XML 71 R55.htm IDEA: XBRL DOCUMENT
v3.23.1

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of segment gross profit reportable segment |
|  | Coals and aluminum ingots supply chain financing/trading |  |  | Asset management service |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 10,107,996 |  |  | $ | 13,630,508 |  |  | $ | 142,502 |  |  | $ | 23,881,006 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue-third party |  |  | 10,107,996 |  |  |  | 13,630,508 |  |  |  | 142,502 |  |  |  | 23,881,006 |
Segment gross profit |  | $ | 338,970 |  |  | $ | 4,948,314 |  |  | $ | 108,162 |  |  | $ | 5,395,446 |
|  | CCM Shopping Mall Membership |  |  | Coals and aluminum ingots supply chain financing/trading |  |  | Asset management service |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 85 |  |  | $ | 34,034,662 |  |  | $ | 5,315,708 |  |  |  | 6,573 |  |  | $ | 39,357,028 |
Inter-segment loss |  |  | - |  |  |  | 14,306,227 |  |  |  | - |  |  |  | - |  |  |  | 14,306,227 |
Revenue from external customers |  | $ | 85 |  |  |  | 19,728,435 |  |  |  | 5,315,708 |  |  |  | 6,573 |  |  |  | 25,050,801 |
Segment gross profit |  | $ | 85 |  |  | $ | 509,873 |  |  | $ | 1,291,390 |  |  |  | 517 |  |  | $ | 1,801,865 |
Schedule of loss from continuing operations before income tax |
|  | For the Years Ended, |
|  | 2022 |  |  | 2021 |
Coals and aluminum ingots supply chain financing/trading |  |  | (494,229 | ) |  |  | (451,125 | )
Asset management service |  |  | 2,431,254 |  |  |  | 1,157,184 |
Others |  |  | 1,337,694 |  |  |  | 88,604 |
Corporate and Unallocated |  |  | 15,919,835 |  |  |  | 12,750,827 |
Total operating expenses and other expense (income) |  |  | 19,194,554 |  |  |  | 13,545,490 |
Loss from Continuing Operations before Income Tax |  |  | (13,799,108 | ) |  |  | (11,743,625 | )
Schedule of segment assets |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Coals and aluminum ingots supply chain financing/trading |  |  | 26,487,090 |  |  |  | 20,900,211 |
Asset management service |  |  | 3,387,506 |  |  |  | 2,007,040 |
Others |  |  | 14,090,091 |  |  |  | 75,194 |
Corporate and Unallocated |  |  | 41,053,032 |  |  |  | 68,674,640 |
Total assets |  |  | 85,017,719 |  |  |  | 91,657,085 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References No definition available. + Details
Name: | ftft_ScheduleOfLossFromContinuingOperationsBeforeIncomeTaxTableTextBlock
Namespace Prefix: | ftft_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the segment assets. + References No definition available. + Details
Name: | ftft_ScheduleOfSegmentAssetsTableTextBlock
Namespace Prefix: | ftft_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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