$CRMZ

CREDITRISKMONITOR COM INC

CIK:0000315958|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
CONDENSED STATEMENTS OF OPERATIONS [Abstract]
Operating revenues	$ 5,094,736	$ 5,009,370	$ 15,025,690	$ 14,751,845
Operating expenses:
Data and product costs	2,191,789	2,205,871	6,669,223	6,566,750
Selling, general and administrative expenses	2,808,281	2,391,372	8,178,708	7,902,669
Depreciation and amortization	78,336	97,513	281,100	291,576
Total operating expenses	5,078,406	4,694,756	15,129,031	14,760,995
Income (loss) from operations	16,330	314,614	(103,341)	(9,150)
Other income, net	164,256	249,185	475,921	619,800
Income before income taxes	180,586	563,799	372,580	610,650
Provision for income taxes	(55,317)	(176,650)	(119,679)	(279,838)
Net income	$ 125,269	$ 387,149	$ 252,901	$ 330,812
Net income per share - Basic (in Dollars per share)	$ 0.01	$ 0.04	$ 0.02	$ 0.03
Net income per share - Diluted (in Dollars per share)	$ 0.01	$ 0.04	$ 0.02	$ 0.03
Weighted average number of common shares outstanding
Basic (in Shares)	10,767,501	10,722,401	10,767,501	10,722,401
Diluted (in Shares)	10,848,607	10,770,383	10,852,979	10,764,587

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income	$ 252,901	$ 330,812
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of bond discount	(131,190)	(146,697)
Depreciation and amortization	281,100	291,576
Operating lease right-of-use asset, net	0	2,494
Stock-based compensation	73,228	73,892
Changes in operating assets and liabilities:
Accounts receivable, net	654,353	375,116
Other current assets	29,773	(127,557)
Unexpired subscription revenue	20,652	709,902
Accounts payable	(128,092)	(69,066)
Accrued expenses	532,937	768,982
Net cash provided by operating activities	1,585,662	2,209,454
Cash flows from investing activities:
Proceeds from held-to-maturity securities	2,695,000	2,850,000
Purchase of held-to-maturity securities	(3,918,108)	(7,898,319)
Purchase of property and equipment	(215,573)	(278,039)
Net cash used in investing activities	(1,438,681)	(5,326,358)
Cash flows from financing activities:
Proceeds from exercise of stock options	96,935	0
Net cash provided by financing activities	96,935	0
Net increase (decrease) in cash and cash equivalents	243,916	(3,116,904)
Cash and cash equivalents at beginning of period	6,674,473	11,004,937
Cash and cash equivalents at end of period	$ 6,918,389	$ 7,888,033

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 6,918,389	$ 6,674,473
Held-to-maturity securities	6,098,773	2,467,475
Accounts receivable, net of allowance for credit losses of $30,000	2,976,665	3,631,018
Other current assets	899,739	929,512
Total current assets	16,893,566	13,702,478
Held-to-maturity securities	6,481,000	8,758,000
Property and equipment, net	432,033	497,560
Operating lease right-of-use asset, net	105,777	0
Goodwill	1,954,460	1,954,460
Total assets	25,866,836	24,912,498
Current liabilities:
Unexpired subscription revenue	10,894,478	10,886,860
Accounts payable	191,625	319,717
Operating lease liability, current portion	30,024	0
Accrued expenses	3,724,456	3,191,519
Total current liabilities	14,840,583	14,398,096
Deferred taxes on income, net	207,308	207,308
Unexpired subscription revenue, less current portion	164,508	151,474
Operating lease liability, less current portion	75,753	0
Total liabilities	15,288,152	14,756,878
Stockholders’ equity:
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued	0	0
Common stock, $.01 par value; authorized 32,500,000 shares; issued and outstanding 10,767,501 and 10,722,401 shares, respectively	107,675	107,224
Additional paid-in capital	30,276,443	30,106,731
Accumulated deficit	(19,805,434)	(20,058,335)
Total stockholders’ equity	10,578,684	10,155,620
Total liabilities and stockholders’ equity	$ 25,866,836	$ 24,912,498