CREDITRISKMONITOR COM INC, 10-Q filed on 12 Nov 26
 | XBRL Documents
v3.26.3
Document And Entity Information - shares
 9 Months Ended
Sep. 30, 2026
Nov. 12, 2026
Document Information Line Items    
Entity Central Index Key 0000315958  
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 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   10,767,498
Amendment Flag false  
Document Fiscal Period Focus Q3  
Current Fiscal Year End Date --12-31  
v3.26.3
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 8,650,162 $ 6,248,223
Held-to-maturity securities 6,448,602 10,618,881
Accounts receivable, net of allowance for credit losses of $30,000 at September 30, 2026 and December 31, 2025 2,949,568 3,786,681
Other current assets 1,130,686 1,131,686
Total current assets 19,179,018 21,785,471
Held-to-maturity securities 3,000,000 1,997,000
Property and equipment, net 346,943 415,859
Operating lease right-of-use asset, net 60,635 84,525
Goodwill 1,954,460 1,954,460
Deferred tax assets, net 58,709 58,709
Total assets 24,599,765 26,296,024
Current liabilities:    
Unexpired subscription revenue 10,862,749 10,933,761
Accounts payable 491,628 169,988
Operating lease liability 30,875 29,364
Accrued expenses 3,056,076 4,067,617
Total current liabilities 14,441,328 15,200,730
Unexpired subscription revenue, less current portion 221,222 178,936
Operating lease liability, less current portion 29,760 55,161
Total liabilities 14,692,310 15,434,827
Commitments and contingencies
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 10,767,498 and 10,767,501 shares, respectively 107,675 107,675
Additional paid-in capital 30,398,043 30,300,696
Accumulated deficit (20,598,263) (19,547,174)
Total stockholders’ equity 9,907,455 10,861,197
Total liabilities and stockholders’ equity $ 24,599,765 $ 26,296,024
v3.26.3
CONDENSED BALANCE SHEETS (Parentheticals) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
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) 10,767,498 10,767,501
Common stock, outstanding (in Shares) 10,767,498 10,767,501
v3.26.3
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
CONDENSED STATEMENTS OF OPERATIONS [Abstract]        
Operating revenues $ 5,122,018 $ 5,094,736 $ 15,275,070 $ 15,025,690
Operating expenses:        
Data and product costs 2,827,461 2,191,789 8,081,909 6,669,223
Selling, general and administrative expenses 3,142,664 2,808,281 8,815,097 8,178,708
Depreciation and amortization 44,021 78,336 149,623 281,100
Total operating expenses 6,014,146 5,078,406 17,046,629 15,129,031
(Loss) income from operations (892,128) 16,330 (1,771,559) (103,341)
Other income, net 120,921 164,256 400,629 475,921
(Loss) income before income taxes (771,207) 180,586 (1,370,930) 372,580
Benefit (provision) for income taxes 247,230 (55,317) 319,841 (119,679)
Net (loss) income $ (523,977) $ 125,269 $ (1,051,089) $ 252,901
Net (loss) income per share - Basic (in Dollars per share) $ (0.05) $ 0.01 $ (0.1) $ 0.02
Net (loss) income per share - diluted (in Dollars per share) $ (0.05) $ 0.01 $ (0.1) $ 0.02
Weighted average number of common shares outstanding        
Basic (in Shares) 10,767,499 10,767,501 10,767,500 10,767,501
Diluted (in Shares) 10,767,499 10,848,607 10,767,500 10,852,979
v3.26.3
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 $ (20,058,335) $ 10,155,620
Balance (in Shares) at Dec. 31, 2024 10,722,401      
Stock options exercised $ 451 96,484 0 96,935
Stock options exercised (in Shares) 45,100      
