10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0000939802-16-000134`
Period End Date	20160630
Filing Date	20160815
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	capc-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 76 Cash Flow Statement 58

Balance Sheet 82 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`	$340.42K	USD	Point-in-time
Preferred Stock, Series A, shares authorized	`PreferredStockSharesAuthorized`	6.67M	shares	Point-in-time
Preferred Stock, Series A, shares authorized	`PreferredStockSharesAuthorized`	6.67M	shares	Point-in-time
Cash	`Cash`	$364.71K	USD	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`	$7.40M	USD	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
Inventory	`InventoryNet`	$205.71K	USD	Point-in-time
Preferred Stock, Series B-1, par value	`PreferredStockSeriesB1SharesParValue`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$619.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$708.46K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$566.46K	USD	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	3.33M	shares	Point-in-time
Preferred Stock, Series B-1, shares authorized	`PreferredStockSeriesB1SharesAuthorized`	3.33M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$9.06M	USD	Point-in-time
Preferred Stock, Series B-1, shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$6.21M	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
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	67.00	shares	Point-in-time
Preferred Stock, Series C, shares authorized	`PreferredStockSeriesCSharesAuthorized`	67.00	shares	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$19.77K	USD	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$19.77K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$385.33K	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`	0.00	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$380.63K	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`	56.67M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$295.18K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	56.67M	shares	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$323.47K	USD	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$87.30K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	48.13M	shares	Point-in-time
Total Fixed Assets	`AssetsNoncurrent`	$110.89K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	48.13M	shares	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`	-	USD	Point-in-time
Note receivable	`NotesReceivableNet`	-	USD	Point-in-time
Note receivable	`NotesReceivableNet`	$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`	$11.60M	USD	Point-in-time
Total Assets	`Assets`	$8.77M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.30M	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	$12.60K	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	$7.50K	USD	Point-in-time
Note payable - Sterling National Bank	`NotesPayableCurrent`	$3.99M	USD	Point-in-time
Note payable - Sterling National Bank	`NotesPayableCurrent`	$2.28M	USD	Point-in-time
Notes and loans payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.06M	USD	Point-in-time
Notes and loans payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.02M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.51M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$8.33M	USD	Point-in-time
Preferred Stock, Series A, par value $.001 per share, authorized 6,666,667 shares, issued -0- shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Series A, par value $.001 per share, authorized 6,666,667 shares, issued -0- shares	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 3,333,333 shares, issued -0- shares	`PreferredStockSharesSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Preferred Stock, Series B-1, par value $.0001 per share, authorized 3,333,333 shares, issued -0- shares	`PreferredStockSharesSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued-0-shares	`PreferredStockSharesSubscribedButUnissuedValue`	-	USD	Point-in-time
Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued-0-shares	`PreferredStockSharesSubscribedButUnissuedValue`	-	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued 48,132,664 shares	`CommonStockValue`	$4.81K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued 48,132,664 shares	`CommonStockValue`	$4.81K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.37M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.26M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$3.27M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.77M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$11.60M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$10.98M	USD	2 Qtrs
Revenues, net	`Revenues`	$289.98K	USD	1 Quarter
Revenues, net	`Revenues`	$1.00M	USD	2 Qtrs
Revenues, net	`Revenues`	$8.90M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$-642.89K	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$-236.72K	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$-6.77M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$-8.24M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$53.26K	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.13M	USD	1 Quarter
Gross Profit	`GrossProfit`	$360.61K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$2.74M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$415.83K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$131.84K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$352.85K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$168.51K	USD	2 Qtrs
Compensation	`SalariesAndWages`	$316.01K	USD	1 Quarter
Compensation	`SalariesAndWages`	$332.28K	USD	1 Quarter
Compensation	`SalariesAndWages`	$624.47K	USD	2 Qtrs
Compensation	`SalariesAndWages`	$693.39K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$49.39K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$145.56K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$175.34K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$71.06K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$60.75K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$106.41K	USD	2 Qtrs
Product development	`ResearchAndDevelopmentExpense`	$63.91K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$100.18K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$163.66K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$126.96K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$248.32K	USD	2 Qtrs
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$306.41K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$967.49K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.36M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.62M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$701.23K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-647.97K	USD	1 Quarter
Net Operating Income (Loss)	`OperatingIncomeLoss`	$-1.00M	USD	2 Qtrs
Net Operating Income (Loss)	`OperatingIncomeLoss`	$1.12M	USD	2 Qtrs
Net Operating Income (Loss)	`OperatingIncomeLoss`	$1.16M	USD	1 Quarter
Interest expense	`InterestExpense`	$57.12K	USD	1 Quarter
Interest expense	`InterestExpense`	$94.28K	USD	2 Qtrs
Interest expense	`InterestExpense`	$124.16K	USD	2 Qtrs
Interest expense	`InterestExpense`	$66.42K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-57.12K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-66.42K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-124.16K	USD	2 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-94.28K	USD	2 Qtrs
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$995.88K	USD	2 Qtrs
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09M	USD	1 Quarter
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.10M	USD	2 Qtrs
Income (Loss) Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-705.09K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$-12.60K	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$-12.60K	USD	2 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$983.28K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-705.09K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.10M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.02	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.13M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	45.00M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.44M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.13M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.29M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.44M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.29M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.00M	shares	2 Qtrs

