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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 19,032,278 $ 26,071,338
Restricted cash 3,589,582
Short - term investments 959,028 988,073
Accounts receivable, net 5,705,877 7,796,672
Advances to suppliers and other current assets 3,837,752 4,670,264
Loan receivables 14,895,086 19,157,538
Other receivables, net 10,048,297 2,635,224
Assets related to discontinued operations 296,654
TOTAL CURRENT ASSETS 54,490,469 65,258,471
Property, plant and equipment, net 4,579,188 4,209,189
Right of use assets - operation lease 1,282,111 1,055,906
Intangible assets 588,982 518,069
Goodwill 13,976,084
TOTAL NON-CURRENT ASSETS 6,450,281 19,759,248
TOTAL ASSETS 60,940,750 85,017,719
CURRENT LIABILITIES    
Accounts payable 3,320,061 3,603,577
Notes payable 3,589,582
Accrued expenses and other payables 11,997,481 2,108,777
Advances from customers 306,315 1,236,241
Convertible notes payables 1,100,723
Lease liability - operation lease 498,736 294,944
Deferred liabilities 7,387,697
Liability related to discontinued operation 114,556
TOTAL CURRENT LIABILITIES 17,728,362 18,571,116
NON-CURRENT LIABILITIES    
Lease liability - operation lease 797,344 760,962
TOTAL NON-CURRENT LIABILITIES 797,344 760,962
TOTAL LIABILITIES 18,525,706 19,332,078
Future FinTech Group, Inc, Stockholders’ equity    
Common stock, $0.001 par value; 60,000,000 shares authorized; 17,834,874 shares and 14,645,653 shares issued and outstanding as of December 31, 2023 and December 31, 2022 respectively [1] 17,835 14,646
Additional paid-in capital 233,890,997 222,751,657
Statutory reserve 98,357 98,357
Accumulated deficit (185,929,662) (152,276,434)
Accumulated other comprehensive loss (4,094,276) (3,623,005)
Total Future FinTech Group, Inc. stockholders’ equity 43,983,251 66,965,221
Non-controlling interests (1,568,207) (1,279,580)
Total stockholders’ equity 42,415,044 65,685,641
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 60,940,750 85,017,719
Related Party    
CURRENT ASSETS    
Amount due from related parties 12,151 53,126
CURRENT LIABILITIES    
Amounts due to related parties $ 505,046 $ 235,742
[1] all shares and per share data have been retroactively restated to reflect reverse stock split effected on February 1, 2023.