10-K Filing

CAPSTONE COMPANIES, INC. CIK: 814926 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0000939802-21-000025`
Period End Date	20201231
Filing Date	20210331
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	capc-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 38 Cash Flow Statement 58 Stockholders Equity 12

Balance Sheet 56 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.13M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$120.06K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$13.46K	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$8.78K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	56.67M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	56.67M	shares	Point-in-time
Inventories	`InventoryNet`	$24.82K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.58M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$75.62K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$182.78K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.30M	shares	Point-in-time
Income tax refundable	`IncomeTaxesReceivable`	$220.21K	USD	Point-in-time
Income tax refundable	`IncomeTaxesReceivable`	$861.32K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.57M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.29M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$65.65K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$54.85K	USD	Point-in-time
Operating lease - right of use asset	`OperatingLeaseRightOfUseAsset`	$158.50K	USD	Point-in-time
Operating lease - right of use asset	`OperatingLeaseRightOfUseAsset`	$214.20K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$25.56K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$46.02K	USD	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Goodwill	`Goodwill`	$1.94M	USD	Point-in-time
Goodwill	`Goodwill`	$1.31M	USD	Point-in-time
Total Assets	`Assets`	$3.84M	USD	Point-in-time
Total Assets	`Assets`	$5.83M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$635.59K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$825.69K	USD	Point-in-time
Operating lease - current portion	`OperatingLeaseLiabilityCurrent`	$51.17K	USD	Point-in-time
Operating lease - current portion	`OperatingLeaseLiabilityCurrent`	$63.31K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$889.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$686.77K	USD	Point-in-time
Operating lease - long term portion	`OperatingLeaseLiabilityNoncurrent`	$107.69K	USD	Point-in-time
Operating lease - long term portion	`OperatingLeaseLiabilityNoncurrent`	$171.00K	USD	Point-in-time
Deferred tax liabilities-long-term	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liabilities-long-term	`DeferredIncomeTaxLiabilitiesNet`	$259.70K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$367.39K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$171.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$857.76K	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.26M	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 46,296,364 shares at December 31, 2020 and 46,579,747 shares at December 31, 2019	`CommonStockValue`	$4.63K	USD	Point-in-time
Common Stock, par value $.0001 per share, authorized 56,666,667 shares, issued 46,296,364 shares at December 31, 2020 and 46,579,747 shares at December 31, 2019	`CommonStockValue`	$4.66K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.06M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.09M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.90M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.58M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$4.98M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.83M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$3.84M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$2.77M	USD	Annual
Revenues, net	`Revenues`	$12.40M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$2.27M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$9.97M	USD	Annual
Gross Profit	`GrossProfit`	$2.43M	USD	Annual
Gross Profit	`GrossProfit`	$503.77K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$300.42K	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$378.61K	USD	Annual
Compensation	`LaborAndRelatedExpense`	$1.52M	USD	Annual
Compensation	`LaborAndRelatedExpense`	$1.55M	USD	Annual
Professional fees	`ProfessionalFees`	$422.82K	USD	Annual
Professional fees	`ProfessionalFees`	$435.14K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$348.75K	USD	Annual
Product development	`ResearchAndDevelopmentExpense`	$249.88K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$647.70K	USD	Annual
Other general and administrative	`OtherGeneralAndAdministrativeExpense`	$477.12K	USD	Annual
Goodwill impairment charge	`AssetImpairmentCharges`	-	USD	Annual
Goodwill impairment charge	`AssetImpairmentCharges`	$623.54K	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$3.59M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$3.36M	USD	Annual
Operating Loss	`OperatingIncomeLoss`	$-3.09M	USD	Annual
Operating Loss	`OperatingIncomeLoss`	$-932.90K	USD	Annual
Other Income, net	`OtherNonoperatingIncomeExpense`	$89.60K	USD	Annual
Other Income, net	`OtherNonoperatingIncomeExpense`	$29.50K	USD	Annual
Interest Income (Expense)	`InterestIncomeExpenseNet`	$179.00	USD	Annual
Interest Income (Expense)	`InterestIncomeExpenseNet`	$-3.21K	USD	Annual
Total Other Income, net	`NonoperatingIncomeExpense`	$26.30K	USD	Annual
Total Other Income, net	`NonoperatingIncomeExpense`	$89.78K	USD	Annual
Loss Before Tax Benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-906.60K	USD	Annual
Loss Before Tax Benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-3.00M	USD	Annual
Benefit for Income Tax	`CurrentIncomeTaxExpenseBenefit`	$-611.94K	USD	Annual
Benefit for Income Tax	`CurrentIncomeTaxExpenseBenefit`	$-14.93K	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net Loss	`NetIncomeLoss`	$-891.67K	USD	Annual
Net Loss per Common Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
Net Loss per Common Share Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	Annual
Weighted Average Shares Outstanding Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.34M	shares	Annual
Weighted Average Shares Outstanding Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.86M	shares	Annual

