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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Revenue | $ 5,175,454 | $ 23,737,503 | $ 14,501,309 | $ 30,823,203
Gross profit | 1,514,044 | 1,411,578 | 5,059,440 | 3,855,669
Operating Expenses |  |  |  |
General and administrative expenses | 3,319,583 | 3,791,578 | 10,128,419 | 9,589,211
Research and development expenses | 655 | 16,831 | 3,029 | 339,299
Selling expenses | 120,929 | 108,913 | 539,419 | 360,150
Impairment loss |  | 3,872 |  | 3,872
Provision (Recovery) of doubtful debts | 3,382,819 | 17,779 | 3,942,179 | (1,152,798)
Total operating expenses | 6,823,986 | 3,938,973 | 14,613,046 | 9,139,734
Loss from operations | (5,309,942) | (2,527,395) | (9,553,606) | (5,284,065)
Other (expenses) income |  |  |  |
Interest income | 253,388 | 202,493 | 784,785 | 903,513
Interest expenses | (45,266) |  | (90,914) |
Other expense, net | 170,279 | (55,714) | (1,839,878) | (1,615,846)
Total other expense, net | 378,401 | 146,779 | (1,146,007) | (712,333)
Loss from Continuing Operations before Income Tax | (4,931,541) | (2,380,616) | (10,699,613) | (5,996,398)
Income tax provision |  | (10,735) |  | (72,287)
Loss from Continuing Operations | (4,931,541) | (2,391,351) | (10,699,613) | (6,068,685)
Discontinued Operations |  |  |  |
Loss from discontinued operations |  | (58,342) |  | (271,786)
(Loss) Gain on disposal of discontinued operations | (844) |  | 644,593 | 105,480
NET LOSS | (4,932,385) | (2,449,693) | (10,055,020) | (6,234,991)
Less: Net Loss attributable to non-controlling interests | (53,666) | (41,393) | (88,120) | (178,223)
Net loss from continued operations attributable to Future Fintech Group, Inc. | (4,878,719) | (2,408,300) | (9,966,900) | (6,056,768)
Other comprehensive income (loss) |  |  |  |
Loss from continued operations | (4,931,541) | (2,391,351) | (10,699,613) | (6,068,685)
Foreign currency translation – continued operations | 741,336 | 134,980 | 580,444 | (979,589)
Unrealized holding losses on available-for-sale securities |  | (114,293) |  |
Comprehensive loss - continued operation | (4,190,205) | (2,370,664) | (10,119,169) | (7,048,274)
Net (loss) income from discontinued operations | (844) | (58,342) | 644,593 | (166,306)
Foreign currency translation – discontinued operations |  | 9,523 |  | 39,547
Comprehensive (loss) income - discontinued operation | (844) | (48,819) | 644,593 | (126,759)
Comprehensive Loss | (4,191,049) | (2,419,483) | (9,474,576) | (7,175,033)
Less: Net loss attributable to non-controlling interests | (53,666) | (41,393) | (88,120) | (178,223)
COMPREHENSIVE LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP INC. STOCKHOLDERS | $ (4,137,383) | $ (2,378,090) | $ (9,386,456) | $ (6,996,810)
Earnings (Loss) per share: |  |  |  |
Basic loss per share from continued operation (in Dollars per share) | $ (0.24) | $ (0.16) | $ (0.53) | $ (0.4)
Basic earnings per share from discontinued operation (in Dollars per share) |  |  | 0.03 | (0.01)
Basic loss per share (in Dollars per share) | (0.24) | (0.16) | (0.5) | (0.41)
Diluted Earnings (Loss) per share: |  |  |  |
Diluted loss per share from continued operation (in Dollars per share) | (0.24) | (0.16) | (0.53) | (0.4)
Diluted earnings per share from discontinued operation (in Dollars per share) |  |  | 0.03 | (0.01)
Diluted loss per share (in Dollars per share) | $ (0.24) | $ (0.16) | $ (0.5) | $ (0.41)
Weighted average number of shares outstanding |  |  |  |
Basic (in Shares) | 20,131,953 | 14,645,653 | 20,092,710 | 14,645,653
Diluted (in Shares) | 20,174,061 | 14,687,761 | 20,134,818 | 14,687,761
Third Party |  |  |  |
Cost of revenues | $ 2,930,834 | $ 22,076,207 | $ 8,315,898 | $ 26,007,222
Related Party |  |  |  |
Cost of revenues | $ 730,576 | $ 249,718 | $ 1,125,971 | $ 960,312

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