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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 42,117,677 $ 9,788,041
Advances to suppliers and other current assets 142,171 258,830
Loan receivables 5,318,126 5,355,944
Other receivables, net 294,530 81,972
Assets related to discontinued operations 1,451 35,082
TOTAL CURRENT ASSETS 47,873,955 15,519,869
Property, plant and equipment, net 24,254 16,728
Right of Use Assets 245,442 291,379
Intangible assets 39,692 41,214
Amounts due from related parties 175,600 62,522
TOTAL NON-CURRENT ASSETS 484,988 411,843
TOTAL ASSETS 48,358,943 15,931,712
CURRENT LIABILITIES    
Accounts payable 245,086 250,364
Accrued expenses and other payables 1,822,481 2,300,412
Advances from customers 28,689 28,962
Convertible note payables 1,163,146
Loan payables 270,995 394,848
Lease liability-current 182,233 180,803
Liabilities related to discontinued operations 510,948 865,568
TOTAL CURRENT LIABILITIES 3,060,432 5,184,103
NON-CURRENT LIABILITIES    
Lease liability-non-current 63,209 110,575
Amounts due to related parties 835,129 1,905,893
TOTAL NON-CURRENT LIABILITIES 898,338 2,016,468
TOTAL LIABILITIES 3,958,770 7,200,571
Commitments and contingencies (Note 14)
Future FinTech Group, Inc, Stockholders’ equity    
Common stock, $0.001 par value; 300,000,000 shares authorized; 59,583,486 shares and 50,053,606 shares issued and outstanding as of March 31, 2021 and December 31, 2020 respectively 59,583 50,053
Additional paid-in capital 169,891,428 133,510,862
Accumulated deficits (125,181,610) (124,384,301)
Accumulated other comprehensive loss (321,769) (398,014)
Total Future FinTech Group, Inc. stockholders’ equity 44,447,632 8,778,600
Non-controlling interests (47,459) (47,459)
Total stockholders’ equity 44,400,173 8,731,141
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 48,358,943 $ 15,931,712