RESEARCH SOLUTIONS, INC.: 10-Q filed 2019-02-14

Name: RESEARCH SOLUTIONS, INC.: 10-Q filed 2019-02-14
Creator: RESEARCH SOLUTIONS, INC.

What RESEARCH SOLUTIONS, INC. reported in its quarterly report filed 2019-02-14 (fiscal Q2 2019): 36 published measures, 101 facts as tagged in accession 0001144204-19-008107.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-02-14
Fiscal period: fiscal Q2 2019
Accession: 0001144204-19-008107 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.

Period	Value	Unit	Days
At 2018-12-31	9,915,638	USD
At 2018-06-30	9,960,393	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-12-31	6,956,780	USD
At 2018-06-30	6,680,991	USD

Stockholders equity

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

Period	Value	Unit
At 2018-12-31	2,958,858	USD
At 2018-09-30	3,137,853	USD
At 2018-06-30	3,279,402	USD
At 2017-12-31	3,429,265	USD
At 2017-09-30	3,809,277	USD
At 2017-06-30	4,344,623	USD

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.

Period	Value	Unit
At 2018-12-31	4,761,528	USD
At 2018-06-30	4,908,180	USD
At 2017-12-31	4,924,620	USD
At 2017-06-30	5,773,950	USD

Net income or loss

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

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	-592,537	USD	92
2018-07-01 to 2018-12-31	-770,425	USD	184
2018-07-01 to 2018-09-30	-177,888	USD	92
2017-10-01 to 2017-12-31	-624,580	USD	92
2017-07-01 to 2017-12-31	-1,397,545	USD	184
2017-07-01 to 2017-09-30	-772,965	USD	92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	-22,719	USD	184
2017-07-01 to 2017-12-31	-690,161	USD	184

Capital expenditure payments

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

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	4,154	USD	184
2017-07-01 to 2017-12-31	29,284	USD	184

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	6,988,842	USD	92
2018-07-01 to 2018-12-31	13,941,363	USD	184
2017-10-01 to 2017-12-31	6,823,220	USD	92
2017-07-01 to 2017-12-31	13,571,060	USD	184

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	-113,278	USD	184
2017-07-01 to 2017-12-31	-102,955	USD	184

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	-4,154	USD	184
2017-07-01 to 2017-12-31	-43,536	USD	184

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2018-12-31	-20,325,024	USD
At 2018-06-30	-19,554,599	USD

Income tax expense or benefit

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

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	7,442	USD	92
2018-07-01 to 2018-12-31	16,663	USD	184
2017-10-01 to 2017-12-31	9,816	USD	92
2017-07-01 to 2017-12-31	21,567	USD	184

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.

Period	Value	Unit	Days
At 2018-12-31	42,798	USD
At 2018-06-30	59,043	USD

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	-664,557	USD	92
2018-07-01 to 2018-12-31	-898,429	USD	184
2017-10-01 to 2017-12-31	-702,429	USD	92
2017-07-01 to 2017-12-31	-1,530,594	USD	184

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.

Period	Value	Unit	Days
At 2018-12-31	9,608,090	USD
At 2018-06-30	9,579,654	USD

Current liabilities

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

Period	Value	Unit	Days
At 2018-12-31	6,811,266	USD
At 2018-06-30	6,472,478	USD

Net current accounts receivable

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

Period	Value	Unit	Days
At 2018-12-31	3,967,597	USD
At 2018-06-30	4,251,251	USD

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.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	113,278	USD	184
2017-07-01 to 2017-12-31	102,955	USD	184

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	2,652,796	USD	92
2018-07-01 to 2018-12-31	4,834,623	USD	184
2017-10-01 to 2017-12-31	2,438,299	USD	92
2017-07-01 to 2017-12-31	5,015,903	USD	184

Gross profit

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

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	1,988,239	USD	92
2018-07-01 to 2018-12-31	3,936,194	USD	184
2017-10-01 to 2017-12-31	1,735,870	USD	92
2017-07-01 to 2017-12-31	3,485,309	USD	184

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	2,643,063	USD	92
2018-07-01 to 2018-12-31	4,813,775	USD	184
2017-10-01 to 2017-12-31	2,391,969	USD	92
2017-07-01 to 2017-12-31	4,929,005	USD	184

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.

Period	Value	Unit	Days
At 2018-12-31	24,239,013	shares
At 2018-06-30	24,016,999	shares

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.

Period	Value	Unit	Days
At 2018-12-31	23,360,388	USD
At 2018-06-30	22,904,691	USD

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.

Period	Value	Unit	Days
At 2018-12-31	-100,745	USD
At 2018-06-30	-94,707	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2018-12-31	269,923	USD
At 2018-06-30	328,299	USD

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.

Period	Value	Unit	Days
At 2018-12-31	771,038	USD
At 2018-06-30	749,923	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2018-12-31	250,364	USD
At 2018-06-30	307,324	USD

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.

Period	Value	Unit	Days
At 2018-12-31	417,837	USD
At 2018-06-30	326,887	USD

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	-640,793	USD	92
2018-07-01 to 2018-12-31	-851,180	USD	184
2017-10-01 to 2017-12-31	-694,117	USD	92
2017-07-01 to 2017-12-31	-1,512,480	USD	184

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	-594,205	USD	92
2018-07-01 to 2018-12-31	-776,463	USD	184
2017-10-01 to 2017-12-31	-631,295	USD	92
2017-07-01 to 2017-12-31	-1,413,211	USD	184

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	20,848	USD	184
2017-07-01 to 2017-12-31	86,898	USD	184

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	23,764	USD	92
2018-07-01 to 2018-12-31	47,249	USD	184
2017-10-01 to 2017-12-31	11,312	USD	92
2017-07-01 to 2017-12-31	24,114	USD	184

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.

Period	Value	Unit	Days
2018-10-01 to 2018-12-31	23,764	USD	92
2018-07-01 to 2018-12-31	47,249	USD	184
2017-10-01 to 2017-12-31	8,312	USD	92
2017-07-01 to 2017-12-31	18,114	USD	184

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	0	USD	184
2017-07-01 to 2017-12-31	6,000	USD	184

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	58,376	USD	184

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.

Period	Value	Unit	Days
2018-07-01 to 2018-12-31	-283,654	USD	184
2017-07-01 to 2017-12-31	-1,726,200	USD	184

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

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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"]:
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