KULR Technology (KULR) 10-K 17 Apr 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Apr. 11, 2018	Jun. 30, 2017
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Registrant Name	KT High-Tech Marketing Inc.
Entity Central Index Key	1,662,684
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		77,440,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Current Assets:
Cash	$ 895,761	$ 9,087
Accounts receivable	151,802	6,900
Note receivable - related party	0	85,000
Interest receivable - related party	0	2,152
Other current receivable	0	30,000
Other current receivable - related parties	0	2,000
Inventory	13,767	12,932
Prepaid expenses	106,466	12,344
Other current assets	8,727	3,648
Total Current Assets	1,176,523	164,063
Property and equipment, net	43,493	462
Total Assets	1,220,016	164,525
Current Liabilities:
Accrued expenses and other current liabilities	225,966	72,445
Accrued expenses and other current liabilities - related parties	254,344	359,241
Total Current Liabilities	480,310	431,686
Commitments and contingencies
Stockholders' Equity (Deficiency):
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; Series A Preferred Stock, 1,000,000 shares designated; None issued and outstanding at December 31, 2017 and 2016	0	0
Common stock, $0.0001 par value, 100,000,000 shares authorized; 77,440,000 and 50,000,000 shares issued and outstanding at December 31, 2017 and 2016, respectively	7,744	5,000
Additional paid-in capital	5,090,282	1,661,649
Accumulated deficit	(4,358,320)	(1,933,810)
Total Stockholders' Equity (Deficiency)	739,706	(267,161)
Total Liabilities and Stockholders' Equity (Deficiency)	$ 1,220,016	$ 164,525

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Preferred Stock, Par Value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value (in dollars per share)	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	77,440,000	50,000,000
Common Stock, Shares, Outstanding	77,440,000	50,000,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized	1,000,000	1,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenue	$ 235,584	$ 6,900
Cost of revenue	156,609	7,749
Gross Profit (Loss)	78,975	(849)
Operating Expenses:
Research and development	361,231	29,404
Research and development - related parties	439,824	395,322
Selling, general and administrative	1,690,666	398,130
Total Operating Expenses	2,491,721	822,856
Loss From Operations	(2,412,746)	(823,705)
Other Income (Expense):
Interest income	256	25
Interest income - related party	1,336	2,152
Interest expense	(2,963)	0
Interest expense - related party	(9,593)	0
Total Other (Expense) Income	(10,964)	2,177
Loss Before Income Taxes	(2,423,710)	(821,528)
Income tax expense	800	800
Net Loss	$ (2,424,510)	$ (822,328)
Net Loss Per Share - Basic and Diluted	$ (0.04)	$ (0.02)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	63,981,416	42,987,756

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIENCY) - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2015	$ (30,748)	$ 4,633	$ 1,076,101	$ (1,111,482)
Balance (shares) at Dec. 31, 2015		46,333,332
Issuance of common stock for cash	400,000	$ 267	399,733	0
Issuance of common stock for cash (in shares)		2,666,668
Issuance of common stock for professional services	$ 150,000	$ 100	149,900	0
Issuance of common stock for professional services (in shares)	1,000,000	1,000,000
Stock-based compensation	$ 35,915	$ 0	35,915	0
Net loss	(822,328)	0	0	(822,328)
Balance at Dec. 31, 2016	(267,161)	$ 5,000	1,661,649	(1,933,810)
Balance (shares) at Dec. 31, 2016		50,000,000
Stock-based compensation	598,204	$ 0	598,204	0
Equity of KT High-Tech Marketing, Inc. at the time of the reverse recapitalization	2,698,173	$ 2,744	2,695,429	0
Equity of KT High-Tech Marketing, Inc. at the time of the reverse recapitalization (in shares)		27,440,000
Waiver of previously accrued executive consulting fees	135,000	$ 0	135,000	0
Net loss	(2,424,510)	0	0	(2,424,510)
Balance at Dec. 31, 2017	$ 739,706	$ 7,744	$ 5,090,282	$ (4,358,320)
Balance (shares) at Dec. 31, 2017		77,440,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash Flows From Operating Activities:
Net loss	$ (2,424,510)	$ (822,328)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	8,797	656
Stock-based compensation	598,204	35,915
Changes in operating assets and liabilities:
Accounts receivable	(144,902)	(3,600)
Other current receivable	30,000	0
Other current receivable - related parties	2,000	0
Interest receivable - related party	2,152	(2,152)
Inventory	(835)	7,405
Prepaid expenses	(80,968)	(12,344)
Other current assets	861,377	4,826
Accrued expenses and other current liabilities	140,323	(44,677)
Accrued expenses and other current liabilities - related parties	2,603	241,633
Total Adjustments	1,418,751	227,662
Net Cash Used In Operating Activities	(1,005,759)	(594,666)
Cash Flows From Investing Activities:
Issuance of note receivable - related party	0	(85,000)
Proceeds from collection of note receivable - related party	85,000	0
Cash acquired in reverse recapitalization	1,859,261	0
Purchases of property and equipment	(51,828)	0
Net Cash Provided By (Used In) Investing Activities	1,892,433	(85,000)
Cash Flows From Financing Activities:
Proceeds from issuance of common stock	0	550,000
Net Cash Provided By Financing Activities	0	550,000
Net Increase (Decrease) In Cash	886,674	(129,666)
Cash - Beginning of Year	9,087	138,753
Cash - End of Year	895,761	9,087
Supplemental Disclosures of Cash Flow Information:
Cash paid during the year for: Interest	2,962	0
Cash paid during the year for: Income taxes	2,400	0
Non-cash operating and financing activities:
Waiver of previously accrued executive consulting fees	$ 135,000	$ 0

