Here are the 10-K annual reports from CreditRiskMonitor.com Inc (CRMZ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CRMZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRMZ filings page.
CreditRiskMonitor.com, Inc. (CRMZ) filed an amended annual report to restate its 2024 and 2025 financial statements after identifying unrecorded state and local sales and income tax liabilities through a nexus study with an external tax advisor. The restatement increased accrued expenses and reduced previously reported net income for both years, and management and the audit committee concluded prior financials for several quarters and years should no longer be relied upon. A material weakness was identified in internal control over financial reporting related to monitoring state and local tax nexus, and the company has engaged automated tax-compliance and sales-tax solutions to address this. In 2025 CRMZ generated $20.1 million of operating revenue (up about 2%), remained profitable with $0.5 million in net income, and ended the year with $6.2 million in cash and $12.6 million in U.S. Treasury securities and no debt, supported by largely upfront, recurring SaaS subscription revenues and diversified customers. The company also enhanced cybersecurity governance and completed a SOC2 Type I report covering security, availability, and confidentiality.
CreditRiskMonitor.com is a Nevada-based, remote-only SaaS company focused on business-to-business corporate financial risk, selling subscription products like CreditRiskMonitor® and SupplyChainMonitor™ to credit and supply chain professionals, including nearly 40% of the Fortune 1000.
For 2025, operating revenue rose to $20.1 million, up 2% from 2024, driven by higher subscription sales and pricing, while net income declined to $1.0 million from $1.7 million as selling, general and administrative expenses increased 8%. The company ended 2025 with $6.2 million in cash and equivalents, $12.6 million in U.S. Treasury held-to-maturity securities, no debt, and working capital of $8.5 million. Unexpired subscription revenue was $11.1 million, reflecting its upfront annual billing model and recurring revenue base.