CREDITRISKMONITOR COM INC, 10-Q filed on 12 May 26
 | XBRL Documents
v3.26.1
Document And Entity Information - shares
 3 Months Ended
Mar. 31, 2026
May 12, 2026
Document Information Line Items    
Entity Central Index Key 0000315958  
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Fiscal Year Focus 2026  
Document Transition Report false  
Entity File Number 1-8601  
Entity Registrant Name CreditRiskMonitor.com, Inc.  
Entity Incorporation, State or Country Code NV  
Entity Tax Identification Number 36-2972588  
City Area Code 845  
Local Phone Number 230-3000  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   10,767,501
Amendment Flag false  
Document Fiscal Period Focus Q1  
Current Fiscal Year End Date --12-31  
v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 5,715,460 $ 6,248,223
Held-to-maturity securities 11,680,204 10,618,881
Accounts receivable, net of allowance for credit losses of $30,000 3,210,317 3,786,681
Other current assets 1,098,287 1,131,686
Total current assets 21,704,268 21,785,471
Held-to-maturity securities 971,000 1,997,000
Property and equipment, net 442,746 415,859
Operating lease right-of-use asset, net 76,695 84,525
Goodwill 1,954,460 1,954,460
Total assets 25,149,169 26,237,315
Current liabilities:    
Unexpired subscription revenue 10,755,411 10,933,761
Accounts payable 151,184 169,988
Operating lease liability 29,859 29,364
Accrued expenses 1,171,783 2,160,366
Total current liabilities 12,108,237 13,293,479
Deferred tax liabilities, net 355,646 355,646
Unexpired subscription revenue, less current portion 200,379 178,936
Operating lease liability, less current portion 46,836 55,161
Total liabilities 12,711,098 13,883,222
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 shares 107,675 107,675
Additional paid-in capital 30,326,362 30,300,696
Accumulated deficit (17,995,966) (18,054,278)
Total stockholders’ equity 12,438,071 12,354,093
Total liabilities and stockholders’ equity $ 25,149,169 $ 26,237,315
v3.26.1
CONDENSED BALANCE SHEETS (Parentheticals) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
CONDENSED BALANCE SHEETS [Abstract]    
Accounts receivable, allowance for credit losses $ 30,000 $ 30,000
Preferred stock, par value (in Dollars per share) $ 0.01 $ 0.01
Preferred stock, authorized (in Shares) 5,000,000 5,000,000
Preferred stock, issued (in Shares) 0 0
Common stock, par value (in Dollars per share) $ 0.01 $ 0.01
Common stock, authorized (in Shares) 32,500,000 32,500,000
Common stock, issued (in Shares) 10,767,501 10,767,501
Common stock, outstanding (in Shares) 10,767,501 10,767,501
v3.26.1
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CONDENSED STATEMENTS OF OPERATIONS [Abstract]    
Operating revenues $ 4,986,878 $ 4,871,412
Operating expenses:    
Data and product costs 2,520,905 2,283,374
Selling, general and administrative expenses 2,505,880 2,476,951
Depreciation and amortization 53,820 85,720
Total operating expenses 5,080,605 4,846,045
(Loss) income from operations (93,727) 25,367
Other income, net 169,803 180,833
Income before income taxes 76,076 206,200
Provision for income taxes (17,764) (47,138)
Net income $ 58,312 $ 159,062
Net income per share - Basic (in Dollars per share) $ 0.01 $ 0.01
Net income per share - Diluted (in Dollars per share) $ 0.01 $ 0.01
Weighted average number of common shares outstanding    
Basic (in Shares) 10,767,501 10,722,401
Diluted (in Shares) 10,847,137 10,831,979
v3.26.1
CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Balance at Dec. 31, 2024 $ 107,224 $ 30,106,731 $ (19,072,209) $ 11,141,746
Balance (in Shares) at Dec. 31, 2024 10,722,401      
Net income $ 0 0 159,062 159,062
Stock-based compensation 0 27,285 0 27,285
Balance at Mar. 31, 2025 $ 107,224 30,134,016 (18,913,147) 11,328,093
Balance (in Shares) at Mar. 31, 2025 10,722,401      
Balance at Dec. 31, 2025 $ 107,675 30,300,696 (18,054,278) $ 12,354,093
Balance (in Shares) at Dec. 31, 2025 10,767,501     10,767,501
Net income $ 0 0 58,312 $ 58,312
Stock-based compensation 0 25,666 0 25,666
Balance at Mar. 31, 2026 $ 107,675 $ 30,326,362 $ (17,995,966) $ 12,438,071
Balance (in Shares) at Mar. 31, 2026 10,767,501     10,767,501
v3.26.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 58,312 $ 159,062
Adjustments to reconcile net income to net cash used by operating activities:    
Amortization of bond discount (35,323) (53,499)
Depreciation and amortization 53,820 85,720
Stock-based compensation 25,666 27,285
Changes in operating assets and liabilities:    
Accounts receivable, net 576,364 (265,932)
Other current assets 33,399 (127,090)
Unexpired subscription revenue (156,907) 237,412
Accounts payable (18,804) (131,262)
Accrued expenses (988,583) (769,283)
Net cash used in operating activities (452,056) (837,587)
Cash flows from investing activities:    
Proceeds from held-to-maturity securities 0 985,000
Purchase of held-to-maturity securities 0 (978,691)
Purchase of property and equipment (80,707) (6,000)
Net cash (used in) provided by investing activities (80,707) 309
Net decrease in cash and cash equivalents (532,763) (837,278)
Cash and cash equivalents at beginning of period 6,248,223 6,674,473
Cash and cash equivalents at end of period $ 5,715,460 $ 5,837,195
v3.26.1
Overview and Basis of Presentation
 3 Months Ended
Mar. 31, 2026
Overview and Basis of Presentation [Abstract]  
Overview and Basis of Presentation
(1) Overview and Basis of Presentation
 
