C-Bond Systems, Inc financial data

Symbol
CBNT on OTC
Industry
Investors, NEC
Location
6035 South Loop East, Houston, TX
State of incorporation
Colorado
Fiscal year end
December 31
Former names
WestMountain Alternative Energy Inc (to 7/20/2018)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 49.9 % +153%
Quick Ratio 5.72 % +187%
Debt-to-equity -77.8 %
Operating Margin -51.6 % -159%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 551M shares +5.21%
Common Stock, Shares, Outstanding 545M shares +4.21%
Entity Public Float 1.27M USD -52.8%
Common Stock, Value, Issued 545K USD +4.21%
Weighted Average Number of Shares Outstanding, Basic 543M shares +10.2%
Weighted Average Number of Shares Outstanding, Diluted 543M shares -76.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.36M USD +59.2%
Cost of Revenue 1.61M USD +69.9%
Research and Development Expense 0 USD
General and Administrative Expense 710K USD -4.3%
Operating Income (Loss) -1.73M USD -194%
Nonoperating Income (Expense) -49.4K USD +88.9%
Net Income (Loss) Attributable to Parent -317K USD +55.1%
Earnings Per Share, Basic -0.01 USD/shares -100%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 196K USD -87%
Accounts Receivable, after Allowance for Credit Loss, Current 243K USD
Inventory, Net 162K USD +36%
Assets, Current 841K USD -54%
Property, Plant and Equipment, Net 148K USD +87%
Operating Lease, Right-of-Use Asset 129K USD -31%
Intangible Assets, Net (Excluding Goodwill) 204K USD -19.8%
Goodwill 350K USD 0%
Other Assets, Noncurrent 949K USD
Assets 1.67M USD -38.1%
Accounts Payable, Current 799K USD +9.47%
Employee-related Liabilities, Current 54.5K USD -87%
Accrued Liabilities, Current 390K USD -0.13%
Contract with Customer, Liability, Current 149K USD
Liabilities, Current 2.11M USD -27.5%
Operating Lease, Liability, Noncurrent 67.9K USD
Liabilities 3.04M USD -0.15%
Retained Earnings (Accumulated Deficit) -61.4M USD -3.04%
Stockholders' Equity Attributable to Parent -4.34M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -4.19M USD -32.1%
Liabilities and Equity 1.67M USD -38.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -651K USD -124%
Net Cash Provided by (Used in) Financing Activities 113K USD -59.3%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 545M shares +4.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -14.1K USD +96%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 196K USD -87%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8.25K USD -75.6%
Deferred Tax Assets, Valuation Allowance 2.18M USD -13.2%
Deferred Tax Assets, Gross 2.18M USD -13.2%
Operating Lease, Liability 129K USD
Lessee, Operating Lease, Liability, to be Paid 146K USD
Property, Plant and Equipment, Gross 254K USD +82.3%
Operating Lease, Liability, Current 60.8K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 67.2K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 72.7K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.8K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.6K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.18M USD -13.4%
Preferred Stock, Shares Authorized 2M shares 0%
Operating Lease, Payments 16.8K USD -58.9%
Additional Paid in Capital 56.6M USD +1.31%
Amortization of Intangible Assets 12.6K USD -0.01%
Depreciation, Depletion and Amortization 84.9K USD -2.01%
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 5.66K USD -43.5%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%