DHI GROUP, INC. Form 10-Q Quarterly Report Filed 2025-11-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549


FORM 10-Q

(Mark One)


☑			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 30, 2025

______________________________________________


☐			TRANSITION PERIOD PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE TRANSITION PERIOD FROM TO

Commission File Number: 001-33584

____________________________________________

DHI Group, Inc.

(Exact name of Registrant as specified in its Charter)

______________________________________________


Delaware						20-3179218
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)
6465 South Greenwood Plaza, Suite 400						80111
Centennial, Colorado						(Zip Code)
(Address of principal executive offices)

(515) 978-3737

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

_______________________________________________


Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01 per share	DHX	New York Stock Exchange
Preferred Stock Purchase Rights

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☑ Non-accelerated filer ☐ Smaller Reporting Company ☑ Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☑

As of October 31, 2025, there were 47,157,027 shares of the registrant’s common stock, par value $0.01 per share, outstanding.

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DHI GROUP, INC.

TABLE OF CONTENTS


		Page
PART I.	FINANCIAL INFORMATION
Item 1.	Unaudited Financial Statements	2
	Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024
	Condensed Consolidated Statements of Operations for the three and nine month periods ended September 30, 2025 and 2024
	Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine month periods ended September 30, 2025 and 2024
	Condensed Consolidated Statements of Stockholders' Equity for the three and nine month periods ended September 30, 2025 and 2024
	Condensed Consolidated Statements of Cash Flows for the nine month periods ended September 30, 2025 and 2024
	Notes to Condensed Consolidated Financial Statements

Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	25

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	43

Item 4.	Controls and Procedures	43

PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	45

Item 1A.	Risk Factors	45

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	45

Item 5.	Other Information	47

Item 6.	Exhibits	48

SIGNATURES
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

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PART I

ITEM 1. Financial Statements

DHI GROUP, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands, except per share data)


	September 30, 2025		December 31, 2024
ASSETS
Current assets
Cash	$	2,296	$	3,702
Accounts receivable, net of allowance for credit losses of $1,312 and $1,691	16,102		22,120
Income taxes receivable	1,937		238
Prepaid and other current assets	3,590		3,593
Total current assets	23,925		29,653
Fixed assets, net	14,918		20,390
Capitalized contract costs	6,867		7,465
Operating lease right-of-use assets	5,772		6,518
Investments	1,922		1,827
Acquired intangible assets	15,674		23,800
Goodwill	120,612		128,100
Other assets	2,786		3,618
Total assets	$	192,476	$	221,371
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable and accrued expenses	$	13,474	$	16,154
Deferred revenue	40,714		44,934
Operating lease liabilities	1,732		1,625
Total current liabilities	55,920		62,713
Deferred revenue	268		522
Operating lease liabilities	7,757		8,995
Long-term debt	30,000		32,000
Deferred income taxes	182		1,369
Accrual for unrecognized tax benefits	751		1,060
Other long-term liabilities	321		387
Total liabilities	95,199		107,046
Commitments and contingencies (Note 12)
Stockholders’ equity
Convertible preferred stock, $.01 par value, authorized 20,000 shares; no shares issued and outstanding	—		—
Series 1 Participating Preferred Stock, 0.01 par value, authorized 240,000 shares; no shares issued and outstanding	—		—
Common stock, $.01 par value, authorized 240,000; issued: 82,581 and 80,881 shares, respectively; outstanding: 47,350 and 48,217 shares, respectively	828		811
Additional paid-in capital	274,097		270,122
Accumulated other comprehensive income	8		1
Accumulated earnings	17,620		32,481
Treasury stock, 35,231 and 32,664 shares, respectively	(195,276)		(189,090)
Total stockholders’ equity	97,277		114,325
Total liabilities and stockholders’ equity	$	192,476	$	221,371
See accompanying notes to the condensed consolidated financial statements.

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DHI GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share amounts)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Revenue	$	32,123	$	35,283	$	96,451	$	107,141

Operating expenses:
Cost of revenue	4,589		5,068		15,069		15,145
Product development	2,877		4,776		9,857		14,303
Sales and marketing	9,082		11,585		30,751		36,302
General and administrative	6,974		7,574		20,688		22,097
Depreciation	3,362		4,542		11,107		13,584
Amortization	126		—		126		—
Restructuring	—		1,111		6,486		1,111
Impairment of intangible assets	9,600		—		9,600		—
Impairment of goodwill	—		—		7,800		—
Total operating expenses	36,610		34,656		111,484		102,542
Operating income (loss)	(4,487)		627		(15,033)		4,599
Income from equity method investment	60		23		87		325
Impairment of investment	—		—		—		(400)
Interest expense and other	(614)		(755)		(1,893)		(2,546)
Income (loss) before income taxes	(5,041)		(105)		(16,839)		1,978
Income tax expense (benefit)	(772)		95		(1,978)		2,747
Net loss	$	(4,269)	$	(200)	$	(14,861)	$	(769)

Basic loss per share	$	(0.10)	$	—	$	(0.33)	$	(0.02)
Diluted loss per share	$	(0.10)	$	—	$	(0.33)	$	(0.02)

Weighted-average basic shares outstanding	44,823		44,873		45,224		44,550
Weighted-average diluted shares outstanding	44,823		44,873		45,224		44,550

See accompanying notes to the condensed consolidated financial statements.

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DHI GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(unaudited)

(in thousands)


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net loss	$	(4,269)	$	(200)	$	(14,861)	$	(769)

Other comprehensive income (loss):
Foreign currency translation adjustment	22		30		7		83
Comprehensive loss	$	(4,247)	$	(170)	$	(14,854)	$	(686)

See accompanying notes to the condensed consolidated financial statements.

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DHI GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

(unaudited)

(in thousands)


	Convertible Preferred Stock			Series 1 Participating Preferred Stock			Common Stock			Additional Paid-in Capital		Treasury Stock			Accumulated Earnings		Accumulated Other Comprehensive Income (Loss)		Total
	Shares Issued	Amount		Shares Issued	Amount		Shares Issued	Amount				Shares	Amount
Balance at December 31, 2024	—	$	—	—	$	—	80,881	$	811	$	270,122	32,664	$	(189,090)	$	32,481	$	1	$	114,325
Net loss															(9,751)				(9,751)
Other comprehensive loss - translation adjustments																	(33)		(33)
Stock-based compensation										1,092									1,092
Restricted stock issued							844	8		(8)									—
Performance-Based Restricted Stock Units eligible to vest							583	6		(6)									—
Restricted stock forfeited or withheld to satisfy tax obligations							(393)	(4)		4		331	(849)						(849)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations							(83)	(1)		1		243	(620)						(620)
Purchase of treasury stock under stock repurchase plan												312	(666)						(666)
Balance at March 31, 2025	—	$	—	—	$	—	81,832	$	820	$	271,205	33,550	$	(191,225)	$	22,730	$	(32)	$	103,498
Net loss															(841)				(841)
Other comprehensive loss - translation adjustments																	18		18
Stock-based compensation										1,535									1,535
Restricted stock issued							933	9		(9)									—
Restricted stock forfeited or withheld to satisfy tax obligations							(33)	—		—		9	(19)						(19)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations							(4)	—		—		3	(7)						(7)
Purchase of treasury stock under stock repurchase plan												865	(1,769)						(1,769)
Issuance of common stock upon ESPP purchase							54	1		80									81
Balance at June 30, 2025	—	$	—	—	$	—	82,782	$	830	$	272,811	34,427	$	(193,020)	$	21,889	$	(14)	$	102,496
Net loss															$	(4,269)			(4,269)
Other comprehensive loss - translation adjustments																	$	22	22
Stock-based compensation										1,284									1,284
Restricted stock forfeited or withheld to satisfy tax obligations							(184)	$	(2)	2		63	$	(174)					(174)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations							(17)	$	—	—									—
Purchase of treasury stock under stock repurchase plan												741	$	(2,082)					(2,082)
Balance at September 30, 2025	—	$	—	—	$	—	82,581	$	828	$	274,097	35,231	$	(195,276)	$	17,620	$	8	$	97,277

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	Convertible Preferred Stock			Common Stock			Additional Paid-in Capital		Treasury Stock			Accumulated Earnings		Accumulated Other Comprehensive Income (Loss)		Total
	Shares Issued	Amount		Shares Issued	Amount				Shares	Amount
Balance at December 31, 2023	—	$	—	78,764	$	789	$	261,824	31,889	$	(187,216)	$	32,228	$	(83)	$	107,542
Net loss												(1,512)				(1,512)
Other comprehensive income - translation adjustments														22		22
Stock-based compensation							2,144									2,144
Restricted stock issued				1,344	13		(13)									—
Performance-Based Restricted Stock Units eligible to vest				457	5		(5)									—
Restricted stock forfeited or withheld to satisfy tax obligations				(1)	—		—		304	(750)						(750)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations				—	—		—		342	(861)						(861)
Balance at March 31, 2024	—	$	—	80,564	$	807	$	263,950	32,535	$	(188,827)	$	30,716	$	(61)	$	106,585
Net income												943				943
Other comprehensive income - translation adjustments														31		31
Stock-based compensation							2,160									2,160
Restricted stock issued				318	3		(3)									—
Restricted stock forfeited or withheld to satisfy tax obligations				(54)	(1)		1		15	(34)						(34)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations				(8)	—		—		4	(8)						(8)
Issuance of common stock upon ESPP purchase				82	1		145									146
Balance at June 30, 2024	—	$	—	80,902	$	810	$	266,253	32,554	$	(188,869)	$	31,659	$	(30)	109,823
Net loss												(200)				(200)
Other comprehensive income - translation adjustments														30		30
Stock-based compensation							1,814									1,814
Restricted stock issued				196	2		(2)									—
Restricted stock forfeited or withheld to satisfy tax obligations				(122)	(1)		1		71	(155)						(155)
Performance-Based Restricted Stock Units forfeited or withheld to satisfy tax obligations				(10)	—		—		—	—						—
Balance at September 30, 2024	—	$	—	80,966	$	811	$	268,066	32,625	$	(189,024)	$	31,459	$	—	111,312

See accompanying notes to the condensed consolidated financial statements.

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DHI GROUP, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(in thousands)


	Nine Months Ended September 30,
	2025		2024
Cash flows from (used in) operating activities:
Net loss	$	(14,861)	$	(769)
Adjustments to reconcile net loss to net cash flows from (used in) operating activities:
Depreciation	11,107		13,584
Amortization	126		—
Deferred income taxes	(1,187)		(350)
Amortization of deferred financing costs	109		109
Stock-based compensation	3,911		6,118
Income from equity method investment	(87)		(325)
Impairment of investment	—		400
Impairment of intangible assets	9,600		—
Impairment of goodwill	7,800		—
Change in accrual for unrecognized tax benefits	(309)		174
Changes in operating assets and liabilities:
Accounts receivable	6,018		2,572
Prepaid expenses and other assets	726		489
Capitalized contract costs	598		(714)
Accounts payable and accrued expenses	(3,048)		(1,808)
Income taxes receivable/payable	(1,699)		(96)
Deferred revenue	(4,475)		(3,058)
Other, net	(452)		350
Net cash flows from operating activities	13,877		16,676
Cash flows used in investing activities:
Payments for acquisition	(1,400)		—
Purchases of fixed assets	(5,778)		(11,146)
Net cash flows used in investing activities	(7,178)		(11,146)
Cash flows from (used in) financing activities:
Payments on long-term debt	(8,000)		(19,000)
Proceeds from long-term debt	6,000		13,000
Payments under stock repurchase plan	(4,517)		—
Purchase of treasury stock related to taxes on vested restricted and performance stock units	(1,669)		(1,808)
Proceeds from issuance of common stock through ESPP	81		145
Net cash flows used in financing activities	(8,105)		(7,663)
Net change in cash for the period	(1,406)		(2,133)
Cash, beginning of period	3,702		4,206
Cash, end of period	$	2,296	$	2,073

See accompanying notes to the condensed consolidated financial statements.

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DHI GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements of DHI Group, Inc. (“DHI” or the “Company” or "we," "our" or "us") have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and disclosures normally included in annual audited consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) have been omitted and condensed pursuant to such rules and regulations. In the opinion of the Company’s management, all adjustments have been made to present fairly the financial position, results of operations and cash flows of the Company for the periods presented. Although the Company believes that the disclosures are adequate to make the information presented not misleading, these financial statements should be read in conjunction with the Company’s audited consolidated financial statements as of and for the year ended December 31, 2024 included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report on Form 10-K”). Operating results for the three and nine-month periods ended September 30, 2025 are not necessarily indicative of the results to be achieved for the full year or any other future period.

Preparation of the condensed consolidated 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 at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the period. Management believes the most complex and sensitive judgments, because of their significance to the condensed consolidated financial statements, result primarily from the need to make estimates about the effects of matters that are inherently uncertain. Actual results could differ materially from management’s estimates reported in the condensed consolidated financial statements and footnotes thereto. There have been no significant changes in the Company’s assumptions regarding critical accounting estimates during the three and nine-month periods ended September 30, 2025.

2. NEW ACCOUNTING STANDARDS

In December 2023, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") 2023-09, Improvements to Income Tax Disclosures. The new accounting standard requires more detailed disclosures regarding the effective tax rate reconciliation and income taxes paid. The standard is effective for annual reporting periods beginning after December 15, 2024, and may be applied on either a prospective or retrospective basis, with early adoption permitted. We are currently evaluating the effect of the standard on the Company's financial statement disclosures.

In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) ("ASU 2024-03"). ASU 2024-03 will require companies to disaggregate, within the notes to the financial statements, certain expenses presented on the face of the financial statements to enhance transparency and help investors better understand an entity's performance. The amendment will specifically require that an entity disclose the amounts related to purchases of inventory, employee compensation, depreciation and intangible asset amortization. Entities will also be required to provide a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, disclose the total amount of selling expenses and, in annual reporting periods, provide a definition of what constitutes selling expenses. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2024-03 on the Company’s financial statement disclosures.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software ("ASU 2025-06"). ASU 2025-06 addresses stakeholder and investor concerns on the challenges of applying current internal-use software accounting requirements that do not specifically address software developed using modern incremental and iterative methods, which has led to diversity in practice in determining when to begin capitalizing software costs. ASU 2025-06 requires software costs to be capitalized when management has authorized or committed to funding the software project, and it is probable that the project will be completed and software will be used to perform the function intended. The amendment removes all references to project development stages so that guidance is neutral to different software development methods. The amendments in ASU 2025-06 are effective for annual and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2025-06 on the Company's financial statement disclosures.

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DHI GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

3. FAIR VALUE MEASUREMENTS

The FASB Accounting Standards Codification ("ASC") topic on Fair Value Measurements and Disclosures defines fair value, establishes a framework for measuring fair value and requires certain disclosures for each major asset and liability category measured at fair value on either a recurring or nonrecurring basis. As a basis for considering assumptions, a three-tier fair value hierarchy is used, which prioritizes the inputs used in measuring fair value as follows:

•Level 1 – Quoted prices for identical instruments in active markets.

•Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets.

•Level 3 – Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

The carrying amounts reported in the condensed consolidated balance sheets for cash, accounts receivable, other assets, accounts payable and accrued expenses and long-term debt approximate their fair values. The estimated fair value of long-term debt is based on Level 2 inputs.

Certain assets and liabilities are measured at fair value on a non-recurring basis as they are subject to fair value adjustments in certain circumstances, for example, when there is evidence of impairment. Such instruments are not measured at fair value on an ongoing basis. These assets include equity investments, operating lease right-of-use assets, and goodwill and intangible assets which resulted from prior acquisitions. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable.

4. REVENUE RECOGNITION

The Company recognizes revenue when control of the promised goods or services is transferred to our customers at an amount that reflects the consideration that we expect to receive in exchange for those goods or services. Revenue is recognized net of customer discounts ratably over the service period. Customer billings delivered in advance of services being rendered are recorded as deferred revenue and recognized over the service period. The Company generates revenue from recruitment packages, advertising, classifieds, and virtual and live career fair and recruitment event booth rentals.

Disaggregation of Revenue

Our brands primarily serve the technology and security cleared professions. The following table provides information about disaggregated revenue by brand and includes a reconciliation of the disaggregated revenue (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
ClearanceJobs	$	13,937	$	13,842	$	40,940	$	40,375
Dice	18,186		21,441		55,511		66,766
Total(1)	$	32,123	$	35,283	$	96,451	$	107,141

(1) Prior to the fourth quarter of 2024, we had disclosed that career events were recorded within Dice. Career events have been reclassified between ClearanceJobs and Dice based on the nature of the event for the periods ended September 30, 2025 and 2024.

Contract Balances

The following table provides information about opening and closing balances of receivables and contract liabilities from contracts with customers as required under ASC Topic 606 - Revenue from Contracts with Customers (in thousands):

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DHI GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


	As of September 30, 2025		As of December 31, 2024

Receivables	$	16,102	$	22,120
Short-term contract liabilities (deferred revenue)	40,714		44,934
Long-term contract liabilities (deferred revenue)	268		522

We receive payments from customers based upon contractual billing schedules; accounts receivable are recorded when customers are invoiced per the contractual billings schedules. As the Company's standard payment terms are less than one year, the Company elected the practical expedient, where applicable. As a result, the Company does not consider the effects of a significant financing component. Contract liabilities include customer billings delivered in advance of performance under the contract, and associated revenue is realized when services are rendered under the contract.

Receivables increase due to customer billings and decrease by cash collected from customers. Contract liabilities increase due to customer billings and are decreased as performance obligations are satisfied under the contracts.

The Company recognized the following revenue as a result of changes in the contract liability balances in the respective periods (in thousands):


	Three Months Ended				Nine Months Ended
	September 30, 2025		September 30, 2024		September 30, 2025		September 30, 2024
Revenue recognized in the period from:
Amounts included in the contract liability at the beginning of the period	$	23,990	$	26,882	$	42,047	$	45,444

The following table includes estimated deferred revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):



	Remainder of 2025		2026		2027		2028		Total
Deferred revenue	$	23,814	$	17,024	$	130	$	14	$	40,982

Credit Losses

The Company is exposed to credit losses through the inability of its customers to make required payments on accounts receivable. The Company segments accounts receivable based on credit risk characteristics and estimates future losses for each segment based on historical trends and current market conditions, as applicable. Expected losses on accounts receivable are recorded as allowance for doubtful accounts in the condensed consolidated balance sheets and as an expense in the condensed consolidated statement of operations. The portion of accounts receivable that is reflected as deferred revenue in the condensed consolidated balance sheets is not considered at risk for credit losses. If the financial condition of DHI’s customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

5. RESTRUCTURING

In July 2024, the Company announced an organizational restructuring intended to streamline its operations, drive business objectives, and reduce operating costs. This included a reduction of the Company’s then-current workforce by approximately 7%. As a result of the restructuring, the Company recognized a charge of $1.1 million during the year ended December 31, 2024. All severance costs related to the July 2024 restructuring were paid during the year ended December 31, 2024.

In January 2025, the Company announced an additional organizational restructuring intended to separate its two brands, ClearanceJobs and Dice, into distinct divisions, provide dedicated leadership for each brand to foster a unified vision and strategy tailored to each brands' market dynamics, and to reduce operating costs. This restructuring included a reduction of the Company’s then-current workforce by approximately 8%. As a result of the restructuring, the Company recognized a charge of $2.3 million during the first quarter of 2025 related to employee severance costs, of which substantially all was paid during the nine months ended September 30, 2025.

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DHI GROUP, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

In June 2025, the Company announced an additional organizational restructuring intended to reduce the operating costs of its Dice brand. This included a reduction of the Company’s then current workforce by approximately 25% primarily by reducing headcount within the Company's Dice brand and associated back-office support. As a result of the restructuring, the Company recognized a charge of $4.2 million during the second quarter of 2025 related to severance costs, of which $2.5 million and $2.7 million was paid during the three and nine months ended September 30, 2025, respectively. The remaining severance costs are expected to be substantially paid by March 31, 2026.

6. LEASES

The Company has operating leases for corporate office space and certain equipment. The leases have original terms from one year to ten years, some of which include options to renew the lease, and are included in the lease term when it is reasonably certain that the Company will exercise the option. No leases include options to purchase the leased property. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. We do not have any lease agreements with related parties.

The components of lease cost were as follows (in thousands):


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2025		2024		2025		2024
Operating lease cost(1)	$	431	$	419	$	1,274	$	1,255
Sublease income	$	—	$	(20)	$	—	$	(50)
Total lease cost	$	431	$	399	$	1,274	$	1,205
(1) Includes short-term lease costs and variable lease costs, which are immaterial.

Supplemental cash flow information related to leases was as follows (in thousands):


		For the Nine Months Ended September 30,
		2025		2024
Cash paid for amounts included in measurement of lease liabilities:
	Operating cash flows from operating leases	$	1,658	$	1,110

Right-of-use assets obtained in exchange for lease obligations:
	Operating leases	$	119	$	2,930

Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount):


		September 30, 2025			December 31, 2024
Operating lease right-of-use-assets (as reported)		$	5,772		$	6,518



Operating lease liabilities - current (as reported)		1,732			1,625
Operating lease liabilities - non-current (as reported)		7,757			8,995
	Total operating lease liabilities	$	9,489		$	10,620

Weighted Average Remaining Lease Term (in years)
	Operating leases	7.0 years			7.4 years

Weighted Average Discount Rate
	Operating leases	5.7		%	5.5		%

The Company reviews its right-of-use ("ROU") assets for impairment if indicators of impairment exist. If impairment indicators exist, we compare the fair value of the ROU asset to its carrying value. If the carrying value exceeds the fair value, an

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impairment loss is recorded. No impairment was recorded during the three and nine-month periods ended September 30, 2025 and 2024.

As of September 30, 2025, future operating lease payments were as follows (in thousands):


		Operating Leases
Oct 1, 2025 through December 31, 2025		$	556
2026		2,239
2027		1,359
2028		1,304
2029		1,333
2030 and thereafter		4,858
	Total lease payments	$	11,649
Less: imputed interest		(2,160)
	Total	$	9,489

As of September 30, 2025 the Company has no operating or finance leases that have not yet commenced.

7. INVESTMENTS

eFinancialCareers

During the third quarter of 2023, the Company sold a portion of its ownership in eFinancialCareers ("eFC") reducing its total interest in eFC from 40% to 10%. As a result of the sale, the Company received cash of $4.9 million and recognized a $0.6 million gain, which included a $0.2 million charge related to accumulated foreign currency loss that was previously a reduction to equity. The Company's investment in eFC was recorded at $1.9 million at September 30, 2025 and at $1.8 million at December 31, 2024.

eFC is a financial services careers website, operating websites in multiple markets in four languages mainly across the United Kingdom, Continental Europe, Asia, the Middle East and North America. Professionals from across many sectors of the financial services industry, including asset management, risk management, investment banking, and information technology, use eFC to advance their careers. The Company has evaluated its common share interest in the eFC business and has determined the investment meets the definition and criteria of a variable interest entity ("VIE"). The Company evaluated the VIE and determined that the Company does not have a controlling financial interest in the VIE, as the Company does not have the power to direct the activities of the VIE that most significantly impact the VIE's economic performance. The common share interest is being accounted for under the equity method of accounting as the Company has the ability to exercise significant influence over eFC. The investment was recorded at its fair value on June 30, 2021, the date of transfer, which was $3.6 million. The Company's equity in the net assets of eFC as of June 30, 2021 was $2.2 million. The difference between the Company's recorded value and its equity in net assets of eFC was reduced during the third quarter of 2023, as described above, as the Company reduced its ownership in eFC. The remaining basis difference at the time of sale was $0.3 million and is being amortized against the recorded value of the investment in accordance with ASC 323 Investments - Equity Method and Joint Ventures. Amortization expense during the three and nine-month periods ended September 30, 2025 and 2024 was not significant. The recorded value is further adjusted based on the Company's proportionate share of eFC's net income and is recorded three months in arrears. The Company recorded income related to its proportionate share of eFC's net income, net of currency translation adjustments and amortization of the basis difference of $0.1 million for each of the three and nine-month periods ended September 30, 2025 and of approximately zero and $0.3 million for the three and nine-month periods ended September 30, 2024, respectively.

Other

During 2021, the Company invested $3.0 million through a subordinated convertible promissory note (the "Note") with a values-based career destination company that allows the next generation workforce to search for jobs at companies whose people, perks and values align with their unique professional needs. The investment was recorded as a trading security at fair value and was recorded at $3.0 million as of December 31, 2021.

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In the third quarter of 2022, the Note was converted into preferred shares representing 4.9% of the outstanding equity in the underlying business, on a fully-diluted basis. The Company's preferred shares were substantially similar to shares purchased by a third party investor that resulted in such investor becoming the majority owner of the business. Therefore the Company's shares in the business were recorded at fair value based on the price per share realized in the conversion. The value of the Company's investment was $0.7 million as of December 31, 2022 and was recorded as an investment in the consolidated balance sheet.

During the third quarter of 2023, the investment's financial position deteriorated. To meet its financial obligations, the investment issued convertible debt at a price that indicated the value of the investment had declined. As a result, the Company revalued its investment to $0.4 million and accordingly, recognized an impairment loss of $0.3 million during the third quarter of 2023.

During the first quarter of 2024, the investment's financial position further deteriorated. To meet its financial obligations, the investment issued additional convertible debt at a price that indicated the value of the investment had declined and which brought the Company's ownership of the investment, on a fully diluted basis, to less than 0.10%. As a result, the Company revalued its investment to zero and accordingly, recognized an impairment loss of $0.4 million during the first quarter of 2024.

During the third quarter of 2025, the third party investor sold the assets of the business with no proceeds allocated to the preferred and common shareholders, including the Company.

At September 30, 2025, the Company held preferred stock representing a 6.6% interest in the fully diluted shares of a tech skills assessment company. The investment is recorded at zero as of September 30, 2025 and December 31, 2024. The Company recorded no gain or loss related to the investment during the three and nine-month periods ended September 30, 2025 and 2024.

8. BUSINESS COMBINATION

On July 31, 2025, the Company's ClearanceJobs reportable segment acquired AgileATS, a leading applicant tracking system (ATS) purpose-built for government contractors and employers hiring security-cleared professionals. The Company acquired certain assets, including AgileATS' ATS technology, and assumed certain liabilities of AgileATS. The acquisition qualified as a business combination in accordance with ASC Topic 805, Business Combinations and, accordingly, total consideration was first allocated to the fair value of assets acquired as of the date of acquisition, including liabilities assumed, with the excess being recorded as goodwill. For financial reporting purposes, goodwill is not amortized but rather evaluated for impairment as discussed in Note 10. For income taxes, the recorded goodwill will be amortized over 15 years.

The Company acquired definite lived intangible assets related to the ATS technology and AgileATS tradename. The technology was valued using the cost to recreate method. This approach estimates the cost the Company would incur to develop a technology of comparable functionality. The cost was adjusted for obsolescence based on the age of the software code, lack of recent investment, and estimated remaining life. The AgileATS tradename was valued using the relief from royalty method. This method estimates fair value based on the present value of the royalty payments that would have been incurred if the Company had to license the asset, in an arm's length transaction. The valuation was based on revenue assumptions through December 31, 2030, a hypothetical royalty rate of 3.0%, income taxes of 25.3%, and a discount rate of 34.0%. The Company has assigned an estimated useful life of two years to the ATS technology and the ATS tradename. Amortization expense for these intangible assets is recorded in amortization expense on the condensed consolidated statements of operations.

The recorded purchase price includes an estimation of the fair value of contingent obligations associated with potential earnout provisions, which is based on achieving certain new customer relationship targets. Any subsequent changes in the fair value of contingent earnout liabilities will be recorded in the consolidated statement of operations when incurred.

Acquisition related costs of $0.2 million incurred in connection with the transaction are recorded in general and administrative expenses on the condensed consolidated statements of operations.

The table below provides a summary of the total consideration and the purchase price allocation made for the AgileATS business combination (in thousands):

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	Amount
Purchase price consideration
Cash consideration paid	$	1,400
Fair value of contingent earnout consideration(1)(2)	497
Total purchase price consideration	$	1,897

Less: Assets acquired
Intangible asset - AgileATS technology	$	1,510
Intangible asset - Tradename	90
Total assets acquired	1,600

Plus: Net working capital assumed(3)	15



Goodwill(4)	$	312

(1) Includes a $0.5 million contingent earnout consideration, discounted to $0.4 million based on the probability of being achieved and a present value factor. The contingent earnout consideration must be achieved no later than July 31, 2027.
(2) Includes a $0.1 million purchase price consideration holdback, which is payable in the third quarter of 2026, net of any contingency related items, as described in the Asset Purchase Agreement.
(3) Includes approximately $2,000 of receivables and $17,000 of liabilities.
(4) Calculated by taking the total purchase price consideration less the net assets acquired and liabilities assumed.

9. ACQUIRED INTANGIBLE ASSETS, NET

Dice Trademarks and Brand Name

As of September 30, 2025 and December 31, 2024 the Company had an indefinite-lived acquired intangible asset of $14.2 million and $23.8 million, respectively, related to the Dice trademarks and brand name. Considering the recognition of the Dice brand, its long history, awareness in the talent acquisition and staffing services market, and the intended use, the remaining useful life of the Dice trademarks and brand name was determined to be indefinite. We determine whether the carrying value of recorded indefinite-lived acquired intangible assets is impaired on an annual basis or more frequently if indicators of potential impairment exist. The annual impairment test for the Dice trademarks and brand name is performed on October 1 of each year. The impairment review process compares the fair value of the indefinite-lived acquired intangible assets to its carrying value. If the carrying value exceeds the fair value, an impairment loss is recorded.

The determination of whether or not indefinite-lived acquired intangible assets have become impaired involves a significant level of judgment in the assumptions underlying the approach used to determine the value of the indefinite-lived acquired intangible assets. Fair values are determined using a relief from royalty rate methodology which estimates the value of the trademarks and brand name based on the amount of royalty income it could generate if it was licensed, in an arm's length transaction, to a third party. We consider factors such as historical performance, anticipated market conditions, operating expense trends and capital expenditure requirements. Changes in our strategy and/or changes in market conditions could significantly impact these judgments and require adjustments to recorded amounts of intangible assets. If projections are not achieved, the Company could realize an impairment in the foreseeable future.

During the third quarter of 2025, because of the continuing impacts of tariffs, Department of Government Efficiency Workforce Optimization initiative (DOGE), and artificial intelligence (AI) models lowering the demand for technology professionals, when combined with the demand impacts of uncertainty surrounding the U.S. federal budget in the third quarter, and the subsequent shut-down of the U.S. government, the Company recorded an impairment charge of $9.6 million, reducing the carrying value of the Dice trademarks and brand name to $14.2 million. No impairment was recorded during the three and nine-month periods ended September 30, 2024.

The projections utilized in the October 1, 2025 analysis included lower revenues in the near term due to tariffs, DOGE initiatives, AI, and uncertainty surrounding the U.S. government budget and then increasing revenues at rates approximating

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industry growth projections. The Company’s ability to achieve these revenue projections may be impacted by, among other things, uncertainty related to demand for technology professionals, competition in the technology recruiting market, challenges in developing and introducing new products and product enhancements to the market and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the Dice trademarks and brand name are not achieved, the Company could realize an impairment in a future period.

AgileATS Technology

As discussed in Note 8, the Company recorded a $1.5 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS technology. The intangible asset is being amortized over its estimated remaining useful life of two years. During each of the three and nine month-periods ended September 30, 2025, the Company recorded $0.1 million of amortization expense associated with the AgileATS technology. The carrying amount at September 30, 2025 was $1.4 million.

AgileATS Tradename

As discussed in Note 8, the Company recorded a $0.1 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS tradename. The intangible asset is being amortized over its estimated remaining useful life of two years. Amortization expense during the three and nine month-periods ended September 30, 2025 was insignificant. The carrying amount at September 30, 2025 was $0.1 million.

10. GOODWILL

Goodwill as of September 30, 2025 and December 31, 2024, was $120.6 million and $128.1 million, respectively. During the first quarter of 2025, in connection with the organizational restructuring, which is further described in Note 5, the Company performed an interim impairment test of the Tech-focused reporting unit immediately prior to the restructuring, then allocated its goodwill into the two new reporting units, ClearanceJobs and Dice, based the relative fair value of each reporting unit, and finally tested each reporting unit's goodwill for impairment.

The interim impairment test performed immediately prior to the organizational restructuring indicated that the fair value of the Tech-focused reporting unit was substantially in excess of the carrying value as of the date of the organizational restructuring.

The prior Tech-focused reporting unit's goodwill of $128.1 million was allocated to ClearanceJobs and Dice based on their relative fair values, which resulted in goodwill for ClearanceJobs and Dice of $97.4 million and $30.7 million, respectively.

The impairment test performed immediately after the allocation for the ClearanceJobs reporting unit indicated that the fair value was substantially in excess of the carrying value as of the date of the organizational restructuring. The impairment test performed immediately after the allocation for the Dice reporting unit resulted in the Company recording an impairment charge of $7.8 million during the three month period ended March 31, 2025.

