Technology
Research Solutions Reports Fiscal Second Quarter 2025 Results
Published
2 years agoon
By
Reports 23 Percent Increase in ARR to $19.1 Million and 61 Net New Platform Deployments
HENDERSON, Nev., Feb. 13, 2025 /PRNewswire/ — Research Solutions, Inc. (NASDAQ: RSSS), the leading AI-powered research workflow platform, reported financial results for its fiscal second quarter ended December 31, 2024.
Fiscal Second Quarter 2025 Summary
Total revenue of $11.9 million, a 15.5% increase from the prior-year quarter.Platform revenue up 47% to $4.6 million. Platform revenue accounted for 39% of total revenue as compared to 30% in the prior-year quarter.Annual Recurring Revenue (“ARR”) up 23% to $19.1 million, which includes approximately $12.7 million of B2B recurring revenue and $6.4 million of B2C recurring revenue.Gross profit up 30% from the prior-year quarter. Total gross margin improved 540 basis points to 48.9%.Net loss of $2.0 million or ($0.07) per share, compared to a net loss of ($54,000) or nil per share in the prior-year quarter. The quarter’s results include a charge of approximately $2.4 million related to increasing the projected contingent earnout liability for Scite.Adjusted EBITDA of $963,000 compared to $318,000 in the prior-year quarter. The result is inclusive of $112,000 in commission fees related to the sale of stock by the Company’s former Chairman. On a trailing twelve-months (“TTM”) basis, the Company has now generated Adjusted EBITDA of $4.6 million, which represents a 9.5% margin.Cash flow from operations of over $1 million in the quarter, compared to $0.3 million in the prior-year quarter.
“Our second quarter results benefited from the continued recognition of the advantages and savings our products offer within the research process and the conclusion of the election cycle, which removed some near-term economic uncertainty. We experienced strong growth in both B2B and B2C ARR. The 61 net new B2B platform deployments represent our best organic performance ever recorded in a quarter, and we also recorded a nearly $1 million sequential increase in B2C recurring revenue. The reported net loss in the quarter is related to the continued outperformance of Scite, which experienced strong academic B2B sales in the quarter in addition to B2C growth,” said Roy W. Olivier, President and CEO of Research Solutions. “Lastly, I am delighted that during the quarter our former Chairman largely exited his ownership position, eliminating an overhang that had weighed down the stock price for some time, enabling that stock to be diversified across multiple new shareholders.”
Fiscal Second Quarter 2025 Results
Total revenue was $11.9 million, a 15.5% increase from $10.3 million in the year-ago quarter as both platform and transaction revenue increased from the prior period.
Platform subscription revenue increased 47% to $4.6 million compared to $3.1 million in the year-ago quarter. The increase was primarily due to an increase in the total number of paid Platform deployments and B2C subscribers, as well as upsells to existing customers. The quarter ended with annual recurring revenue of $19.1 million, up 23% year-over-year (see the company’s definition of annual recurring revenue below).
Transaction revenue was $7.3 million, compared to $7.2 million in the second quarter of fiscal 2024. The increase was primarily due to increased copyright revenues. The transaction customer count for the quarter was 1,384, compared to 1,398 customers in the prior-year quarter (see the Company’s definition of active customer accounts and transactions below).
Total gross margin improved 540 basis points from the prior-year quarter to 48.9%. The increase was primarily driven by a continued revenue mix shift to the higher-margin Platforms business as well as increased margins in that business.
Total operating expenses were $5.7 million, compared to $4.9 million in the second quarter of 2024. The increases were related to additional costs in Sales and Marketing and Technology and Product Development, which include having a full quarter of Scite expenses in the period, compared to one month in the prior-year quarter. There was also an increase in non-cash depreciation and amortization expense associated with the acquisitions completed in fiscal year 2024.
Net loss for the second quarter was $2.0 million, or ($0.07) per share, compared to net loss of ($54,000), or nil per share, in the prior-year quarter. The quarter’s results include a provision of approximately $2.4 million related to increasing the projected contingent earnout liability for Scite. Adjusted EBITDA was $963,0000, compared to $318,000 in the year-ago quarter (see definition and further discussion about the presentation of Adjusted EBITDA, a non-GAAP term, below).
