For the quarter ending 2026-03-31, RSSS has $45,945,915 in assets. $26,886,066 in debts. $12,050,396 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 12,050,396 | 12,262,780 | 11,955,763 | 12,227,312 |
| Accounts receivable, net of allowance of 94,234 and 182,324, respectively | 7,601,477 | 5,661,171 | 6,899,181 | 7,191,234 |
| Prepaid expenses and other current assets | 893,176 | 708,075 | 720,261 | 580,257 |
| Prepaid royalties | 132,426 | 42,155 | 80,438 | 925 |
| Total current assets | 20,677,475 | 18,674,181 | 19,655,643 | 19,999,728 |
| Property and equipment, net of accumulated depreciation of 1,003,915 and 964,883, respectively | 57,859 | 65,236 | 68,695 | 60,769 |
| Intangible assets, net of accumulated amortization of 3,648,497 and 2,736,773, respectively | 8,836,604 | 9,130,484 | 9,411,321 | 9,686,241 |
| Goodwill | 16,372,979 | 16,372,979 | 16,372,979 | 16,372,979 |
| Deposits and other assets | 998 | 1,000 | 982 | 957 |
| Total assets | 45,945,915 | 44,243,880 | 45,509,620 | 46,120,674 |
| Accounts payable and accrued expenses | 6,687,477 | 6,397,476 | 7,600,243 | 7,443,757 |
| Deferred revenue | - | 9,916,853 | 9,982,074 | 10,702,120 |
| Deferred revenue, current portion | 11,105,272 | - | - | - |
| Contingent earnout liability, current portion | 7,310,763 | 7,295,596 | 7,296,225 | 7,363,152 |
| Total current liabilities | 25,103,512 | 23,609,925 | 24,878,542 | 25,509,029 |
| Deferred revenue, long-term portion | 56,508 | - | - | - |
| Contingent earnout liability, long-term portion | 1,726,046 | 3,405,356 | 5,036,758 | 6,683,488 |
| Total liabilities | 26,886,066 | 27,015,281 | 29,915,300 | 32,192,517 |
| Common stock 0.001 par value 100,000,000 shares authorized 33,154,273 and 32,479,993 shares issued and outstanding, respectively | 33,154 | 32,875 | 32,824 | 32,480 |
| Additional paid-in capital | 42,023,679 | 41,056,472 | 39,975,022 | 39,059,557 |
| Accumulated deficit | -22,887,181 | -23,747,387 | -24,294,306 | -25,043,693 |
| Accumulated other comprehensive loss | -109,803 | -113,361 | -119,220 | -120,187 |
| Total stockholders' equity | 19,059,849 | 17,228,599 | 15,594,320 | 13,928,157 |
| Total liabilities and stockholders' equity | 45,945,915 | 44,243,880 | 45,509,620 | 46,120,674 |
Research Solutions, Inc. (RSSS)
Research Solutions, Inc. (RSSS)