BUSINESS ORGANIZATION AND NATUR

BUSINESS ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 BUSINESS ORGANIZATION AND NATURE OF OPERATIONS Organization and Operations KT High-Tech Marketing, Inc. ("KT High-Tech") was incorporated on December 11, 2015. Prior to the Share Exchange discussed below, KT High-Tech was an early-stage company planning to market and distribute technology products and components targeting the energy and consumer electronics industries. KT High-Tech intended to market and sell the products to both the end user and supply chain markets and to seek partnerships in developing and distributing such products. After the reverse recapitalization discussed below, KT High-Tech integrated its existing business operations with those of its subsidiary, KULR Technology Corporation (“KULR”). KULR, a wholly-owned subsidiary of KT High-Tech (collectively the “Company”), was formed in 2013 and is based in Santa Clara, California. KULR is primarily focused on developing and commercializing its thermal management technologies, which it acquired through assignment from and license with KULR’s co-founder Dr. Timothy Knowles, in the high value, high-performance consumer electronic and energy storage applications. KULR owns proprietary carbon fiber based (Carbon Fiber Velvet or “CFV”) thermal management solutions that it believes are more effective at conducting, dissipating and storing heat generated by an electronic system’s internal components (i.e. semiconductor, integrated circuits “chips”) in comparison to traditional materials, such as copper and aluminum. KULR’s technologies can be applied inside a wide array of electronic applications where heat is often a problem, such as mobile devices, cloud computing, virtual reality platforms, satellites, internet of things, drones, and connected cars. Reverse Recapitalization On June 8, 2017, KT High-Tech entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with KULR and 100 25,000,000 50,000,000 64.57 The closing of the Share Exchange Agreement was accounted for as a reverse recapitalization under the provisions of the Financial Accounting Standards Board ("FASB") Accounting Standards Codification (“ASC”) Topic 805-40. The consolidated statements of operations herein reflect the historical results of KULR prior to the completion of the reverse recapitalization since it was determined to be the accounting acquirer, and do not include the historical results of operations for KT High-Tech prior to the completion of the reverse recapitalization. The balance sheet as of December 31, 2016 presented herein reflects the assets and liabilities of KULR. KT High-Tech’s assets and liabilities are consolidated with the assets and liabilities of KULR as of the Closing Date. The number of shares issued and outstanding and additional paid-in capital of KT High-Tech have been retroactively adjusted to reflect the equivalent number of shares issued by KT High-Tech in the Share Exchange, while KULR’s accumulated deficit is being carried forward as the Company’s accumulated deficit. All costs attributable to the reverse recapitalization were expensed.

