secwatch.observer — SEC 8-K summary
======================================

Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001104659-23-100485
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Research Solutions reports Q4 net income $376K; FY net income $572K; revenue up 14% to $37.7M
--------------------------------------------------------------------------------

- Q4 revenue $10.0M (+16% YoY); Platform revenue $2.3M (+22%); ARR $9.4M (+19%)
- Q4 GAAP net income $375,746 ($0.01 EPS) vs net loss $438,267; Adjusted EBITDA $825,087
- FY23 revenue $37.7M (+14%); Platform revenue $8.7M (+28%); Gross margin 39.0% (up 250 bps)
- FY23 net income $571,623 ($0.02 EPS) vs net loss $1.6M; Adjusted EBITDA $2.0M vs -$0.4M
- Post-year-end: acquired ResoluteAI; engaged Jeremy Murphy as advisor to board

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923100485/0001104659-23-100485-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465923100485/tm2326104d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100485

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer