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Research Solutions to Present and Host 1x1 Investor Meetings at the 16th Annual East Coast IDEAS Investor Conference on June 10th in New York, NY
June 4, 2026 8:30 AM
PR Newswire (US)
HENDERSON, Nev., June 4, 2026 /PRNewswire/ -- Research Solutions (RSSS), today announced management will present at the East Coast IDEAS Investor Conference on Wednesday June 10 , 2026 at The Westin Times Square in New York, NY. The Company's presentation is scheduled to begin at 4:00pm ET and will hold investor meetings throughout the day. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/east-coast.
The IDEAS Investor Conferences are held annually and are produced by Three Part Advisors, LLC. Additional information about the events can be located at www.IDEASconferences.com.
Qualified investors interested in participating or scheduling a meeting should contact Lacey Wesley at (817) 769 -2373 or lWesley@IDEASconferences.com.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) is a vertical SaaS and AI Company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the Company uniquely combines AI-powered tools—including an intelligent research assistant and full-text search capabilities—with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery. For more information and details, please visit www.researchsolutions.com.
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SOURCE Research Solutions, Inc.
Research Solutions to Announce Third Quarter Fiscal Year 2026 Results on Thursday, May 14, 2026
May 6, 2026 11:47 AM
PR Newswire (US)
HENDERSON, Nev., May 6, 2026 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, will hold a conference call to discuss its financial results for the third quarter fiscal 2026 ended March 31, 2026, on Thursday, May 14, 2026, at 5:00 p.m. ET. A press release containing the company's financial results will be issued following the market close. Management will host the conference call, followed by a question-and-answer period.
Date: Thursday, May 14, 2026
Time: 5:00 p.m. ET (2:00 p.m. PT)
Dial-in number: 1-203-518-9708
Conference ID: RESEARCH
Please dial into the conference 5-10 minutes prior to the start time. An operator will register your name and organization. The conference call will be broadcast live and available for replay via the investor relations section of the company's website at http://researchsolutions.investorroom.com.
A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through June 14, 2026. To access the replay, dial 1-412-317-6671 and use replay ID 11160801.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) is a vertical SaaS and AI company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the company uniquely combines AI-powered tools—including an intelligent research assistant and full-text search capabilities—with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery. For more information and details, please visit www.researchsolutions.com
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SOURCE Research Solutions, Inc.
Original: Research Solutions to Announce Third Quarter Fiscal Year 2026 Results on Thursday, May 14, 2026
Research Solutions Expands Into Africa With University Of Pretoria As First Partner
March 12, 2026 8:00 AM
PR Newswire (US)
The Continent's Leading Research-Intensive University Signs A Three-Year Agreement with Research Solutions' AI Platform, Scite
HENDERSON, Nev., March 12, 2026 /PRNewswire/ -- Research Solutions (NASDAQ: RSSS), a leading provider of AI-powered scientific research tools, announced that the University of Pretoria has become the first South African institution to adopt Scite, the company's AI-driven research platform powered by Smart Citations technology. The University signed a three-year agreement in December 2025, establishing Research Solutions as a key player within the South African higher education sector.
The University of Pretoria's Department of Library Services (DLS) officially launched Scite to its academic community in February 2026, hosting four sessions in the Library Auditorium with simultaneous live streaming via Zoom. The sessions drew strong attendance from researchers, postgraduate and undergraduate students, and professional staff across the institution.
A Strategic Entry Into A High-Growth Market
South Africa's higher education sector is undergoing rapid digital transformation, with institutions increasingly seeking modern, evidence-based alternatives to legacy research tools. The University of Pretoria's adoption of Scite, following a rigorous evaluation of competing AI research platforms, reflects a deliberate shift toward greater accuracy, transparency, and academic integrity in AI-assisted research workflows.
As the first university library in South Africa to adopt Scite, the University demonstrates institutional leadership in the responsible integration of AI within higher education. Research Solutions views the partnership as the cornerstone of a broader regional expansion strategy, with active engagement underway at additional South African institutions.
