Tool consists of two parts, the outer housing and the inner working part that is rotated by the black plastic knob.There are 4 razor blades attached that cut. The cutting edges line up radially with the edge of the aluminium cone shown in the second photo, but is recessed about 4 mm above the edge of the cone. One of the cutting edges can be seen at the bottom of the 3rd photo, also in the 4th photo at the top. The bottom surfaces of both the main tool and the inner half are textured, looks like they are meant to grip. Cone is spring loaded, it moves in and out. Brass plunger is a lock, once locked the inner half cannot be depressed. Well made tool and looks like it has never been used since there is no debris whatsoever inside the tool