2022 Q4 Form 10-Q Financial Statement

#000121390022074214 Filed on November 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $1.037M $11.96M $11.75M
YoY Change -91.73% 1.82% 29262.58%
Cost Of Revenue $298.4K $10.47M $10.76M
YoY Change -97.33% -2.75% 107519.4%
Gross Profit $738.9K $1.493M $983.1K
YoY Change -45.77% 51.88% 3176.97%
Gross Profit Margin 71.23% 12.49% 8.37%
Selling, General & Admin $4.628M $3.833M $7.844M
YoY Change 37.96% -51.13% 801.55%
% of Gross Profit 626.32% 256.7% 797.84%
Research & Development $677.7K $790.9K
YoY Change -2.93%
% of Gross Profit 91.71% 52.97%
Depreciation & Amortization $65.81K $64.48K $11.18K
YoY Change 45.82% 476.74% -88.82%
% of Gross Profit 8.91% 4.32% 1.14%
Operating Expenses $5.372M $6.132M $7.844M
YoY Change 32.54% -21.82% 801.55%
Operating Profit -$4.633M -$4.639M -$6.860M
YoY Change 72.2% -32.38% 716.72%
Interest Expense $463.1K $426.6K $100.5K
YoY Change 196.35% 324.41% -134.66%
% of Operating Profit
Other Income/Expense, Net $848.7K $1.207M $125.5K
YoY Change 36.94% 861.48% -107.37%
Pretax Income -$5.643M -$3.432M -$6.634M
YoY Change 109.33% -48.26% 176.9%
Income Tax $3.920K $201.4K $0.00
% Of Pretax Income
Net Earnings -$5.462M -$3.634M -$10.31M
YoY Change 162.12% -64.75% 324.29%
Net Earnings / Revenue -526.58% -30.39% -87.78%
Basic Earnings Per Share -$0.05 -$0.16
Diluted Earnings Per Share -$0.37 -$0.05 -$155.1K
COMMON SHARES
Basic Shares Outstanding 73.11M shares 73.11M shares 66.46M shares
Diluted Shares Outstanding 71.52M shares 67.01M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.73M $33.93M $52.97M
YoY Change -41.44% -35.93% 5196.88%
Cash & Equivalents $29.74M $32.96M $52.97M
Short-Term Investments $990.0K $970.0K
Other Short-Term Assets $4.670M $8.430M $5.685M
YoY Change 59.52% 48.28% 7.26%
Inventory $518.1K $653.8K
Prepaid Expenses $72.54K
Receivables $7.797M $1.453M $9.795M
Other Receivables $2.650M $3.042M $8.124M
Total Short-Term Assets $65.05M $66.36M $76.57M
YoY Change -10.55% -13.33% 560.11%
LONG-TERM ASSETS
Property, Plant & Equipment $4.417M $3.351M $784.5K
YoY Change 39.65% 327.17% 161.49%
Goodwill $13.98M $15.73M
YoY Change -10.32%
Intangibles $518.1K $653.8K
YoY Change 580.42%
Long-Term Investments
YoY Change
Other Assets $4.670M
YoY Change
Total Long-Term Assets $19.97M $20.05M $17.55M
YoY Change 5.45% 14.24% -0.28%
TOTAL ASSETS
Total Short-Term Assets $65.05M $66.36M $76.57M
Total Long-Term Assets $19.97M $20.05M $17.55M
Total Assets $85.02M $86.41M $94.12M
YoY Change -7.24% -8.19% 222.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.604M $34.76K $1.211M
YoY Change 4561389.87% -97.13% 303.71%
Accrued Expenses $2.214M $1.546M $465.8K
YoY Change 70.51% 231.97% -68.95%
Deferred Revenue
YoY Change
Short-Term Debt $185.0K
YoY Change -90.75%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.57M $11.77M $3.436M
YoY Change 156.84% 242.57% -54.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $761.0K $3.807M $7.008M
YoY Change -77.51% -45.67% 312.21%
Total Long-Term Liabilities $761.0K $3.807M $7.008M
YoY Change -78.7% -45.67% 312.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.57M $11.77M $3.436M
Total Long-Term Liabilities $761.0K $3.807M $7.008M
Total Liabilities $19.33M $15.58M $10.21M
YoY Change 78.95% 52.54% 39.89%
SHAREHOLDERS EQUITY
Retained Earnings -$152.3M -$146.8M
YoY Change 9.86%
Common Stock $14.65K $73.11K
YoY Change -79.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $66.97M $71.93M $83.91M
YoY Change
Total Liabilities & Shareholders Equity $85.02M $86.41M $94.12M
YoY Change -7.24% -8.19% 222.34%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$5.462M -$3.634M -$10.31M
YoY Change 162.12% -64.75% 324.29%
Depreciation, Depletion And Amortization $65.81K $64.48K $11.18K
YoY Change 45.82% 476.74% -88.82%
Cash From Operating Activities -$3.276M $5.715M -$14.61M
YoY Change -1616.83% -139.11% -3022.63%
INVESTING ACTIVITIES
Capital Expenditures $529.7K -$7.280K -$598.1K
YoY Change -120.44% -98.78%
Acquisitions
YoY Change
Other Investing Activities $778.7K -$8.448M -$6.092M
YoY Change -141.36% 38.67% 24.33%
Cash From Investing Activities $249.0K -$8.455M -$6.690M
YoY Change -105.56% 26.38% 36.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 -4.388M 2.747M
YoY Change -100.0% -259.72% -50.05%
