Filing Analysis
Research Solutions, Inc. announced its financial results for the third fiscal quarter ended March 31, 2026. The results were furnished via a press release and do not contain any immediate material disclosures beyond standard quarterly reporting.
🚩 Red Flags
- The company is currently operating with an Interim Chief Financial Officer (David Kutil), indicating a potential vacancy or transition in the permanent executive team
📋 Key Facts
- Financial results reported for the third quarter ended March 31, 2026
- The company operates as a fully remote entity with no principal executive offices
- The report was signed by David Kutil in his capacity as Interim Chief Financial Officer
Research Solutions, Inc. (RSSS) filed an 8-K to announce its financial results for the second quarter ended December 31, 2025.
📋 Key Facts
- Report date: February 12, 2026
- Reporting period: Second Quarter Fiscal Year 2026 (ended Dec 31, 2025)
- The filing is an announcement of earnings results via press release (Exhibit 99.1)
Research Solutions, Inc. announced the resignation of CFO and Secretary William Nurthen, effective December 10, 2025. The company has appointed Global Controller Dave Kutil as Interim CFO.
🚩 Red Flags
- Sudden departure of the Chief Financial Officer (CFO) can sometimes signal internal friction, though the company explicitly stated no disagreement exists.
- Appointment of an 'Interim' CFO rather than a permanent replacement may suggest uncertainty in the recruitment timeline or transition period.
📋 Key Facts
- William Nurthen resigned as CFO and Secretary on December 10, 2025; the departure is not due to any disagreement regarding operations or financial reporting.
- Dave Kutil appointed as Interim CFO and Secretary effective December 10, 2025.
- Interim CFO compensation includes a $250,000 annual base salary and an eligibility for a bonus up to $50,000.
- Mr. Kutil was granted 30,000 shares of restricted stock vesting over three years.
Research Solutions, Inc. filed an 8-K to announce its financial results for the first quarter ended September 30, 2025. The filing serves as a formal announcement of quarterly earnings performance.
📋 Key Facts
- Reporting period: First Quarter Fiscal Year 2026 (ended September 30, 2025).
- Announcement date: November 13, 2025.
- The company operates as a fully remote entity with no principal executive offices.
Research Solutions, Inc. held its annual meeting of stockholders on November 12, 2025. The filing reports the results of shareholder votes regarding director elections, auditor ratification, and executive compensation advisory votes.
📋 Key Facts
- Annual meeting held on November 12, 2025.
- Total shares entitled to vote: 32,821,783; Shares represented (in person/proxy): 24,873,088 (75.78%).
- Six members of the Board of Directors were elected, including Barbara J. Cooperman and Kenneth L. Gayron.
- Wipfli LLP was ratified as independent accountants for the fiscal year ending June 30, 2026.
- Stockholders approved executive compensation via a non-binding advisory vote.
- Stockholders voted in favor of holding an advisory vote on executive compensation every 1 year.
Research Solutions, Inc. announced its financial results for the fourth quarter and fiscal year ended June 30, 2025. The filing serves as a formal announcement of earnings via an attached press release.
📋 Key Facts
- Reporting period: Fourth quarter and fiscal year ended June 30, 2025.
- Announcement date: September 18, 2025.
- The company is a fully remote entity with no principal executive offices as of November 2019.
Research Solutions, Inc. filed an 8-K to announce its preliminary financial results for the fourth quarter and fiscal year ended June 30, 2025.
📋 Key Facts
- Report date: August 19, 2025
- Reporting period: Fourth quarter and fiscal year ended June 30, 2025
- The filing includes a press release (Exhibit 99.1) regarding preliminary results.
- Company operates as a fully remote entity with no principal executive offices.
Research Solutions, Inc. announced the termination of its Chief Operating Officer, Scott Ahlberg, effective June 30, 2025.
🚩 Red Flags
- Sudden departure of a C-suite officer (COO) can sometimes indicate internal friction or operational shifts, though no specific cause was provided in the filing.
📋 Key Facts
- Scott Ahlberg was terminated from the position of Chief Operating Officer on June 30, 2025.
- The filing was signed by William Nurthen, Chief Financial Officer, on July 3, 2025.
Research Solutions, Inc. filed an 8-K to announce its financial results for the third quarter ended March 31, 2025. The filing serves as a formal announcement of quarterly earnings via an attached press release.
