 2016 Omnibus Incentive Plan is presented below:
|
|
|
Options
|
|
Weighted
Average
Exercise Price
|
|
Outstanding at January 1, 2022
|
|
1,302 |
|
$
|
1,665.60 |
|
Granted
|
|
50,000 |
|
|
7.80 |
|
Exercised
|
|
—
|
|
|
—
|
|
Expired or cancelled
|
|
—
|
|
|
—
|
|
Outstanding at December 31, 2022
|
|
51,302 |
|
|
50.06 |
|
Granted
|
|
—
|
|
|
—
|
|
Exercised
|
|
—
|
|
|
—
|
|
Expired or cancelled
|
|
—
|
|
|
—
|
|
Balance at December 30, 2023
|
|
51,302 |
|
$
|
50.06 |
|
| Warrant [Member] |
|
|
| Class of Stock [Line Items] |
|
|
| Schedule of Warrants Outstanding |
The following table summarizes warrants outstanding as of September 28, 2024: | Exercise Price | | Number
Outstanding
and Exercisable | | Weighted
Average
Remaining
Contractual
Life (years) | | Weighted
Average
Exercise price | | $24.70 – $3,000.00 | | 96,876 | | 2.88 | | $ | 240.77 |
|
The following table summarizes warrants outstanding as of December 30, 2023: | Exercise Price | | Number
Outstanding
and Exercisable | | Weighted
Average
Remaining
Contractual
Life (years) | | Weighted
Average
Exercise price | | $3.06 – $3,750.00 | | 6,697,801 | | 3.41 | | $ | 3.48 |
|