10-K Filing

CAPSTONE COMPANIES, INC. CIK: 814926 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0000939802-16-000098`
Period End Date	20151231
Filing Date	20160323
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	capc-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 38 Cash Flow Statement 54

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`	$364.71K	USD	Point-in-time
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
Cash	`Cash`	$313.86K	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	`AccountsReceivableNet`	$5.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$977.60K	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
Preferred Stock Series B-1 Par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Advances	`AdvancesToAffiliate`	-	USD	Point-in-time
Preferred Stock Series B-1 shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Inventory	`InventoryNet`	$205.71K	USD	Point-in-time
Preferred Stock Series B-1 shares authorized	`PreferredStockSeriesB1SharesAuthorized`	50.00M	shares	Point-in-time
Inventory	`InventoryNet`	$128.98K	USD	Point-in-time
Preferred Stock Series B-1, shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$358.05K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$566.46K	USD	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
Total Current Assets	`AssetsCurrent`	$1.79M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.21M	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`	$12.27K	USD	Point-in-time
Preferred Stock Series C, shares issued	`PreferredStockSeriesCSharesIssued`	0.00	shares	Point-in-time
Preferred Stock Series C, shares issued	`PreferredStockSeriesCSharesIssued`	0.00	shares	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$19.77K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$380.63K	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$299.69K	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`	$223.59K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	654.01M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$295.18K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	721.99M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$110.89K	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`	$8.77M	USD	Point-in-time
Total Assets	`Assets`	$4.34M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$644.63K	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	$7.50K	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	-	USD	Point-in-time
Note payable - Sterling Factors	`NotesPayableCurrent`	$286.94K	USD	Point-in-time
Note payable - Sterling Factors	`NotesPayableCurrent`	$2.28M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.06M	USD	Point-in-time
Notes and loans payable to related parties - current maturities	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.87M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.51M	USD	Point-in-time
Commitments and Contingent Liabilities (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingent Liabilities (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	`PreferredStockSharesSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 50,000,000 shares, issued -0- shares	`PreferredStockSharesSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued -0- shares at December 31, 2015 and 1,000 shares at December 31, 2014	`PreferredStockSharesSubscribedButUnissuedValue`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 1,000 shares, issued -0- shares at December 31, 2015 and 1,000 shares at December 31, 2014	`PreferredStockSharesSubscribedButUnissuedValue`	$1.00K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, issued 721,989,957 shares at December 31, 2015 and 654,010,532 at December 31, 2014	`CommonStockValue`	$65.40K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 850,000,000 shares, issued 721,989,957 shares at December 31, 2015 and 654,010,532 at December 31, 2014	`CommonStockValue`	$72.20K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.19M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.79M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.26M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.47M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$4.34M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.77M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$13.62M	USD	Annual
Revenues, net	`Revenues`	$15.92M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$12.10M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$10.84M	USD	Annual
Gross Profit	`GrossProfit`	$2.78M	USD	Annual
Gross Profit	`GrossProfit`	$3.82M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$315.57K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$314.01K	USD	Annual
Compensation	`SalariesAndWages`	$1.33M	USD	Annual
Compensation	`SalariesAndWages`	$1.41M	USD	Annual
Professional fees	`ProfessionalFees`	$269.72K	USD	Annual
Professional fees	`ProfessionalFees`	$189.73K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$374.25K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$294.64K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$604.82K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$587.86K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$2.80M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$2.89M	USD	Annual
Net Operating Income (Loss)	`OperatingIncomeLoss`	$1.02M	USD	Annual
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-109.37K	USD	Annual
Interest expense	`InterestExpense`	$317.46K	USD	Annual
Interest expense	`InterestExpense`	$327.96K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-317.46K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-327.96K	USD	Annual
Income (Loss) Before Tax Provision	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$706.90K	USD	Annual
Income (Loss) Before Tax Provision	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$-437.33K	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$7.50K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$699.40K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-437.33K	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	Annual
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	-	USD	Annual
Basic	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	654.52M	shares	Annual
Basic	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	698.71M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	700.74M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	654.52M	shares	Annual

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$699.40K	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-437.33K	USD	Annual
Stock cancellation	`EstimateOfCancellations`	-	USD	Annual
Stock cancellation	`EstimateOfCancellations`	$-28.88K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$81.22K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$71.59K	USD	Annual
Compensation expense from stock options	`StockOptionPlanExpense`	$95.47K	USD	Annual
Compensation expense from stock options	`StockOptionPlanExpense`	$43.50K	USD	Annual
Accrued sales allowance	`SalesAllowancesGoods`	$155.35K	USD	Annual
Accrued sales allowance	`SalesAllowancesGoods`	$476.31K	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.79M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.58M	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-76.72K	USD	Annual
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$169.12K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-208.42K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$724.74K	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-14.46K	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.46K	USD	Annual
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.53M	USD	Annual
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.29M	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$-63.40K	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$127.36K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.14M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.85M	USD	Annual
Deposits	`PaymentsForDeposits`	-	USD	Annual
Deposits	`PaymentsForDeposits`	$-12.19K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.60K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.43K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-88.43K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-89.79K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$14.70M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$13.38M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$11.39M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$18.65M	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$3.20M	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$950.00K	USD	Annual
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$2.17M	USD	Annual
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$3.20M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.99M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.17M	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-122.74K	USD	Annual
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.86K	USD	Annual
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$436.59K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$364.71K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	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`	$364.71K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	USD	Point-in-time
Interest	`InterestPaid`	$391.31K	USD	Annual
Interest	`InterestPaid`	$190.11K	USD	Annual
Franchise and income taxes	`IncomeTaxesPaidNet`	-	USD	Annual
Franchise and income taxes	`IncomeTaxesPaidNet`	$8.52K	USD	Annual
Conversion of Series C Preferred Stock to Common Stock	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	Annual
Conversion of Series C Preferred Stock to Common Stock	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.00K	USD	Annual

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