Net income (loss) $ 0 0 252,901 252,901
Stock-based compensation 0 73,228 0 73,228
Balance at Sep. 30, 2025 $ 107,675 30,276,443 (19,805,434) 10,578,684
Balance (in Shares) at Sep. 30, 2025 10,767,501      
Balance at Jun. 30, 2025 $ 107,675 30,253,683 (19,930,703) 10,430,655
Balance (in Shares) at Jun. 30, 2025 10,767,501      
Net income (loss) $ 0 0 125,269 125,269
Stock-based compensation 0 22,760 0 22,760
Balance at Sep. 30, 2025 $ 107,675 30,276,443 (19,805,434) 10,578,684
Balance (in Shares) at Sep. 30, 2025 10,767,501      
Balance at Dec. 31, 2025 $ 107,675 30,300,696 (19,547,174) $ 10,861,197
Balance (in Shares) at Dec. 31, 2025 10,767,501     10,767,501
Retirement of common shares $ 0 0 0 $ 0
Retirement of common shares (in Shares) (3)      
Net income (loss) $ 0 0 (1,051,089) (1,051,089)
Stock-based compensation 0 97,347 0 97,347
Balance at Sep. 30, 2026 $ 107,675 30,398,043 (20,598,263) $ 9,907,455
Balance (in Shares) at Sep. 30, 2026 10,767,498     10,767,498
Balance at Jun. 30, 2026 $ 107,675 30,363,313 (20,074,286) $ 10,396,702
Balance (in Shares) at Jun. 30, 2026 10,767,501      
Retirement of common shares $ 0 0 0 0
Retirement of common shares (in Shares) (3)      
Net income (loss) $ 0 0 (523,977) (523,977)
Stock-based compensation 0 34,730 0 34,730
Balance at Sep. 30, 2026 $ 107,675 $ 30,398,043 $ (20,598,263) $ 9,907,455
Balance (in Shares) at Sep. 30, 2026 10,767,498     10,767,498
v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net (loss) income $ (1,051,089) $ 252,901
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Amortization of bond discount (71,242) (131,190)
Depreciation and amortization 149,623 281,100
Stock-based compensation 97,347 73,228
Changes in operating assets and liabilities:    
Accounts receivable, net 837,113 654,353
Other current assets 1,000 29,773
Unexpired subscription revenue (28,726) 20,652
Accounts payable 321,640 (128,092)
Accrued expenses (1,011,541) 532,937
Net cash (used in) provided by operating activities (755,875) 1,585,662
Cash flows from investing activities:    
Proceeds from held-to-maturity securities 6,208,000 2,695,000
Purchase of held-to-maturity securities (2,969,479) (3,918,108)
Purchase of property and equipment (80,707) (215,573)
Net cash provided by (used in) investing activities 3,157,814 (1,438,681)
Cash flows from financing activities:    
Proceeds from exercise of stock options 0 96,935
Net cash provided by financing activities 0 96,935
Net increase in cash and cash equivalents 2,401,939 243,916
Cash and cash equivalents at beginning of period 6,248,223 6,674,473
Cash and cash equivalents at end of period $ 8,650,162 $ 6,918,389
v3.26.3
Overview and Basis of Presentation
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 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/A filed with the SEC on August 19, 2026.
v3.26.3
Recently Issued Accounting Standards
 9 Months Ended
Sep. 30, 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”), to improve 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 within annual reporting periods beginning after December 15, 2027. The Company is currently evaluating the impact of adoption of this pronouncement on its financial statements.
v3.26.3
Revenue Recognition
 9 Months Ended
Sep. 30, 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.
v3.26.3
Stockholders’ Equity
 9 Months Ended
Sep. 30, 2026
Stockholders’ Equity [Abstract]  
Stockholders’ Equity
(4) Stockholders’ Equity
 