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net Loss	`NetIncomeLoss`	$-891.67K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$44.19K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$24.30K	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$28.07K	USD	Annual
Stock based compensation expense	`ShareBasedCompensation`	$40.71K	USD	Annual
Noncash lease expense	`OperatingLeasesRentExpenseContingentRentals`	$55.70K	USD	Annual
Noncash lease expense	`OperatingLeasesRentExpenseContingentRentals`	$20.25K	USD	Annual
Goodwill impairment charge	`Goodwillimpairmentcharge`	-	USD	Annual
Goodwill impairment charge	`Goodwillimpairmentcharge`	$623.54K	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-12.00K	USD	Annual
Increase in deferred income tax liabilities-long-term	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	Annual
Increase in deferred income tax liabilities-long-term	`IncreaseDecreaseInDeferredIncomeTaxes`	$-259.70K	USD	Annual
Noncash accounts receivable allowance	`OtherNoncashIncomeExpense`	-	USD	Annual
Noncash accounts receivable allowance	`OtherNoncashIncomeExpense`	$-173.43K	USD	Annual
(Increase) decrease in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-51.05K	USD	Annual
(Increase) decrease in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$106.61K	USD	Annual
Decrease in inventories	`IncreaseDecreaseInInventories`	$-16.04K	USD	Annual
Decrease in inventories	`IncreaseDecreaseInInventories`	$-2.68K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-61.09K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-107.16K	USD	Annual
Decrease in deposits	`IncreaseDecreaseInDeposits`	$20.46K	USD	Annual
Decrease in deposits	`IncreaseDecreaseInDeposits`	$56.78K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$16.67K	USD	Annual
Increase in accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$174.15K	USD	Annual
Decrease in deferred rent incentive	`IncreaseDecreaseInOtherDeferredLiability`	-	USD	Annual
Decrease in deferred rent incentive	`IncreaseDecreaseInOtherDeferredLiability`	$-108.84K	USD	Annual
Decrease in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-11.69K	USD	Annual
Decrease in income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	Annual
Increase in income tax refundable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	Annual
Increase in income tax refundable	`IncreaseDecreaseInIncomeTaxesReceivable`	$641.11K	USD	Annual
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-12.28K	USD	Annual
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLiabilities`	$-51.17K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-585.58K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.86M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.12K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.50K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-34.12K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.50K	USD	Annual
Repurchase of Shares	`PaymentsForRepurchaseOfCommonStock`	$36.33K	USD	Annual
Repurchase of Shares	`PaymentsForRepurchaseOfCommonStock`	$71.41K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-71.41K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.33K	USD	Annual
Net Decrease in Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-691.11K	USD	Annual
Net Decrease in Cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.91M	USD	Annual
Cash, cash equivalents, and restricted cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.13M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at Beginning of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.13M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at End of Year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.22M	USD	Point-in-time
Cash paid during the period for: Interest	`InterestPaidNet`	$3.21K	USD	Annual
Cash paid during the period for: Interest	`InterestPaidNet`	-	USD	Annual
Operating lease right-of-use asset at commencement	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Operating lease right-of-use asset at commencement	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$224.55K	USD	Annual
Operating lease liabilities at commencement	`OperatingLeaseLiabilitiesAtCommencement`	-	USD	Annual
Operating lease liabilities at commencement	`OperatingLeaseLiabilitiesAtCommencement`	$234.45K	USD	Annual

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, value	`StockholdersEquity`	$5.90M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$2.58M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$4.98M	USD	Point-in-time
Stock options for compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$28.07K	USD	Annual
Stock options for compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$40.71K	USD	Annual
Repurchase of shares, value	`StockRepurchasedDuringPeriodValue`	$36.33K	USD	Annual
Repurchase of shares, value	`StockRepurchasedDuringPeriodValue`	$71.41K	USD	Annual
Net Loss	`NetIncomeLoss`	$-2.38M	USD	Annual
Net Loss	`NetIncomeLoss`	$-891.67K	USD	Annual
Balance, value	`StockholdersEquity`	$5.90M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$2.58M	USD	Point-in-time
Balance, value	`StockholdersEquity`	$4.98M	USD	Point-in-time

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