Why The University Of Pretoria Chose Scite
Before selecting Scite, the DLS conducted a thorough review of available AI research tools. The decision to partner with Research Solutions was guided by Scite's differentiated capabilities, which directly address the limitations of both legacy citation tools and general-purpose AI platforms:
"The introduction of Scite marks a significant advancement in our commitment to innovation, digital scholarship, and the enhancement of research impact," said Marguerite Nel, Assistant Director: Library Technical Services at the University of Pretoria. "By providing our academic community with advanced, evidence-based AI tools, we are improving research quality and rigor, promoting responsible AI literacy, and strengthening evidence-informed supervision and publishing. As the first university library in South Africa to adopt Scite, the University of Pretoria is demonstrating its leadership in the responsible integration of AI within higher education."
Chief Strategy Officer at Research Solutions and co-founder of Scite, Josh Nicholson, said, "The University of Pretoria is setting the standard for responsible AI adoption in South African higher education. We're honored they chose Scite, and we're committed to building on this partnership as we grow our presence across the region."
AI Literacy Across South African Higher Education
Research Solutions sees the University of Pretoria partnership as the beginning of a larger mission in the region. The University's early leadership sets a powerful precedent, and Research Solutions looks forward to building on that foundation across the South African higher education sector.
About The University Of Pretoria
The University of Pretoria is a multi-faculty, research-intensive university and one of South Africa's leading institutions for research output and impact. With nine faculties, a business school, and more than 50,000 students across campuses in Pretoria and Johannesburg, the University produces the highest number of graduates in South Africa annually. In over a century of operation, it has delivered close to 250,000 alumni. For more information, visit www.up.ac.za.
About Scite
Scite is an AI-powered research platform that helps researchers discover and evaluate scientific literature using Smart Citations - a technology that analyzes the full text of citing articles to show whether findings have been supported, mentioned, or contrasted by subsequent research. Scite is used by millions of researchers and is available as a web platform, browser extension, and Zotero plugin. For more information, visit https://www.scite.ai. Scite is a product of Research Solutions (NASDAQ: RSSS).
About Research Solutions
Research Solutions (NASDAQ: RSSS) is a vertical SaaS and AI company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the company uniquely combines AI-powered tools - including an intelligent research assistant and full-text search capabilities - with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage, and analyze scientific literature more efficiently, accelerating the pace of scientific discovery.
For more information about Research Solutions, visit: www.researchsolutions.com | LinkedIn | Facebook | X
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SOURCE Research Solutions, Inc.
Original: Research Solutions Expands Into Africa With University Of Pretoria As First Partner
Research Solutions Reports Second Quarter Fiscal Year 2026 Results
February 12, 2026 4:05 PM
PR Newswire (US)
Reports 14% Increase in ARR to $21.8 Million, Net Income of $547,000 and 36% Year-over-Year Growth in Adjusted EBITDA
HENDERSON, Nev., Feb. 12, 2026 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2025.
Fiscal Second Quarter 2026 Summary (compared to prior-year quarter)
"Our second quarter results reflect strong growth within our B2B Platforms business through forty-seven net new deployments in the quarter and Platforms continues to represent a larger portion of our total revenue mix. In addition, the average sales price for our Platform increased more than six percent year-over-year as we signed larger deals and as existing customers adopt more of our SaaS and AI solutions," said Roy W. Olivier, President and CEO of Research Solutions. "Our business continues to generate strong operating cash flow and Adjusted EBITDA, allowing us to reinvest in sales and marketing to accelerate growth while maintaining financial flexibility. We continue to manage the business with a long-term focus to drive value for our shareholders."
Fiscal Second Quarter 2026 Results
Total revenue was $11.8 million, compared to $11.9 million in the year-ago quarter. Platform revenue growth was offset by a decline in transactions revenue.
Platform subscription revenue for the quarter was $5.2 million, a 14% year-over-year increase from the prior-year period. The increase was primarily due to organic growth in the core B2B platform, due to a mix of new logo generation as well as upsells and cross-selling into existing customers. The quarter ended with annual recurring revenue of $21.8 million, up 14% year-over-year (see the Company's definition of annual recurring revenue below).
Transaction revenue was $6.6 million, compared to $7.3 million in the second quarter of fiscal 2025. The decrease was due to the impact of a known customer that churned earlier and a few larger customers that saw significant declines in volume. The transaction active customer count for the quarter was 1,321, compared to 1,384 customers in the prior-year quarter (see the Company's definition of active customer accounts and transactions below).
Total gross margin improved 350 basis points from the prior-year quarter to 52.4%. The increase was primarily driven by the continued revenue mix shift to the higher-margin Platforms business, including the expansion of the gross margin for that business.
