We are a materials development company and the sole owner of the patented, proprietary nanotechnology, which we call our C-Bond™ technology. We currently sell our technology primarily to the glass industry. Our product, called C-Bond, is designed to significantly increase the strength of glass, enhance glass flexibility, and improve the structural integrity of glass. The product is scalable across various target segments and industry verticals. To date, we have focused on automotive glass including windshields, and architectural glass. In the future, other glass segments such as electronics including display glass, and glass packaging including bottles, may be targeted but we have not entered these markets yet.
Company profile
Ticker
CBNT
Exchange
Website
CEO
Scott R. Silverman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
WestMountain Alternative Energy Inc
SEC CIK
Corporate docs
Subsidiaries
C-Bond Systems, LLC • Mobile Tint, LLC ...
IRS number
261315585
CBNT stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
7 Mar 24
8-K
Entry into a Material Definitive Agreement
6 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
RW
Registration withdrawal request
27 Jun 23
10-Q
2023 Q1
Quarterly report
15 May 23
8-K
Entry into a Material Definitive Agreement
12 May 23
8-K
Entry into a Material Definitive Agreement
7 Apr 23
10-K
2022 FY
Annual report
31 Mar 23
8-K
Entry into a Material Definitive Agreement
19 Jan 23
Transcripts
Latest ownership filings
4
Allison F Tomek
4 Jan 24
4
BARRY M EDELSTEIN
4 Jan 24
4
SCOTT R SILVERMAN
4 Jan 24
SC 13D
SILVERMAN SCOTT R
24 Jan 23
4
Allison F Tomek
19 Jan 23
4
SCOTT R SILVERMAN
19 Jan 23
4
BARRY M EDELSTEIN
19 Jan 23
4
BARRY M EDELSTEIN
15 Aug 22
SC 13G
Wanke Michael Wayne
11 Mar 22
4
SCOTT R SILVERMAN
10 Jan 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.13 mm | 1.13 mm | 1.13 mm | 1.13 mm | 1.13 mm | 1.13 mm |
Cash burn (monthly) | 126.13 k | (no burn) | 38.21 k | (no burn) | 105.09 k | 135.84 k |
Cash used (since last report) | 754.57 k | n/a | 228.59 k | n/a | 628.71 k | 812.64 k |
Cash remaining | 378.56 k | n/a | 904.54 k | n/a | 504.42 k | 320.49 k |
Runway (months of cash) | 3.0 | n/a | 23.7 | n/a | 4.8 | 2.4 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jan 24 | Allison F Tomek | Series B Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 1000 | 162 | 162.00 k | 362 |
2 Jan 24 | Edelstein Barry M | Series B Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 1000 | 50 | 50.00 k | 91 |
2 Jan 24 | Silverman Scott R | Series B Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 1000 | 150 | 150.00 k | 895 |
17 Jan 23 | Silverman Scott R | Common Stock | Grant | Acquire A | No | No | 0.0055 | 54,545,455 | 300.00 k | 64,315,575 |
17 Jan 23 | Silverman Scott R | Series B Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 1000 | 90 | 90.00 k | 745 |
17 Jan 23 | Allison F Tomek | Series B Convertible Preferred Stock Common Stock | Grant | Acquire A | No | No | 1000 | 54 | 54.00 k | 200 |
Press releases
Patriot Glass Solutions, a Subsidiary of C-Bond Systems, Receives Purchase Order to Install C-Bond Ballistic-Resistant System at CPS Energy Headquarters in San Antonio
25 Mar 24
C-Bond Systems Expects to Report Record Revenue in Excess of $1 Million for the First Quarter of 2024
11 Mar 24
Patriot Glass Solutions, a Subsidiary of C-Bond Systems, Receives Eight New Purchase Orders from Texas School Districts to Install its Ballistic and Security Films
22 Feb 24
C-Bond Systems Reviews 2023 Highlights Including Record Revenue
4 Jan 24
C-Bond Systems, Inc. Discusses 2023 Highlights and 2024 Goals with The Stock Day Podcast
3 Jan 24