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$983.28K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-705.09K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-1.10M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$28.29K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$29.24K	USD	2 Qtrs
Stocked based compensation expense	`StockOptionPlanExpense`	$28.50K	USD	2 Qtrs
Stocked based compensation expense	`StockOptionPlanExpense`	$58.87K	USD	2 Qtrs
Accrued sales allowance	`SalesAllowancesGoods`	$-196.98K	USD	2 Qtrs
Accrued sales allowance	`SalesAllowancesGoods`	$65.63K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$988.09K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.41M	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-413.29K	USD	2 Qtrs
(Increase) decrease in inventory	`IncreaseDecreaseInInventories`	$-65.99K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-142.00K	USD	2 Qtrs
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.25M	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	2 Qtrs
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.46K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-228.26K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$166.45K	USD	2 Qtrs
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$81.50K	USD	2 Qtrs
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$70.51K	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.67M	USD	2 Qtrs
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.62M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$37.04K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.70K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.04K	USD	2 Qtrs
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.70K	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$9.86M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$1.59M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$1.69M	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$8.14M	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$860.00K	USD	2 Qtrs
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$2.50M	USD	2 Qtrs
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$978.85K	USD	2 Qtrs
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$200.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.60M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.20M	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-24.30K	USD	2 Qtrs
Net Increase (Decrease) in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$493.61K	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$364.71K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$340.42K	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$807.47K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$364.71K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$313.86K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$340.42K	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$807.47K	USD	Point-in-time
Interest	`InterestPaid`	$97.49K	USD	2 Qtrs
Interest	`InterestPaid`	$12.78K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$7.50K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Total Cash paid during the period	`TotalCashPaidDuringThePeriod`	$12.78K	USD	2 Qtrs
Total Cash paid during the period	`TotalCashPaidDuringThePeriod`	$104.99K	USD	2 Qtrs
Conversion of Series C Preferred Stock to Common Stock	`ConversionOfSeriesCPreferredStockToCommonStock`	-	USD	2 Qtrs
Conversion of Series C Preferred Stock to Common Stock	`ConversionOfSeriesCPreferredStockToCommonStock`	$1.00K	USD	2 Qtrs
Sale of Investment for Note receivable	`SaleOfInvestmentForNoteReceivable`	-	USD	2 Qtrs
Sale of Investment for Note receivable	`SaleOfInvestmentForNoteReceivable`	$500.00K	USD	2 Qtrs

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