📋 Key Facts
- Report date: May 8, 2025
- Reporting period: Third Quarter ended March 31, 2025
- Company is fully remote with no principal executive offices as of November 2019
- The filing includes a press release (Exhibit 99.1) detailing fiscal third quarter 2025 results
Research Solutions, Inc. has extended its existing revolving line of credit with PNC Bank, National Association for an additional year. The extension moves the expiration date from April 15, 2025, to April 15, 2026.
🚩 Red Flags
- Relatively small credit facility ($500k) suggests limited liquidity/working capital scale.
📋 Key Facts
- Lender: PNC Bank, National Association
- Borrower: Research Solutions, Inc. and its subsidiary Reprints Desk, Inc.
- Extension Period: From April 15, 2025, to April 15, 2026 (or as designated by Lender)
- Credit Limit: Up to $500,000.00
- Security: Secured by substantially all of the assets of the Borrower
- Effective Date: April 16, 2025
Research Solutions, Inc. filed an 8-K to announce its financial results for the second quarter ended December 31, 2024.
📋 Key Facts
- Report date: February 13, 2025
- Reporting period: Second Quarter ended December 31, 2024
- The filing includes a press release (Exhibit 99.1) detailing fiscal results.
- Company operates as a fully remote entity with no principal executive offices.
Research Solutions, Inc. filed an amendment to its 8-K to finalize the effective date of the dismissal of its previous auditor, Weinberg and Company, P.A., following the filing of the Q3 2024 10-Q.
🚩 Red Flags
- Auditor change (dismissal of previous auditor)
- Multiple amendments (Amendment No. 2) to the original 8-K filing indicate ongoing administrative/reporting updates related to this transition.
📋 Key Facts
- Dismissal of Weinberg and Company, P.A. became effective on November 14, 2024 (the Dismissal Date).
- Wipfli LLP was engaged to audit consolidated financial statements for the fiscal year ending June 30, 2025.
- Wipfli began reviewing unaudited quarterly financial statements starting with the quarter ended December 31, 2024.
- The company stated there were no disagreements with Weinberg regarding accounting principles, practices, or auditing scope.
Former CEO and Chairman Peter Derycz sold 2,000,000 shares of common stock to a block of investors on December 4, 2024. The company states the sale is intended to increase public float and reduce potential selling overhang.
🚩 Red Flags
- Significant insider divestment: The former CEO liquidated 'most of his holdings'.
📋 Key Facts
- Peter Derycz (former CEO and Chairman) sold 2,000,000 shares of common stock.
- The transaction occurred pre-market on December 4, 2024.
- The sale represents most of Mr. Derycz's holdings in the company.
- The shares were sold to a block of investors.
Research Solutions, Inc. filed an 8-K to announce its financial results for the first quarter ended September 30, 2024. The filing serves as a formal mechanism to furnish quarterly earnings data via a press release.
📋 Key Facts
- Reported date: November 14, 2024
- Reporting period: Fiscal First Quarter ended September 30, 2024
- The filing includes Exhibit 99.1 containing the 'Research Solutions Reports Fiscal First Quarter 2025 Results' press release.
- Signed by William Nurthen, Chief Financial Officer.
Research Solutions, Inc. reported the results of its annual meeting of stockholders held on November 12, 2024. The meeting included votes for director elections, auditor ratification, and a non-binding advisory vote on executive compensation.
📋 Key Facts
- Annual meeting held on November 12, 2024.
- Total shares entitled to vote: 32,545,292; Shares represented (in person/proxy): 24,787,466 (76.16%).
- Six members of the Board of Directors were elected: Barbara J. Cooperman, Kenneth L. Gayron, General Merrill McPeak, Jeremy Murphy, Roy W. Olivier, and John Regazzi.
- Wipfli LLP was ratified as independent accountants for the fiscal year ending June 30, 2025.
- Stockholders approved a non-binding advisory vote regarding executive compensation.
Research Solutions, Inc. is amending its previous 8-K to clarify the dismissal of Weinberg and Company, P.A. as its independent auditor. The company has appointed Wipfli LLP to take over auditing duties starting with the fiscal quarter ending December 31, 2024.
🚩 Red Flags
- Auditor change (dismissal of existing firm) can sometimes precede reporting issues, though no disagreements were explicitly noted in this filing.
- The company had to file an 'Amendment No. 1' (8-K/A) to clarify the effective dates and transition timeline.
📋 Key Facts
- Dismissal of Weinberg and Company, P.A. is effective immediately following the filing of the 10-Q for the quarter ended September 30, 2024.
- Wipfli LLP has been appointed as the new independent registered public accounting firm.
- Wipfli will begin reviewing unaudited quarterly financial statements starting with the fiscal quarter ending December 31, 2024.