The Dice projections utilized in the organizational restructuring impairment test included increasing revenues at rates approximating industry growth projections. The Company’s ability to achieve these revenue projections may be impacted by, among other things, demand for technology professionals, competition in the technology recruiting market, challenges in developing and introducing new products and product enhancements to the market and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the Dice reporting unit are not achieved, the Company could realize an impairment in a future period. It is reasonably possible that changes in judgments, assumptions and estimates the Company made in assessing the fair value of goodwill could cause the Company to consider some portion or all of the goodwill of the Dice reporting unit to become impaired. In addition, a future decline in the overall market conditions, demand for technology professionals, and/or changes in the Company’s market share could negatively impact the estimated future cash flows and discount rates used to determine the fair value of the reporting unit and could result in an impairment charge in the foreseeable future.

As discussed in Note 8, the Company recorded additional goodwill in the ClearanceJobs reporting unit during the third quarter of 2025 of $0.3 million related to its acquisition of AgileATS.

The annual impairment test for the ClearanceJobs and Dice reporting units are performed on October 1 of each year. The Company’s ability to achieve the projections used in the annual impairment tests may be impacted by, among other things, general market conditions, competition in the technology recruiting market, challenges in developing and introducing new

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products and product enhancements to the market, and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the ClearanceJobs and Dice reporting units are not achieved, the Company could realize an impairment in a future period.

The annual impairment test for the ClearanceJobs and Dice reporting units performed as of October 1, 2025 resulted in the fair value of the reporting units being in excess of each respective carrying value. As a result, the Company believes it is not more likely than not that the fair value of each reporting unit is less than each respective carrying value as of September 30, 2025. Therefore, no impairment was recorded during the three month period ended September 30, 2025 and the three and nine month periods ended September 30, 2024.

The changes in the carrying amount of goodwill by segment were as follows (in thousands):


	Tech-focused		ClearanceJobs		Dice		Total
Goodwill at December 31, 2024	$	128,100	$	—	$	—	$	128,100
Segment Change	(128,100)		97,431		30,669		—
Goodwill at January 13, 2025(1)	$	—	$	97,431	$	30,669	$	128,100
Impairment	—		—		(7,800)		(7,800)
Business combination(2)	—		312		—		312
Goodwill at September 30, 2025	$	—	$	97,743	$	22,869	$	120,612
(1) Date of organizational restructuring.
(2) Represents goodwill recognized through the acquisition of AgileATS on July 31, 2025. See Note 8 for further discussion.

11. INDEBTEDNESS

Credit Agreement—In June 2022, the Company, together with Dice Inc. (a wholly-owned subsidiary of the Company) and its wholly-owned subsidiary, Dice Career Solutions, Inc. (collectively, the “Borrowers”), entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”), which matures in June 2027. The Credit Agreement provides for a revolving loan facility of $100 million, with an expansion option of $50 million, bringing the total facility to $150 million, as permitted under the terms of the Credit Agreement.

Borrowings under the Credit Agreement denominated in U.S. dollars bear interest, payable at least quarterly, at the Company’s option, at the Secured Overnight Financing Rate ("SOFR") or a base rate plus a margin. Borrowings under the Credit Agreement denominated in pounds sterling, if any, bear interest at the Sterling Overnight Index Average ("SONIA") rate plus a margin. The margin ranges from 2.00% to 2.75% on SOFR and SONIA loans and 1.00% to 1.75% on base rate loans, determined by the Company’s most recent consolidated leverage ratio, plus an additional spread of 0.10%. The Company incurs a commitment fee ranging from 0.35% to 0.50% on any unused capacity under the revolving loan facility, determined by the Company’s most recent consolidated leverage ratio. All borrowings as of September 30, 2025 and December 31, 2024 were in U.S. dollars. The facility may be prepaid at any time without penalty.

The Credit Agreement contains various affirmative and negative covenants and also contains certain financial covenants, including a consolidated leverage ratio and a consolidated interest coverage ratio. Borrowings are allowed under the Credit Agreement to the extent the consolidated leverage ratio is equal to or less than 2.50 to 1.00, subject to the terms of the Credit Agreement. Negative covenants include restrictions on incurring certain liens; making certain payments, such as stock repurchases and dividend payments; making certain investments; making certain acquisitions; making certain dispositions; and incurring additional indebtedness. Restricted payments are allowed under the Credit Agreement to the extent the consolidated leverage ratio, calculated on a pro forma basis, is equal to or less than 2.00 to 1.00, plus an additional $7.5 million of restricted payments each fiscal year, as described in the Credit Agreement. The Credit Agreement also provides that the payment of obligations may be accelerated upon the occurrence of events of default, including, but not limited to, non-payment, change of control, or insolvency. As of September 30, 2025, the Company was in compliance with all of the financial covenants under the Credit Agreement.

The obligations under the Credit Agreement are guaranteed by one of the Company’s wholly-owned subsidiaries and secured by substantially all of the assets of the Borrowers and the guarantors.

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The amounts borrowed as of September 30, 2025 and December 31, 2024 are as follows (dollars in thousands):


	September 30, 2025			December 31, 2024
Long-term debt under revolving credit facility(1)	$	30,000		$	32,000

Available to be borrowed under revolving facility(2)	$	49,000		$	56,000

Interest rate and margin:
Interest margin(3)	2.35		%	2.10		%
Actual interest rates(4)	6.66		%	6.46		%

Commitment fee	0.40		%	0.35		%

(1) In connection with the Credit Agreement, as of September 30, 2025 and December 31, 2024, the Company had deferred financing costs of $0.7 million and accumulated amortization of $0.5 million as of September 30, 2025 and $0.4 million as of December 31, 2024, recorded in other assets on the condensed consolidated balance sheets.
(2) The amount available to be borrowed is subject to certain limitations, such as a consolidated leverage ratio which generally limits borrowings to 2.5 times annual Adjusted EBITDA, as defined in the Credit Agreement.
(3) Computed as the weighted average interest margin on all borrowings, including an additional spread of 0.10%.
(4) Computed as the weighted average interest rate on all borrowings.

There are no scheduled principal payments until maturity of the Credit Agreement in June 2027.

12. COMMITMENTS AND CONTINGENCIES

Litigation

The Company is subject to various claims from taxing authorities, lawsuits and other complaints arising in the ordinary course of business. The Company records provisions for losses when claims become probable and the amounts are reasonably estimable. Although the outcome of these legal matters, except as described below and recorded in the condensed consolidated financial statements, cannot be determined, it is the opinion of management that the final resolution of these matters will not have a material effect on the Company’s financial condition, operations or liquidity.

Tax Contingencies

The Company operates in a number of tax jurisdictions and is routinely subject to examinations by various tax authorities with respect to income taxes and indirect taxes. The determination of the Company’s liability for taxes requires judgment and estimation. The Company has reserved for potential examination adjustments to our provision for income taxes and accrual of indirect taxes in amounts which the Company believes are reasonable.

13. EQUITY TRANSACTIONS

Stock Repurchase Plans—The Company's Board of Directors ("Board") has approved stock repurchase programs that permit the Company to repurchase its common stock. Management has discretion in determining the conditions under which shares may be purchased from time to time. The number, price, structure, and timing of the repurchases, if any, are at our sole discretion and future repurchases are evaluated by us depending on market conditions, liquidity needs, restrictions under the agreements governing our indebtedness, and other factors. Share repurchases may be made in the open market or in privately negotiated transactions. The repurchase authorizations do not oblige us to acquire any particular amount of our common stock. The Board may suspend, modify, or terminate a repurchase program at any time without prior notice. The following table summarizes the stock repurchase plans approved by the Board:

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February 2025 to October 2025(1)

February 2023 to February 2024(2)

Approval Date

February 2025

February 2023

Authorized Repurchase Amount of Common Stock

$5 million

$10 million

(1) During October 2025, the Company completed the stock repurchase program approved in February 2025, bringing total authorized purchases under the plan to 2.1 million shares for $5.0 million.

(2) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $5.2 million.

As of September 30, 2025 the value of shares that may yet be purchased under the current plan was $0.4 million. The Company completed such repurchases during October 2025.

In November 2025, the Company announced that its Board of Directors approved a stock repurchase program pursuant to which the Company may repurchase up to $5 million of its common stock through November 2026.

Purchases of the Company's common stock pursuant to the stock repurchase plans were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Shares repurchased	740,661		—		1,918,012		—
Average purchase price per share(1)	$	2.83	$	—	$	2.37	$	—
Dollar value of shares repurchased (in thousands)(1)	$	2,096	$	—	$	4,555	$	—

(1) Dollar value of shares repurchased and average price paid per share include costs associated with the repurchases and totaled $14,000 and $38,000 for the three and nine-month periods ended September 30, 2025, respectively. There were no share repurchases during the three and nine-month periods ended September 30, 2024.

There were no unsettled share repurchases as of September 30, 2025 and 2024.

Stock Repurchases Pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated—Under the 2022 Omnibus Equity Award Plan, as Amended and Restated, and as further described in note 14 to the condensed consolidated financial statements, the Company repurchases its common stock withheld for income tax from the vesting of employee restricted stock or Performance-Based Restricted Stock Units (“PSUs”). The Company remits the value, which is based on the closing share price on the vesting date, of the common stock withheld to the appropriate tax authority on behalf of the employee and the related shares become treasury stock.

Purchases of the Company’s common stock pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated, were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Shares repurchased upon restricted stock/PSU vesting	63,484		71,076		649,259		736,144
Average purchase price per share	$	2.74	$	2.17	$	2.57	$	2.46
Dollar value of shares repurchased upon restricted stock/PSU vesting (in thousands)	$	174	$	154	$	1,669	$	1,808

No shares of the Company's common stock were purchased other than through the stock repurchase plans and the 2022 Omnibus Equity Award Plan, as Amended and Restated, as described above.

Section 382 Rights Plan—On January 28, 2025, the Company adopted a shareholder rights plan designed to protect stockholder value by preserving the availability of the Company’s net capital loss carryforwards (“Carryforwards”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “Code”) (such plan, the “Section 382 Rights Plan”). The Section 382 Rights Plan aims to preserve the Company's Carryforwards by creating a disincentive for any stockholder to accumulate beneficial ownership of 4.99% or more of the Company's outstanding common stock, or to further accumulate the Company's common stock if the stockholder's beneficial ownership already exceeds 4.99% in each case without the approval of

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the Company's Board of Directors in order to reduce the likelihood of an "ownership change" under Section 382 of the Code occurring, which could restrict the Company's ability to utilize its Carryforwards.

In connection with the adoption of the Section 382 Rights Plan, the Board declared a non-taxable dividend of one preferred share purchase right (a "Right") for each outstanding share of the Company's common stock to the Company's stockholders of record as of the close of business on February 7, 2025. Each Right entitles its holder to purchase from the Company one one-thousandth of a share of the Company's Series 1 Participating Preferred Stock, par value $0.01 per share (the "Series 1 Participating Preferred Stock") at an exercise price of $17.00 per Right, subject to adjustment. As a result of the Section 382 Rights Plan, any person or group that acquires beneficial ownership of 4.99% or more of the Company's common stock without the approval of the Board would be subject to significant dilution in the ownership interest of that person or group. Stockholders who owned 4.99% or more of the outstanding shares of the Company's common stock as of February 7, 2025 will not trigger the Rights unless they acquire additional shares after that date.

Convertible Preferred Stock—As of December 31, 2024 the Company had 20 million shares of convertible preferred stock authorized, with a $0.01 par value. No shares have been issued and outstanding since prior to our initial public offering in 2007. The Company’s amended and restated certificate of incorporation permits the terms of any preferred stock to be determined at the time of issuance. Simultaneously with the adoption of the Section 382 Rights Plan on January 28, 2025, the authorized but unissued convertible preferred stock, par value $0.01, have been cancelled.

Preferred Stock Purchase Rights—Pursuant to the Section 382 Rights Plan, the Company has authorized and declared a dividend distribution of one Right for each outstanding share of common stock to stockholders of record as of the close of business on February 7, 2025 ("Record Date"). Subject to certain limitations, the Rights will be separate from the common stock and become exercisable following (1) the 10th business day (or such later date as may be determined by the Board) after the public announcement that a person or group of affiliated or associated persons (such person or group an "Acquiring Person") has acquired beneficial ownership of 4.99% or more of the common stock or (2) the 10th business day (or such later date as may be determined by the Board) after a person or group announces a tender or exchange offer that would result in ownership by a person or group of 4.99% or more of the common stock. The date on which the Rights separate from the common stock and become exercisable is referred to as the "Distribution Date." Following the Distribution Date, each Right entitles the registered holder to purchase from the Company one one-thousandth of a share of Series 1 Participating Preferred Stock of the Company at an exercise price of $17.00 (the “Exercise Price”), subject to adjustment. Each one-thousandth of a share of Series 1 Preferred Stock will not be redeemable; will be entitled to a quarterly dividend equal to the higher of $0.001 or an amount equal to the dividend paid on one share of common stock; will be entitled upon a liquidation, dissolution or winding up of the Company to the higher of $1.00 or the per share amount distributed to common stock in such transaction; will have the same voting power per share of common stock and generally vote together with the common stock; and will be entitled to receive in a merger, consolidation or similar transaction of the Company the per share consideration payable to common stock in such transaction.

Dividends—No dividends were declared during the nine-month periods ended September 30, 2025 and 2024. Our Credit Agreement limits our ability to declare and pay dividends. See Note 11 for additional disclosures.

14. STOCK-BASED COMPENSATION

On July 13, 2022, the stockholders of the Company approved the DHI Group, Inc. 2022 Omnibus Equity Award Plan, which had been previously approved by the Company's Board of Directors on May 13, 2022 (the "2022 Omnibus Equity Award Plan"). The 2022 Omnibus Equity Award Plan generally mirrors the terms of the Company's prior omnibus equity award plan, which expired in accordance with its terms on April 20, 2022 (the "2012 Omnibus Equity Award Plan"). On April 26, 2023, the stockholders of the Company approved the DHI Group, Inc. 2022 Omnibus Equity Award Plan, as Amended and Restated, which had been previously approved by the Company’s Board of Directors on March 16, 2023 (the "2022 Omnibus Equity Award Plan, as Amended and Restated"). The 2022 Omnibus Equity Award Plan was amended and restated to, among other things, increase the number of shares of common stock authorized for issuance as equity awards under the plan by 2.9 million shares. The Company has previously granted restricted stock and PSUs to certain employees and directors pursuant to the 2012 Omnibus Equity Award Plan and the 2022 Omnibus Equity Award Plan and will continue to grant restricted stock and PSUs to certain employees and directors pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated. The Company also offers an Employee Stock Purchase Plan.

The Company recorded total stock-based compensation expense of $1.3 million and $3.9 million during the three and nine-month periods ended September 30, 2025, respectively, and $1.8 million and $6.1 million during the three and nine-month

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

periods ended September 30, 2024, respectively. At September 30, 2025, there was $5.6 million of unrecognized compensation expense related to unvested awards, which is expected to be recognized over a weighted-average period of approximately 0.9 years.

Restricted Stock—Restricted stock is granted to employees of the Company and its subsidiaries, and to non-employee members of the Company’s Board. These shares are part of the compensation plan for services provided by the employees or Board members. The closing price of the Company’s stock on the date of grant is used to determine the fair value of the grants. The expense related to restricted stock grants is recorded over the vesting period as described below. There was no cash flow impact resulting from the grants.

Restricted stock vests in various increments on the anniversaries of each grant, subject to the recipient’s continued employment or service through each applicable vesting date. Vesting occurs over one year for Board members and over three years for employees.

A summary of the status of restricted stock awards as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:



	Three Months Ended September 30, 2025			Three Months Ended September 30, 2024
	Shares	Weighted- Average Fair Value at Grant Date		Shares	Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period	2,902,507	$	2.55	2,982,437	$	3.52
Granted	—	$	—	196,000	$	2.11
Forfeited	(184,513)	$	2.81	(121,509)	$	3.88
Vested	(190,658)	$	3.22	(219,696)	$	4.01
Non-vested at end of period	2,527,336	$	2.48	2,837,232	$	3.37
Expected to vest	2,527,336	$	2.48	2,837,232	$	3.37


	Nine Months Ended September 30, 2025			Nine Months Ended September 30, 2024
	Shares	Weighted- Average Fair Value at Grant Date		Shares	Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period	2,672,564	$	3.39	2,333,436	$	4.55
Granted	1,777,287	$	2.14	1,857,739	$	2.49
Forfeited	(610,777)	$	3.09	(176,511)	$	3.83
Vested	(1,311,738)	$	3.59	(1,177,432)	$	4.25
Non-vested at end of period	2,527,336	$	2.48	2,837,232	$	3.37
Expected to vest	2,527,336	$	2.48	2,837,232	$	3.37

PSUs—PSUs are granted to employees of the Company and its subsidiaries. These shares are granted under compensation agreements that are for services provided by the employees. The fair value of the PSUs is measured at the grant date fair value of the award, which was determined based on an analysis of the probable performance outcomes. The performance period is over one year and is based on the achievement of bookings targets during the year of grant, as defined in the applicable award agreement. The earned shares will then vest over a three year period, one-third on each of the first, second, and third anniversaries of the grant date, or if later, the date the Compensation Committee certifies the performance results with respect to the performance period.

There was no cash flow impact resulting from the grants of restricted stock and PSUs.

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

A summary of the status of PSUs as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:


	Three Months Ended September 30, 2025			Three Months Ended September 30, 2024
	Shares	Weighted- Average Fair Value at Grant Date		Shares	Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period	1,032,718	$	2.90	1,544,346	$	3.50

Forfeited	(52,966)	$	2.71	(30,568)	$	3.52
Vested	—	$	—	—	$	—
Non-vested at end of period	979,752	$	2.91	1,513,778	$	3.50
Expected to vest	979,752	$	2.91	1,513,778	$	3.50



	Nine Months Ended September 30, 2025			Nine Months Ended September 30, 2024
	Shares(1)	Weighted- Average Fair Value at Grant Date		Shares(2)	Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period	1,420,665	$	3.55	1,616,962	$	4.52
Granted	623,000	$	2.69	960,000	$	2.54
Forfeited	(509,230)	$	2.83	(283,782)	$	4.80
Vested	(554,683)	$	4.36	(779,402)	$	3.99
Non-vested at end of period	979,752	$	2.91	1,513,778	$	3.50
Expected to vest	979,752	$	2.91	1,513,778	$	3.50

(1) PSUs forfeited during the first quarter of 2025 includes 152,284 PSUs forfeited related to the bookings achievement for the performance period ended December 31, 2024.

(2) PSUs forfeited during the first quarter of 2024 relate to the bookings achievement for the performance period ended December 31, 2023.

Employee Stock Purchase Plan—On March 11, 2020 the Company's Board of Directors adopted an Employee Stock Purchase Plan ("ESPP"). The ESPP was approved by the Company's stockholders on April 21, 2020. The ESPP provides eligible employees the opportunity to purchase shares of the Company's common stock through payroll deductions during six-month offering periods. The purchase price per share of common stock is 85% of the lower of the closing stock price on the first or last trading day of each offering period. The offering periods are January 1 to June 30 and July 1 to December 31. The maximum number of shares of common stock available for purchase under the ESPP is 500,000, subject to adjustment as provided under the ESPP. Individual employee purchases are limited to $25,000 per calendar year, based on the fair market value of the shares on the purchase date. As of September 30, 2025, 108,021 shares were eligible for purchase under the ESPP. No shares were issued during the three months ended September 30, 2025 and 2024. During the nine month periods ended September 30, 2025 and 2024, 54,229 and 81,874 shares, respectively, were issued under the plan.

15. INCOME TAXES

The Company’s effective tax rate was 15% and 12% for the three and nine months ended September 30, 2025, respectively, and (91)% and 139% for the three and nine months ended September 30, 2024, respectively. The following items caused the effective rate to differ from the statutory rate:

•Tax expense of $0.6 million during the nine months ended September 30, 2025, and $0.1 million and $2.0 million during the three and nine months ended September 30, 2024, respectively, from the tax impacts of share-based compensation awards.

•A tax benefit of $0.4 million during the nine months ended September 30, 2025, from the completion of a federal tax examination related to research credits.

•Tax expense of $0.4 million and $0.1 million during the three and nine months ended September 30, 2025, respectively, from deduction limitations on executive compensation.

•Tax expense of $1.9 million during the nine months ended September 30, 2025, from nondeductible impairment charges.

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•Tax expense of $0.2 million during the nine months ended September 30, 2024, from state taxes related to research and development expenditures.

On July 4, 2025, the legislation commonly known as the One Big Beautiful Bill Act ("OBBBA") was signed into law. The changes resulting from the tax provisions in OBBBA include accelerated tax deductions for qualified domestic research expenditures. The Company expects a favorable cash flow impact in 2025 and 2026 from these changes. However, the Company does not expect its effective tax rate to be materially impacted by OBBBA.

16. EARNINGS PER SHARE

Basic earnings per share (“EPS”) is computed based on the weighted-average number of shares of common stock outstanding. Diluted EPS is computed based on the weighted-average number of shares of common stock outstanding plus common stock equivalents, where dilutive. The following is a calculation of basic and diluted EPS and weighted-average shares outstanding (in thousands, except per share amounts):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net loss	$	(4,269)	$	(200)	$	(14,861)	$	(769)

Weighted-average shares outstanding—basic	44,823		44,873		45,224		44,550
Add shares issuable from stock-based awards(1)	—		—		—		—
Weighted-average shares outstanding—diluted	44,823		44,873		45,224		44,550

Basic loss per share	$	(0.10)	$	—	$	(0.33)	$	(0.02)
Diluted loss per share	$	(0.10)	$	—	$	(0.33)	$	(0.02)

Dilutive shares issuable from unvested equity awards(1)	—		—		—		—
Anti-dilutive shares issuable from unvested equity awards(2)	236		3,271		1,824		3,325

(1) During the three and nine months ended September 30, 2025, 1.2 million and 0.6 million shares, respectively, were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss. During each of the three and nine months ended September 30, 2024, 0.4 million shares were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss.
(2) Represents outstanding stock-based awards that were anti-dilutive and excluded from the calculation of diluted earnings per share.

17. SEGMENT INFORMATION

In connection with the organizational restructuring in the first quarter of 2025, as described in note 5, the Company changed its reportable segments to reflect the current operating structure. Accordingly, prior periods have been recast to reflect the current segment presentation. Management has organized its reportable segments based upon our internal management reporting and information provided to the chief operating decision maker "CODM" after the restructuring was completed.

The Company previously reported one segment, Tech-focused. Information previously reported in the Tech-focused segment has been separated into ClearanceJobs ("CJ") and Dice, and the Company has two reportable segments: ClearanceJobs and Dice.

ClearanceJobs is an online career community dedicated to connecting security-cleared professionals with employers in a secure and private environment to fill the jobs that safeguard our nation. Authorized U.S. government contractors, federal agencies, national laboratories and universities utilize ClearanceJobs to find candidates with specific, active or current security clearance requirements in a range of disciplines. The platform provides opportunities for employers and candidates to engage in real-time through messaging and live video, and for employers to promote differentiators through a multitude of branding products and features.

Dice is a destination for technology and engineering talent in the United States to find relevant job opportunities. The job postings available on Dice, from both technology and non-technology companies across many industries, include positions

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

for software engineers, big data professionals, systems administrators, database specialists, project managers, tech professionals with AI skills, and a variety of other technology and engineering professionals.

Corporate includes general overhead not directly consumed by the segments such as interest expense, public company costs, compensation of certain executives and other professional fees. Corporate assets include all cash, income tax related assets, investments, and certain prepaid and other assets.

The Company has included additional disclosures regarding significant expenses regularly provided to our CODM. The Company’s CODM is the Company’s Chief Executive Officer. Given the restructuring from one to two segments, the measure of segment profit or loss has changed from consolidated net income to Adjusted EBITDA. The CODM uses Adjusted EBITDA to allocate resources to each segment, predominately through a budgeting and forecasting process. The CODM utilizes segment revenue, operating expenses and Adjusted EBITDA when making decisions about resource allocations. Resource allocation decisions include, among other things, investing in product development, sales and marketing, employee compensation, acquisitions, and stockholder programs.

All operations are in the United States and the Company does not have revenues and long-lived assets, which includes fixed assets and lease right of use assets, outside of the United States. The CODM is not provided assets in evaluating the results of the segments, and therefore, such information is not provided, except capital expenditures. The accounting policies of each segment are the same as those described in Note 1 of the notes to the condensed consolidated financial statements.

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The following table provides an analysis of results by reportable segment (in thousands):


	Three Months Ended September 30, 2025						Three Months Ended September 30, 2024
By Reportable Segment:	CJ		Dice		Total		CJ		Dice		Total
Revenues	$	13,937	$	18,186	$	32,123	$	13,842	$	21,441	$	35,283
Less:
Adjusted cost of revenues	1,718		2,874				1,494		3,573
Adjusted product development	1,351		1,541				1,144		3,604
Adjusted sales	2,026		3,109				1,988		4,634
Adjusted marketing	1,707		2,259				1,744		3,219
Adjusted general and administrative	1,188		2,182				1,134		2,423
Adjusted EBITDA(1)	5,947		6,221		12,168		6,338		3,988		10,326

Reconciling Items:(2)
Less:
Depreciation (3)					3,362						4,542
Amortization					126						—
Restructuring					—						1,111

Impairment of intangible assets(4)					9,600						—
Severance, professional fees and related costs, and non-cash stock based compensation					1,672						2,339
Income from equity method investment					(60)						(23)

Interest expense and other					614						755
Unallocated amounts:
Other corporate expenses					1,895						1,707
Loss before income taxes					$	(5,041)					$	(105)

Capital Expenditures(2)(5)	$	451	$	1,056	$	1,507	$	578	$	2,529	$	3,107

(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $0.7 million and $2.7 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2025. Depreciation was $0.7 million and $3.9 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2024.
(4) Impairment of intangible assets related to the Dice tradename.
(5) Consists of capitalized website development and software costs as provided to the CODM.

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NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


	Nine Months Ended September 30, 2025						Nine Months Ended September 30, 2024
By Reportable Segment:	CJ		Dice		Total		CJ		Dice		Total
Revenues	$	40,940	$	55,511	$	96,451	$	40,375	$	66,766	$	107,141
Less:
Adjusted cost of revenues	5,162		9,819				4,530		10,548
Adjusted product development	3,868		5,738				3,406		10,868
Adjusted sales	6,163		11,575				6,256		14,789
Adjusted marketing	4,881		8,069				5,132		9,945
Adjusted general and administrative	3,142		6,492				3,297		6,805
Adjusted EBITDA(1)	17,724		13,818		31,542		17,754		13,811		31,565

Reconciling Items:(2)
Less:
Depreciation (3)					11,107						13,584
Amortization					126						—
Restructuring					6,486						1,111
Impairment of goodwill (4)					7,800						—
Impairment of intangible assets(5)					9,600						—
Severance, professional fees and related costs, and non-cash stock based compensation					5,662						6,866
Income from equity method investment					(87)						(325)
Impairment of investment					—						400
Interest expense and other					1,893						2,546
Unallocated amounts:
Other corporate expenses					5,794						5,405
Income (loss) before income taxes					$	(16,839)					$	1,978

Capital Expenditures(2)(6)	$	1,098	$	4,277	$	5,375	$	1,972	$	7,779	$	9,751

(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $2.2 million and $8.9 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2025. Depreciation was $2.0 million and $11.6 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2024.
(4) Impairment of goodwill related entirely to the Dice reportable segment.
(5) Impairment of intangible assets related to the Dice tradename.
(6) Consists of capitalized website development and software costs as provided to the CODM.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion should be read in conjunction with our unaudited condensed consolidated financial statements and the related notes included elsewhere in this report. See also our consolidated financial statements and the notes thereto and the section entitled “Note Concerning Forward-Looking Statements” in our Annual Report on Form 10-K for the year ended December 31, 2024.

Information contained herein contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of

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1934, as amended. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Forward-looking statements include, without limitation, information concerning our possible or assumed future financial condition, liquidity and results of operations, including expectations (financial or otherwise), our strategy, plans, objectives, and intentions, and growth potential. These statements often include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to: our ability to execute our tech-focused strategy; write-offs of goodwill, tradename and intangible assets; backlog not accurately representing future revenue; competition from existing and future competitors; changes in the recruiting and career services business and technologies, and the development of new products and services; macroeconomic conditions, including government shutdowns; the impact of initiatives to restructuring or streamlining government agencies, such as DOGE; the risk that AI models will reduce demand for technology professionals in the workforce; failure to develop and maintain our reputation and brand recognition; failure to increase or maintain the number of customers who purchase recruitment packages; failure to attract qualified professionals or grow the number of qualified professionals who use our websites; inability to successfully integrate future acquisitions or identify and consummate future acquisitions; misappropriation or misuse of our intellectual property, claims against us for intellectual property infringement or the failure to enforce our ownership or use of intellectual property; failure of our businesses to attract, retain and engage users; unfavorable decisions in proceedings related to future tax assessments; taxation risks in various jurisdictions for past or future sales; significant downturn not immediately reflected in our operating results; our indebtedness and the potential inability to borrow funds under our Credit Agreement (as defined below); our ability to incur additional debt; covenants in our Credit Agreement; the development and use of artificial intelligence; failure to timely and efficiently scale and adapt our existing technology and network infrastructure; capacity constraints, systems failures or breaches of network security; the usefulness of our candidate profiles; decrease in user engagement; Internet search engine methodologies and their impact on our search result rankings; failure to halt the operations of websites that aggregate our data, as well as data from other companies; our reliance on third-party data hosting facilities; compliance with laws and regulations concerning collection, storage and use of professionals’ professional and personal information; U.S. regulation of the internet; a review of strategic alternatives may occur from time to time and the possibility that such review will not result in a transaction; loss of key executives and technical personnel and our ability to attract and retain key executives, including our CEO; increases in the unemployment rate, cyclicality or downturns in the United States or worldwide economies or the industries we serve, labor shortages, or job shortages; litigation related to infringement or other claims regarding our services or content; our ability to defend ownership of our intellectual property; global climate change; compliance with changing corporate governance requirements and costs incurred in connection with being a public company; compliance with the continued listing standards of the New York Stock Exchange; volatility in our stock price; differences between estimates of financial projections and future results; failure to maintain internal controls over financial reporting; results of operations fluctuating on a quarterly and annual basis; our Section 382 Rights Plan may have an anti-takeover effect; anti takeover provisions in our governing documents making changes to management difficult; and disruption resulting from unsolicited offers to purchase the company. These factors and others are discussed in more detail below and in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, under the headings “Risk Factors,” “Forward-Looking Statements” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”

You should keep in mind that any forward-looking statement made by us herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect us. We have no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

In addition, information contained herein contains certain non-GAAP financial measures. These measures are not in accordance with, or an alternative for, measures in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"). See “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Financial Measures" for definitions of these measures as well as reconciliations to the mostly directly comparable GAAP measure.

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Overview

DHI is a provider of software products, online tools and services that deliver career marketplaces to candidates and employers in the United States. DHI’s brands, ClearanceJobs and Dice, enable recruiters and hiring managers to efficiently search, match and connect with highly skilled technologists in specialized fields, particularly technology and active government security clearance. Professionals find ideal employment opportunities, relevant job advice and personalized data that help manage their technologist lives.

In online recruitment, we specialize in employment categories in which there has been a long-term scarcity of highly skilled, highly qualified professionals relative to market demand, specifically technologists who work in a variety of industries or have active government security clearances. Our websites serve as online two-sided marketplaces where employers and recruiters source and connect with prospective employees, and where technologists find relevant job opportunities, data and information to further their careers. Our websites offer job postings, news and content, career development and recruiting services tailored to the specific needs of the professional community that each website serves.

We have been in the recruiting and career development business for over 30 years. Based on our prior operating structure, we had identified one reportable segment, Tech-focused, which included the ClearanceJobs and Dice businesses and corporate related costs. In connection with the organizational restructuring in the first quarter of 2025, the Company changed its reportable segments to ClearanceJobs and Dice, which reflects the current operating structure. The Company incurs certain costs that are not directly attributable to the segments and are included in Corporate. Accordingly, prior periods have been recast to reflect the current segment presentation. We have organized our reportable segments based upon our internal management reporting.

Our Revenue and Expenses

We derive the majority of our revenue from customers who pay fees, either annually, quarterly or monthly, to post jobs on our websites and to access our searchable databases of resumes. Our fees vary by customer based on the number of individual users of our databases of resumes, the number and type of job postings and profile views purchased and the terms of the packages purchased, which are predominately annual agreements. Our Company sells recruitment packages, which comprise greater than 90% of our total revenue, that can include access to our databases of resumes and job posting capabilities. We believe the key metrics that are material to an analysis of our businesses are our total number of ClearanceJobs and Dice recruitment package customers and the revenue, on average, that these customers generate. The Company's management uses these metrics to monitor the current and future activity of the businesses. The tables below detail this customer data.


	As of September 30,		Increase (Decrease)	Percent Change
Recruitment Package Customers:	2025	2024
ClearanceJobs	1,822	1,982	(160)	(8)%
Dice	4,239	4,868	(629)	(13)%


	Average Annual Revenue per Recruitment Package Customer(1)
	Three months ended September 30,								Nine months ended September 30,
	2025		2024		Increase (Decrease)		Percent Change		2025		2024		Increase (Decrease)		Percent Change
ClearanceJobs	$	26,601	$	24,762	$	1,839	7	%	$	26,144	$	24,029	$	2,115	9	%
Dice	$	15,727	$	16,330	$	(603)	(4)	%	$	15,848	$	16,207	$	(359)	(2)	%

(1) Calculated by dividing recruitment package customer revenue by the daily average count of recruitment package customers during each month, adjusted to reflect a 30-day month. The simple average of each month is used to derive the amount for each period and then annualized to reflect 12 months.

