Research Solutions, Inc. (RSSS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 20.68M | 18.67M | 19.66M | 20M | 18.84M | 16.15M | 14.45M | 14.69M | 13.18M | 11.62M | 17.82M | 21.3M | 20.13M | 16.89M | 15.9M | 16.98M | 17.56M | 16.28M | 16.05M | 16.9M |
| Cash & Short-Term Investments | 12.05M | 12.26M | 11.96M | 12.23M | 9.85M | 7.7M | 6.92M | 6.1M | 4.22M | 2.7M | 9.88M | 13.55M | 12.13M | 11.26M | 10.39M | 10.6M | 10.64M | 10.68M | 10.87M | 11M |
| Cash Only | 12.05M | 12.26M | 11.96M | 12.23M | 9.85M | 7.7M | 6.92M | 6.1M | 4.22M | 2.7M | 9.88M | 13.55M | 12.13M | 11.26M | 10.39M | 10.6M | 10.64M | 10.68M | 10.87M | 11M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 7.6M | 5.66M | 6.9M | 7.19M | 7.6M | 7.12M | 6.3M | 6.88M | 7.32M | 7.29M | 6.46M | 6.15M | 6.8M | 5.24M | 5.17M | 5.25M | 5.62M | 4.62M | 4.7M | 4.72M |
| Days Sales Outstanding | 49.24 | 48.99 | 52.64 | 54.12 | 52.32 | 51.79 | 50.33 | 53.26 | 54.88 | 61.32 | 57.67 | 59.16 | 52.39 | 54.95 | 55.2 | 57.79 | 52.62 | 54.47 | 55.97 | 53.88 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.08M | 1.17M | 1.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | 17.75 | 18.08 | 18.12 | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.03M | 750.23K | 800.7K | 581.18K | 1.38M | 742.17K | 649.5K | 643.55K | 635K | 547.79K | 314.05K | 400.34K | 398.73K | 343.63K | 205.12K | 0 | 0 | -1 | -1 | 270.25K |
| Total Non-Current Assets | 25.27M | 25.57M | 25.85M | 26.12M | 26.39M | 26.64M | 26.92M | 27.17M | 27.62M | 27.85M | 5.86M | 533.31K | 485.55K | 353.54K | 344.19K | 48.88K | 44.58K | 41.8K | 22.06K | 21.66K |
| Property, Plant & Equipment | 57.86K | 65.24K | 68.69K | 60.77K | 60.05K | 63.35K | 71.66K | 88.01K | 94.08K | 103.19K | 91.33K | 70.19K | 53.77K | 55.16K | 45.85K | 47.98K | 43.67K | 40.92K | 21.19K | 20.75K |
| Fixed Asset Turnover | 196.95x | 176.10x | 190.20x | 205.89x | 205.20x | 176.49x | 150.87x | 133.27x | 122.83x | 106.04x | 124.58x | 160.69x | 189.89x | 172.58x | 185.11x | 186.83x | 207.06x | 253.52x | 369.20x | 457.55x |
| Goodwill | 16.37M | 16.37M | 16.37M | 16.37M | 16.37M | 16.35M | 16.35M | 16.32M | 16.49M | 16.45M | 3.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.84M | 9.13M | 9.41M | 9.69M | 9.96M | 10.23M | 10.5M | 10.76M | 11.03M | 11.29M | 2.53M | 462.07K | 430.79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 998 | 1K | 982 | 957 | 881 | 867 | 915 | 981 | 1.09K | 1.06K | 1.03K | 1.05K | 997 | 298.37K | 298.34K | 893 | 905 | 880 | 877 | 906 |
| Total Assets | 45.95M | 44.24M | 45.51M | 46.12M | 45.23M | 42.79M | 41.36M | 41.86M | 40.8M | 39.46M | 23.68M | 21.83M | 20.61M | 17.24M | 16.24M | 17.03M | 17.6M | 16.32M | 16.07M | 16.92M |
| Asset Turnover | 0.27x | 0.26x | 0.27x | 0.27x | 0.29x | 0.28x | 0.29x | 0.29x | 0.30x | 0.33x | 0.44x | 0.47x | 0.55x | 0.52x | 0.52x | 0.49x | 0.52x | 0.49x | 0.47x | 0.48x |
| Asset Growth % | 1.59% | 3.4% | 10.03% | 10.18% | 10.84% | 8.43% | 74.64% | 91.71% | 97.95% | 128.84% | 45.81% | 28.24% | 17.09% | 5.66% | 1.08% | 0.64% | 1.62% | 6.04% | 0.52% | 14.22% |
| Total Current Liabilities | 25.1M | 23.61M | 24.88M | 25.51M | 24.9M | 20.92M | 16.3M | 17.87M | 17.88M | 16.71M | 14.93M | 14.5M | 14.22M | 11.6M | 10.92M | 12.14M | 12.43M | 11.26M | 10.9M | 11.49M |
| Accounts Payable | 6.69M | 6.4M | 7.6M | 7.44M | 8.53M | 8.1M | 8.26M | 8.84M | 9.01M | 8.86M | 8.54M | 8.08M | 7.7M | 0 | 5.57M | 6.6M | 7.08M | 6.51M | 6.46M | 6.69M |
