10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0000939802-15-000031`
Period End Date	20150331
Filing Date	20150515
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	capc-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 37 Cash Flow Statement 47

Balance Sheet 79 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`	$313.86K	USD	Point-in-time
Preferred Stock Series A shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$147.87K	USD	Point-in-time
Preferred Stock Series A shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$977.60K	USD	Point-in-time
Accounts receivable - net	`AccountsReceivableNetCurrent`	$417.59K	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
Preferred Stock Series B-1 Par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Preferred Stock Series B-1 Par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Advances	`AdvancesToAffiliate`	$14.46K	USD	Point-in-time
Due from Sterling Factors	`DueToRelatedPartiesCurrent`	$355.05K	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`	$186.46K	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
Inventory	`InventoryNet`	$128.98K	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
Prepaid expense	`PrepaidExpenseCurrent`	$370.12K	USD	Point-in-time
Prepaid expense	`PrepaidExpenseCurrent`	$358.05K	USD	Point-in-time
Preferred Stock Series C shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.48M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.79M	USD	Point-in-time
Preferred Stock Series C shares authorized	`PreferredStockSeriesCSharesAuthorized`	1,000.00	shares	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, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOtherNet`	$12.27K	USD	Point-in-time
Computer equipment & software	`PropertyPlantAndEquipmentOtherNet`	$14.56K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$299.69K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$299.69K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	850.00M	shares	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	654.01M	shares	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$5.67K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	654.01M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-236.28K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-223.59K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$83.64K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$94.04K	USD	Point-in-time
Deposit	`Deposits`	$12.19K	USD	Point-in-time
Deposit	`Deposits`	$12.19K	USD	Point-in-time
Investment (AC Kinetics)	`LongTermInvestments`	$500.00K	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`	$2.45M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$2.45M	USD	Point-in-time
Total Assets	`Assets`	$4.34M	USD	Point-in-time
Total Assets	`Assets`	$4.01M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$731.97K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$644.63K	USD	Point-in-time
Note payable - Sterling Factors	`NotePayableSterlingFactors`	$286.94K	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.94M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.17M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.87M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.90M	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 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, issued 654,010,532 shares	`CommonStockValue`	$65.40K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, issued 654,010,532 shares	`CommonStockValue`	$65.40K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.79M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.18M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.47M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.11M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.34M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.01M	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$3.96M	USD	1 Quarter
Revenues	`Revenues`	$713.52K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$-406.17K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$-2.78M	USD	1 Quarter
Gross Profit	`GrossProfit`	$307.35K	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$174.67K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$36.67K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$295.33K	USD	1 Quarter
Compensation	`SalariesWagesAndOfficersCompensation`	$361.11K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$96.17K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$73.78K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$45.66K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$132.33K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$142.54K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$121.36K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$818.65K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$660.97K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-353.62K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$361.89K	USD	1 Quarter
Interest expense	`InterestExpense`	$-37.16K	USD	1 Quarter
Interest expense	`InterestExpense`	$-101.12K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-37.16K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-101.12K	USD	1 Quarter
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-390.77K	USD	1 Quarter
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$260.76K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-390.77K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$260.76K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesIssuedBasic`	654.01M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesIssuedBasic`	656.09M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	815.19M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	654.01M	shares	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$260.76K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-390.77K	USD	1 Quarter
Stock cancellation	`StockCancellation`	$-28.88K	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$12.69K	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$19.25K	USD	1 Quarter
Compensation expense from stock options	`StockOptionPlanExpense`	$17.67K	USD	1 Quarter
Compensation expense from stock options	`StockOptionPlanExpense`	$29.43K	USD	1 Quarter
Accrued sales allowance	`SalesAllowancesGoods`	$-181.98K	USD	1 Quarter
Accrued sales allowance	`SalesAllowancesGoods`	$257.63K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$747.01K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.72M	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-57.47K	USD	1 Quarter
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-3.73K	USD	1 Quarter
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-12.08K	USD	1 Quarter
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$731.14K	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-33.83K	USD	1 Quarter
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.46K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-839.37K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$82.31K	USD	1 Quarter
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$34.69K	USD	1 Quarter
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$43.24K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.14M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$278.29K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-10.41K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.28K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.28K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.41K	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$4.01M	USD	1 Quarter
Proceeds from notes payable	`ProceedsFromNotesPayable`	$607.28K	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-1.25M	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-6.51M	USD	1 Quarter
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$200.00K	USD	1 Quarter
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-624.08K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.12M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-442.00K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-165.99K	USD	1 Quarter
Net (Decrease) Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$15.29K	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$436.59K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$451.88K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$147.87K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$436.59K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$451.88K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$147.87K	USD	Point-in-time
Interest	`InterestPaid`	$2.46K	USD	1 Quarter
Interest	`InterestPaid`	$57.88K	USD	1 Quarter

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