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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 4,842,741 $ 17,412,865
Short - term investments 1,391 959,028
Accounts receivable, net 2,088,962 4,409,812
Advances to suppliers and other current assets 4,974,277 3,437,925
Loan receivables 7,094,764 14,895,086
Other receivables, net 1,694,752 7,589,038
Assets related to discontinued operations 5,774,564
TOTAL CURRENT ASSETS 20,716,887 54,490,469
Property, plant and equipment, net 2,599,194 2,812,151
Right of use assets - operation lease 523,792 448,035
Intangible assets 532,822 588,982
Debt investment 1,530,243
Assets related to discontinued operation 2,601,113
TOTAL NON-CURRENT ASSETS 5,186,051 6,450,281
TOTAL ASSETS 25,902,938 60,940,750
CURRENT LIABILITIES    
Accounts payable 2,219,301 3,301,715
Accrued expenses and other payables 9,938,495 11,115,595
Advances from customers 30,559 303,711
Convertible notes payables 553,086 1,100,723
Lease liability - operation lease 334,017 353,268
Liability related to discontinued operation 1,449,820
TOTAL CURRENT LIABILITIES 13,113,365 17,728,362
NON-CURRENT LIABILITIES    
Lease liability - operation lease 192,754 106,525
Liability related to discontinued operation   690,819
TOTAL NON-CURRENT LIABILITIES 192,754 797,344
TOTAL LIABILITIES 13,306,119 18,525,706
Commitments and contingencies (Note 23)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value; 60,000,000 shares authorized; 24,470,844 shares and 17,834,874 shares issued and outstanding as of December 31, 2024 and December 31, 2023 respectively [1] 24,470 17,835
Additional paid-in capital 237,474,153 233,890,997
Statutory reserve 98,357 98,357
Accumulated deficit (218,885,534) (185,929,662)
Accumulated other comprehensive loss (4,248,561) (4,094,276)
Total Future FinTech Group, Inc. stockholders’ equity 14,462,885 43,983,251
Non-controlling interests (1,866,066) (1,568,207)
Total stockholders’ equity 12,596,819 42,415,044
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 25,902,938 60,940,750
Related Party    
CURRENT ASSETS    
Amount due from related parties 20,000 12,151
CURRENT LIABILITIES    
Amounts due to related parties $ 37,907 $ 103,530
[1] all shares and per share data have been retroactively restated to reflect reverse stock split effected on February 1, 2023.