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RESEARCH SOLUTIONS, INC.: 10-Q filed 2017-05-15

What RESEARCH SOLUTIONS, INC. reported in its quarterly report filed 2017-05-15 (fiscal Q3 2017): 35 published measures, 102 facts as tagged in accession 0001144204-17-027537.

This filing

Form
10-Q (quarterly report)
Filed
2017-05-15
Fiscal period
fiscal Q3 2017
Accession
0001144204-17-027537 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All RESEARCH SOLUTIONS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-03-3112,508,850USD
At 2016-06-3012,371,659USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2017-03-317,947,404USD
At 2016-06-306,330,602USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-03-314,561,446USD
At 2016-06-306,041,057USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-03-315,242,978USD
At 2016-06-306,076,875USD
At 2016-03-311,923,970USD
At 2015-06-301,354,158USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-637,490USD90
2016-07-01 to 2017-03-31-1,891,116USD274
2016-01-01 to 2016-03-3132,376USD91
2015-07-01 to 2016-03-31-444,869USD275

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2016-07-01 to 2017-03-3142,316USD274
2015-07-01 to 2016-03-3149,784USD275

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-03-31-17,473,411USD
At 2016-06-30-15,582,295USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2017-01-01 to 2017-03-3123,265,939shares90
2016-07-01 to 2017-03-3123,199,010shares274
2016-01-01 to 2016-03-3117,707,900shares91
2015-07-01 to 2016-03-3117,642,449shares275

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2017-01-01 to 2017-03-3123,265,939shares90
2016-07-01 to 2017-03-3123,199,010shares274
2016-01-01 to 2016-03-3118,464,000shares91
2015-07-01 to 2016-03-3117,642,449shares275

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-0.03USD/shares90
2016-07-01 to 2017-03-31-0.08USD/shares274
2016-01-01 to 2016-03-310USD/shares91
2015-07-01 to 2016-03-31-0.03USD/shares275

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-0.03USD/shares90
2016-07-01 to 2017-03-31-0.08USD/shares274
2016-01-01 to 2016-03-310USD/shares91
2015-07-01 to 2016-03-31-0.03USD/shares275

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-01-01 to 2017-03-315,544USD90
2016-07-01 to 2017-03-3128,486USD274
2016-01-01 to 2016-03-315,210USD91
2015-07-01 to 2016-03-3122,510USD275

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-03-3183,662USD
At 2016-06-3082,207USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-639,089USD90
2016-07-01 to 2017-03-31-1,873,907USD274
2016-01-01 to 2016-03-3169,614USD91
2015-07-01 to 2016-03-31-389,748USD275

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2017-03-3111,902,624USD
At 2016-06-3012,177,010USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2017-01-01 to 2017-03-313,000USD90
2016-07-01 to 2017-03-319,000USD274
2016-01-01 to 2016-03-316,389USD91
2015-07-01 to 2016-03-3114,382USD275

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2017-03-317,590,341USD
At 2016-06-306,330,602USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2017-03-3158,499USD
At 2016-06-30104,848USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2017-03-315,186,517USD
At 2016-06-305,761,860USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2016-07-01 to 2017-03-3190,328USD274
2015-07-01 to 2016-03-3120,147USD275

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2017-01-01 to 2017-03-312,368,095USD90
2016-07-01 to 2017-03-316,730,322USD274
2016-01-01 to 2016-03-311,695,400USD91
2015-07-01 to 2016-03-315,305,411USD275

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2017-01-01 to 2017-03-311,729,006USD90
2016-07-01 to 2017-03-314,856,415USD274
2016-01-01 to 2016-03-311,765,014USD91
2015-07-01 to 2016-03-314,915,663USD275

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-01-01 to 2017-03-312,334,189USD90
2016-07-01 to 2017-03-316,633,521USD274
2016-01-01 to 2016-03-311,665,090USD91
2015-07-01 to 2016-03-315,244,267USD275

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2017-03-3123,925,910shares
At 2016-06-3023,809,593shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2017-03-3122,070,330USD
At 2016-06-3021,642,763USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2017-03-31-59,399USD
At 2016-06-30-43,221USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2017-03-31682,849USD
At 2016-06-30642,051USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2017-03-31445,004USD
At 2016-06-300USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2017-03-31196,553USD
At 2016-06-30164,610USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-631,946USD90
2016-07-01 to 2017-03-31-1,862,630USD274
2016-01-01 to 2016-03-3137,586USD91
2015-07-01 to 2016-03-31-422,359USD275

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2017-01-01 to 2017-03-31-655,580USD90
2016-07-01 to 2017-03-31-1,907,294USD274
2016-01-01 to 2016-03-3125,773USD91
2015-07-01 to 2016-03-31-456,835USD275

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2016-07-01 to 2017-03-3196,801USD274
2015-07-01 to 2016-03-3161,145USD275

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2017-01-01 to 2017-03-3110,143USD90
2016-07-01 to 2017-03-3120,277USD274
2016-01-01 to 2016-03-31-25,639USD91
2015-07-01 to 2016-03-31-18,229USD275

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2017-01-01 to 2017-03-317,143USD90
2016-07-01 to 2017-03-3111,277USD274
2016-01-01 to 2016-03-31-32,028USD91
2015-07-01 to 2016-03-31-32,611USD275

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2016-07-01 to 2017-03-31-575,343USD274
2015-07-01 to 2016-03-31614,001USD275

Inspect the source

Entity
RESEARCH SOLUTIONS, INC. / CIK 0001386301
Captured
2026-09-20T07:59:00.815Z
SEC response SHA-256
d6ec6e5399ac299356f442a2d983f0155eea96dfff559cac8e310020eae0c511

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001386301.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))