$KULR
KULR Technology Group, Inc. Stock $kulr

$kulr Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-K Financial Statement

#000114420418020894 Filed on April 17, 2018

Income Statement

Concept	2018 Q2	2017	2016 Q4
Revenue	$171.1K	$235.6K
YoY Change	1469.64%	3314.26%
Cost Of Revenue	$33.47K	$156.6K
YoY Change	-40.44%	1921.02%
Gross Profit	$137.6K	$78.98K
YoY Change	-403.83%	-9402.12%
Gross Profit Margin	80.44%	33.52%
Selling, General & Admin	$663.0K	$1.691M
YoY Change	99.45%	324.85%
% of Gross Profit	481.77%	2141.77%
Research & Development	$119.0K	$361.2K
YoY Change	226.51%	1128.51%
% of Gross Profit	86.47%	457.4%
Depreciation & Amortization	$0.00	$8.797K	$0.00
YoY Change		1241.01%
% of Gross Profit	0.0%	11.14%
Operating Expenses	$782.0K	$2.493M
YoY Change	22.42%	202.91%
Operating Profit	-$644.4K	-$2.414M
YoY Change	-5.8%	193.01%
Interest Expense		$2.963K
YoY Change
% of Operating Profit
Other Income/Expense, Net		-$10.96K
YoY Change		-603.63%
Pretax Income		-$2.424M
YoY Change		195.02%
Income Tax		$0.00
% Of Pretax Income
Net Earnings	-$644.6K	-$2.425M
YoY Change	-6.68%	194.83%
Net Earnings / Revenue	-376.77%	-1029.15%
Basic Earnings Per Share
Diluted Earnings Per Share		-$37.89K
COMMON SHARES
Basic Shares Outstanding	77.44M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q2	2017	2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$110.0K	$895.8K
YoY Change	-95.02%	9754.35%
Cash & Equivalents	$108.0K		$9.087K
Short-Term Investments
Other Short-Term Assets	$8.727K	$115.2K	$3.648K
YoY Change	0.0%	620.39%
Inventory	$13.77K	$13.77K	$12.93K
Prepaid Expenses	$41.67K		$12.34K
Receivables	$120.0K	$151.8K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$291.1K	$1.177M	$164.1K
YoY Change	-88.14%	617.13%
LONG-TERM ASSETS
Property, Plant & Equipment	$43.32K	$43.49K	$462.00
YoY Change	100.32%	9354.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$30.00K
YoY Change
Total Long-Term Assets	$73.32K	$43.50K	$462.00
YoY Change	239.05%	9155.32%
TOTAL ASSETS
Total Short-Term Assets	$291.1K	$1.177M	$164.1K
Total Long-Term Assets	$73.32K	$43.50K	$462.00
Total Assets	$364.4K	$1.220M	$164.5K
YoY Change	-85.28%	641.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$500.0K	$423.8K	$13.49K
YoY Change	-29.58%	0.94%	259.84%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$787.4K	$480.3K	$431.7K
YoY Change	6.47%	11.26%	11411.63%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities			$224.0K
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$224.0K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$787.4K	$480.3K	$431.7K
Total Long-Term Liabilities	$0.00	$0.00	$224.0K
Total Liabilities	$790.0K	$480.3K	$237.5K
YoY Change	6.76%	11.26%	6233.17%
SHAREHOLDERS EQUITY
Retained Earnings	-$5.829M		-$1.934M
YoY Change			47507.34%
Common Stock	$5.406M		$1.664M
YoY Change			71876.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$423.0K	$739.7K	-$267.2K
YoY Change
Total Liabilities & Shareholders Equity	$364.4K	$1.220M	$164.5K
YoY Change	-85.3%	641.52%