Total operating expenses were $5.4 million, compared to $5.7 million in the second quarter of fiscal 2025. The decrease was primarily related to reduced general and administrative and stock-based compensation expenses offset in part by increased sales and marketing expenses.
Net income in the fiscal second quarter was $547,000, or $0.02 per diluted share, compared to a net loss of $2 million, or ($0.07) per share, in the prior-year quarter. Adjusted EBITDA was $1.3 million, compared to $963,000 in the year-ago quarter (see definition and further discussion about the presentation of Adjusted EBITDA, a non-GAAP term, below).
Conference Call
Management will host the conference call, followed by a question-and-answer period.
Date: Thursday, February 12, 2026
Time: 5:00 p.m. ET (2:00 p.m. PT)
Dial-in number: 1-203-518-9708
Conference ID: RESEARCH
The conference call will be broadcast live and available for replay until March 12, 2026 by dialing 1-412-317-6671 and using the replay ID 11160799, and via the investor relations section of the Company's website at http://researchsolutions.investorroom.com/.
Fiscal Second Quarter Financial and Operational Summary Tables vs. Prior-Year Quarter
Quarter Ended December 31, | Six Months Ended December 31, | ||||||||||
2025 | 2024 | Change | % Change | 2025 | 2024 | Change | % Change | ||||
Revenue: | |||||||||||
Platforms | $ 5,224,845 | $ 4,601,257 | $ 623,588 | 13.6 % | $ 10,345,685 | $ 8,930,902 | $ 1,414,783 | 15.8 % | |||
Transactions | 6,567,806 | 7,312,962 | (745,156) | -10.2 % | 13,759,151 | 15,027,799 | (1,268,648) | -8.4 % | |||
Total Revenue | 11,792,651 | 11,914,219 | (121,568) | -1.0 % | 24,104,836 | 23,958,701 | 146,135 | 0.6 % | |||
Gross Profit: | |||||||||||
Platforms | 4,602,184 | 3,981,415 | 620,769 | 15.6 % | 9,112,649 | 7,763,893 | 1,348,756 | 17.4 % | |||
Transactions | 1,574,766 | 1,839,678 | (264,912) | -14.4 % | 3,289,599 | 3,823,076 | (533,477) | -14.0 % | |||
Total Gross Profit | 6,176,950 | 5,821,093 | 355,857 | 6.1 % | 12,402,248 | 11,586,969 | 815,279 | 7.0 % | |||
Gross profit as a % of revenue: | |||||||||||
Platforms | 88.1 % | 86.5 % | 1.6 % | 88.1 % | 86.9 % | 1.1 % | |||||
Transactions | 24.0 % | 25.2 % | -1.2 % | 23.9 % | 25.4 % | -1.5 % | |||||
Total Gross Profit | 52.4 % | 48.9 % | 3.5 % | 51.5 % | 48.4 % | 3.1 % | |||||
Operating Expenses: | |||||||||||
Sales and marketing | 1,648,597 | 1,343,087 | 305,510 | 22.7 % | 3,315,422 | 2,533,494 | 781,928 | 30.9 % | |||
Technology and product development | 1,602,421 | 1,506,849 | 95,572 | 6.3 % | 3,012,572 | 2,879,607 | 132,965 | 4.6 % | |||
General and administrative | 1,620,595 | 2,008,201 | (387,606) | -19.3 % | 3,295,954 | 3,938,377 | (642,423) | -16.3 % | |||
Depreciation and amortization | 316,425 | 306,233 | 10,192 | 3.3 % | 632,491 | 618,328 | 14,163 | 2.3 % | |||
Stock-based compensation | 213,449 | 534,322 | (320,873) | -60.1 % | 425,931 | 952,311 | (526,380) | -55.3 % | |||
Foreign currency translation loss (gain) | 36,112 | 29,554 | 6,558 | 22.2 % | 18,856 | (74,686) | 93,542 | -125.2 % | |||
Total Operating Expenses | 5,437,599 | 5,728,246 | (290,647) | -5.1 % | 10,701,226 | 10,847,431 | (146,205) | -1.3 % | |||
Income from operations | 739,351 | 92,847 | 646,504 | 696.3 % | 1,701,022 | 739,538 | 961,484 | -130.0 % | |||
