Note 1. Organization, Nature of Business and Basis of Presentation Organization Research Solutions, Inc. (the  Company,   Research Solutions,   we,   us  or  our ) was incorporated in the State of Nevada on November 2, 2006. On March 4, 2013, we consummated a merger with DYSC Subsidiary Corporation, our wholly-owned subsidiary, pursuant to which we, in connection with such merger, amended our Articles of Incorporation to change our name to Research Solutions, Inc. (formerly Derycz Scientific, Inc.). Research Solutions, Inc. is a publicly traded holding company with two wholly owned subsidiaries: Reprints Desk, Inc., a Delaware corporation ( Reprints Desk ) and Reprints Desk Latin America S. de R.L. de C.V, an entity organized under the laws of Mexico ( Reprints Desk Latin America ). On August 18, 2014, the Board of Directors of the Company authorized the immediate disposal of the Company s former subsidiary Techniques Appliquées aux Arts Graphiques, S.p.A. ( TAAG ), an entity organized under the laws of France, at a reasonable price in relation to its current fair value, and in the event such sale was not consummated by September 10, 2014, that management proceed with an insolvency filing by TAAG under French law. On September 15, 2014, the French Tribunal de Commerce appointed an Administrator for TAAG following a declaration of insolvency by our legal representative, and on October 6, 2014 TAAG entered into a judicial liquidation procedure. As a result, effective September 15, 2014, the Company relinquished control of TAAG to the Tribunal and TAAG ceased to be our subsidiary and was deconsolidated from our financial statements. In accordance with consolidation guidance the Company derecognized the assets, liabilities and other comprehensive income of TAAG with a resulting non-cash gain on deconsolidation of $1,548,295 recorded on the consolidated statements of operations on September 15, 2014. In addition, comparative information for prior periods have been restated to segregate the assets, liabilities, revenue