Highest-materiality recent filing
Research Solutions appoints David Kutil as CFO, terminates Sefton Cohen as CRO
David Kutil appointed CFO effective July 28, 2026; previously interim CFO since Dec 2025.
RSSS Q3 net income up 297% to $860K; ARR +8.5% to $22.1M
Total revenue $12.1M (-4.3% YoY); platform revenue +6.6% to $5.2M (43% of total).
Research Solutions Q2 FY2026: net income of $547K vs $2M loss; ARR up 14% to $21.8M
ARR grew 14% YoY to $21.8M, with B2B ARR up 20% to $15.3M and B2C ARR up 1% to $6.4M.
Research Solutions CFO William Nurthen resigns; Controller Dave Kutil named interim CFO
William Nurthen resigned as CFO and Secretary effective Dec 10, 2025, to pursue another opportunity; no disagreement with company.
Research Solutions annual meeting: all directors elected, executive pay approved
Six directors re-elected with 17.1M–17.8M votes for each; no withhold majority.
Research Solutions Q1 ARR up 21% to $21.3M; net income rises 12% to $749K
Total revenue of $12.3M (+2% YoY); platform revenue $5.1M (+18%) now 42% of total.
Research Solutions reports record FY2025 net income and Adjusted EBITDA; Platform revenue up 36% YoY
FY2025 net income $1.3M vs loss $3.8M; Adjusted EBITDA record $5.3M, up from $2.2M.
Research Solutions reports preliminary Q4/FY25 record revenue, net income, EBITDA, cash flow
Platform revenue up 21% YoY to ~$5.2M; ARR grows 20% to $20.9M.
Research Solutions terminates COO Scott Ahlberg effective June 30, 2025
Scott Ahlberg terminated as Chief Operating Officer effective June 30, 2025.
Research Solutions Q3 ARR tops $20M, net income $216K, adj. EBITDA record $1.4M
Total revenue $12.7M (+4.5% YoY); platform revenue up 22% to $4.8M (38% of total).
Research Solutions extends $500K PNC line of credit to April 2026
Line of credit maturity extended from April 15, 2025 to April 15, 2026; all other terms unchanged.
RSSS Q2 FY2025: Revenue $11.9M (+15.5%), ARR $19.1M (+23%), net loss $2.0M due to Scite earnout
Total revenue $11.9M (+15.5% YoY); platform revenue $4.6M (+47%) driven by record 61 net new B2B deployments.
Research Solutions amends 8-K to confirm auditor dismissal effective Nov 14, 2024
Dismissal of Weinberg & Company became effective upon filing of Q1 FY2025 10-Q on Nov 14, 2024.
Former CEO Peter Derycz sells 2,000,000 RSSS shares to block of investors
Peter Derycz, former CEO and Chairman, sold 2,000,000 shares pre-market on Dec 4, 2024.
Q1 revenue $12.0M (+20% YoY), net income $669k vs loss, ARR up 60% to $17.6M
Total revenue $12.0M (+20% YoY); platform revenue $4.3M (+67%); ARR $17.6M (+60%).
Six directors elected: Cooperman, Gayron, McPeak, Murphy, Olivier, Regazzi with >18M votes each.
Weinberg dismissed as auditor effective after filing Q1 FY2025 10-Q (quarter ended Sep 30, 2024); no disagreements or reportable events.
Research Solutions dismisses Weinberg & Co., appoints Wipfli LLP as auditor
Weinberg's reports for FY2024 and FY2023 were unqualified; no adverse opinions or modifications.
Research Solutions enters CEO employment agreement with Roy W. Olivier
Annual base salary set at $425,000; eligible for board-determined executive bonus plan.
Research Solutions reports 22% revenue growth, ARR up 84% to $17.4M, record adjusted EBITDA
Q4 revenue $12.1M (+22% YoY); platform revenue $4.3M (+86%); ARR $17.4M (+84%).
Research Solutions preliminary Q4 rev $12.1M (+22% YoY); platform rev up 86%, ARR $17.4M
Q4 total revenue ~$12.1M (+22% YoY); platform revenue $4.3M (+86% YoY); ARR $17.4M (+85% YoY).
Research Solutions Q3 revenue $12.1M (+17% YoY); ARR $16.6M (+82%); adjusted EBITDA record $961K
Total revenue $12.1M, up 17% YoY; platform revenue $4.0M (+76% YoY).
Research Solutions enters $500K secured revolving credit facility with PNC Bank
$500,000 revolving line of credit matures April 15, 2025; interest at daily SOFR + 2.5%.
Research Solutions Q2 FY2024 revenue up 18.3% to $10.3M; ARR hits $15.6M
Platform revenue +48% to $3.1M; total ARR $15.57M (+77% YoY) including $3.95M B2C from Scite.
Scite FY2023 revenue $1.12M (trade $923K, grant $198K); net loss $413K.
Research Solutions corrects board appointment date for Kenneth L. Gayron to Dec 4, 2023
Kenneth L. Gayron joined the Board effective December 4, 2023, correcting prior disclosure.
Research Solutions completes acquisition of Scite, Inc. effective December 1, 2023
Merger of Scite into a wholly-owned subsidiary completed Dec 1, 2023; surviving entity renamed Scite, LLC.
Research Solutions acquires AI platform scite for $14.8M; adds $3.6M in subscription revenue
Enterprise value $14.8M (~4.11x annualized subscription revenue); consideration ~50% cash, ~50% RSSS stock.
