10-K Filing

CREDITRISKMONITOR COM INC CIK: 315958 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0001140361-17-013140`
Period End Date	20161231
Filing Date	20170324
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	crmz-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 24 Cash Flow Statement 56 Stockholders Equity 22

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$30.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$245.47K	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Accounts receivable, net of allowance of $30,000	`AccountsReceivableNetCurrent`	$2.09M	USD	Point-in-time
Accounts receivable, net of allowance of $30,000	`AccountsReceivableNetCurrent`	$1.93M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$555.87K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$487.26K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Total current assets	`AssetsCurrent`	$11.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.45M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$430.32K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$395.03K	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
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$34.00K	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
Other assets	`OtherAssetsNoncurrent`	$23.76K	USD	Point-in-time
Total assets	`Assets`	$13.83M	USD	Point-in-time
Total assets	`Assets`	$14.21M	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
Deferred revenue	`DeferredRevenueCurrent`	$7.44M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.72K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$78.27K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.28M	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`	$9.47M	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$759.45K	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$762.40K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.31K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.57K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.24M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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`	$29.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.31M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.97M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.01M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.83M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.21M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$12.81M	USD	Annual
Operating revenues	`Revenues`	$12.49M	USD	Annual
Data and product costs	`CostOfServices`	$4.94M	USD	Annual
Data and product costs	`CostOfServices`	$4.67M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.50M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.69M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$200.14K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$218.62K	USD	Annual
Total operating expenses	`OperatingExpenses`	$12.64M	USD	Annual
Total operating expenses	`OperatingExpenses`	$11.57M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$916.81K	USD	Annual
Income from operations	`OperatingIncomeLoss`	$174.46K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$2.34K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$27.18K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$919.15K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.64K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$405.96K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$149.20K	USD	Annual
Net income	`NetIncomeLoss`	$513.19K	USD	Annual
Net income	`NetIncomeLoss`	$52.44K	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$513.19K	USD	Annual
Net income	`NetIncomeLoss`	$52.44K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.95K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$42.50K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$200.14K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$218.62K	USD	Annual
Realized loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	-	USD	Annual
Realized loss on marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-5.06K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$127.84K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$139.67K	USD	Annual
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-42.75K	USD	Annual
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	Annual
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-8.26K	USD	Annual
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-1.77K	USD	Annual
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	Annual
Tax benefits from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$31.91K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-151.28K	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$163.25K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$100.16K	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-68.61K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$10.32K	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-10.24K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-176.07K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$652.19K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.46K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-58.99K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$40.81K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$10.35K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$730.85K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.04M	USD	Annual
Sale of marketable securities	`PaymentsForProceedsFromInvestments`	$-1.08M	USD	Annual
Sale of marketable securities	`PaymentsForProceedsFromInvestments`	$-240.41K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$235.43K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$276.31K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$798.90K	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$4.98K	USD	Annual
Dividend paid to stockholders	`PaymentsOfOrdinaryDividends`	$536.12K	USD	Annual
Dividend paid to stockholders	`PaymentsOfOrdinaryDividends`	$412.40K	USD	Annual
Settlement of fractional shares in stock split paid to stockholders	`PaymentsToStockholdersInSettlementOfFractionalSharesInStockSplit`	$411.00	USD	Annual
Settlement of fractional shares in stock split paid to stockholders	`PaymentsToStockholdersInSettlementOfFractionalSharesInStockSplit`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$39.58K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	Annual
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$31.91K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-341.32K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-536.12K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.19M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$504.44K	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.53M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$74.36K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$455.36K	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$4.31M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.01M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Net income	`NetIncomeLoss`	$513.19K	USD	Annual
Net income	`NetIncomeLoss`	$52.44K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$412.40K	USD	Annual
Cash dividend paid	`DividendsCommonStockCash`	$536.12K	USD	Annual
Cash settlement of fractional shares on stock split	`PaymentsToStockholdersInSettlementOfFractionalSharesInStockSplit`	$411.00	USD	Annual
Cash settlement of fractional shares on stock split	`PaymentsToStockholdersInSettlementOfFractionalSharesInStockSplit`	-	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$39.58K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$139.67K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$127.84K	USD	Annual
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	Annual
Tax benefit from stock option plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$31.91K	USD	Annual
Balance	`StockholdersEquity`	$4.31M	USD	Point-in-time
Balance	`StockholdersEquity`	$3.97M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.01M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	10.72M	shares	Point-in-time

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