ClearanceJobs had 1,822 recruitment package customers as of September 30, 2025 compared to 1,982 as of September 30, 2024, a decrease of 8%, and average annual revenue per recruitment package customer increased $1,839, or 7%, from the prior year quarter. The increased revenue per recruitment package customer for ClearanceJobs was due to continued high demand for professionals with government security clearance and consistent product releases and enhancements driving activity on the site, along with lower renewals for its smaller customers. The lower customer count was due to lower renewals for ClearanceJobs' smaller customers as uncertainty continued around the timing and amount of federal defense contracting. Dice had 4,239 recruitment package customers as of September 30, 2025, which was a decrease of 629, or 13%, and average annual revenue

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per recruitment package customer for Dice decreased by $603, or 4%, from the prior year quarter. The decrease in recruitment package customers and revenue per recruitment package customer was due to macroeconomic conditions causing customer counts and renewal rates to decline.

Deferred revenue, as shown on the condensed consolidated balance sheets, reflects customer billings made in advance of services being rendered. Backlog consists of deferred revenue plus customer contractual commitments not invoiced representing the value of future services to be rendered under committed contracts. We believe backlog to be an important measure of our business as it represents our ability to generate future revenue. A summary of our deferred revenue and backlog is as follows:


			Comparison to Prior Year End						Comparison Year Over Year
	9/30/2025		12/31/2024		Increase (Decrease)		Percent Change		9/30/2024		Increase (Decrease)		Percent Change
Deferred Revenue	$	40,982	$	45,456	$	(4,474)	(10)	%	$	46,913	$	(5,931)	(13)	%
Contractual commitments not invoiced	53,289		59,294		(6,005)		(10)	%	56,595		(3,306)		(6)	%
Backlog(1)	$	94,271	$	104,750	$	(10,479)	(10)	%	$	103,508	$	(9,237)	(9)	%

(1) Backlog consists of deferred revenue plus customer contractual commitments not invoiced representing the value of future services to be rendered under committed contracts.

Backlog at September 30, 2025 decreased $10.5 million from December 31, 2024 and decreased $9.2 million from September 30, 2024. The decrease in backlog compared to both December 31, 2024 and September 30, 2024 was due to macroeconomic conditions causing lower demand for the Company's services and the decrease from December 31, 2024 was also due to the seasonality of contracting with customers.

Our contracts are subject to delay or default and contracts in the Company's backlog are subject to changes in the scope of services to be provided as well as adjustments to the costs relating to the applicable contracts. Backlog may also be affected by, among other things, external market and economic factors beyond our control. Accordingly, there is no assurance that the entirety of our backlog will be realized. The timing of new contracts and the mix of services can significantly affect backlog. Backlog at any given point in time may not accurately represent the future revenue that may be realized and should not be relied upon as a stand-alone indicator of future revenues.

To a lesser extent, we also generate revenue from advertising on our various websites, employer branding solutions or from lead generation and marketing solutions provided to our customers. Advertisements include various forms of rich media and banner advertising, text links, sponsorships, and custom content marketing solutions. Lead generation information utilizes advertising and other methods to deliver leads to customers. Employer branding pages provide an opportunity for customers to promote company culture and values to candidates.

The Company continues to evolve and present new software products and features to attract and engage qualified professionals and match them with employers. Our ability to grow our revenue will largely depend on our ability to grow our customer bases in the markets in which we operate by acquiring new customers while retaining a high proportion of the customers we currently serve, and to expand the breadth of services our customers purchase from us. We continue to make investments in our business and infrastructure to help us achieve our long-term growth objectives, such as the innovative products in the table below.


Product Releases
2025						2024
ClearanceJobs Expanded Multi-Factor Authentication, ClearanceJobs Live Enhancements, Candidate Experience Personalization, AgileATS, Premium Candidate Experience						ClearanceJobs Live, ClearanceJobs Pulse Newsfeed
Dice Technologist Dashboard, Easy Post for SmartRecruiters ATS, Candidate Home Feed Redesign, Dice Digital Experience Platform, Enhanced My Jobs						Dice Recruiter App, Easy Post Integration, Discover Companies, TopResume Integration, Dice Privacy & Trust Center

Other material factors that may affect our results of operations include our ability to attract qualified professionals that become engaged with our websites and our ability to attract customers with relevant job opportunities. The more qualified professionals

Table of Conte n t s

that use our websites, the more attractive our websites become to employers and advertisers, which in turn makes them more likely to become our customers, resulting positively on our results of operations. If we are unable to continue to attract qualified professionals to engage with our two-sided marketplaces, our customers may no longer find our services attractive, which could have a negative impact on our results of operations. Additionally, we need to ensure that our websites remain relevant in order to attract qualified professionals to our websites and to engage them in high-value tasks, such as posting resumes and/or applying for jobs.

The largest components of our expenses are personnel costs and marketing and sales expenditures. Personnel costs consist of salaries, benefits, and incentive compensation for our employees, including commissions for salespeople. Personnel costs are categorized in our statement of operations based on each employee’s principal function. Personnel costs incurred during the application development stage of internal use software and website development are recorded as fixed assets and amortized to depreciation expense in the statement of operations over the estimated useful life of the asset. Marketing expenditures primarily consist of online advertising, brand promotion and lead generation to employers and job seekers.

Three Months Ended September 30, 2025 Compared to the Three Months Ended September 30, 2024

Revenue


	Three Months Ended September 30,				Increase (Decrease)		Percent Change
	2025		2024
	(in thousands, except percentages)

ClearanceJobs	$	13,937	$	13,842	$	95	1	%
Dice	18,186		21,441		(3,255)		(15)	%
Total revenue(1)	$	32,123	$	35,283	$	(3,160)	(9)	%

(1) We had previously disclosed that career events were recorded within Dice. Career events have been reclassified between ClearanceJobs and Dice based on the nature of the event for the periods ended September 30, 2025 and 2024.

For the three months ended September 30, 2025, we experienced a decrease in revenue of $3.2 million, or 9%, as compared to the three months ended September 30, 2024. Revenues for ClearanceJobs increased $0.1 million, or 1%, as compared to the same period in 2024. Continued demand for professionals with government clearance and consistent product releases and enhancements drove the small increase despite continued uncertainty around government contracting and defense spending. Revenue at Dice decreased $3.3 million, or 15%, compared to the same period in 2024 due to macroeconomic conditions continuing to drive lower renewal rates and lower new business activity.

Cost of Revenue


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Cost of revenue
ClearanceJobs	$	1,718		$	1,494		$	224	15	%
Dice	2,871			3,574			(703)		(20)	%
Other corporate expenses	—			—			—		n.m.
Total cost of revenue	$	4,589		$	5,068		$	(479)	(9)	%
Percentage of revenue	14.3		%	14.4		%

Cost of revenue decreased $0.5 million, or 9% from the prior year. The ClearanceJobs segment increased $0.2 million primarily due to an increase of $0.2 million in compensation related costs, primarily due to headcount. The Dice segment decreased $0.7 million primarily due to a decrease of $0.7 million in compensation related costs, primarily due to lower headcount.

Table of Conte n t s

Product Development Expenses


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Product development
ClearanceJobs	$	1,350		$	1,143		$	207	18	%
Dice	1,527			3,604			(2,077)		(58)	%
Other corporate expenses	—			29			(29)		(100)	%
Total product development	$	2,877		$	4,776		$	(1,899)	(40)	%
Percentage of revenue	9.0		%	13.5		%

Product development expenses decreased $1.9 million, or 40% from the same period of the prior year. The ClearanceJobs segment increased $0.2 million due to an increase in compensation related costs, primarily headcount. The Dice segment decreased $2.1 million primarily due to $3.3 million of lower compensation related costs, primarily due to lower headcount, and a decrease of $0.2 million in operational costs, including consulting fees and software subscriptions. The decrease was partially offset by $1.4 million of lower capitalized labor, which increases expense. Other corporate expenses was substantially flat with costs approximating the prior year period.

Sales and Marketing Expenses


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Sales and marketing
ClearanceJobs	$	3,732		$	3,731		$	1	—	%
Dice	5,350			7,853			(2,503)		(32)	%
Other corporate expenses	—			1			(1)		(100)	%
Total sales and marketing	$	9,082		$	11,585		$	(2,503)	(22)	%
Percentage of revenue	28.3		%	32.8		%

Sales and marketing expenses decreased $2.5 million, or 22% from the same period for the prior year. The ClearanceJobs segment was flat with costs approximating the prior year period. The Dice segment decreased by $2.5 million, of which $1.9 million was due to lower compensation related costs, primarily related to lower headcount, $0.4 million was due to lower discretionary marketing costs, and $0.2 million was due to lower operational costs, including consulting fees and travel. Other corporate expenses was substantially flat with costs approximating the prior year period.

General and Administrative Expenses


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
General and administrative
ClearanceJobs	$	1,371		$	1,464		$	(93)	(6)	%
Dice	2,480			3,035			(555)		(18)	%
Other corporate expenses	3,123			3,075			48		2	%
Total General and administrative	$	6,974		$	7,574		$	(600)	(8)	%
Percentage of revenue	21.7		%	21.5		%

General and administrative expenses decreased $0.6 million, or 8% from the same period for prior year. The ClearanceJobs segment decreased $0.1 million due to a decrease in compensation related costs, primarily stock-based compensation. The Dice segment decrease of $0.6 million was driven by a $0.5 million decrease in compensation related costs, primarily stock-based compensation. Other corporate expenses was substantially flat with costs approximating the prior year period.

Table of Conte n t s

Depreciation


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Depreciation
ClearanceJobs	$	669		$	665		$	4	1	%
Dice	2,693			3,877			(1,184)		(31)	%
Other corporate expenses	—			—			—		n.m.
Total Depreciation	$	3,362		$	4,542		$	(1,180)	(26)	%
Percentage of revenue	10.5		%	12.9		%

Depreciation expense decreased $1.2 million, or 26%, compared to the same period in 2024. The ClearanceJobs segment was substantially flat with costs approximating the prior year period. The Dice segment decreased $1.2 million as fixed asset purchases, which are primarily comprised of capitalized development costs, have declined.

Amortization


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Amortization
ClearanceJobs	$	126		$	—		$	126	—	%
Dice	—			—			—		n.m.
Other corporate expenses	—			—			—		n.m.
Total Amortization	$	126		$	—		$	126	—	%
Percentage of revenue	0.4		%	—		%

Amortization expense increased $0.1 million compared to the same period in 2024 as $1.6 million of definite lived intangible assets were acquired by ClearanceJobs in the third quarter of 2025. See Note 9 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Restructuring


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Restructuring
ClearanceJobs	$	—		$	—		$	—	n.m.
Dice	—			—			—		n.m.
Other corporate expenses	—			1,111			(1,111)		(100)	%
Total Restructuring	$	—		$	1,111		$	(1,111)	(100)%
Percentage of revenue	—		%	3.1		%

During the three months ended September 30, 2024, the Company recorded a restructuring charge of $1.1 million, which included a reduction of the Company’s then-current workforce by approximately 7%.

Table of Conte n t s

Impairment of Intangible Assets


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Impairment of intangible assets
ClearanceJobs	$	—		$	—		$	—	n.m.
Dice	9,600			—			9,600		—	%
Other corporate expenses	—			—			—		n.m.
Total impairment of intangible assets	$	9,600		$	—		$	9,600	n.m.
Percentage of revenue	29.9		%	—		%

During the three months ended September 30, 2025, the Company recorded a $9.6 million loss related to the impairment of intangible assets in the Dice segment. See Note 9 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Operating Income (Loss)


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Revenue	$	32,123		$	35,283		$	(3,160)	(9)	%
Operating income (loss)	(4,487)			627			(5,114)		(816)	%
Operating margin	(14.0)		%	1.8		%

Operating loss for the three months ended September 30, 2025 was $4.5 million, a negative margin of 14.0%, compared to operating income of $0.6 million, a positive margin of 1.8%, for the same period in 2024, a decrease of $5.1 million. The decrease in operating income and percentage margin was driven by lower revenues and the impairment of intangible assets, partially offset by lower operating expenses in the Dice segment due to the restructuring in the second quarter of 2025 and the restructuring charge in the third quarter of 2024 that did not recur.

Income from Equity Method Investment


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Income from equity method investment	$	60		$	23		$	37	161	%
Percentage of revenue	0.2		%	0.1		%

The Company recorded approximately $0.1 million and was zero, respectively, of income related to its proportionate share of eFinancialCareer's net income for the three months ended September 30, 2025 and 2024. The Company records its proportionate share of eFinancialCareer's net income three months in arrears. See Note 7 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Interest Expense and Other


	Three Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Interest expense and other	$	614		$	755		$	(141)	(19)	%
Percentage of revenue	1.9		%	2.1		%

Interest expense and other decreased $0.1 million, or 19%, from the prior year, due to lower debt outstanding and lower interest rates on our revolving credit facility during the current period.

Table of Conte n t s

Income Taxes


	Three Months Ended September 30,
	2025			2024
	(in thousands, except percentages)
Loss before income taxes	$	(5,041)		$	(105)
Income tax expense (benefit)	(772)			95
Effective tax rate	15.3		%	(90.5)		%

The effective tax rate for the three months ended September 30, 2025, differed from the statutory rate due to tax expense of $0.4 million from deduction limitations on executive compensation. The tax rate for the three months ended September 30, 2024, differed from the statutory rate due to tax expense of $0.1 million from the tax impacts of share-based compensation awards.

Earnings (Loss) per Share


	Three Months Ended September 30,
	2025		2024
	(in thousands, except per share amounts)


Net loss	$	(4,269)	$	(200)

Weighted-average shares outstanding - basic	44,823		44,873
Weighted-average shares outstanding - diluted	44,823		44,873

Basic loss per share	$	(0.10)	$	—
Diluted loss per share	$	(0.10)	$	—

Diluted loss per share was $0.10 and flat for the three months ended September 30, 2025 and 2024, respectively. The decrease was driven by lower operating income, as described above, partially offset by an income tax benefit.

Nine Months Ended September 30, 2025 Compared to the Nine Months Ended September 30, 2024

Revenue


	Nine Months Ended September 30,				Increase (Decrease)		Percent Change
	2025		2024
	(in thousands, except percentages)

ClearanceJobs	$	40,940	$	40,375	$	565	1	%
Dice	55,511		66,766		(11,255)		(17)	%
Total revenue(1)	$	96,451	$	107,141	$	(10,690)	(10)	%

(1) We had previously disclosed that career events were recorded within Dice. Career events have been reclassified between ClearanceJobs and Dice based on the nature of the event for the periods ended September 30, 2025 and 2024.

We experienced a decrease in revenue of $10.7 million, or 10% during the nine month period ended September 30, 2025 as compared to the nine month period ended September 30, 2024. Revenue at ClearanceJobs increased by $0.6 million, or 1%, as compared to the same period in 2024. Continued demand for professionals with government clearance and consistent product releases and enhancements drove the increase despite continued uncertainty around government contracting and defense spending. Revenue at Dice decreased by $11.3 million, or 17%, compared to the prior year due to macroeconomic conditions continuing to drive lower renewal rates, lower new business activity and lower activity with Dice's non-annual products.

Table of Conte n t s

Cost of Revenue


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Cost of revenue
ClearanceJobs	$	5,162		$	4,530		$	632	14	%
Dice	9,841			10,549			(708)		(7)	%
Other corporate expenses	66			66			—		—	%
Total cost of revenue	$	15,069		$	15,145		$	(76)	(1)	%
Percentage of revenue	15.6		%	14.1		%

Cost of revenue decreased $0.1 million, or 1%, from the prior year period. The ClearanceJobs segment increased $0.6 million due to a $0.4 million increase in compensation related costs, a $0.4 million increase in contractor costs, and a $0.2 million increase in discretionary marketing expenses. The ClearanceJobs increase was partially offset by a $0.3 million decrease in operational costs, primarily web hosting. The Dice segment decreased $0.7 million compared to the prior year period due to a $1.5 million decrease in compensation related costs, primarily headcount and commissions, which was partially offset by a decrease of $0.5 million driven by lower capitalized labor, which increases expense, and a $0.3 million increase in operational costs, primarily consulting and contractor costs.

Product Development Expenses


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Product development
ClearanceJobs	$	3,918		$	3,406		$	512	15	%
Dice	5,724			10,868			(5,144)		(47)	%
Other corporate expenses	215			29			186		641	%
Total product development	$	9,857		$	14,303		$	(4,446)	(31)	%
Percentage of revenue	10.2		%	13.3		%

Product development decreased $4.4 million, or 31%, from the prior year period. The ClearanceJobs segment increased $0.5 million driven by lower capitalized labor of $0.2 million, which increases operating expense and a $0.2 million increase in operational costs, primarily from consulting and travel. The Dice segment decreased $5.1 million primarily due to lower compensation related costs of $8.1 million due to lower headcount and a decrease of $0.3 million in operational costs, primarily consulting and software subscriptions, partially offset by lower capitalized labor of $3.2 million, which increases expense. Other corporate expenses increased $0.2 million due to compensation related costs that did not occur in the prior year period.

Sales and Marketing Expenses


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Sales and marketing
ClearanceJobs	$	11,043		$	11,387		$	(344)	(3)	%
Dice	19,626			24,734			(5,108)		(21)	%
Other corporate expenses	82			181			(99)		(55)	%
Total sales and marketing	$	30,751		$	36,302		$	(5,551)	(15)	%
Percentage of revenue	31.9		%	33.9		%

Sales and marketing expenses decreased $5.6 million, or 15% from the prior year period. The ClearanceJobs segment decreased $0.3 million driven by lower compensation related costs of $0.8 million due to lower headcount, partially offset by higher commissions of $0.4 million. The Dice segment decreased $5.1 million driven by lower compensation related costs of $3.6

Table of Conte n t s

million due to lower headcount, a $0.9 million decrease in discretionary marketing expenses, and a $0.6 million decrease in operational costs, including consulting, travel and credit card fees.

General and Administrative Expenses


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
General and administrative
ClearanceJobs	$	3,978		$	4,416		$	(438)	(10)	%
Dice	7,841			8,879			(1,038)		(12)	%
Other corporate expenses	8,869			8,802			67		1	%
Total general and administrative	$	20,688		$	22,097		$	(1,409)	(6)	%
Percentage of revenue	21.4		%	20.6		%

General and administrative costs decreased $1.4 million, or 6%, from the prior year. The ClearanceJobs segment decreased $0.4 million driven by lower compensation related costs, primarily stock-based compensation and lower headcount. The Dice segment decreased $1.0 million due to a $0.8 million decrease in compensation related costs, primarily stock-based compensation, and a $0.3 million decrease in operational costs, primarily software subscriptions and consulting.

Depreciation


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Depreciation
ClearanceJobs	$	2,245		$	1,989		$	256	13	%
Dice	8,862			11,595			(2,733)		(24)	%
Other corporate expenses	—			—			—		n.m.
Total depreciation	$	11,107		$	13,584		$	(2,477)	(18)	%
Percentage of revenue	11.5		%	12.7		%

Depreciation expense decreased $2.5 million, or 18%, compared to the same period in 2024. The ClearanceJobs segment increased $0.3 million driven by depreciation related to capitalized development costs, which are recorded as fixed assets. The Dice segment decreased by $2.7 million as fixed asset purchases, which are primarily comprised of capitalized development costs, have declined.

Amortization


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Amortization
ClearanceJobs	$	126		$	—		$	126	—	%
Dice	—			—			—		n.m.
Other corporate expenses	—			—			—		n.m.
Total amortization	$	126		$	—		$	126	—	%
Percentage of revenue	0.1		%	—		%

Table of Conte n t s

Restructuring


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Restructuring
ClearanceJobs	$	372		$	—		$	372	—	%
Dice	3,844			—			3,844		—	%
Other corporate expenses	2,270			1,111			1,159		104	%
Total restructuring	$	6,486		$	1,111		$	5,375	n.m.
Percentage of revenue	6.7		%	1.0		%

During the nine months ended September 30, 2025, the Company recorded restructuring charges of $6.5 million, which were intended to streamline operations, drive business objectives, reduce operating expenses and improve operating margins. During the nine months ended September 30, 2024, the Company recorded a restructuring charge of $1.1 million, which included a reduction of the Company’s then-current workforce by approximately 7%.

Impairment of Intangible Assets


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Impairment of intangible assets
ClearanceJobs	$	—		$	—		$	—	n.m.
Dice	9,600			—			9,600		—	%
Other corporate expenses	—			—			—		n.m.
Total impairment of intangible assets	$	9,600		$	—		$	9,600	n.m.
Percentage of revenue	10.0		%	—		%

During the nine months ended September 30, 2025, the Company recorded a $9.6 million loss related to the impairment of intangible assets in the Dice segment. See note 9 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Impairment of Goodwill


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Impairment of goodwill
ClearanceJobs	$	—		$	—		$	—	n.m.
Dice	7,800			—			7,800		—	%
Other corporate expenses	—			—			—		n.m.
Total impairment of goodwill	$	7,800		$	—		$	7,800	n.m.
Percentage of revenue	8.1		%	—		%

During the nine months ended September 30, 2025, the Company recorded a $7.8 million loss related to the impairment of goodwill in the Dice segment. See note 10 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Table of Conte n t s

Operating Income


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Revenue	$	96,451		$	107,141		$	(10,690)	(10)	%
Operating income (loss)	(15,033)			4,599			(19,632)		(427)	%
Operating margin	(15.6)		%	4.3		%

Operating loss for the nine months ended September 30, 2025 was $15.0 million, a negative margin of 15.6%, compared to operating income of $4.6 million, a positive margin of 4.3%, for the same period in 2024, a decrease of $19.6 million. The decrease in operating income and lower percentage margin was primarily driven by lower revenues, the restructuring charges, and impairments, partially offset by lower product development and sales and marketing expense.

Income from Equity Method Investment


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Income from equity method investment	$	87		$	325		$	(238)	(73)	%
Percentage of revenue	0.1		%	0.3		%

During the nine months ended September 30, 2025 and 2024, the Company recorded $0.1 million and $0.3 million, respectively, of income related to its proportionate share of eFinancialCareer's net income. The Company records its proportionate share of eFC's net income three months in arrears. See Note 7 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Impairment of Investment


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Impairment of investment	$	—		$	400		$	(400)	(100)	%
Percentage of revenue	—		%	0.4		%

During the nine month period ended September 30, 2024, the Company recognized a loss of $0.4 million related to the impairment of an investment. See Note 7 to the condensed consolidated financial statements included elsewhere in this report for additional information.

Interest Expense and Other


	Nine Months Ended September 30,						Increase (Decrease)		Percent Change
	2025			2024
	(in thousands, except percentages)
Interest expense and other	$	1,893		$	2,546		$	(653)	(26)	%
Percentage of revenue	2.0		%	2.4		%

Interest expense and other decreased $0.7 million, or 26%, in the nine month period ended September 30, 2025 compared to the same period in 2024, primarily due to lower debt outstanding and lower interest rates on our revolving credit facility during the current period.

Table of Conte n t s

Income Taxes


	Nine Months Ended September 30,
	2025			2024
	(in thousands, except percentages)
Income (loss) before income taxes	$	(16,839)		$	1,978
Income tax expense (benefit)	(1,978)			2,747
Effective tax rate	11.7		%	138.9		%

Our effective tax rate for the nine months ended September 30, 2025, differed from the statutory rate due to tax expense of $0.6 million from the tax impacts of share-based compensation awards, tax expense of $1.9 million from nondeductible impairment charges, tax expense of $0.1 million from deduction limitations on executive compensation, and a tax benefit of $0.4 million from the completion of a federal tax examination related to research credits. The tax rate for the nine months ended September 30, 2024, differed from the statutory rate due to tax expense of $2.0 million from the tax impacts of share-based compensation awards and $0.2 million from state taxes related to research and development expenditures.

Earnings (Loss) per Share


	Nine Months Ended September 30,
	2025		2024
	(in thousands, except per share amounts)
Net loss	$	(14,861)	$	(769)

Weighted-average shares outstanding - basic	45,224		44,550
Weighted-average shares outstanding - diluted	45,224		44,550

Basic loss per share	$	(0.33)	$	(0.02)
Diluted loss per share	$	(0.33)	$	(0.02)

Diluted loss per share was $0.33 and $0.02 for the nine months ended September 30, 2025 and 2024, respectively. The decrease was driven by lower operating income, partially offset by an income tax benefit, as described above.

Table of Conte n t s

Non-GAAP Financial Measures

We have provided certain non-GAAP financial information as additional information for our operating results. These measures are not in accordance with, or alternatives to measures in accordance with U.S. GAAP and may be different from similarly titled non-GAAP measures reported by other companies. We believe the presentation of non-GAAP measures, such as Adjusted EBITDA and Adjusted EBITDA Margin, provides useful information to management and investors regarding certain financial and business trends relating to our financial condition and results of operations. In addition, the Company’s management uses these measures for reviewing the financial results of the Company and for budgeting and planning purposes. Non-GAAP results exclude the impact of items that management believes affect the comparability or underlying business trends in our condensed consolidated financial statements in the periods presented. The non-GAAP measures apply to consolidated results or other measures as shown within this document. The Company has provided required reconciliations to the most comparable GAAP measures below.

Adjusted EBITDA and Adjusted EBITDA Margin

Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP measures used by management to measure operating performance. Management uses Adjusted EBITDA and Adjusted EBITDA Margin as performance measures for internal monitoring and planning, including preparation of annual budgets, analyzing investment decisions and evaluating profitability and performance comparisons between us and our competitors. The Company also uses these measures to calculate amounts of performance-based compensation under the senior management incentive bonus program. Adjusted EBITDA represents net income plus (to the extent deducted in calculating such net income) interest expense, income tax expense, depreciation and amortization, and items such as non-cash stock-based compensation, certain write-offs in connection with indebtedness, impairment charges with respect to long-lived assets, expenses incurred in connection with an equity offering or any other offering of securities by the Company, extraordinary or non-recurring non-cash expenses or losses, losses from equity method investments, transaction costs in connection with the Credit Agreement, deferred revenue written off in connection with acquisition purchase accounting adjustments, write-off of non-cash stock-based compensation expense, impairment of investment and goodwill, severance and retention costs related to dispositions and reorganizations of the Company, restructuring charges and losses related to legal claims and fees that are unusual in nature or infrequent, minus (to the extent included in calculating such net income) non-cash income or gains, including income from equity method investments, interest income, business interruption insurance proceeds, and gains related to legal claims that are unusual in nature or infrequent.

Adjusted EBITDA Margin is computed as Adjusted EBITDA divided by revenue.

We also consider Adjusted EBITDA and Adjusted EBITDA Margin, as defined above, to be important indicators to investors because they provide information related to our ability to provide cash flows to meet future debt service, capital expenditures, working capital requirements, and to fund future growth. We present Adjusted EBITDA and Adjusted EBITDA Margin as supplemental performance measures because we believe that these measures provide our Board of Directors (the "Board"), management and investors with additional information to measure our performance, provide comparisons from period to period by excluding potential differences caused by variations in capital structures (affecting interest expense) and tax positions (such as the impact on periods or companies of changes in effective tax rates or net operating losses), and to estimate our value.

We understand that although Adjusted EBITDA and Adjusted EBITDA Margin are frequently used by securities analysts, lenders and others in their evaluation of companies, Adjusted EBITDA and Adjusted EBITDA Margin have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of our liquidity or results as reported under GAAP. Some limitations are:

•Adjusted EBITDA and Adjusted EBITDA Margin do not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments;

•Adjusted EBITDA and Adjusted EBITDA Margin do not reflect changes in, or cash requirements for, our working capital needs;

•Adjusted EBITDA and Adjusted EBITDA Margin do not reflect interest expense, or the cash requirements necessary to service interest or principal payments on our debt;

•Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized often will have to be replaced in the future, and Adjusted EBITDA and Adjusted EBITDA Margin do not reflect any cash requirements for such replacements; and

•Other companies in our industry may calculate Adjusted EBITDA and Adjusted EBITDA Margin differently than we do, limiting their usefulness as comparative measures.

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To compensate for these limitations, management evaluates our liquidity by considering the economic effect of excluded expense items independently, as well as in connection with its analysis of cash flows from operations and through the use of other financial measures, such as capital expenditure budget variances, investment spending levels and return on capital analysis.

Adjusted EBITDA and Adjusted EBITDA Margin are not measurements of our financial performance under GAAP and should not be considered as an alternative to revenue, operating income, net income, net income margin, cash provided by operating activities, or any other performance measures derived in accordance with GAAP as a measure of our profitability or liquidity.

A reconciliation of Adjusted EBITDA for the nine months ended September 30, 2025 and 2024 follows (in thousands):


	Nine Months Ended September 30,
	Dollars
	2025		2024
Reconciliation of Net Loss to Adjusted EBITDA:
Net loss	$	(14,861)	$	(769)
Interest expense	1,893		2,546
Income tax expense (benefit)	(1,978)		2,747
Depreciation	11,107		13,584
Amortization	126		—
Non-cash stock-based compensation	3,883		6,118
Income from equity method investment	(87)		(325)
Impairment of intangible assets	9,600		—
Impairment of goodwill	7,800		—
Impairment of investment	—		400
Severance, professional fees and related costs	1,779		748
Restructuring	6,486		1,111
Adjusted EBITDA	$	25,748	$	26,160

Reconciliation of Cash Flows from Operating Activities to Adjusted EBITDA
Net cash provided by operating activities	$	13,877	$	16,676
Interest expense	1,893		2,546
Amortization of deferred financing costs	(109)		(109)
Income tax expense (benefit)	(1,978)		2,747
Deferred income taxes	1,187		350
Change in accrual for unrecognized tax benefits	309		(174)
Change in accounts receivable	(6,018)		(2,572)
Change in deferred revenue	4,475		3,058
Severance, professional fees and related costs	1,779		748
Restructuring	6,486		1,111
Changes in working capital and other	3,847		1,779
Adjusted EBITDA	$	25,748	$	26,160

A reconciliation of Adjusted EBITDA Margin for the nine months ended September 30, 2025 and 2024 follows (in thousands):


	Nine Months Ended September 30,
	2025			2024
Revenue	$	96,451		$	107,141

Net loss	$	(14,861)		$	(769)
Net loss margin(1)	(15)		%	(1)		%

Adjusted EBITDA	$	25,748		$	26,160
Adjusted EBITDA Margin(1)	27		%	24		%
(1) Net income margin and Adjusted EBITDA Margin are calculated by dividing the respective measure by that period's revenue.

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Liquidity and Capital Resources

Cash Flows

A summary of our cash flows for the nine months ended September 30, 2025 and 2024 follows (in thousands):


	Nine Months Ended September 30,
	2025		2024
Cash from operating activities	$	13,877	$	16,676
Cash used in investing activities	$	(7,178)	$	(11,146)
Cash used in financing activities	$	(8,105)	$	(7,663)

We have financed our operations primarily through cash provided by operating activities and borrowings under our revolving credit facility. At September 30, 2025, we had cash of $2.3 million compared to $3.7 million at December 31, 2024.

Liquidity

Our principal internal sources of liquidity are cash, as well as the cash flow that we generate from our operations. In addition, we had $49.0 million in borrowing capacity under our $100.0 million Credit Agreement, as defined below, at September 30, 2025. Borrowings are subject to certain availability limits including our consolidated leverage ratio, which generally limits borrowings to 2.5 times annual Adjusted EBITDA levels, as defined in the Credit Agreement. We believe that our existing cash, cash generated from our continuing operations and available borrowings under our Credit Agreement will be sufficient to satisfy our currently anticipated cash requirements through at least the next 12 months and the foreseeable future thereafter. However, it is possible that one or more lenders under the Credit Agreement may refuse or be unable to satisfy their commitment to lend to us, we may violate one or more of our covenants or financial ratios contained in our Credit Agreement or we may need to refinance our debt and be unable to do so. In addition, our liquidity could be negatively affected by a decrease in demand for our products and services and the ability of our customers to pay for current or future services. We may also make acquisitions and may need to raise additional capital through future debt financings or equity offerings to the extent necessary to fund such acquisitions, which we may not be able to do on a timely basis or on terms satisfactory to us or at all.

Operating Activities

Cash flows from operating activities primarily consist of net income adjusted for certain non-cash items, including depreciation, amortization, changes in deferred tax assets and liabilities, stock-based compensation, income from equity method investments, impairments, and the effect of changes in working capital. Net cash flows from operating activities were $13.9 million and $16.7 million for the nine-month periods ended September 30, 2025 and 2024, respectively. Cash inflow from operations is driven by earnings and is dependent on the amount and timing of payments to vendors and employees and billings to and cash collections from our customers. Cash provided by operating activities during the 2025 period decreased $2.8 million compared to the same period of 2024 due to lower billings to and cash receipts from our customers, partially offset by lower headcount driving lower payments to employees.