Conference Call
Research Solutions President and CEO Roy W. Olivier and CFO Bill Nurthen will host the conference call, followed by a question and answer period.
Date: Thursday, February 13, 2025
Time: 5:00 p.m. ET (2:00 p.m. PT)
Dial-in number: 1-203-518-9848
Conference ID: RESEARCH
The conference call will be broadcast live and available for replay until March 13, 2025 by dialing 1-412-317-6671 and using the replay ID 11157678, and via the investor relations section of the company’s website at http://researchsolutions.investorroom.com/.
Fiscal Second Quarter Financial and Operational Summary Tables vs. Prior-Year Quarter
Quarter Ended December 31,
Six Months Ended December 31,
2024
2023
Change
% Change
2024
2023
Change
% Change
Revenue:
Platforms
$ 4,601,257
$ 3,125,584
$ 1,475,673
47.2 %
$ 8,930,902
$ 5,725,776
$ 3,205,126
56.0 %
Transactions
$ 7,312,962
$ 7,188,158
124,804
1.7 %
$ 15,027,799
$ 14,648,937
378,862
2.6 %
Total Revenue
11,914,219
10,313,742
1,600,477
15.5 %
23,958,701
20,374,713
3,583,988
17.6 %
Gross Profit:
Platforms
3,981,415
2,639,399
1,342,016
50.8 %
7,763,893
4,856,977
2,906,916
59.9 %
Transactions
1,839,678
1,844,403
(4,725)
-0.3 %
3,823,076
3,658,391
164,685
4.5 %
Total Gross Profit
5,821,093
4,483,802
1,337,291
29.8 %
11,586,969
8,515,368
3,071,601
36.1 %
Gross profit as a % of revenue:
Platforms
86.5 %
84.4 %
2.1 %
86.9 %
84.8 %
2.1 %
Transactions
25.2 %
25.7 %
-0.5 %
25.4 %
25.0 %
0.5 %
Total Gross Profit
48.9 %
43.5 %
5.4 %
48.4 %
41.8 %
6.6 %
Operating Expenses:
Sales and marketing
1,343,087
804,927
538,160
66.9 %
2,533,494
1,489,943
1,043,551
70.0 %
Technology and product development
1,506,849
1,336,558
170,291
12.7 %
2,879,607
2,581,137
298,470
11.6 %
General and administrative
2,008,201
2,023,848
(15,648)
-0.8 %
3,938,377
4,566,717
(628,340)
-13.8 %
Depreciation and amortization
306,233
155,749
150,484
96.6 %
618,328
215,369
402,959
187.1 %
Stock-based compensation
534,322
596,455
(62,133)
-10.4 %
952,311
1,188,269
(235,958)
-19.9 %
Foreign currency translation loss
29,554
(13,738)
43,292
NM
(74,686)
(7,118)
(67,568)
949.3 %
Total Operating Expenses
5,728,246
4,903,799
824,446
16.8 %
10,847,431
10,034,317
813,114
8.1 %
Income (loss) from operations
92,847
(419,997)
512,844
122.1 %
739,538
(1,518,949)
2,258,487
148.7 %
Other Income (Expenses):
Other income
(2,057,887)
376,426
(2,434,313)
NM
(1,989,362)
516,737
(2,506,099)
NM
Provision for income taxes
(15,194)
(10,057)
(5,137)
51.1 %
(61,406)
(39,459)
(21,947)
55.6 %
Total Other Income (Expenses):
(2,073,081)
366,369
(2,439,450)
NM
(2,050,768)
477,278
(2,528,046)
NM
Net income (loss)
$ (1,980,234)
$ (53,628)
(1,926,606)
NM
$ (1,311,230)
$ (1,041,671)
(269,559)
