10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0000939802-13-000072`
Period End Date	20130331
Filing Date	20130514
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	capc-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 30 Cash Flow Statement 56

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Series A, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Series A, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Series A, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$411.26K	USD	Point-in-time
Preferred Stock, Series A, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$242.56K	USD	Point-in-time
Preferred Stock, Series A, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Series A, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$676.62K	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$2.67M	USD	Point-in-time
Inventory	`InventoryNet`	$497.27K	USD	Point-in-time
Preferred Stock, Series B-1, shares par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$584.37K	USD	Point-in-time
Preferred Stock, Series B-1, shares par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$376.96K	USD	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$351.00K	USD	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.02M	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
Total Current Assets	`AssetsCurrent`	$1.79M	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
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$66.45K	USD	Point-in-time
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	Point-in-time
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$66.45K	USD	Point-in-time
Preferred Stock, Series C, shares issued	`PreferredStockSeriesCSharesIssued`	1,000.00	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$654.40K	USD	Point-in-time
Preferred Stock, Series C, shares issued	`PreferredStockSeriesCSharesIssued`	1,000.00	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$659.93K	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
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-597.04K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-612.03K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$120.02K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	657.76M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$129.47K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	655.89M	shares	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$31.22K	USD	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$27.28K	USD	Point-in-time
Investment (AC Kinetics)	`LongTermInvestments`	-	USD	Point-in-time
Investment (AC Kinetics)	`LongTermInvestments`	$500.00K	USD	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$2.47M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$1.96M	USD	Point-in-time
Total Assets	`Assets`	$4.38M	USD	Point-in-time
Total Assets	`Assets`	$6.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$276.02K	USD	Point-in-time
Note payable - Sterling Factors	`NotePayableSterlingFactors`	$402.68K	USD	Point-in-time
Note payable - Sterling Factors	`NotePayableSterlingFactors`	$1.25M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$602.15K	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.61M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.96M	USD	Point-in-time
Notes and loans payable to related parties - Long Term	`NotesPayableRelatedPartiesNoncurrent`	$2.02M	USD	Point-in-time
Notes and loans payable to related parties - Long Term	`NotesPayableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.98M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.61M	USD	Point-in-time
Commitments and Contingent Liablities (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liablities (Note 5)	`CommitmentsAndContingencies`	-	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-1, par value $.0001 per share, authorized 50,000,000 shares, issued -0- shares	`PreferredStockSeriesB1ParValue0001PerShareAuthorized50000000SharesIssued0Shares1`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 50,000,000 shares, issued -0- shares	`PreferredStockSeriesB1ParValue0001PerShareAuthorized50000000SharesIssued0Shares1`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued 1,000 shares	`PreferredStockSeriesCParValue100PerShareAuthorized1000SharesIssued1000Shares`	$1.00K	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued 1,000 shares	`PreferredStockSeriesCParValue100PerShareAuthorized1000SharesIssued1000Shares`	$1.00K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, 657,760,532 and 655,885,532 shares issued at March 31, 2013 and December 31, 2012	`CommonStockValue`	$65.78K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, 657,760,532 and 655,885,532 shares issued at March 31, 2013 and December 31, 2012	`CommonStockValue`	$65.59K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.08M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.13M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$766.41K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.38M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$338.67K	USD	1 Quarter
Revenues	`Revenues`	$659.79K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-465.95K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-230.79K	USD	1 Quarter
Gross Profit	`GrossProfit`	$107.88K	USD	1 Quarter
Gross Profit	`GrossProfit`	$193.84K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$49.19K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$57.31K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$220.08K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$230.09K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$47.32K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$91.72K	USD	1 Quarter
Product Development	`ResearchAndDevelopmentExpense`	$27.10K	USD	1 Quarter
Product Development	`ResearchAndDevelopmentExpense`	$23.62K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$80.44K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$103.37K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$424.13K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$506.12K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-312.28K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-316.24K	USD	1 Quarter
Interest expense	`InterestExpense`	$-31.93K	USD	1 Quarter
Interest expense	`InterestExpense`	$-73.70K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-31.93K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-73.70K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-385.98K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-348.18K	USD	1 Quarter
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageSharesOutstanding`	656.72M	shares	1 Quarter
Weighted Average Shares Outstanding	`WeightedAverageSharesOutstanding`	649.51M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-348.18K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-385.98K	USD	1 Quarter
Stock issued for expenses	`StockIssuedForExpenses`	$14.06K	USD	1 Quarter
Stock issued for expenses	`StockIssuedForExpenses`	-	USD	1 Quarter
Depreciation and Amortization	`DepreciationAndAmortization2`	$-68.00K	USD	Point-in-time
Depreciation and Amortization	`DepreciationAndAmortization2`	$21.15K	USD	Point-in-time
Depreciation and Amortization	`DepreciationAndAmortization2`	$-60.00K	USD	Point-in-time
Depreciation and Amortization	`DepreciationAndAmortization2`	$12.17K	USD	Point-in-time
Compensation expense from stock options	`StockOptionPlanExpense`	$8.25K	USD	1 Quarter
Compensation expense from stock options	`StockOptionPlanExpense`	$10.12K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.00M	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.33M	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-602.62K	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$87.10K	USD	1 Quarter
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-25.95K	USD	1 Quarter
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$77.48K	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-10.11K	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-5.57K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.28K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-838.14K	USD	1 Quarter
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$20.13K	USD	1 Quarter
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$27.36K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$455.17K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$889.31K	USD	1 Quarter
Investment,	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Investment,	`PaymentsToAcquireInvestments`	$-500.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-5.53K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.40K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.40K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-505.53K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.11M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.69M	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-1.53M	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-2.54M	USD	1 Quarter
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$865.00K	USD	1 Quarter
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-575.00K	USD	1 Quarter
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-417.39K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-552.48K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$35.38K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-168.70K	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$164.61K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$242.56K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$199.99K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$411.26K	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`	$242.56K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$199.99K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$411.26K	USD	Point-in-time
Interest	`InterestPaid`	$4.57K	USD	1 Quarter
Interest	`InterestPaid`	$2.98K	USD	1 Quarter
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:	`SUPPLEMENTALDISCLOSUREOFNONCASHINVESTINGANDFINANCINGACTIVITIES`	-	USD	1 Quarter
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:	`SUPPLEMENTALDISCLOSUREOFNONCASHINVESTINGANDFINANCINGACTIVITIES`	-	USD	1 Quarter

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