10-K Filing

CREDITRISKMONITOR COM INC CIK: 315958 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001140361-12-017766`
Period End Date	20111231
Filing Date	20120328
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	crmz-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 24 Cash Flow Statement 48 Stockholders Equity 18

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Accounts receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Accounts receivable, net of allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.75M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.20M	USD	Point-in-time
Accounts receivable, net of allowance of $30,000	`AccountsReceivableNetCurrent`	$1.55M	USD	Point-in-time
Accounts receivable, net of allowance of $30,000	`AccountsReceivableNetCurrent`	$1.41M	USD	Point-in-time
Preferred stock, Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$480.92K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$451.14K	USD	Point-in-time
Preferred stock, Par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.29M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$8.73M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$306.81K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$364.36K	USD	Point-in-time
Common stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, Par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Deferred taxes on income	`DeferredTaxAssetsNetNoncurrent`	-	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Deferred taxes on income	`DeferredTaxAssetsNetNoncurrent`	$233.87K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.90M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.23K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.23K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.92M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.92M	shares	Point-in-time
Total assets	`Assets`	$11.31M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.90M	shares	Point-in-time
Total assets	`Assets`	$12.57M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.47M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.02K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.94K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.17M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesCurrent`	$157.38K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.19M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.71K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.15K	USD	Point-in-time
Total liabilities	`Liabilities`	$7.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.19M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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 25,000,000shares; issued and outstanding 7,920,462 and 7,899,462 shares, respectively	`CommonStockValue`	$79.20K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000shares; issued and outstanding 7,920,462 and 7,899,462 shares, respectively	`CommonStockValue`	$78.99K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.40M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$11.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.57M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$9.34M	USD	Annual
Operating revenues	`SalesRevenueServicesNet`	$10.15M	USD	Annual
Data and product costs	`CostOfServices`	$2.43M	USD	Annual
Data and product costs	`CostOfServices`	$3.31M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.10M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.47M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$162.48K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$133.56K	USD	Annual
Total operating expenses	`OperatingExpenses`	$7.67M	USD	Annual
Total operating expenses	`OperatingExpenses`	$8.94M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.68M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.21M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$23.44K	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$98.59K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.70M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.31M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$402.14K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$687.03K	USD	Annual
Net income	`NetIncomeLoss`	$908.59K	USD	Annual
Net income	`NetIncomeLoss`	$1.01M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	Annual

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$908.59K	USD	Annual
Net income	`NetIncomeLoss`	$1.01M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$391.26K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$679.63K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$162.48K	USD	Annual
Depreciation	`DepreciationAndAmortization`	$133.56K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$57.99K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$136.30K	USD	Annual
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-6.27K	USD	Annual
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$36.67K	USD	Annual
Deferred rent	`OtherNoncashIncomeExpense`	$-1.15K	USD	Annual
Deferred rent	`OtherNoncashIncomeExpense`	$-2.56K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$144.35K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$36.34K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$227.06K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-29.78K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$109.00	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$7.00	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$473.63K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$676.75K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$36.92K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.59K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-80.03K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$468.36K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.75M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.88M	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$512.17K	USD	Annual
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$1.21M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$104.93K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$236.33K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-617.10K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.45M	USD	Annual
Dividend paid to stockholders	`PaymentsOfOrdinaryDividends`	$395.73K	USD	Annual
Dividend paid to stockholders	`PaymentsOfOrdinaryDividends`	$394.98K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$50.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$21.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-344.98K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-374.73K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$888.64K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$963.10K	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.68M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$-7.40K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$-10.88K	USD	Annual

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$4.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.79M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	7.92M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	7.90M	shares	Point-in-time
Net income	`NetIncomeLoss`	$908.59K	USD	Annual
Net income	`NetIncomeLoss`	$1.01M	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$394.98K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$395.73K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$50.00K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$136.30K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.99K	USD	Annual
Balance	`StockholdersEquity`	$4.12M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.79M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	7.92M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	7.90M	shares	Point-in-time

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