GOING CONCERN AND MANAGEMENT_S

GOING CONCERN AND MANAGEMENT’S PLANS	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Substantial Doubt about Going Concern [Text Block]	GOING CONCERN AND MANAGEMENT’S PLANS As of December 31, 2017, the Company had cash, working capital and an accumulated deficit of $ 895,761 696,213 4,358,320 2,424,510 822,328 Based upon the Company’s forecast for continued operating losses, it expects that the cash it currently has available will fund its operations into the fourth quarter of 2018 while it continues to apply efforts to raise additional capital. Thereafter, the Company will require external funding to sustain operations and to follow through on the execution of its business plan. Although the Company’s management believes that it has access to capital resources, there are currently no commitments in place for new financing at this time and there is no assurance that the Company will be able to obtain funds on commercially acceptable terms, if at all. If the Company is unable to obtain adequate funds on reasonable terms, it may be required to significantly curtail or discontinue operations or obtain funds by entering into financing agreements on unattractive terms. The Company’s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which contemplate continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The consolidated financial statements do not include any adjustment that might result from the outcome of this uncertainty.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements of the Company include the accounts of KT High-Tech and its wholly-owned subsidiary, KULR. All significant intercompany transactions have been eliminated in the consolidation. Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the financial statements. The Company’s significant estimates used in these financial statements include, but are not limited to, stock-based compensation, the collectability of receivables, inventory valuations, the recoverability and useful lives of long-lived assets and the valuation allowance related to the Company’s deferred tax assets. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates. The Company maintains cash with major financial institutions. Cash held in US bank institutions is currently insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $ 250,000 611,450 0 During the year ended December 31, 2017, 49 14 100 43 24 100 Accounts receivable are carried at their contractual amounts, less an estimate for uncollectible amounts. As of December 31, 2017 and 2016, there were no allowances for uncollectable amounts. Management estimates the allowance for bad debts based on existing economic conditions, the financial conditions of the customers, and the amount and age of past due accounts. Receivables are considered past due if full payment is not received by the contractual due date. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted. The Company carries receivables from certain related and non-related parties. The receivables are carried at their contractual amounts. Management evaluates the collectability of the receivables at least quarterly. Management estimates the reserve for uncollectibility based on existing economic conditions, the financial conditions of the counterparties, and the amount and age of past due receivables. Receivables are considered past due if full payment is not received by the contractual due date. Past due amounts are generally written off against the reserve for uncollectibility only after all collection attempts have been exhausted. See Note 7 – Related Party Transactions for additional details. Inventory is comprised of CFV thermal management solutions and heatsinks, which are available for sale. Inventories are stated at the lower of cost and net realizable value. Cost is determined by the first-in, first-out method. Inventory that is sold to third parties is included within cost of sales and inventory that is given as samples is included within operating expenses. The Company periodically reviews for slow-moving, excess or obsolete inventories. Products that are determined to be obsolete, if any, are written down to net realizable value. As of December 31, 2017 and 2016, the Company’s inventory was comprised solely of finished goods. Property and equipment are stated at cost, net of accumulated depreciation which is recorded commencing at the in-service date using the straight-line method at rates sufficient to charge the cost of depreciable assets to operations over their estimated useful lives, which range from 3 7 The Company reviews for the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment loss would be recognized when estimated future cash flows expected to result from the use of the asset and its eventual disposition are less than its carrying amount. The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures” (“ASC 820”) which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example, cash flow modeling inputs based on assumptions) The carrying amounts of the Company’s financial instruments, such as cash, accounts receivable, interest receivable, other current receivable, notes receivable and accrued expenses and other current liabilities approximate fair values due to the short-term nature of these instruments. The carrying amounts of the Company’s short–term credit obligations approximate fair value because the effective yields on these obligations, which include contractual interest rates, are comparable to rates of returns for instruments of similar credit risk. The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Sales are recognized upon shipment to the customer, free on-board shipping point, or the point of customer acceptance. During the years ended December 31, 2017 and 2016, the Company recognized $ 235,584 6,900 See Note 3 – Summary of Significant Accounting Policies – Recent Accounting Pronouncements for details surrounding the Company’s adoption of ASC 606 – Revenue Recognition. Research and development expenses are charged to operations as incurred. During the years ended December 31, 2017 and 2016, the Company incurred $ 801,055 424,726 The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on vesting dates and interim financial reporting dates until the service period is complete. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. The fair value of the Company’s restricted equity instruments was estimated by management based on observations of the cash sales prices of both restricted shares and freely tradable shares. Awards granted to directors are treated on the same basis as awards granted to employees. Upon the exercise of an option or warrant, the Company issues new shares of common stock out of its authorized shares. Basic net loss per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding during the period. During the years ended December 31, 2017 and 2016, 678,310 4,015,886 As of December 31, 2017 and 2016, 312,500 1,062,500 The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of items that have been included or excluded in the financial statements or tax returns. Deferred tax assets and liabilities are determined on the basis of the difference between the tax basis of assets and liabilities and their respective financial reporting amounts (“temporary differences”) at enacted tax rates in effect for the years in which the temporary differences are expected to reverse. The Company utilizes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the Company’s financial statements as of December 31, 2017 and 2016. The Company does not expect any significant changes in its unrecognized tax benefits within twelve months of the reporting date. The Company’s policy is to classify assessments, if any, for tax related interest as interest expense and penalties as selling, general and administrative expenses in the consolidated statements of operations. See Note 8 – Income Taxes for additional details including the effects of the tax cuts and Jobs Act enacted in December 2017. In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” (“ASU 2014-09”). ASU 2014-09 supersedes the revenue recognition requirements in ASC 605 - Revenue Recognition (“ASC 605”) and most industry-specific guidance throughout ASC 605. The FASB has issued numerous updates that provide clarification on a number of specific issues as well as requiring additional disclosures. The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing U.S. GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The guidance may be adopted through either retrospective application to all periods presented in the financial statements (full retrospective approach) or through a cumulative effect adjustment to retained earnings at the effective date (modified retrospective approach). The guidance was revised in July 2015 to be effective for public companies for annual and interim periods beginning on or after December 15, 2017. The Company plans to adopt ASC 606 effective January 1, 2018 using the modified retrospective method. As of the date of filing, the Company has not completed its ASC 606 implementation process and, as a result, cannot disclose the quantitative impact of adoption on its financial statements. That being said, based on its preliminary analysis, the Company believes that revenue related to product sales, which represented approximately 88 100 12 0 In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes,” (“ASU 2015-17”). The FASB issued ASU 2015-17 as part of its ongoing Simplification Initiative, with the objective of reducing complexity in accounting standards. The amendments in ASU 2015-17 require entities that present a classified balance sheet to classify all deferred tax liabilities and assets as a noncurrent amount. This guidance does not change the offsetting requirements for deferred tax liabilities and assets, which results in the presentation of one amount on the balance sheet. Additionally, the amendments in ASU 2015-17 align the deferred income tax presentation with the requirements in International Accounting Standards (IAS) 1, Presentation of Financial Statements. The amendments in ASU 2015-17 are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company adopted this standard effective January 1, 2017 and its adoption did not have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842),” (“ASU 2016-02”). ASU 2016-02 requires an entity to recognize assets and liabilities arising from a lease for both financing and operating leases. ASU 2016-02 will also require new qualitative and quantitative disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating ASU 2016-02 and its impact on its consolidated financial position, results of operations, and cash flows. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 will make eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017. ASU 2016-15 requires adoption on a retrospective basis unless it is impracticable to apply, in which case the Company would be required to apply the amendments prospectively as of the earliest date practicable. The Company adopted ASU 2016-15 effective January 1, 2018 and its adoption did not have a material impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09, “Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting,” (“ASU 2017-09”). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for fiscal years beginning after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company is currently evaluating ASU 2017-09 and its impact on its consolidated financial position, results of operations, and cash flows. In July 2017, the FASB issued ASU No. 2017-11, “Earnings Per Share (Topic 260) and Derivatives and Hedging (Topic 815) — Accounting for Certain Financial Instruments with Down Round Features,” (“ASU 2017-11”). Equity-linked instruments, such as warrants and convertible instruments may contain down round features that result in the strike price being reduced on the basis of the pricing of future equity offerings. Under ASU 2017-11, a down round feature will no longer require a freestanding equity-linked instrument (or embedded conversion option) to be classified as a liability that is remeasured at fair value through the income statement (i.e. marked-to-market). However, other features of the equity-linked instrument (or embedded conversion option) must still be evaluated to determine whether liability or equity classification is appropriate. Equity classified instruments are not marked-to-market. For earnings per share (“EPS”) reporting, the ASU requires companies to recognize the effect of the down round feature only when it is triggered by treating it as a dividend and as a reduction of income available to common shareholders in basic EPS. The amendments in this ASU are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating ASU 2017-11 and its impact on its consolidated financial position, results of operations, and cash flows.