Cashflow Statement

Concept	2018 Q2	2017	2016 Q4
OPERATING ACTIVITIES
Net Income	-$644.6K	-$2.425M
YoY Change	-6.68%	194.83%
Depreciation, Depletion And Amortization	$0.00	$8.797K	$0.00
YoY Change		1241.01%
Cash From Operating Activities	-$310.0K	-$1.006M	-$40.00K
YoY Change	-170.45%	69.13%
INVESTING ACTIVITIES
Capital Expenditures	-$10.00K	$51.83K	$0.00
YoY Change	-50.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$1.944M	$0.00
YoY Change	-100.0%	-2387.36%
Cash From Investing Activities	-$10.00K	$1.892M	$0.00
YoY Change	-100.58%	-2326.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		0.000	0.000
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities	-310.0K	-1.006M	-40.00K
Cash From Investing Activities	-10.00K	1.892M	0.000
Cash From Financing Activities		0.000	0.000
Net Change In Cash	-320.0K	886.7K	-40.00K
YoY Change	-114.81%	-783.81%
FREE CASH FLOW
Cash From Operating Activities	-$310.0K	-$1.006M	-$40.00K
Capital Expenditures	-$10.00K	$51.83K	$0.00
Free Cash Flow	-$300.0K	-$1.058M	-$40.00K
YoY Change	-165.22%	77.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2017	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2017	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2017	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2017	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2017Q2	dei	Entity Public Float EntityPublicFloat	0	USD
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CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	739706	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1220016	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	164525	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	895761	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9087	USD
CY2017Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	106466	USD
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	12344	USD
CY2017Q4	us-gaap	Notes Receivable Related Parties Current NotesReceivableRelatedPartiesCurrent	0	USD
CY2016Q4	us-gaap	Notes Receivable Related Parties Current NotesReceivableRelatedPartiesCurrent	85000	USD
CY2017Q4	us-gaap	Interest Receivable Current InterestReceivableCurrent	0	USD
CY2016Q4	us-gaap	Interest Receivable Current InterestReceivableCurrent	2152	USD
CY2017Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	151802	USD
CY2016Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	6900	USD
CY2017Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	0	USD
CY2016Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	30000	USD
CY2017Q4	us-gaap	Due From Other Related Parties Current DueFromOtherRelatedPartiesCurrent	0	USD
CY2016Q4	us-gaap	Due From Other Related Parties Current DueFromOtherRelatedPartiesCurrent	2000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	13767	USD
CY2016Q4	us-gaap	Inventory Net InventoryNet	12932	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	8727	USD
CY2016Q4	us-gaap	Other Assets Current OtherAssetsCurrent	3648	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	1176523	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	164063	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	43493	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	462	USD
CY2017Q4	us-gaap	Assets Assets	1220016	USD
CY2016Q4	us-gaap	Assets Assets	164525	USD
CY2017Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	225966	USD
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CY2016	us-gaap	Revenues Revenues	6900	USD
CY2017	us-gaap	Cost Of Revenue CostOfRevenue	156609	USD
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CY2017	us-gaap	Gross Profit GrossProfit	78975	USD
CY2016	us-gaap	Gross Profit GrossProfit	-849	USD
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2423710	USD
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CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	800	USD
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CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	63981416	shares
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CY2016	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	398130	USD
CY2017	us-gaap	Operating Expenses OperatingExpenses	2491721	USD
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CY2017	us-gaap	Interest Income Related Party InterestIncomeRelatedParty	1336	USD
CY2016	us-gaap	Interest Income Related Party InterestIncomeRelatedParty	2152	USD
CY2017	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	9593	USD
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CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2177	USD
CY2017	us-gaap	Investment Income Interest InvestmentIncomeInterest	256	USD
CY2016	us-gaap	Investment Income Interest InvestmentIncomeInterest	25	USD
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CY2017	us-gaap	Share Based Compensation ShareBasedCompensation	598204	USD
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CY2017	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	135000	USD
CY2017	cik0001662684	Waiver Of Previously Accrued Executive Consulting Fees WaiverOfPreviouslyAccruedExecutiveConsultingFees	135000	USD
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CY2017	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2017Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	3900000	USD
CY2016	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2017	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">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.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q4	cik0001662684	Working Capital WorkingCapital	696213	USD
CY2017	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-393945	USD
CY2014Q2	cik0001662684	Retainer Fee Description RetainerFeeDescription	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.
CY2017	cik0001662684	Income Tax Expense Benefit Federal State And Local Net IncomeTaxExpenseBenefitFederalStateAndLocalNet	-568600	USD
CY2016	cik0001662684	Income Tax Expense Benefit Federal State And Local Net IncomeTaxExpenseBenefitFederalStateAndLocalNet	-327000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	53657	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1829	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10164	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1367	USD
CY2017Q4	cik0001662684	Accrued Salaries And Benefits Current AccruedSalariesAndBenefitsCurrent	69425	USD
CY2016Q4	cik0001662684	Accrued Salaries And Benefits Current AccruedSalariesAndBenefitsCurrent	0	USD
CY2017Q2	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	85000	USD