Investing Activities

Cash used in investing activities during the nine-month period ended September 30, 2025 was $7.2 million compared to $11.1 million used in the same period of 2024. Cash used in investing activities in the nine-month period ended September 30, 2025 is primarily comprised of $5.4 million of capitalized development costs and $1.4 million of payments for acquisition. Cash used in investing activities in the nine-month period ended September 30, 2024 is primarily comprised of $9.8 million of capitalized development costs and $1.0 million of costs associated with the Company's office space.

Financing Activities

Cash used in financing activities during the nine-month period ended September 30, 2025 was $8.1 million and was driven by $6.1 million related to share repurchases and $2.0 million of net payments on long-term debt. Cash used in financing activities during the nine-month period ended September 30, 2024 was $7.7 million and was driven by $6.0 million of net payments on long-term debt and $1.7 million related to share repurchases.

Table of Conte n t s

Critical Accounting Estimates

There have been no material changes to our critical accounting estimates as compared to the critical accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024.

Financing and Capital Requirements

Credit Agreement

In June 2022, the Company, together with Dice Inc. (a wholly-owned subsidiary of the Company) and its wholly-owned subsidiary, Dice Career Solutions, Inc.,entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”), which matures in June 2027. Under the Credit Agreement, we have a $100 million revolving credit facility, with an expansion option of $50 million, bringing the total facility to $150 million, with $30.0 million of borrowings on the facility at September 30, 2025. The Company has $49.0 million available for future borrowings, subject to the terms of the Credit Agreement, which generally limits borrowings to 2.5 times annual Adjusted EBITDA levels. Borrowings under the Credit Agreement denominated in U.S. dollars bear interest, payable at least quarterly, at the Company’s option, at the Secured Overnight Financing Rate ("SOFR") or a base rate, plus a margin. Borrowings under the credit agreement denominated in pounds sterling, if any, bear interest at the Sterling Overnight Index Average ("SONIA") rate plus a margin. The margin ranges from 2.00% to 2.75% on SOFR and SONIA loans and 1.00% to 1.75% on base rate loans, determined by the Company's most recent consolidated leverage ratio, plus an additional spread of 0.10%. The Company incurs a commitment fee ranging from 0.35% to 0.50% on any unused capacity under the revolving loan facility, determined by the Company's most recent consolidated leverage ratio. Assuming an interest rate of 6.66% (the rate in effect on September 30, 2025) on our current borrowings, interest payments are expected to be $0.5 million from October 1, 2025 to December 31, 2025, $2.0 million in 2026, and $1.0 million in 2027. The Credit Agreement contains various affirmative and negative covenants and also contains certain financial covenants, including a consolidated leverage ratio and a consolidated interest coverage ratio. As of September 30, 2025, the Company was in compliance with all of the financial covenants under the Credit Agreement. Refer to Note 10 in the notes to the condensed consolidated financial statements included elsewhere in this report and Item 3. "Quantitative and Qualitative Disclosures about Market Risk - Interest Rate Risk."

Contractual Obligations

The Company has operating leases for corporate office space and certain equipment. The leases have terms from one year to ten years, some of which include options to renew the lease, and are included in the lease term when it is reasonably certain that the Company will exercise the option. No leases include options to purchase the leased property. As of September 30, 2025, the value of our lease right-of-use asset was $5.8 million and the value of our lease liability was $9.5 million. See Note 6 to the condensed consolidated financial statements included elsewhere in this report for further information.

We make commitments to purchase advertising from online vendors, which we pay for on a monthly basis. We have no significant long-term obligations to purchase a fixed or minimum amount with these vendors.

Other Capital Requirements

As of September 30, 2025, we recorded approximately $0.8 million of unrecognized tax benefits as liabilities, and we are uncertain if or when such amounts may be settled. Related to the unrecognized tax benefits considered permanent differences, we have also recorded a liability for potential penalties and interest. Included in the balance of unrecognized tax benefits at September 30, 2025, are $0.8 million of tax benefits that would affect the effective tax rate if recognized. The Company believes it is reasonably possible that as much as $0.2 million of its unrecognized tax benefits may be recognized in the next 12 months.

The Board approved a stock repurchase program that permits the Company to repurchase its common stock. During the nine months ended September 30, 2025, the Company repurchased 1.9 million shares for $4.6 million. As of September 30, 2025, the value of shares available to be purchased under the current plan was $0.4 million. Management has discretion in determining the conditions under which shares may be purchased from time to time. See Note 13 to the condensed consolidated financial statements included elsewhere in this report for further information. The Company completed such repurchases during October 2025.

Table of Conte n t s

We anticipate capital expenditures for the fiscal year ending December 31, 2025 to be approximately $7 million to $8 million. We intend to use operating cash flows to fund capital expenditures.

Cyclicality

The labor market and certain of the industries that we serve have historically experienced short-term cyclicality. However, we believe that online career websites and marketplaces continue to provide economic and strategic value to the labor market and industries that we serve.

Any slowdown in recruitment activity that occurs could negatively impact our revenues and results of operations. A decrease in the unemployment rate or a labor shortage, including as a result of an increase in job turnover, generally means that employers (including our customers) are seeking to hire more individuals, which would generally lead to more job postings and database licenses and have a positive impact on our revenues and results of operations. Based on historical trends, improvements in labor markets and the need for our services generally lag behind overall economic improvements. Additionally, there has historically been a lag from the time customers begin to increase purchases of our recruitment services and the impact to our revenues due to the recognition of revenue occurring over the length of the contract, which can be several months to over a year.

From time to time, we see market slowdowns, which can lead to lower demand for recruiting technologists and security cleared professionals. If recruitment activity slows in the industries in which we operate, our revenues and results of operations could be negatively impacted.

Item 3. Quantitative and Qualitative Disclosures about Market Risk

We have exposure to financial market risks, including changes in foreign currency exchange rates, interest rates, and other relevant market prices.

Foreign Exchange Risk

Our operations are conducted within the United States. As a result, our current operations are not subject to foreign exchange risk.

The Company's investment in eFC, as described in note 7 to the condensed consolidated financial statements, which is recorded under the equity method of accounting, subjects the Company to foreign exchange risk because the functional currency of eFC is the British Pound Sterling. Accordingly, the Company must translate its share of eFC's net income into United States dollars. The foreign currency translation related to the Company's share of eFC's net income is not expected to be significant.

Interest Rate Risk

We have interest rate risk primarily related to borrowings under our Credit Agreement. Borrowings under the Credit Agreement denominated in U.S. dollars bear interest, payable at least quarterly, at the Company’s option, at the SOFR or a base rate, plus a margin. Borrowings under the Credit Agreement denominated in pounds sterling, if any, bear interest at the SONIA rate plus a margin. The margin ranges from 2.00% to 2.75% on SOFR and SONIA loans and 1.00% to 1.75% on base rate loans, as determined by our most recent consolidated leverage ratio. As of September 30, 2025, we had outstanding borrowings of $30.0 million under our Credit Agreement. A hypothetical increase of 1.0% on these variable rate borrowings would increase our annual interest expense over the next 12 months by approximately $0.3 million, based on the balances outstanding for these borrowings as of September 30, 2025.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Our management, under supervision and with the participation of our Chief Executive Officer (“CEO”) and our Chief Financial Officer (“CFO”), has conducted an evaluation (pursuant to Rule 13a-15(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) under the Exchange Act) as of the end of the fiscal period covered by this report.

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These disclosure controls and procedures are designed to ensure that information required to be disclosed in our reports that are filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified by the Exchange Act and in the rules and forms of the SEC. These disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that this information is accumulated and communicated to management, including the principal executive and principal financial officers, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure.

Based on such evaluations, our CEO and CFO have concluded that the disclosure controls and procedures are effective to provide reasonable assurance that information required to be disclosed in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified by the SEC, and that such information is accumulated and communicated to management, including the CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Controls

No change in our internal controls over financial reporting (as defined in Rules 13a-15(f) under the Exchange Act) occurred during the quarter ended September 30, 2025 that has materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

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PART II

Item 1. Legal Proceedings

From time to time we may be involved in disputes or litigation relating to claims arising out of our operations. Except as noted in Note 12 of the notes to condensed consolidated financial statements, we are currently not a party to any material pending legal proceedings.

Item 1A. Risk Factors

We have disclosed under the heading “Risk Factors” in our Annual Report on Form 10-K the risk factors which materially affect our business, financial condition or results of operations. Except as set forth below, as of November 10, 2025, there have been no material changes from the risk factors previously disclosed. You should carefully consider the risk factors set forth in the Annual Report on Form 10-K and the other information set forth elsewhere in this Quarterly Report on Form 10-Q. You should be aware that these risk factors and other information may not describe every risk facing our Company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

The ongoing federal government shutdown and potential further funding lapses could have a material adverse effect on our results of operations.

As of the date of this report, the U.S. federal government is in a partial shutdown due to a lapse in congressional appropriations. This shutdown has resulted in furloughs of certain federal employees and the suspension or delay of various government activities, including hiring by various U.S. government agencies and could impact hiring by U.S. government contractors.

Because the value of our business to our customers, and in particular, ClearanceJobs, is dependent in part on hiring by U.S. government agencies and contractors, our business may be directly or indirectly affected by the suspension or delay of federal hiring or hiring suspensions by U.S. government contractors as government activities are suspended. Demand for recruitment packages, job postings or advertisements and for talent acquisition services in general could be materially adversely affected by this or future government shutdowns.

Although prior shutdowns have typically been resolved within a few weeks and their overall economic impacts have been limited, there can be no assurance as to the duration or ultimate effects of the current shutdown or the possibility of additional funding lapses in the future. Management continues to monitor developments closely and to evaluate potential risks and mitigation measures.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Stock Repurchase Plans - Our Board approved a stock repurchase program that permits the Company to repurchase our common stock. Management has discretion in determining the conditions under which shares may be purchased from time to time. The number, price, structure, and timing of the repurchases, if any, will be at our sole discretion and future repurchases will be evaluated by us depending on market conditions, liquidity needs, restrictions under the agreements governing our indebtedness, and other factors. Share repurchases may be made in the open market or in privately negotiated transactions. The repurchase authorization does not oblige us to acquire any particular amount of our common stock. The Board may suspend, modify, or terminate the repurchase program at any time without prior notice.

The following table summarizes the stock repurchase plans approved by the board of directors over the past two years:

February 2025 to October 2025(1)

February 2023 to February 2024(2)

Approval Date

February 2025

February 2023

Authorized Repurchase Amount of Common Stock

$5 million

$10 million

(1) During October 2025, the Company completed the stock repurchase program approved in February 2025, bringing total authorized purchases under the plan to 2.1 million shares for $5.0 million.

(2) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $5.2 million.

Table of Conte n t s

Stock Repurchases Pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated—Under the 2022 Omnibus Equity Award Plan, as Amended and Restated, and as further described in note 13 to the condensed consolidated financial statements, the Company repurchases its common stock withheld for income tax from the vesting of employee restricted stock or Performance-Based Restricted Stock Units (“PSUs”). The Company remits the value, which is based on the closing share price on the vesting date, of the common stock withheld to the appropriate tax authority on behalf of the employee and the related shares become treasury stock.

Stock repurchases during the three months ended September 30, 2025 were as follows:


Period	(a) Total Number of Shares Purchased(1)	(b) Average Price Paid per Share(2)		(c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs(3)	(d) Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
July 1 through July 31, 2025	237,569	$	2.84	176,482	$	2,035,724
August 1 through August 31, 2025	173,423	$	2.57	171,026	$	1,594,941
September 1 through September 30, 2025	393,153	$	2.92	393,153	$	445,099
Total	804,145			740,661	$	—

(1) Total number of shares purchased includes shares withheld to satisfy employee income tax obligations upon the vesting of stock awards.

(2) Average price paid per share for shares purchased as part of a publicly announced plan or program, as applicable, includes costs associated with the repurchases.

(3) Total number of shares purchased as part of publicly announced plans or programs includes shares purchased under our stock repurchase plans described above.

Table of Conte n t s

Item 5. Other Information

During the three month period ended September 30, 2025, no director or officer of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulations S-K.

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Item 6. Exhibits


3.1						Amended and Restated Certificate of Incorporation (incorporated by reference from Exhibit 3.1 to the Company's Current Report on Form 8-K (File No. 001-33584) filed on July 23, 2007).
3.2						Second Amended and Restated By-laws (incorporated by reference from Exhibit 3.1 to the Company's Current Report on Form 8-K (File No. 001-33584) filed on March 9, 2016).
3.3						Certificate of Amendment to the Amended and Restated Certificate of Incorporation, effective April 21, 2015 (incorporated by reference from Exhibit 3.1 to Company's Current Report on Form 8-K (File No. 001-33584) filed on April 21, 2015).
3.4						Certificate of Designation of Rights, Preferences and Privileges of Series 1 Participating Preferred Stock (incorporated by reference to Exhibit 3.1 of the Company's Current Report on Form 8-K filed on January 8, 2025).
4.1						Specimen Stock Certificate (incorporated by reference from Exhibit 4.1 to Amendment No. 4 to the Company's Registration Statement on Form S-1 (File No. 333-141876) filed on June 22, 2007).
4.2						Section 382 Rights Agreement dated as of January 28, 2025 by and between DHI Group, Inc. and Computershare Trust Company, N.A. as rights agent (incorporating by reference to Exhibit 4.1 of the Company's Current Report on From 8-K filed on January 28, 2025.
31.1*						Certifications of Art Zeile, Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*						Certifications of Greg Schippers, Chief Financial Officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1**						Certifications of Art Zeile, Chief Executive Officer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2**						Certifications of Greg Schippers, Chief Financial Officer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS						XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH						XBRL Taxonomy Extension Schema Document.
101.CAL						XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF						XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB						XBRL Taxonomy Extension Label Linkbase Document.
101.PRE						XBRL Taxonomy Extension Presentation Linkbase Document.
104						Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

_______________


*						Filed herewith.
**						Furnished herewith

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

November 10, 2025

DHI Group, Inc.

Registrant

By:

/S/ Art Zeile

Art Zeile
President, Chief Executive Officer

(Principal Executive Officer)

By:

/S/ Greg Schippers

Greg Schippers, Chief Financial Officer

(Principal Financial Officer)

EXHIBIT 31.1

CEO CERTIFICATION

PURSUANT TO SECTION 302 OF THE

SARBANES – OXLEY ACT OF 2002

I, Art Zeile, certify that:

1. I have reviewed this quarterly report on Form 10-Q of DHI Group, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; and

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; and

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 10, 2025

By: /s/ Art Zeile

Art Zeile

Chief Executive Officer

DHI Group, Inc.

EXHIBIT 31.2

CFO CERTIFICATION

PURSUANT TO SECTION 302 OF THE

SARBANES – OXLEY ACT OF 2002

I, Greg Schippers, certify that:

1. I have reviewed this quarterly report on Form 10-Q of DHI Group, Inc.;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: November 10, 2025

By: /s/ Greg Schippers

Greg Schippers

Chief Financial Officer

DHI Group, Inc.

EXHIBIT 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of DHI Group, Inc. (the “Company”) on Form 10-Q for the period ending September 30, 2025 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Art Zeile, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

November 10, 2025

/s/ Art Zeile

Art Zeile

Chief Executive Officer

DHI Group, Inc.

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of DHI Group, Inc. (the “Company”) on Form 10-Q for the period ending September 30, 2025 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Greg Schippers, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

November 10, 2025

/s/ Greg Schippers

Greg Schippers

Chief Financial Officer

DHI Group, Inc.

v3.25.3

DOCUMENT AND ENTITY INFORMATION - shares
9 Months Ended

Sep. 30, 2025

Oct. 31, 2025

Document Information [Line Items]

Document Type 10-Q

Document Quarterly Report true

Document Transition Report false

Document Period End Date Sep. 30, 2025

Entity Registrant Name DHI Group, Inc.

Entity Current Reporting Status Yes

Entity Filer Category Accelerated Filer

Entity Emerging Growth Company false

Entity Shell Company false

Entity Small Business true

Entity Common Stock, Shares Outstanding 47,157,027

Entity File Number 001-33584

Entity Tax Identification Number 20-3179218

Entity Address, Address Line One 6465 South Greenwood Plaza

Entity Address, City or Town Centennial

Entity Address, State or Province CO

Entity Address, Postal Zip Code 80111

Local Phone Number 978-3737

Entity Interactive Data Current Yes

City Area Code 515

Entity Central Index Key 0001393883

Current Fiscal Year End Date --12-31

Document Fiscal Year Focus 2025

Document Fiscal Period Focus Q3

Amendment Flag false

Entity Address, Address Line Two Suite 400

Entity Incorporation, State or Country Code DE

Common Stock

Document Information [Line Items]

Title of 12(b) Security Common Stock, par value $0.01 per share

Trading Symbol DHX

Security Exchange Name NYSE

Preferred Stock Purchase Rights

Document Information [Line Items]

Title of 12(b) Security Preferred Stock Purchase Rights

v3.25.3

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands

Sep. 30, 2025

Dec. 31, 2024

Current assets

Cash $ 2,296 $ 3,702

Accounts receivable, net of allowance for credit losses of $1,312 and $1,691 16,102 22,120

Income Taxes Receivable 1,937 238

Prepaid and other current assets 3,590 3,593

Total current assets 23,925 29,653

Fixed assets, net 14,918 20,390

Acquired intangible assets, net 15,674 23,800

Capitalized contract costs 6,867 7,465

Goodwill 120,612 128,100

Operating lease right-of-use-assets (as reported) 5,772 6,518

Other assets 2,786 3,618

Equity Method Investments 1,922 1,827

Total assets 192,476 221,371

Current liabilities

Accounts payable and accrued expenses 13,474 16,154

Operating lease liabilities - current 1,732 1,625

Deferred revenue 40,714 44,934

Total current liabilities 55,920 62,713

Long-term debt, net 30,000 32,000

Deferred Revenue, Noncurrent 268 522

Accrual for unrecognized tax benefits 751 1,060

Deferred Tax Liabilities, Tax Deferred Income 182 1,369

Operating lease liabilities - non-current (as reported) 7,757 8,995

Other long-term liabilities 321 387

Total liabilities 95,199 107,046

Stockholders equity

Common stock, $.01 par value, authorized 240,000; issued: 82,581 and 80,881 shares, respectively; outstanding: 47,350 and 48,217 shares, respectively 828 811

Additional paid-in capital 274,097 270,122

Accumulated other comprehensive loss 8 1

Accumulated earnings 17,620 32,481

Treasury stock, 35,231 and 32,664 shares, respectively (195,276) (189,090)

Total stockholders' equity 97,277 114,325

Total liabilities and stockholders’ equity $ 192,476 221,371

Preferred Stock, Par or Stated Value Per Share $ 0.01

Preferred Stock, Shares Authorized 20,000,000

Preferred Stock, Shares Outstanding 0

Convertible Preferred Stock

Stockholders equity

Convertible preferred stock, $.01 par value, authorized 20,000 shares; no shares issued and outstanding $ 0 $ 0

Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01

Preferred Stock, Shares Authorized 20,000,000 20,000,000

Preferred Stock, Shares Outstanding 0 0

Series 1 Participating Preferred Stock

Stockholders equity

Convertible preferred stock, $.01 par value, authorized 20,000 shares; no shares issued and outstanding $ 0 $ 0

Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01

Preferred Stock, Shares Authorized 240,000 240,000

Preferred Stock, Shares Outstanding 0 0

v3.25.3

Statement of Income (Statement) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Income Statement [Abstract]

Revenue $ 32,123,000 $ 35,283,000 $ 96,451,000 $ 107,141,000

Operating expenses:

Cost of revenue 4,589,000 5,068,000 15,069,000 15,145,000

Product development 2,877,000 4,776,000 9,857,000 14,303,000

Sales and marketing 9,082,000 11,585,000 30,751,000 36,302,000

General and administrative 6,974,000 7,574,000 20,688,000 22,097,000

Depreciation on continuing operations 3,362,000 4,542,000 11,107,000 13,584,000

Amortization 126,000 0 126,000 0

Restructuring 0 1,111,000 6,486,000 1,111,000

Impairment of Intangible Assets (Excluding Goodwill) 9,600,000 0 9,600,000 0

Total operating expenses 36,610,000 34,656,000 111,484,000 102,542,000

Operating income (loss) (4,487,000) 627,000 (15,033,000) 4,599,000

Interest expense and other 614,000 755,000 1,893,000 2,546,000

Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount 60,000 23,000 87,000 325,000

Gain (Loss) on Investments 0 0 0 (400,000)

Impairment of goodwill 0 0 7,800,000 0

Income (loss) before income taxes (5,041,000) (105,000) (16,839,000) 1,978,000

Income tax expense (benefit) (772,000) 95,000 (1,978,000) 2,747,000

Net loss $ (4,269,000) $ (200,000) $ (14,861,000) $ (769,000)

Basic earnings (loss) per share (in dollars per share) $ (0.10) $ 0 $ (0.33) $ (0.02)

Diluted earnings (loss) per share (in dollars per share) $ (0.10) $ 0 $ (0.33) $ (0.02)

Weighted average basic shares outstanding 44,823 44,873 45,224 44,550

Weighted average diluted shares outstanding 44,823 44,873 45,224 44,550

v3.25.3

Consolidated Statements of Comprehensive Income (Loss) Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Statement of Comprehensive Income [Abstract]

Net loss $ (4,269) $ (200) $ (14,861) $ (769)

Foreign currency translation adjustment 22 30 7 83

Comprehensive loss $ (4,247) $ (170) $ (14,854) $ (686)

v3.25.3

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Mar. 31, 2024

Sep. 30, 2025

Sep. 30, 2025

Sep. 30, 2024

Cash flows from operating activities:

Net loss $ (4,269,000) $ (200,000) $ (14,861,000) $ (769,000)

Adjustments to reconcile net income to net cash flows from operating activities:

Depreciation 11,107,000 13,584,000

Amortization 126,000 0 126,000 0

Deferred income taxes (1,187,000) (350,000)

Amortization of deferred financing costs 109,000 109,000

Stock-based compensation 3,911,000 6,118,000

Income from equity method investment (87,000) (325,000)

Change in accrual for unrecognized tax benefits (309,000) 174,000

Impairment on investment 300,000 $ 400,000 0 400,000

Impairment of Intangible Assets (Excluding Goodwill) 9,600,000 0 9,600,000 0

Impairment of goodwill 0 0 7,800,000 $ 7,800,000 0

Changes in operating assets and liabilities:

Accounts receivable 6,018,000 2,572,000

Prepaid expenses and other assets 726,000 489,000

Capitalized contract costs 598,000 (714,000)

Accounts payable and accrued expenses (3,048,000) (1,808,000)

Income taxes receivable/payable (1,699,000) (96,000)

Deferred revenue (4,475,000) (3,058,000)

Other, net (452,000) 350,000

Net cash flows from operating activities 13,877,000 16,676,000

Payments to Acquire Businesses, Net of Cash Acquired (1,400,000) 0

Cash flows from (used in) investing activities:

Purchases of fixed assets (5,778,000) (11,146,000)

Net cash flows used in investing activities (7,178,000) (11,146,000)

Cash flows from (used in) financing activities:

Payments on long-term debt (8,000,000) (19,000,000)

Proceeds from long-term debt 6,000,000 13,000,000

Payments under stock repurchase plan (4,517,000) 0

Purchase of treasury stock related to taxes on vested restricted and performance stock units (1,669,000) (1,808,000)

Proceeds from Issuance of Common Stock 81,000 145,000

Net cash flows used in financing activities (8,105,000) (7,663,000)

Net change in cash for the period (1,406,000) (2,133,000)

Cash, beginning of period $ 4,206,000 3,702,000 4,206,000

Cash, end of period $ 2,296,000 $ 2,073,000 $ 2,296,000 $ 2,296,000 $ 2,073,000

v3.25.3

ORGANIZATION AND PRINCIPAL ACTIVITIES (Notes)
9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] BASIS OF PRESENTATION
The accompanying unaudited condensed consolidated financial statements of DHI Group, Inc. (“DHI” or the “Company” or "we," "our" or "us") have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and disclosures normally included in annual audited consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) have been omitted and condensed pursuant to such rules and regulations. In the opinion of the Company’s management, all adjustments have been made to present fairly the financial position, results of operations and cash flows of the Company for the periods presented. Although the Company believes that the disclosures are adequate to make the information presented not misleading, these financial statements should be read in conjunction with the Company’s audited consolidated financial statements as of and for the year ended December 31, 2024 included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report on Form 10-K”). Operating results for the three and nine-month periods ended September 30, 2025 are not necessarily indicative of the results to be achieved for the full year or any other future period.

Preparation of the condensed consolidated 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 at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the period. Management believes the most complex and sensitive judgments, because of their significance to the condensed consolidated financial statements, result primarily from the need to make estimates about the effects of matters that are inherently uncertain. Actual results could differ materially from management’s estimates reported in the condensed consolidated financial statements and footnotes thereto. There have been no significant changes in the Company’s assumptions regarding critical accounting estimates during the three and nine-month periods ended September 30, 2025.

v3.25.3

SIGNIFCANT ACCOUNTING POLICIES (Notes)
9 Months Ended

Sep. 30, 2025

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]
2. NEW ACCOUNTING STANDARDS

In December 2023, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") 2023-09, Improvements to Income Tax Disclosures. The new accounting standard requires more detailed disclosures regarding the effective tax rate reconciliation and income taxes paid. The standard is effective for annual reporting periods beginning after December 15, 2024, and may be applied on either a prospective or retrospective basis, with early adoption permitted. We are currently evaluating the effect of the standard on the Company's financial statement disclosures.

In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) ("ASU 2024-03"). ASU 2024-03 will require companies to disaggregate, within the notes to the financial statements, certain expenses presented on the face of the financial statements to enhance transparency and help investors better understand an entity's performance. The amendment will specifically require that an entity disclose the amounts related to purchases of inventory, employee compensation, depreciation and intangible asset amortization. Entities will also be required to provide a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, disclose the total amount of selling expenses and, in annual reporting periods, provide a definition of what constitutes selling expenses. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2024-03 on the Company’s financial statement disclosures.

In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software ("ASU 2025-06"). ASU 2025-06 addresses stakeholder and investor concerns on the challenges of applying current internal-use software accounting requirements that do not specifically address software developed using modern incremental and iterative methods, which has led to diversity in practice in determining when to begin capitalizing software costs. ASU 2025-06 requires software costs to be capitalized when management has authorized or committed to funding the software project, and it is probable that the project will be completed and software will be used to perform the function intended. The amendment removes all references to project development stages so that guidance is neutral to different software development methods. The amendments in ASU 2025-06 are effective for annual and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2025-06 on the Company's financial statement disclosures.

v3.25.3

FAIR VALUE MEASUREMENTS
9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements FAIR VALUE MEASUREMENTS
The FASB Accounting Standards Codification ("ASC") topic on Fair Value Measurements and Disclosures defines fair value, establishes a framework for measuring fair value and requires certain disclosures for each major asset and liability category measured at fair value on either a recurring or nonrecurring basis. As a basis for considering assumptions, a three-tier fair value hierarchy is used, which prioritizes the inputs used in measuring fair value as follows:

•Level 1 – Quoted prices for identical instruments in active markets.
•Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets.
•Level 3 – Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

The carrying amounts reported in the condensed consolidated balance sheets for cash, accounts receivable, other assets, accounts payable and accrued expenses and long-term debt approximate their fair values. The estimated fair value of long-term debt is based on Level 2 inputs.

Certain assets and liabilities are measured at fair value on a non-recurring basis as they are subject to fair value adjustments in certain circumstances, for example, when there is evidence of impairment. Such instruments are not measured at fair value on an ongoing basis. These assets include equity investments, operating lease right-of-use assets, and goodwill and intangible assets which resulted from prior acquisitions. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable.

v3.25.3

Revenue Recognition (Notes)
9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Revenue Recognition REVENUE RECOGNITION
The Company recognizes revenue when control of the promised goods or services is transferred to our customers at an amount that reflects the consideration that we expect to receive in exchange for those goods or services. Revenue is recognized net of customer discounts ratably over the service period. Customer billings delivered in advance of services being rendered are recorded as deferred revenue and recognized over the service period. The Company generates revenue from recruitment packages, advertising, classifieds, and virtual and live career fair and recruitment event booth rentals.

Disaggregation of Revenue

Our brands primarily serve the technology and security cleared professions. The following table provides information about disaggregated revenue by brand and includes a reconciliation of the disaggregated revenue (in thousands):

Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
ClearanceJobs $ 13,937 $ 13,842 $ 40,940 $ 40,375
Dice 18,186 21,441 55,511 66,766
Total(1)
$ 32,123 $ 35,283 $ 96,451 $ 107,141
(1) Prior to the fourth quarter of 2024, we had disclosed that career events were recorded within Dice. Career events have been reclassified between ClearanceJobs and Dice based on the nature of the event for the periods ended September 30, 2025 and 2024.

Contract Balances

The following table provides information about opening and closing balances of receivables and contract liabilities from contracts with customers as required under ASC Topic 606 - Revenue from Contracts with Customers (in thousands):
As of September 30, 2025 As of December 31, 2024
Receivables $ 16,102 $ 22,120
Short-term contract liabilities (deferred revenue) 40,714 44,934
Long-term contract liabilities (deferred revenue) 268 522

We receive payments from customers based upon contractual billing schedules; accounts receivable are recorded when customers are invoiced per the contractual billings schedules. As the Company's standard payment terms are less than one year, the Company elected the practical expedient, where applicable. As a result, the Company does not consider the effects of a significant financing component. Contract liabilities include customer billings delivered in advance of performance under the contract, and associated revenue is realized when services are rendered under the contract.

Receivables increase due to customer billings and decrease by cash collected from customers. Contract liabilities increase due to customer billings and are decreased as performance obligations are satisfied under the contracts.

The Company recognized the following revenue as a result of changes in the contract liability balances in the respective periods (in thousands):
Three Months Ended Nine Months Ended
September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Revenue recognized in the period from:
Amounts included in the contract liability at the beginning of the period $ 23,990 $ 26,882 $ 42,047 $ 45,444

The following table includes estimated deferred revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):

Remainder of 2025 2026 2027 2028 Total
Deferred revenue $ 23,814 $ 17,024 $ 130 $ 14 $ 40,982

Credit Losses

The Company is exposed to credit losses through the inability of its customers to make required payments on accounts receivable. The Company segments accounts receivable based on credit risk characteristics and estimates future losses for each segment based on historical trends and current market conditions, as applicable. Expected losses on accounts receivable are recorded as allowance for doubtful accounts in the condensed consolidated balance sheets and as an expense in the condensed consolidated statement of operations. The portion of accounts receivable that is reflected as deferred revenue in the condensed consolidated balance sheets is not considered at risk for credit losses. If the financial condition of DHI’s customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

v3.25.3

RESTRUCTURE COSTS
9 Months Ended

Sep. 30, 2025

Restructuring and Related Activities [Abstract]

RESTRUCTURE COSTS
5. RESTRUCTURING

In July 2024, the Company announced an organizational restructuring intended to streamline its operations, drive business objectives, and reduce operating costs. This included a reduction of the Company’s then-current workforce by approximately 7%. As a result of the restructuring, the Company recognized a charge of $1.1 million during the year ended December 31, 2024. All severance costs related to the July 2024 restructuring were paid during the year ended December 31, 2024.

In January 2025, the Company announced an additional organizational restructuring intended to separate its two brands, ClearanceJobs and Dice, into distinct divisions, provide dedicated leadership for each brand to foster a unified vision and strategy tailored to each brands' market dynamics, and to reduce operating costs. This restructuring included a reduction of the Company’s then-current workforce by approximately 8%. As a result of the restructuring, the Company recognized a charge of $2.3 million during the first quarter of 2025 related to employee severance costs, of which substantially all was paid during the nine months ended September 30, 2025.
In June 2025, the Company announced an additional organizational restructuring intended to reduce the operating costs of its Dice brand. This included a reduction of the Company’s then current workforce by approximately 25% primarily by reducing headcount within the Company's Dice brand and associated back-office support. As a result of the restructuring, the Company recognized a charge of $4.2 million during the second quarter of 2025 related to severance costs, of which $2.5 million and $2.7 million was paid during the three and nine months ended September 30, 2025, respectively. The remaining severance costs are expected to be substantially paid by March 31, 2026.

v3.25.3

LEASES
9 Months Ended

Sep. 30, 2025

Leases [Abstract]

LEASES LEASES
The Company has operating leases for corporate office space and certain equipment. The leases have original terms from one year to ten years, some of which include options to renew the lease, and are included in the lease term when it is reasonably certain that the Company will exercise the option. No leases include options to purchase the leased property. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. We do not have any lease agreements with related parties.

The components of lease cost were as follows (in thousands):

For the Three Months Ended September 30, For the Nine Months Ended September 30,
2025 2024 2025 2024
Operating lease cost(1)
$ 431 $ 419 $ 1,274 $ 1,255
Sublease income $ — $ (20) $ — $ (50)
Total lease cost $ 431 $ 399 $ 1,274 $ 1,205
(1) Includes short-term lease costs and variable lease costs, which are immaterial.