CreditRiskMonitor.com, Inc. (the “Company” or “CreditRiskMonitor.com”) provides interactive business-to-business Software-as-a-Service (“SaaS”) subscription products designed specifically for credit and supply chain risk managers. These products are sold predominantly to corporations located in the United States.
 
The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Certain information and footnote disclosures required by generally accepted accounting principles (“GAAP”) in the United States for complete financial statements have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the accompanying unaudited condensed financial statements reflect all material adjustments, including normal recurring accruals, necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods presented, and have been prepared in a manner consistent with the audited financial statements for the fiscal year ended December 31, 2025.
 
The results of operations for the three months ended March 31, 2026 and 2025 are not necessarily indicative of the results for an entire fiscal year.
 
The December 31, 2025 condensed balance sheet has been derived from the audited financial statements at that date, but does not include all disclosures required by GAAP for complete financial statements. These condensed financial statements should be read in conjunction with the audited financial statements and the footnotes for the fiscal year ended December 31, 2025 included in the Company’s Annual Report on Form 10-K.
v3.26.1
Recently Issued Accounting Standards
 3 Months Ended
Mar. 31, 2026
Recently Issued Accounting Standards [Abstract]  
Recently Issued Accounting Standards
(2) Recently Issued Accounting Standards
 
In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which provides for improvements to income tax disclosures primarily related to rate reconciliation and income taxes paid by jurisdiction. The Company adopted ASU 2023-09 on a prospective basis effective January 1, 2025 and the adoption of this update did not have a significant impact on the Company’s financial statements.
 
In November 2024, the FASB issued ASU 2024-03, Income Statement–Reporting Comprehensive Income–Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses (“ASU 2024-03”), to improve disclosures about a public entity’s expenses by requiring disclosure of additional information about the types of expenses commonly presented in the financial statements on an annual and interim basis. This guidance will be effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The Company is currently evaluating the impact of adoption of this pronouncement on its financial statements.
v3.26.1
Revenue Recognition
 3 Months Ended
Mar. 31, 2026
Revenue Recognition [Abstract]  
Revenue Recognition
(3) Revenue Recognition
 
The Company applies FASB Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with Customers (Topic 606) (“ASC 606”), to recognize revenue. ASC 606 requires an entity to apply the following five-step approach: (1) identify the contract(s) with a customer; (2) identify each performance obligation in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation; and (5) recognize revenue when or as each performance obligation is satisfied. The Company’s primary source of revenue is subscription income which is recognized ratably over the subscription term.
v3.26.1
Stock-Based Compensation
 3 Months Ended
Mar. 31, 2026
Stock-Based Compensation [Abstract]  
Stock-Based Compensation
(4) Stock-Based Compensation
 
The Company applies ASC 718, Compensation–Stock Compensation (Topic 718) (“ASC 718”), to account for stock-based compensation.
 