PREPAID EXPENSES

PREPAID EXPENSES	12 Months Ended
	Dec. 31, 2017
Prepaid Expense, Current [Abstract]
Prepaid Expenses Disclosure [Text Block]	NOTE 4 PREPAID EXPENSES December 31, 2017 2016 Business development services $ 40,000 $ - Research and development services 25,000 - Professional fees 10,000 - Salary - 7,500 Conference fees - 4,844 Other 31,466 - Total prepaid expenses $ 106,466 $ 12,344

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	PROPERTY AND EQUIPMENT December 31, 2017 2016 Computer equipment $ 8,402 $ 1,829 Leasehold improvement 8,834 - Software 5,656 - Machinery and equipment 17,954 - Research and development equipment 12,811 - 53,657 1,829 Less: accumulated deprecation (10,164) (1,367) Property and equipment, net $ 43,493 $ 462 Depreciation expense amounted to $ 8,797 656

ACCRUED EXPENSES AND OTHER CURR

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2017
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES December 31, 2017 2016 Accrued legal and professional fees $ 71,241 $ 18,000 Accrued salaries and benefits 69,425 - Payroll and income tax payable 14,223 36,422 Accrued research and development expenses 14,611 6,250 Credit card payable 28,363 9,521 Other 28,103 2,252 Total accrued expenses and other current liabilities $ 225,966 $ 72,445

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	RELATED PARTY TRANSACTIONS See Note 9 – Stockholders’ Equity – Common Stock Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities – related parties consists of (a) a liability of $ 0 78,000 254,000 274,000 0 8,000 Note Receivable On June 13, 2017, the Company collected the $ 85,000 3,488 1,336 2,152 Consulting Agreements On June 2, 2014, KULR entered into consulting agreements with its CEO and CTO. The agreements provide for a monthly retainer of $6,250 for June 2014 through November 2014 and $6,500 thereafter. The term of each agreement is twelve months and provide for automatic extensions, in the absence of termination. The consulting agreements were terminated in connection with the closing of the Share Exchange. During the years ended December 31, 2017 and 2016, the Company recorded aggregate expense of $ 57,000 156,000 On November 11, 2017, the Company’s CEO and CTO waived $ 25,000 110,000 135,000 During the years ended December 31, 2017 and 2016, the Company recorded research and development expense of $ 407,324 317,322

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 8 INCOME TAXES For The Year Ended December 31, 2017 2016 Federal: Current $ - $ - Deferred (393,945) (277,950) State and local: Current 800 800 Deferred (175,455) (49,850) (568,600) (327,000) Change in valuation allowance 569,400 327,800 Income tax provision $ 800 $ 800 Only minimum state income tax obligations have been recorded for the years ended December 31, 2017 and 2016 because the Company had net operating losses for federal and state tax purposes. The net operating loss carryovers may be subject to annual limitations under Internal Revenue Code Section 382, and similar state provisions, should there be a greater than 50% ownership change as determined under the applicable income tax regulations. For The Year Ended December 31, 2017 2016 Tax benefit at federal statutory rate (34.0) % (34.0) % State income taxes, net of federal benefit (6.0) % (5.9) % Permanent differences 0.4 % 0.1 % Incremental research and development tax credits (2.9) % Change in valuation allowance 20.8 % 39.9 % Change in federal tax rate 21.7 % 0.0 % Effective income tax rate 0.0 % 0.1 % The Company has determined that a valuation allowance for the entire net deferred tax asset is required. A valuation allowance is required if, based on the weight of evidence, it is more likely than not that some or the entire portion of the deferred tax asset will not be realized. After consideration of all the evidence, both positive and negative, management has determined that a full valuation allowance is necessary to reduce the deferred tax asset to zero, the amount that will more likely not be realized. For The Year Ended December 31, 2017 2016 Deferred Tax Assets: Net operating loss carryforwards $ 1,062,400 $ 722,500 Research and development credit carryforwards 79,000 - Stock-based compensation 184,400 33,900 Gross deferred tax assets 1,325,800 756,400 Valuation allowance (1,325,800) (756,400) Deferred tax asset, net of valuation allowance $ - $ - Changes in valuation allowance $ 569,400 $ 327,800 At December 31, 2017 and 2016, the Company had net operating loss carry forwards for federal and state income tax purposes of approximately $ 3.9 1.8 The Company’s tax returns are subject to examination by tax authorities beginning with the year ended December 31, 2014 (or the tax year ended December 31, 2013 if the Company were to utilize its NOLs) The Tax Cuts and Jobs Act (the "Act") was enacted in December 2017. Among other things, the primary provision of Tax Reform impacting the Company is the reduction to the U.S. corporate income tax rate from 35 21 0.6 0.6

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	STOCKHOLDERS' EQUITY Reverse Recapitalization See Note 1 - Business Organization and Nature of Operations - Reverse Recapitalization for details of the Share Exchange. Authorized Capital The Company is authorized to issue 100,000,000 0.0001 20,000,000 0.0001 1,000,000 Series A Voting Preferred Stock The Series A Voting Preferred Stock are not convertible into any series or class of stock of the Company. In addition, holders of the Series A Voting Preferred Stock shall not be entitled to receive dividends, nor shall them have right to distribution from the assets of the Company in the event of any liquidation, dissolution, or winding up of the Company. Each record holder of Series A Voting Preferred Stock shall have the right to vote on any matter with holders of the Company’s common stock and other securities entitled to vote, if any, voting together as one (1) class. Each record holder of Series A Voting Preferred Stock has that number of votes equal to one-hundred (100) votes per share of Series A Voting Preferred Stock held by such holder. Common Stock During the year ended December 31, 2016, the Company sold an aggregate of 2,666,668 400,000 1,000,000 150,000 During the year ended December 31, 2017, the Company received aggregate consideration of $ 32,000 2,000 During the years ended December 31, 2017 and 2016, the Company recognized stock-based compensation expense of $ 598,204 35,915 277,823 216,838 0.4 Weighted Average Grant Date Total Number of Fair Value Grant Date Shares Per Share Fair Value Non-vested, December 31, 2016 1,062,500 $ 0.99 $ 1,051,875 Granted - - - Vested (750,000) (0.99) (742,500) Forfeited - - - Non-vested, December 31, 2017 312,500 $ 0.99 $ 309,375

