10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0000939802-12-000185`
Period End Date	20120630
Filing Date	20120814
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	capc-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 68 Cash Flow Statement 50

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Series A, par value	`PreferredStockSeriesAParValue`	$0.00	USD	Point-in-time
Preferred Stock, Series A, par value	`PreferredStockSeriesAParValue`	$0.00	USD	Point-in-time
Preferred Stock, Series A authorized shares	`PreferredStockSeriesAAuthorizedShares`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$226.08K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$115.24K	USD	Point-in-time
Preferred Stock, Series A authorized shares	`PreferredStockSeriesAAuthorizedShares`	100.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$164.61K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$250.83K	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$770.83K	USD	Point-in-time
Preferred Stock, Series A shares issued	`PreferredStockSeriesASharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Series A shares issued	`PreferredStockSeriesASharesIssued`	0.00	shares	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$1.48M	USD	Point-in-time
Inventory	`InventoryGross`	$576.37K	USD	Point-in-time
Inventory	`InventoryGross`	$58.72K	USD	Point-in-time
Preferred Stock, Series B, par value	`PreferredStockSeriesBParValue`	$0.10	USD	Point-in-time
Preferred Stock, Series B, par value	`PreferredStockSeriesBParValue`	$0.10	USD	Point-in-time
Preferred Stock, Series B authorized shares	`PreferredStockSeriesBAuthorizedShares`	100.00M	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$417.74K	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$1.17M	USD	Point-in-time
Preferred Stock, Series B authorized shares	`PreferredStockSeriesBAuthorizedShares`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.12M	USD	Point-in-time
Preferred Stock, Series B shares issued	`PreferredStockSeriesBSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Series B shares issued	`PreferredStockSeriesBSharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.74M	USD	Point-in-time
Preferred Stock, Series B-1, par value	`PreferredStockSeriesB1ParValue`	$0.00	USD	Point-in-time
Preferred Stock, Series B-1, par value	`PreferredStockSeriesB1ParValue`	$0.00	USD	Point-in-time
Preferred Stock, Series B-1 authorized shares	`PreferredStockSeriesB1AuthorizedShares`	50.00M	shares	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOther`	$64.05K	USD	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOther`	$66.45K	USD	Point-in-time
Preferred Stock, Series B-1 authorized shares	`PreferredStockSeriesB1AuthorizedShares`	50.00M	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$546.92K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$546.92K	USD	Point-in-time
Preferred Stock, Series B-1 shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Series B-1 shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Preferred Stock, Series C, par value	`PreferredStockSeriesCParValue`	$1.00	USD	Point-in-time
Preferred Stock, Series C, par value	`PreferredStockSeriesCParValue`	$1.00	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-546.19K	USD	Point-in-time
Preferred Stock, Series C authorized shares	`PreferredStockSeriesCAuthorizedShares`	1,000.00	shares	Point-in-time
Preferred Stock, Series C authorized shares	`PreferredStockSeriesCAuthorizedShares`	1,000.00	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-563.65K	USD	Point-in-time
Total Fixed Assets	`PropertyPlantAndEquipmentNet`	$55.38K	USD	Point-in-time
Preferred Stock, Series C shares issued	`PreferredStockSeriesCSharesIssued`	1,000.00	shares	Point-in-time
Preferred Stock, Series C shares issued	`PreferredStockSeriesCSharesIssued`	1,000.00	shares	Point-in-time
Total Fixed Assets	`PropertyPlantAndEquipmentNet`	$70.44K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$13.62K	USD	Point-in-time
Common Stock authorized shares	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Common Stock authorized shares	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$19.61K	USD	Point-in-time
Common Stock shares issued	`CommonStockSharesIssued`	649.51M	shares	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Common Stock shares issued	`CommonStockSharesIssued`	649.51M	shares	Point-in-time
Total Other Non-current Assets	`AssetsNoncurrent`	$1.96M	USD	Point-in-time
Total Other Non-current Assets	`AssetsNoncurrent`	$1.95M	USD	Point-in-time
Total Assets	`Assets`	$4.75M	USD	Point-in-time
Total Assets	`Assets`	$4.14M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$526.94K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$456.42K	USD	Point-in-time
Note payable - Sterling National Bank	`NotesPayableCurrent`	$180.32K	USD	Point-in-time
Note payable - Sterling National Bank	`NotesPayableCurrent`	$441.61K	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$3.17M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.80M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$968.54K	USD	Point-in-time
Notes and loans payable to related parties - Long Term	`NotesPayableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Notes and loans payable to related parties - Long Term	`NotesPayableRelatedPartiesNoncurrent`	$1.53M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.80M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.50M	USD	Point-in-time
Preferred Stock, Series A, par value $.001 per share, authorized 100,000,000 shares, issued -0- shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Series A, par value $.001 per share, authorized 100,000,000 shares, issued -0- shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Series B, par value $.10 per share, authorized 100,000,000 shares, issued -0- shares	`PreferredStockSeriesBValue`	-	USD	Point-in-time
Preferred Stock, Series B, par value $.10 per share, authorized 100,000,000 shares, issued -0- shares	`PreferredStockSeriesBValue`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 50,000,000 shares, issued -0- shares	`PreferredStockSeriesB1Value`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 50,000,000 shares, issued -0- shares	`PreferredStockSeriesB1Value`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued 1,000 shares	`PreferredStockSeriesCValue`	$1.00K	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued 1,000 shares	`PreferredStockSeriesCValue`	$1.00K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, 649,510,532 shares issued at June 30th, 2012 and December 31, 2011	`CommonStockValue`	$64.95K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, 649,510,532 shares issued at June 30th, 2012 and December 31, 2011	`CommonStockValue`	$64.95K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.04M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.06M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.47M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$946.42K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.64M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.14M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.75M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.47M	USD	2 Qtrs