Other expense: | |||||||||||
Other expense | (183,572) | (2,057,887) | 1,874,315 | -91.1 % | (374,625) | (1,989,362) | 1,614,737 | -81.2 % | |||
Provision for income taxes | (8,859) | (15,194) | 6,335 | -41.7 % | (30,090) | (61,406) | 31,316 | -51.0 % | |||
Total Other Expense: | (192,431) | (2,073,081) | 1,880,650 | -90.7 % | (404,715) | (2,050,768) | 1,646,053 | -80.3 % | |||
Net income (loss) | $ 546,920 | $ (1,980,234) | 2,527,154 | -127.6 % | $ 1,296,307 | $ (1,311,230) | 2,607,537 | -198.9 % | |||
Adjusted EBITDA | $ 1,305,337 | $ 962,956 | $ 342,381 | 35.6 % | $ 2,778,300 | $ 2,235,491 | $ 542,809 | 24.3 % | |||
Quarter Ended December 31, | Six Months Ended December 31, | ||||||||||
2025 | 2024 | Change | % Change | 2025 | 2024 | Change | % Change | ||||
Platforms: | |||||||||||
B2B ARR (Annual recurring revenue*): | |||||||||||
Beginning of Period | $ 14,758,472 | $ 12,187,834 | $ 2,570,637 | 21.1 % | $ 14,197,598 | $ 12,060,201 | $ 2,137,397 | 17.7 % | |||
Incremental ARR | 560,482 | 550,422 | 10,060 | 1.8 % | 1,121,356 | 678,055 | 443,301 | 65.4 % | |||
End of Period | $ 15,318,954 | $ 12,738,256 | $ 2,580,697 | 20.3 % | $ 15,318,954 | $ 12,738,256 | $ 2,580,698 | 20.3 % | |||
Deployments: | |||||||||||
Beginning of Period | 1,185 | 1,029 | 156 | 15.2 % | 1,171 | 1,021 | 150 | 14.7 % | |||
Incremental Deployments | 47 | 61 | (14) | -23.0 % | 61 | 69 | (8) | -11.6 % | |||
End of Period | 1,232 | 1,090 | 142 | 13.0 % | 1,232 | 1,090 | 142 | 13.0 % | |||
ASP (Average sales price): | |||||||||||
Beginning of Period | $ 12,454 | $ 11,844 | $ 610 | 5.2 % | $ 12,124 | $ 11,812 | $ 312 | 2.6 % | |||
End of Period | $ 12,434 | $ 11,686 | $ 748 | 6.4 % | $ 12,434 | $ 11,686 | $ 748 | 6.4 % | |||
B2C ARR (Annual recurring revenue*): | |||||||||||
Beginning of Period | $ 6,535,197 | $ 5,430,795 | $ 1,104,402 | 20.3 % | $ 6,721,356 | $ 5,363,129 | $ 1,358,227 | 25.3 % | |||
Incremental ARR | (93,781) | 940,586 | (1,034,367) | -110.0 % | (279,940) | 1,008,252 | (1,288,192) | -127.8 % | |||
End of Period | $ 6,441,416 | $ 6,371,381 | $ 70,035 | 1.1 % | $ 6,441,416 | $ 6,371,381 | $ 70,035 | 1.1 % | |||
Total ARR (Annualized recurring revenue): | $ 21,760,370 | $ 19,109,637 | $ 2,650,732 | 13.9 % | $ 21,760,370 | $ 19,109,637 | $ 2,650,733 | 13.9 % | |||
Transaction Customers: | |||||||||||
Corporate customers | 1,326 | 1,051 | 275 | 26.2 % | 1,200 | 1,063 | 137 | 12.9 % | |||
Academic customers | 324 | 333 | (9) | -2.7 % | 320 | 325 | (5) | -1.5 % | |||
Total customers | 1,650 | 1,384 | 266 | 19.2 % | 1,520 | 1,388 | 132 | 9.5 % | |||
* | Annual Recurring Revenue (Non-GAAP Measure) - the value of contracted platform subscription recurring revenue normalized to a one year period. | |||||||||
For B2C, this includes the annualized value of monthly subscriptions, meaning their monthly value multiplied by 12. | ||||||||||
Active Customer Accounts, Transactions and Annual Recurring Revenue
The Company defines active customer accounts as the sum of the total quantity of customers per month for each month in the period divided by the respective number of months in the period. The quantity of customers per month is defined as customers with at least one transaction during the month.