Supplemental cash flow information related to leases was as follows (in thousands):

For the Nine Months Ended September 30,
2025 2024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases $ 1,658 $ 1,110
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 119 $ 2,930

Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount):

September 30, 2025 December 31, 2024
Operating lease right-of-use-assets (as reported) $ 5,772 $ 6,518
Operating lease liabilities - current (as reported) 1,732 1,625
Operating lease liabilities - non-current (as reported) 7,757 8,995
Total operating lease liabilities $ 9,489 $ 10,620
Weighted Average Remaining Lease Term (in years)
Operating leases 7.0 years 7.4 years
Weighted Average Discount Rate
Operating leases 5.7 % 5.5 %

The Company reviews its right-of-use ("ROU") assets for impairment if indicators of impairment exist. If impairment indicators exist, we compare the fair value of the ROU asset to its carrying value. If the carrying value exceeds the fair value, an
impairment loss is recorded. No impairment was recorded during the three and nine-month periods ended September 30, 2025 and 2024.

As of September 30, 2025, future operating lease payments were as follows (in thousands):

Operating Leases
Oct 1, 2025 through December 31, 2025 $ 556
2026 2,239
2027 1,359
2028 1,304
2029 1,333
2030 and thereafter 4,858
Total lease payments $ 11,649
Less: imputed interest (2,160)
Total $ 9,489
As of September 30, 2025 the Company has no operating or finance leases that have not yet commenced.

v3.25.3

INVESTMENTS (Notes)
9 Months Ended

Sep. 30, 2025

Investments [Abstract]

Investment
eFinancialCareers

During the third quarter of 2023, the Company sold a portion of its ownership in eFinancialCareers ("eFC") reducing its total interest in eFC from 40% to 10%. As a result of the sale, the Company received cash of $4.9 million and recognized a $0.6 million gain, which included a $0.2 million charge related to accumulated foreign currency loss that was previously a reduction to equity. The Company's investment in eFC was recorded at $1.9 million at September 30, 2025 and at $1.8 million at December 31, 2024.

eFC is a financial services careers website, operating websites in multiple markets in four languages mainly across the United Kingdom, Continental Europe, Asia, the Middle East and North America. Professionals from across many sectors of the financial services industry, including asset management, risk management, investment banking, and information technology, use eFC to advance their careers. The Company has evaluated its common share interest in the eFC business and has determined the investment meets the definition and criteria of a variable interest entity ("VIE"). The Company evaluated the VIE and determined that the Company does not have a controlling financial interest in the VIE, as the Company does not have the power to direct the activities of the VIE that most significantly impact the VIE's economic performance. The common share interest is being accounted for under the equity method of accounting as the Company has the ability to exercise significant influence over eFC. The investment was recorded at its fair value on June 30, 2021, the date of transfer, which was $3.6 million. The Company's equity in the net assets of eFC as of June 30, 2021 was $2.2 million. The difference between the Company's recorded value and its equity in net assets of eFC was reduced during the third quarter of 2023, as described above, as the Company reduced its ownership in eFC. The remaining basis difference at the time of sale was $0.3 million and is being amortized against the recorded value of the investment in accordance with ASC 323 Investments - Equity Method and Joint Ventures. Amortization expense during the three and nine-month periods ended September 30, 2025 and 2024 was not significant. The recorded value is further adjusted based on the Company's proportionate share of eFC's net income and is recorded three months in arrears. The Company recorded income related to its proportionate share of eFC's net income, net of currency translation adjustments and amortization of the basis difference of $0.1 million for each of the three and nine-month periods ended September 30, 2025 and of approximately zero and $0.3 million for the three and nine-month periods ended September 30, 2024, respectively.

Other

During 2021, the Company invested $3.0 million through a subordinated convertible promissory note (the "Note") with a values-based career destination company that allows the next generation workforce to search for jobs at companies whose people, perks and values align with their unique professional needs. The investment was recorded as a trading security at fair value and was recorded at $3.0 million as of December 31, 2021.
In the third quarter of 2022, the Note was converted into preferred shares representing 4.9% of the outstanding equity in the underlying business, on a fully-diluted basis. The Company's preferred shares were substantially similar to shares purchased by a third party investor that resulted in such investor becoming the majority owner of the business. Therefore the Company's shares in the business were recorded at fair value based on the price per share realized in the conversion. The value of the Company's investment was $0.7 million as of December 31, 2022 and was recorded as an investment in the consolidated balance sheet.

During the third quarter of 2023, the investment's financial position deteriorated. To meet its financial obligations, the investment issued convertible debt at a price that indicated the value of the investment had declined. As a result, the Company revalued its investment to $0.4 million and accordingly, recognized an impairment loss of $0.3 million during the third quarter of 2023.

During the first quarter of 2024, the investment's financial position further deteriorated. To meet its financial obligations, the investment issued additional convertible debt at a price that indicated the value of the investment had declined and which brought the Company's ownership of the investment, on a fully diluted basis, to less than 0.10%. As a result, the Company revalued its investment to zero and accordingly, recognized an impairment loss of $0.4 million during the first quarter of 2024.

During the third quarter of 2025, the third party investor sold the assets of the business with no proceeds allocated to the preferred and common shareholders, including the Company.

At September 30, 2025, the Company held preferred stock representing a 6.6% interest in the fully diluted shares of a tech skills assessment company. The investment is recorded at zero as of September 30, 2025 and December 31, 2024. The Company recorded no gain or loss related to the investment during the three and nine-month periods ended September 30, 2025 and 2024.

v3.25.3

BUSINESS COMBINATION
9 Months Ended

Sep. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

BUSINESS COMBINATION BUSINESS COMBINATION
On July 31, 2025, the Company's ClearanceJobs reportable segment acquired AgileATS, a leading applicant tracking system (ATS) purpose-built for government contractors and employers hiring security-cleared professionals. The Company acquired certain assets, including AgileATS' ATS technology, and assumed certain liabilities of AgileATS. The acquisition qualified as a business combination in accordance with ASC Topic 805, Business Combinations and, accordingly, total consideration was first allocated to the fair value of assets acquired as of the date of acquisition, including liabilities assumed, with the excess being recorded as goodwill. For financial reporting purposes, goodwill is not amortized but rather evaluated for impairment as discussed in Note 10. For income taxes, the recorded goodwill will be amortized over 15 years.

The Company acquired definite lived intangible assets related to the ATS technology and AgileATS tradename. The technology was valued using the cost to recreate method. This approach estimates the cost the Company would incur to develop a technology of comparable functionality. The cost was adjusted for obsolescence based on the age of the software code, lack of recent investment, and estimated remaining life. The AgileATS tradename was valued using the relief from royalty method. This method estimates fair value based on the present value of the royalty payments that would have been incurred if the Company had to license the asset, in an arm's length transaction. The valuation was based on revenue assumptions through December 31, 2030, a hypothetical royalty rate of 3.0%, income taxes of 25.3%, and a discount rate of 34.0%. The Company has assigned an estimated useful life of two years to the ATS technology and the ATS tradename. Amortization expense for these intangible assets is recorded in amortization expense on the condensed consolidated statements of operations.

The recorded purchase price includes an estimation of the fair value of contingent obligations associated with potential earnout provisions, which is based on achieving certain new customer relationship targets. Any subsequent changes in the fair value of contingent earnout liabilities will be recorded in the consolidated statement of operations when incurred.

Acquisition related costs of $0.2 million incurred in connection with the transaction are recorded in general and administrative expenses on the condensed consolidated statements of operations.

The table below provides a summary of the total consideration and the purchase price allocation made for the AgileATS business combination (in thousands):
Amount
Purchase price consideration
   Cash consideration paid $ 1,400
   Fair value of contingent earnout consideration(1)(2)
497
Total purchase price consideration $ 1,897
Less: Assets acquired
   Intangible asset - AgileATS technology $ 1,510
   Intangible asset - Tradename 90
Total assets acquired 1,600
Plus: Net working capital assumed(3)
15
Goodwill(4)
$ 312
(1) Includes a $0.5 million contingent earnout consideration, discounted to $0.4 million based on the probability of being achieved and a present value factor. The contingent earnout consideration must be achieved no later than July 31, 2027.
(2) Includes a $0.1 million purchase price consideration holdback, which is payable in the third quarter of 2026, net of any contingency related items, as described in the Asset Purchase Agreement.
(3) Includes approximately $2,000 of receivables and $17,000 of liabilities.
(4) Calculated by taking the total purchase price consideration less the net assets acquired and liabilities assumed.

v3.25.3

ACQUIRED INTANGIBLE ASSETS, NET
9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure ACQUIRED INTANGIBLE ASSETS, NET
Dice Trademarks and Brand Name

As of September 30, 2025 and December 31, 2024 the Company had an indefinite-lived acquired intangible asset of $14.2 million and $23.8 million, respectively, related to the Dice trademarks and brand name. Considering the recognition of the Dice brand, its long history, awareness in the talent acquisition and staffing services market, and the intended use, the remaining useful life of the Dice trademarks and brand name was determined to be indefinite. We determine whether the carrying value of recorded indefinite-lived acquired intangible assets is impaired on an annual basis or more frequently if indicators of potential impairment exist. The annual impairment test for the Dice trademarks and brand name is performed on October 1 of each year. The impairment review process compares the fair value of the indefinite-lived acquired intangible assets to its carrying value. If the carrying value exceeds the fair value, an impairment loss is recorded.

The determination of whether or not indefinite-lived acquired intangible assets have become impaired involves a significant level of judgment in the assumptions underlying the approach used to determine the value of the indefinite-lived acquired intangible assets. Fair values are determined using a relief from royalty rate methodology which estimates the value of the trademarks and brand name based on the amount of royalty income it could generate if it was licensed, in an arm's length transaction, to a third party. We consider factors such as historical performance, anticipated market conditions, operating expense trends and capital expenditure requirements. Changes in our strategy and/or changes in market conditions could significantly impact these judgments and require adjustments to recorded amounts of intangible assets. If projections are not achieved, the Company could realize an impairment in the foreseeable future.

During the third quarter of 2025, because of the continuing impacts of tariffs, Department of Government Efficiency Workforce Optimization initiative (DOGE), and artificial intelligence (AI) models lowering the demand for technology professionals, when combined with the demand impacts of uncertainty surrounding the U.S. federal budget in the third quarter, and the subsequent shut-down of the U.S. government, the Company recorded an impairment charge of $9.6 million, reducing the carrying value of the Dice trademarks and brand name to $14.2 million. No impairment was recorded during the three and nine-month periods ended September 30, 2024.

The projections utilized in the October 1, 2025 analysis included lower revenues in the near term due to tariffs, DOGE initiatives, AI, and uncertainty surrounding the U.S. government budget and then increasing revenues at rates approximating
industry growth projections. The Company’s ability to achieve these revenue projections may be impacted by, among other things, uncertainty related to demand for technology professionals, competition in the technology recruiting market, challenges in developing and introducing new products and product enhancements to the market and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the Dice trademarks and brand name are not achieved, the Company could realize an impairment in a future period.

AgileATS Technology

As discussed in Note 8, the Company recorded a $1.5 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS technology. The intangible asset is being amortized over its estimated remaining useful life of two years. During each of the three and nine month-periods ended September 30, 2025, the Company recorded $0.1 million of amortization expense associated with the AgileATS technology. The carrying amount at September 30, 2025 was $1.4 million.

AgileATS Tradename

As discussed in Note 8, the Company recorded a $0.1 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS tradename. The intangible asset is being amortized over its estimated remaining useful life of two years. Amortization expense during the three and nine month-periods ended September 30, 2025 was insignificant. The carrying amount at September 30, 2025 was $0.1 million.

v3.25.3

GOODWILL
9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill GOODWILL
Goodwill as of September 30, 2025 and December 31, 2024, was $120.6 million and $128.1 million, respectively. During the first quarter of 2025, in connection with the organizational restructuring, which is further described in Note 5, the Company performed an interim impairment test of the Tech-focused reporting unit immediately prior to the restructuring, then allocated its goodwill into the two new reporting units, ClearanceJobs and Dice, based the relative fair value of each reporting unit, and finally tested each reporting unit's goodwill for impairment.

The interim impairment test performed immediately prior to the organizational restructuring indicated that the fair value of the Tech-focused reporting unit was substantially in excess of the carrying value as of the date of the organizational restructuring.

The prior Tech-focused reporting unit's goodwill of $128.1 million was allocated to ClearanceJobs and Dice based on their relative fair values, which resulted in goodwill for ClearanceJobs and Dice of $97.4 million and $30.7 million, respectively.

The impairment test performed immediately after the allocation for the ClearanceJobs reporting unit indicated that the fair value was substantially in excess of the carrying value as of the date of the organizational restructuring. The impairment test performed immediately after the allocation for the Dice reporting unit resulted in the Company recording an impairment charge of $7.8 million during the three month period ended March 31, 2025.

The Dice projections utilized in the organizational restructuring impairment test included increasing revenues at rates approximating industry growth projections. The Company’s ability to achieve these revenue projections may be impacted by, among other things, demand for technology professionals, competition in the technology recruiting market, challenges in developing and introducing new products and product enhancements to the market and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the Dice reporting unit are not achieved, the Company could realize an impairment in a future period. It is reasonably possible that changes in judgments, assumptions and estimates the Company made in assessing the fair value of goodwill could cause the Company to consider some portion or all of the goodwill of the Dice reporting unit to become impaired. In addition, a future decline in the overall market conditions, demand for technology professionals, and/or changes in the Company’s market share could negatively impact the estimated future cash flows and discount rates used to determine the fair value of the reporting unit and could result in an impairment charge in the foreseeable future.

As discussed in Note 8, the Company recorded additional goodwill in the ClearanceJobs reporting unit during the third quarter of 2025 of $0.3 million related to its acquisition of AgileATS.

The annual impairment test for the ClearanceJobs and Dice reporting units are performed on October 1 of each year. The Company’s ability to achieve the projections used in the annual impairment tests may be impacted by, among other things, general market conditions, competition in the technology recruiting market, challenges in developing and introducing new
products and product enhancements to the market, and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the ClearanceJobs and Dice reporting units are not achieved, the Company could realize an impairment in a future period.

The annual impairment test for the ClearanceJobs and Dice reporting units performed as of October 1, 2025 resulted in the fair value of the reporting units being in excess of each respective carrying value. As a result, the Company believes it is not more likely than not that the fair value of each reporting unit is less than each respective carrying value as of September 30, 2025. Therefore, no impairment was recorded during the three month period ended September 30, 2025 and the three and nine month periods ended September 30, 2024.

The changes in the carrying amount of goodwill by segment were as follows (in thousands):

Tech-focused ClearanceJobs Dice Total
Goodwill at December 31, 2024 $ 128,100 $ — $ — $ 128,100
Segment Change (128,100) 97,431 30,669 —
Goodwill at January 13, 2025(1)
$ — $ 97,431 $ 30,669 $ 128,100
Impairment — — (7,800) (7,800)
Business combination(2)
— 312 — 312
Goodwill at September 30, 2025 $ — $ 97,743 $ 22,869 $ 120,612
(1) Date of organizational restructuring.
(2) Represents goodwill recognized through the acquisition of AgileATS on July 31, 2025. See Note 8 for further discussion.

v3.25.3

INDEBTEDNESS
9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Debt Disclosure INDEBTEDNESS
Credit Agreement—In June 2022, the Company, together with Dice Inc. (a wholly-owned subsidiary of the Company) and its wholly-owned subsidiary, Dice Career Solutions, Inc. (collectively, the “Borrowers”), entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”), which matures in June 2027. The Credit Agreement provides for a revolving loan facility of $100 million, with an expansion option of $50 million, bringing the total facility to $150 million, as permitted under the terms of the Credit Agreement.

Borrowings under the Credit Agreement denominated in U.S. dollars bear interest, payable at least quarterly, at the Company’s option, at the Secured Overnight Financing Rate ("SOFR") or a base rate plus a margin. Borrowings under the Credit Agreement denominated in pounds sterling, if any, bear interest at the Sterling Overnight Index Average ("SONIA") rate plus a margin. The margin ranges from 2.00% to 2.75% on SOFR and SONIA loans and 1.00% to 1.75% on base rate loans, determined by the Company’s most recent consolidated leverage ratio, plus an additional spread of 0.10%. The Company incurs a commitment fee ranging from 0.35% to 0.50% on any unused capacity under the revolving loan facility, determined by the Company’s most recent consolidated leverage ratio. All borrowings as of September 30, 2025 and December 31, 2024 were in U.S. dollars. The facility may be prepaid at any time without penalty.

The Credit Agreement contains various affirmative and negative covenants and also contains certain financial covenants, including a consolidated leverage ratio and a consolidated interest coverage ratio. Borrowings are allowed under the Credit Agreement to the extent the consolidated leverage ratio is equal to or less than 2.50 to 1.00, subject to the terms of the Credit Agreement. Negative covenants include restrictions on incurring certain liens; making certain payments, such as stock repurchases and dividend payments; making certain investments; making certain acquisitions; making certain dispositions; and incurring additional indebtedness. Restricted payments are allowed under the Credit Agreement to the extent the consolidated leverage ratio, calculated on a pro forma basis, is equal to or less than 2.00 to 1.00, plus an additional $7.5 million of restricted payments each fiscal year, as described in the Credit Agreement. The Credit Agreement also provides that the payment of obligations may be accelerated upon the occurrence of events of default, including, but not limited to, non-payment, change of control, or insolvency. As of September 30, 2025, the Company was in compliance with all of the financial covenants under the Credit Agreement.

The obligations under the Credit Agreement are guaranteed by one of the Company’s wholly-owned subsidiaries and secured by substantially all of the assets of the Borrowers and the guarantors.
The amounts borrowed as of September 30, 2025 and December 31, 2024 are as follows (dollars in thousands):

September 30,
2025 December 31,
2024
Long-term debt under revolving credit facility(1)
$ 30,000 $ 32,000
Available to be borrowed under revolving facility(2)
$ 49,000 $ 56,000
Interest rate and margin:
Interest margin(3)
2.35 % 2.10 %
Actual interest rates(4)
6.66 % 6.46 %
Commitment fee 0.40 % 0.35 %
(1) In connection with the Credit Agreement, as of September 30, 2025 and December 31, 2024, the Company had deferred financing costs of $0.7 million and accumulated amortization of $0.5 million as of September 30, 2025 and $0.4 million as of December 31, 2024, recorded in other assets on the condensed consolidated balance sheets.
(2) The amount available to be borrowed is subject to certain limitations, such as a consolidated leverage ratio which generally limits borrowings to 2.5 times annual Adjusted EBITDA, as defined in the Credit Agreement.
(3) Computed as the weighted average interest margin on all borrowings, including an additional spread of 0.10%.
(4) Computed as the weighted average interest rate on all borrowings.

There are no scheduled principal payments until maturity of the Credit Agreement in June 2027.

v3.25.3

COMMITMENTS AND CONTINGENCIES
9 Months Ended

Sep. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies . COMMITMENTS AND CONTINGENCIES
Litigation

The Company is subject to various claims from taxing authorities, lawsuits and other complaints arising in the ordinary course of business. The Company records provisions for losses when claims become probable and the amounts are reasonably estimable. Although the outcome of these legal matters, except as described below and recorded in the condensed consolidated financial statements, cannot be determined, it is the opinion of management that the final resolution of these matters will not have a material effect on the Company’s financial condition, operations or liquidity.

Tax Contingencies

The Company operates in a number of tax jurisdictions and is routinely subject to examinations by various tax authorities with respect to income taxes and indirect taxes. The determination of the Company’s liability for taxes requires judgment and estimation. The Company has reserved for potential examination adjustments to our provision for income taxes and accrual of indirect taxes in amounts which the Company believes are reasonable.

v3.25.3

EQUITY TRANSACTIONS (Notes)
9 Months Ended

Sep. 30, 2025

Equity, Class of Treasury Stock [Line Items]

Stockholders' Equity Note Disclosure [Text Block] EQUITY TRANSACTIONS
Stock Repurchase Plans—The Company's Board of Directors ("Board") has approved stock repurchase programs that permit the Company to repurchase its common stock. Management has discretion in determining the conditions under which shares may be purchased from time to time. The number, price, structure, and timing of the repurchases, if any, are at our sole discretion and future repurchases are evaluated by us depending on market conditions, liquidity needs, restrictions under the agreements governing our indebtedness, and other factors. Share repurchases may be made in the open market or in privately negotiated transactions. The repurchase authorizations do not oblige us to acquire any particular amount of our common stock. The Board may suspend, modify, or terminate a repurchase program at any time without prior notice. The following table summarizes the stock repurchase plans approved by the Board:
February 2025 to October 2025(1)
February 2023 to February 2024(2)
Approval Date February 2025 February 2023
Authorized Repurchase Amount of Common Stock $5 million $10 million
(1) During October 2025, the Company completed the stock repurchase program approved in February 2025, bringing total authorized purchases under the plan to 2.1 million shares for $5.0 million.
(2) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $5.2 million.

As of September 30, 2025 the value of shares that may yet be purchased under the current plan was $0.4 million. The Company completed such repurchases during October 2025.

In November 2025, the Company announced that its Board of Directors approved a stock repurchase program pursuant to which the Company may repurchase up to $5 million of its common stock through November 2026.

Purchases of the Company's common stock pursuant to the stock repurchase plans were as follows:

Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Shares repurchased 740,661 — 1,918,012 —
Average purchase price per share(1)
$ 2.83 $ — $ 2.37 $ —
Dollar value of shares repurchased (in thousands)(1)
$ 2,096 $ — $ 4,555 $ —
(1) Dollar value of shares repurchased and average price paid per share include costs associated with the repurchases and totaled $14,000 and $38,000 for the three and nine-month periods ended September 30, 2025, respectively. There were no share repurchases during the three and nine-month periods ended September 30, 2024.

There were no unsettled share repurchases as of September 30, 2025 and 2024.

Stock Repurchases Pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated—Under the 2022 Omnibus Equity Award Plan, as Amended and Restated, and as further described in note 14 to the condensed consolidated financial statements, the Company repurchases its common stock withheld for income tax from the vesting of employee restricted stock or Performance-Based Restricted Stock Units (“PSUs”). The Company remits the value, which is based on the closing share price on the vesting date, of the common stock withheld to the appropriate tax authority on behalf of the employee and the related shares become treasury stock.

Purchases of the Company’s common stock pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated, were as follows:
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Shares repurchased upon restricted stock/PSU vesting 63,484 71,076 649,259 736,144
Average purchase price per share $ 2.74 $ 2.17 $ 2.57 $ 2.46
Dollar value of shares repurchased upon restricted stock/PSU vesting (in thousands) $ 174 $ 154 $ 1,669 $ 1,808

No shares of the Company's common stock were purchased other than through the stock repurchase plans and the 2022 Omnibus Equity Award Plan, as Amended and Restated, as described above.

Section 382 Rights Plan—On January 28, 2025, the Company adopted a shareholder rights plan designed to protect stockholder value by preserving the availability of the Company’s net capital loss carryforwards (“Carryforwards”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “Code”) (such plan, the “Section 382 Rights Plan”). The Section 382 Rights Plan aims to preserve the Company's Carryforwards by creating a disincentive for any stockholder to accumulate beneficial ownership of 4.99% or more of the Company's outstanding common stock, or to further accumulate the Company's common stock if the stockholder's beneficial ownership already exceeds 4.99% in each case without the approval of
the Company's Board of Directors in order to reduce the likelihood of an "ownership change" under Section 382 of the Code occurring, which could restrict the Company's ability to utilize its Carryforwards.

In connection with the adoption of the Section 382 Rights Plan, the Board declared a non-taxable dividend of one preferred share purchase right (a "Right") for each outstanding share of the Company's common stock to the Company's stockholders of record as of the close of business on February 7, 2025. Each Right entitles its holder to purchase from the Company one one-thousandth of a share of the Company's Series 1 Participating Preferred Stock, par value $0.01 per share (the "Series 1 Participating Preferred Stock") at an exercise price of $17.00 per Right, subject to adjustment. As a result of the Section 382 Rights Plan, any person or group that acquires beneficial ownership of 4.99% or more of the Company's common stock without the approval of the Board would be subject to significant dilution in the ownership interest of that person or group. Stockholders who owned 4.99% or more of the outstanding shares of the Company's common stock as of February 7, 2025 will not trigger the Rights unless they acquire additional shares after that date.

Convertible Preferred Stock—As of December 31, 2024 the Company had 20 million shares of convertible preferred stock authorized, with a $0.01 par value. No shares have been issued and outstanding since prior to our initial public offering in 2007. The Company’s amended and restated certificate of incorporation permits the terms of any preferred stock to be determined at the time of issuance. Simultaneously with the adoption of the Section 382 Rights Plan on January 28, 2025, the authorized but unissued convertible preferred stock, par value $0.01, have been cancelled.

Preferred Stock Purchase Rights—Pursuant to the Section 382 Rights Plan, the Company has authorized and declared a dividend distribution of one Right for each outstanding share of common stock to stockholders of record as of the close of business on February 7, 2025 ("Record Date"). Subject to certain limitations, the Rights will be separate from the common stock and become exercisable following (1) the 10th business day (or such later date as may be determined by the Board) after the public announcement that a person or group of affiliated or associated persons (such person or group an "Acquiring Person") has acquired beneficial ownership of 4.99% or more of the common stock or (2) the 10th business day (or such later date as may be determined by the Board) after a person or group announces a tender or exchange offer that would result in ownership by a person or group of 4.99% or more of the common stock. The date on which the Rights separate from the common stock and become exercisable is referred to as the "Distribution Date." Following the Distribution Date, each Right entitles the registered holder to purchase from the Company one one-thousandth of a share of Series 1 Participating Preferred Stock of the Company at an exercise price of $17.00 (the “Exercise Price”), subject to adjustment. Each one-thousandth of a share of Series 1 Preferred Stock will not be redeemable; will be entitled to a quarterly dividend equal to the higher of $0.001 or an amount equal to the dividend paid on one share of common stock; will be entitled upon a liquidation, dissolution or winding up of the Company to the higher of $1.00 or the per share amount distributed to common stock in such transaction; will have the same voting power per share of common stock and generally vote together with the common stock; and will be entitled to receive in a merger, consolidation or similar transaction of the Company the per share consideration payable to common stock in such transaction.

Dividends—No dividends were declared during the nine-month periods ended September 30, 2025 and 2024. Our Credit Agreement limits our ability to declare and pay dividends. See Note 11 for additional disclosures.

v3.25.3

STOCK BASED COMPENSATION
9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

STOCK BASED COMPENSATION STOCK-BASED COMPENSATION
On July 13, 2022, the stockholders of the Company approved the DHI Group, Inc. 2022 Omnibus Equity Award Plan, which had been previously approved by the Company's Board of Directors on May 13, 2022 (the "2022 Omnibus Equity Award Plan"). The 2022 Omnibus Equity Award Plan generally mirrors the terms of the Company's prior omnibus equity award plan, which expired in accordance with its terms on April 20, 2022 (the "2012 Omnibus Equity Award Plan"). On April 26, 2023, the stockholders of the Company approved the DHI Group, Inc. 2022 Omnibus Equity Award Plan, as Amended and Restated, which had been previously approved by the Company’s Board of Directors on March 16, 2023 (the "2022 Omnibus Equity Award Plan, as Amended and Restated"). The 2022 Omnibus Equity Award Plan was amended and restated to, among other things, increase the number of shares of common stock authorized for issuance as equity awards under the plan by 2.9 million shares. The Company has previously granted restricted stock and PSUs to certain employees and directors pursuant to the 2012 Omnibus Equity Award Plan and the 2022 Omnibus Equity Award Plan and will continue to grant restricted stock and PSUs to certain employees and directors pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated. The Company also offers an Employee Stock Purchase Plan.

The Company recorded total stock-based compensation expense of $1.3 million and $3.9 million during the three and nine-month periods ended September 30, 2025, respectively, and $1.8 million and $6.1 million during the three and nine-month
periods ended September 30, 2024, respectively. At September 30, 2025, there was $5.6 million of unrecognized compensation expense related to unvested awards, which is expected to be recognized over a weighted-average period of approximately 0.9 years.

Restricted Stock—Restricted stock is granted to employees of the Company and its subsidiaries, and to non-employee members of the Company’s Board. These shares are part of the compensation plan for services provided by the employees or Board members. The closing price of the Company’s stock on the date of grant is used to determine the fair value of the grants. The expense related to restricted stock grants is recorded over the vesting period as described below. There was no cash flow impact resulting from the grants.

Restricted stock vests in various increments on the anniversaries of each grant, subject to the recipient’s continued employment or service through each applicable vesting date. Vesting occurs over one year for Board members and over three years for employees.

A summary of the status of restricted stock awards as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:
Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
Shares Weighted- Average Fair Value at Grant Date Shares Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period 2,902,507 $ 2.55 2,982,437 $ 3.52
Granted — $ — 196,000 $ 2.11
Forfeited (184,513) $ 2.81 (121,509) $ 3.88
Vested (190,658) $ 3.22 (219,696) $ 4.01
Non-vested at end of period 2,527,336 $ 2.48 2,837,232 $ 3.37
Expected to vest 2,527,336 $ 2.48 2,837,232 $ 3.37
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
Shares Weighted- Average Fair Value at Grant Date Shares Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period 2,672,564 $ 3.39 2,333,436 $ 4.55
Granted 1,777,287 $ 2.14 1,857,739 $ 2.49
Forfeited (610,777) $ 3.09 (176,511) $ 3.83
Vested (1,311,738) $ 3.59 (1,177,432) $ 4.25
Non-vested at end of period 2,527,336 $ 2.48 2,837,232 $ 3.37
Expected to vest 2,527,336 $ 2.48 2,837,232 $ 3.37

PSUs—PSUs are granted to employees of the Company and its subsidiaries. These shares are granted under compensation agreements that are for services provided by the employees. The fair value of the PSUs is measured at the grant date fair value of the award, which was determined based on an analysis of the probable performance outcomes. The performance period is over one year and is based on the achievement of bookings targets during the year of grant, as defined in the applicable award agreement. The earned shares will then vest over a three year period, one-third on each of the first, second, and third anniversaries of the grant date, or if later, the date the Compensation Committee certifies the performance results with respect to the performance period.

There was no cash flow impact resulting from the grants of restricted stock and PSUs.
A summary of the status of PSUs as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:

Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
Shares Weighted- Average Fair Value at
Grant Date Shares Weighted- Average Fair Value at
Grant Date
Non-vested at beginning of the period 1,032,718 $ 2.90 1,544,346 $ 3.50
Forfeited (52,966) $ 2.71 (30,568) $ 3.52
Vested — $ — — $ —
Non-vested at end of period 979,752 $ 2.91 1,513,778 $ 3.50
Expected to vest 979,752 $ 2.91 1,513,778 $ 3.50
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
Shares(1)
Weighted- Average Fair Value at
Grant Date
Shares(2)
Weighted- Average Fair Value at
Grant Date
Non-vested at beginning of the period 1,420,665 $ 3.55 1,616,962 $ 4.52
Granted 623,000 $ 2.69 960,000 $ 2.54
Forfeited (509,230) $ 2.83 (283,782) $ 4.80
Vested (554,683) $ 4.36 (779,402) $ 3.99
Non-vested at end of period 979,752 $ 2.91 1,513,778 $ 3.50
Expected to vest 979,752 $ 2.91 1,513,778 $ 3.50
(1) PSUs forfeited during the first quarter of 2025 includes 152,284 PSUs forfeited related to the bookings achievement for the performance period ended December 31, 2024.
(2) PSUs forfeited during the first quarter of 2024 relate to the bookings achievement for the performance period ended December 31, 2023.
Employee Stock Purchase Plan—On March 11, 2020 the Company's Board of Directors adopted an Employee Stock Purchase Plan ("ESPP"). The ESPP was approved by the Company's stockholders on April 21, 2020. The ESPP provides eligible employees the opportunity to purchase shares of the Company's common stock through payroll deductions during six-month offering periods. The purchase price per share of common stock is 85% of the lower of the closing stock price on the first or last trading day of each offering period. The offering periods are January 1 to June 30 and July 1 to December 31. The maximum number of shares of common stock available for purchase under the ESPP is 500,000, subject to adjustment as provided under the ESPP. Individual employee purchases are limited to $25,000 per calendar year, based on the fair market value of the shares on the purchase date. As of September 30, 2025, 108,021 shares were eligible for purchase under the ESPP. No shares were issued during the three months ended September 30, 2025 and 2024. During the nine month periods ended September 30, 2025 and 2024, 54,229 and 81,874 shares, respectively, were issued under the plan.

v3.25.3

INCOME TAXES (Notes)
9 Months Ended

Sep. 30, 2025

Income Tax Contingency [Line Items]

Income Tax Disclosure [Text Block] INCOME TAXES
The Company’s effective tax rate was 15% and 12% for the three and nine months ended September 30, 2025, respectively, and (91)% and 139% for the three and nine months ended September 30, 2024, respectively. The following items caused the effective rate to differ from the statutory rate:

•Tax expense of $0.6 million during the nine months ended September 30, 2025, and $0.1 million and $2.0 million during the three and nine months ended September 30, 2024, respectively, from the tax impacts of share-based compensation awards.
•A tax benefit of $0.4 million during the nine months ended September 30, 2025, from the completion of a federal tax examination related to research credits.
•Tax expense of $0.4 million and $0.1 million during the three and nine months ended September 30, 2025, respectively, from deduction limitations on executive compensation.
•Tax expense of $1.9 million during the nine months ended September 30, 2025, from nondeductible impairment charges.
•Tax expense of $0.2 million during the nine months ended September 30, 2024, from state taxes related to research and development expenditures.
On July 4, 2025, the legislation commonly known as the One Big Beautiful Bill Act ("OBBBA") was signed into law. The changes resulting from the tax provisions in OBBBA include accelerated tax deductions for qualified domestic research expenditures. The Company expects a favorable cash flow impact in 2025 and 2026 from these changes. However, the Company does not expect its effective tax rate to be materially impacted by OBBBA.

v3.25.3

EARNINGS PER SHARE
9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Earnings Per Share EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed based on the weighted-average number of shares of common stock outstanding. Diluted EPS is computed based on the weighted-average number of shares of common stock outstanding plus common stock equivalents, where dilutive. The following is a calculation of basic and diluted EPS and weighted-average shares outstanding (in thousands, except per share amounts):
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Net loss $ (4,269) $ (200) $ (14,861) $ (769)
Weighted-average shares outstanding—basic 44,823 44,873 45,224 44,550
Add shares issuable from stock-based awards(1)
— — — —
Weighted-average shares outstanding—diluted 44,823 44,873 45,224 44,550
Basic loss per share $ (0.10) $ — $ (0.33) $ (0.02)
Diluted loss per share $ (0.10) $ — $ (0.33) $ (0.02)
Dilutive shares issuable from unvested equity awards(1)
— — — —
Anti-dilutive shares issuable from unvested equity awards(2)
236 3,271 1,824 3,325
(1) During the three and nine months ended September 30, 2025, 1.2 million and 0.6 million shares, respectively, were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss. During each of the three and nine months ended September 30, 2024, 0.4 million shares were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss.
(2) Represents outstanding stock-based awards that were anti-dilutive and excluded from the calculation of diluted earnings per share.

v3.25.3

SEGMENT INFORMATION
9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

SEGMENT INFORMATION SEGMENT INFORMATION
In connection with the organizational restructuring in the first quarter of 2025, as described in note 5, the Company changed its reportable segments to reflect the current operating structure. Accordingly, prior periods have been recast to reflect the current segment presentation. Management has organized its reportable segments based upon our internal management reporting and information provided to the chief operating decision maker "CODM" after the restructuring was completed.

The Company previously reported one segment, Tech-focused. Information previously reported in the Tech-focused segment has been separated into ClearanceJobs ("CJ") and Dice, and the Company has two reportable segments: ClearanceJobs and Dice.

ClearanceJobs is an online career community dedicated to connecting security-cleared professionals with employers in a secure and private environment to fill the jobs that safeguard our nation. Authorized U.S. government contractors, federal agencies, national laboratories and universities utilize ClearanceJobs to find candidates with specific, active or current security clearance requirements in a range of disciplines. The platform provides opportunities for employers and candidates to engage in real-time through messaging and live video, and for employers to promote differentiators through a multitude of branding products and features.

Dice is a destination for technology and engineering talent in the United States to find relevant job opportunities. The job postings available on Dice, from both technology and non-technology companies across many industries, include positions
for software engineers, big data professionals, systems administrators, database specialists, project managers, tech professionals with AI skills, and a variety of other technology and engineering professionals.

Corporate includes general overhead not directly consumed by the segments such as interest expense, public company costs, compensation of certain executives and other professional fees. Corporate assets include all cash, income tax related assets, investments, and certain prepaid and other assets.

The Company has included additional disclosures regarding significant expenses regularly provided to our CODM. The Company’s CODM is the Company’s Chief Executive Officer. Given the restructuring from one to two segments, the measure of segment profit or loss has changed from consolidated net income to Adjusted EBITDA. The CODM uses Adjusted EBITDA to allocate resources to each segment, predominately through a budgeting and forecasting process. The CODM utilizes segment revenue, operating expenses and Adjusted EBITDA when making decisions about resource allocations. Resource allocation decisions include, among other things, investing in product development, sales and marketing, employee compensation, acquisitions, and stockholder programs.

All operations are in the United States and the Company does not have revenues and long-lived assets, which includes fixed assets and lease right of use assets, outside of the United States. The CODM is not provided assets in evaluating the results of the segments, and therefore, such information is not provided, except capital expenditures. The accounting policies of each segment are the same as those described in Note 1 of the notes to the condensed consolidated financial statements.
The following table provides an analysis of results by reportable segment (in thousands):

Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
By Reportable Segment: CJ Dice Total CJ Dice Total
Revenues $ 13,937 $ 18,186 $ 32,123 $ 13,842 $ 21,441 $ 35,283
Less:
   Adjusted cost of revenues 1,718 2,874 1,494 3,573
   Adjusted product development 1,351 1,541 1,144 3,604
   Adjusted sales 2,026 3,109 1,988 4,634
   Adjusted marketing 1,707 2,259 1,744 3,219
   Adjusted general and administrative 1,188 2,182 1,134 2,423
Adjusted EBITDA(1)
5,947 6,221 12,168 6,338 3,988 10,326
Reconciling Items:(2)
Less:
   Depreciation (3)
3,362 4,542
   Amortization 126 —
   Restructuring — 1,111
Impairment of intangible assets(4)
9,600 —
Severance, professional fees and related costs, and non-cash stock based compensation 1,672 2,339
   Income from equity method investment (60) (23)
   Interest expense and other 614 755
Unallocated amounts:
    Other corporate expenses 1,895 1,707
Loss before income taxes $ (5,041) $ (105)
Capital Expenditures(2)(5)
$ 451 $ 1,056 $ 1,507 $ 578 $ 2,529 $ 3,107
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $0.7 million and $2.7 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2025. Depreciation was $0.7 million and $3.9 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2024.
(4) Impairment of intangible assets related to the Dice tradename.
(5) Consists of capitalized website development and software costs as provided to the CODM.
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
By Reportable Segment: CJ Dice Total CJ Dice Total
Revenues $ 40,940 $ 55,511 $ 96,451 $ 40,375 $ 66,766 $ 107,141
Less:
Adjusted cost of revenues 5,162 9,819 4,530 10,548
Adjusted product development 3,868 5,738 3,406 10,868
Adjusted sales 6,163 11,575 6,256 14,789
Adjusted marketing 4,881 8,069 5,132 9,945
Adjusted general and administrative 3,142 6,492 3,297 6,805
Adjusted EBITDA(1)
17,724 13,818 31,542 17,754 13,811 31,565
Reconciling Items:(2)
Less:
   Depreciation (3)
11,107 13,584
   Amortization 126 —
   Restructuring 6,486 1,111
   Impairment of goodwill (4)
7,800 —
Impairment of intangible assets(5)
9,600 —
Severance, professional fees and related costs, and non-cash stock based compensation 5,662 6,866
   Income from equity method investment (87) (325)
   Impairment of investment — 400
   Interest expense and other 1,893 2,546
Unallocated amounts:
   Other corporate expenses 5,794 5,405
Income (loss) before income taxes $ (16,839) $ 1,978
Capital Expenditures(2)(6)
$ 1,098 $ 4,277 $ 5,375 $ 1,972 $ 7,779 $ 9,751
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $2.2 million and $8.9 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2025. Depreciation was $2.0 million and $11.6 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2024.
(4) Impairment of goodwill related entirely to the Dice reportable segment.
(5) Impairment of intangible assets related to the Dice tradename.
(6) Consists of capitalized website development and software costs as provided to the CODM.

v3.25.3

Insider Trading Arrangements
3 Months Ended

Sep. 30, 2025

Trading Arrangements, by Individual

Rule 10b5-1 Arrangement Adopted false

Non-Rule 10b5-1 Arrangement Adopted false

Rule 10b5-1 Arrangement Terminated false

Non-Rule 10b5-1 Arrangement Terminated false

v3.25.3

Revenue Recognition (Tables)
9 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue The following table provides information about disaggregated revenue by brand and includes a reconciliation of the disaggregated revenue (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
ClearanceJobs $ 13,937 $ 13,842 $ 40,940 $ 40,375
Dice 18,186 21,441 55,511 66,766
Total(1)
$ 32,123 $ 35,283 $ 96,451 $ 107,141
(1) Prior to the fourth quarter of 2024, we had disclosed that career events were recorded within Dice. Career events have been reclassified between ClearanceJobs and Dice based on the nature of the event for the periods ended September 30, 2025 and 2024.

Schedule of Contract Balances
The following table provides information about opening and closing balances of receivables and contract liabilities from contracts with customers as required under ASC Topic 606 - Revenue from Contracts with Customers (in thousands):
As of September 30, 2025 As of December 31, 2024
Receivables $ 16,102 $ 22,120
Short-term contract liabilities (deferred revenue) 40,714 44,934
Long-term contract liabilities (deferred revenue) 268 522
The Company recognized the following revenue as a result of changes in the contract liability balances in the respective periods (in thousands):
Three Months Ended Nine Months Ended
September 30, 2025 September 30, 2024 September 30, 2025 September 30, 2024
Revenue recognized in the period from:
Amounts included in the contract liability at the beginning of the period $ 23,990 $ 26,882 $ 42,047 $ 45,444

Schedule of Expected Timing of Satisfaction for Performance Obligations
The following table includes estimated deferred revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):

Remainder of 2025 2026 2027 2028 Total
Deferred revenue $ 23,814 $ 17,024 $ 130 $ 14 $ 40,982

v3.25.3

LEASES (Tables)
9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Lease, Cost
The components of lease cost were as follows (in thousands):

For the Three Months Ended September 30, For the Nine Months Ended September 30,
2025 2024 2025 2024
Operating lease cost(1)
$ 431 $ 419 $ 1,274 $ 1,255
Sublease income $ — $ (20) $ — $ (50)
Total lease cost $ 431 $ 399 $ 1,274 $ 1,205
(1) Includes short-term lease costs and variable lease costs, which are immaterial.

Supplemental cash flow information related to leases was as follows (in thousands):

For the Nine Months Ended September 30,
2025 2024
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases $ 1,658 $ 1,110
Right-of-use assets obtained in exchange for lease obligations:
Operating leases $ 119 $ 2,930

Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows (in thousands, except lease term and discount):

September 30, 2025 December 31, 2024
Operating lease right-of-use-assets (as reported) $ 5,772 $ 6,518
Operating lease liabilities - current (as reported) 1,732 1,625
Operating lease liabilities - non-current (as reported) 7,757 8,995
Total operating lease liabilities $ 9,489 $ 10,620
Weighted Average Remaining Lease Term (in years)
Operating leases 7.0 years 7.4 years
Weighted Average Discount Rate
Operating leases 5.7 % 5.5 %

Schedule of Maturities of Lease Liabilities were as follows (in thousands):
Operating Leases
Oct 1, 2025 through December 31, 2025 $ 556
2026 2,239
2027 1,359
2028 1,304
2029 1,333
2030 and thereafter 4,858
Total lease payments $ 11,649
Less: imputed interest (2,160)
Total $ 9,489

v3.25.3

BUSINESS COMBINATION (Tables)
9 Months Ended

Sep. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Consideration and Purchase Price Allocation for Business Combination
The table below provides a summary of the total consideration and the purchase price allocation made for the AgileATS business combination (in thousands):
Amount
Purchase price consideration
   Cash consideration paid $ 1,400
   Fair value of contingent earnout consideration(1)(2)
497
Total purchase price consideration $ 1,897
Less: Assets acquired
   Intangible asset - AgileATS technology $ 1,510
   Intangible asset - Tradename 90
Total assets acquired 1,600
Plus: Net working capital assumed(3)
15
Goodwill(4)
$ 312
(1) Includes a $0.5 million contingent earnout consideration, discounted to $0.4 million based on the probability of being achieved and a present value factor. The contingent earnout consideration must be achieved no later than July 31, 2027.
(2) Includes a $0.1 million purchase price consideration holdback, which is payable in the third quarter of 2026, net of any contingency related items, as described in the Asset Purchase Agreement.
(3) Includes approximately $2,000 of receivables and $17,000 of liabilities.
(4) Calculated by taking the total purchase price consideration less the net assets acquired and liabilities assumed.

v3.25.3

GOODWILL (Tables)
9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill
The changes in the carrying amount of goodwill by segment were as follows (in thousands):

Tech-focused ClearanceJobs Dice Total
Goodwill at December 31, 2024 $ 128,100 $ — $ — $ 128,100
Segment Change (128,100) 97,431 30,669 —
Goodwill at January 13, 2025(1)
$ — $ 97,431 $ 30,669 $ 128,100
Impairment — — (7,800) (7,800)
Business combination(2)
— 312 — 312
Goodwill at September 30, 2025 $ — $ 97,743 $ 22,869 $ 120,612
(1) Date of organizational restructuring.
(2) Represents goodwill recognized through the acquisition of AgileATS on July 31, 2025. See Note 8 for further discussion.

v3.25.3

INDEBTEDNESS (Tables)
9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt
The amounts borrowed as of September 30, 2025 and December 31, 2024 are as follows (dollars in thousands):

September 30,
2025 December 31,
2024
Long-term debt under revolving credit facility(1)
$ 30,000 $ 32,000
Available to be borrowed under revolving facility(2)
$ 49,000 $ 56,000
Interest rate and margin:
Interest margin(3)
2.35 % 2.10 %
Actual interest rates(4)
6.66 % 6.46 %
Commitment fee 0.40 % 0.35 %
(1) In connection with the Credit Agreement, as of September 30, 2025 and December 31, 2024, the Company had deferred financing costs of $0.7 million and accumulated amortization of $0.5 million as of September 30, 2025 and $0.4 million as of December 31, 2024, recorded in other assets on the condensed consolidated balance sheets.
(2) The amount available to be borrowed is subject to certain limitations, such as a consolidated leverage ratio which generally limits borrowings to 2.5 times annual Adjusted EBITDA, as defined in the Credit Agreement.
(3) Computed as the weighted average interest margin on all borrowings, including an additional spread of 0.10%.
(4) Computed as the weighted average interest rate on all borrowings.

v3.25.3

EQUITY TRANSACTIONS (Tables)
9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Class of Treasury Stock [Table Text Block]
Stock Repurchase Plans—The Company's Board of Directors ("Board") has approved stock repurchase programs that permit the Company to repurchase its common stock. Management has discretion in determining the conditions under which shares may be purchased from time to time. The number, price, structure, and timing of the repurchases, if any, are at our sole discretion and future repurchases are evaluated by us depending on market conditions, liquidity needs, restrictions under the agreements governing our indebtedness, and other factors. Share repurchases may be made in the open market or in privately negotiated transactions. The repurchase authorizations do not oblige us to acquire any particular amount of our common stock. The Board may suspend, modify, or terminate a repurchase program at any time without prior notice. The following table summarizes the stock repurchase plans approved by the Board:
February 2025 to October 2025(1)
February 2023 to February 2024(2)
Approval Date February 2025 February 2023
Authorized Repurchase Amount of Common Stock $5 million $10 million
(1) During October 2025, the Company completed the stock repurchase program approved in February 2025, bringing total authorized purchases under the plan to 2.1 million shares for $5.0 million.
(2) During February 2024, the stock repurchase program approved in February 2023 expired with a total of 1.4 million shares purchased for $5.2 million.

Schedule of Repurchase Agreements [Table Text Block]
Purchases of the Company's common stock pursuant to the stock repurchase plans were as follows:

Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Shares repurchased 740,661 — 1,918,012 —
Average purchase price per share(1)
$ 2.83 $ — $ 2.37 $ —
Dollar value of shares repurchased (in thousands)(1)
$ 2,096 $ — $ 4,555 $ —
(1) Dollar value of shares repurchased and average price paid per share include costs associated with the repurchases and totaled $14,000 and $38,000 for the three and nine-month periods ended September 30, 2025, respectively. There were no share repurchases during the three and nine-month periods ended September 30, 2024.

Cash Proceeds Received and Tax Benefit from Share-based Payment Awards
Purchases of the Company’s common stock pursuant to the 2022 Omnibus Equity Award Plan, as Amended and Restated, were as follows:
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Shares repurchased upon restricted stock/PSU vesting 63,484 71,076 649,259 736,144
Average purchase price per share $ 2.74 $ 2.17 $ 2.57 $ 2.46
Dollar value of shares repurchased upon restricted stock/PSU vesting (in thousands) $ 174 $ 154 $ 1,669 $ 1,808

No shares of the Company's common stock were purchased other than through the stock repurchase plans and the 2022 Omnibus Equity Award Plan, as Amended and Restated, as described above.

Section 382 Rights Plan—On January 28, 2025, the Company adopted a shareholder rights plan designed to protect stockholder value by preserving the availability of the Company’s net capital loss carryforwards (“Carryforwards”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “Code”) (such plan, the “Section 382 Rights Plan”). The Section 382 Rights Plan aims to preserve the Company's Carryforwards by creating a disincentive for any stockholder to accumulate beneficial ownership of 4.99% or more of the Company's outstanding common stock, or to further accumulate the Company's common stock if the stockholder's beneficial ownership already exceeds 4.99% in each case without the approval of
the Company's Board of Directors in order to reduce the likelihood of an "ownership change" under Section 382 of the Code occurring, which could restrict the Company's ability to utilize its Carryforwards.

In connection with the adoption of the Section 382 Rights Plan, the Board declared a non-taxable dividend of one preferred share purchase right (a "Right") for each outstanding share of the Company's common stock to the Company's stockholders of record as of the close of business on February 7, 2025. Each Right entitles its holder to purchase from the Company one one-thousandth of a share of the Company's Series 1 Participating Preferred Stock, par value $0.01 per share (the "Series 1 Participating Preferred Stock") at an exercise price of $17.00 per Right, subject to adjustment. As a result of the Section 382 Rights Plan, any person or group that acquires beneficial ownership of 4.99% or more of the Company's common stock without the approval of the Board would be subject to significant dilution in the ownership interest of that person or group. Stockholders who owned 4.99% or more of the outstanding shares of the Company's common stock as of February 7, 2025 will not trigger the Rights unless they acquire additional shares after that date.

Convertible Preferred Stock—As of December 31, 2024 the Company had 20 million shares of convertible preferred stock authorized, with a $0.01 par value. No shares have been issued and outstanding since prior to our initial public offering in 2007. The Company’s amended and restated certificate of incorporation permits the terms of any preferred stock to be determined at the time of issuance. Simultaneously with the adoption of the Section 382 Rights Plan on January 28, 2025, the authorized but unissued convertible preferred stock, par value $0.01, have been cancelled.

Preferred Stock Purchase Rights—Pursuant to the Section 382 Rights Plan, the Company has authorized and declared a dividend distribution of one Right for each outstanding share of common stock to stockholders of record as of the close of business on February 7, 2025 ("Record Date"). Subject to certain limitations, the Rights will be separate from the common stock and become exercisable following (1) the 10th business day (or such later date as may be determined by the Board) after the public announcement that a person or group of affiliated or associated persons (such person or group an "Acquiring Person") has acquired beneficial ownership of 4.99% or more of the common stock or (2) the 10th business day (or such later date as may be determined by the Board) after a person or group announces a tender or exchange offer that would result in ownership by a person or group of 4.99% or more of the common stock. The date on which the Rights separate from the common stock and become exercisable is referred to as the "Distribution Date." Following the Distribution Date, each Right entitles the registered holder to purchase from the Company one one-thousandth of a share of Series 1 Participating Preferred Stock of the Company at an exercise price of $17.00 (the “Exercise Price”), subject to adjustment. Each one-thousandth of a share of Series 1 Preferred Stock will not be redeemable; will be entitled to a quarterly dividend equal to the higher of $0.001 or an amount equal to the dividend paid on one share of common stock; will be entitled upon a liquidation, dissolution or winding up of the Company to the higher of $1.00 or the per share amount distributed to common stock in such transaction; will have the same voting power per share of common stock and generally vote together with the common stock; and will be entitled to receive in a merger, consolidation or similar transaction of the Company the per share consideration payable to common stock in such transaction.

Dividends—No dividends were declared during the nine-month periods ended September 30, 2025 and 2024. Our Credit Agreement limits our ability to declare and pay dividends. See Note 11 for additional disclosures.

v3.25.3

STOCK BASED COMPENSATION (Tables)
9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Nonvested Share Activity
A summary of the status of restricted stock awards as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:
Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
Shares Weighted- Average Fair Value at Grant Date Shares Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period 2,902,507 $ 2.55 2,982,437 $ 3.52
Granted — $ — 196,000 $ 2.11
Forfeited (184,513) $ 2.81 (121,509) $ 3.88
Vested (190,658) $ 3.22 (219,696) $ 4.01
Non-vested at end of period 2,527,336 $ 2.48 2,837,232 $ 3.37
Expected to vest 2,527,336 $ 2.48 2,837,232 $ 3.37
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
Shares Weighted- Average Fair Value at Grant Date Shares Weighted- Average Fair Value at Grant Date
Non-vested at beginning of the period 2,672,564 $ 3.39 2,333,436 $ 4.55
Granted 1,777,287 $ 2.14 1,857,739 $ 2.49
Forfeited (610,777) $ 3.09 (176,511) $ 3.83
Vested (1,311,738) $ 3.59 (1,177,432) $ 4.25
Non-vested at end of period 2,527,336 $ 2.48 2,837,232 $ 3.37
Expected to vest 2,527,336 $ 2.48 2,837,232 $ 3.37
A summary of the status of PSUs as of September 30, 2025 and 2024 and the changes during the periods then ended is presented below:

Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
Shares Weighted- Average Fair Value at
Grant Date Shares Weighted- Average Fair Value at
Grant Date
Non-vested at beginning of the period 1,032,718 $ 2.90 1,544,346 $ 3.50
Forfeited (52,966) $ 2.71 (30,568) $ 3.52
Vested — $ — — $ —
Non-vested at end of period 979,752 $ 2.91 1,513,778 $ 3.50
Expected to vest 979,752 $ 2.91 1,513,778 $ 3.50
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
Shares(1)
Weighted- Average Fair Value at
Grant Date
Shares(2)
Weighted- Average Fair Value at
Grant Date
Non-vested at beginning of the period 1,420,665 $ 3.55 1,616,962 $ 4.52
Granted 623,000 $ 2.69 960,000 $ 2.54
Forfeited (509,230) $ 2.83 (283,782) $ 4.80
Vested (554,683) $ 4.36 (779,402) $ 3.99
Non-vested at end of period 979,752 $ 2.91 1,513,778 $ 3.50
Expected to vest 979,752 $ 2.91 1,513,778 $ 3.50
(1) PSUs forfeited during the first quarter of 2025 includes 152,284 PSUs forfeited related to the bookings achievement for the performance period ended December 31, 2024.
(2) PSUs forfeited during the first quarter of 2024 relate to the bookings achievement for the performance period ended December 31, 2023.

Weighted Average Remaining Contractual Life Employee Stock Purchase Plan—On March 11, 2020 the Company's Board of Directors adopted an Employee Stock Purchase Plan ("ESPP"). The ESPP was approved by the Company's stockholders on April 21, 2020. The ESPP provides eligible employees the opportunity to purchase shares of the Company's common stock through payroll deductions during six-month offering periods. The purchase price per share of common stock is 85% of the lower of the closing stock price on the first or last trading day of each offering period. The offering periods are January 1 to June 30 and July 1 to December 31. The maximum number of shares of common stock available for purchase under the ESPP is 500,000, subject to adjustment as provided under the ESPP. Individual employee purchases are limited to $25,000 per calendar year, based on the fair market value of the shares on the purchase date. As of September 30, 2025, 108,021 shares were eligible for purchase under the ESPP. No shares were issued during the three months ended September 30, 2025 and 2024. During the nine month periods ended September 30, 2025 and 2024, 54,229 and 81,874 shares, respectively, were issued under the plan.

v3.25.3

EARNINGS PER SHARE (Tables)
9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted The following is a calculation of basic and diluted EPS and weighted-average shares outstanding (in thousands, except per share amounts):
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
Net loss $ (4,269) $ (200) $ (14,861) $ (769)
Weighted-average shares outstanding—basic 44,823 44,873 45,224 44,550
Add shares issuable from stock-based awards(1)
— — — —
Weighted-average shares outstanding—diluted 44,823 44,873 45,224 44,550
Basic loss per share $ (0.10) $ — $ (0.33) $ (0.02)
Diluted loss per share $ (0.10) $ — $ (0.33) $ (0.02)
Dilutive shares issuable from unvested equity awards(1)
— — — —
Anti-dilutive shares issuable from unvested equity awards(2)
236 3,271 1,824 3,325
(1) During the three and nine months ended September 30, 2025, 1.2 million and 0.6 million shares, respectively, were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss. During each of the three and nine months ended September 30, 2024, 0.4 million shares were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss.
(2) Represents outstanding stock-based awards that were anti-dilutive and excluded from the calculation of diluted earnings per share.

v3.25.3

SEGMENT INFORMATION (Tables)
9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment
The following table provides an analysis of results by reportable segment (in thousands):

Three Months Ended September 30, 2025 Three Months Ended September 30, 2024
By Reportable Segment: CJ Dice Total CJ Dice Total
Revenues $ 13,937 $ 18,186 $ 32,123 $ 13,842 $ 21,441 $ 35,283
Less:
   Adjusted cost of revenues 1,718 2,874 1,494 3,573
   Adjusted product development 1,351 1,541 1,144 3,604
   Adjusted sales 2,026 3,109 1,988 4,634
   Adjusted marketing 1,707 2,259 1,744 3,219
   Adjusted general and administrative 1,188 2,182 1,134 2,423
Adjusted EBITDA(1)
5,947 6,221 12,168 6,338 3,988 10,326
Reconciling Items:(2)
Less:
   Depreciation (3)
3,362 4,542
   Amortization 126 —
   Restructuring — 1,111
Impairment of intangible assets(4)
9,600 —
Severance, professional fees and related costs, and non-cash stock based compensation 1,672 2,339
   Income from equity method investment (60) (23)
   Interest expense and other 614 755
Unallocated amounts:
    Other corporate expenses 1,895 1,707
Loss before income taxes $ (5,041) $ (105)
Capital Expenditures(2)(5)
$ 451 $ 1,056 $ 1,507 $ 578 $ 2,529 $ 3,107
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $0.7 million and $2.7 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2025. Depreciation was $0.7 million and $3.9 million for ClearanceJobs and Dice, respectively, for the three months ended September 30, 2024.
(4) Impairment of intangible assets related to the Dice tradename.
(5) Consists of capitalized website development and software costs as provided to the CODM.
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
By Reportable Segment: CJ Dice Total CJ Dice Total
Revenues $ 40,940 $ 55,511 $ 96,451 $ 40,375 $ 66,766 $ 107,141
Less:
Adjusted cost of revenues 5,162 9,819 4,530 10,548
Adjusted product development 3,868 5,738 3,406 10,868
Adjusted sales 6,163 11,575 6,256 14,789
Adjusted marketing 4,881 8,069 5,132 9,945
Adjusted general and administrative 3,142 6,492 3,297 6,805
Adjusted EBITDA(1)
17,724 13,818 31,542 17,754 13,811 31,565
Reconciling Items:(2)
Less:
   Depreciation (3)
11,107 13,584
   Amortization 126 —
   Restructuring 6,486 1,111
   Impairment of goodwill (4)
7,800 —
Impairment of intangible assets(5)
9,600 —
Severance, professional fees and related costs, and non-cash stock based compensation 5,662 6,866
   Income from equity method investment (87) (325)
   Impairment of investment — 400
   Interest expense and other 1,893 2,546
Unallocated amounts:
   Other corporate expenses 5,794 5,405
Income (loss) before income taxes $ (16,839) $ 1,978
Capital Expenditures(2)(6)
$ 1,098 $ 4,277 $ 5,375 $ 1,972 $ 7,779 $ 9,751
(1) Excludes deduction for other corporate expenses.
(2) Other segment disclosures as required by ASC 280.
(3) Depreciation was $2.2 million and $8.9 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2025. Depreciation was $2.0 million and $11.6 million for ClearanceJobs and Dice, respectively, for the nine months ended September 30, 2024.
(4) Impairment of goodwill related entirely to the Dice reportable segment.
(5) Impairment of intangible assets related to the Dice tradename.
(6) Consists of capitalized website development and software costs as provided to the CODM.

v3.25.3

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details)

Sep. 30, 2023

Rate

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest 10.00%

v3.25.3

Revenue Recognition - Disaggregated Revenue (Details) - Tech-Focused [Member] - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Disaggregation of Revenue [Line Items]

Revenues $ 32,123 $ 35,283 $ 96,451 $ 107,141

Dice

Disaggregation of Revenue [Line Items]

Revenues 13,937 13,842 40,940 40,375

ClearanceJobs

Disaggregation of Revenue [Line Items]

Revenues $ 18,186 $ 21,441 $ 55,511 $ 66,766

v3.25.3

REVENUE RECOGNITION Revenue Recognition - Contract Balances (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Accounts receivable, net of allowance for doubtful accounts of $758 and $647 $ 16,102 $ 16,102 $ 22,120

Deferred revenue 40,714 40,714 44,934

Deferred Revenue, Noncurrent 268 268 $ 522

Amounts included in the contract liability at the beginning of the period $ 23,990 $ 26,882 $ 42,047 $ 45,444

v3.25.3

RESTRUCTURE COSTS (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended

Jun. 23, 2025

Jan. 13, 2025

Jul. 01, 2024

Sep. 30, 2025

Jun. 30, 2025

Mar. 31, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Restructuring Cost and Reserve [Line Items]

Restructuring and related cost, number of positions eliminated, period percent 25.00% 8.00% 7.00%

Restructuring costs $ 0 $ 4,200 $ 2,300 $ 1,111 $ 6,486 $ 1,111 $ 1,100

Severance Costs $ 2,500 $ 2,700

v3.25.3

LEASES (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Lessee, Lease, Description [Line Items]

Operating lease right-of-use-assets (as reported) $ 5,772,000 $ 5,772,000 $ 6,518,000

Operating lease liability 9,489,000 9,489,000 $ 10,620,000

Operating lease, impairment loss $ 0 $ 0 $ 0 $ 0

Minimum

Lessee, Lease, Description [Line Items]

Lease term of contract (in years) 1 year 1 year

Maximum

Lessee, Lease, Description [Line Items]

Lease term of contract (in years) 10 years 10 years

v3.25.3

LEASES (Lease Cost) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Leases [Abstract]

Operating lease cost(1) $ 431 $ 419 $ 1,274 $ 1,255

Sublease Income 0 (20) 0 (50)

Lease, Cost $ 431 $ 399 1,274 1,205

Cash paid for amounts included in measurement of lease liabilities:

Operating cash flows from operating leases 1,658 1,110

Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 119 $ 2,930

v3.25.3

LEASES (Supplemental Balance Sheet Information) (Details) - USD ($)
$ in Thousands

Sep. 30, 2025

Dec. 31, 2024

Leases [Abstract]

Operating lease right-of-use-assets (as reported) $ 5,772 $ 6,518

Operating lease liabilities - current 1,732 1,625

Operating lease liabilities - non-current (as reported) 7,757 8,995

Total operating lease liabilities $ 9,489 $ 10,620

Weighted Average Remaining Lease Term (in years)

Operating leases 7 years 7 years 4 months 24 days

Weighted Average Discount Rate

Operating leases 5.70% 5.50%

v3.25.3

LEASES (Maturities of Lease Liabilities) (Details) - USD ($)
$ in Thousands

Sep. 30, 2025

Dec. 31, 2024

Operating Lease, After Adoption of 842

Oct 1, 2025 through December 31, 2025 $ 556

2025 2,239

2026 1,359

2027 1,304

2028 1,333

2030 and thereafter 4,858

Lessee, Operating Lease, Liability, Payments, Due 11,649

Less: imputed interest (2,160)

Total $ 9,489 $ 10,620

v3.25.3

INVESTMENTS (Details) - USD ($)
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Mar. 31, 2024

Sep. 30, 2023

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Dec. 31, 2022

Sep. 30, 2022

Dec. 31, 2021

Jun. 30, 2021

Segment Reporting Information [Line Items]

Equity Method Investment, Underlying Equity in Net Assets $ 2,200,000

Interest in Diluted Shares of Cost Method Investment 4.90%

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest 10.00%

Disposal Group, Including Discontinued Operation, Foreign Currency Translation Gains (Losses) $ 200,000

Investments, Fair Value Disclosure $ 3,000,000

Investment Interest Rate 6.60% 6.60%

Equity Method Investments, Fair Value Disclosure $ 3,600,000

Impairment on investment $ 300,000 $ 400,000 $ 0 $ 400,000

Income from equity method investments 87,000 325,000

Investment ownership percentage (less than) 0.10%

Investment Owned, at Fair Value $ 0 $ 0 400,000 0 $ 700,000

Gain (Loss) on Investments 0 0 0 (400,000)

Investment Owned, at Fair Value 0 $ 0 400,000 0 $ 700,000

Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount (60,000) (23,000) (87,000) (325,000)

Gain (Loss) on Investments 0 0 0 (400,000)

eFinancial Careers

Segment Reporting Information [Line Items]

Equity method investment, difference between carrying amount and underlying equity 300,000

Income from equity method investments $ 0 100,000 $ 300,000

eFinancial Careers

Segment Reporting Information [Line Items]