- The company stated there were no disagreements with Weinberg regarding accounting principles, practices, or auditing scope for the periods ended June 30, 2023, and June 30, 2024.
Research Solutions, Inc. announced the dismissal of its independent registered public accounting firm, Weinberg and Company, P.A., and the appointment of Wipfli LLP as its new auditor, effective October 8, 2024.
🚩 Red Flags
- Auditor change (dismissal of existing firm) can sometimes precede restatements or disagreements, though the company explicitly denies any such issues in this filing.
📋 Key Facts
- Dismissal of Weinberg and Company, P.A. occurred on October 8, 2024.
- Appointment of Wipfli LLP as the new independent registered public accounting firm on October 8, 2024.
- The company stated there were no disagreements with Weinberg regarding accounting principles, financial statement disclosure, or auditing scope/procedures for fiscal years 2023, 2024, or the interim period through Oct 8, 2024.
- Weinberg's reports for FY 2023 and FY 2024 did not contain adverse opinions, disclaimers of opinion, or qualifications/modifications.
Research Solutions, Inc. entered into a new employment agreement with Roy W. Olivier on October 4, 2024, outlining his terms as CEO and President. The filing details compensation structures including salary, bonus eligibility, and severance provisions.
🚩 Red Flags
- Significant severance obligation (18 months of salary) in the event of termination without cause.
📋 Key Facts
- Roy W. Olivier enters/continues as Chief Executive Officer and President effective October 4, 2024.
- Annual base salary is set at $425,000.
- Severance package includes pro-rated cash payments over an 18-month period if terminated without Cause or by the executive for Good Reason.
- Includes non-solicitation and non-competition covenants for a period of two years post-employment.
Research Solutions, Inc. filed an 8-K to announce its financial results for the fourth quarter and fiscal year ended June 30, 2024.
📋 Key Facts
- Reporting period: Fourth quarter and fiscal year ended June 30, 2024.
- Filing date: September 19, 2024.
- The filing includes a press release (Exhibit 99.1) detailing the financial results.
Research Solutions, Inc. announced preliminary financial results for its fourth quarter and fiscal year ended June 30, 2024.
📋 Key Facts
- Preliminary results reported for Q4 and FY2024 (ended June 30, 2024).
- Filing date: August 19, 2024.
- The announcement includes a press release furnished as Exhibit 99.1.
Research Solutions, Inc. announced its financial results for the third quarter ended March 31, 2024. The filing serves as a formal announcement of quarterly earnings via an attached press release.
📋 Key Facts
- Reporting period: Third Quarter ended March 31, 2024
- Announcement date: May 9, 2024
- Filing includes Exhibit 99.1 (Press Release) regarding fiscal third quarter results
Research Solutions, Inc. entered into a loan agreement and a $500,000 secured revolving line of credit with PNC Bank, National Association. The facility is intended for future strategic initiatives or working capital needs.
🚩 Red Flags
- Secured debt uses 'substantially all' of the Borrower's assets as collateral.
📋 Key Facts
- Entered into a Loan Agreement and Security Agreement on April 15, 2024.
- Established a $500,000 secured revolving line of credit (PNC Note) maturing on April 15, 2025.
- Interest rate is set at the daily SOFR rate plus 2.5%.
- The loan is secured by substantially all of the Borrower's assets as collateral.
- Company stated that current loans are not required to fund immediate operations.
Research Solutions, Inc. filed an 8-K to announce its financial results for the second quarter ended December 31, 2023. The filing serves as a formal announcement of quarterly earnings via a press release.
📋 Key Facts
- Reporting period: Second Quarter ended December 31, 2023.
- Filing date: February 8, 2024.
- The report includes the results of operations and financial condition as per Item 2.02.
- Financial statements are provided in Exhibit 99.1 via a press release.
Research Solutions, Inc. filed an amendment to its 8-K to provide historical and pro forma financial information following the completed merger of Scite, Inc.
📋 Key Facts
- The filing is an Amendment (Form 8-K/A) to an original report filed on December 1, 2023.
- Research Solutions acquired Scite, Inc. through a merger involving its subsidiary, Research Solutions Acquisition 2, LLC.
- Includes audited financial statements for Scite as of June 30, 2023 (Exhibit 99.1).
- Includes unaudited interim condensed balance sheets and statements of operations for Scite as of September 30, 2023 (Exhibit 99.2).
- Provides unaudited pro forma condensed combined financial information giving effect to the merger (Exhibit 99.3).