Private company

C-Bond Systems, Inc

Last updated Oct 16, 2026.

Overview

  • IndustryInvestors, NEC
  • HeadquartersCO
  • Incorporated inCO2
  • Business address6035 South Loop East, Houston, Tx 770332
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

52.5%Gross margin3
82.6%Operating margin3
75.8%Net margin3
11.5%Revenue growth, 20233
-$1.7MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue34¢$1.2M
  • Interest0¢$5.7K
  • Income tax11¢$396.2K
  • Profit54¢$1.9M

Out of $2.5M in revenue.3

Financial statements

Revenue456783$2.5M in 2023+514% since 2017
0$1.0M$2.0M$3.0M2017: $405.4K$405.4K20172018: $382.2K$382.2K2018−6%2019: $602.6K$602.6K2019+58%2020: $555.9K$555.9K2020−8%2021: $1.5M$1.5M2021+166%2022: $2.2M$2.2M2022+51%2023: $2.5M$2.5M2023+11%
Gross profit456783$1.3M in 2023+290% since 2017
0$500.0K$1.0M$1.5M2017: $335.4K$335.4K20172018: $298.9K$298.9K2018−11%2019: $480.7K$480.7K2019+61%2020: $313.4K$313.4K2020−35%2021: $819.5K$819.5K2021+162%2022: $1.3M$1.3M2022+56%2023: $1.3M$1.3M2023+2%
Operating income456783$2.1M in 2023
-$10.0M-$5.0M0$5.0M2017: -$8.3M-$8.3M20172018: -$9.3M-$9.3M2018+12%2019: -$6.4M-$6.4M2019−31%2020: -$4.5M-$4.5M2020−30%2021: -$7.0M-$7.0M2021+57%2022: -$3.2M-$3.2M2022−54%2023: $2.1M$2.1M2023
Net income4573$1.9M in 2023
-$10.0M-$5.0M0$5.0M2017: -$8.3M-$8.3M20172018: -$9.9M-$9.9M2018+19%2019: -$7.2M-$7.2M2019−27%2020: -$4.4M-$4.4M2020−39%2021: -$7.1M-$7.1M2021+61%2022: -$5.2M-$5.2M2022−28%2023: $1.9M$1.9M2023
Fiscal year2017201820192020202120222023
Revenue$405.4K4$382.2K5$602.6K6$555.9K7$1.5M8$2.2M3$2.5M3
Cost of revenue$70.0K4$83.4K5$122.0K6$242.5K7$657.3K8$954.4K3$1.2M3
Gross profit$335.4K4$298.9K5$480.7K6$313.4K7$819.5K8$1.3M3$1.3M3
Research and development$214.1K4$258.3K5$31.1K6$2757$3.2K8$03$03
Selling, general and admin$57.1K11
Operating income-$8.3M4-$9.3M5-$6.4M6-$4.5M7-$7.0M8-$3.2M3$2.1M3
Interest$8.0K4$53.1K5$343.1K6$751.2K7$283.0K8$10.0K3$5.7K3
Income tax-$931.2K7-$1.5M8-$1.1M3$396.2K3
Net income-$8.3M4-$9.9M5-$7.2M5-$4.4M7-$7.1M7-$5.2M3$1.9M3
Earnings per share-$0.037-$0.058-$0.023$0.003
Earnings per share (diluted)-$0.058-$0.023$0.003

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Former names

  • WestMountain Alternative Energy IncDec 14, 2007 to Jul 20, 20182

Recent filings

  1. Mar 6, 20258-K CURRENT REPORT
  2. Feb 4, 20258-K CURRENT REPORT
  3. Nov 14, 202410-Q QUARTERLY REPORT
  4. Aug 19, 202410-Q QUARTERLY REPORT
  5. May 20, 20244
  6. May 14, 202410-Q QUARTERLY REPORT
  7. Apr 12, 20248-K CURRENT REPORT
  8. Apr 1, 202410-K ANNUAL REPORT
  9. Mar 7, 20248-K CURRENT REPORT
  10. Jan 4, 20244
  11. Jan 4, 20244
  12. Jan 4, 20244
  13. Dec 6, 20238-K CURRENT REPORT
  14. Nov 14, 202310-Q QUARTERLY REPORT
  15. Aug 14, 202310-Q QUARTERLY REPORT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1

Sources

The numbers on this page point here. Each one links to the record it came from.

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