10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001140361-15-041034`
Period End Date	20150930
Filing Date	20151113
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	crmz-20150930.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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.56M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.65M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.36M	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`	$1.34M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$2.08M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.38M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$672.74K	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
Other current assets	`OtherAssetsCurrent`	$516.59K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.49M	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`	$11.62M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	8.25M	shares	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$424.59K	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	8.25M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	8.06M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$23.68K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$45.05K	USD	Point-in-time
Total assets	`Assets`	$13.80M	USD	Point-in-time
Total assets	`Assets`	$14.04M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.33M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$111.58K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$137.26K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.98M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$743.69K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$720.87K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.73K	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`	$9.33M	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 8,247,887 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 8,247,887 shares and 8,055,365, respectively	`CommonStockValue`	$82.48K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.81M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.71M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.80M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.04M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$3.15M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$3.08M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$9.05M	USD	3 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$9.33M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$3.53M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$3.49M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$1.17M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.02M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.64M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.01M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$167.66K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.47K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$168.02K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.11K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.67M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.83M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.71M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$250.23K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$622.61K	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$328.69K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$377.23K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$16.10K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$1.01K	USD	3 Qtrs
Other income (expense), net	`NonoperatingIncomeExpense`	$-5.72K	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$-4.68K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$393.33K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$244.51K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$623.62K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$324.01K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$118.33K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$189.57K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$129.61K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$257.62K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$366.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$126.18K	USD	1 Quarter
Net income	`NetIncomeLoss`	$203.76K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$194.41K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.22M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.98M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.15M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.24M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.29M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.32M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$366.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$126.18K	USD	1 Quarter
Net income	`NetIncomeLoss`	$203.76K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$194.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$167.66K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.47K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$168.02K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.11K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$95.93K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$95.91K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-37.29K	USD	3 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-24.80K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$596.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$133.18K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.82K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-77.60K	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$820.00	USD	3 Qtrs
Deferred rent	`OtherNoncashIncomeExpense`	$1.46K	USD	3 Qtrs
Loss in retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-97.00	USD	3 Qtrs
Loss in retirement of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$57.33K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-701.08K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$22.98K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$157.11K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.75K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.37K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-281.88K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$512.16K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$61.83K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.68K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$250.81K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-67.07K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$792.16K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.01M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$14.21K	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$12.75K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$254.91K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.52K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-102.72K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-267.66K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$39.58K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$596.00	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$133.18K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$597.00	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$172.76K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$697.25K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$910.40K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.23M	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`	$6.65M	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`	$8.23M	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`	$6.65M	USD	Point-in-time

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