The table below summarizes the stock-based compensation expense for stock options that was recorded in the Company’s results of operations in accordance with ASC 718 for the three months ended March 31, 2026 and 2025, respectively, as follows:
 
    3 Months Ended    
    March 31,    
    2026     2025  
           
Data and product costs
$9,319  $8,546 
Selling, general and administrative expenses
  16,347    18,739 
           
   $25,666   $27,285 
v3.26.1
Fair Value Measurements
 3 Months Ended
Mar. 31, 2026
Fair Value Measurements [Abstract]  
Fair Value Measurements
(5) Fair Value Measurements
 
The Company’s cash, cash equivalents and marketable securities are stated at amortized cost, which approximate fair value. The carrying values of accounts receivable, other current assets, accounts payable, and accrued expenses approximate fair market value because of the short maturity of these financial instruments.
 
The Company’s cash equivalents are generally classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices.
 
All held-to-maturity securities as of March 31, 2026 and December 31, 2025 were U.S. Treasury securities. Investments in these government securities are based on quoted market prices in active markets, and are included in the Level 1 fair value hierarchy.
 
The tables below set forth the Company’s cash and cash equivalents, as well as marketable securities as of March 31, 2026 and December 31, 2025, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.
 
    March 31, 2026        
    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents
$5,715,460  $ −   $ −   $5,715,460 
Held-to-maturity securities
  12,651,204     −      −     12,651,204 
   $18,366,664   $ −    $ −    $18,366,664 
 
    December 31, 2025        
    Level 1     Level 2     Level 3     Total  
                     
Cash and cash equivalents
$6,248,223  $ −   $ −   $6,248,223 
Held-to-maturity securities
  12,615,881     −      −     12,615,881 
   $18,864,104   $ −    $ −    $18,864,104 
 
The Company did not hold financial assets and liabilities which were recorded at fair value in the Level 2 or 3 categories as of March 31, 2026 or December 31, 2025, respectively.
 
The preceding methods may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
v3.26.1
Marketable Securities
 3 Months Ended
Mar. 31, 2026
Marketable Securities [Abstract]  
Marketable Securities
(6) Marketable Securities
 
Based upon the Company’s intent and ability to hold its U.S. Treasury securities to maturity, such securities have been classified as held-to-maturity and are carried at amortized cost, which approximates fair market value. Maturities on these U.S. Treasury security holdings range from 19 to 25 months from the date of purchase. Accrued bond interest receivable as of March 31, 2026 and December 31, 2025 was $96,197 and $97,024, respectively, and is included in other current assets on the Condensed Balance Sheets.
 
The tables below summarize the Company’s cost and fair value of marketable securities as of March 31, 2026 and December 31, 2025, respectively, as follows:
 
             
       March 31, 2026     
    Amortized Cost     Gross Unrealized Gain     Fair Value  
Held-to-maturity securities
              
U.S. Treasury securities
 $12,651,204   $37,796   $12,689,000 
 
   
December 31, 2025
 
   
Amortized Cost
   
Gross Unrealized Gain
   
Fair Value
 
Held-to-maturity securities
              
U.S. Treasury securities
 $12,615,881   $73,119   $12,689,000 
 
Maturities of marketable securities as of March 31, 2026 and December 31, 2025, respectively, are as follows:
 
    March 31,
2026 		    December 31,
2025 		 
           
Held-to-maturity securities:
         
Due in one year or less
$11,680,204  $10,618,881 
Due in 12 – 24 months
  971,000    1,997,000 
           
   $12,651,204   $12,615,881 
 
The Company’s investments in marketable securities consist of investments in U.S. Treasury securities. Market values were determined for each individual security in the investment portfolio.
 
Management evaluates securities for other-than-temporary impairment at least on an annual basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Management has determined that no other-than-temporary impairment exists as of March 31, 2026.
v3.26.1
Net Income per Share
 3 Months Ended
Mar. 31, 2026
Net Income per Share [Abstract]  
Net Income per Share
(7) Net Income per Share
 
Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding and the dilutive effect of outstanding stock options.
 
