Research Solutions Balance Sheet

Financials in millions USD. Fiscal year is July - June.

Millions USD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	12.26	12.23	6.1	13.55	10.6	11
Cash & Short-Term Investments	12.26	12.23	6.1	13.55	10.6	11
Cash Growth	59.23%	100.45%	-54.97%	27.75%	-3.65%	18.18%
Receivables	5.66	7.19	6.88	6.15	5.25	4.72
Prepaid Expenses	0.75	0.58	1.71	1.6	1.12	1.18
Total Current Assets	18.67	20	14.69	21.3	16.98	16.9
Property, Plant & Equipment	0.07	0.06	0.09	0.07	0.05	0.02
Goodwill	16.37	16.37	16.32	-	-	-
Other Intangible Assets	9.13	9.69	10.76	0.46	-	-
Other Long-Term Assets	0	0	0	0	0	0
Total Assets	44.24	46.12	41.86	21.83	17.03	16.92
Accounts Payable	6.4	7.44	8.84	8.08	6.6	6.69
Current Unearned Revenue	9.92	10.7	9.02	6.42	5.54	4.8
Other Current Liabilities	7.3	7.36	-	-	-	-
Total Current Liabilities	23.61	25.51	17.87	14.5	12.14	11.49
Other Long-Term Liabilities	3.41	6.68	12.3	-	-	-
Total Liabilities	27.02	32.19	30.17	14.5	12.14	11.49
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	41.06	39.06	38.09	29.94	28.07	26.98
Retained Earnings	-23.75	-25.04	-26.31	-22.52	-23.09	-21.46
Comprehensive Income & Other	-0.11	-0.12	-0.12	-0.12	-0.12	-0.12
Shareholders' Equity	17.23	13.93	11.69	7.33	4.88	5.43
Total Liabilities & Equity	44.24	46.12	41.86	21.83	17.03	16.92
Net Cash (Debt)	12.26	12.23	6.1	13.55	10.6	11
Net Cash Growth	59.23%	100.45%	-54.97%	27.75%	-3.65%	19.20%
Net Cash Per Share	0.38	0.39	0.21	0.46	0.40	0.42
Filing Date Shares Outstanding	31.87	31.43	30.6	27.12	26.93	26.37
Total Common Shares Outstanding	31.84	31.08	30.34	27.01	26.68	26.25
Working Capital	-4.94	-5.51	-3.18	6.8	4.83	5.41
Book Value Per Share	0.54	0.45	0.39	0.27	0.18	0.21
Tangible Book Value	-8.27	-12.13	-15.39	6.87	4.88	5.43
Tangible Book Value Per Share	-0.26	-0.39	-0.51	0.25	0.18	0.21
Machinery	-	0.74	0.73	0.67	0.61	0.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q