Proceeds from Sale of Equity Method Investments 4,900,000

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest 40.00%

Debt and Equity Securities, Unrealized Gain (Loss) 600,000

Investment Owned, at Fair Value 1,900,000 1,900,000 $ 1,800,000

Investment Owned, at Fair Value $ 1,900,000 $ 1,900,000 $ 1,800,000

Debt and Equity Securities, Unrealized Gain (Loss) $ 600,000

v3.25.3

BUSINESS COMBINATION - Narrative (Details) - AgileATS
$ in Millions

Jul. 31, 2025

USD ($)

Business Combination [Line Items]

Acquired finite-lived intangible assets, weighted average useful life 2 years

Business Combination, Acquisition-Related Cost, Expense $ 0.2

Measurement Input, Royalty Rate

Business Combination [Line Items]

Business combination, consideration transferred, measurement input 0.030

Measurement Input, Income Tax Rate

Business Combination [Line Items]

Business combination, consideration transferred, measurement input 0.253

Measurement Input, Discount Rate

Business Combination [Line Items]

Business combination, consideration transferred, measurement input 0.340

v3.25.3

BUSINESS COMBINATION - Schedule of Consideration and Purchase Price Allocation for Business Combination (Details) - USD ($)
$ in Thousands

Jul. 31, 2025

Sep. 30, 2025

Jan. 13, 2025

Dec. 31, 2024

Less: Assets acquired

Goodwill $ 120,612 $ 128,100 $ 128,100

AgileATS

Purchase price consideration

Cash consideration paid $ 1,400

Fair value of contingent earnout consideration 497

Total purchase price consideration 1,897

Less: Assets acquired

Total assets acquired 1,600

Plus: Net working capital assumed 15

Goodwill 312

Discounted contingent earnout consideration 400

Purchase price consideration holdback 100

Receivables 2

Liabilities 17

AgileATS | Intangible asset - AgileATS technology

Less: Assets acquired

Total assets acquired 1,510

AgileATS | Intangible asset - Tradename

Less: Assets acquired

Total assets acquired $ 90

v3.25.3

ACQUIRED INTANGIBLE ASSETS, NET (Summary of Acquired Intangible Assets) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Finite-Lived Intangible Assets [Line Items]

Impairment of Intangible Assets (Excluding Goodwill) $ 9,600 $ 0 $ 9,600 $ 0

Indefinite-Lived Intangible Assets (Excluding Goodwill) 14,200 $ 14,200 $ 23,800

AgileATS | Intangible asset - AgileATS technology

Finite-Lived Intangible Assets [Line Items]

Finite-lived intangible assets acquired $ 1,500

Finite-lived intangible asset, useful life 2 years 2 years

Amortization of intangible assets $ 100 $ 100

Finite-lived intangible assets, net 1,400 $ 1,400

AgileATS | Intangible asset - Tradename

Finite-Lived Intangible Assets [Line Items]

Finite-lived intangible assets acquired $ 100

Finite-lived intangible asset, useful life 2 years 2 years

Finite-lived intangible assets, net $ 100 $ 100

v3.25.3

GOODWILL - Narrative (Details)
3 Months Ended 9 Months Ended

Sep. 30, 2025

USD ($)

Mar. 31, 2025

USD ($)

Sep. 30, 2024

USD ($)

Sep. 30, 2025

USD ($)

reportingUnit

Sep. 30, 2025

USD ($)

Sep. 30, 2024

USD ($)

Jan. 13, 2025

USD ($)

Dec. 31, 2024

USD ($)

Goodwill [Line Items]

Goodwill $ 120,612,000 $ 120,612,000 $ 120,612,000 $ 128,100,000 $ 128,100,000

Number of reporting units | reportingUnit 2

Impairment of goodwill $ 0 $ 0 $ 7,800,000 $ 7,800,000 $ 0

Previously Reported

Goodwill [Line Items]

Impairment of goodwill $ 7,800,000

ClearanceJobs

Goodwill [Line Items]

Goodwill 97,400,000

Dice

Goodwill [Line Items]

Goodwill $ 30,700,000

v3.25.3

GOODWILL - Schedule of Goodwill (Details) - USD ($)
3 Months Ended 9 Months Ended

Jan. 13, 2025

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2025

Sep. 30, 2024

Goodwill [Roll Forward]

Beginning balance $ 128,100,000 $ 128,100,000 $ 128,100,000

Segment Change 0

Impairment $ 0 $ 0 (7,800,000) (7,800,000) $ 0

Business combination 312,000

Ending balance 128,100,000 120,612,000 120,612,000 120,612,000

Tech-focused

Goodwill [Roll Forward]

Beginning balance 128,100,000 128,100,000 0

Segment Change (128,100,000)

Impairment 0

Business combination 0

Ending balance 0 0 0 0

CJ

Goodwill [Roll Forward]

Beginning balance 0 0 97,431,000

Segment Change 97,431,000

Impairment 0

Business combination 312,000

Ending balance 97,431,000 97,743,000 97,743,000 97,743,000

Dice

Goodwill [Roll Forward]

Beginning balance 0 0 30,669,000

Segment Change 30,669,000

Impairment (7,800,000)

Business combination 0

Ending balance $ 30,669,000 $ 22,869,000 $ 22,869,000 $ 22,869,000

v3.25.3

INDEBTEDNESS (Schedule of Credit Agreement) (Details)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended

Sep. 30, 2025

USD ($)

Sep. 30, 2025

USD ($)

Sep. 30, 2025

USD ($)

Rate

Dec. 31, 2024

USD ($)

Debt Instrument [Line Items]

Revolving credit facility $ 30,000 $ 30,000 $ 30,000

Accumulated amortization of deferred financing costs 500 500 500 $ 400

Total borrowed 30,000 30,000 30,000 32,000

Line of Credit Facility, Remaining Borrowing Capacity $ 49,000 $ 49,000 $ 49,000 $ 56,000

Interest margin 2.35% 2.10%

Actual interest rates 6.66% 6.66% 6.66% 6.46%

Line of Credit Facility, Commitment Fee Percentage 0.40% 0.35%

Deferred Finance Costs, Own-share Lending Arrangement, Issuance Costs, Gross $ 700 $ 700 $ 700

Debt instrument, additional spread 0.10% 0.10%

Maximum

Debt Instrument [Line Items]

Line of Credit Facility, Commitment Fee Percentage 0.50%

Ratio of Indebtedness to Net Capital, Pro forma basis 2.00 2.00 2.00

Maximum | Borrowings [Member]

Debt Instrument [Line Items]

Ratio of Indebtedness to Net Capital, Pro forma basis 2.50 2.50 2.50

v3.25.3

EQUITY TRANSACTIONS (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended

Oct. 31, 2025

Sep. 30, 2025

Sep. 30, 2024

Mar. 31, 2024

Jun. 30, 2025

Jun. 30, 2024

Jun. 30, 2023

Sep. 30, 2025

Sep. 30, 2024

Nov. 06, 2025

Jan. 28, 2025

Jan. 21, 2025

Dec. 31, 2024

Feb. 09, 2023

Equity, Class of Treasury Stock [Line Items]

Stock Repurchased During Period, Shares 740,661 0 1,918,012 0

Stock Repurchase Program, Not Settled 0 0

Average purchase price per share (in dollars per share) $ 2.83 $ 0 $ 2.37 $ 0

Payments for Repurchase of Common Stock, Gross $ 2,096,000 $ 0 $ 4,555,000 $ 0

Costs associated with repurchase $ 14,000 $ 38,000

Stock Repurchase Program, Authorized Amount $ 5,000,000 $ 10,000,000

Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01

Share Repurchase Program, Remaining Authorized, Amount $ 400,000 $ 400,000

Preferred Stock, Shares Authorized 20,000,000 20,000,000

Stockholders' Equity, Beneficial Ownership Limit Under Shareholder Rights Plan, Percent 4.99%

Preferred Stock, Purchase Rights, Number of Rights Declared Per Common Share 1

Preferred Stock, Shares Issued 0 0

Preferred Stock, Shares Outstanding 0 0

Dividends $ 0 $ 0 $ 0

2023

Equity, Class of Treasury Stock [Line Items]

Stock Repurchased During Period, Shares 1,400,000

Treasury Stock, Value $ 5,200,000

2025

Equity, Class of Treasury Stock [Line Items]

Stock Repurchase Program, Authorized Amount $ 5,000,000.0

2025 | Subsequent Event

Equity, Class of Treasury Stock [Line Items]

Stock Repurchased During Period, Shares 2,100,000

November 2025 | Subsequent Event

Equity, Class of Treasury Stock [Line Items]

Stock Repurchase Program, Authorized Amount $ 5,000,000

Series 1 Participating Preferred Stock

Equity, Class of Treasury Stock [Line Items]

Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01 $ 0.01 $ 0.01

Preferred stock, acquiring person beneficial ownership percentage, threshold for exercisability 4.99%

Preferred Stock, Purchase Rights, Exercise Price $ 17.00

Class of warrant or right, number of securities called by each warrant or right (in shares) 0.001

Preferred Stock, Shares Authorized 240,000 240,000 240,000

Preferred Stock, Purchase Rights, Exercise Price $ 17.00

Preferred Stock, Shares Issued 0 0 0

Preferred Stock, Shares Outstanding 0 0 0

Series 1 Participating Preferred Stock | Minimum

Equity, Class of Treasury Stock [Line Items]

Preferred Stock, Dividends Preference Per Share 0.001

Preferred Stock, Liquidation Preference Per Share 1.00

Preferred Stock, Dividends Preference Per Share 0.001

Preferred Stock, Liquidation Preference Per Share $ 1.00

v3.25.3

EQUITY TRANSACTIONS - Cash Proceeds Received and Tax Benefit from Share-based Payment Awards (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Average purchase price per share (in dollars per share) $ 2.83 $ 0 $ 2.37 $ 0

Restricted Stock And Performance-Based Restricted Stock Units

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Shares repurchased upon RSU/PSU vesting (in shares) 63,484 71,076 649,259 736,144

Average purchase price per share (in dollars per share) $ 2.74 $ 2.17 $ 2.57 $ 2.46

Dollar value of shares repurchased upon restricted stock/PSU vesting (in thousands) $ 174 $ 154 $ 1,669 $ 1,808

v3.25.3

STOCK BASED COMPENSATION (Status of Restricted Stock) (Details) - $ / shares
3 Months Ended 9 Months Ended 12 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Restricted Stock

Shares

Non-vested at beginning of period (in shares) 2,902,507 2,982,437 2,672,564 2,333,436 2,333,436

Granted (in shares) 0 196,000 1,777,287 1,857,739

Forfeited (in shares) 184,513 121,509 610,777 176,511

Vested (in shares) 190,658 219,696 1,311,738 1,177,432

Non-vested at end of period (in shares) 2,527,336 2,837,232 2,527,336 2,837,232 2,672,564

Weighted- Average Fair Value at Grant Date

Non-vested at beginning of the period (in usd per share) $ 2.55 $ 3.52 $ 3.39 $ 4.55 $ 4.55

Granted (in usd per share) 0 2.11 2.14 2.49

Forfeited (in usd per share) 2.81 3.88 3.09 3.83

Vested (in usd per share) 3.22 4.01 3.59 4.25

Non-vested at end of period (in usd per share) $ 2.48 $ 3.37 $ 2.48 $ 3.37 $ 3.39

Performance Stock Units

Shares

Non-vested at beginning of period (in shares) 1,032,718 1,544,346 1,420,665 1,616,962 1,616,962

Granted (in shares) 623,000 960,000

Forfeited (in shares) 52,966 30,568 509,230 283,782

Vested (in shares) 0 0 554,683 779,402

Non-vested at end of period (in shares) 979,752 1,513,778 979,752 1,513,778 1,420,665

Weighted- Average Fair Value at Grant Date

Non-vested at beginning of the period (in usd per share) $ 2.90 $ 3.50 $ 3.55 $ 4.52 $ 4.52

Granted (in usd per share) 2.69 2.54

Forfeited (in usd per share) 2.71 3.52 2.83 4.80

Vested (in usd per share) 0 0 4.36 3.99

Non-vested at end of period (in usd per share) $ 2.91 $ 3.50 $ 2.91 $ 3.50 $ 3.55

Performance Stock Units | 2022

Shares

Granted (in shares) 152,284

v3.25.3

STOCK BASED COMPENSATION Status of PSUs (Details) - Performance Stock Units - $ / shares
3 Months Ended 9 Months Ended 12 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Shares

Non-vested at beginning of period (in shares) 1,032,718 1,544,346 1,420,665 1,616,962 1,616,962

Granted (in shares) 623,000 960,000

Forfeited (in shares) (52,966) (30,568) (509,230) (283,782)

Vested (in shares) 0 0 (554,683) (779,402)

Non-vested at end of period (in shares) 979,752 1,513,778 979,752 1,513,778 1,420,665

Expected to vest (in shares) 979,752 1,513,778 979,752 1,513,778

Weighted- Average Fair Value at Grant Date

Non-vested at beginning of the period (in usd per share) $ 2.90 $ 3.50 $ 3.55 $ 4.52 $ 4.52

Forfeited (in usd per share) 2.71 3.52 2.83 4.80

Granted (in usd per share) 2.69 2.54

Vested (in usd per share) 0 0 4.36 3.99

Non-vested at end of period (in usd per share) 2.91 3.50 2.91 3.50 $ 3.55

Expected to vest (in usd per share) $ 2.91 $ 3.50 $ 2.91 $ 3.50

2022

Shares

Granted (in shares) 152,284

v3.25.3

INCOME TAXES (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

INCOME TAXES [Abstract]

Effective Income Tax Rate Reconciliation, Percent 15.00% (91.00%) 12.00% 139.00%

Effective income tax rate reconciliation, state and local income taxes $ 200

Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount $ 1,900

Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-Based Payment Arrangement, Amount $ 100 600 $ 2,000

Effective Income Tax Rate Reconciliation, Tax Settlement, Amount 400

Effective Income Tax Rate Reconciliation, Executive Compensation $ 400 $ 100

v3.25.3

EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2024

Earnings Per Share [Abstract]

Income from continuing operations- basic and diluted $ (4,269) $ (200) $ (14,861) $ (769)

Weighted average shares outstanding-basic 44,823 44,873 45,224 44,550

Weighted Average Number Diluted Shares Outstanding Adjustment 0 0 0 0

Options to purchase shares 236 3,271 1,824 3,325

Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares 1,200 600 400

Weighted average diluted shares outstanding 44,823 44,873 45,224 44,550

Basic earnings (loss) per share (in dollars per share) $ (0.10) $ 0 $ (0.33) $ (0.02)

Diluted earnings (loss) per share (in dollars per share) $ (0.10) $ 0 $ (0.33) $ (0.02)

v3.25.3

SEGMENT INFORMATION - Narrative (Details) - segment
6 Months Ended 9 Months Ended

Jun. 30, 2025

Sep. 30, 2025

Segment Reporting [Abstract]

Number of reportable segments 1 2

v3.25.3

SEGMENT INFORMATION - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended

Sep. 30, 2025

Jun. 30, 2025

Mar. 31, 2025

Sep. 30, 2024

Sep. 30, 2025

Sep. 30, 2025

Sep. 30, 2024

Dec. 31, 2024

Less:

Depreciation $ 11,107,000 $ 13,584,000

Amortization $ 126,000 $ 0 126,000 0

Restructuring 0 $ 4,200,000 $ 2,300,000 1,111,000 6,486,000 1,111,000 $ 1,100,000

Impairment of goodwill 0 0 7,800,000 $ 7,800,000 0

Impairment of Intangible Assets (Excluding Goodwill) 9,600,000 0 9,600,000 0

Income from equity method investment (87,000) (325,000)

Impairment of investment 0 0 0 400,000

Income (loss) before income taxes (5,041,000) (105,000) (16,839,000) 1,978,000

Capital Expenditures 1,507,000 3,107,000 5,375,000 9,751,000

CJ

Less:

Impairment of goodwill 0

Dice

Less:

Impairment of goodwill $ 7,800,000

Operating Segments

Segment Reporting Information [Line Items]

Revenues 32,123,000 35,283,000 96,451,000 107,141,000

Less:

Adjusted EBITDA 12,168,000 10,326,000 31,542,000 31,565,000

Less:

Depreciation 3,362,000 4,542,000 11,107,000 13,584,000

Amortization 126,000 0 126,000 0

Restructuring 0 1,111,000 6,486,000 1,111,000

Impairment of goodwill 7,800,000 0

Impairment of Intangible Assets (Excluding Goodwill) 9,600,000 0 9,600,000 0

Severance, professional fees and related costs, and non-cash stock based compensation 1,672,000 2,339,000 5,662,000 6,866,000

Income from equity method investment (60,000) (23,000) (87,000) (325,000)

Impairment of investment 0 400,000

Interest expense and other 614,000 755,000 1,893,000 2,546,000

Unallocated amounts:

Operating Segments | CJ

Segment Reporting Information [Line Items]

Revenues 13,937,000 13,842,000 40,940,000 40,375,000

Less:

Adjusted cost of revenues 1,718,000 1,494,000 5,162,000 4,530,000

Adjusted product development 1,351,000 1,144,000 3,868,000 3,406,000

Adjusted sales 2,026,000 1,988,000 6,163,000 6,256,000

Adjusted marketing 1,707,000 1,744,000 4,881,000 5,132,000

Adjusted general and administrative 1,188,000 1,134,000 3,142,000 3,297,000

Adjusted EBITDA 5,947,000 6,338,000 17,724,000 17,754,000

Less:

Depreciation 700,000 700,000 2,200,000 2,000,000.0

Capital Expenditures 451,000 578,000 1,098,000 1,972,000

Operating Segments | Dice

Segment Reporting Information [Line Items]

Revenues 18,186,000 21,441,000 55,511,000 66,766,000

Less:

Adjusted cost of revenues 2,874,000 3,573,000 9,819,000 10,548,000

Adjusted product development 1,541,000 3,604,000 5,738,000 10,868,000

Adjusted sales 3,109,000 4,634,000 11,575,000 14,789,000

Adjusted marketing 2,259,000 3,219,000 8,069,000 9,945,000

Adjusted general and administrative 2,182,000 2,423,000 6,492,000 6,805,000

Adjusted EBITDA 6,221,000 3,988,000 13,818,000 13,811,000

Less:

Depreciation 2,700,000 3,900,000 8,900,000 11,600,000

Capital Expenditures 1,056,000 2,529,000 4,277,000 7,779,000

Corporate

Less:

Other corporate expenses $ 1,895,000 $ 1,707,000 $ 5,794,000 $ 5,405,000

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DOCUMENT AND ENTITY INFORMATION - shares	9 Months Ended
DOCUMENT AND ENTITY INFORMATION - shares	Sep. 30, 2025	Oct. 31, 2025
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2025
Entity Registrant Name	DHI Group, Inc.
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Small Business	true
Entity Common Stock, Shares Outstanding		47,157,027
Entity File Number	001-33584
Entity Tax Identification Number	20-3179218
Entity Address, Address Line One	6465 South Greenwood Plaza
Entity Address, City or Town	Centennial
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80111
Local Phone Number	978-3737
Entity Interactive Data Current	Yes
City Area Code	515
Entity Central Index Key	0001393883
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Address, Address Line Two	Suite 400
Entity Incorporation, State or Country Code	DE
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	DHX
Security Exchange Name	NYSE
Preferred Stock Purchase Rights
Document Information [Line Items]
Title of 12(b) Security	Preferred Stock Purchase Rights

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash	$ 2,296	$ 3,702
Accounts receivable, net of allowance for credit losses of $1,312 and $1,691	16,102	22,120
Income Taxes Receivable	1,937	238
Prepaid and other current assets	3,590	3,593
Total current assets	23,925	29,653
Fixed assets, net	14,918	20,390
Acquired intangible assets, net	15,674	23,800
Capitalized contract costs	6,867	7,465
Goodwill	120,612	128,100
Operating lease right-of-use-assets (as reported)	5,772	6,518
Other assets	2,786	3,618
Equity Method Investments	1,922	1,827
Total assets	192,476	221,371
Current liabilities
Accounts payable and accrued expenses	13,474	16,154
Operating lease liabilities - current	1,732	1,625
Deferred revenue	40,714	44,934
Total current liabilities	55,920	62,713
Long-term debt, net	30,000	32,000
Deferred Revenue, Noncurrent	268	522
Accrual for unrecognized tax benefits	751	1,060
Deferred Tax Liabilities, Tax Deferred Income	182	1,369
Operating lease liabilities - non-current (as reported)	7,757	8,995
Other long-term liabilities	321	387
Total liabilities	95,199	107,046
Stockholders equity
Common stock, $.01 par value, authorized 240,000; issued: 82,581 and 80,881 shares, respectively; outstanding: 47,350 and 48,217 shares, respectively	828	811
Additional paid-in capital	274,097	270,122
Accumulated other comprehensive loss	8	1
Accumulated earnings	17,620	32,481
Treasury stock, 35,231 and 32,664 shares, respectively	(195,276)	(189,090)
Total stockholders' equity	97,277	114,325
Total liabilities and stockholders’ equity	$ 192,476	221,371
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Shares Authorized	20,000,000
Preferred Stock, Shares Outstanding	0
Convertible Preferred Stock
Stockholders equity
Convertible preferred stock, $.01 par value, authorized 20,000 shares; no shares issued and outstanding	$ 0	$ 0
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Outstanding	0	0
Series 1 Participating Preferred Stock
Stockholders equity
Convertible preferred stock, $.01 par value, authorized 20,000 shares; no shares issued and outstanding	$ 0	$ 0
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	240,000	240,000
Preferred Stock, Shares Outstanding	0	0

Statement of Income (Statement) - USD ($) shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Income Statement [Abstract]
Revenue	$ 32,123,000	$ 35,283,000	$ 96,451,000	$ 107,141,000
Operating expenses:
Cost of revenue	4,589,000	5,068,000	15,069,000	15,145,000
Product development	2,877,000	4,776,000	9,857,000	14,303,000
Sales and marketing	9,082,000	11,585,000	30,751,000	36,302,000
General and administrative	6,974,000	7,574,000	20,688,000	22,097,000
Depreciation on continuing operations	3,362,000	4,542,000	11,107,000	13,584,000
Amortization	126,000	0	126,000	0
Restructuring	0	1,111,000	6,486,000	1,111,000
Impairment of Intangible Assets (Excluding Goodwill)	9,600,000	0	9,600,000	0
Total operating expenses	36,610,000	34,656,000	111,484,000	102,542,000
Operating income (loss)	(4,487,000)	627,000	(15,033,000)	4,599,000
Interest expense and other	614,000	755,000	1,893,000	2,546,000
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount	60,000	23,000	87,000	325,000
Gain (Loss) on Investments	0	0	0	(400,000)
Impairment of goodwill	0	0	7,800,000	0
Income (loss) before income taxes	(5,041,000)	(105,000)	(16,839,000)	1,978,000
Income tax expense (benefit)	(772,000)	95,000	(1,978,000)	2,747,000
Net loss	$ (4,269,000)	$ (200,000)	$ (14,861,000)	$ (769,000)
Basic earnings (loss) per share (in dollars per share)	$ (0.10)	$ 0	$ (0.33)	$ (0.02)
Diluted earnings (loss) per share (in dollars per share)	$ (0.10)	$ 0	$ (0.33)	$ (0.02)
Weighted average basic shares outstanding	44,823	44,873	45,224	44,550
Weighted average diluted shares outstanding	44,823	44,873	45,224	44,550

CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY Statement - USD ($) $ in Thousands	Total	Convertible Preferred Stock	Series 1 Participating Preferred Stock	Restricted Stock	Performance Stock Units	Preferred Stock Convertible Preferred Stock	Preferred Stock Series 1 Participating Preferred Stock	Common Stock	Common Stock Restricted Stock	Common Stock Performance Stock Units	Additional Paid-in Capital [Member]	Additional Paid-in Capital [Member] Restricted Stock	Additional Paid-in Capital [Member] Performance Stock Units	Accumulated Earnings (Loss) [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock, Common	Treasury Stock, Common Restricted Stock	Treasury Stock, Common Performance Stock Units
Beginning balance (in shares) at Dec. 31, 2023						0
Beginning balance (in shares) at Dec. 31, 2023								78,764,000
Beginning balance at Dec. 31, 2023	$ 107,542					$ 0		$ 789			$ 261,824			$ 32,228	$ (83)	$ (187,216)
Beginning balance (in shares) at Dec. 31, 2023																31,889,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(1,512)													(1,512)
Other comprehensive loss - translation adjustments	22														22
Stock-based compensation	2,144										2,144
Restricted stock issued (in shares)								1,344,000
Restricted stock issued	0							$ 13			(13)
Performance-Based Restricted Stock Units eligible to vest (in shares)								457,000
Performance-Based Restricted Stock Units eligible to vest	0							$ 5			(5)
Shares forfeited or withheld to satisfy tax obligations (in shares)									(1,000)	0							(304,000)	(342,000)
Share-based payment arrangement, decrease for tax withholding obligation				$ (750)	$ (861)				$ 0	$ 0		$ 0	$ 0				$ (750)	$ (861)
Ending balance (in shares) at Mar. 31, 2024						0
Ending balance (in shares) at Mar. 31, 2024								80,564,000
Ending balance at Mar. 31, 2024	106,585					$ 0		$ 807			263,950			30,716	(61)	$ (188,827)
Ending balance (in shares) at Mar. 31, 2024																32,535,000
Beginning balance (in shares) at Dec. 31, 2023						0
Beginning balance (in shares) at Dec. 31, 2023								78,764,000
Beginning balance at Dec. 31, 2023	$ 107,542					$ 0		$ 789			261,824			32,228	(83)	$ (187,216)
Beginning balance (in shares) at Dec. 31, 2023																31,889,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock Issued During Period, Shares, Employee Stock Purchase Plans	81,874
Ending balance (in shares) at Sep. 30, 2024						0
Ending balance (in shares) at Sep. 30, 2024								80,966,000
Ending balance at Sep. 30, 2024	$ 111,312					$ 0		$ 811			268,066			31,459	0	$ (189,024)
Ending balance (in shares) at Sep. 30, 2024																32,625,000
Beginning balance (in shares) at Mar. 31, 2024						0
Beginning balance (in shares) at Mar. 31, 2024								80,564,000
Beginning balance at Mar. 31, 2024	106,585					$ 0		$ 807			263,950			30,716	(61)	$ (188,827)
Beginning balance (in shares) at Mar. 31, 2024																32,535,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	943													943
Other comprehensive loss - translation adjustments	31														31
Stock-based compensation	2,160										2,160
Restricted stock issued (in shares)								318,000
Restricted stock issued	0							$ 3			(3)
Shares forfeited or withheld to satisfy tax obligations (in shares)									(54,000)	(8,000)							(15,000)	(4,000)
Share-based payment arrangement, decrease for tax withholding obligation				(34)	(8)				$ (1)	$ 0		1	0				$ (34)	$ (8)
APIC, Share-Based Payment Arrangement, ESPP, Increase for Cost Recognition	146												145
Stock Issued During Period, Value, Employee Stock Purchase Plan										$ 1
Stock Issued During Period, Shares, Employee Stock Purchase Plans										82,000
Ending balance (in shares) at Jun. 30, 2024						0
Ending balance (in shares) at Jun. 30, 2024								80,902,000
Ending balance at Jun. 30, 2024	109,823					$ 0		$ 810			266,253			31,659	(30)	$ (188,869)
Ending balance (in shares) at Jun. 30, 2024																32,554,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(200)													(200)
Other comprehensive loss - translation adjustments	30														30
Stock-based compensation	1,814										1,814
Restricted stock issued (in shares)								196,000
Restricted stock issued	$ 0							$ 2			(2)
Shares forfeited or withheld to satisfy tax obligations (in shares)									(122,000)	(10,000)							(71,000)	0
Share-based payment arrangement, decrease for tax withholding obligation				(155)	0				$ (1)	$ 0		1	0				$ (155)	$ 0
Stock Issued During Period, Shares, Employee Stock Purchase Plans	0
Ending balance (in shares) at Sep. 30, 2024						0
Ending balance (in shares) at Sep. 30, 2024								80,966,000
Ending balance at Sep. 30, 2024	$ 111,312					$ 0		$ 811			268,066			31,459	0	$ (189,024)
Ending balance (in shares) at Sep. 30, 2024																32,625,000
Beginning balance (in shares) at Dec. 31, 2024		0	0			0	0
Beginning balance (in shares) at Dec. 31, 2024	48,217,000							80,881,000
Beginning balance at Dec. 31, 2024	$ 114,325					$ 0	$ 0	$ 811			270,122			32,481	1	$ (189,090)
Beginning balance (in shares) at Dec. 31, 2024	32,664,000															32,664,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	$ (9,751)													(9,751)
Other comprehensive loss - translation adjustments	(33)														(33)
Stock-based compensation	1,092										1,092
Restricted stock issued (in shares)								844,000
Restricted stock issued	0							$ 8			(8)
Performance-Based Restricted Stock Units eligible to vest (in shares)								583,000
Performance-Based Restricted Stock Units eligible to vest	0							$ 6			(6)
Shares forfeited or withheld to satisfy tax obligations (in shares)									(393,000)	(83,000)							(331,000)	(243,000)
Share-based payment arrangement, decrease for tax withholding obligation				(849)	(620)				$ (4)	$ (1)		4	1				$ (849)	$ (620)
Purchase of treasury stock under stock repurchase plan (in shares)																312,000
Purchase of treasury stock under stock repurchase plan	(666)															$ (666)
Ending balance (in shares) at Mar. 31, 2025						0	0
Ending balance (in shares) at Mar. 31, 2025								81,832,000
Ending balance at Mar. 31, 2025	$ 103,498					$ 0	$ 0	$ 820			271,205			22,730	(32)	$ (191,225)
Ending balance (in shares) at Mar. 31, 2025																33,550,000
Beginning balance (in shares) at Dec. 31, 2024		0	0			0	0
Beginning balance (in shares) at Dec. 31, 2024	48,217,000							80,881,000
Beginning balance at Dec. 31, 2024	$ 114,325					$ 0	$ 0	$ 811			270,122			32,481	1	$ (189,090)
Beginning balance (in shares) at Dec. 31, 2024	32,664,000															32,664,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock Issued During Period, Shares, Employee Stock Purchase Plans	54,229
Ending balance (in shares) at Sep. 30, 2025	0	0	0			0	0
Ending balance (in shares) at Sep. 30, 2025	47,350,000							82,581,000
Ending balance at Sep. 30, 2025	$ 97,277					$ 0	$ 0	$ 828			274,097			17,620	8	$ (195,276)
Ending balance (in shares) at Sep. 30, 2025	35,231,000															35,231,000
Beginning balance (in shares) at Mar. 31, 2025						0	0
Beginning balance (in shares) at Mar. 31, 2025								81,832,000
Beginning balance at Mar. 31, 2025	$ 103,498					$ 0	$ 0	$ 820			271,205			22,730	(32)	$ (191,225)
Beginning balance (in shares) at Mar. 31, 2025																33,550,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(841)													(841)
Other comprehensive loss - translation adjustments	18														18
Stock-based compensation	1,535										1,535
Restricted stock issued (in shares)								933,000
Restricted stock issued	0							$ 9			(9)
Shares forfeited or withheld to satisfy tax obligations (in shares)									(33,000)	(4,000)							(9,000)	(3,000)
Share-based payment arrangement, decrease for tax withholding obligation				(19)	(7)				$ 0	$ 0		0	0				$ (19)	$ (7)
Purchase of treasury stock under stock repurchase plan (in shares)																865,000
Purchase of treasury stock under stock repurchase plan	(1,769)															$ (1,769)
APIC, Share-Based Payment Arrangement, ESPP, Increase for Cost Recognition	81												80
Stock Issued During Period, Value, Employee Stock Purchase Plan										$ 1
Stock Issued During Period, Shares, Employee Stock Purchase Plans										54,000
Ending balance (in shares) at Jun. 30, 2025						0	0
Ending balance (in shares) at Jun. 30, 2025								82,782,000
Ending balance at Jun. 30, 2025	102,496					$ 0	$ 0	$ 830			272,811			21,889	(14)	$ (193,020)
Ending balance (in shares) at Jun. 30, 2025																34,427,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(4,269)													(4,269)
Other comprehensive loss - translation adjustments	22														22
Stock-based compensation	1,284										1,284
Shares forfeited or withheld to satisfy tax obligations (in shares)									(184,000)	(17,000)							(63,000)
Share-based payment arrangement, decrease for tax withholding obligation				$ (174)	$ 0				$ (2)	$ 0		$ 2	$ 0				$ (174)
Purchase of treasury stock under stock repurchase plan (in shares)																741,000
Purchase of treasury stock under stock repurchase plan	$ (2,082)															$ (2,082)
Stock Issued During Period, Shares, Employee Stock Purchase Plans	0
Ending balance (in shares) at Sep. 30, 2025	0	0	0			0	0
Ending balance (in shares) at Sep. 30, 2025	47,350,000							82,581,000
Ending balance at Sep. 30, 2025	$ 97,277					$ 0	$ 0	$ 828			$ 274,097			$ 17,620	$ 8	$ (195,276)
Ending balance (in shares) at Sep. 30, 2025	35,231,000															35,231,000

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended			9 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2025	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2025	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net loss	$ (4,269,000)	$ (200,000)		$ (14,861,000)		$ (769,000)
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation				11,107,000		13,584,000
Amortization	126,000	0		126,000		0
Deferred income taxes				(1,187,000)		(350,000)
Amortization of deferred financing costs				109,000		109,000
Stock-based compensation				3,911,000		6,118,000
Income from equity method investment				(87,000)		(325,000)
Change in accrual for unrecognized tax benefits				(309,000)		174,000
Impairment on investment		300,000	$ 400,000	0		400,000
Impairment of Intangible Assets (Excluding Goodwill)	9,600,000	0		9,600,000		0
Impairment of goodwill	0	0		7,800,000	$ 7,800,000	0
Changes in operating assets and liabilities:
Accounts receivable				6,018,000		2,572,000
Prepaid expenses and other assets				726,000		489,000
Capitalized contract costs				598,000		(714,000)
Accounts payable and accrued expenses				(3,048,000)		(1,808,000)
Income taxes receivable/payable				(1,699,000)		(96,000)
Deferred revenue				(4,475,000)		(3,058,000)
Other, net				(452,000)		350,000
Net cash flows from operating activities				13,877,000		16,676,000
Payments to Acquire Businesses, Net of Cash Acquired				(1,400,000)		0
Cash flows from (used in) investing activities:
Purchases of fixed assets				(5,778,000)		(11,146,000)
Net cash flows used in investing activities				(7,178,000)		(11,146,000)
Cash flows from (used in) financing activities:
Payments on long-term debt				(8,000,000)		(19,000,000)
Proceeds from long-term debt				6,000,000		13,000,000
Payments under stock repurchase plan				(4,517,000)		0
Purchase of treasury stock related to taxes on vested restricted and performance stock units				(1,669,000)		(1,808,000)
Proceeds from Issuance of Common Stock				81,000		145,000
Net cash flows used in financing activities				(8,105,000)		(7,663,000)
Net change in cash for the period				(1,406,000)		(2,133,000)
Cash, beginning of period			$ 4,206,000	3,702,000		4,206,000
Cash, end of period	$ 2,296,000	$ 2,073,000		$ 2,296,000	$ 2,296,000	$ 2,073,000

ORGANIZATION AND PRINCIPAL ACTIVITIES (Notes)	9 Months Ended
ORGANIZATION AND PRINCIPAL ACTIVITIES (Notes)	Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements of DHI Group, Inc. (“DHI” or the “Company” or "we," "our" or "us") have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and disclosures normally included in annual audited consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) have been omitted and condensed pursuant to such rules and regulations. In the opinion of the Company’s management, all adjustments have been made to present fairly the financial position, results of operations and cash flows of the Company for the periods presented. Although the Company believes that the disclosures are adequate to make the information presented not misleading, these financial statements should be read in conjunction with the Company’s audited consolidated financial statements as of and for the year ended December 31, 2024 included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report on Form 10-K”). Operating results for the three and nine-month periods ended September 30, 2025 are not necessarily indicative of the results to be achieved for the full year or any other future period. Preparation of the condensed consolidated 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 at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the period. Management believes the most complex and sensitive judgments, because of their significance to the condensed consolidated financial statements, result primarily from the need to make estimates about the effects of matters that are inherently uncertain. Actual results could differ materially from management’s estimates reported in the condensed consolidated financial statements and footnotes thereto. There have been no significant changes in the Company’s assumptions regarding critical accounting estimates during the three and nine-month periods ended September 30, 2025.

