10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001140361-14-032362`
Period End Date	20140630
Filing Date	20140814
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	crmz-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 56 Cash Flow Statement 52

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.30M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.39M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.40M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.39M	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
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.71M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.30M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$581.13K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$776.82K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.87M	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`	7.96M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$367.21K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.96M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$422.68K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	7.96M	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`	$40.08K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.65K	USD	Point-in-time
Total assets	`Assets`	$12.74M	USD	Point-in-time
Total assets	`Assets`	$13.23M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.69M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.48K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$75.63K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.47M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$725.62K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$783.10K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.10K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.47K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.85M	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 7,959,200 and 7,958,564 shares, respectively	`CommonStockValue`	$79.59K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,959,200 and 7,958,564 shares, respectively	`CommonStockValue`	$79.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.03M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.23M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$2.93M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$3.00M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$5.97M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$5.80M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.14M	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.32M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.02M	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.17M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.66M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.39M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.40M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$70.55K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.24K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$113.91K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$35.12K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.63M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$2.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$5.84M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$262.13K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$127.00K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$168.33K	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$109.72K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-36.07K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$13.25K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$21.82K	USD	2 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-42.43K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$125.90K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$73.65K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$148.82K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$275.38K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.61K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$49.94K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$71.24K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.29K	USD	1 Quarter
Net income	`NetIncomeLoss`	$75.96K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$77.58K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$216.77K	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.35K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.95M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.96M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.96M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.25M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.22M	shares	2 Qtrs

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$75.96K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$77.58K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$216.77K	USD	1 Quarter
Net income	`NetIncomeLoss`	$44.35K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$70.55K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$57.24K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$113.91K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$35.12K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-57.48K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$29.29K	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$629.00	USD	2 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-285.00	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$63.94K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$77.26K	USD	2 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-4.43K	USD	2 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-66.97K	USD	2 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	2 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$596.00	USD	2 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-97.00	USD	2 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-259.00	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-699.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-402.68K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$195.09K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$179.41K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.98K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$16.42K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$211.74K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$280.43K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$74.08K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.84K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$137.34K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-137.63K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$799.34K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$971.37K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.54K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$95.84K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-95.84K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.54K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$596.00	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$596.00	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$741.40K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$875.53K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.39M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	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`	$7.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.39M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time

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