A transaction is an order for a unit of copyrighted content fulfilled or managed in the Platform.
The Company defines annual recurring revenue ("ARR") as the value of contracted Platform subscription recurring revenue normalized to a one-year period. For B2C ARR, this includes the annualized value of monthly subscriptions, meaning their monthly value multiplied by twelve.
Use of Non-GAAP Measure – Adjusted EBITDA
Research Solutions' management evaluates and makes operating decisions using various financial metrics. In addition to the Company's GAAP results, management also considers the non-GAAP measure of Adjusted EBITDA. Management believes that this non-GAAP measure provides useful information about the Company's operating results.
The tables below provide a reconciliation of this non-GAAP financial measure with the most directly comparable GAAP financial measure. Adjusted EBITDA is defined as net income (loss), plus interest expense, other expense, foreign currency transaction (gain) loss, provision for income taxes, depreciation and amortization, stock-based compensation, and other potential adjustments that may arise. Set forth below is a reconciliation of Adjusted EBITDA to net income (loss):
Quarter Ended December 31, | Six Months Ended December 31, | ||||||||||
2025 | 2024 | Change | % Change | 2025 | 2024 | Change | % Change | ||||
Net Income (loss) | $ 546,920 | $ (1,980,234) | $ 2,527,154 | -127.6 % | $ 1,296,307 | $ (1,311,230) | $ 2,607,537 | -198.9 % | |||
Add (deduct): | - | ||||||||||
Other expense | 183,572 | 2,057,887 | (1,874,315) | -91.1 % | 374,625 | 1,989,362 | (1,614,737) | -81.2 % | |||
Foreign currency translation loss (gain) | 36,112 | 29,554 | 6,558 | 22.2 % | 18,856 | (74,686) | 93,542 | -125.2 % | |||
Provision for income taxes | 8,859 | 15,194 | (6,335) | -41.7 % | 30,090 | 61,406 | (31,316) | -51.0 % | |||
Depreciation and amortization | 316,425 | 306,233 | 10,192 | 3.3 % | 632,491 | 618,328 | 14,163 | 2.3 % | |||
Stock-based compensation | 213,449 | 534,322 | (320,873) | -60.1 % | 425,931 | 952,311 | (526,380) | -55.3 % | |||
Adjusted EBITDA | $ 1,305,337 | $ 962,956 | $ 342,381 | 35.6 % | $ 2,778,300 | $ 2,235,491 | $ 542,809 | -24.3 % | |||
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) is a vertical SaaS and AI Company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the Company uniquely combines AI-powered tools—including an intelligent research assistant and full-text search capabilities—with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery. For more information and details, please visit www.researchsolutions.com
Important Cautions Regarding Forward-Looking Statements
Certain statements in this press release may contain "forward-looking statements" regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the markets in which we operate and the beliefs and assumptions of our management. Words such as "expects," "anticipates," "targets," "goals," "projects", "intends," "plans," "believes," "seeks," "estimates," "endeavors," "strives," "may," or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company's most recent annual report on Form 10-K, as such may be amended or supplemented by subsequent quarterly reports on Form 10-Q, or other reports filed with the Securities and Exchange Commission. Examples of forward-looking statements in this release include statements regarding enhanced product offerings, additional customers, creating long-term value for shareholders and the Company's prospects for growth. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to officially release the result of any revisions to these forward-looking statements. For more information, please refer to the Company's filings with the Securities and Exchange Commission.
