10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0000939802-13-000127`
Period End Date	20130630
Filing Date	20130813
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	capc-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 60 Cash Flow Statement 50

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
Cash	`Cash`	$628.26K	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
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`	$2.67M	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$1.05M	USD	Point-in-time
Inventory,	`InventoryNet`	$546.71K	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
Preferred Stock, Series B-1, shares par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$965.66K	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
Total Current Assets	`AssetsCurrent`	$3.19M	USD	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
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
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 & software	`PropertyPlantAndEquipmentOtherNet`	$66.45K	USD	Point-in-time
Computer equipment & 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`	$661.60K	USD	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
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	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
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-597.04K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-627.91K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	655.89M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$105.80K	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
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$27.28K	USD	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$36.11K	USD	Point-in-time
Investment (AC Kinetics)	`LongTermInvestments`	$500.00K	USD	Point-in-time
Investment (AC Kinetics)	`LongTermInvestments`	-	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`	$1.96M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$2.47M	USD	Point-in-time
Total Assets	`Assets`	$6.11M	USD	Point-in-time
Total Assets	`Assets`	$5.77M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$516.05K	USD	Point-in-time
Note payable - Sterling Factors	`NotePayableSterlingFactors`	$297.24K	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`	$4.67M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$5.49M	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`	$5.49M	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 June 30, 2013 and December 31, 2012	`CommonStockValue`	$65.59K	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 June 30, 2013 and December 31, 2012	`CommonStockValue`	$65.78K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.17M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.08M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.96M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.13M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$277.79K	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.77M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.69M	USD	2 Qtrs
Revenues	`Revenues`	$1.03M	USD	1 Quarter
Revenues	`Revenues`	$848.99K	USD	1 Quarter
Revenues	`Revenues`	$1.19M	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	$-830.17K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-892.66K	USD	2 Qtrs
Cost of Sales	`CostOfGoodsSold`	$-661.87K	USD	1 Quarter
Cost of Sales	`CostOfGoodsSold`	$-1.30M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$295.00K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$187.12K	USD	1 Quarter
Gross Profit	`GrossProfit`	$390.79K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$196.95K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$70.59K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$119.77K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$109.30K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$166.61K	USD	2 Qtrs
Compensation	`SalariesWagesAndOfficersCompensation`	$224.42K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$444.50K	USD	2 Qtrs
Compensation	`SalariesWagesAndOfficersCompensation`	$468.79K	USD	2 Qtrs
Compensation	`SalariesWagesAndOfficersCompensation`	$238.69K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$113.73K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$100.88K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$205.46K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$53.55K	USD	1 Quarter
Product Development	`ResearchAndDevelopmentExpense`	$84.01K	USD	2 Qtrs
Product Development	`ResearchAndDevelopmentExpense`	$91.88K	USD	2 Qtrs
Product Development	`ResearchAndDevelopmentExpense`	$60.39K	USD	1 Quarter
Product Development	`ResearchAndDevelopmentExpense`	$64.78K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$77.30K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$92.21K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$157.73K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$195.57K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$614.32K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$914.76K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.12M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$490.64K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-619.76K	USD	2 Qtrs
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-417.37K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-303.52K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-729.65K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-155.09K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-81.38K	USD	1 Quarter
Interest expense	`InterestExpense`	$-57.06K	USD	1 Quarter
Interest expense	`InterestExpense`	$-88.99K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-88.99K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-155.09K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-57.06K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-81.38K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-708.75K	USD	2 Qtrs
Net Income (Loss)	`ProfitLoss`	$-498.75K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-884.73K	USD	2 Qtrs
Net Income (Loss)	`ProfitLoss`	$-360.58K	USD	1 Quarter
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Income (Loss) per Common Share	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	657.76M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	649.51M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	657.24M	shares	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-884.73K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-708.75K	USD	2 Qtrs
Stock issued for expenses	`StockIssuedForExpenses`	-	USD	2 Qtrs
Stock issued for expenses	`StockIssuedForExpenses`	$14.06K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$25.81K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$45.41K	USD	2 Qtrs
Compensation expense from stock options	`StockOptionPlanExpense`	$20.25K	USD	2 Qtrs
Compensation expense from stock options	`StockOptionPlanExpense`	$16.50K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$706.45K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.63M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$37.66K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-517.66K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-757.76K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-614.65K	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-23.37K	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-4.35K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-598.11K	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`	$82.43K	USD	2 Qtrs
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$96.33K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-280.88K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.23M	USD	2 Qtrs
Investment.	`PaymentsToAcquireInvestments`	$-500.00K	USD	2 Qtrs
Investment.	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-7.20K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.40K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-507.19K	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.40K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.54M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$2.20M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-1.80M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-3.15M	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$2.53M	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$1.55M	USD	2 Qtrs
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-575.00K	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`	$1.01M	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`	$217.00K	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtBeginningOfPeriod`	$411.26K	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtBeginningOfPeriod`	$164.61K	USD	2 Qtrs
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtEndOfPeriod`	$628.26K	USD	2 Qtrs
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtEndOfPeriod`	$226.08K	USD	2 Qtrs
Interest.	`InterestPaid`	$31.60K	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
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:	`SUPPLEMENTALDISCLOSUREOFNONCASHINVESTINGANDFINANCINGACTIVITIES`	-	USD	2 Qtrs
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:	`SUPPLEMENTALDISCLOSUREOFNONCASHINVESTINGANDFINANCINGACTIVITIES`	-	USD	2 Qtrs

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