SIGNIFCANT ACCOUNTING POLICIES (Notes)	9 Months Ended
SIGNIFCANT ACCOUNTING POLICIES (Notes)	Sep. 30, 2025
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	2. NEW ACCOUNTING STANDARDS In December 2023, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") 2023-09, Improvements to Income Tax Disclosures. The new accounting standard requires more detailed disclosures regarding the effective tax rate reconciliation and income taxes paid. The standard is effective for annual reporting periods beginning after December 15, 2024, and may be applied on either a prospective or retrospective basis, with early adoption permitted. We are currently evaluating the effect of the standard on the Company's financial statement disclosures. In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40) ("ASU 2024-03"). ASU 2024-03 will require companies to disaggregate, within the notes to the financial statements, certain expenses presented on the face of the financial statements to enhance transparency and help investors better understand an entity's performance. The amendment will specifically require that an entity disclose the amounts related to purchases of inventory, employee compensation, depreciation and intangible asset amortization. Entities will also be required to provide a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, disclose the total amount of selling expenses and, in annual reporting periods, provide a definition of what constitutes selling expenses. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2024-03 on the Company’s financial statement disclosures. In September 2025, the FASB issued ASU No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software ("ASU 2025-06"). ASU 2025-06 addresses stakeholder and investor concerns on the challenges of applying current internal-use software accounting requirements that do not specifically address software developed using modern incremental and iterative methods, which has led to diversity in practice in determining when to begin capitalizing software costs. ASU 2025-06 requires software costs to be capitalized when management has authorized or committed to funding the software project, and it is probable that the project will be completed and software will be used to perform the function intended. The amendment removes all references to project development stages so that guidance is neutral to different software development methods. The amendments in ASU 2025-06 are effective for annual and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impact of the adoption of ASU 2025-06 on the Company's financial statement disclosures.

FAIR VALUE MEASUREMENTS	9 Months Ended
FAIR VALUE MEASUREMENTS	Sep. 30, 2025
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The FASB Accounting Standards Codification ("ASC") topic on Fair Value Measurements and Disclosures defines fair value, establishes a framework for measuring fair value and requires certain disclosures for each major asset and liability category measured at fair value on either a recurring or nonrecurring basis. As a basis for considering assumptions, a three-tier fair value hierarchy is used, which prioritizes the inputs used in measuring fair value as follows: •Level 1 – Quoted prices for identical instruments in active markets. •Level 2 – Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets. •Level 3 – Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The carrying amounts reported in the condensed consolidated balance sheets for cash, accounts receivable, other assets, accounts payable and accrued expenses and long-term debt approximate their fair values. The estimated fair value of long-term debt is based on Level 2 inputs. Certain assets and liabilities are measured at fair value on a non-recurring basis as they are subject to fair value adjustments in certain circumstances, for example, when there is evidence of impairment. Such instruments are not measured at fair value on an ongoing basis. These assets include equity investments, operating lease right-of-use assets, and goodwill and intangible assets which resulted from prior acquisitions. Items valued using such internally generated valuation techniques are classified according to the lowest level input or value driver that is significant to the valuation. Thus, an item may be classified in Level 3 even though there may be some significant inputs that are readily observable.

RESTRUCTURE COSTS	9 Months Ended
RESTRUCTURE COSTS	Sep. 30, 2025
Restructuring and Related Activities [Abstract]
RESTRUCTURE COSTS	5. RESTRUCTURING In July 2024, the Company announced an organizational restructuring intended to streamline its operations, drive business objectives, and reduce operating costs. This included a reduction of the Company’s then-current workforce by approximately 7%. As a result of the restructuring, the Company recognized a charge of $1.1 million during the year ended December 31, 2024. All severance costs related to the July 2024 restructuring were paid during the year ended December 31, 2024. In January 2025, the Company announced an additional organizational restructuring intended to separate its two brands, ClearanceJobs and Dice, into distinct divisions, provide dedicated leadership for each brand to foster a unified vision and strategy tailored to each brands' market dynamics, and to reduce operating costs. This restructuring included a reduction of the Company’s then-current workforce by approximately 8%. As a result of the restructuring, the Company recognized a charge of $2.3 million during the first quarter of 2025 related to employee severance costs, of which substantially all was paid during the nine months ended September 30, 2025. In June 2025, the Company announced an additional organizational restructuring intended to reduce the operating costs of its Dice brand. This included a reduction of the Company’s then current workforce by approximately 25% primarily by reducing headcount within the Company's Dice brand and associated back-office support. As a result of the restructuring, the Company recognized a charge of $4.2 million during the second quarter of 2025 related to severance costs, of which $2.5 million and $2.7 million was paid during the three and nine months ended September 30, 2025, respectively. The remaining severance costs are expected to be substantially paid by March 31, 2026.

INVESTMENTS (Notes)	9 Months Ended
INVESTMENTS (Notes)	Sep. 30, 2025
Investments [Abstract]
Investment	eFinancialCareers During the third quarter of 2023, the Company sold a portion of its ownership in eFinancialCareers ("eFC") reducing its total interest in eFC from 40% to 10%. As a result of the sale, the Company received cash of $4.9 million and recognized a $0.6 million gain, which included a $0.2 million charge related to accumulated foreign currency loss that was previously a reduction to equity. The Company's investment in eFC was recorded at $1.9 million at September 30, 2025 and at $1.8 million at December 31, 2024. eFC is a financial services careers website, operating websites in multiple markets in four languages mainly across the United Kingdom, Continental Europe, Asia, the Middle East and North America. Professionals from across many sectors of the financial services industry, including asset management, risk management, investment banking, and information technology, use eFC to advance their careers. The Company has evaluated its common share interest in the eFC business and has determined the investment meets the definition and criteria of a variable interest entity ("VIE"). The Company evaluated the VIE and determined that the Company does not have a controlling financial interest in the VIE, as the Company does not have the power to direct the activities of the VIE that most significantly impact the VIE's economic performance. The common share interest is being accounted for under the equity method of accounting as the Company has the ability to exercise significant influence over eFC. The investment was recorded at its fair value on June 30, 2021, the date of transfer, which was $3.6 million. The Company's equity in the net assets of eFC as of June 30, 2021 was $2.2 million. The difference between the Company's recorded value and its equity in net assets of eFC was reduced during the third quarter of 2023, as described above, as the Company reduced its ownership in eFC. The remaining basis difference at the time of sale was $0.3 million and is being amortized against the recorded value of the investment in accordance with ASC 323 Investments - Equity Method and Joint Ventures. Amortization expense during the three and nine-month periods ended September 30, 2025 and 2024 was not significant. The recorded value is further adjusted based on the Company's proportionate share of eFC's net income and is recorded three months in arrears. The Company recorded income related to its proportionate share of eFC's net income, net of currency translation adjustments and amortization of the basis difference of $0.1 million for each of the three and nine-month periods ended September 30, 2025 and of approximately zero and $0.3 million for the three and nine-month periods ended September 30, 2024, respectively. Other During 2021, the Company invested $3.0 million through a subordinated convertible promissory note (the "Note") with a values-based career destination company that allows the next generation workforce to search for jobs at companies whose people, perks and values align with their unique professional needs. The investment was recorded as a trading security at fair value and was recorded at $3.0 million as of December 31, 2021. In the third quarter of 2022, the Note was converted into preferred shares representing 4.9% of the outstanding equity in the underlying business, on a fully-diluted basis. The Company's preferred shares were substantially similar to shares purchased by a third party investor that resulted in such investor becoming the majority owner of the business. Therefore the Company's shares in the business were recorded at fair value based on the price per share realized in the conversion. The value of the Company's investment was $0.7 million as of December 31, 2022 and was recorded as an investment in the consolidated balance sheet. During the third quarter of 2023, the investment's financial position deteriorated. To meet its financial obligations, the investment issued convertible debt at a price that indicated the value of the investment had declined. As a result, the Company revalued its investment to $0.4 million and accordingly, recognized an impairment loss of $0.3 million during the third quarter of 2023. During the first quarter of 2024, the investment's financial position further deteriorated. To meet its financial obligations, the investment issued additional convertible debt at a price that indicated the value of the investment had declined and which brought the Company's ownership of the investment, on a fully diluted basis, to less than 0.10%. As a result, the Company revalued its investment to zero and accordingly, recognized an impairment loss of $0.4 million during the first quarter of 2024. During the third quarter of 2025, the third party investor sold the assets of the business with no proceeds allocated to the preferred and common shareholders, including the Company. At September 30, 2025, the Company held preferred stock representing a 6.6% interest in the fully diluted shares of a tech skills assessment company. The investment is recorded at zero as of September 30, 2025 and December 31, 2024. The Company recorded no gain or loss related to the investment during the three and nine-month periods ended September 30, 2025 and 2024.

ACQUIRED INTANGIBLE ASSETS, NET	9 Months Ended
ACQUIRED INTANGIBLE ASSETS, NET	Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Disclosure	ACQUIRED INTANGIBLE ASSETS, NET Dice Trademarks and Brand Name As of September 30, 2025 and December 31, 2024 the Company had an indefinite-lived acquired intangible asset of $14.2 million and $23.8 million, respectively, related to the Dice trademarks and brand name. Considering the recognition of the Dice brand, its long history, awareness in the talent acquisition and staffing services market, and the intended use, the remaining useful life of the Dice trademarks and brand name was determined to be indefinite. We determine whether the carrying value of recorded indefinite-lived acquired intangible assets is impaired on an annual basis or more frequently if indicators of potential impairment exist. The annual impairment test for the Dice trademarks and brand name is performed on October 1 of each year. The impairment review process compares the fair value of the indefinite-lived acquired intangible assets to its carrying value. If the carrying value exceeds the fair value, an impairment loss is recorded. The determination of whether or not indefinite-lived acquired intangible assets have become impaired involves a significant level of judgment in the assumptions underlying the approach used to determine the value of the indefinite-lived acquired intangible assets. Fair values are determined using a relief from royalty rate methodology which estimates the value of the trademarks and brand name based on the amount of royalty income it could generate if it was licensed, in an arm's length transaction, to a third party. We consider factors such as historical performance, anticipated market conditions, operating expense trends and capital expenditure requirements. Changes in our strategy and/or changes in market conditions could significantly impact these judgments and require adjustments to recorded amounts of intangible assets. If projections are not achieved, the Company could realize an impairment in the foreseeable future. During the third quarter of 2025, because of the continuing impacts of tariffs, Department of Government Efficiency Workforce Optimization initiative (DOGE), and artificial intelligence (AI) models lowering the demand for technology professionals, when combined with the demand impacts of uncertainty surrounding the U.S. federal budget in the third quarter, and the subsequent shut-down of the U.S. government, the Company recorded an impairment charge of $9.6 million, reducing the carrying value of the Dice trademarks and brand name to $14.2 million. No impairment was recorded during the three and nine-month periods ended September 30, 2024. The projections utilized in the October 1, 2025 analysis included lower revenues in the near term due to tariffs, DOGE initiatives, AI, and uncertainty surrounding the U.S. government budget and then increasing revenues at rates approximating industry growth projections. The Company’s ability to achieve these revenue projections may be impacted by, among other things, uncertainty related to demand for technology professionals, competition in the technology recruiting market, challenges in developing and introducing new products and product enhancements to the market and the Company’s ability to attribute value delivered to customers. If future cash flows that are attributable to the Dice trademarks and brand name are not achieved, the Company could realize an impairment in a future period. AgileATS Technology As discussed in Note 8, the Company recorded a $1.5 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS technology. The intangible asset is being amortized over its estimated remaining useful life of two years. During each of the three and nine month-periods ended September 30, 2025, the Company recorded $0.1 million of amortization expense associated with the AgileATS technology. The carrying amount at September 30, 2025 was $1.4 million. AgileATS Tradename As discussed in Note 8, the Company recorded a $0.1 million definite lived intangible asset during the third quarter of 2025 related to the AgileATS tradename. The intangible asset is being amortized over its estimated remaining useful life of two years. Amortization expense during the three and nine month-periods ended September 30, 2025 was insignificant. The carrying amount at September 30, 2025 was $0.1 million.

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	. COMMITMENTS AND CONTINGENCIES Litigation The Company is subject to various claims from taxing authorities, lawsuits and other complaints arising in the ordinary course of business. The Company records provisions for losses when claims become probable and the amounts are reasonably estimable. Although the outcome of these legal matters, except as described below and recorded in the condensed consolidated financial statements, cannot be determined, it is the opinion of management that the final resolution of these matters will not have a material effect on the Company’s financial condition, operations or liquidity. Tax Contingencies The Company operates in a number of tax jurisdictions and is routinely subject to examinations by various tax authorities with respect to income taxes and indirect taxes. The determination of the Company’s liability for taxes requires judgment and estimation. The Company has reserved for potential examination adjustments to our provision for income taxes and accrual of indirect taxes in amounts which the Company believes are reasonable.

INCOME TAXES (Notes)	9 Months Ended
INCOME TAXES (Notes)	Sep. 30, 2025
Income Tax Contingency [Line Items]
Income Tax Disclosure [Text Block]	INCOME TAXES The Company’s effective tax rate was 15% and 12% for the three and nine months ended September 30, 2025, respectively, and (91)% and 139% for the three and nine months ended September 30, 2024, respectively. The following items caused the effective rate to differ from the statutory rate: •Tax expense of $0.6 million during the nine months ended September 30, 2025, and $0.1 million and $2.0 million during the three and nine months ended September 30, 2024, respectively, from the tax impacts of share-based compensation awards. •A tax benefit of $0.4 million during the nine months ended September 30, 2025, from the completion of a federal tax examination related to research credits. •Tax expense of $0.4 million and $0.1 million during the three and nine months ended September 30, 2025, respectively, from deduction limitations on executive compensation. •Tax expense of $1.9 million during the nine months ended September 30, 2025, from nondeductible impairment charges. •Tax expense of $0.2 million during the nine months ended September 30, 2024, from state taxes related to research and development expenditures. On July 4, 2025, the legislation commonly known as the One Big Beautiful Bill Act ("OBBBA") was signed into law. The changes resulting from the tax provisions in OBBBA include accelerated tax deductions for qualified domestic research expenditures. The Company expects a favorable cash flow impact in 2025 and 2026 from these changes. However, the Company does not expect its effective tax rate to be materially impacted by OBBBA.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details)	Sep. 30, 2023 Rate
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest	10.00%

REVENUE RECOGNITION Revenue Recognition - Performance Obligations (Details) - Tech [Member] $ in Thousands	Sep. 30, 2025 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Tech-focused revenue, remaining performance obligation	$ 40,982
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Tech-focused revenue, remaining performance obligation	$ 23,814
Tech-focused revenue, expected timing of satisfaction	3 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Tech-focused revenue, remaining performance obligation	$ 17,024
Tech-focused revenue, expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Tech-focused revenue, remaining performance obligation	$ 130
Tech-focused revenue, expected timing of satisfaction	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Tech-focused revenue, remaining performance obligation	$ 14
Tech-focused revenue, expected timing of satisfaction	1 year

RESTRUCTURE COSTS (Details) - USD ($) $ in Thousands				3 Months Ended				9 Months Ended		12 Months Ended
RESTRUCTURE COSTS (Details) - USD ($) $ in Thousands	Jun. 23, 2025	Jan. 13, 2025	Jul. 01, 2024	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, number of positions eliminated, period percent	25.00%	8.00%	7.00%
Restructuring costs				$ 0	$ 4,200	$ 2,300	$ 1,111	$ 6,486	$ 1,111	$ 1,100
Severance Costs				$ 2,500				$ 2,700

LEASES (Details) - USD ($)	3 Months Ended		9 Months Ended
LEASES (Details) - USD ($)	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024
Lessee, Lease, Description [Line Items]
Operating lease right-of-use-assets (as reported)	$ 5,772,000		$ 5,772,000		$ 6,518,000
Operating lease liability	9,489,000		9,489,000		$ 10,620,000
Operating lease, impairment loss	$ 0	$ 0	$ 0	$ 0
Minimum
Lessee, Lease, Description [Line Items]
Lease term of contract (in years)	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term of contract (in years)	10 years		10 years

LEASES (Lease Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
LEASES (Lease Cost) (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Leases [Abstract]
Operating lease cost(1)	$ 431	$ 419	$ 1,274	$ 1,255
Sublease Income	0	(20)	0	(50)
Lease, Cost	$ 431	$ 399	1,274	1,205
Cash paid for amounts included in measurement of lease liabilities:
Operating cash flows from operating leases			1,658	1,110
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability			$ 119	$ 2,930

LEASES (Supplemental Balance Sheet Information) (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Leases [Abstract]
Operating lease right-of-use-assets (as reported)	$ 5,772	$ 6,518
Operating lease liabilities - current	1,732	1,625
Operating lease liabilities - non-current (as reported)	7,757	8,995
Total operating lease liabilities	$ 9,489	$ 10,620
Weighted Average Remaining Lease Term (in years)
Operating leases	7 years	7 years 4 months 24 days
Weighted Average Discount Rate
Operating leases	5.70%	5.50%

LEASES (Maturities of Lease Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Operating Lease, After Adoption of 842
Oct 1, 2025 through December 31, 2025	$ 556
2025	2,239
2026	1,359
2027	1,304
2028	1,333
2030 and thereafter	4,858
Lessee, Operating Lease, Liability, Payments, Due	11,649
Less: imputed interest	(2,160)
Total	$ 9,489	$ 10,620

INVESTMENTS (Details) - USD ($)	3 Months Ended				9 Months Ended
INVESTMENTS (Details) - USD ($)	Sep. 30, 2025	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2025	Sep. 30, 2024	Dec. 31, 2024	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Segment Reporting Information [Line Items]
Equity Method Investment, Underlying Equity in Net Assets											$ 2,200,000
Interest in Diluted Shares of Cost Method Investment									4.90%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest				10.00%
Disposal Group, Including Discontinued Operation, Foreign Currency Translation Gains (Losses)				$ 200,000
Investments, Fair Value Disclosure										$ 3,000,000
Investment Interest Rate	6.60%				6.60%
Equity Method Investments, Fair Value Disclosure											$ 3,600,000
Impairment on investment		$ 300,000	$ 400,000		$ 0	$ 400,000
Income from equity method investments					87,000	325,000
Investment ownership percentage (less than)			0.10%
Investment Owned, at Fair Value	$ 0		$ 0	400,000	0			$ 700,000
Gain (Loss) on Investments	0	0			0	(400,000)
Investment Owned, at Fair Value	0		$ 0	400,000	0			$ 700,000
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount	(60,000)	(23,000)			(87,000)	(325,000)
Gain (Loss) on Investments	0	0			0	(400,000)
eFinancial Careers
Segment Reporting Information [Line Items]
Equity method investment, difference between carrying amount and underlying equity				300,000
Income from equity method investments		$ 0			100,000	$ 300,000
eFinancial Careers
Segment Reporting Information [Line Items]
Proceeds from Sale of Equity Method Investments				4,900,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners, Common Stock Interest										40.00%
Debt and Equity Securities, Unrealized Gain (Loss)				600,000
Investment Owned, at Fair Value	1,900,000				1,900,000		$ 1,800,000
Investment Owned, at Fair Value	$ 1,900,000				$ 1,900,000		$ 1,800,000
Debt and Equity Securities, Unrealized Gain (Loss)				$ 600,000

BUSINESS COMBINATION - Narrative (Details) - AgileATS $ in Millions	Jul. 31, 2025 USD ($)
Business Combination [Line Items]
Acquired finite-lived intangible assets, weighted average useful life	2 years
Business Combination, Acquisition-Related Cost, Expense	$ 0.2
Measurement Input, Royalty Rate
Business Combination [Line Items]
Business combination, consideration transferred, measurement input	0.030
Measurement Input, Income Tax Rate
Business Combination [Line Items]
Business combination, consideration transferred, measurement input	0.253
Measurement Input, Discount Rate
Business Combination [Line Items]
Business combination, consideration transferred, measurement input	0.340

BUSINESS COMBINATION - Schedule of Consideration and Purchase Price Allocation for Business Combination (Details) - USD ($) $ in Thousands	Jul. 31, 2025	Sep. 30, 2025	Jan. 13, 2025	Dec. 31, 2024
Less: Assets acquired
Goodwill		$ 120,612	$ 128,100	$ 128,100
AgileATS
Purchase price consideration
Cash consideration paid	$ 1,400
Fair value of contingent earnout consideration	497
Total purchase price consideration	1,897
Less: Assets acquired
Total assets acquired	1,600
Plus: Net working capital assumed	15
Goodwill	312
Discounted contingent earnout consideration	400
Purchase price consideration holdback	100
Receivables	2
Liabilities	17
AgileATS \| Intangible asset - AgileATS technology
Less: Assets acquired
Total assets acquired	1,510
AgileATS \| Intangible asset - Tradename
Less: Assets acquired
Total assets acquired	$ 90

GOODWILL - Narrative (Details)	3 Months Ended			9 Months Ended
GOODWILL - Narrative (Details)	Sep. 30, 2025 USD ($)	Mar. 31, 2025 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2025 USD ($) reportingUnit	Sep. 30, 2025 USD ($)	Sep. 30, 2024 USD ($)	Jan. 13, 2025 USD ($)	Dec. 31, 2024 USD ($)
Goodwill [Line Items]
Goodwill	$ 120,612,000			$ 120,612,000	$ 120,612,000		$ 128,100,000	$ 128,100,000
Number of reporting units \| reportingUnit				2
Impairment of goodwill	$ 0		$ 0	$ 7,800,000	$ 7,800,000	$ 0
Previously Reported
Goodwill [Line Items]
Impairment of goodwill		$ 7,800,000
ClearanceJobs
Goodwill [Line Items]
Goodwill							97,400,000
Dice
Goodwill [Line Items]
Goodwill							$ 30,700,000

GOODWILL - Schedule of Goodwill (Details) - USD ($)		3 Months Ended		9 Months Ended
GOODWILL - Schedule of Goodwill (Details) - USD ($)	Jan. 13, 2025	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2025	Sep. 30, 2024
Goodwill [Roll Forward]
Beginning balance	$ 128,100,000			$ 128,100,000	$ 128,100,000
Segment Change	0
Impairment		$ 0	$ 0	(7,800,000)	(7,800,000)	$ 0
Business combination					312,000
Ending balance	128,100,000	120,612,000		120,612,000	120,612,000
Tech-focused
Goodwill [Roll Forward]
Beginning balance	128,100,000			128,100,000	0
Segment Change	(128,100,000)
Impairment					0
Business combination					0
Ending balance	0	0		0	0
CJ
Goodwill [Roll Forward]
Beginning balance	0			0	97,431,000
Segment Change	97,431,000
Impairment					0
Business combination					312,000
Ending balance	97,431,000	97,743,000		97,743,000	97,743,000
Dice
Goodwill [Roll Forward]
Beginning balance	0			0	30,669,000
Segment Change	30,669,000
Impairment					(7,800,000)
Business combination					0
Ending balance	$ 30,669,000	$ 22,869,000		$ 22,869,000	$ 22,869,000

INDEBTEDNESS (Details) $ in Thousands	3 Months Ended		9 Months Ended			12 Months Ended
INDEBTEDNESS (Details) $ in Thousands	Sep. 30, 2025 USD ($)	Jun. 30, 2023 USD ($)	Sep. 30, 2025 USD ($)	Sep. 30, 2025 USD ($)	Sep. 30, 2025 USD ($) Rate	Dec. 31, 2024 USD ($)
Debt Instrument [Line Items]
Interest margin				2.35%		2.10%
restricted payments under the Credit Agreement			$ 7,500
Maximum available to be borrowed under revolving facility		$ 150,000
Total borrowed	$ 30,000		$ 30,000	$ 30,000	$ 30,000	$ 32,000
Line of Credit Facility, Current Borrowing Capacity		100,000
Debt instrument, additional spread				0.10%	0.10%
Line of Credit Facility, Commitment Fee Percentage				0.40%		0.35%
Line of Credit Facility, Increase (Decrease), Net		$ 50,000
Minimum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital, Pro forma basis	1.00		1.00	1.00	1.00
Line of Credit Facility, Commitment Fee Percentage	0.35%
Minimum \| Base Rate
Debt Instrument [Line Items]
Interest margin				1.00%
Minimum \| Secured Overnight Financing Rate (SOFR) And Sterling Overnight Index Average (SONIA)
Debt Instrument [Line Items]
Interest margin				2.00%
Maximum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital, Pro forma basis	2.00		2.00	2.00	2.00
Line of Credit Facility, Commitment Fee Percentage	0.50%
Maximum \| Base Rate
Debt Instrument [Line Items]
Interest margin				1.75%
Maximum \| Secured Overnight Financing Rate (SOFR) And Sterling Overnight Index Average (SONIA)
Debt Instrument [Line Items]
Interest margin				2.75%
Borrowings [Member] \| Minimum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital, Pro forma basis	1.00		1.00	1.00	1.00
Borrowings [Member] \| Maximum
Debt Instrument [Line Items]
Ratio of Indebtedness to Net Capital, Pro forma basis	2.50		2.50	2.50	2.50

EQUITY TRANSACTIONS (Details) - USD ($)	1 Months Ended	3 Months Ended			6 Months Ended			9 Months Ended
EQUITY TRANSACTIONS (Details) - USD ($)	Oct. 31, 2025	Sep. 30, 2025	Sep. 30, 2024	Mar. 31, 2024	Jun. 30, 2025	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2025	Sep. 30, 2024	Nov. 06, 2025	Jan. 28, 2025	Jan. 21, 2025	Dec. 31, 2024	Feb. 09, 2023
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares		740,661	0					1,918,012	0
Stock Repurchase Program, Not Settled		0						0
Average purchase price per share (in dollars per share)		$ 2.83	$ 0					$ 2.37	$ 0
Payments for Repurchase of Common Stock, Gross		$ 2,096,000	$ 0					$ 4,555,000	$ 0
Costs associated with repurchase		$ 14,000						$ 38,000
Stock Repurchase Program, Authorized Amount												$ 5,000,000		$ 10,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.01						$ 0.01
Share Repurchase Program, Remaining Authorized, Amount		$ 400,000						$ 400,000
Preferred Stock, Shares Authorized		20,000,000						20,000,000
Stockholders' Equity, Beneficial Ownership Limit Under Shareholder Rights Plan, Percent											4.99%
Preferred Stock, Purchase Rights, Number of Rights Declared Per Common Share											1
Preferred Stock, Shares Issued		0						0
Preferred Stock, Shares Outstanding		0						0
Dividends					$ 0	$ 0	$ 0
2023
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares				1,400,000
Treasury Stock, Value				$ 5,200,000
2025
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount												$ 5,000,000.0
2025 \| Subsequent Event
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares	2,100,000
November 2025 \| Subsequent Event
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount										$ 5,000,000
Series 1 Participating Preferred Stock
Equity, Class of Treasury Stock [Line Items]
Preferred Stock, Par or Stated Value Per Share		$ 0.01						$ 0.01			$ 0.01		$ 0.01
Preferred stock, acquiring person beneficial ownership percentage, threshold for exercisability											4.99%
Preferred Stock, Purchase Rights, Exercise Price											$ 17.00
Class of warrant or right, number of securities called by each warrant or right (in shares)											0.001
Preferred Stock, Shares Authorized		240,000						240,000					240,000
Preferred Stock, Purchase Rights, Exercise Price											$ 17.00
Preferred Stock, Shares Issued		0						0					0
Preferred Stock, Shares Outstanding		0						0					0
Series 1 Participating Preferred Stock \| Minimum
Equity, Class of Treasury Stock [Line Items]
Preferred Stock, Dividends Preference Per Share											0.001
Preferred Stock, Liquidation Preference Per Share											1.00
Preferred Stock, Dividends Preference Per Share											0.001
Preferred Stock, Liquidation Preference Per Share											$ 1.00

STOCK BASED COMPENSATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
STOCK BASED COMPENSATION (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024	Jun. 30, 2025	Dec. 31, 2024	Jun. 30, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 1,300	$ 1,800	$ 3,900	$ 6,100
Unrecognized compensation expense	$ 5,600		$ 5,600
Nonvested award, cost not yet recognized, period for recognition			10 months 24 days
Common stock, shares authorized	240,000,000		240,000,000			240,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Purchase Price of Common Stock, Percent			85.00%
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Number of Shares Per Employee			500,000
Common stock, shares authorized	240,000,000		240,000,000			240,000,000
Stock Issued During Period, Shares, Employee Stock Purchase Plans	0	0	54,229	81,874
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested (in shares)	2,527,336	2,837,232	2,527,336	2,837,232	2,902,507	2,672,564	2,982,437	2,333,436
Restricted Stock \| Board Member
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			1 year
Restricted Stock \| Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period			3 years
Performance period			1 year
Non-vested (in shares)	979,752	1,513,778	979,752	1,513,778	1,032,718	1,420,665	1,544,346	1,616,962
Performance Stock Units \| Share-Based Payment Arrangement, Tranche One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			33.00%
Performance Stock Units \| Share-Based Payment Arrangement, Tranche Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			33.00%
Performance Stock Units \| Share-Based Payment Arrangement, Tranche Three
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights, percentage			33.00%
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares eligible for purchase (in shares)	108,021		108,021
Offering period			6 months
2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares authorized	2,900,000		2,900,000
Common stock, shares authorized	2,900,000		2,900,000
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Value, Employee Stock Purchase Plan			$ 25
Stock Issued During Period, Value, Employee Stock Purchase Plan			$ 25

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
INCOME TAXES (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
INCOME TAXES [Abstract]
Effective Income Tax Rate Reconciliation, Percent	15.00%	(91.00%)	12.00%	139.00%
Effective income tax rate reconciliation, state and local income taxes				$ 200
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount			$ 1,900
Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-Based Payment Arrangement, Amount		$ 100	600	$ 2,000
Effective Income Tax Rate Reconciliation, Tax Settlement, Amount			400
Effective Income Tax Rate Reconciliation, Executive Compensation	$ 400		$ 100