10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001140361-12-036752`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	crmz-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 56 Cash Flow Statement 48

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.41M	USD	Point-in-time
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`	$5.64M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.67M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.74M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.75M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	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`	$1.01M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$269.52K	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`	$10.70M	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
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.94M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$306.81K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$296.38K	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
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.92M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$38.27K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.23K	USD	Point-in-time
Total assets	`Assets`	$12.99M	USD	Point-in-time
Total assets	`Assets`	$12.57M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.47M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$75.35K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.94K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$662.80K	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`	$262.53K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.94M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$3.71K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.86K	USD	Point-in-time
Total liabilities	`Liabilities`	$7.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.78M	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`	$79.20K	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
Additional paid-in capital	`AdditionalPaidInCapital`	$28.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.69M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.04M	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`	$12.99M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$5.39M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$2.74M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$4.98M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$2.54M	USD	1 Quarter
Data and product costs	`CostOfServices`	$819.49K	USD	1 Quarter
Data and product costs	`CostOfServices`	$936.41K	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.86M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.65M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.41M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.76M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.57M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.16M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$38.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$76.56K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$82.73K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.10M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.27M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.49M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$267.29K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$282.20K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$199.19K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$486.59K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$33.37K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$12.62K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$34.92K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$15.43K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$521.51K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.81K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$214.62K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$300.66K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.01K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$137.26K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$105.12K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$182.45K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$209.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$157.55K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$109.50K	USD	1 Quarter
Net income	`NetIncomeLoss`	$339.06K	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.94M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.22M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.35M	shares	2 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$209.65K	USD	1 Quarter
Net income	`NetIncomeLoss`	$157.55K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$109.50K	USD	1 Quarter
Net income	`NetIncomeLoss`	$339.06K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$38.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$76.56K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$82.73K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$105.14K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$175.68K	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-1.38K	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-1.15K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$71.56K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$66.01K	USD	2 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$9.85K	USD	2 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-12.09K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-539.04K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$82.34K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-247.62K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-181.62K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.45K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.04K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$567.13K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$466.18K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.13K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.40K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-424.36K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-589.17K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$807.91K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.56K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.13K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-50.56K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.13K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.00K	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`	$23.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.14M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$772.35K	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`	$6.53M	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`	$7.67M	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`	$6.53M	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`	$7.67M	USD	Point-in-time

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