Research Solutions Inc
For the period ended May 9, 2024. Filed May 9, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 9, 2024 · Filed May 9, 2024
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RSSS$1.820.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (Unaudited)
(Unaudited)
| Three Months Ended · Nine Months Ended | |||||
|---|---|---|---|---|---|
| March 31, · March 31, | |||||
| 2024 · 2023 · 2024 · 2023 | |||||
| Revenue: | |||||
| Platforms | $3,953,403 | $2,249,632 | $9,679,179 | $6,379,871 | |
| Transactions | 8,162,269 | 8,092,794 | 22,811,206 | 21,363,864 | |
| Total revenue | 12,115,672 | 10,342,426 | 32,490,385 | 27,743,735 | |
| Cost of revenue: | |||||
| Platforms | 571,352 | 268,630 | 1,440,151 | 752,176 | |
| Transactions | 6,062,388 | 6,046,523 | 17,052,934 | 16,211,211 | |
| Total cost of revenue | 6,633,740 | 6,315,153 | 18,493,085 | 16,963,387 | |
| Gross profit | 5,481,932 | 4,027,273 | 13,997,300 | 10,780,348 | |
| Operating expenses: | |||||
| Selling, general and administrative | 5,084,371 | 3,875,802 | 14,903,319 | 10,766,537 | |
| Depreciation and amortization | 309,898 | 18,332 | 525,267 | 30,486 | |
| Total operating expenses | 5,394,269 | 3,894,134 | 15,428,586 | 10,797,023 | |
| Income (loss) from operations | 87,663 | 133,139 | (1,431,286) | (16,675) | |
| Other income | 31,228 | 104,331 | 547,965 | 218,095 | |
| Income (loss) from operations before provision for income taxes | 118,891 | 237,470 | (883,321) | 201,420 | |
| Provision for income taxes | (42,590) | (628) | (82,049) | (5,543) | |
| Net income (loss) | 76,301 | 236,842 | (965,370) | 195,877 | |
| Other comprehensive income (loss): | |||||
| Foreign currency translation | 858 | (4,149) | 6,261 | (2,801) | |
| Comprehensive income (loss) | $77,159 | $232,693 | $(959,109) | $193,076 | |
| Basic income (loss) per common share: | |||||
| Net income (loss) per share | $ | - | $0.01 | $(0.03) | $0.01 |
| Weighted average common shares outstanding | 30,020,652 | 26,929,314 | 28,377,199 | 26,820,557 | |
| Diluted income (loss) per common share: | |||||
| Net income (loss) per share | $ | - | $0.01 | $(0.03) | $0.01 |
| Weighted average common shares outstanding | 33,511,242 | 29,791,719 | 28,377,199 | 28,837,774 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.