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Related Party Transactions
9 Months Ended 12 Months Ended
Sep. 28, 2024
Dec. 30, 2023
Staffing 360 Solutions, Inc. [Member]    
Related Party Transactions [Line Items]    
RELATED PARTY TRANSACTIONS

NOTE 12 — RELATED PARTY TRANSACTIONS

In addition to the shares of Series A Preferred Stock and notes and warrants issued to Jackson, the following are other related party transactions:

Board and Committee Members

 

Nine Months Ended September 28, 2024

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

75

 

24,000

 

$

60

 

$

135

Nick Florio

 

 

75

 

25,000

 

 

60

 

 

135

Vincent Cebula

 

 

75

 

24,000

 

 

60

 

 

135

Alicia Barker

 

 

 

24,000

 

 

55

 

 

55

Brendan Flood

 

 

 

24,000

 

 

55

 

 

55

   

$

225

 

121,000

 

$

290

 

$

515

 

Nine Months Ended September 30, 2023

   

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

75

 

3,000

 

$

48

 

$

123

Jeff Grout

 

 

50

 

2,000

 

 

40

 

 

90

Nick Florio

 

 

50

 

2,000

 

 

40

 

 

90

Vincent Cebula

 

 

58

 

3,000

 

 

48

 

 

106

Alicia Barker

 

 

 

3,000

 

 

50

 

 

50

Brendan Flood

 

 

 

3,000

 

 

50

 

 

50

   

$

233

 

16,000

 

$

276

 

$

509

 

Three Months Ended September 28, 2024

   

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

25

 

21,000

 

$

45

 

$

70

Nick Florio

 

 

25

 

21,000

 

 

45

 

 

70

Vincent Cebula

 

 

25

 

21,000

 

 

45

 

 

70

Alicia Barker

 

 

 

21,000

 

 

44

 

 

44

Brendan Flood

 

 

 

21,000

 

 

44

 

 

44

   

$

75

 

105,000

 

$

223

 

$

298

 

Three Months Ended September 30, 2023

   

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

25

 

 

1,000

 

$

8

 

$

33

Jeff Grout

 

 

 

 

 

 

 

 

Nick Florio

 

 

25

 

 

 

 

 

 

25

Vincent Cebula

 

 

8

 

 

1,000

 

 

8

 

 

16

Alicia Barker

 

 

 

 

1,000

 

 

8

 

 

8

Brendan Flood

 

 

 

 

1,000

 

 

8

 

 

8

   

$

58

 

$

4,000

 

$

32

 

$

90

NOTE 16 — RELATED PARTY TRANSACTIONS

In addition to the Series A Preferred Shares and notes and warrants issued to Jackson, the following are other related party transactions:

Board and Committee Members

 

Twelve Months Ended December 30, 2023

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

75

 

30,000

 

$

48

 

$

123

Jeff Grout

 

 

50

 

20,000

 

 

40

 

 

90

Nick Florio

 

 

75

 

20,000

 

 

40

 

 

115

Vincent Cebula

 

 

58

 

30,000

 

 

48

 

 

106

Alicia Barker

 

 

 

30,000

 

 

50

 

 

50

Brendan Flood

 

 

 

30,000

 

 

50

 

 

50

   

$

258

 

160,000

 

$

276

 

$

534

 

Twelve Months Ended December 31, 2022

   

Cash
Compensation

 

Shares
Issued

 

Value of
Shares
Issued

 

Compensation
Expense
Recognized

Dimitri Villard

 

$

100

 

10,600

 

$

34

 

$

134

Jeff Grout

 

 

100

 

10,600

 

 

34

 

 

134

Nick Florio

 

 

100

 

10,600

 

 

34

 

 

134

Vincent Cebula

 

 

100

 

10,600

 

 

34

 

 

134

Alicia Barker

 

 

 

10,600

 

 

34

 

 

34

Brendan Flood

 

 

 

10,000

 

 

30

 

 

30

   

$

400

 

63,000

 

$

200

 

$

600

Appointment of Directors and Officers

On November 4, 2022, the Board of the Company appointed Mr. Joe Yelenic, Senior Vice President, Corporate Finance, as the principal financial officer of the Company.

On January 9, 2024, the Board of the company appointed Ms. Melanie Grossman, Senior Vice President, Corporate Controller, as the principal accounting officer of the Company, effective as of the same date.