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 and nine months ended September 30, 2026 and 2025, respectively, as follows:
 
                  
 

3 Months Ended
September 30,
 

9 Months Ended
September 30,
 
    2026      2025     2026     2025  
                          
Data and product costs
  $ 11,898    $ 6,906   $ 33,234   $ 24,993 
Selling, general and administrative expenses
    22,832      15,854     64,113     48,235 
                          
   $ 34,730    $ 22,760   $ 97,347   $ 73,228 
 
Stock Options
 
There were no stock options exercised during the three and nine months ended September 30, 2026.
 
On April 1, 2025, the Company issued 45,100 shares of common stock upon the exercise of stock options. The stock options had a weighted-average exercise price of $2.15 per share. The Company received cash proceeds totaling $96,935 in connection with the exercise of these stock options. The total intrinsic value of the stock options exercised during the three and nine months ended September 30, 2025 was approximately $20,325.
v3.26.3
Fair Value Measurements
 9 Months Ended
Sep. 30, 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 approximates 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 September 30, 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 September 30, 2026 and December 31, 2025, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.
 
                         
   September 30, 2026  
   Level 1     Level 2     Level 3     Total  
                        
Cash and cash equivalents
  $ 8,650,162   $ -    $ -    $ 8,650,162 
Held-to-maturity securities
    9,448,602       -        -      9,448,602 
   $ 18,098,764   $ -    $ -    $ 18,098,764 
 
                         
 
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 September 30, 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.
v3.26.3
Marketable Securities
 9 Months Ended
Sep. 30, 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 September 30, 2026 and December 31, 2025 was $97,390 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 September 30, 2026 and December 31, 2025, respectively, as follows:
 
                   
 
September 30, 2026  
 

Amortized Cost   
Gross Unrealized Gain
   
Fair Value
 
Held-to-maturity securities
                 
U.S. Treasury securities
 $ 9,448,602   $ 32,398   $ 9,481,000 
 
                   
 
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 September 30, 2026 and December 31, 2025, respectively, are as follows:
 
             
 
 September 30,
2026		 
 December 31,
2025		 
             
Held-to-maturity securities:
           
Due in one year or less
 $ 6,448,602   $ 10,618,881 
Due in 12 – 24 months
   3,000,000     1,997,000 
   $ 9,448,602   $ 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 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. Given all held-to-maturity securities were U.S. Treasury securities, management does not expect to incur any credit losses on its held-to-maturity securities and has determined that no allowance for credit losses exists as of September 30, 2026.
v3.26.3
Net (Loss) Income per Share
 9 Months Ended
Sep. 30, 2026
Net (Loss) Income per Share [Abstract]  
Net (Loss) Income per Share
(7) Net (Loss) Income per Share
 
Basic net (loss) 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
September 30,
   
9 Months Ended
September 30,
  
   
2026
   
2025
   
2026
   
2025
 
                     
Weighted average common shares outstanding – basic
   10,767,499    10,767,501    10,767,500    10,767,501 
Potential shares exercisable under stock option plans
    -     279,348     -     311,033 
Less: Dilutive effect of outstanding stock option awards
    -     (198,242)     -     (225,555) 
Weighted average common shares outstanding – diluted
   10,767,499    10,848,607    10,767,500    10,852,979 
 
For the three and nine months ended September 30, 2026, diluted net loss per share is the same as basic net loss per share because the effect of potential common shares was anti-dilutive due to the net loss reported for the period.
 
For the three and nine months ended September 30, 2025, the computation of diluted net income per share excludes the effects of the assumed exercise of 568,900 and 536,900 stock options, respectively, since their inclusion would be anti-dilutive as their exercise prices were above the average market value.
v3.26.3
Commitments and Contingencies
 9 Months Ended
Sep. 30, 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.
v3.26.3
Segment Reporting
 9 Months Ended
Sep. 30, 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
September 30, 		    9 Months Ended
September 30, 		 
 

2026 

2025 

2026 

2025 
                         
Segment operating revenues
  $ 5,122,018   $ 5,094,736   $ 15,275,070   $ 15,025,690 
                         
Less: Significant segment expenses
                        
Data and product costs
                        
Employee expenses
    1,687,657     1,340,869     5,122,098     4,232,159 
Data feed expenses
    589,430     553,166     1,678,039     1,605,034 
Hosting and computer services expenses
    178,785     100,794     485,699     246,034 
Other data and product costs
    371,589     196,960     796,073     585,996 
Data and product costs subtotal
    2,827,461     2,191,789     8,081,909     6,669,223 
                         
Selling, general and administrative expenses
                        
Employee expenses
    2,042,335     1,983,938     5,769,382     5,830,985 
Professional fee expenses
    647,854     326,141     1,683,528     634,688 
Marketing expenses
    190,889     187,058     560,258     598,912 
Occupancy expenses (1)
    16,091     47,745     41,404     271,783 
Other general and administrative expenses
    245,495     263,399     760,525     842,340 
Selling, general and administrative expenses subtotal
    3,142,664     2,808,281     8,815,097     8,178,708 
                         
Other significant segment items
                        
Depreciation and amortization
    44,021     78,336     149,623     281,100 
Other (income), net
    (120,921)     (164,256)     (400,629)     (475,921) 
(Benefit) provision for income taxes
    (247,230)     55,317     (319,841)     119,679 
                         
Segment net (loss) income
  $ (523,977)   $ 125,269   $ (1,051,089)   $ 252,901 
 
(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.
v3.26.3
Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2026
Trading Arrangements, by Individual [Table]  
Rule 10b5-1 Arrangement Adopted [Flag] false
Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false
v3.26.3
Stockholders’ Equity (Tables)
 9 Months Ended
Sep. 30, 2026
Stockholders’ Equity [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 and nine months ended September 30, 2026 and 2025, respectively, as follows:
 
                  
 

3 Months Ended
September 30,
 

9 Months Ended
September 30,
 
    2026      2025     2026     2025  
                          
Data and product costs
  $ 11,898    $ 6,906   $ 33,234   $ 24,993 
Selling, general and administrative expenses
    22,832      15,854     64,113     48,235 
                          
   $ 34,730    $ 22,760   $ 97,347   $ 73,228 
v3.26.3
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2026 and December 31, 2025, respectively, which are measured at fair value on a recurring basis by level within the fair value hierarchy.
 