NM
NM
Adjusted EBITDA
$ 962,956
$ 318,469
$ 644,487
202.4 %
$ 2,235,491
$ (122,429)
$ 2,357,920
-1926.0 %
Quarter Ended December 31,
Six Months Ended December 31,
2024
2023
Change
% Change
2024
2023
Change
% Change
Platforms:
B2B ARR (Annual recurring revenue*):
Beginning of Period
$ 12,187,834
$ 11,020,241
$ 1,167,593
10.6 %
$ 12,060,201
$ 9,444,130
$ 2,616,071
27.7 %
Incremental ARR
550,422
594,507
(44,085)
-7.4 %
678,055
2,170,618
(1,492,563)
-68.8 %
End of Period
$ 12,738,256
$ 11,614,748
$ 1,123,508
9.7 %
$ 12,738,256
$ 11,614,748
$ 1,123,508
9.7 %
Deployments:
Beginning of Period
1,029
880
149
16.9 %
1,021
835
186
22.3 %
Incremental Deployments
61
62
(1)
-1.6 %
69
107
(38)
-35.5 %
End of Period
1,090
942
148
15.7 %
1,090
942
148
15.7 %
ASP (Average sales price):
Beginning of Period
$ 11,844
$ 12,523
$ (679)
-5.4 %
$ 11,812
$ 11,310
$ 502
4.4 %
End of Period
$ 11,686
$ 12,330
$ (643)
-5.2 %
$ 11,686
$ 12,330
$ (643)
-5.2 %
B2C ARR (Annual recurring revenue*):
Beginning of Period
$ 5,430,795
$ –
$ 5,430,795
NM
$ 5,363,129
$ –
$ 5,363,129
NM
Incremental ARR
940,586
3,954,090
(3,013,504)
NM
1,008,252
3,954,090
(2,945,838)
NM
End of Period
$ 6,371,381
$ 3,954,090
$ 2,417,291
61.1 %
$ 6,371,381
$ 3,954,090
$ 2,417,291
61.1 %
Total ARR (Annualized recurring revenue):
$ 19,109,637
$ 15,568,838
$ 3,540,799
22.7 %
$ 19,109,637
$ 15,568,838
$ 3,540,799
22.7 %
Transaction Customers:
Corporate customers
1,051
1,065
(14)
-1.3 %
1,063
1,078
(15)
-1.3 %
Academic customers
333
333
–
0.0 %
325
319
6
1.9 %
Total customers
1,384
1,398
(14)
-1.0 %
1,388
1,397
(9)
-0.6 %
Active Customer Accounts, Transactions and Annual Recurring Revenue
The Company defines active customer accounts as the sum of the total quantity of customers per month for each month in the period divided by the respective number of months in the period. The quantity of customers per month is defined as customers with at least one transaction during the month.
A transaction is an order for a unit of copyrighted content fulfilled or managed in the Platform.
The Company defines annual recurring revenue (“ARR”) as the value of contracted Platform subscription recurring revenue normalized to a one-year period. For B2C ARR, this includes the annualized value of monthly subscriptions, meaning their monthly value multiplied by twelve.
Use of Non-GAAP Measure – Adjusted EBITDA
Research Solutions’ management evaluates and makes operating decisions using various financial metrics. In addition to the Company’s GAAP results, management also considers the non-GAAP measure of Adjusted EBITDA. Management believes that this non-GAAP measure provides useful information about the Company’s operating results.
