Source-grounded facts extracted from Research Solutions, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Research Solutions, Inc. reported third quarter ended March 31, 2024 results: revenue $12.1 million, net income $76,000, EPS $0.00 per diluted share.
“reported financial results for its fiscal third quarter ended March 31, 2024. Fiscal Third Quarter 2024 Summary (compared to prior-year quarter) · Total revenue of $12.1 million, a 17% increase. · Platform revenue up 76% to $4.0 million. Annual Recurring Revenue (“ARR”) up 82% to $16.6 million, which includes approximately $11.7 million of B2B”
Research Solutions, Inc. incurred revolving credit of $500,000 with PNC Bank, National Association at daily SOFR rate plus 2.5% maturing April 15, 2025.
“the Borrowers entered into a Revolving Line of Credit Note (the “ PNC Note ”) with PNC, which provides for a $500,000 secured revolving line of credit that matures on April 15, 2025 and bears interest annually at the daily SOFR rate plus 2.5%”
Research Solutions, Inc. entered into PNC Loan Agreement with PNC Bank, National Association valued at secured revolving line of credit of $500,000 (effective 2024-04-15).
“On April 15, 2024, Research Solutions, Inc. (the “ Company ”) and Reprints Desk, Inc., a wholly owned subsidiary of the Company (collectively and individually, the “ Borrower ”) entered into a Loan Agreement (the “ PNC Loan Agreement ”) with PNC Bank, National Association (“ PNC ”), as lender.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.