Research Solutions, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Unaudited)
| |||||||
December 31, | June 30, | ||||||
2025 | 2025 | ||||||
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | $ | 12,262,780 | $ | 12,227,312 | |||
Accounts receivable, net of allowance of $79,869 and $182,324, respectively | 5,661,171 | 7,191,234 | |||||
Prepaid expenses and other current assets | 708,075 | 580,257 | |||||
Prepaid royalties | 42,155 | 925 | |||||
Total current assets | 18,674,181 | 19,999,728 | |||||
Non-current assets: | |||||||
Property and equipment, net of accumulated depreciation of $992,832 and $964,883, respectively | 65,236 | 60,769 | |||||
Intangible assets, net of accumulated amortization of $3,347,683 and $2,736,773, respectively | 9,130,484 | 9,686,241 | |||||
Goodwill | 16,372,979 | 16,372,979 | |||||
Deposits and other assets | 1,000 | 957 | |||||
Total assets | $ | 44,243,880 | $ | 46,120,674 | |||
Liabilities and Stockholders' Equity | |||||||
Current liabilities: | |||||||
Accounts payable and accrued expenses | $ | 6,397,476 | $ | 7,443,757 | |||
Deferred revenue | 9,916,853 | 10,702,120 | |||||
Contingent earnout liability, current portion | 7,295,596 | 7,363,152 | |||||
Total current liabilities | 23,609,925 | 25,509,029 | |||||
Non-current liabilities: | |||||||
Contingent earnout liability, long-term portion | 3,405,356 | 6,683,488 | |||||
Total liabilities | 27,015,281 | 32,192,517 | |||||
Commitments and contingencies | |||||||
Stockholders' equity: | |||||||
Preferred stock; $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding | — | — | |||||
Common stock; $0.001 par value; 100,000,000 shares authorized; 32,875,476 and 32,479,993 shares issued and outstanding, respectively | 32,875 | 32,480 | |||||
Additional paid-in capital | 41,056,472 | 39,059,557 | |||||
Accumulated deficit | (23,747,387) | (25,043,693) | |||||
Accumulated other comprehensive loss | (113,361) | (120,187) | |||||
Total stockholders' equity | 17,228,599 | 13,928,157 | |||||
Total liabilities and stockholders' equity | $ | 44,243,880 | $ | 46,120,674 | |||
Research Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Operations and Other Comprehensive Income (Loss) (Unaudited) | |||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||
December 31, | December 31, | ||||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||||
Revenue: | |||||||||||||
Platforms | $ | 5,224,845 | $ | 4,601,257 | $ | 10,345,685 | $ | 8,930,902 | |||||
Transactions | 6,567,806 | 7,312,962 | 13,759,151 | 15,027,799 | |||||||||
Total revenue | 11,792,651 | 11,914,219 | 24,104,836 | 23,958,701 | |||||||||
Cost of revenue: | |||||||||||||
Platforms | 622,661 | 619,842 | 1,233,036 | 1,167,009 | |||||||||
Transactions | 4,993,040 | 5,473,284 | 10,469,552 | 11,204,723 | |||||||||
Total cost of revenue | 5,615,701 | 6,093,126 | 11,702,588 | 12,371,732 | |||||||||
Gross profit | 6,176,950 | 5,821,093 | 12,402,248 | 11,586,969 | |||||||||
Operating expenses: | |||||||||||||
Selling, general and administrative | 5,121,175 | 5,422,013 | 10,068,736 | 10,229,103 | |||||||||
Depreciation and amortization | 316,425 | 306,233 | 632,491 | 618,328 | |||||||||
Total operating expenses | 5,437,600 | 5,728,246 | 10,701,227 | 10,847,431 | |||||||||
Income from operations | 739,350 | 92,847 | 1,701,021 | 739,538 | |||||||||
Other income | 95,065 | 348,999 | 221,978 | 417,524 | |||||||||
Change in fair value of contingent earnout liability | (278,637) | (2,406,886) | (596,603) | (2,406,886) | |||||||||
Income (loss) before provision for income taxes | 555,778 | (1,965,040) | 1,326,396 | (1,249,824) | |||||||||
Provision for income taxes | (8,859) | (15,194) | (30,090) | (61,406) | |||||||||
Net income (loss) | 546,919 | (1,980,234) | 1,296,306 | (1,311,230) | |||||||||
Other comprehensive income (loss): | |||||||||||||
Foreign currency translation | 5,859 | 2,637 | 6,826 | (3,531) | |||||||||
Comprehensive income (loss) | $ | 552,778 | $ | (1,977,597) | $ | 1,303,132 | $ | (1,314,761) | |||||
Basic income (loss) per common share: | |||||||||||||
Net income (loss) per share | $ | 0.02 | $ | (0.07) | $ | 0.04 | $ | (0.04) | |||||
Weighted average common shares outstanding | 31,634,575 | 30,421,808 | 31,434,725 | 30,384,339 | |||||||||
Diluted income (loss) per common share: | |||||||||||||
Net income (loss) per share | $ | 0.02 | $ | (0.07) | $ | 0.04 | $ | (0.04) | |||||
