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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
[1]
Jun. 30, 2021
Jun. 30, 2020
[1]
Income Statement [Abstract]        
Revenue $ 1,941,582 $ 113,687 $ 1,948,195 $ 313,638
Cost of goods sold 1,870,227 9,359 1,876,250 9,872
Gross profit 71,355 104,328 71,945 303,766
Operating Expenses        
General and administrative expenses 594,384 309,825 2,194,184 2,193,203
Selling expenses 10,090 7,693 23,035 20,474
(Recovery) Provision of doubtful debts (36) 230,255 (18,329) 4,433,309
Total operating expenses 604,438 547,773 2,198,890 6,646,986
Loss from operations (533,083) (443,445) (2,126,945) (6,343,220)
Other (expenses) income        
Interest income 153,411 51 290,877 166
Interest expenses (26,650) (3,913) (53,787)
Loss on debt settlement and conversion (297,639) (616,476)
Other (expenses) income, net (2,229) 16,748 482,701 (502,258)
Total other income (expenses), net 151,182 (307,490) 769,665 (1,172,355)
Loss from Continuing Operations before Income Tax (381,901) (750,935) (1,357,280) (7,515,575)
Income tax provision
Loss from Continuing Operations (381,901) (750,935) (1,357,280) (7,515,575)
Discontinued Operations (Note 12)        
Gain (loss) on disposal of discontinued operations (21,577) 156,493 123,688,874
Income (loss) from discontinued operations (84,045) (120,420)
NET INCOME (LOSS) (403,478) (834,980) (1,200,787) 116,052,879
Less: Net Loss attributable to non-controlling interests (62)
Net income(loss) from discontinued operations attributable to Future Fintech Group, Inc. (403,478) (834,980) (1,200,787) 116,052,941
Other comprehensive income (loss)        
Income (loss) from continued operations (381,901) (750,935) (1,357,280) (7,515,575)
Foreign currency translation – continued operations (36,150) (83,062) 31,967 1,459,620
Comprehensive income (loss) - continued operation (418,051) (833,997) (1,325,313) (6,055,955)
Income (loss) from discontinued operations (21,577) (84,045) 156,493 123,568,454
Foreign currency translation – discontinued operations (8,138) (93) (10) (10,781,302)
Comprehensive income (loss) - discontinued operation (29,715) (84,138) 156,483 112,787,152
Comprehensive Income (Loss) (447,766) (918,135) (1,168,830) 106,731,197
Less: Net loss attributable to non-controlling interests (62)
COMPREHENSIVE LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP INC. STOCKHOLDERS $ (447,766) $ (918,135) $ (1,168,830) $ 106,731,259
Earnings per share:        
Basic earnings per share from continued operation (in Dollars per share) $ (0.01) $ (0.02) $ (0.02) $ (0.21)
Basic earnings per share from discontinued operation (in Dollars per share) 3.45
Earnings (loss) per share, total (in Dollars per share) (0.01) (0.02) (0.02) 3.24
Diluted Earnings per share:        
Diluted earnings per share from continued operation (in Dollars per share) (0.01) (0.02) (0.02) (0.21)
Diluted earnings per share from discontinued operation (in Dollars per share) 3.38
Diluted Earnings (loss) per share, total (in Dollars per share) $ (0.01) $ (0.02) $ (0.02) $ 3.17
Weighted average number of shares outstanding        
Basic (in Shares) 53,798,156 33,334,888 54,324,447 35,867,188
Diluted (in Shares) 54,355,947 34,004,411 54,882,238 36,536,711
[1] Reclassification- certain reclassifications have been made to the financial statements for the period ended June 30, 2020 to conform to the presentation for the period ended June 30, 2021, with no effect on previously reported net income (loss).