The tables below provide a reconciliation of this non-GAAP financial measure with the most directly comparable GAAP financial measure. Adjusted EBITDA is defined as net income (loss), plus interest expense, other income (expense) including any change in fair value of contingent earnout liability, foreign currency transaction loss, provision for income taxes, depreciation and amortization, stock-based compensation, and other potential adjustments that may arise. Set forth below is a reconciliation of Adjusted EBITDA to net income (loss):
Quarter Ended December 31,
Six Months Ended December 31,
2024
2023
Change
% Change
2024
2023
Change
% Change
Net Income (loss)
$ (1,980,234)
$ (53,628)
$ (1,926,606)
NM
$ (1,311,230)
$ (1,041,671)
$ (269,559)
NM
Add (deduct):
–
Other (income) expense
2,057,887
(376,426)
2,434,313
NM
1,989,362
(516,737)
2,506,099
NM
Foreign currency translation loss (gain)
29,554
(13,738)
43,292
NM
(74,686)
(7,118)
(67,568)
949.3 %
Provision for income taxes
15,194
10,057
5,137
51.1 %
61,406
39,459
21,947
55.6 %
Depreciation and amortization
306,233
155,749
150,484
96.6 %
618,328
215,369
402,959
187.1 %
Stock-based compensation
534,322
596,455
(62,133)
-10.4 %
952,311
1,188,269
(235,958)
-19.9 %
Adjusted EBITDA
$ 962,956
$ 318,469
$ 644,487
202.4 %
$ 2,235,491
$ (122,429)
$ 2,357,920
1926.0 %
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based technologies to streamline the process of obtaining, managing, and creating intellectual property. Founded in 2006 as Reprints Desk, the Company was a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on Article Galaxy, the Company’s SaaS research platform, to streamline access to the latest scientific research and data with 24/7 customer support. For more information and details, please visit www.researchsolutions.com
Important Cautions Regarding Forward-Looking Statements
Certain statements in this press release may contain “forward-looking statements” regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects”, “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company’s most recent annual report on Form 10-K, as such may be amended or supplemented by subsequent quarterly reports on Form 10-Q, or other reports filed with the Securities and Exchange Commission. Examples of forward-looking statements in this release include statements regarding enhanced product offerings, additional customers, and the Company’s prospects for growth. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company’s filings with the Securities and Exchange Commission.
Research Solutions, Inc. and Subsidiaries
Consolidated Balance Sheets
December 31,
2024
June 30,
(unaudited)
2024
Assets
Current assets:
Cash and cash equivalents
$
7,701,155
$
6,100,031
Accounts receivable, net of allowance of $129,895 and $68,579, respectively
7,116,055
6,879,800
Prepaid expenses and other current assets
742,166
643,553
Prepaid royalties
589,068
1,067,237
Total current assets
16,148,444
14,690,621
Non-current assets:
Property and equipment, net of accumulated depreciation of $932,773 and $922,558, respectively
63,355
88,011
Intangible assets, net of accumulated amortization of $2,129,868 and $1,535,310, respectively
10,230,439
10,764,261
Goodwill
16,345,888
16,315,888
Deposits and other assets
867
981
Total assets
$
42,788,993
$
41,859,762
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable and accrued expenses
$
8,104,118
$
8,843,612
Deferred revenue
8,853,415
9,023,848
Contingent earnout liability, current portion
3,963,956
—
Total current liabilities
20,921,489
17,867,460
Non-current liabilities:
Contingent earnout liability, long-term portion
10,741,044
12,298,114
Total liabilities
31,662,533
30,165,574
Commitments and contingencies
Stockholders’ equity:
Preferred stock; $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding
—
—
Common stock; $0.001 par value; 100,000,000 shares authorized; 32,640,407 and 32,295,373 shares
issued and outstanding, respectively
32,640
32,295
Additional paid-in capital
38,836,646
38,089,958
Accumulated deficit
(27,620,476)
(26,309,246)
Accumulated other comprehensive loss
(122,350)
(118,819)
Total stockholders’ equity
11,126,460
11,694,188
Total liabilities and stockholders’ equity
$
42,788,993
$
41,859,762
Research Solutions, Inc. and Subsidiaries
Consolidated Statements of Operations and Other Comprehensive Loss
(Unaudited)
Three Months Ended
Six Months Ended
December 31,
December 31,
