Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Summary of Significant Accounting Policies [Abstract]

Schedule of Numerators and Denominators Used in the Computations of Basic and Diluted EPS

For the six Months ended June 30, 2023:

	Income			Share		Pre-share amount
Net loss from continuing operations attributable to Future Fintech Group, Inc.	$	(3,753,948	)		14,645,653	$	(0.26	)
Net income from discontinuing operations attributable to Future Fintech Group, Inc.	$	105,480			14,645,653		0.01
Basic EPS:
Loss available to common stockholders from continuing operations	$	(3,753,948	)		14,645,653	$	(0.26	)
Income available to common stockholders from discontinuing operations	$	105,480			14,645,653		0.01
Dilutive EPS:
Warrants		-			42,108		-
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	$	(3,753,948	)		14,687,761	$	(0.26	)
Diluted income per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding.	$	105,480			14,687,761		0.01

For the six months ended June 30, 2022:

	Income			Share		Pre-share amount
Loss from continuing operations	$	(5,034,905	)		13,088,090	$	(0.35	)
Loss from discontinuing operations	$	(154	)		13,088,090	$	-
Basic EPS:
Loss available to common stockholders from continuing operations	$	(5,034,905	)		13,088,090	$	(0.35	)
Loss available to common stockholders from discontinuing operations	$	(154	)		13,088,090	$	-
Dilutive EPS:
Warrants		-			557,791		-
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 continuing operations	$	(5,034,905	)		13,645,881	$	(0.34	)
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding.	$	(154	)		13,645,881	$	-

Three Months ended June 30, 2023:

	Income			Share		Pre-share amount
Net loss from continuing operations attributable to Future Fintech Group, Inc.	$	(1,577,484	)		14,645,653	$	(0.11	)
Net income from discontinuing operations attributable to Future Fintech Group, Inc.	$	105,480			14,645,653		0.01
Basic EPS:
Loss available to common stockholders from continuing operations	$	(1,577,484	)		14,645,653	$	(0.11	)
Income available to common stockholders from discontinuing operations	$	105,480			14,645,653		0.01
Dilutive EPS:
Warrants		-			42,108		-
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	$	(1,577,484	)		14,687,761	$	(0.11	)
Diluted income per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding.	$	105,480			14,687,761		0.01

Three Months ended June 30, 2022:

	Income			Share		Pre-share amount
Loss from continuing operations	$	(2,110,238	)		13,088,090	$	(0.16	)
Loss from discontinuing operations	$	(154	)		13,088,090	$	-
Basic EPS:
Loss available to common stockholders from continuing operations	$	(2,110,238	)		13,088,090	$	(0.16	)
Loss available to common stockholders from discontinuing operations	$	(154	)		13,088,090	$	-
Dilutive EPS:
Warrants		-			557,791		-
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 continuing operations	$	(2,110,238	)		13,645,881	$	(0.16	)
Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding.	$	(154	)		13,645,881	$	-

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