10-K Filing

CAPSTONE COMPANIES, INC. CIK: 814926 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0000939802-14-000023`
Period End Date	20131231
Filing Date	20140327
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	capc-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 30 Cash Flow Statement 48

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Series A, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	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
Cash	`Cash`	$411.26K	USD	Point-in-time
Preferred Stock, Series A, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$436.59K	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$2.67M	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$6.93M	USD	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Inventory,	`InventoryNet`	$298.10K	USD	Point-in-time
Preferred Stock, Series B-1, shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Inventory,	`InventoryNet`	$584.37K	USD	Point-in-time
Preferred Stock, Series B-1, shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$351.00K	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$1.08M	USD	Point-in-time
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$8.74M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.02M	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
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOtherNet`	$66.45K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	657.76M	shares	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOtherNet`	$66.45K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	655.89M	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$654.40K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$667.10K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-661.21K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-597.04K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$129.47K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$78.00K	USD	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$27.28K	USD	Point-in-time
Product development costs - net	`IntangibleAssetsNetExcludingGoodwill`	$19.66K	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`	$2.46M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$1.96M	USD	Point-in-time
Total Assets	`Assets`	$6.11M	USD	Point-in-time
Total Assets	`Assets`	$11.28M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.93M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.11M	USD	Point-in-time
Note payable - Sterling Factors	`NotePayableSterlingFactors`	$4.24M	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`	$3.22M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$602.15K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$9.39M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.96M	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`	$2.02M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.98M	USD	Point-in-time
Total Liabilities	`Liabilities`	$9.39M	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 & 655,885,532 shares issued at December 31, 2013 & 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 & 655,885,532 shares issued at December 31, 2013 & December 31, 2012	`CommonStockValue`	$65.59K	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`	$-5.35M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.13M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.89M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$11.28M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$8.36M	USD	Annual
Revenues	`Revenues`	$14.59M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$-10.98M	USD	Annual
Cost of Sales	`CostOfGoodsSold`	$-6.57M	USD	Annual
Gross Profit	`GrossProfit`	$3.61M	USD	Annual
Gross Profit	`GrossProfit`	$1.79M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$364.26K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$489.79K	USD	Annual
Compensation	`SalariesWagesAndOfficersCompensation`	$900.63K	USD	Annual
Compensation	`SalariesWagesAndOfficersCompensation`	$972.92K	USD	Annual
Professional fees	`ProfessionalFees`	$269.33K	USD	Annual
Professional fees	`ProfessionalFees`	$326.08K	USD	Annual
Product Development	`ResearchAndDevelopmentExpense`	$225.75K	USD	Annual
Product Development	`ResearchAndDevelopmentExpense`	$227.09K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$479.30K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$359.80K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$2.12M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$2.49M	USD	Annual
Net Operating Income (Loss)	`OperatingIncomeLoss`	$1.12M	USD	Annual
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-333.06K	USD	Annual
Interest expense	`InterestExpense`	$-274.13K	USD	Annual
Interest expense	`InterestExpense`	$-389.49K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-389.49K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-274.13K	USD	Annual
Net Income (Loss)	`ProfitLoss`	$727.13K	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-607.18K	USD	Annual
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	650.72M	shares	Annual
Weighted Average Shares Outstanding Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	657.50M	shares	Annual
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	810.67M	shares	Annual
Weighted Average Shares Outstanding Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	813.45M	shares	Annual

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$727.13K	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-607.18K	USD	Annual
Stock issued for expenses	`StockIssuedForExpenses`	$14.06K	USD	Annual
Stock issued for expenses	`StockIssuedForExpenses`	$59.96K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$71.15K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$95.76K	USD	Annual
Compensation expense from stock options	`StockOptionPlanExpense`	$20.25K	USD	Annual
Compensation expense from stock options	`StockOptionPlanExpense`	$36.75K	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.25M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.20M	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$286.27K	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-525.65K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$66.74K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-731.78K	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-33.96K	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-23.97K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$587.23K	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$817.36K	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$104.64K	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$144.22K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.94M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.40M	USD	Annual
Investment	`PaymentsToAcquireInvestments`	$-500.00K	USD	Annual
Investment	`PaymentsToAcquireInvestments`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-512.70K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-109.88K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$12.74M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$7.57M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-9.75M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-6.76M	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$4.54M	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$3.04M	USD	Annual
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-4.05M	USD	Annual
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-2.09M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.75M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.48M	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$246.65K	USD	Annual
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.33K	USD	Annual
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$164.61K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$436.59K	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`	$436.59K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$411.26K	USD	Point-in-time
Interest	`InterestPaid`	$71.80K	USD	Annual
Interest	`InterestPaid`	$284.84K	USD	Annual
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	Annual

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