    3 Months Ended    
    March 31,    
    2026     2025  
           
Weighted average common shares outstanding – basic
 10,767,501   10,722,401 
Potential shares exercisable under stock option plans
  268,301    341,950 
Less: Shares which could be repurchased under treasury stock method
  (188,665)    (232,372) 
           
Weighted average common shares outstanding – diluted
  10,847,137    10,831,979 
For the three months ended March 31, 2026, the computation of diluted net income per share excludes the effects of the assumed exercise of 604,300 options, since their inclusion would be anti-dilutive as their exercise prices were above the average market value.
 
For the three months ended March 31, 2025, the computation of diluted net income per share excludes the effects of the assumed exercise of 611,850 options, since their inclusion would be anti-dilutive as their exercise prices were above the average market value.
v3.26.1
Commitments and Contingencies
 3 Months Ended
Mar. 31, 2026
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
(8) Commitments and Contingencies
 
From time to time, the Company is involved in various legal proceedings arising in the ordinary course of business. The Company records a liability when it believes that a loss will be incurred and the amount of loss or range of loss can be reasonably estimated. Based on the currently available information, the Company does not believe that there are claims or legal proceedings that would have a material adverse effect on the business, or the condensed financial statements of the Company.
v3.26.1
Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
(9) Segment Reporting
 
The Company has a single operating and reportable segment: SaaS subscription products. This segment includes add-ons and enhancements that can only be accessed with an active base subscription to its SaaS subscription products. The products are used mainly by subscribers to analyze commercial financial risk for the purpose of extending trade credit, evaluating supply chains, and managing the counterparty risk associated with these relationships.
 
The Company’s chief operating decision maker (“CODM”) is its Chief Executive Officer and President. The CODM makes operating decisions, assesses performance and allocates resources using the entity-wide revenue and expense information reported on the Condensed Statements of Operations and the more detailed significant expense categories disclosed in the table below. The primary measure of segment profit is net income as reported on the Condensed Statements of Operations.
 
    3 Months Ended
March 31,  		  
    2026     2025  
           
Segment operating revenues
$4,986,878  $4,871,412 
           
Less: Significant segment expenses
         
Data and product costs
         
Employee expenses
  1,700,701    1,498,114 
Data feed expenses
  522,623    534,901 
Hosting and computer services expenses
  150,198    58,714 
Other data and product costs
  147,383    191,645 
Data and product costs subtotal
  2,520,905    2,283,374 
           
Selling, general and administrative expenses
         
Employee expenses
  1,868,786    1,914,112 
Professional fee expenses
  331,945    103,106 
Marketing expenses
  168,954    208,791 
Occupancy expenses (1)
  10,183    110,344 
Other general and administrative expenses
  126,012    140,598 
Selling, general and administrative expenses subtotal
  2,505,880    2,476,951 
           
Other significant segment items
         
Depreciation and amortization
  53,820    85,720 
Other (income), net
  (169,803)    (180,833) 
Provision for income taxes
  17,764    47,138 
           
Segment net income
 $58,312   $159,062 
 
(1) Prior to the expiration of the Company’s leased office space on July 31, 2025, occupancy expenses included rent, utilities, repairs, and office supplies. Post expiration, occupancy expenses included the rental of virtual office space for Company meetings.
v3.26.1
Pay vs Performance Disclosure - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Pay vs Performance Disclosure    
Net Income (Loss) $ 58,312 $ 159,062
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Stock-Based Compensation [Abstract]  
Stock-based Compensation Expense for Stock Options
The table below summarizes the stock-based compensation expense for stock options that was recorded in the Company’s results of operations in accordance with ASC 718 for the three months ended March 31, 2026 and 2025, respectively, as follows:
 
    3 Months Ended    
    March 31,    
    2026     2025  
           
Data and product costs
$9,319  $8,546 
Selling, general and administrative expenses
  16,347    18,739 
           
   $25,666   $27,285 
v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Measurements [Abstract]  
Cash and Cash Equivalents and Marketable Securities Measured at Fair Value on Recurring Basis
The tables below set forth the Company’s cash and cash equivalents, as well as marketable securities as of March 31, 2026 and December 31, 2025, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.
 