| Days Payables Outstanding | 95.46 | 114.66 | 113.69 | 113.36 | 117.06 | 123.52 | 125.29 | 119.45 | 122.6 | 137.33 | 126.81 | 118.86 | 109.68 | - | 104.93 | 117.86 | 110.89 | 118.56 | 119.02 | 118.32 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 11.11M | 9.92M | 9.98M | 10.7M | 10.36M | 8.85M | 8.05M | 9.02M | 8.87M | 7.84M | 6.39M | 6.42M | 6.52M | 5.97M | 5.36M | 5.54M | 0 | 0 | 0 | 4.8M |
| Other Current Liabilities | 7.31M | 7.3M | 7.3M | 7.36M | 6.02M | 3.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.63M | 0 | 0 | 5.34M | 4.74M | 4.44M | 0 |
| Current Ratio | 0.82x | 0.79x | 0.79x | 0.78x | 0.76x | 0.77x | 0.89x | 0.82x | 0.74x | 0.70x | 1.19x | 1.47x | 1.42x | 1.46x | 1.46x | 1.40x | 1.41x | 1.45x | 1.47x | 1.47x |
| Quick Ratio | 0.82x | 0.79x | 0.79x | 0.78x | 0.76x | 0.77x | 0.89x | 0.82x | 0.74x | 0.63x | 1.12x | 1.39x | 1.42x | 1.46x | 1.46x | 1.40x | 1.41x | 1.45x | 1.47x | 1.47x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -58.26 | -51.05 | -41.57 | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.78M | 3.41M | 5.04M | 6.68M | 9.09M | 10.74M | 12.3M | 12.3M | 8.79M | 8.79M | 1.87M | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.73M | 3.41M | 5.04M | 6.68M | 9.09M | 10.74M | 12.3M | 12.3M | 8.79M | 8.79M | 1.87M | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Total Liabilities | 26.89M | 27.02M | 29.92M | 32.19M | 34M | 31.66M | 28.6M | 30.17M | 26.67M | 25.5M | 16.8M | 14.5M | 14.22M | 11.6M | 10.92M | 12.14M | 12.43M | 11.26M | 10.9M | 11.49M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -12.05M | -12.26M | -11.96M | -12.23M | -9.85M | -7.7M | -6.92M | -6.1M | -4.22M | -2.7M | -9.88M | -13.55M | -12.13M | -11.26M | -10.39M | -10.6M | -10.64M | -10.68M | -10.87M | -11M |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -8.80x | -11.61x | -9.36x | -8.51x | -11.34x | -19.30x | -7.22x | -6.23x | -10.62x | - | - | -48.82x | -80.10x | - | -56.02x | - | - | - | - | - |
| Interest Coverage | 4.29x | - | - | - | - | - | - | - | - | - | - | 1.09x | - | - | - | - | -10.65x | - | - | - |
| Total Equity | 19.06M | 17.23M | 15.59M | 13.93M | 11.23M | 11.13M | 12.76M | 11.69M | 14.13M | 13.96M | 6.89M | 7.33M | 6.39M | 5.65M | 5.32M | 4.88M | 5.18M | 5.06M | 5.17M | 5.43M |
| Equity Growth % | 69.71% | 54.84% | 22.22% | 19.1% | -20.51% | -20.32% | 85.26% | 59.53% | 121.01% | 147.24% | 29.49% | 50.1% | 23.46% | 11.51% | 2.9% | -10.01% | 0.27% | -2.5% | 3.35% | 11.69% |
| Book Value per Share | 0.60 | 0.55 | 0.50 | 0.43 | 0.36 | 0.37 | 0.38 | 0.36 | 0.42 | 0.50 | 0.25 | 0.24 | 0.21 | 0.21 | 0.19 | 0.18 | 0.20 | 0.19 | 0.20 | 0.21 |
| Total Shareholders' Equity | 19.06M | 17.23M | 15.59M | 13.93M | 11.23M | 11.13M | 12.76M | 11.69M | 14.13M | 13.96M | 6.89M | 7.33M | 6.39M | 5.65M | 5.32M | 4.88M | 5.18M | 5.06M | 5.17M | 5.43M |
| Common Stock | 33.15K | 32.88K | 32.82K | 32.48K | 32.41K | 32.64K | 32.51K | 32.3K | 32.28K | 32.62K | 29.62K | 29.49K | 29.5K | 29.16K | 27.33K | 27.08K | 27K | 26.82K | 26.59K | 26.5K |
| Retained Earnings | -22.89M | -23.75M | -24.29M | -25.04M | -27.4M | -27.62M | -25.64M | -26.31M | -23.49M | -23.56M | -23.51M | -22.52M | -22.9M | -23.14M | -22.88M | -23.09M | -22.66M | -22.32M | -21.83M | -21.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -109.8K | -113.36K | -119.22K | -120.19K | -125.67K | -122.35K | -124.99K | -118.82K | -111.96K | -112.82K | -119.17K | -118.22K | -124.74K | -120.59K | -127.12K | -121.94K | -120.76K | -122.37K | -122.55K | -119.58K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |