XML 45 R35.htm IDEA: XBRL DOCUMENT
v3.22.1

Summary of Significant Accounting Policies (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Accounting Policies [Abstract] |
Schedule of numerators and denominators used in the computations of basic and diluted EPS |
|  | Income |  |  | Share |  |  | Pre-share amount |
Loss from continuing operations |  | $ | (2,523,162 | ) |  |  | 70,067,147 |  |  | $ | (0.04 | )
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Loss available to common stockholders from discontinuing operations |  | $ | (2,523,162 | ) |  |  | 70,067,147 |  |  | $ | (0.04 | )
Dilutive EPS: |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | - |  |  |  | 557,791 |  |  |  | - |
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive from continuing operations |  | $ | (2,523,162 | ) |  |  | 70,624,938 |  |  | $ | (0.04 | )
|  | Income |  |  | Share |  |  | Pre-share amount |
Loss from continuing operations |  | $ | (541,302 | ) |  |  | 40,039,431 |  |  | $ | (0.01 | )
Loss from discontinuing operations |  | $ | (256,007 | ) |  |  | 40,039,431 |  |  | $ | (0.01 | )
Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |
Loss available to common stockholders from continuing operations |  | $ | (541,302 | ) |  |  | 40,039,431 |  |  | $ | (0.01 | )
Loss available to common stockholders from discontinuing operations |  | $ | (256,007 | ) |  |  | 40,039,431 |  |  | $ | (0.01 | )
Dilutive EPS: |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | - |  |  |  | 557,791 |  |  |  | - |
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive from continuing operations |  | $ | (541,302 | ) |  |  | 40,597,222 |  |  | $ | (0.01 | )
Diluted Earnings per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. |  | $ | (256,007 | ) |  |  | 40,597,222 |  |  | $ | (0.01 | )
Schedule of property, plant and equipment are depreciated estimated useful lives |
Machinery and equipment |  |  | 5-10 years |
Building |  |  | 20 years |
Furniture and office equipment |  |  | 3-5 years |
Motor vehicles |  |  | 5 years |

X
- Definition Tabular disclosure of property, plant and equipment are depreciated estimated useful lives. + References No definition available. + Details
Name: | ftft_ScheduleOfPropertyPlantAndEquipmentAreDepreciatedEstimatedUsefulLivesTableTextBlock
Namespace Prefix: | ftft_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration