10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001140361-11-041399`
Period End Date	20110630
Filing Date	20110812
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	crmz-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 56 Cash Flow Statement 50

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.21M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.20M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.90M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.41M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.49M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.91M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$480.92K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$233.31K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.91M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.90M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$8.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$364.36K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$332.19K	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxAssetsNetNoncurrent`	$233.87K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxAssetsNetNoncurrent`	$58.20K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.23K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$45.67K	USD	Point-in-time
Total assets	`Assets`	$11.31M	USD	Point-in-time
Total assets	`Assets`	$11.74M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.56M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$56.15K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.02K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$578.02K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.53K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.15K	USD	Point-in-time
Total liabilities	`Liabilities`	$7.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.20M	USD	Point-in-time
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,914,462 and 7,899,462 shares, respectively	`CommonStockValue`	$79.14K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,914,462 and 7,899,462 shares, respectively	`CommonStockValue`	$78.99K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.52M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$24.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$24.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.12M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.74M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$4.52M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$2.30M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$4.98M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$2.54M	USD	1 Quarter
Data and product costs	`CostOfServices`	$573.27K	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.17M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$734.89K	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.48M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.93M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.35M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.62M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$82.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$59.26K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$31.55K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.51K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.27M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.85M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.49M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$352.96K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$486.59K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$267.29K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$665.04K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$34.92K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$33.37K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$13.86K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$14.59K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$521.51K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$366.83K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$679.64K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$300.66K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$182.45K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$276.74K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.01K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$147.41K	USD	1 Quarter
Net income	`NetIncomeLoss`	$219.42K	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$339.06K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$402.89K	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.05	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.05	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.89M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.90M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.90M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.89M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.34M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.29M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.35M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.29M	shares	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$219.42K	USD	1 Quarter
Net income	`NetIncomeLoss`	$209.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$339.06K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$402.89K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$82.73K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$59.26K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$31.55K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.51K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$175.68K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$271.85K	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$1.38K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$66.01K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$25.68K	USD	2 Qtrs
Unrealized gain on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-9.85K	USD	2 Qtrs
Unrealized gain on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-10.53K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$140.80K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-82.34K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$247.62K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$148.69K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-22.45K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-14.80K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$567.13K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$577.09K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.13K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.60K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-589.17K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-210.50K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$807.91K	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.21M	USD	2 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$92.68K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.56K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.56K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$50.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$15.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$50.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$772.35K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$142.96K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.