                         
   September 30, 2026  
   Level 1     Level 2     Level 3     Total  
                        
Cash and cash equivalents
  $ 8,650,162   $ -    $ -    $ 8,650,162 
Held-to-maturity securities
    9,448,602       -        -      9,448,602 
   $ 18,098,764   $ -    $ -    $ 18,098,764 
 
                         
 
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 
v3.26.3
Marketable Securities (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2026 and December 31, 2025, respectively, as follows:
 
                   
 
September 30, 2026  
 

Amortized Cost   
Gross Unrealized Gain
   
Fair Value
 
Held-to-maturity securities
                 
U.S. Treasury securities
 $ 9,448,602   $ 32,398   $ 9,481,000 
 
                   
 
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 September 30, 2026 and December 31, 2025, respectively, are as follows:
 
             
 
 September 30,
2026		 
 December 31,
2025		 
             
Held-to-maturity securities:
           
Due in one year or less
 $ 6,448,602   $ 10,618,881 
Due in 12 – 24 months
   3,000,000     1,997,000 
   $ 9,448,602   $ 12,615,881 
v3.26.3
Net (Loss) Income per Share (Tables)
 9 Months Ended
Sep. 30, 2026
Net (Loss) Income per Share [Abstract]  
Computation of Basic and Diluted Net (Loss) Income per Share
Basic net (loss) 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
September 30,
   
9 Months Ended
September 30,
  
   
2026
   
2025
   
2026
   
2025
 
                     
Weighted average common shares outstanding – basic
   10,767,499    10,767,501    10,767,500    10,767,501 
Potential shares exercisable under stock option plans
    -     279,348     -     311,033 
Less: Dilutive effect of outstanding stock option awards
    -     (198,242)     -     (225,555) 
Weighted average common shares outstanding – diluted
   10,767,499    10,848,607    10,767,500    10,852,979 
v3.26.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 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
September 30, 		    9 Months Ended
September 30, 		 
 

2026 

2025 

2026 

2025 
                         
Segment operating revenues
  $ 5,122,018   $ 5,094,736   $ 15,275,070   $ 15,025,690 
                         
Less: Significant segment expenses
                        
Data and product costs
                        
Employee expenses
    1,687,657     1,340,869     5,122,098     4,232,159 
Data feed expenses
    589,430     553,166     1,678,039     1,605,034 
Hosting and computer services expenses
    178,785     100,794     485,699     246,034 
Other data and product costs
    371,589     196,960     796,073     585,996 
Data and product costs subtotal
    2,827,461     2,191,789     8,081,909     6,669,223 
                         
Selling, general and administrative expenses
                        
Employee expenses
    2,042,335     1,983,938     5,769,382     5,830,985 
Professional fee expenses
    647,854     326,141     1,683,528     634,688 
Marketing expenses
    190,889     187,058     560,258     598,912 
Occupancy expenses (1)
    16,091     47,745     41,404     271,783 
Other general and administrative expenses
    245,495     263,399     760,525     842,340 
Selling, general and administrative expenses subtotal
    3,142,664     2,808,281     8,815,097     8,178,708 
                         
Other significant segment items
                        
Depreciation and amortization
    44,021     78,336     149,623     281,100 
Other (income), net
    (120,921)     (164,256)     (400,629)     (475,921) 
(Benefit) provision for income taxes
    (247,230)     55,317     (319,841)     119,679 
                         
