10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001140361-13-042327`
Period End Date	20130930
Filing Date	20131114
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	crmz-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 56 Cash Flow Statement 56

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.69M	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`	$6.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.73M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.42M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.78M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.06M	USD	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$548.84K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$583.05K	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`	$10.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.47M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.96M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.95M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$384.65K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$260.44K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.95M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.96M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$34.06K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$21.97K	USD	Point-in-time
Total assets	`Assets`	$12.71M	USD	Point-in-time
Total assets	`Assets`	$12.67M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.52M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$76.96K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.10K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.18M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$591.36K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$591.36K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.19K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.41K	USD	Point-in-time
Total liabilities	`Liabilities`	$8.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.78M	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 7,958,564 and 7,946,462 shares, respectively	`CommonStockValue`	$79.58K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,958,564 and 7,946,462 shares, respectively	`CommonStockValue`	$79.46K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.93M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.95M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.33M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.71M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.67M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$2.82M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$8.21M	USD	3 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$3.01M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$8.81M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$3.25M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$914.19K	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.78M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$1.08M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.58M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.59M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.43M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.97M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$117.50K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$114.44K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$37.88K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$46.94K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.33M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$7.48M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.38M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$482.12K	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$313.79K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$442.16K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$724.36K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$-38.17K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$26.47K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$13.85K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$4.26K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$443.95K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$456.01K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$750.83K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$318.05K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$176.45K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$182.47K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$312.35K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$126.51K	USD	1 Quarter
Net income	`NetIncomeLoss`	$267.50K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$438.47K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$191.55K	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.54K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.95M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.94M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.96M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.24M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.25M	shares	3 Qtrs

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$267.50K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$438.47K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$191.55K	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.54K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$117.50K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$114.44K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$37.88K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$46.94K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$273.29K	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-223.00	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-1.39K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$110.74K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$112.86K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-12.07K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-77.36K	USD	3 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-259.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$10.54K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-714.07K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-306.74K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-186.44K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$23.68K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.66K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.09K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$149.15K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-461.41K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$25.08K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.87K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-351.26K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.01K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$807.91K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.24M	USD	3 Qtrs
(Purchase) sale of marketable securities	`PaymentsToAcquireMarketableSecurities`	$-225.46K	USD	3 Qtrs
(Purchase) sale of marketable securities	`PaymentsToAcquireMarketableSecurities`	$13.53K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.97K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$89.22K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.51K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-102.75K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$23.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.50K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$10.54K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.04K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.16M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$808.44K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.69M	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`	$6.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.69M	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`	$6.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time

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