10-Q Filing

CAPSTONE COMPANIES, INC. CIK: 814926 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0000939802-19-000021`
Period End Date	20190331
Filing Date	20190515
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	capc-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 36 Cash Flow Statement 46 Stockholders Equity 13

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.86M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$64.51K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$2.38M	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$17.30K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	56.67M	shares	Point-in-time
Inventories	`InventoryNet`	$27.50K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	56.67M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$76.72K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$243.88K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	47.00M	shares	Point-in-time
Income tax refundable	`IncomeTaxesReceivable`	$220.21K	USD	Point-in-time
Income tax refundable	`IncomeTaxesReceivable`	$220.21K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.31M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.38M	USD	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOther`	$51.20K	USD	Point-in-time
Computer equipment and software	`PropertyPlantAndEquipmentOther`	$51.20K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$170.57K	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$170.57K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$6.83K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$6.83K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$152.87K	USD	Point-in-time
Less: Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$163.70K	USD	Point-in-time
Total Property & Equipment	`PropertyPlantAndEquipmentNet`	$64.89K	USD	Point-in-time
Total Property & Equipment	`PropertyPlantAndEquipmentNet`	$75.72K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$103.19K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$102.81K	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`	$2.04M	USD	Point-in-time
Total Other Non-current Assets	`OtherAssetsNoncurrent`	$2.04M	USD	Point-in-time
Total Assets	`Assets`	$6.49M	USD	Point-in-time
Total Assets	`Assets`	$6.42M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$766.28K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$461.45K	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditCurrent`	$83.83K	USD	Point-in-time
Deferred rent incentive	`DeferredRentCreditCurrent`	$108.84K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$11.69K	USD	Point-in-time
Income tax payable	`TaxesPayableCurrent`	$11.69K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$581.98K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$861.80K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$12.00K	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Total Long Term Liabilities	`LiabilitiesNoncurrent`	$12.00K	USD	Point-in-time
Total Long Term Liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	$861.80K	USD	Point-in-time
Total Liabilities	`Liabilities`	$593.98K	USD	Point-in-time
Preferred Stock, Series A, par value $.001 per share, authorized 6,666,667 shares, issued -0- shares; Preferred Stock, Series B-1, par value $.0001 per share, authorized 3,333,333 shares, issued -0- shares; Preferred Stock, Series C, par value $1.00 per share, authorized 67 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; Preferred Stock, Series B-1, par value $.0001 per share, authorized 3,333,333 shares, issued -0- shares; Preferred Stock, Series C, par value $1.00 per share, authorized 67 shares, issued -0- shares	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued 47,000,894 shares at March 31, 2019 and 47,046,364 shares at December 31, 2018.	`CommonStockValue`	$4.70K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued 47,000,894 shares at March 31, 2019 and 47,046,364 shares at December 31, 2018.	`CommonStockValue`	$4.70K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.09M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.54M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.66M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.90M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.56M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$6.82M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.49M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$6.42M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$2.98M	USD	1 Quarter
Revenues, net	`Revenues`	$4.06M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.04M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.35M	USD	1 Quarter
Gross Profit	`GrossProfit`	$626.59K	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.02M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$363.06K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$191.88K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$374.85K	USD	1 Quarter
Compensation	`LaborAndRelatedExpense`	$375.11K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$157.80K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$148.89K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$166.57K	USD	1 Quarter
Product development	`ResearchAndDevelopmentExpense`	$85.23K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$174.29K	USD	1 Quarter
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$163.71K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.23M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$973.47K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-208.64K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-346.88K	USD	1 Quarter
Other Expenses, Net	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Other Expenses, Net	`NonoperatingIncomeExpense`	$-10.46K	USD	1 Quarter
Loss Before Tax (Benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-208.64K	USD	1 Quarter
Loss Before Tax (Benefit)	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-357.34K	USD	1 Quarter
(Benefit) for Income Tax	`IncomeTaxExpenseBenefit`	$-18.00K	USD	1 Quarter
(Benefit) for Income Tax	`IncomeTaxExpenseBenefit`	$-12.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-345.34K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-190.64K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.00	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.00	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.03M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	47.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.03M	shares	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-345.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-190.64K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.13K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$10.83K	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$28.88K	USD	1 Quarter
Stock based compensation expense	`ShareBasedCompensation`	$11.03K	USD	1 Quarter
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$9.00K	USD	1 Quarter
Provision (benefit) for deferred income tax	`DeferredIncomeTaxExpenseBenefit`	$-12.00K	USD	1 Quarter
(Decrease) in accrued sales allowance	`DecreaseInAccruedSalesAllowance`	$-20.64K	USD	1 Quarter
(Decrease) in accrued sales allowance	`DecreaseInAccruedSalesAllowance`	$-191.47K	USD	1 Quarter
(Increase) decrease in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$2.09M	USD	1 Quarter
(Increase) decrease in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.69M	USD	1 Quarter
Decrease in inventories	`IncreaseDecreaseInInventories`	$-10.20K	USD	1 Quarter
Decrease in inventories	`IncreaseDecreaseInInventories`	$-77.95K	USD	1 Quarter
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-160.57K	USD	1 Quarter
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-167.15K	USD	1 Quarter
(Increase) in deposits	`IncreaseDecreaseInDeposits`	$-388.00	USD	1 Quarter
(Increase) in deposits	`IncreaseDecreaseInDeposits`	-	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$277.39K	USD	1 Quarter
Increase (decrease) in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-843.68K	USD	1 Quarter
(Decrease) in deferred rent incentive	`IncreaseDecreaseInOtherDeferredLiability`	$-25.02K	USD	1 Quarter
(Decrease) in deferred rent incentive	`IncreaseDecreaseInOtherDeferredLiability`	-	USD	1 Quarter
(Decrease) in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-613.09K	USD	1 Quarter
(Decrease) in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
(Increase) in income tax refundable	`IncreaseDecreaseInIncomeTaxesReceivable`	$113.91K	USD	1 Quarter
(Increase) in income tax refundable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.19M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$193.45K	USD	1 Quarter
Repurchase of Shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of Shares	`PaymentsForRepurchaseOfCommonStock`	$8.62K	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.62K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$193.45K	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.20M	USD	1 Quarter
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Cash at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.86M	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.82M	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.67M	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$1.62M	USD	Point-in-time
Cash at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$3.86M	USD	Point-in-time
Cash paid during the period for: Interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid during the period for: Interest	`InterestPaidNet`	-	USD	1 Quarter
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$700.00K	USD	1 Quarter
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquity`	$6.66M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$5.90M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$5.56M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$6.82M	USD	Point-in-time
Stock options for compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.03K	USD	1 Quarter
Stock options for compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$28.88K	USD	1 Quarter
Repurchase of shares, value	`StockRepurchasedDuringPeriodValue`	$8.62K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-345.34K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-190.64K	USD	1 Quarter
Balance, value	`StockholdersEquity`	$6.66M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$5.90M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$5.56M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$6.82M	USD	Point-in-time

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