Research Solutions stockholders elect directors and ratify auditor at annual meeting
All six director nominees elected: Cooperman (17.7M for, 1.9M withheld), Gayron, McPeak, Murphy, Olivier, Regazzi.
Research Solutions Q1 revenue up 16% to $10.1M, net loss $0.04/shr on $1.2M in one-time costs
Total revenue $10.1M (+16% YoY); platform revenue $2.6M (+29%); ARR $11.0M (+32% YoY).
Research Solutions settles proxy fight; founder/executive chairman Derycz departs board
Peter Derycz's employment terminated without cause; resigns from board and all committees effective Sept 15, 2023.
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%)
Director Eugene Robin resigns; Jeremy Murphy to serve as adviser and intended nominee
Eugene Robin resigned from Board on August 28, 2023, due to new employer's compliance policy, not due to any disagreement.
Furnished corporate presentation (Exhibit 99.1) for use at investor conference on August 23, 2023.
Q4 revenue ~$10M (+16% YoY); platform rev $2.3M (+22%); ARR $9.4M (+19%).
Research Solutions acquires ResoluteAI for $3.215M; adds $1.3M ARR
Enterprise value $3.215M (≈2.5x ARR); cash at close reduced by $0.3M for deferred revenue.
Research Solutions acquires ResoluteAI for $2.1M cash plus earnout; adds $1.3M ARR
Cash consideration $2.1M plus earnout of 3.5x ending ARR minus enterprise value, paid over 8 quarters.
Research Solutions Q3: revenue $10.3M, ARR $9.1M, net income turns positive
Revenue $10.3M (+18% YoY); Platform rev $2.2M (+26%); ARR $9.1M (+24%).
Research Solutions confirms continued access to SVB credit facility and deposits
Company retains ability to borrow on SVB revolving loan facility; deposits and banking services fully accessible.
Research Solutions discloses near-total deposit exposure to SVB; no borrowings outstanding
Maintains at least 85% of total deposit accounts at Silicon Valley Bank per loan covenant.
Research Solutions Q2 FY23 revenue up 10.7% to $8.7M; platform rev +31%, ARR $8.8M
Total revenue $8.7M (+10.7% YoY); platform rev $2.1M (+31%); transaction rev $6.6M (+5.4%).
Research Solutions stockholders elect directors, ratify auditors, approve say-on-pay
All six director nominees elected by wide margins; top vote-getter Barbara J. Cooperman with 14.6M votes.
Research Solutions acquires FIZ Karlsruhe's AutoDoc customer contracts for up to €550K
Reprints Desk subsidiary buys ~700 AutoDoc customer contracts (400 active on TTM basis) from FIZ Karlsruhe.
Research Solutions adopts long-term equity bonus program with stock price vesting targets
Up to 2.2M restricted stock awards to key executives under 2017 Omnibus Incentive Plan.
Research Solutions Q3 FY2022: record revenue $8.8M, ARR up 32% to $7.3M, net loss $0.01/share
Total revenue $8.8M (+5% YoY); platform revenue $1.8M (+33% YoY); transaction revenue flat at $7.0M.
Maturity of revolving line extended from original to February 28, 2024.
Research Solutions appoints Barbara J. Cooperman to Board of Directors
Board expanded from five to six directors; Cooperman appointed effective Feb 8, 2022.
Research Solutions Q2 revenue up 5.7% to $7.9M, ARR rises 36% to $6.8M, net loss widens
Total revenue $7.9M (+5.7% YoY); platform revenue $1.6M (+31%); gross margin 36.0% (+390 bps).
Stockholders approve all proposals at 2021 annual meeting; incentive plan share pool doubled
Elected all five directors: John Regazzi, Eugene Robin, Peter Victor Derycz, General Merrill McPeak, Roy W. Olivier with >14M votes each.
Research Solutions Q1 FY22: net loss $0.01/share, platform ARR up 33% to $6.3M
Total revenue $7.7M unchanged YoY; net loss $372K vs net income $15K prior.
On July 31, 2026, Research Solutions, Inc. terminated Sefton Cohen from the position of Chief Revenue Officer.
On July 28, 2026, Research Solutions, Inc. (the “Company”) appointed Dave Kutil as the Company’s Chief Financial Officer (“CFO”).
the Company terminated Mr. Derycz’s employment as Executive Chairman of the Board without cause. Mr. Derycz’s termination resulted in the resignation of Mr. Derycz from the Board and from all committees on which he served effective as of September 15, 2023.
On August 28, 2023, Eugene Robin resigned as a member of the Board of Directors (the “Board”) of Research Solutions, Inc. (the “Registrant”) and its subsidiaries.
Effective February 8, 2022, pursuant to the authority granted under the Registrant’s Amended and Restated Bylaws, the Registrant’s Board of Directors (“Board”) increased the number of directors constituting the Board to six, and appointed Barbara J. Cooperman to fill the vacant seat on the Board.
On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Employment Agreement with William Nurthen (the “Nurthen Agreement”) pursuant to which Mr. Nurthen, age 48, will serve as the Registrant’s Chief Financial Officer.
On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Amended and Restated Employment Agreement with Roy W. Olivier (the “Olivier Agreement”) pursuant to which Mr. Olivier will serve as the Registrant’s Chief Executive Officer and President
On October 4, 2021, Alan Urban resigned as the Registrant’s Chief Financial Officer and Secretary.
Max materiality 0.85 · Median 0.60 · Most common event earnings