$CRMZ
CREDITRISKMONITOR COM INC

2024 Q2 Form 10-Q Financial Statement

#000114036124025857 Filed on May 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $4.934M $4.809M
YoY Change 5.37% 4.75%
Cost Of Revenue $2.173M $2.198M
YoY Change 12.34% 14.45%
Gross Profit $2.761M $2.611M
YoY Change 0.46% -2.23%
Gross Profit Margin 55.95% 54.3%
Selling, General & Admin $2.685M $2.554M
YoY Change 19.21% 8.25%
% of Gross Profit 97.27% 97.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.9K $93.17K
YoY Change 6.68% -4.46%
% of Gross Profit 3.65% 3.57%
Operating Expenses $4.959M $4.845M
YoY Change 15.83% 10.68%
Operating Profit -$25.64K -$35.84K
YoY Change -106.4% -116.76%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $195.7K $201.8K
YoY Change 1.64% 43.11%
Pretax Income $170.1K $165.9K
YoY Change -71.34% -53.23%
Income Tax $40.91K $38.51K
% Of Pretax Income 24.05% 23.21%
Net Earnings $129.2K $127.4K
YoY Change -71.38% -53.72%
Net Earnings / Revenue 2.62% 2.65%
Basic Earnings Per Share $0.01 $0.01
Diluted Earnings Per Share $0.01 $0.01
COMMON SHARES
Basic Shares Outstanding 10.72M 10.72M
Diluted Shares Outstanding 10.76M 10.77M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.95M $14.96M
YoY Change 9.91% 9.18%
Cash & Equivalents $12.36M $11.42M
Short-Term Investments $3.594M $3.539M
Other Short-Term Assets $1.048M $806.7K
YoY Change 10.24% 22.88%
Inventory
Prepaid Expenses
Receivables $3.557M $3.793M
Other Receivables $0.00 $0.00
Total Short-Term Assets $20.56M $19.55M
YoY Change 11.81% 10.06%
LONG-TERM ASSETS
Property, Plant & Equipment $560.8K $661.7K
YoY Change -0.07% 11.47%
Goodwill $1.954M $1.954M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $700.0K $700.0K
YoY Change
Other Assets $18.11K $18.11K
YoY Change 0.0% 0.0%
Total Long-Term Assets $4.741M $4.894M
YoY Change 11.56% 12.97%
TOTAL ASSETS
Total Short-Term Assets $20.56M $19.55M
Total Long-Term Assets $4.741M $4.894M
Total Assets $25.30M $24.45M
YoY Change 11.77% 10.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $78.81K $238.2K
YoY Change -14.0% 95.08%
Accrued Expenses $1.981M $1.315M
YoY Change 15.15% 10.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.64M $12.88M
YoY Change 12.05% 7.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.631M $1.695M
YoY Change -8.14% -10.02%
Total Long-Term Liabilities $1.631M $1.695M
YoY Change -8.14% -10.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.64M $12.88M
Total Long-Term Liabilities $1.631M $1.695M
Total Liabilities $15.63M $14.93M
YoY Change 9.39% 4.94%
SHAREHOLDERS EQUITY
Retained Earnings -$20.49M -$20.62M
YoY Change -5.64% -6.98%
Common Stock $107.2K $107.2K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.672M $9.520M
YoY Change
Total Liabilities & Shareholders Equity $25.30M $24.45M
YoY Change 11.77% 10.63%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $129.2K $127.4K
YoY Change -71.38% -53.72%
Depreciation, Depletion And Amortization $100.9K $93.17K
YoY Change 6.68% -4.46%
Cash From Operating Activities $951.8K $608.8K
YoY Change 13.79% -447.72%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $197.3K
YoY Change -100.0% 267.61%
Acquisitions
YoY Change
Other Investing Activities -$10.60K -$330.00
YoY Change -133.42% -105.49%
Cash From Investing Activities -$10.61K -$197.6K
YoY Change -65.13% 314.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities 951.8K 608.8K
Cash From Investing Activities -10.61K -197.6K
Cash From Financing Activities
Net Change In Cash 941.2K 411.2K
YoY Change 16.77% -284.61%
FREE CASH FLOW
Cash From Operating Activities $951.8K $608.8K
Capital Expenditures $0.00 $197.3K
Free Cash Flow $951.8K $411.5K
YoY Change 22.92% -279.91%

Facts In Submission

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CY2024Q1 us-gaap Nonoperating Income Expense
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CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2024Q1 us-gaap Income Tax Expense Benefit
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CY2023Q1 us-gaap Income Tax Expense Benefit
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CY2024Q1 us-gaap Revenues
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CY2024Q1 us-gaap Accrued Investment Income Receivable
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CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
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CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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CY2024Q1 dei Amendment Flag
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CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
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CY2024Q1 dei Document Fiscal Period Focus
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CY2024Q1 dei Entity Central Index Key
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CY2024Q1 ecd Rule10b51 Arr Adopted Flag
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CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
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CY2024Q1 crmz Other Than Temporary Impairment Loss Debt Securities Held To Maturity Before Tax
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CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2024Q1 us-gaap Incremental Common Shares Attributable To Equity Unit Purchase Agreements
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CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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ef20026289_ex31-1.htm Edgar Link pending
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