Weighted average common shares outstanding | 32,333,657 | 30,421,808 | 32,113,408 | 30,384,339 | |||||||||
Research Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (Unaudited) | |||||||
Six Months Ended | |||||||
December 31, | |||||||
2025 | 2024 | ||||||
Cash flow from operating activities: | |||||||
Net income (loss) | $ | 1,296,306 | $ | (1,311,230) | |||
Adjustment to reconcile net income (loss) to net cash provided by operating activities: | |||||||
Depreciation and amortization | 632,491 | 618,328 | |||||
Stock options expense | 149,262 | 88,045 | |||||
Restricted common stock expense | 276,669 | 864,266 | |||||
Adjustment to contingent earnout liability | 596,603 | 2,406,886 | |||||
Changes in operating assets and liabilities: | |||||||
Accounts receivable | 1,530,063 | (266,255) | |||||
Prepaid expenses and other current assets | (127,818) | (98,613) | |||||
Prepaid royalties | (41,230) | 478,169 | |||||
Accounts payable and accrued expenses | (1,035,903) | (737,670) | |||||
Deferred revenue | (785,267) | (170,433) | |||||
Net cash provided by operating activities | 2,491,176 | 1,871,493 | |||||
Cash flow from investing activities: | |||||||
Purchase of property and equipment | (24,561) | (5,404) | |||||
Net cash used in investing activities | (24,561) | (5,404) | |||||
Cash flow from financing activities: | |||||||
Proceeds from the exercise of stock options | 157,500 | — | |||||
Common stock repurchases | (39,549) | (205,278) | |||||
Payment of contingent acquisition consideration - Scite and FIZ | (2,554,394) | (62,560) | |||||
Net cash used in financing activities | (2,436,443) | (267,838) | |||||
Effect of exchange rate changes | 5,296 | 2,873 | |||||
Net increase in cash and cash equivalents | 35,468 | 1,601,124 | |||||
Cash and cash equivalents, beginning of period | 12,227,312 | 6,100,031 | |||||
Cash and cash equivalents, end of period | $ | 12,262,780 | $ | 7,701,155 | |||
Supplemental disclosures of cash flow information: | |||||||
Cash paid for income taxes | $ | 30,090 | $ | 61,406 | |||
Non-cash investing and financing activities: | |||||||
Contingent consideration accrual on asset acquisition | $ | 20,981 | $ | 30,198 | |||
Common stock issued for Scite earnout payment | $ | 1,453,428 | $ | — | |||
View original content to download multimedia:https://www.prnewswire.com/news-releases/research-solutions-reports-second-quarter-fiscal-year-2026-results-302686897.html
SOURCE Research Solutions, Inc.
Original: Research Solutions Reports Second Quarter Fiscal Year 2026 Results
Research Solutions to Announce Second Quarter Fiscal Year 2026 Results on Thursday, February 12, 2026
January 29, 2026 2:50 PM
PR Newswire (US)
HENDERSON, Nev., Jan. 29, 2026 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, will hold a conference call to discuss its financial results for the second quarter fiscal 2026 ended December 31, 2025, on Thursday, February 12, 2026, at 5:00 p.m. ET. A press release containing the Company's financial results will be issued following the market close. Management will host the conference call, followed by a question-and-answer period.
Date: Thursday, February 12, 2026
Time: 5:00 p.m. ET (2:00 p.m. PT)
Dial-in number: 1-203-518-9708
Conference ID: RESEARCH
Please dial into the conference 5-10 minutes prior to the start time. An operator will register your name and organization. The conference call will be broadcast live and available for replay via the investor relations section of the Company's website at http://researchsolutions.investorroom.com.
A replay of the conference call will be available after 8:00 p.m. Eastern time on the same day through March 12, 2026. To access the replay, dial 1-412-317-6671 and use replay ID 11160799.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) is a vertical SaaS and AI Company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the Company uniquely combines AI-powered tools—including an intelligent research assistant and full-text search capabilities—with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery. For more information and details, please visit www.researchsolutions.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/research-solutions-to-announce-second-quarter-fiscal-year-2026-results-on-thursday-february-12-2026-302674427.html
SOURCE Research Solutions, Inc.
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