10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001140361-18-023186`
Period End Date	20180331
Filing Date	20180514
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	crmz-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 24 Cash Flow Statement 38

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.74M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$2.14M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.97M	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
Other current assets	`OtherAssetsCurrent`	$530.70K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$504.93K	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.20M	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
Total current assets	`AssetsCurrent`	$11.41M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$399.43K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$437.22K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	10.72M	shares	Point-in-time
Goodwill	`Goodwill`	$1.95M	USD	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`	$23.46K	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`	$49.77K	USD	Point-in-time
Total assets	`Assets`	$13.60M	USD	Point-in-time
Total assets	`Assets`	$13.82M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.90K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.58K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$756.51K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.71M	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$514.33K	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$439.28K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.79K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.75K	USD	Point-in-time
Total liabilities	`Liabilities`	$10.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.24M	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`	$29.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.35M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.60M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$3.37M	USD	1 Quarter
Operating revenues	`Revenues`	$3.24M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.40M	USD	1 Quarter
Data and product costs	`CostOfServices`	$1.48M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.11M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.19M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$47.05K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$50.01K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.72M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.56M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-323.16K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-347.24K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.81K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$21.04K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-318.35K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-326.20K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-70.76K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-74.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-244.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-255.44K	USD	1 Quarter
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	1 Quarter

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-244.29K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-255.44K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-75.05K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-81.20K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$47.05K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$50.01K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-39.00	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-1.33K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$35.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$25.49K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-168.81K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-165.05K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-25.77K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-127.30K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$26.30K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$25.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$194.36K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$588.67K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$86.68K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-29.74K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-517.26K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-588.02K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.06K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-320.69K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.17K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.26K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-58.17K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.26K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-378.86K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-15.32K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.22M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.72M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.74M	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`	$8.72M	USD	Point-in-time

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