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	COMMITMENTS AND CONTINGENCIES Operating Lease On September 2, 2014, KULR entered into a lease agreement to lease 5,296 4,237 4,364 8,474 4,825 3,647 On January 1, 2017, KT High-Tech entered into a one-year lease agreement to lease 5,296 4,364 531 8,729 58,743 53,822 4,452 531

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 11 SUBSEQUENT EVENTS Patent License Agreement On March 21, 2018, the Company entered into an agreement with the National Renewable Energy Laboratory (“NREL”) granting the Company an exclusive license to commercialize its patented Internal Short Circuit technology. The agreement shall be effective for as long as the licensed patents are enforceable, subject to certain early termination provisions specified in the agreement. In consideration, the Company agreed to pay to NREL the following: (i) a cash payment of $ 12,000 1.5 3.75 0 7,500

SUMMARY OF SIGNIFICANT ACCOUN18

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements of the Company include the accounts of KT High-Tech and its wholly-owned subsidiary, KULR. All significant intercompany transactions have been eliminated in the consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the financial statements. The Company’s significant estimates used in these financial statements include, but are not limited to, stock-based compensation, the collectability of receivables, inventory valuations, the recoverability and useful lives of long-lived assets and the valuation allowance related to the Company’s deferred tax assets. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	The Company maintains cash with major financial institutions. Cash held in US bank institutions is currently insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $ 250,000 611,450 0 During the year ended December 31, 2017, 49 14 100 43 24 100
Trade and Other Accounts Receivable, Policy [Policy Text Block]	Accounts Receivable Accounts receivable are carried at their contractual amounts, less an estimate for uncollectible amounts. As of December 31, 2017 and 2016, there were no allowances for uncollectable amounts. Management estimates the allowance for bad debts based on existing economic conditions, the financial conditions of the customers, and the amount and age of past due accounts. Receivables are considered past due if full payment is not received by the contractual due date. Past due accounts are generally written off against the allowance for bad debts only after all collection attempts have been exhausted.
Loans And Other Receivables [Policy Text Block]	Loan and Other Receivables The Company carries receivables from certain related and non-related parties. The receivables are carried at their contractual amounts. Management evaluates the collectability of the receivables at least quarterly. Management estimates the reserve for uncollectibility based on existing economic conditions, the financial conditions of the counterparties, and the amount and age of past due receivables. Receivables are considered past due if full payment is not received by the contractual due date. Past due amounts are generally written off against the reserve for uncollectibility only after all collection attempts have been exhausted. See Note 7 – Related Party Transactions for additional details.
Inventory, Policy [Policy Text Block]	Inventory Inventory is comprised of CFV thermal management solutions and heatsinks, which are available for sale. Inventories are stated at the lower of cost and net realizable value. Cost is determined by the first-in, first-out method. Inventory that is sold to third parties is included within cost of sales and inventory that is given as samples is included within operating expenses. The Company periodically reviews for slow-moving, excess or obsolete inventories. Products that are determined to be obsolete, if any, are written down to net realizable value. As of December 31, 2017 and 2016, the Company’s inventory was comprised solely of finished goods.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and equipment are stated at cost, net of accumulated depreciation which is recorded commencing at the in-service date using the straight-line method at rates sufficient to charge the cost of depreciable assets to operations over their estimated useful lives, which range from 3 7 The Company reviews for the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. An impairment loss would be recognized when estimated future cash flows expected to result from the use of the asset and its eventual disposition are less than its carrying amount.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company measures the fair value of financial assets and liabilities based on the guidance of ASC 820 “Fair Value Measurements and Disclosures” (“ASC 820”) which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 — quoted prices in active markets for identical assets or liabilities Level 2 — quoted prices for similar assets and liabilities in active markets or inputs that are observable Level 3 — inputs that are unobservable (for example, cash flow modeling inputs based on assumptions) The carrying amounts of the Company’s financial instruments, such as cash, accounts receivable, interest receivable, other current receivable, notes receivable and accrued expenses and other current liabilities approximate fair values due to the short-term nature of these instruments. The carrying amounts of the Company’s short–term credit obligations approximate fair value because the effective yields on these obligations, which include contractual interest rates, are comparable to rates of returns for instruments of similar credit risk.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company recognizes revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. Sales are recognized upon shipment to the customer, free on-board shipping point, or the point of customer acceptance. During the years ended December 31, 2017 and 2016, the Company recognized $ 235,584 6,900 See Note 3 – Summary of Significant Accounting Policies – Recent Accounting Pronouncements for details surrounding the Company’s adoption of ASC 606 – Revenue Recognition.
Research and Development Expense, Policy [Policy Text Block]	Research and Development Research and development expenses are charged to operations as incurred. During the years ended December 31, 2017 and 2016, the Company incurred $ 801,055 424,726
Compensation Related Costs, Policy [Policy Text Block]	Stock-Based Compensation The Company measures the cost of services received in exchange for an award of equity instruments based on the fair value of the award. For employees, the fair value of the award is measured on the grant date and for non-employees, the fair value of the award is generally re-measured on vesting dates and interim financial reporting dates until the service period is complete. The fair value amount is then recognized over the period during which services are required to be provided in exchange for the award, usually the vesting period. The fair value of the Company’s restricted equity instruments was estimated by management based on observations of the cash sales prices of both restricted shares and freely tradable shares. Awards granted to directors are treated on the same basis as awards granted to employees. Upon the exercise of an option or warrant, the Company issues new shares of common stock out of its authorized shares.
Earnings Per Share, Policy [Policy Text Block]	Basic net loss per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding during the period. During the years ended December 31, 2017 and 2016, 678,310 4,015,886 As of December 31, 2017 and 2016, 312,500 1,062,500
Income Tax, Policy [Policy Text Block]	Income Taxes The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of items that have been included or excluded in the financial statements or tax returns. Deferred tax assets and liabilities are determined on the basis of the difference between the tax basis of assets and liabilities and their respective financial reporting amounts (“temporary differences”) at enacted tax rates in effect for the years in which the temporary differences are expected to reverse. The Company utilizes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Management has evaluated and concluded that there were no material uncertain tax positions requiring recognition in the Company’s financial statements as of December 31, 2017 and 2016. The Company does not expect any significant changes in its unrecognized tax benefits within twelve months of the reporting date. The Company’s policy is to classify assessments, if any, for tax related interest as interest expense and penalties as selling, general and administrative expenses in the consolidated statements of operations. See Note 8 – Income Taxes for additional details including the effects of the tax cuts and Jobs Act enacted in December 2017.
New Accounting Pronouncements, Policy [Policy Text Block]	In May 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606),” (“ASU 2014-09”). ASU 2014-09 supersedes the revenue recognition requirements in ASC 605 - Revenue Recognition (“ASC 605”) and most industry-specific guidance throughout ASC 605. The FASB has issued numerous updates that provide clarification on a number of specific issues as well as requiring additional disclosures. The core principle of ASC 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. ASC 606 defines a five-step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than required under existing U.S. GAAP including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. The guidance also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The guidance may be adopted through either retrospective application to all periods presented in the financial statements (full retrospective approach) or through a cumulative effect adjustment to retained earnings at the effective date (modified retrospective approach). The guidance was revised in July 2015 to be effective for public companies for annual and interim periods beginning on or after December 15, 2017. The Company plans to adopt ASC 606 effective January 1, 2018 using the modified retrospective method. As of the date of filing, the Company has not completed its ASC 606 implementation process and, as a result, cannot disclose the quantitative impact of adoption on its financial statements. That being said, based on its preliminary analysis, the Company believes that revenue related to product sales, which represented approximately 88 100 12 0 In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes,” (“ASU 2015-17”). The FASB issued ASU 2015-17 as part of its ongoing Simplification Initiative, with the objective of reducing complexity in accounting standards. The amendments in ASU 2015-17 require entities that present a classified balance sheet to classify all deferred tax liabilities and assets as a noncurrent amount. This guidance does not change the offsetting requirements for deferred tax liabilities and assets, which results in the presentation of one amount on the balance sheet. Additionally, the amendments in ASU 2015-17 align the deferred income tax presentation with the requirements in International Accounting Standards (IAS) 1, Presentation of Financial Statements. The amendments in ASU 2015-17 are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company adopted this standard effective January 1, 2017 and its adoption did not have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842),” (“ASU 2016-02”). ASU 2016-02 requires an entity to recognize assets and liabilities arising from a lease for both financing and operating leases. ASU 2016-02 will also require new qualitative and quantitative disclosures to help investors and other financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating ASU 2016-02 and its impact on its consolidated financial position, results of operations, and cash flows. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230) Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 will make eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017. ASU 2016-15 requires adoption on a retrospective basis unless it is impracticable to apply, in which case the Company would be required to apply the amendments prospectively as of the earliest date practicable. The Company adopted ASU 2016-15 effective January 1, 2018 and its adoption did not have a material impact on the Company’s consolidated financial statements. In May 2017, the FASB issued ASU No. 2017-09, “Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting,” (“ASU 2017-09”). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for fiscal years beginning after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company is currently evaluating ASU 2017-09 and its impact on its consolidated financial position, results of operations, and cash flows. In July 2017, the FASB issued ASU No. 2017-11, “Earnings Per Share (Topic 260) and Derivatives and Hedging (Topic 815) — Accounting for Certain Financial Instruments with Down Round Features,” (“ASU 2017-11”). Equity-linked instruments, such as warrants and convertible instruments may contain down round features that result in the strike price being reduced on the basis of the pricing of future equity offerings. Under ASU 2017-11, a down round feature will no longer require a freestanding equity-linked instrument (or embedded conversion option) to be classified as a liability that is remeasured at fair value through the income statement (i.e. marked-to-market). However, other features of the equity-linked instrument (or embedded conversion option) must still be evaluated to determine whether liability or equity classification is appropriate. Equity classified instruments are not marked-to-market. For earnings per share (“EPS”) reporting, the ASU requires companies to recognize the effect of the down round feature only when it is triggered by treating it as a dividend and as a reduction of income available to common shareholders in basic EPS. The amendments in this ASU are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted, including adoption in any interim period. The Company is currently evaluating ASU 2017-11 and its impact on its consolidated financial position, results of operations, and cash flows.