    March 31, 2026        
    Level 1     Level 2     Level 3     Total  
Cash and cash equivalents
$5,715,460  $ −   $ −   $5,715,460 
Held-to-maturity securities
  12,651,204     −      −     12,651,204 
   $18,366,664   $ −    $ −    $18,366,664 
 
    December 31, 2025        
    Level 1     Level 2     Level 3     Total  
                     
Cash and cash equivalents
$6,248,223  $ −   $ −   $6,248,223 
Held-to-maturity securities
  12,615,881     −      −     12,615,881 
   $18,864,104   $ −    $ −    $18,864,104 
v3.26.1
Marketable Securities (Tables)
 3 Months Ended
Mar. 31, 2026
Marketable Securities [Abstract]  
Cost and Fair Value of Marketable Securities
The tables below summarize the Company’s cost and fair value of marketable securities as of March 31, 2026 and December 31, 2025, respectively, as follows:
 
             
       March 31, 2026     
    Amortized Cost     Gross Unrealized Gain     Fair Value  
Held-to-maturity securities
              
U.S. Treasury securities
 $12,651,204   $37,796   $12,689,000 
 
   
December 31, 2025
 
   
Amortized Cost
   
Gross Unrealized Gain
   
Fair Value
 
Held-to-maturity securities
              
U.S. Treasury securities
 $12,615,881   $73,119   $12,689,000 
Maturities of Marketable Securities
Maturities of marketable securities as of March 31, 2026 and December 31, 2025, respectively, are as follows:
 
    March 31,
2026 		    December 31,
2025 		 
           
Held-to-maturity securities:
         
Due in one year or less
$11,680,204  $10,618,881 
Due in 12 – 24 months
  971,000    1,997,000 
           
   $12,651,204   $12,615,881 
v3.26.1
Net Income per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Net Income per Share [Abstract]  
Computation of Basic and Diluted Net Income per Share
Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding and the dilutive effect of outstanding stock options.
 
    3 Months Ended    
    March 31,    
    2026     2025  
           
Weighted average common shares outstanding – basic
 10,767,501   10,722,401 
Potential shares exercisable under stock option plans
  268,301    341,950 
Less: Shares which could be repurchased under treasury stock method
  (188,665)    (232,372) 
           
Weighted average common shares outstanding – diluted
  10,847,137    10,831,979 
v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Financial Information of Reportable Segments The CODM makes operating decisions, assesses performance and allocates resources using the entity-wide revenue and expense information reported on the Condensed Statements of Operations and the more detailed significant expense categories disclosed in the table below. The primary measure of segment profit is net income as reported on the Condensed Statements of Operations.
    3 Months Ended
March 31,  		  
    2026     2025  
           
Segment operating revenues
$4,986,878  $4,871,412 
           
Less: Significant segment expenses
         
Data and product costs
         
Employee expenses
  1,700,701    1,498,114 
Data feed expenses
  522,623    534,901 
Hosting and computer services expenses
  150,198    58,714 
Other data and product costs
  147,383    191,645 
Data and product costs subtotal
  2,520,905    2,283,374 
           
Selling, general and administrative expenses
         
Employee expenses
  1,868,786    1,914,112 
Professional fee expenses
  331,945    103,106 
Marketing expenses
  168,954    208,791 
Occupancy expenses (1)
  10,183    110,344 
Other general and administrative expenses
  126,012    140,598 
Selling, general and administrative expenses subtotal
  2,505,880    2,476,951 
           
Other significant segment items
         
Depreciation and amortization
  53,820    85,720 
Other (income), net
  (169,803)    (180,833) 
Provision for income taxes
  17,764    47,138 
           