2024
2023
2024
2023
Revenue:
Platforms
$
4,601,257
$
3,125,584
$
8,930,902
$
5,725,776
Transactions
7,312,962
7,188,158
15,027,799
14,648,937
Total revenue
11,914,219
10,313,742
23,958,701
20,374,713
Cost of revenue:
Platforms
619,842
486,185
1,167,009
868,799
Transactions
5,473,284
5,343,755
11,204,723
10,990,546
Total cost of revenue
6,093,126
5,829,940
12,371,732
11,859,345
Gross profit
5,821,093
4,483,802
11,586,969
8,515,368
Operating expenses:
Selling, general and administrative
5,422,013
4,748,050
10,229,103
9,818,948
Depreciation and amortization
306,233
155,749
618,328
215,369
Total operating expenses
5,728,246
4,903,799
10,847,431
10,034,317
Income (loss) from operations
92,847
(419,997)
739,538
(1,518,949)
Other income
348,999
108,194
417,524
248,505
Change in fair value of contingent earnout liability
(2,406,886)
268,232
(2,406,886)
268,232
Loss before provision for income taxes
(1,965,040)
(43,571)
(1,249,824)
(1,002,212)
Provision for income taxes
(15,194)
(10,057)
(61,406)
(39,459)
Net loss
(1,980,234)
(53,628)
(1,311,230)
(1,041,671)
Other comprehensive income (loss):
Foreign currency translation
2,637
6,349
(3,531)
5,403
Comprehensive loss
$
(1,977,597)
$
(47,279)
$
(1,314,761)
$
(1,036,268)
Loss per common share:
Net loss per share, basic and diluted
$
(0.07)
$
–
$
(0.04)
$
(0.04)
Weighted average common shares outstanding, basic and diluted
30,421,808
28,092,945
30,384,339
27,564,404
Research Solutions, Inc. and Subsidiaries
Consolidated Statements of Cash Flows
(Unaudited)
Six Months Ended
December 31,
2024
2023
Cash flow from operating activities:
Net loss
$
(1,311,230)
$
(1,041,671)
Adjustment to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
618,328
215,369
Stock options expense
88,045
61,714
Restricted common stock expense
864,266
1,105,606
Modification cost of accelerated vesting of restricted common stock
—
20,949
Adjustment to contingent earnout liability
2,406,886
(268,232)
Changes in operating assets and liabilities:
Accounts receivable
(266,255)
(681,502)
Prepaid expenses and other current assets
(98,613)
(67,986)
Prepaid royalties
478,169
121,100
Accounts payable and accrued expenses
(737,670)
349,310
Deferred revenue
(170,433)
(241,545)
Net cash provided by (used in) operating activities
1,871,493
(426,888)
Cash flow from investing activities:
Purchase of property and equipment
(5,404)
(55,763)
Payment for acquisition of Resolute, net of cash acquired
—
(2,718,253)
Payment for acquisition of Scite, net of cash acquired
—
(7,305,493)
Net cash used in investing activities
(5,404)
(10,079,509)
Cash flow from financing activities:
Common stock repurchase
(205,278)
(68,748)
Payment of contingent acquisition consideration
(62,560)
(278,195)
Net cash used in financing activities
(267,838)
(346,943)
Effect of exchange rate changes
2,873
5,666
Net increase (decrease) in cash and cash equivalents
1,601,124
(10,847,674)
Cash and cash equivalents, beginning of period
6,100,031
13,545,333
Cash and cash equivalents, end of period
$
7,701,155
$
2,697,659
Supplemental disclosures of cash flow information:
Cash paid for income taxes
$
61,406
$
39,459
Non-cash investing and financing activities:
Contingent consideration accrual on asset acquisition
$
30,198
$
36,364
View original content to download multimedia:https://www.prnewswire.com/news-releases/research-solutions-reports-fiscal-second-quarter-2025-results-302376348.html
SOURCE Research Solutions, Inc.
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The full-width rear GT wing maximizes stability and downforce at high speeds, and continues the distinctive ‘><‘ DRL graphic identity established at the front of “Eximius 1.” The rear fascia also boasts large side air intakes which are connected by a dominant diffuser to manage underbody airflow.
Interior Design
An aura of intensity continues to the interior of “Eximius 1.” In concert with the exterior, blue-tinted carbon-fiber adorns the seats, flat-bottom steering wheel and doors; for aesthetics and weight-savings, all four doors are manufactured in exposed carbon fiber with one purposeful arm pad on each door. The seats, which are Recaro carbon fiber buckets up front, are trimmed with blue Alcantara and blue Italian leather with Moondust Alcantara upper sections, creating an articulated, form-fitted feel. To support high-speed driving and intense braking force, the accelerator, brake pedal and dead pedal are billet machined aluminum.
