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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 32,707,734 $ 26,145,588
Restricted cash 696,398 3,589,582
Short - term investment 954,675 988,073
Accounts receivable, net 3,225,653 7,796,672
Advances to suppliers and other current assets 2,212,105 4,670,264
Loan receivables 4,924,826 19,157,538
Other receivables, net 5,887,992 2,649,536
TOTAL CURRENT ASSETS 50,660,364 65,050,379
Property, plant and equipment, net 4,627,438 4,417,281
Right of use assets - operation lease 802,980 1,055,906
Intangible assets 475,293 518,069
Goodwill 13,976,084 13,976,084
TOTAL NON-CURRENT ASSETS 19,881,795 19,967,340
TOTAL ASSETS 70,542,159 85,017,719
CURRENT LIABILITIES    
Accounts payable 352,251 3,603,577
Notes payable 696,398 3,589,582
Accrued expenses and other payables 2,491,208 2,214,256
Advances from customers 65,667 1,236,241
Lease liability - operation lease 289,781 294,944
Deferred liabilities 7,387,697 7,387,697
TOTAL CURRENT LIABILITIES 11,518,352 18,571,116
NON-CURRENT LIABILITIES    
Lease liability - operation lease 513,199 760,962
TOTAL NON-CURRENT LIABILITIES 513,199 760,962
TOTAL LIABILITIES 12,031,551 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 September 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 (158,333,202) (152,276,434)
Accumulated other comprehensive loss (4,563,047) (3,623,005)
Total Future FinTech Group, Inc. stockholders’ equity 59,968,411 66,965,221
Non-controlling interests (1,457,803) (1,279,580)
TOTAL STOCKHOLDERS’ EQUITY 58,510,608 65,685,641
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 70,542,159 85,017,719
Related Party    
CURRENT ASSETS    
Amount due from related party 50,981 53,126
CURRENT LIABILITIES    
Amounts due to related parties $ 235,350 $ 244,819