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Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Summary of Significant Accounting Policies [Abstract]

Schedule of Numerators and Denominators Used in the Computations of Basic and Diluted EPS

The numerators and denominators used in the computations of basic and diluted EPS are presented in the following table.

		Income				Share				Pre-share amount
Loss from continued operations attributable to Future Fintech Group, Inc.		$	(3,972,645	)			19,867,249			$	(0.20	)
Income from discontinued operations attributable to Future Fintech Group, Inc.			645,437				19,867,249				0.03
Basic EPS:
Loss to common stockholders from continuing operations			(3,972,645	)			19,867,249				(0.20	)
Income available to common stockholders from discontinued operations		$	645,437				19,867,249			$	0.03
Dilutive EPS:
Warrants			-				42,108				-
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 continued operations attributable to Future Fintech Group, Inc.			(3,972,645	)			19,909,357				(0.20	)
Diluted earnings per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding from discontinued operations			645,437				19,909,357				0.03

		Income				Share				Pre-share amount
Loss from continued operations attributable to Future Fintech Group, Inc.		$	(2,068,136	)			14,645,653			$	(0.14	)
Income from discontinued operations attributable to Future Fintech Group, Inc.			(108,328	)			14,645,653				(0.01	)
Basic EPS:
Loss to common stockholders from continuing operations			(2,068,136	)			14,645,653				(0.14	)
Loss available to common stockholders from discontinued operations		$	(108,328	)			14,645,653			$	(0.01	)
Dilutive EPS:
Warrants			-				210,526
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 continued operations attributable to Future Fintech Group, Inc.			(2,068,136	)			14,856,179				(0.14	)
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding from discontinued operations			(108,328	)			14,856,179				(0.01	)

Schedule of Property, Plant and Equipment are Depreciated Estimated Useful Lives

Property, plant and equipment are depreciated over their estimated useful lives as follows:

Machinery and equipment		5-10 years
Building		30 years
Furniture and office equipment		3-5 years
Motor vehicles		5 years

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- 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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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Tabular disclosure of public utility physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation expense and method used, including composite depreciation, and accumulated depreciation.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 980
-SubTopic 20
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481834/980-20-45-1

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