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Nature of Business and Organization (Tables)

6 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of ownership interests


Name		Background		Ownership
FGI Industries, Inc.		● A New Jersey corporation		100% owned by FGI
(formerly named Foremost Groups, Inc.)		● Incorporated on January 5, 1988
		● Sales and distribution in the United States
FGI Europe Investment Limited		● A British Virgin Islands holding company		100% owned by FGI
		● Incorporated on January 1, 2007
FGI International, Limited		● A Hong Kong company		100% owned by FGI
		● Incorporated on June 2, 2021
		● Sales, sourcing and product development
FGI Canada Ltd.		● A Canadian company		100% owned by FGI Industries, Inc.
		● Incorporated on October 17, 1997
		● Sales and distribution in Canada
FGI Germany GmbH & Co. KG		● A German company		100% owned by FGI Europe Investment Limited
		● Incorporated on January 24, 2013
		● Sales and distribution in Germany
FGI China, Ltd.		● A PRC limited liability company		100% owned by FGI International, Limited
		● Incorporated on August 19, 2021
		● Sourcing and product development
FGI United Kingdom Ltd		● An UK company		100% owned by FGI Europe Investment Limited
		● Incorporated on December 10, 2021
		● Sales and distribution in UK
FGI Australasia Pty Ltd		● An Australian company		100% owned by FGI
		● Incorporated on September 8, 2022
		● Sales and distribution in Australia
Covered Bridge Cabinetry Manufacturing Co., Ltd		● A Cambodian company		100% owned by FGI
		● Incorporated on April 21, 2022
		● Manufacturing in Cambodia
Isla Porter LLC		● A New Jersey company		60% owned by FGI Industries, Inc.
		● Formed on June 2, 2023
		● Sales and distribution in the United States
FGI Industries India Private Limited		● An Indian company		100% owned by FGI
		● Incorporated on June 11, 2024
		● Sales and distribution in India

Schedule of net results of reorganized operations


		For the Three Months Ended						For the Six Months Ended
		June 30,						June 30,
		2024			2023			2024			2023
		USD			USD			USD			USD
Revenue		$	—		$	28,718		$	—		$	991,919
Cost of revenue			—			(102)			—			(768,065)
Gross profit			—			28,616			—			223,854
Selling and distribution expenses			—			(12,181)			—			45,979
General and administrative expenses			—			—			—			—
Research and development expenses			—			—			—			—
Income from operations		$	—		$	16,435		$	—		$	269,833