secwatch.observer — SEC 8-K summary
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Issuer:     Research Solutions, Inc. (RSSS)
CIK:        0001386301
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001104659-24-118915
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 revenue $12.0M (+20% YoY), net income $669k vs loss, ARR up 60% to $17.6M
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- Total revenue $12.0M (+20% YoY); platform revenue $4.3M (+67%); ARR $17.6M (+60%).
- Gross margin record 47.9% (up 780 bps); adjusted EBITDA $1.3M vs ($441k) prior year.
- Net income $669k ($0.02 diluted EPS) vs net loss ($988k) ($0.04) prior year.
- Operating cash flow positive $0.8M vs burn ($0.8M) prior year; TTM cash flow from ops $5.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386301/000110465924118915/0001104659-24-118915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386301/000110465924118915/tm2428446d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-118915

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