Research Solutions
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Research Solutions generated cash of $3,550,954, which is more than the previous year. Cash used in financing activities reached the amount of -$905,851 last year. Net change in cash is therefore -$7,445,302.
Cash Flow
| 2015 | -331.89K | -95.22K | -119.22K |
|---|---|---|---|
| 2016 | 185.17K | -196.29K | 4.74M |
| 2017 | -436.84K | 361.34K | -199.32K |
| 2018 | -605.31K | -86.73K | -152.73K |
| 2019 | 576.44K | -15.82K | -100.02K |
| 2020 | 2.41M | 0 | 1.55M |
| 2021 | 1.86M | -19.85K | -159.97K |
| 2022 | -417.2K | -44.28K | 63.27K |
| 2023 | 3.38M | -344.65K | -97.25K |
| 2024 | 3.55M | -10.09M | -905.85K |
RSSS Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 13.54M | 10.60M | 11.00M | 9.31M | 5.35M | 4.90M | 5.77M | 6.07M | 1.35M | 1.88M |
Operating activities | ||||||||||
Net income | -3.78M | 571.62K | -1.63M | -285.08K | -662.24K | -959.95K | -1.67M | -2.29M | -497.85K | 1.16M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 836.27K | 52.64K | 17.65K | 83.85K | 143.56K | 153.89K | 262.99K | 178.79K | 90.84K | 174.81K |
Stock-based compensation expense | 0 | 1.91M | 1.09M | 1.00M | 951.59K | 827.17K | 0 | 630.16K | 713.89K | 834.67K |
| Deferred income tax benefit | 0 | 1.91M | 1.09M | 1.00M | 951.59K | 827.17K | 0 | 630.16K | 713.89K | 834.67K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -344.02K | -901.51K | -534.09K | -268.19K | 43.90K | -241.91K | 1.21M | 296.56K | -599.67K | -894.95K |
Inventories | 0 | -480.34K | 0 | -337.34K | -1.48M | -175.94K | 488.98K | -455.53K | 106.37K | 193.18K |
Accounts payable | 560.02K | 1.33M | -83.15K | 337.34K | 1.48M | 175.94K | -1.75M | 752.28K | 79.31K | -138.24K |
Cash generated by operating activities | 3.55M | 3.38M | -417.2K | 1.86M | 2.41M | 576.44K | -605.31K | -436.84K | 185.17K | -331.89K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -71.51K | -47.20K | -44.28K | -19.85K | 0 | -15.82K | -86.73K | -73.65K | -196.29K | -95.22K |
Acquisitions Net | -10.02M | 0 | 0 | 0 | 0 | 0 | 0 | 435K | 0 | 0 |
Cash generated by investing activities | -10.09M | -344.65K | -44.28K | -19.85K | 0 | -15.82K | -86.73K | 361.34K | -196.29K | -95.22K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 326.35K | 1.87M | 0 | 0 | 0 | 4.78M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -554.20K | -104.25K | -93.91K | -178.01K | -321.60K | -200.02K | -152.73K | -199.32K | -37.74K | -51.70K |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 |
Cash used in financing activities | -905.85K | -97.25K | 63.27K | -159.97K | 1.55M | -100.02K | -152.73K | -199.32K | 4.74M | -119.22K |
Net Change In Cash | -7.44M | 2.94M | -401.16K | 1.69M | 3.95M | 444.91K | -865.77K | -302.92K | 4.72M | -530.50K |
Cash at end of period | 6.10M | 13.54M | 10.60M | 11.00M | 9.31M | 5.35M | 4.90M | 5.77M | 6.07M | 1.35M |
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