Capstone Companies Inc

capstonecompaniesinc.com

What Do They Do?

Pursues business-development opportunities and has developed consumer products such as a kitchen tablet and LED lighting for retail and consumer markets.

How Do They Make Money?

Retailers bought consumer products, with payment due after shipment under terms that varied by customer; online Smart Mirror buyers paid at checkout. Under its Connected Chef license, the company would have received a fee for each unit sold.

FY2024 revenue

Who Are Their Customers?

Retailers bought consumer products directly; Smart Mirror customers ordered through e-commerce or independent retailers, while a licensee was to market and sell Connected Chef.

Do Revenues Turn Into Profits?

No. It lost $962.4K in FY2024.

Operating income, FY2024

−695% of revenue

▼ −39% (Loss) vs FY2023 (−$1.6M, −851%)

Net income, FY2024

−672% of revenue

▼ −43% (Loss) vs FY2023 (−$1.7M, −883%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Net income: ▲ +11% (Loss); vs −$76.5K in Q2 FY2025

Aug 5, 2026 eBliss ended the letter of intent; no transaction agreement was reached Capstone said it would continue efforts to develop a new business line.
May 15, 2026 Signed a letter of intent to negotiate a possible eBliss acquisition The letter provided for negotiations and due diligence but did not obligate either party to complete a transaction.

Shrinking. Revenue fell 95% in 4 years, from $2.8M in FY2020 to $143.3K in FY2024, about 52% a year.

From connected-home products to business development The older report positioned Connected Surfaces smart mirrors as the intended replacement for LED lighting. The latest report centers on developing a health, fitness and social activities business, while Connected Chef licensing failed and no product remained in active commercialization.