RESEARCH SOLUTIONS, INC.: 10-Q filed 2022-05-13

Name: RESEARCH SOLUTIONS, INC.: 10-Q filed 2022-05-13
Creator: RESEARCH SOLUTIONS, INC.

What RESEARCH SOLUTIONS, INC. reported in its quarterly report filed 2022-05-13 (fiscal Q3 2022): 35 published measures, 102 facts as tagged in accession 0001558370-22-008784.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-05-13
Fiscal period: fiscal Q3 2022
Accession: 0001558370-22-008784 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 2022-03-31	17,604,909	USD
At 2021-06-30	16,918,624	USD

Stockholders equity

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

Period	Value	Unit
At 2022-03-31	5,177,805	USD
At 2021-12-31	5,064,716	USD
At 2021-06-30	5,427,085	USD
At 2021-03-31	5,163,635	USD
At 2020-12-31	5,194,550	USD
At 2020-06-30	4,859,014	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	Days
At 2022-03-31	10,640,521	USD
At 2021-06-30	11,004,337	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
2022-01-01 to 2022-03-31	-340,530	USD	90
2021-07-01 to 2022-03-31	-1,194,117	USD	274
2021-01-01 to 2021-03-31	49,748	USD	90
2020-07-01 to 2021-03-31	-196,213	USD	274

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
2021-07-01 to 2022-03-31	-402,711	USD	274
2020-07-01 to 2021-03-31	2,220,056	USD	274

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
2021-07-01 to 2022-03-31	34,251	USD	274
2020-07-01 to 2021-03-31	11,853	USD	274

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	8,757,352	USD	90
2021-07-01 to 2022-03-31	24,372,143	USD	274
2021-01-01 to 2021-03-31	8,340,532	USD	90
2020-07-01 to 2021-03-31	23,538,692	USD	274

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
2021-07-01 to 2022-03-31	75,135	USD	274
2020-07-01 to 2021-03-31	-288,598	USD	274

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
2021-07-01 to 2022-03-31	-34,251	USD	274
2020-07-01 to 2021-03-31	-11,853	USD	274

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 2022-03-31	-22,656,005	USD
At 2021-06-30	-21,461,888	USD

Basic weighted-average shares

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

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	26,512,195	shares	90
2021-07-01 to 2022-03-31	26,392,949	shares	274
2021-01-01 to 2021-03-31	26,027,665	shares	90
2020-07-01 to 2021-03-31	25,966,072	shares	274

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.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	26,512,195	shares	90
2021-07-01 to 2022-03-31	26,392,949	shares	274
2021-01-01 to 2021-03-31	26,565,892	shares	90
2020-07-01 to 2021-03-31	25,966,072	shares	274

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.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-0.01	USD/shares	90
2021-07-01 to 2022-03-31	-0.05	USD/shares	274
2020-07-01 to 2021-03-31	-0.01	USD/shares	274

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.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-0.01	USD/shares	90
2021-07-01 to 2022-03-31	-0.05	USD/shares	274
2020-07-01 to 2021-03-31	-0.01	USD/shares	274

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
2022-01-01 to 2022-03-31	822	USD	90
2021-07-01 to 2022-03-31	6,592	USD	274
2021-01-01 to 2021-03-31	572	USD	90
2020-07-01 to 2021-03-31	3,077	USD	274

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 2022-03-31	43,671	USD
At 2021-06-30	20,755	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
2022-01-01 to 2022-03-31	-339,945	USD	90
2021-07-01 to 2022-03-31	-1,188,302	USD	274
2021-01-01 to 2021-03-31	50,070	USD	90
2020-07-01 to 2021-03-31	-194,020	USD	274

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 2022-03-31	17,560,333	USD
At 2021-06-30	16,896,963	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 2022-03-31	12,427,104	USD
At 2021-06-30	11,491,539	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 2022-03-31	5,622,368	USD
At 2021-06-30	4,717,453	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
2021-07-01 to 2022-03-31	82,053	USD	274
2020-07-01 to 2021-03-31	150,386	USD	274

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
2022-01-01 to 2022-03-31	3,578,442	USD	90
2021-07-01 to 2022-03-31	9,924,834	USD	274
2021-01-01 to 2021-03-31	2,652,570	USD	90
2020-07-01 to 2021-03-31	7,737,818	USD	274

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
2022-01-01 to 2022-03-31	3,238,497	USD	90
2021-07-01 to 2022-03-31	8,736,532	USD	274
2021-01-01 to 2021-03-31	2,702,640	USD	90
2020-07-01 to 2021-03-31	7,543,798	USD	274

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
2022-01-01 to 2022-03-31	3,573,454	USD	90
2021-07-01 to 2022-03-31	9,912,690	USD	274
2021-01-01 to 2021-03-31	2,650,504	USD	90
2020-07-01 to 2021-03-31	7,728,990	USD	274

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 2022-03-31	27,000,844	shares
At 2021-06-30	26,498,215	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-03-31	10,640,521	USD
At 2021-06-30	11,004,337	USD
At 2021-03-31	11,233,562	USD
At 2020-06-30	9,311,556	USD

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 2022-03-31	27,927,567	USD
At 2021-06-30	26,982,052	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 2022-03-31	-120,758	USD
At 2021-06-30	-119,577	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 2022-03-31	836,339	USD
At 2021-06-30	824,123	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 2022-03-31	338,236	USD
At 2021-06-30	270,252	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
2022-01-01 to 2022-03-31	-339,708	USD	90
2021-07-01 to 2022-03-31	-1,187,525	USD	274
2021-01-01 to 2021-03-31	50,320	USD	90
2020-07-01 to 2021-03-31	-193,136	USD	274

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
2022-01-01 to 2022-03-31	-338,921	USD	90
2021-07-01 to 2022-03-31	-1,195,298	USD	274
2021-01-01 to 2021-03-31	46,415	USD	90
2020-07-01 to 2021-03-31	-192,865	USD	274

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
2021-07-01 to 2022-03-31	12,144	USD	274
2020-07-01 to 2021-03-31	8,828	USD	274

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
2022-01-01 to 2022-03-31	237	USD	90
2021-07-01 to 2022-03-31	777	USD	274
2021-01-01 to 2021-03-31	250	USD	90
2020-07-01 to 2021-03-31	884	USD	274

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
2021-07-01 to 2022-03-31	904,915	USD	274
2020-07-01 to 2021-03-31	563,829	USD	274

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.

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with urlopen("https://canlicapital.com/company-data/0001386301.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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