PREPAID EXPENSES (Tables)

PREPAID EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2017
Prepaid Expense, Current [Abstract]
Schedule of Prepaid Expenses [Table Text Block]	As of December 31, 2017 and 2016, prepaid expenses and other current assets consisted of the following: December 31, 2017 2016 Business development services $ 40,000 $ - Research and development services 25,000 - Professional fees 10,000 - Salary - 7,500 Conference fees - 4,844 Other 31,466 - Total prepaid expenses $ 106,466 $ 12,344

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	As of December 31, 2017 and 2016, property and equipment consisted of the following: December 31, 2017 2016 Computer equipment $ 8,402 $ 1,829 Leasehold improvement 8,834 - Software 5,656 - Machinery and equipment 17,954 - Research and development equipment 12,811 - 53,657 1,829 Less: accumulated deprecation (10,164) (1,367) Property and equipment, net $ 43,493 $ 462

ACCRUED EXPENSES AND OTHER CU21

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2017
Accounts Payable and Accrued Liabilities, Current [Abstract]
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	As of December 31, 2017 and 2016, accrued expenses and other current liabilities consisted of the following: December 31, 2017 2016 Accrued legal and professional fees $ 71,241 $ 18,000 Accrued salaries and benefits 69,425 - Payroll and income tax payable 14,223 36,422 Accrued research and development expenses 14,611 6,250 Credit card payable 28,363 9,521 Other 28,103 2,252 Total accrued expenses and other current liabilities $ 225,966 $ 72,445

