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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 9,824,662 $ 19,016,198
Short - term investment 959,028
Accounts receivable, net 5,256,585 5,705,877
Notes receivable 645,451
Advances to suppliers and other current assets 20,518,414 3,829,795
Loan receivables 14,851,402 14,895,086
Other receivables, net 70,994 10,048,248
Assets related to discontinued operation 24,086
TOTAL CURRENT ASSETS 51,209,934 54,490,469
Property, plant and equipment, net 4,590,198 4,579,116
Right of use assets - operation lease 1,236,149 1,282,111
Intangible assets 560,579 588,982
Debt investment 701,577
Assets related to discontinued operation 72
TOTAL NON-CURRENT ASSETS 7,088,503 6,450,281
TOTAL ASSETS 58,298,437 60,940,750
CURRENT LIABILITIES    
Accounts payable 2,870,133 3,301,715
Accrued expenses and other payables 12,792,214 11,774,710
Advances from customers 229,294 303,711
Convertible notes payables 1,144,603 1,100,723
Lease liability - operation lease 398,522 498,736
Liability related to discontinued operation 243,721
TOTAL CURRENT LIABILITIES 17,731,229 17,728,362
NON-CURRENT LIABILITIES    
Lease liability - operation lease 855,048 797,344
TOTAL NON-CURRENT LIABILITIES 855,048 797,344
TOTAL LIABILITIES 18,586,277 18,525,706
Commitments and contingencies (Note 23)
Future FinTech Group, Inc, Stockholders’ equity    
Common stock, $0.001 par value; 60,000,000 shares authorized; 19,985,410 shares and 17,834,874 shares issued and outstanding as of June 30, 2024 and December 31, 2023 respectively 19,985 17,835
Additional paid-in capital 236,469,490 233,890,997
Statutory reserve 98,357 98,357
Accumulated deficits (191,017,843) (185,929,662)
Accumulated other comprehensive loss (4,255,168) (4,094,276)
Total Future FinTech Group, Inc. stockholders’ equity 41,314,821 43,983,251
Non-controlling interests (1,602,661) (1,568,207)
TOTAL STOCKHOLDERS’ EQUITY 39,712,160 42,415,044
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 58,298,437 60,940,750
Related Party    
CURRENT ASSETS    
Amount due from related party 42,426 12,151
CURRENT LIABILITIES    
Amounts due to related parties $ 296,463 $ 505,046