8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

November 1, 2013

CreditRiskMonitor.com, Inc.

(Exact name of registrant as specified in its charter)

Nevada	1-8601	36-2972588
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

704 Executive Boulevard

Valley Cottage, NY 10989

(Address of principal executive offices, including zip code)

(845) 230-3000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition.

On November 1, 2013, CreditRiskMonitor.com, Inc. issued a press release relating to, among other things, its financial results for the quarter ended September 30, 2013. This press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Press Release dated November 1, 2013.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CREDITRISKMONITOR.COM, INC.
Date: November 1, 2013	By:	/s/ Lawrence Fensterstock
		Lawrence Fensterstock
		Chief Financial Officer
		(Principal Financial and
		Accounting Officer)

EX-99.1

Exhibit 99.1

NEWS RELEASE

CONTACT:

CreditRiskMonitor.com, Inc.

Jerry Flum, CEO

(845) 230-3030

ir@crmz.com

FOR IMMEDIATE RELEASE

CreditRiskMonitor Announces 3Q Results

VALLEY COTTAGE, NY—November 1, 2013—CreditRiskMonitor (OTCQX: CRMZ) reported that revenues were $3.01 million and $8.81 million for the 3 and 9 months ended September 30, 2013, respectively, an increase of 7% over the comparable periods last year. For the same periods, income from operations was $313,800 and $482,100, respectively, compared to $442,200 and $724,400 for the comparable 2012 periods. Cash, cash equivalents and marketable securities at the end of the nine-month period increased $506,000 to $8.66 million versus the 2012 year-end balance of $8.15 million.

Jerry Flum, CEO said, “We’re continuing to follow our long-term business strategy of building our infrastructure, adding new data elements and creating new tools for subscribers, realizing that our short-term results continue to be adversely impacted. Sales are still growing and our balance sheet continues to be strong, thus providing us with the flexibility of managing our company toward the long-term goal of creating greater shareholder value.”

CREDITRISKMONITOR.COM, INC.

STATEMENTS OF OPERATIONS

FOR THE 3 AND 9 MONTHS ENDED SEPTEMBER 30, 2013 AND 2012

(Unaudited)

	3 Months Ended						9 Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Operating revenues	$	3,014,156		$	2,822,056		$	8,813,415		$	8,207,538
Operating expenses:
Data and product costs		1,075,271			914,186			3,248,237			2,777,343
Selling, general and administrative expenses		1,578,149			1,427,830			4,965,559			4,591,402
Depreciation and amortization		46,943			37,880			117,496			114,436
Total operating expenses		2,700,363			2,379,896			8,331,292			7,483,181
Income from operations		313,793			442,160			482,123			724,357
Other income (expense), net		4,260			13,851			(38,170	)		26,468
Income before income taxes		318,053			456,011			443,953			750,825
Provision for income taxes		(126,506	)		(182,473	)		(176,450	)		(312,352	)
Net income	$	191,547		$	273,538		$	267,503		$	438,473
Net income per share:
Basic	$	0.02		$	0.03		$	0.03		$	0.06
Diluted	$	0.02		$	0.03		$	0.03		$	0.05

CREDITRISKMONITOR.COM, INC.

BALANCE SHEETS

SEPTEMBER 30, 2013 AND DECEMBER 31, 2012

	Sept. 30,			Dec. 31,
	2013			2012
	(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	$	7,230,896		$	6,422,458
Marketable securities		1,422,813			1,725,633
Accounts receivable, net of allowance		1,062,078			1,776,151
Other current assets		583,054			548,838
Total current assets		10,298,841			10,473,080
Property and equipment, net		384,654			260,438
Goodwill		1,954,460			1,954,460
Prepaid and other assets		34,058			21,970
Total assets	$	12,672,013		$	12,709,948
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Deferred revenue	$	6,517,388		$	6,978,797
Accounts payable		76,962			44,097
Accrued expenses		1,154,484			1,161,498
Total current liabilities		7,748,834			8,184,392
Deferred taxes on income		591,355			591,355
Other liabilities		5,413			5,190
Total liabilities		8,345,602			8,780,937
Stockholders’ equity:
Preferred stock, $.01 par value; authorized 5,000,000 shares; none issued		--			--
Common stock, $.01 par value; authorized 25,000,000 shares; issued and outstanding 7,958,568 and 7,946,462 shares, respectively		79,585			79,464
Additional paid-in capital		28,925,272			28,795,496
Accumulated deficit		(24,678,446	)		(24,945,949	)
Total stockholders’ equity		4,326,411			3,929,011
Total liabilities and stockholders’ equity	$	12,672,013		$	12,709,948

Overview

CreditRiskMonitor (http://www.crmz.com) is an Internet-based publisher of financial risk analysis and news, designed to save time for busy corporate credit and procurement/supply-chain professionals. The service offers comprehensive commercial credit reports covering over 40,000 public companies worldwide. Over 30% of the Fortune 1,000 already use CreditRiskMonitor’s timely news alerts and reports that feature detailed analyses of financial statements, ratio analysis and trend reports, peer analyses, as well as the Company’s  proprietary FRISK^® scores.

Safe Harbor Statement

Certain statements in this press release, including statements prefaced by the words "anticipates", "estimates", “believes", "expects" or words of similar meaning, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, those risks, uncertainties and factors referenced from time to time as "risk factors" or otherwise in the Company's Registration Statements or Securities and Exchange Commission Reports. We disclaim any intention or obligation to revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.