Segment net (loss) income
  $ (523,977)   $ 125,269   $ (1,051,089)   $ 252,901 
 
(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.
v3.26.3
Stockholders’ Equity (Details) - Stock Options [Member] - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Stockholders’ Equity [Abstract]        
Shares of common stock issued upon exercise of options (in Shares) 0   0 45,100
Exercise price (in Dollars per share)       $ 2.15
Proceeds from exercise of stock options       $ 96,935
Intrinsic value of stock options exercised   $ 20,325   $ 20,325
v3.26.3
Stockholders’ Equity - Stock-based Compensation Expense for Stock Options (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Stockholders’ Equity [Abstract]        
Stock-based compensation expense $ 34,730 $ 22,760 $ 97,347 $ 73,228
Location, Statement of Income, Balance [Axis]: us-gaap:OperatingCostsAndExpenses        
Stockholders’ Equity [Abstract]        
Stock-based compensation expense 11,898 6,906 33,234 24,993
Location, Statement of Income, Balance [Axis]: us-gaap:SellingGeneralAndAdministrativeExpense        
Stockholders’ Equity [Abstract]        
Stock-based compensation expense $ 22,832 $ 15,854 $ 64,113 $ 48,235
v3.26.3
Fair Value Measurements - Cash and Cash Equivalents and Marketable Securities Measured at Fair Value on Recurring Basis (Details) - Recurring [Member] - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Fair Value Measurements [Abstract]    
Cash and cash equivalents $ 8,650,162 $ 6,248,223
Held-to-maturity securities 9,448,602 12,615,881
Fair Value 18,098,764 18,864,104
Level 1 [Member]    
Fair Value Measurements [Abstract]    
Cash and cash equivalents 8,650,162 6,248,223
Held-to-maturity securities 9,448,602 12,615,881
Fair Value 18,098,764 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
v3.26.3
Marketable Securities (Details) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Marketable Securities [Abstract]    
Accrued bond interest receivable $ 97,390 $ 97,024
Allowance for credit losses $ 0  
v3.26.3
Marketable Securities - Cost and Fair Value of Marketable Securities (Details) - U.S. Treasury Securities [Member] - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Marketable Securities [Abstract]    
Amortized Cost $ 9,448,602 $ 12,615,881
Gross Unrealized Gain 32,398 73,119
Fair Value $ 9,481,000 $ 12,689,000
v3.26.3
Marketable Securities - Maturities of Marketable Securities (Details) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Held-to-maturity securities:    
Due in one year or less $ 6,448,602 $ 10,618,881
Due in 12 – 24 months 3,000,000 1,997,000
Held-to-maturity securities $ 9,448,602 $ 12,615,881
v3.26.3
Net (Loss) Income per Share (Details) - shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2025
Stock Options [Member]    
Net (Loss) Income per Share [Abstract]    
Antidilutive securities excluded from computation of earnings per share (in Shares) 568,900 536,900
v3.26.3
Net (Loss) Income per Share - Computation of Basic and Diluted Net (Loss) Income per Share (Details) - shares
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Net (Loss) Income per Share [Abstract]        
Weighted average common shares outstanding – basic (in Shares) 10,767,499 10,767,501 10,767,500 10,767,501
Potential shares exercisable under stock option plans (in Shares) 0 279,348 0 311,033
Less: Dilutive effect of outstanding stock option awards (in Shares) 0 (198,242) 0 (225,555)
Weighted average common shares outstanding – diluted (in Shares) 10,767,499 10,848,607 10,767,500 10,852,979
v3.26.3
Segment Reporting (Details)
 9 Months Ended
Sep. 30, 2026
Segment
Segment Reporting [Abstract]  
Number of operating segments 1
Number of reportable segments 1
v3.26.3
Segment Reporting - Segment Financial Information of Reportable Segments (Details) - Operating Segment [Member] - Single Reportable Segment [Member] - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Abstract]        
Segment operating revenues $ 5,122,018 $ 5,094,736 $ 15,275,070 $ 15,025,690
Data and product costs        
Employee expenses 1,687,657 1,340,869 5,122,098 4,232,159
Data feed expenses 589,430 553,166 1,678,039 1,605,034
Hosting and computer services expenses 178,785 100,794 485,699 246,034
Other data and product costs 371,589 196,960 796,073 585,996
Data and product costs subtotal 2,827,461 2,191,789 8,081,909 6,669,223
Selling, general and administrative expenses        
Employee expenses 2,042,335 1,983,938 5,769,382 5,830,985
Professional fee expenses 647,854 326,141 1,683,528 634,688
Marketing expenses 190,889 187,058 560,258 598,912
Occupancy expenses [1] 16,091 47,745 41,404 271,783
Other general and administrative expenses 245,495 263,399 760,525 842,340
Selling, general and administrative expenses subtotal 3,142,664 2,808,281 8,815,097 8,178,708
Other significant segment items        
Depreciation and amortization 44,021 78,336 149,623 281,100
Other (income), net (120,921) (164,256) (400,629) (475,921)
(Benefit) provision for income taxes (247,230) 55,317 (319,841) 119,679
Net (loss) income $ (523,977) $ 125,269 $ (1,051,089) $ 252,901
[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.