Revenues	`Revenues`	$1.19M	USD	2 Qtrs
Revenues	`Revenues`	$1.05M	USD	1 Quarter
Revenues	`Revenues`	$848.99K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-2.57M	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	$-738.90K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-661.87K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-892.66K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$309.30K	USD	1 Quarter
Gross Profit	`GrossProfit`	$187.12K	USD	1 Quarter
Gross Profit	`GrossProfit`	$295.00K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$900.55K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$119.77K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$72.61K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$70.59K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$19.84K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$376.74K	USD	2 Qtrs
Compensation	`SalariesWagesAndOfficersCompensation`	$191.81K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$224.42K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$444.50K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$6.49K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$53.55K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$44.23K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$100.88K	USD	2 Qtrs
Product Development	`ResearchAndDevelopmentExpense`	$64.78K	USD	1 Quarter
Product Development	`ResearchAndDevelopmentExpense`	$91.88K	USD	2 Qtrs
Product Development	`ResearchAndDevelopmentExpense`	$82.76K	USD	2 Qtrs
Product Development	`ResearchAndDevelopmentExpense`	$30.67K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$74.14K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$77.30K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$155.03K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$157.73K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$322.95K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$490.64K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$731.37K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$914.76K	USD	2 Qtrs
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-13.64K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-303.52K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$169.18K	USD	2 Qtrs
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-619.76K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-88.99K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-78.76K	USD	1 Quarter
Interest expense	`InterestExpense`	$-154.47K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-57.06K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-78.76K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-154.47K	USD	2 Qtrs
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-57.06K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-88.99K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-708.75K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$14.71K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-360.58K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-92.41K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	2 Qtrs
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	2 Qtrs
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	1 Quarter
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	1 Quarter
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	804.96M	shares	1 Quarter
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	804.96M	shares	2 Qtrs
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	802.28M	shares	2 Qtrs
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	802.28M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss).	`ProfitLoss`	$-708.75K	USD	2 Qtrs
Net Income (Loss).	`ProfitLoss`	$14.71K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$35.58K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$25.81K	USD	2 Qtrs
Compensation expense from stock options	`StockOptionPlanExpense`	$33.22K	USD	2 Qtrs
Compensation expense from stock options	`StockOptionPlanExpense`	$16.50K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$470.71K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$706.45K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$195.94K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-517.66K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-662.18K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-757.76K	USD	2 Qtrs
(Increase) decrease in deposits	`IncreaseDecreaseInDeposits`	-	USD	2 Qtrs
(Increase) decrease in deposits	`IncreaseDecreaseInDeposits`	-	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$3.09K	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-4.35K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$107.07K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-70.52K	USD	2 Qtrs
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$57.87K	USD	2 Qtrs
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$82.43K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.23M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$256.01K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.40K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-9.36K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.36K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.40K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.40M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.54M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-3.09M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-1.80M	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$1.55M	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$2.11M	USD	2 Qtrs
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-1.53M	USD	2 Qtrs
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.29M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-111.06K	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$61.47K	USD	2 Qtrs
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$135.59K	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$226.08K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$115.24K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$164.61K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$250.83K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$226.08K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$115.24K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$164.61K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$250.83K	USD	Point-in-time
Interest	`InterestPaid`	$71.06K	USD	2 Qtrs
Interest	`InterestPaid`	$6.56K	USD	2 Qtrs
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.