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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 4,202,888 $ 3,721,250 $ 9,325,855 $ 7,085,700
Gross profit 1,594,124 1,242,475 3,545,396 2,444,091
Operating Expenses        
General and administrative expenses 3,387,338 2,421,805 6,808,836 5,797,633
Research and development expenses 1,728 116,469 2,374 322,468
Selling expenses 151,805 124,075 418,490 251,237
(Recovery) Provision of doubtful debts (234,969) (1,187,403) 559,360 (1,170,577)
Total operating expenses 3,305,902 1,474,946 7,789,060 5,200,761
Loss from operations (1,711,778) (232,471) (4,243,664) (2,756,670)
Other (expenses) income        
Interest income 226,130 245,567 531,397 701,020
Interest expenses (20,933) (45,148)  
Other expense, net (292,425) (1,515,403) (2,010,657) (1,560,132)
Total other expense, net (87,228) (1,269,836) (1,524,408) (859,112)
Loss from Continuing Operations before Income Tax (1,799,006) (1,502,307) (5,768,072) (3,615,782)
Income tax provision (35,878) (61,552)
Loss from Continuing Operations (1,799,006) (1,538,185) (5,768,072) (3,677,334)
Discontinued Operations        
Loss from discontinued operations (105,116) (213,444)
Gain on disposal of discontinued operations 105,480 645,437 105,480
NET LOSS (1,799,006) (1,537,821) (5,122,635) (3,785,298)
Less: Net Loss attributable to non-controlling interests (38,033) (65,817) (34,454) (136,830)
Net loss from continued operations attributable to Future Fintech Group, Inc. (1,760,973) (1,472,004) (5,088,181) (3,648,468)
Other comprehensive income (loss)        
Loss from continued operations (1,799,006) (1,538,185) (5,768,072) (3,677,334)
Foreign currency translation – continued operations (113,268) (1,492,341) (160,892) (1,114,569)
Unrealized holding (losses)/gains on available-for-sale securities (66,558) 114,293
Comprehensive loss - continued operation (1,912,274) (3,097,084) (5,928,964) (4,677,610)
Net income (loss) from discontinued operations 364 645,437 (107,964)
Foreign currency translation – discontinued operations 3,707 30,024
Comprehensive income (loss) - discontinued operation 4,071 645,437 (77,940)
Comprehensive Loss (1,912,274) (3,093,013) (5,283,527) (4,755,550)
Less: Net loss attributable to non-controlling interests (38,033) (65,817) (34,454) (136,830)
COMPREHENSIVE LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP INC. STOCKHOLDERS $ (1,874,241) $ (3,027,196) $ (5,249,073) $ (4,618,720)
Earnings (Loss) per share:        
Basic loss per share from continued operation (in Dollars per share) $ (0.09) $ (0.1) $ (0.29) $ (0.24)
Basic earnings per share from discontinued operation (in Dollars per share) 0.03 (0.01)
Basic loss per share (in Dollars per share) (0.09) (0.1) (0.26) (0.25)
Diluted Earnings (Loss) per share:        
Diluted loss per share from continued operation (in Dollars per share) (0.09) (0.1) (0.29) (0.24)
Diluted earnings per share from discontinued operation (in Dollars per share) 0.03 (0.01)
Diluted loss per share (in Dollars per share) $ (0.09) $ (0.1) $ (0.26) $ (0.25)
Weighted average number of shares outstanding        
Basic (in Shares) 19,985,410 14,645,653 19,926,329 14,645,653
Diluted (in Shares) 20,027,518 14,687,761 19,968,437 14,687,761
Third Party        
Cost of revenues $ 2,349,009 $ 2,130,139 $ 5,385,064 $ 3,931,015
Related Party        
Cost of revenues $ 259,755 $ 348,636 $ 395,395 $ 710,594