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The income tax provision for the years ended December 31, 2017 and 2016 consists of the following: For The Year Ended December 31, 2017 2016 Federal: Current $ - $ - Deferred (393,945) (277,950) State and local: Current 800 800 Deferred (175,455) (49,850) (568,600) (327,000) Change in valuation allowance 569,400 327,800 Income tax provision $ 800 $ 800
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows: For The Year Ended December 31, 2017 2016 Tax benefit at federal statutory rate (34.0) % (34.0) % State income taxes, net of federal benefit (6.0) % (5.9) % Permanent differences 0.4 % 0.1 % Incremental research and development tax credits (2.9) % Change in valuation allowance 20.8 % 39.9 % Change in federal tax rate 21.7 % 0.0 % Effective income tax rate 0.0 % 0.1 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The tax effects of temporary differences that give rise to deferred tax assets and liabilities are presented below: For The Year Ended December 31, 2017 2016 Deferred Tax Assets: Net operating loss carryforwards $ 1,062,400 $ 722,500 Research and development credit carryforwards 79,000 - Stock-based compensation 184,400 33,900 Gross deferred tax assets 1,325,800 756,400 Valuation allowance (1,325,800) (756,400) Deferred tax asset, net of valuation allowance $ - $ - Changes in valuation allowance $ 569,400 $ 327,800

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2017
Restricted Stock [Member]
Share-based Compensation, Activity [Table Text Block]	A summary of restricted stock award activity during the year ended December 31, 2017 is presented below: Weighted Average Grant Date Total Number of Fair Value Grant Date Shares Per Share Fair Value Non-vested, December 31, 2016 1,062,500 $ 0.99 $ 1,051,875 Granted - - - Vested (750,000) (0.99) (742,500) Forfeited - - - Non-vested, December 31, 2017 312,500 $ 0.99 $ 309,375

BUSINESS ORGANIZATION AND NAT24

BUSINESS ORGANIZATION AND NATURE OF OPERATIONS (Details Textual) - shares	1 Months Ended
	Jun. 19, 2017	Jun. 08, 2017
Equity Method Investment, Ownership Percentage	64.57%
KULR Technology Corporation [Member]
Reverse Recapitalization, Number of Shares to be Acquired	25,000,000
Stock Issued During Period, Shares, New Issues	50,000,000
Percentage of Shareholders		100.00%

GOING CONCERN AND MANAGEMENT_25

GOING CONCERN AND MANAGEMENT’S PLANS (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and Cash Equivalents, at Carrying Value	$ 895,761	$ 9,087	$ 138,753
Working Capital	696,213
Retained Earnings (Accumulated Deficit)	(4,358,320)	(1,933,810)
Net Income (Loss) Attributable to Parent	$ (2,424,510)	$ (822,328)

SUMMARY OF SIGNIFICANT ACCOUN26

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Research and Development Expense Including Related Party	$ 801,055	$ 424,726
Weighted Average Shares of Unvested Common stock Excluded From Common Stock Outstanding	678,310	4,015,886
Cash, FDIC Insured Amount	$ 250,000
Cash, Uninsured Amount	$ 611,450	$ 0
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	312,500	1,062,500
Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Sales Revenue, Product Line [Member]
Concentration Risk, Percentage	88.00%	100.00%
Sales Revenue, Services, Net [Member]
Concentration Risk, Percentage	12.00%	0.00%
PCM Heat Sinks and CFV Thermal Interfaces [Member]
Recognition of Deferred Revenue	$ 235,584	$ 6,900
Customer A [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage		100.00%
Customer A [Member] | Accounts Receivable [Member]
Concentration Risk, Percentage		100.00%
Customer B [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	14.00%
Customer B [Member] | Accounts Receivable [Member]
Concentration Risk, Percentage	24.00%
Customer E [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage	49.00%
Customer E [Member] | Accounts Receivable [Member]
Concentration Risk, Percentage	43.00%

PREPAID EXPENSES (Details)

PREPAID EXPENSES (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Total prepaid expenses	$ 106,466	$ 12,344
Business development services [Member]
Business development services	40,000	0
Research and development services	25,000	0
Professional fees	10,000	0
Salary	0	7,500
Conference fees	0	4,844
Other	31,466	0
Total prepaid expenses	$ 106,466	$ 12,344

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 53,657	$ 1,829
Less: accumulated deprecation	(10,164)	(1,367)
Property and equipment, net	43,493	462
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	8,402	1,829
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	8,834	0
Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	5,656	0
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	17,954	0
Research And Development Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 12,811	$ 0

PROPERTY AND EQUIPMENT (Detai29

PROPERTY AND EQUIPMENT (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Depreciation	$ 8,797	$ 656

ACCRUED EXPENSES AND OTHER CU30

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Accrued legal and professional fees	$ 71,241	$ 18,000
Accrued salaries and benefits	69,425	0
Payroll and income tax payable	14,223	36,422
Accrued research and development expenses	14,611	6,250
Credit card payable	28,363	9,521
Other	28,103	2,252
Total accrued expenses and other current liabilities	$ 225,966	$ 72,445

