10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001140361-12-025160`
Period End Date	20120331
Filing Date	20120515
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	crmz-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 28 Cash Flow Statement 44

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.65M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.75M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.75M	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
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.55M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.86M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$390.58K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$451.14K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.29M	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
Total current assets	`AssetsCurrent`	$10.92M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$306.81K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.94M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$294.52K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.92M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.94M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.92M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$54.29K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.23K	USD	Point-in-time
Total assets	`Assets`	$13.22M	USD	Point-in-time
Total assets	`Assets`	$12.57M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.40M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.94K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$72.74K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$657.83K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesCurrent`	$157.38K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesCurrent`	$189.53K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.78M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.29K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.71K	USD	Point-in-time
Total liabilities	`Liabilities`	$7.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.33M	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 7,943,462 and 7,920,462 shares, respectively	`CommonStockValue`	$79.43K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,943,462 and 7,920,462 shares, respectively	`CommonStockValue`	$79.20K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.89M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.57M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.22M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$2.44M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$2.65M	USD	1 Quarter
Data and product costs	`CostOfServices`	$926.75K	USD	1 Quarter
Data and product costs	`CostOfServices`	$833.93K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.35M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.22K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$38.14K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.56M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.22M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$83.01K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$219.30K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$1.55K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-2.81K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.85K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$80.20K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.44K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.14K	USD	1 Quarter
Net income	`NetIncomeLoss`	$129.41K	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.05K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.22M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.36M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$129.41K	USD	1 Quarter
Net income	`NetIncomeLoss`	$48.05K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.22K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$38.14K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$85.89K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$32.14K	USD	1 Quarter
Deferred rent	`OtherNoncashIncomeExpense`	$-689.00	USD	1 Quarter
Deferred rent	`OtherNoncashIncomeExpense`	$-574.00	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$35.81K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$32.42K	USD	1 Quarter
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-3.13K	USD	1 Quarter
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$1.10K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$201.24K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$310.53K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-60.56K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-92.20K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.05K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.86K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$929.48K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$389.69K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.80K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.72K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-429.33K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-539.29K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.76K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$388.78K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.13K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.85K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.13K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.85K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$385.93K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.63K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time

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