Segment net income
 $58,312   $159,062 
 
(1) Prior to the expiration of the Company’s leased office space on July 31, 2025, occupancy expenses included rent, utilities, repairs, and office supplies. Post expiration, occupancy expenses included the rental of virtual office space for Company meetings.
v3.26.1
Stock-Based Compensation - Stock-based Compensation Expense for Stock Options (Details) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Stock-Based Compensation [Abstract]    
Stock-based compensation expense $ 25,666 $ 27,285
Data and Product Costs [Member]    
Stock-Based Compensation [Abstract]    
Stock-based compensation expense 9,319 8,546
Selling, General and Administrative Expenses [Member]    
Stock-Based Compensation [Abstract]    
Stock-based compensation expense $ 16,347 $ 18,739
v3.26.1
Fair Value Measurements - Cash and Cash Equivalents and Marketable Securities Measured at Fair Value on Recurring Basis (Details) - Recurring [Member] - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Fair Value Measurements [Abstract]    
Cash and cash equivalents $ 5,715,460 $ 6,248,223
Held-to-maturity securities 12,651,204 12,615,881
Fair Value 18,366,664 18,864,104
Level 1 [Member]    
Fair Value Measurements [Abstract]    
Cash and cash equivalents 5,715,460 6,248,223
Held-to-maturity securities 12,651,204 12,615,881
Fair Value 18,366,664 18,864,104
Level 2 [Member]    
Fair Value Measurements [Abstract]    
Cash and cash equivalents 0 0
Held-to-maturity securities 0 0
Fair Value 0 0
Level 3 [Member]    
Fair Value Measurements [Abstract]    
Cash and cash equivalents 0 0
Held-to-maturity securities 0 0
Fair Value $ 0 $ 0
v3.26.1
Marketable Securities (Details) - USD ($)
 3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Marketable Securities [Abstract]    
Accrued bond interest receivable $ 96,197 $ 97,024
Other-than-temporary impairment loss $ 0  
v3.26.1
Marketable Securities - Cost and Fair Value of Marketable Securities (Details) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Marketable Securities [Abstract]    
Amortized Cost $ 12,651,204 $ 12,615,881
Gross Unrealized Gain 37,796 73,119
Fair Value $ 12,689,000 $ 12,689,000
v3.26.1
Marketable Securities - Maturities of Marketable Securities (Details) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Held-to-maturity securities:    
Due in one year or less $ 11,680,204 $ 10,618,881
Due in 12 – 24 months 971,000 1,997,000
Held-to-maturity securities $ 12,651,204 $ 12,615,881
v3.26.1
Net Income per Share (Details) - shares
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Stock Options [Member]    
Net Income per Share [Abstract]    
Antidilutive securities excluded from computation of earnings per share (in Shares) 604,300 611,850
v3.26.1
Net Income per Share - Net Income per Share (Details) - shares
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net Income per Share [Abstract]    
Weighted average common shares outstanding – basic (in Shares) 10,767,501 10,722,401
Potential shares exercisable under stock option plans (in Shares) 268,301 341,950
Less: Shares which could be repurchased under treasury stock method (in Shares) (188,665) (232,372)
Weighted average common shares outstanding – diluted (in Shares) 10,847,137 10,831,979
v3.26.1
Segment Reporting (Details)
 3 Months Ended
Mar. 31, 2026
Segment
Segment Reporting [Abstract]  
Number of operating segments 1
Number of reportable segments 1
v3.26.1
Segment Reporting - Segment Financial Information of Reportable Segments (Details) - Reportable Segments [Member] - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting [Abstract]    
Segment operating revenues $ 4,986,878 $ 4,871,412
Data and product costs    
Employee expenses 1,700,701 1,498,114
Data feed expenses 522,623 534,901
Hosting and computer services expenses 150,198 58,714
Other data and product costs 147,383 191,645
Data and product costs subtotal 2,520,905 2,283,374
Selling, general and administrative expenses    
Employee expenses 1,868,786 1,914,112
Professional fee expenses 331,945 103,106
Marketing expenses 168,954 208,791
Occupancy expenses [1] 10,183 110,344
Other general and administrative expenses 126,012 140,598
Selling, general and administrative expenses subtotal 2,505,880 2,476,951
Other significant segment items    
Depreciation and amortization 53,820 85,720
Other (income), net (169,803) (180,833)
Provision for income taxes 17,764 47,138
Net income $ 58,312 $ 159,062
[1] Prior to the expiration of the Company’s leased office space on July 31, 2025, occupancy expenses included rent, utilities, repairs, and office supplies. Post expiration, occupancy expenses included the rental of virtual office space for company meetings.