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Textual) - USD ($)	Nov. 11, 2017	Jun. 13, 2017	Jun. 02, 2014	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Accounts Payable and Other Accrued Liabilities, Current				$ 225,966	$ 72,445
Repayment of Notes Receivable from Related Parties		$ 85,000		85,000	0
Interest Receivable, Current				0	2,152
Retainer Fee Description			KULR entered into consulting agreements with its CEO and CTO. The agreements provide for a monthly retainer of $6,250 for June 2014 through November 2014 and $6,500 thereafter.
Adjustments to Additional Paid in Capital, Other	$ 135,000			135,000
Research and Development Expense				361,231	29,404
Interest Income, Notes Receivable				1,336	2,152
Consulting Agreements [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party				57,000	156,000
KT High-Tech [Member]
Related Party Transaction [Line Items]
Accounts Payable and Other Accrued Liabilities, Current				0	8,000
Chief Technology Officer CTO [Member]
Related Party Transaction [Line Items]
Accounts Payable and Other Accrued Liabilities, Current				0	78,000
Adjustments to Additional Paid in Capital, Other	110,000
Energy Science Laboratories, Inc ESLI [Member]
Related Party Transaction [Line Items]
Accounts Payable and Other Accrued Liabilities, Current				254,000	274,000
Research and Development Expense				$ 407,324	$ 317,322
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Interest Receivable, Current		$ 3,488
Adjustments to Additional Paid in Capital, Other	$ 25,000

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Federal:
Current	$ 0	$ 0
Deferred	(393,945)	(277,950)
State and local:
Current	800	800
Deferred	(175,455)	(49,850)
Income Tax Expense Benefit, Federal, State And local, Net	(568,600)	(327,000)
Change in valuation allowance	569,400	327,800
Income tax provision	$ 800	$ 800

INCOME TAXES (Details1)

INCOME TAXES (Details1)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Tax benefit at federal statutory rate	(34.00%)	(34.00%)
State income taxes, net of federal benefit	(6.00%)	(5.90%)
Permanent differences	0.40%	0.10%
Incremental research and development tax credits	(2.90%)
Change in valuation allowance	20.80%	39.90%
Change in federal tax rate	21.70%	0.00%
Effective income tax rate	0.00%	0.10%

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Components of Deferred Tax Assets [Abstract]
Net operating loss carryforwards	$ 1,062,400	$ 722,500
Research and development credit carryforwards	79,000	0
Stock-based compensation	184,400	33,900
Gross deferred tax assets	1,325,800	756,400
Valuation allowance	(1,325,800)	(756,400)
Deferred tax asset, net of valuation allowance	0	0
Changes in valuation allowance	$ 569,400	$ 327,800

INCOME TAXES (Details Textual)

INCOME TAXES (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Operating Loss Carryforwards		$ 3,900,000	$ 1,800,000
Operating Loss Carryforwards, Limitations on Use		The net operating loss carryovers may be subject to annual limitations under Internal Revenue Code Section 382, and similar state provisions, should there be a greater than 50% ownership change as determined under the applicable income tax regulations.
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		34.00%	34.00%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount		$ 600,000
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount		$ 569,400	$ 327,800
Scenario, Plan [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Restricted Stock [Member]	12 Months Ended
	Dec. 31, 2017USD ($)$ / sharesshares
Number ofshares, Non-vested, December 31, 2016 | shares	1,062,500
Number ofshares, Granted | shares	0
Number ofshares, Vested | shares	(750,000)
Number ofshares, Forfeited | shares	0
Number ofshares, Non-vested, December 31, 2017 | shares	312,500
Weighted Average Grant Date Fair Value Per Share, Non-vested, December 31, 2016 | $ / shares	$ 0.99
Weighted Average Grant Date Fair Value Per Share, Granted | $ / shares	0
Weighted Average Grant Date Fair Value Per Share, Vested | $ / shares	(0.99)
Weighted Average Grant Date Fair Value Per Share, Forfeited | $ / shares	0
Weighted Average Grant Date Fair Value Per Share, Non-vested, December 31, 2017 | $ / shares	$ 0.99
Total Grant Date Fair Value, Non-vested, December 31, 2016 | $	$ 1,051,875
Total Grant Date Fair Value, Granted | $	0
Total Grant Date Fair Value, Vested | $	(742,500)
Total Grant Date Fair Value, Forfeited | $	0
Total Grant Date Fair Value, Non-vested, December 31, 2017 | $	$ 309,375

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Common Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Preferred Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Stock Issued During Period, Value, New Issues		$ 400,000
Stock Issued During Period, Shares, Issued for Services		1,000,000
Stock Issued During Period, Value, Issued for Services		$ 150,000
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 32,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	277,823
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Subject to Re-measurement	$ 216,838
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	4 months 24 days
General and Administrative Expense [Member]
Allocated Share-based Compensation Expense	$ 598,204	$ 35,915
Related Parties [Member]
Stock Issued During Period, Value, Restricted Stock Award, Gross	$ 2,000
Investor [Member]
Stock Issued During Period, Shares, New Issues		2,666,668
Stock Issued During Period, Value, New Issues		$ 400,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Voting Rights	Each record holder of Series A Voting Preferred Stock has that number of votes equal to one-hundred (100) votes per share of Series A Voting Preferred Stock held by such holder.

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Textual)	Jan. 02, 2017USD ($)ft²	Sep. 02, 2014USD ($)ft²	Dec. 30, 2017USD ($)	Jan. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Area of Land | ft²	5,296	5,296
Operating Lease, Base Rent	$ 4,364		$ 4,452
Operating Lease, Association Fees	531		$ 531
Payments Made for Security Deposit	$ 8,729	$ 8,474
Operating Leases, Rent Expense					$ 4,825	$ 58,743	$ 53,822
Proceeds On Return Of Security Deposit				$ 3,647
Minimum [Member]
Operating Lease, Base Rent		4,237
Maximum [Member]
Operating Lease, Base Rent		$ 4,364

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - Subsequent Event [Member] - National Renewable Energy Laboratory [Member]	1 Months Ended
	Mar. 21, 2018USD ($)
Subsequent Event [Line Items]
License Costs	$ 12,000
Minimum [Member]
Subsequent Event [Line Items]
Royalty Rate	1.50%
Royalty Expense	$ 0
Maximum [Member]
Subsequent Event [Line Items]
Royalty Rate	3.75%
Royalty Expense	$ 7,500