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RSSS Price Correlated With Financials For Research Solutions

Free historical financial statements for Research Solutions Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 40 quarters since 2012. Compare with RSSS stock chart to see long term trends.

RSSS Stock Compared to Quarterly

RSSS Income Statement

Revenue, Net:8757352
Revenue Per Share:0.3236
Cost of Goods & Services Sold:5518855
Gross Profit:3238497
Selling, General & Admin Expense:3573454
Total Operating Expenses:3578442
Operating Income:-339945
Income Taxes:822
Net Income:-340530
Earnings Per Share, Basic:-0.01
Shares Outstanding, Basic Avg:27064215

RSSS Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:4988
Change in Accounts Receiveable:1004028
Net Cash from Operations:-85812
Net Cash from Operations Per Share:-0.0032
Repurchases/Buybacks Common Stock:14241
Net Cash from Financing Activities:52776
Property, Plant & Equipment Purchases:7260
Net Cash from Investing Activities:-7260
Net Change in Cash & Equivalents:-39193

RSSS Balance Sheet

Cash and Cash Equivalents:10640521
Accounts Receivable, Net:5622368
Total Current Assets:17560333
Property, Plant & Equipment, Net:43671
Total Assets:17604909
Total Short-Term Liabilities:12427104
COMPANY PROFILE
Note 1.  Organization, Nature of Business and Basis of Presentation Organization Research Solutions, Inc. (the “Company,” “Research Solutions,” “we,” “us” or “our”) was incorporated in the State of Nevada on November 2, 2006, and is a publicly traded holding company with two wholly owned subsidiaries: Reprints Desk, Inc., a Delaware corporation and Reprints Desk Latin America S. de R.L. de C.V, an entity organized under the laws of Mexico. Nature of Business We provide two service offerings to our customers: a cloud-based software-as-a-service (“SaaS”) research platform (“Platforms”) typically sold via annual auto-renewing license agreements and the sale of published scientific, technical, and medical (“STM”) content sold as individual articles (“Transactions”) either stand alone or via the Platform. When customers utilize the Platform to purchase Transactions it is packaged as a single solution that enables life science and other research intensive organizations to accelerate their research and development activities with faster, access and management of STM articles used throughout the intellectual property development lifecycle. The Platform typically delivers a ROI to the customer via more effectively managing Transaction costs and saving researchers time during the research process. Platforms Our cloud-based SaaS research Platform consists of proprietary software and Internet-based interfaces sold to customers for an annual subscription fee. Legacy functionality allows customers to initiate orders, route orders for the lowest cost acquisition, manage transactions, obtain spend and usage reporting, automate authentication, and connect seamlessly to in-house and third-party software systems. Customers can also enhance the information resources they already own or license and collaborate around bibliographic information. Additional functionality has recently been added to our Platform in the form of interactive app-like components. An alternative to manual data filtering, identification and extraction, the apps are designed to gather, augment, and extract data across a variety of formats, including bibliographic citations, tables of contents, RSS feeds, PDF files, XML feeds, and web content. We continue to develop new apps in order to build an ecosystem of apps. Together, these apps will provide researchers with an “all in one” toolkit, delivering efficiencies in core research workflows and knowledge creation processes. Our Platform is deployed as a single, multi-tenant system across our entire customer base. Customers securely access the Platform through online web interfaces and via web service APIs that enable customers to leverage Platform features and functionality from within in-house and third-party software systems. The Platform can also be configured to satisfy a customer’s individual preferences. We leverage our Platform’s efficiencies in scalability, stability and development costs to fuel rapid innovation and competitive advantage. Transactions Our Platform provides our customers with a single source to the universe of published STM content that includes over 70 million existing STM articles and over one million newly published STM articles each year. STM content is sold to our customers on a transaction basis. Researchers and knowledge workers in life science and other research-intensive organizations generally require single copies of published STM journal articles for use in their research activities. These individuals are our primary users. Our Platform allows customers to find and download digital versions of STM articles that are critical to their research. Customers submit orders for the articles they need which we source and electronically deliver to them generally in under an hour; in many cases under one minute. This service is generally known in the industry as single article delivery or document delivery. We also obtain the necessary permission licenses from the content publisher or other rights holde

Data imported from Research Solutions Inc. SEC filings. Check original filings before making any investment decision.