10-K/A Filing

CAPSTONE COMPANIES, INC. CIK: 814926 FY 2016

Filing Information

Form Type	10-K/A
Accession Number	`0000939802-17-000028`
Period End Date	20161231
Filing Date	20170328
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	capc-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 40 Cash Flow Statement 56

Balance Sheet 92 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`	$1.65M	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
Accounts receivable, net	`AccountsReceivableNet`	$5.08M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$4.45M	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
Inventory	`InventoryNet`	$205.71K	USD	Point-in-time
Inventory	`InventoryNet`	$366.33K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNet`	-	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
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNet`	$209.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$330.02K	USD	Point-in-time
Preferred Stock, Series B-1, shares issued	`PreferredStockSeriesB1SharesIssued`	0.00	shares	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
Total Current Assets	`AssetsCurrent`	$6.21M	USD	Point-in-time
Preferred Stock, Series C, par value	`PreferredStockSeriesCParValue`	$1.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$7.00M	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
Preferred Stock, Series C, shares issued	`PreferredStockSeriesCSharesIssued`	0.00	shares	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOtherNet`	$19.77K	USD	Point-in-time
Preferred Stock, Series C, shares issued	`PreferredStockSeriesCSharesIssued`	0.00	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$325.75K	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
Machinery and equipment	`MachineryAndEquipmentGross`	$380.63K	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
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`	$-250.47K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$-295.18K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	48.13M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	48.13M	shares	Point-in-time
Total Property & Equipment	`PropertyPlantAndEquipmentNet`	$110.89K	USD	Point-in-time
Total Property & Equipment	`PropertyPlantAndEquipmentNet`	$100.72K	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`	-	USD	Point-in-time
Note receivable	`NotesReceivableNet`	$526.89K	USD	Point-in-time
Note receivable	`NotesReceivableNet`	-	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`	$2.48M	USD	Point-in-time
Total Assets	`Assets`	$9.58M	USD	Point-in-time
Total Assets	`Assets`	$8.77M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.68M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	$1.59K	USD	Point-in-time
Income tax payable	`IncomeTaxPayable`	$7.50K	USD	Point-in-time
Note payable	`NotesPayable`	$2.28M	USD	Point-in-time
Note payable	`NotesPayable`	-	USD	Point-in-time
Notes and loans payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$1.32M	USD	Point-in-time
Notes and loans payable to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.06M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.51M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilities`	-	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilities`	$425.00K	USD	Point-in-time
Total Long Term Liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$425.00K	USD	Point-in-time
Total Long Term Liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.43M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.51M	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	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`	$7.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.27M	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`	$5.15M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$8.77M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$9.58M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$30.63M	USD	Annual
Revenues, net	`Revenues`	$15.92M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$12.10M	USD	Annual
Cost of sales	`CostOfGoodsSold`	$23.23M	USD	Annual
Gross Profit	`GrossProfit`	$3.82M	USD	Annual
Gross Profit	`GrossProfit`	$7.40M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$1.22M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$314.01K	USD	Annual
Compensation	`SalariesAndWages`	$1.43M	USD	Annual
Compensation	`SalariesAndWages`	$1.33M	USD	Annual
Professional fees	`ProfessionalFees`	$269.72K	USD	Annual
Professional fees	`ProfessionalFees`	$365.40K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$326.82K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$294.64K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$704.96K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$587.86K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$2.80M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$4.06M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.02M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$3.34M	USD	Annual
Interest income	`InvestmentIncomeInterest`	-	USD	Annual
Interest income	`InvestmentIncomeInterest`	$26.90K	USD	Annual
Interest expense	`InterestExpense`	$-281.45K	USD	Annual
Interest expense	`InterestExpense`	$-317.46K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-254.55K	USD	Annual
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-317.46K	USD	Annual
Income Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.09M	USD	Annual
Income Before Tax Provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$706.90K	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$7.50K	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	$267.00K	USD	Annual
Net Income	`NetIncomeLoss`	$699.40K	USD	Annual
Net Income	`NetIncomeLoss`	$2.82M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.06	USD	Annual
Basic	`EarningsPerShareBasic`	$0.01	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.06	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.01	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.13M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.58M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.34M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.72M	shares	Annual

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.82M	USD	Annual
Net income	`ProfitLoss`	$699.40K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$63.68K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$71.59K	USD	Annual
Accrued interest on note receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-26.89K	USD	Annual
Accrued interest on note receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	-	USD	Annual
Stock based compensation expense	`StockOptionPlanExpense`	$95.47K	USD	Annual
Stock based compensation expense	`StockOptionPlanExpense`	$67.06K	USD	Annual
Provision for deferred income tax	`IncreaseDecreaseInDeferredIncomeTaxes`	$216.00K	USD	Annual
Provision for deferred income tax	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	Annual
Accrued sales allowance	`SalesAllowancesGoods`	$476.31K	USD	Annual
Accrued sales allowance	`SalesAllowancesGoods`	$527.50K	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.58M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$100.50K	USD	Annual
(Increase) in inventory	`IncreaseDecreaseInInventories`	$-76.72K	USD	Annual
(Increase) in inventory	`IncreaseDecreaseInInventories`	$-160.62K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$236.44K	USD	Annual
(Increase) decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-208.42K	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	-	USD	Annual
(Increase) decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.46K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$508.01K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.53M	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$-148.37K	USD	Annual
Increase (decrease) in accrued interest on notes payable	`IncreaseDecreaseInInterestPayableNet`	$127.36K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.85M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.20M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-88.43K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-53.51K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-88.43K	USD	Annual
Net cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.51K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$27.86M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$13.38M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-30.13M	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$-11.39M	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$860.00K	USD	Annual
Proceeds from notes and loans payable to related parties	`ProceedsFromRelatedPartyDebt`	$3.20M	USD	Annual
Repayments of notes and loans payable to related parties	`RepaymentsOfRelatedPartyDebt`	$-1.45M	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`	$-2.87M	USD	Annual
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.86K	USD	Annual
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.28M	USD	Annual
Cash and Cash Equivalents at Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$1.65M	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`	$364.71K	USD	Point-in-time
Cash and Cash Equivalents at End of Year	`CashAndCashEquivalentsAtCarryingValue`	$1.65M	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`	$364.71K	USD	Point-in-time
Interest	`InterestPaid`	$190.11K	USD	Annual
Interest	`InterestPaid`	$429.81K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$56.91K	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Conversion of Series C Preferred Stock to Common Stock	`ConversionOfSeriesCPreferredStockToCommonStock`	-	USD	Annual
Conversion of Series C Preferred Stock to Common Stock	`ConversionOfSeriesCPreferredStockToCommonStock`	$67.00	USD	Annual
Sale of Investment for Note receivable	`SaleOfInvestmentForNoteReceivable`	$500.00K	USD	Annual
Sale of Investment for Note receivable	`SaleOfInvestmentForNoteReceivable`	-	USD	Annual

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