10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001140361-16-086086`
Period End Date	20160930
Filing Date	20161114
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	crmz-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 56 Cash Flow Statement 54

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	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`	$8.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.56M	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`	$274.03K	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`	$1.49M	USD	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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$555.87K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$686.42K	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`	32.50M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.01M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$403.36K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$395.03K	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
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$34.00K	USD	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssetsNoncurrent`	$46.68K	USD	Point-in-time
Total assets	`Assets`	$13.83M	USD	Point-in-time
Total assets	`Assets`	$14.42M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.86M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$162.81K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.27K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.25M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.27M	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$743.76K	USD	Point-in-time
Deferred taxes on income	`DeferredTaxLiabilitiesNoncurrent`	$759.45K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.31K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$11.24K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.02M	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 10,722,401 and 10,722,321 shares, respectively	`CommonStockValue`	$107.22K	USD	Point-in-time
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,401 and 10,722,321 shares, respectively	`CommonStockValue`	$107.22K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.11M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.83M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.42M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$9.33M	USD	3 Qtrs
Operating revenues	`Revenues`	$3.15M	USD	1 Quarter
Operating revenues	`Revenues`	$9.53M	USD	3 Qtrs
Operating revenues	`Revenues`	$3.24M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.13M	USD	1 Quarter
Data and product costs	`CostOfServices`	$3.53M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$3.68M	USD	3 Qtrs
Data and product costs	`CostOfServices`	$1.25M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.01M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.78M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.81M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$48.89K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$148.03K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$167.66K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.47K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.82M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.71M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$9.61M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$622.61K	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$126.46K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$328.69K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-82.04K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-589.00	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.01K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$33.59K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.68K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.45K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$623.62K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$125.87K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$324.01K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$45.92K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$124.61K	USD	1 Quarter
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$242.64K	USD	3 Qtrs
Benefit from (provision for) income taxes	`IncomeTaxExpenseBenefit`	$-17.42K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$79.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$199.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.03K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$380.98K	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	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`	$0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.72M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.72M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.69M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.72M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.77M	shares	3 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$79.95K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$199.40K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.03K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$380.98K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.89K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$148.03K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$167.66K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.47K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$112.37K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$95.93K	USD	3 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$27.78K	USD	3 Qtrs
Unrealized (gain) loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-37.29K	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$31.91K	USD	3 Qtrs
Deferred taxes on income	`DeferredIncomeTaxExpenseBenefit`	$-15.70K	USD	3 Qtrs
Deferred taxes on income	`DeferredIncomeTaxExpenseBenefit`	$-37.80K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$820.00	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-6.93K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-437.27K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-701.08K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$22.98K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$130.55K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.68K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.37K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-281.88K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$420.39K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-25.68K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$84.55K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$8.44K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-67.07K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$893.42K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.00M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$778.00	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$12.75K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$156.36K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$254.91K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-157.14K	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`	-	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	3 Qtrs
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$31.91K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$71.50K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$843.12K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$697.25K	USD	3 Qtrs
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`	$8.72M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.56M	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`	$8.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.56M	USD	Point-in-time

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