CY2017Q4	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	135000	USD
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	800	USD
CY2017	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-175455	USD
CY2016	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-49850	USD
CY2017	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	569400	USD
CY2016	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	327800	USD
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.004	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.001	pure
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.208	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.399	pure
CY2017	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0	pure
CY2016	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.001	pure
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1062400	USD
CY2016Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	722500	USD
CY2017Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	184400	USD
CY2016Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	33900	USD
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	1325800	USD
CY2016Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	756400	USD
CY2017Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1325800	USD
CY2016Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	756400	USD
CY2017Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2016Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2017	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	569400	USD
CY2016	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	327800	USD
CY2016	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	1000000	shares
CY2016	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	150000	USD
CY2017Q1	cik0001662684	Operating Leasebase Rent OperatingLeasebaseRent	4364	USD
CY2017Q1	cik0001662684	Operating Leaseassociation Fees OperatingLeaseassociationFees	531	USD
CY2017Q1	cik0001662684	Payments Made For Security Deposit PaymentsMadeForSecurityDeposit	8729	USD
CY2017	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	58743	USD
CY2016	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	53822	USD
CY2017Q4	cik0001662684	Operating Leasebase Rent OperatingLeasebaseRent	4452	USD
CY2017Q4	cik0001662684	Operating Leaseassociation Fees OperatingLeaseassociationFees	531	USD
CY2017	cik0001662684	Stock Issued During Period Value Reverse Recapitalization StockIssuedDuringPeriodValueReverseRecapitalization	2698173	USD
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2017	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.060	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.059	pure
CY2014Q3	us-gaap	Area Of Land AreaOfLand	5296	sqft
CY2014Q3	cik0001662684	Payments Made For Security Deposit PaymentsMadeForSecurityDeposit	8474	USD
CY2016Q4	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	4825	USD
CY2017Q1	cik0001662684	Proceeds On Return Of Security Deposit ProceedsOnReturnOfSecurityDeposit	3647	USD
CY2017Q1	us-gaap	Area Of Land AreaOfLand	5296	sqft
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.217	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.0	pure
CY2017	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	600000	USD
CY2017	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><u><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Concentrations of Credit Risk</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">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 $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font> at each institution. There were aggregate uninsured cash balances of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">611,450</font> and $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0</font> at December 31, 2017 and 2016, respectively.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">During the year ended December 31, 2017, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 49</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 14</font>% of the Company’s revenues were generated from Customer A and Customer B, respectively. During the year ended December 31, 2016, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 100</font>% of the Company’s revenues were generated from Customer C. As of December 31, 2017, receivables from Customer A and Customer B comprised <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 43</font>% and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 24</font>%, respectively, of the Company’s total accounts receivable. As of December 31, 2016, a receivable from Customer C comprised <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 100</font>% of the Company’s total account receivable.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017	cik0001662684	Interest Income Notes Receivable InterestIncomeNotesReceivable	1336	USD
CY2016	cik0001662684	Interest Income Notes Receivable InterestIncomeNotesReceivable	2152	USD
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Research EffectiveIncomeTaxRateReconciliationTaxCreditsResearch	-0.029	pure
CY2016	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Research EffectiveIncomeTaxRateReconciliationTaxCreditsResearch		pure
CY2017Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Research DeferredTaxAssetsTaxCreditCarryforwardsResearch	79000	USD
CY2016Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Research DeferredTaxAssetsTaxCreditCarryforwardsResearch	0	USD

Files In Submission

Name	View Source	Status
0001144204-18-020894-index-headers.html	Edgar Link	pending
0001144204-18-020894-index.html	Edgar Link	pending
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cik0001662684-20171231.xml	Edgar Link	completed
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cik0001662684-20171231_pre.xml	Edgar Link	unprocessable
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Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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tv490961_ex31-1.htm	Edgar Link	pending
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$KULR
KULR Technology Group, Inc. Stock $kulr

2018 Q2 Form 10-K Financial Statement

#000114420418020894 Filed on April 17, 2018

Income Statement

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Facts In Submission

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$KULR KULR Technology Group, Inc. Stock $kulr

2018 Q2 Form 10-K Financial Statement

#000114420418020894 Filed on April 17, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KULR
KULR Technology Group, Inc. Stock $kulr