Other Receivables	12 Months Ended
Dec. 31, 2024
Other Receivables [Abstract]
OTHER RECEIVABLES	4. OTHER RECEIVABLES As of December 31, 2024, the balance of other receivables was $1.69 million deposit paid and prepayments to third parties. As of December 31, 2023, the balance of other receivables was $7.59 million. On February 3, 2023, Future Fintech Group Inc. entered into a “Consulting Agreement” with a third party for its professional service of potential acquisition projects. Future Fintech Group Inc. provided initial amount of cash deposit to the third party in the amount of $2.40 million. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts made. On December 6, 2023, Future Fintech (Hong Kong) Limited entered into a “Mobile Software Application Development Agreement” with a third-party. Future Fintech (Hong Kong) Limited shall pay $4.00 million. Future Fintech (Hong Kong) Limited provided initial amount of cash deposit to the third party in the amount of $2.00 million. Development shall take 250 man-days. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts. On December 6, 2023, Future Fintech (Hong Kong) Limited entered into a “Augmented Reality (AR) Group Development and Service Agreement” with a third-party. Future Fintech (Hong Kong) Limited shall pay $5.00 million. Future Fintech (Hong Kong) Limited provided initial amount of cash deposit to the third party in the amount of $2.50 million. Development shall take 180 man-days. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts made. In addition, other receivables included total $0.70 million deposit paid and prepayments to third parties.

Other Receivables

12 Months Ended

Dec. 31, 2024

4. OTHER RECEIVABLES

As of December 31, 2024, the balance of other receivables was $1.69 million deposit paid and prepayments to third parties.

As of December 31, 2023, the balance of other receivables was $7.59 million.

On February 3, 2023, Future Fintech Group Inc. entered into a “Consulting Agreement” with a third party for its professional service of potential acquisition projects. Future Fintech Group Inc. provided initial amount of cash deposit to the third party in the amount of $2.40 million. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts made.

On December 6, 2023, Future Fintech (Hong Kong) Limited entered into a “Mobile Software Application Development Agreement” with a third-party. Future Fintech (Hong Kong) Limited shall pay $4.00 million. Future Fintech (Hong Kong) Limited provided initial amount of cash deposit to the third party in the amount of $2.00 million. Development shall take 250 man-days. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts.

On December 6, 2023, Future Fintech (Hong Kong) Limited entered into a “Augmented Reality (AR) Group Development and Service Agreement” with a third-party. Future Fintech (Hong Kong) Limited shall pay $5.00 million. Future Fintech (Hong Kong) Limited provided initial amount of cash deposit to the third party in the amount of $2.50 million. Development shall take 180 man-days. As of December 31, 2024, the project has been terminated, therefore a full provision for bad debts made.

In addition, other receivables included total $0.70 million deposit paid and prepayments to third parties.