10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001140361-15-019854`
Period End Date	20150331
Filing Date	20150515
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	crmz-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 28 Cash Flow Statement 48

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.58M	USD	Point-in-time
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
Marketable securities	`MarketableSecuritiesCurrent`	$1.37M	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`	$1.36M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.44M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$2.08M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$516.59K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$573.74K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$11.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.15M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	8.11M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$302.45K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$337.34K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	8.06M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	8.06M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	8.11M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$51.83K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.68K	USD	Point-in-time
Total assets	`Assets`	$13.46M	USD	Point-in-time
Total assets	`Assets`	$13.80M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.71M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$137.26K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.24K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.23M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$741.37K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.50M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$743.69K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$743.69K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.46K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.55K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.24M	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 8,112,530 shares and 8,055,365, respectively	`CommonStockValue`	$80.55K	USD	Point-in-time
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 8,112,530 shares and 8,055,365, respectively	`CommonStockValue`	$81.12K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.27M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.21M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.08M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.46M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.80M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$2.97M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$3.07M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.30M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.23M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.75M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.73M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$56.67K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$52.75K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.10M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.01M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-135.14K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$56.91K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$8.57K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$4.96K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-126.56K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$61.87K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$25.34K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.63K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-139.19K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$36.52K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.96M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.96M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-139.19K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$36.52K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$56.67K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$52.75K	USD	1 Quarter
Deferred rent	`OtherNoncashIncomeExpense`	$315.00	USD	1 Quarter
Deferred rent	`OtherNoncashIncomeExpense`	$1.09K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$31.97K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$31.41K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$10.63K	USD	1 Quarter
Unrealized (gain) on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$8.31K	USD	1 Quarter
Unrealized (gain) on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$4.45K	USD	1 Quarter
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$596.00	USD	1 Quarter
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$37.52K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-136.74K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-638.20K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-127.29K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$19.64K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.14K	USD	1 Quarter
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$27.15K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$100.97K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$350.48K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-27.18K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-94.02K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-489.60K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-535.74K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-24.70K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$185.39K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$49.30K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.86K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-17.86K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-49.30K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$30.08K	USD	1 Quarter
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$596.00	USD	1 Quarter
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$37.52K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$596.00	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$67.61K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-73.41K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$235.14K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.76M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.58M	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`	$7.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.76M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.58M	USD	Point-in-time

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