10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001140361-14-041727`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	crmz-20140930.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
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`	$7.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	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, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.40M	USD	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
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.76M	USD	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`	$738.84K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.34M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$343.08K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	7.96M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	8.03M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$422.68K	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	8.03M	shares	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`	$23.65K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$34.40K	USD	Point-in-time
Total assets	`Assets`	$12.74M	USD	Point-in-time
Total assets	`Assets`	$13.78M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.20M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$86.48K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$148.31K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.28M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.88M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$705.49K	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`	$3.64K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.59M	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 8,025,867 and 7,958,564 shares, respectively	`CommonStockValue`	$80.26K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 8,025,867 and 7,958,564 shares, respectively	`CommonStockValue`	$79.58K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$28.96M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.19M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.78M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.74M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$3.08M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$8.81M	USD	3 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$3.01M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$9.05M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$1.17M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.08M	USD	1 Quarter
Data and product costs	`CostOfServices`	$3.49M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$3.25M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.97M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.58M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.02M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$46.94K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$117.50K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$168.02K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.11K	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`	$8.67M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.83M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$250.23K	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`	$377.23K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-38.17K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$4.26K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.72K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$16.10K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$244.51K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$393.33K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$318.05K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$443.95K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$126.51K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$189.57K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$176.45K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$118.33K	USD	1 Quarter
Net income	`NetIncomeLoss`	$191.55K	USD	1 Quarter
Net income	`NetIncomeLoss`	$126.18K	USD	1 Quarter
Net income	`NetIncomeLoss`	$203.76K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$267.50K	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.03	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.98M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.95M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.96M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.24M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.25M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.28M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$191.55K	USD	1 Quarter
Net income	`NetIncomeLoss`	$126.18K	USD	1 Quarter
Net income	`NetIncomeLoss`	$203.76K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$267.50K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$46.94K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$117.50K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$168.02K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.11K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-77.60K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$-223.00	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$1.46K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$112.86K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$95.91K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-77.36K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-24.80K	USD	3 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-259.00	USD	3 Qtrs
Loss on retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-97.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$596.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$10.54K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$57.33K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-714.07K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$23.68K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$157.11K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.09K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.75K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-461.41K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$512.16K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$32.87K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$61.83K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-7.01K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$250.81K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$807.91K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.01M	USD	3 Qtrs
(Purchase) sale of marketable securities	`PaymentsToAcquireMarketableSecurities`	$14.21K	USD	3 Qtrs
(Purchase) sale of marketable securities	`PaymentsToAcquireMarketableSecurities`	$-225.46K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.97K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.52K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-102.72K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-16.51K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.50K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$10.54K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$596.00	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$597.00	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.04K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$910.40K	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`	$6.42M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	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`	$6.42M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	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.