10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001140361-18-036119`
Period End Date	20180630
Filing Date	20180810
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	crmz-20180630.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`	$8.74M	USD	Point-in-time
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`	$8.76M	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
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.81M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$2.14M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$870.13K	USD	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
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$11.41M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.44M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$437.22K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$360.56K	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
Goodwill	`Goodwill`	$1.95M	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
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$39.32K	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`	$23.46K	USD	Point-in-time
Total assets	`Assets`	$13.79M	USD	Point-in-time
Total assets	`Assets`	$13.82M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.76M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$97.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.90K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.34M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.71M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.06M	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$425.24K	USD	Point-in-time
Deferred taxes on income, net	`DeferredTaxLiabilitiesNoncurrent`	$514.33K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.83K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.75K	USD	Point-in-time
Total liabilities	`Liabilities`	$10.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.50M	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`	$29.61M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.43M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.82M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$3.34M	USD	1 Quarter
Operating revenues	`Revenues`	$6.58M	USD	2 Qtrs
Operating revenues	`Revenues`	$6.85M	USD	2 Qtrs
Operating revenues	`Revenues`	$3.48M	USD	1 Quarter
Data and product costs	`CostOfGoodsAndServicesSold`	$2.73M	USD	2 Qtrs
Data and product costs	`CostOfGoodsAndServicesSold`	$1.33M	USD	1 Quarter
Data and product costs	`CostOfGoodsAndServicesSold`	$1.41M	USD	1 Quarter
Data and product costs	`CostOfGoodsAndServicesSold`	$2.90M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.15M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.34M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$4.19M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$89.09K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$49.72K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.72K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$42.04K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.33M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$3.61M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-434.73K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-111.57K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-128.40K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-475.64K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$51.64K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$9.76K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$14.57K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$30.60K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-97.80K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-101.81K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-424.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-420.16K	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-18.12K	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-92.18K	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-81.72K	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-10.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-86.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-342.27K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-327.98K	USD	2 Qtrs
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.03	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
Net loss per share - Basic and diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	2 Qtrs
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
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	2 Qtrs

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-86.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-342.27K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-83.69K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-327.98K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-89.09K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-100.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$89.09K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$49.72K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$99.72K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$42.04K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$70.27K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$50.99K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-2.67K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-78.00	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-297.37K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-334.44K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$339.43K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$165.48K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$15.86K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.87K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$226.92K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$453.52K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-14.06K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$38.09K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-138.02K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-28.74K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$41.53K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.98K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.44K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.79K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.79K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.44K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-23.81K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.10K	USD	2 Qtrs
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`	$9.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.76M	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`	$9.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.76M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$80.64K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$8.19K	USD	2 Qtrs

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