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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 16,161,676 $ 26,145,588
Restricted cash 3,638,110 3,589,582
Short - term investment 1,176,910 988,073
Accounts receivable, net 4,342,556 7,796,672
Advances to suppliers and other current assets 15,225,822 4,670,264
Loan receivables 19,039,220 19,157,538
Other receivables, net 5,508,219 2,649,536
Amount due from related party 100,022 53,126
TOTAL CURRENT ASSETS 65,192,535 65,050,379
Property, plant and equipment, net 4,408,927 4,417,281
Right of use assets - operation lease 977,303 1,055,906
Intangible assets 503,810 518,069
Goodwill 13,976,084 13,976,084
TOTAL NON-CURRENT ASSETS 19,866,124 19,967,340
TOTAL ASSETS 85,058,659 85,017,719
CURRENT LIABILITIES    
Accounts payable 1,633,250 3,603,577
Notes payable 3,638,110 3,589,582
Accrued expenses and other payables 1,554,463 2,214,256
Advances from customers 5,606,663 1,236,241
Lease liability - operation lease 299,920 294,944
Amounts due to related parties 238,069 244,819
Deferred liabilities 7,387,697 7,387,697
TOTAL CURRENT LIABILITIES 20,358,172 18,571,116
NON-CURRENT LIABILITIES    
Lease liability - operation lease 677,383 760,962
TOTAL NON-CURRENT LIABILITIES 677,383 760,962
TOTAL LIABILITIES 21,035,555 19,332,078
Commitments and contingencies (Note 23)
Future FinTech Group, Inc, Stockholders’ equity    
Common stock, $0.001 par value; 60,000,000 shares authorized; 14,645,653 shares and 14,645,653 shares issued and outstanding as of March 31, 2023 and December 31, 2022 respectively 14,646 14,646
Additional paid-in capital 222,751,657 222,751,657
Statutory reserve 98,357 98,357
Accumulated deficits (154,452,898) (152,276,434)
Accumulated other comprehensive loss (3,038,065) (3,623,005)
Total Future FinTech Group, Inc. stockholders’ equity 65,373,697 66,965,221
Non-controlling interests (1,350,593) (1,279,580)
TOTAL STOCKHOLDERS’ EQUITY 64,023,104 65,685,641
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 85,058,659 $ 85,017,719