v3.26.1

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Current Assets:
Cash	$ 257,040	$ 39,122
Prepaid expenses	14,957	19,983
Total Current Assets	271,997	59,105
Total Assets	271,997	59,105
Current Liabilities:
Accounts payable and accrued liabilities	3,957	3,854
Total Current Liabilities	823,335	518,174
Total Liabilities	823,335	518,174
Commitments and Contingencies: (Note 4)
Stockholders’ Deficit:
Common Stock, par value $.0001 per share, authorized 295,000,000 shares, issued 49,643,031 and outstanding 48,826,864 shares at March 31, 2026 and December 31, 2025.	4,884	4,884
Additional paid-in capital	12,335,140	12,335,140
Accumulated deficit	(12,772,037)	(12,679,768)
Less: Treasury stock, at cost (816,167 shares at March 31, 2026 and December 31, 2025)	(119,402)	(119,402)
Total Stockholders’ Deficit	(551,338)	(459,069)
Total Liabilities and Stockholders’ Deficit	271,997	59,105
Series B1 Preferred Stock [Member]
Stockholders’ Deficit:
Preferred Stock, Value	77	77
Series C Preferred Stock [Member]
Stockholders’ Deficit:
Preferred Stock, Value
Related Party [Member]
Current Liabilities:
Notes payable and accrued interest-current	568,084	514,320
Nonrelated Party [Member]
Current Liabilities:
Notes payable and accrued interest-current	$ 251,294

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

CAPSTONE COMPANIES, INC. 10-Q