10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001140361-16-075541`
Period End Date	20160630
Filing Date	20160810
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	crmz-20160630.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`	$7.92M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$245.47K	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$276.59K	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.93M	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
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.56M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$749.92K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$911.71K	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$395.03K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$437.97K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	10.72M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	10.72M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$51.29K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$34.00K	USD	Point-in-time
Total assets	`Assets`	$14.47M	USD	Point-in-time
Total assets	`Assets`	$14.02M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.96M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$132.99K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.27K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.24M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.76M	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$806.16K	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$790.46K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.31K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$9.49K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.05M	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 32,500,000 shares; issued and outstanding 10,722,321 shares	`CommonStockValue`	$107.22K	USD	Point-in-time
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,321 shares	`CommonStockValue`	$107.22K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.46M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.42M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.02M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`SalesRevenueServicesNet`	$6.29M	USD	2 Qtrs
Operating revenues	`SalesRevenueServicesNet`	$3.18M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$3.11M	USD	1 Quarter
Operating revenues	`SalesRevenueServicesNet`	$6.18M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.17M	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.40M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.17M	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.43M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.97M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.37M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$113.19K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$99.13K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$60.44K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.88M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$237.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-208.50K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$293.91K	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-48.79K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$5.69K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncome`	$16.27K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$34.18K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncome`	$738.00	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$237.74K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-174.32K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-32.52K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$299.61K	USD	2 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-11.86K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$128.01K	USD	2 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$102.67K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-63.34K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-20.65K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$171.59K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-110.98K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$135.07K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.72M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.55M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.72M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.72M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-20.65K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$171.59K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-110.98K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$135.07K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$113.19K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$99.13K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$60.44K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$63.67K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$76.89K	USD	2 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-19.33K	USD	2 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$31.11K	USD	2 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$67.37K	USD	2 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.70K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-22.82K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-5.18K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$2.18K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-461.44K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-372.17K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$240.09K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$161.78K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$17.10K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$17.29K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$183.44K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$521.55K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-54.22K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$54.72K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-81.66K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-134.91K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$711.11K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$473.97K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$142.08K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$187.67K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-187.67K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-142.08K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$33.08K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	2 Qtrs
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$67.37K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$100.45K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$386.76K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$569.03K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time

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