10-Q Filing

CREDITRISKMONITOR COM INC CIK: 315958 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001140361-18-042813`
Period End Date	20180930
Filing Date	20181109
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	crmz-20180930.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
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`	$8.61M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.74M	USD	Point-in-time
Accounts receivable, net of allowance	`AccountsReceivableNetCurrent`	$1.57M	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
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$530.70K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$530.56K	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
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
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.71M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$437.22K	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	32.50M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$552.54K	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
Goodwill	`Goodwill`	$1.95M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	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
Other assets	`OtherAssetsNoncurrent`	$48.28K	USD	Point-in-time
Total assets	`Assets`	$13.82M	USD	Point-in-time
Total assets	`Assets`	$13.26M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$8.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.90K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$145.46K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.34M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.16M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$9.52M	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`	$425.88K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$15.75K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$19.31K	USD	Point-in-time
Total liabilities	`Liabilities`	$9.96M	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`	$29.56M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.63M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.30M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$13.26M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Operating revenues	`Revenues`	$9.96M	USD	3 Qtrs
Operating revenues	`Revenues`	$3.39M	USD	1 Quarter
Operating revenues	`Revenues`	$3.48M	USD	1 Quarter
Operating revenues	`Revenues`	$10.33M	USD	3 Qtrs
Data and product costs	`CostOfGoodsAndServicesSold`	$4.31M	USD	3 Qtrs
Data and product costs	`CostOfGoodsAndServicesSold`	$4.06M	USD	3 Qtrs
Data and product costs	`CostOfGoodsAndServicesSold`	$1.42M	USD	1 Quarter
Data and product costs	`CostOfGoodsAndServicesSold`	$1.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.01M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.06M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.40M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$6.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$49.58K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$43.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$143.13K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$138.67K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$10.40M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$3.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.53M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.85M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-4.78K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-439.51K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-45.33K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-520.97K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$36.71K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$88.35K	USD	3 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$15.36K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$29.93K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.62K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-409.58K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.58K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-432.61K	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$29.70K	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-62.48K	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-79.19K	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$2.53K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-347.10K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.15K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.12K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-353.42K	USD	3 Qtrs
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`	$-0.03	USD	3 Qtrs
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`	$-0.03	USD	3 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	3 Qtrs
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	3 Qtrs
Weighted average number of common shares outstanding - Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	10.72M	shares	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-347.10K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-11.15K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.12K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-353.42K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-72.57K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-88.46K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$49.58K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$43.41K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$143.13K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$138.67K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$72.19K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$105.89K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-3.56K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-3.13K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-577.91K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-569.47K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$67.35K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-136.00	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$24.82K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$9.84K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-94.39K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-197.09K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$86.56K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$39.28K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-184.21K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-14.86K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$125.29K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$160.55K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$253.99K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$98.24K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-253.99K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.24K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$62.31K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-128.70K	USD	3 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`	$8.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.28M	USD	Point-in-time
Cash and cash equivalents at beginning 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`	$8.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.74M	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$108.65K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-103.81K	USD	3 Qtrs

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