10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001140361-17-031637`
Period End Date	20170630
Filing Date	20170814
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	crmz-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 48 Cash Flow Statement 44

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	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
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.79M	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
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$2.09M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$652.74K	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$487.26K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.80M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$430.32K	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$399.39K	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	10.72M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	10.72M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$23.76K	USD	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
Other assets	`OtherAssetsNoncurrent`	$38.64K	USD	Point-in-time
Total assets	`Assets`	$14.04M	USD	Point-in-time
Total assets	`Assets`	$14.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.32M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$82.66K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$96.72K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.25M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.65M	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$661.58K	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$762.40K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$12.57K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.24K	USD	Point-in-time
Total liabilities	`Liabilities`	$10.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.33M	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 32,500,000 shares; issued and outstanding 10,722,401 shares	`CommonStockValue`	$107.22K	USD	Point-in-time
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,722,401 shares	`CommonStockValue`	$107.22K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-25.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.97M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.21M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$14.04M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$6.29M	USD	2 Qtrs
Operating revenues	`Revenues`	$3.34M	USD	1 Quarter
Operating revenues	`Revenues`	$3.18M	USD	1 Quarter
Operating revenues	`Revenues`	$6.58M	USD	2 Qtrs
Data and product costs	`CostOfServices`	$1.33M	USD	1 Quarter
Data and product costs	`CostOfServices`	$2.73M	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`	$4.19M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.97M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.07M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.72K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$49.72K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.13K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.50M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.22M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-111.57K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-434.73K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-208.50K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-48.79K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$9.76K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$16.27K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$14.57K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$34.18K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-174.32K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-420.16K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-32.52K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.81K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-63.34K	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-11.86K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-18.12K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-92.18K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-110.98K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-327.98K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-20.65K	USD	1 Quarter
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	2 Qtrs
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	2 Qtrs
Basic and diluted (in dollars per share)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	2 Qtrs
Basic and diluted (in dollars per share)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	1 Quarter
Basic and diluted (in dollars per share)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	1 Quarter
Basic and diluted (in dollars per share)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-110.98K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-327.98K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-20.65K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.72K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$48.51K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$49.72K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.13K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$70.27K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$76.89K	USD	2 Qtrs
Unrealized gain on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$31.11K	USD	2 Qtrs
Unrealized gain on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	-	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-100.83K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.70K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-5.18K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-2.67K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-372.17K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-297.37K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$161.78K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$165.48K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$17.29K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.87K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$226.92K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$521.55K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.06K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$54.72K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-28.74K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-81.66K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$711.11K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.98K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.79K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$142.08K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.08K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.79K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$569.03K	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-23.81K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	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`	$9.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.20M	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`	$9.29M	USD	Point-in-time

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