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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 33,327,145 $ 26,145,588
Restricted cash 3,459,825 3,589,582
Short - term investment 1,061,956 988,073
Accounts receivable, net 2,708,493 7,796,672
Advances to suppliers and other current assets 19,935,923 4,670,264
Loan receivables 4,911,526 19,157,538
Other receivables, net 5,740,199 2,649,536
Amount due from related party 55,533 53,126
TOTAL CURRENT ASSETS 71,200,600 65,050,379
Property, plant and equipment, net 4,379,329 4,417,281
Right of use assets - operation lease 884,253 1,055,906
Intangible assets 489,551 518,069
Goodwill 13,976,084 13,976,084
TOTAL NON-CURRENT ASSETS 19,729,217 19,967,340
TOTAL ASSETS 90,929,817 85,017,719
CURRENT LIABILITIES    
Accounts payable 396,591 3,603,577
Notes payable 3,459,825 3,589,582
Accrued expenses and other payables 2,930,193 2,214,256
Advances from customers 14,714,796 1,236,241
Lease liability - operation lease 297,571 294,944
Amounts due to related parties 226,371 244,819
Deferred liabilities 7,387,697 7,387,697
TOTAL CURRENT LIABILITIES 29,413,044 18,571,116
NON-CURRENT LIABILITIES    
Lease liability - operation lease 586,682 760,962
TOTAL NON-CURRENT LIABILITIES 586,682 760,962
TOTAL LIABILITIES 29,999,726 19,332,078
Commitments and contingencies (Note 24)
Future FinTech Group, Inc, Stockholders’ equity    
Common stock, $0.001 par value; 60,000,000 shares authorized; 14,645,653 shares and 14,645,653 shares issued and outstanding as of June 30, 2023 and December 31, 2022 respectively 14,646 14,646
Additional paid-in capital 222,751,657 222,751,657
Statutory reserve 98,357 98,357
Accumulated deficits (155,924,902) (152,276,434)
Accumulated other comprehensive loss (4,593,257) (3,623,005)
Total Future FinTech Group, Inc. stockholders’ equity 62,346,501 66,965,221
Non-controlling interests (1,416,410) (1,279,580)
TOTAL STOCKHOLDERS’ EQUITY 60,930,091 65,685,641
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 90,929,817 $ 85,017,719