The instrument panel is reimagined in glossy carbon fiber and incorporates anodized billet aluminum HVAC vents. The carbon fiber center console is simplified to include the essentials only: the PRND gear selector, window switches, key fob holder, and Emergency kill switch. This console extends through to the rear compartment, to which the client’s custom-fitted carbon fiber racing helmet is held in place by a center-latched strap matching the blue seat belts.
About Karma Automotive
Karma Automotive is America’s only full-line ultra-luxury vehicle manufacturer, and a pioneer of Plug-in Series Hybrid vehicles which it manufactures at its Karma Innovation and Customization Center (KICC) in Moreno Valley, CA. Its Executive, Product Development, and Design headquarters are located in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. The Gyesera Grand Coupe, a Plug-in Series Hybrid four-seater, arrives at dealerships in December 2026; and the Amaris GT 2-Door Plug-in Series Hybrid arrives in Q4 2027. The Karma Kaveya Super Coupe, with over 1,000HP and butterfly-doors, will arrive in Q1 2028, to be followed by the Karma Ivara GT-UV: both EVs will incorporate SDVA (Software-Defined Vehicle Architecture) developed with leading technology partners. For more information, visit www.karmaautomotive.com)
Media Contact:
Joe Richardson, (917) 716-6617
Joe@BeautifulNoisePR.com
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SOURCE Karma Automotive
Technology
ModelBest and OpenBMB Open-Source MiniCPM-OCR Series, Delivering High-Performance Document Parsing and AI-Powered Quality Control
Published
6 hours agoon
October 31, 2026By
BEIJING, Oct. 31, 2026 /PRNewswire/ — ModelBest and OpenBMB jointly announced the release and open-source availability of the MiniCPM-OCR series, a family of models for efficient document parsing and parsing-quality assessment. The launch includes two models: MiniCPM-OCR 1.0 (1.3B) and MiniCPM-OCR Jev (2B).
As the first OCR-focused model in the MiniCPM family, MiniCPM-OCR 1.0 brings top-tier parsing accuracy to a compact 1.3-billion-parameter architecture optimized for edge deployment, pushing forward the balance between efficiency and performance for open-source OCR models. Built for real-world conditions, it accurately parses scanned, photographed, curved, tilted and screen-captured documents without cumbersome image pre-correction, lowering the barrier to large-scale document digitization.
The model handles dense bilingual Chinese-English content, complex mathematical formulas, and multi-level or borderless tables, consistently performing at a leading level across a broad range of mainstream industry evaluations. Beyond full-page reconstruction, it supports key information extraction (KIE), pulling specified fields from invoices, IDs and financial statements according to business instructions.
Powered by DSpark decoding acceleration, MiniCPM-OCR 1.0 significantly increases end-to-end throughput while lowering per-page latency. For enterprises processing millions of pages—such as financial contract archives, academic libraries and government records—this means processing far more documents with the same hardware and time budget, at a substantially lower computing cost.
To address the long-standing need for page-by-page manual review, ModelBest and OpenBMB also introduced MiniCPM-OCR Jev, the first OCR result decision model that acts as an “AI quality inspector.” Rather than performing OCR itself, Jev compares the source image with OCR output and rapidly assigns confidence scores to text, LaTeX formulas and tables, detecting missing characters, errors and formatting misalignments. Despite its compact 2B-parameter size, Jev delivers judgment accuracy typically associated with far larger models.
Jev supports cross-model deployment and can be integrated into existing OCR workflows without replacing the underlying OCR engine. It can automatically identify reliable results for direct processing, flag potentially inaccurate outputs for human review and select the best result from multiple OCR systems. This enables enterprises to move from full manual inspection toward risk-based, automated quality control.
The MiniCPM-OCR series is available on GitHub, Hugging Face and ModelScope, and supports vLLM, SGLang, llama.cpp and Ollama, along with SDKs, APIs, Agent Skill plugins and open-source fine-tuning code. Day-0 hardware adaptation covers AMD, Arm, Houmo AI, Intel and NVIDIA. Through the FlagOS software stack, it also has Day-0 support for AI and edge chips from CIX Technology, Huawei Ascend, Hygon, Iluvatar CoreX, Kunlunxin, MetaX, Moore Threads, Sunrise, T-Head, TsingMicro, NVIDIA and Apple Mac (Arm).
View original content:https://www.prnewswire.com/news-releases/modelbest-and-openbmb-open-source-minicpm-ocr-series-delivering-high-performance-document-parsing-and-ai-powered-quality-control-302925594.html
SOURCE ModelBest
Technology
Wulcea Elevates Consumer Trust in Heated Apparel Through Multi-National Safety Certifications and Rigorous Technical Testing
Published
9 hours agoon
October 31, 2026By
NEW YORK, Oct. 31, 2026 /PRNewswire/ — As smart heated clothing gains broader adoption, consumers are paying closer attention to the safety and reliability of the technology behind these products. Wulcea, a brand specializing in graphene-powered heated apparel, combines its flexible GrapheneNano™ heating technology with documented safety compliance and durability testing for its heating components and battery systems.
“Trust in smart heated apparel goes beyond warmth—it comes down to confidence in battery safety and heating element reliability,” said John C, Founder of Wulcea. “Our goal is to give users peace of mind through certified technical standards.”
Advanced Graphene Heating Elements Supported by Global Standards
At the core of Wulcea’s thermal architecture is its GrapheneNano™ heating technology. Engineered to eliminate garment stiffness, Wulcea integrates flexible graphene elements that deliver balanced warmth across key upper-body zones while preserving natural garment drape and full freedom of movement.
Wulcea supports its heating components with applicable compliance documentation for major markets. These include CE and FCC compliance documentation addressing relevant electrical and electromagnetic compatibility requirements, as well as PSE compliance for applicable products in Japan. RoHS compliance further addresses restrictions on specified hazardous substances in applicable electrical and electronic components.
Multi-Certified Battery System for Dependable Power
To power its heating elements, Wulcea pairs its heated apparel with rechargeable battery systems designed for convenient everyday use. Featuring a compact design and housed in dedicated interior pockets, the batteries provide portable power while maintaining a streamlined garment profile and comfortable fit.
Wulcea backs its battery options with comprehensive third-party accreditations. UL certification demonstrates that the battery system has been evaluated against recognized power bank safety requirements, covering key areas such as overcharge protection, short-circuit protection, and thermal safety. The battery systems are also supported by applicable CE and FCC compliance documentation, addressing relevant regulatory requirements for electrical and electromagnetic compatibility.
For daily handling and travel, RoHS compliance validates that the battery system meets stringent global standards for material safety. The battery models have also undergone applicable UN 38.3 testing, supporting compliance with international requirements for lithium battery transportation.
Real-World Durability and Practical Usability
Component compliance forms Wulcea’s foundation, but reliability is defined by real-world performance. Built for high-flex endurance, Wulcea’s flexible graphene heating elements are tested through 10,000 active flexing cycles to maintain steady thermal output through repeated bending and everyday body movement.
Everyday convenience is equally essential. Built for hassle-free care, Wulcea’s heating elements withstand 100 machine-wash cycles under standard care guidelines, maintaining internal conductivity and structural stability under repeated laundering.
Integrated NTC temperature sensors provide thermal monitoring and are designed to stop heating if temperatures exceed 131°F (55°C). Combined with runtime of up to 10 hours on the low setting and a discreet interior control button, these features support practical everyday use in cold-weather conditions.
Aligning Technical Standards with Everyday Warmth
By combining graphene-based heating technology with documented battery safety compliance and durability testing, Wulcea continues to focus on the technical foundations of dependable heated apparel. This approach reflects the brand’s emphasis on bringing together safety considerations, practical functionality, and everyday comfort for cold-weather use.
View original content to download multimedia:https://www.prnewswire.com/news-releases/wulcea-elevates-consumer-trust-in-heated-apparel-through-multi-national-safety-certifications-and-rigorous-technical-testing-302925554.html
SOURCE Wulcea
Karma Automotive Announces Eximius, the Bespoke Vehicle Program for Elite Clients Seeking Singular Expressions of Extreme Performance and Bold Craftsmanship
ModelBest and OpenBMB Open-Source MiniCPM-OCR Series, Delivering High-Performance Document Parsing and AI-Powered Quality Control
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