XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Numerators and Denominators Used in the Computations of Basic and Diluted EPS

As of March 31, 2025:

 

   Income   Share   Pre-share
amount
 
             
Loss from continued operations attributable to Future Fintech Group, Inc.  $(30,945,404)   2,447,084   $(12.65)
Income from discontinued operations attributable to Future Fintech Group, Inc.   26,372,056    2,447,084    10.78 
                
Basic EPS:               
Loss to common stockholders from continuing operations   (30,945,404)   2,447,084    (12.65)
Income available to common stockholders from discontinued operations  $26,372,056    2,447,084   $10.78 
                
Dilutive EPS:               
                
Warrants   
 
    4,211    
-
 
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive from continued operations attributable to Future Fintech Group, Inc.   (30,945,404)   2,451,295    (12.65)
Diluted earnings per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding from discontinued operations   26,372,056    2,451,295    10.76 

 

As of March 31, 2024:

 

   Income   Share   Pre-share
amount
 
             
Loss from continued operations attributable to Future Fintech Group, Inc.  $(3,972,645)   1,986,725   $(1.68)
Income from discontinued operations attributable to Future Fintech Group, Inc.   14,282    1,986,725    0.01 
                
Basic EPS:               
Loss to common stockholders from continuing operations   (3,972,645)   1,986,725    (1.68)
Loss available to common stockholders from discontinued operations  $14,282    1,986,725   $0.01 
                
Dilutive EPS:               
                
Warrants   
 
    4,211    
 
 
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive from continued operations attributable to Future Fintech Group, Inc.   (3,972,645)   1,990,936    (1.68)
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding from discontinued operations   14,282    1,990,936    0.01 
Schedule of Property, Plant and Equipment are Depreciated Estimated Useful Lives Property, plant and equipment are depreciated over their estimated useful lives as follows:
Machinery and equipment  5-10 years
Building  30 years
Furniture and office equipment  3-5 years
Motor vehicles  5 years