NET CHANGE
Cash From Operating Activities -3.276M 5.715M -14.61M
Cash From Investing Activities 249.0K -8.455M -6.690M
Cash From Financing Activities 0.000 -4.388M 2.747M
Net Change In Cash -3.027M -7.128M -18.56M
YoY Change -6.88% -61.58% -1786.92%
FREE CASH FLOW
Cash From Operating Activities -$3.276M $5.715M -$14.61M
Capital Expenditures $529.7K -$7.280K -$598.1K
Free Cash Flow -$3.806M $5.722M -$14.01M
YoY Change -235.57% -140.83% -2903.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
usd
CY2022Q3 ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-34502
dei Entity Registrant Name
EntityRegistrantName
Future FinTech Group Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-0222013
dei Entity Address Address Line1
EntityAddressAddressLine1
Americas Tower
dei Entity Address Address Line2
EntityAddressAddressLine2
1177 Avenue of The Americas
dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 5100
dei Entity Address City Or Town
EntityAddressCityOrTown
New York
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10036
dei Security12b Title
Security12bTitle
Common Stock, par value $0.001 per share
dei Trading Symbol
TradingSymbol
FTFT
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
73114147 shares
CY2022Q3 us-gaap Cash
Cash
32964659 usd
CY2021Q4 us-gaap Cash
Cash
50273517 usd
CY2022Q3 us-gaap Short Term Investments
ShortTermInvestments
969258 usd
CY2021Q4 us-gaap Short Term Investments
ShortTermInvestments
2191294 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1452976 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
9101816 usd
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
8429761 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2927699 usd
CY2022Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
19496732 usd
CY2021Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
6000000 usd
CY2022Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3042312 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1965159 usd
CY2022Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
7307 usd
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
261413 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
157 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
66363005 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
72721055 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3350997 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3163052 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
310789 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
113163 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
79 usd
CY2022Q3 us-gaap Notes Payable Current
NotesPayableCurrent
2816981 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1546266 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
34758 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
653772 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
76140 usd
CY2022Q3 us-gaap Goodwill
Goodwill
15734354 usd
CY2021Q4 us-gaap Goodwill
Goodwill
15583675 usd
CY2022Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
20049912 usd
CY2021Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
18936030 usd
CY2022Q3 us-gaap Assets
Assets
86412917 usd
CY2021Q4 us-gaap Assets
Assets
91657085 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1298598 usd
CY2022Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3242126 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2893 usd
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
63477 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
151692 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
113163 usd
CY2022Q3 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
238402 usd
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
992702 usd
CY2022Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
3740260 usd
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
3740260 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1019496 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
11770485 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
7230668 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
188215 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
159097 usd
CY2022Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3647907 usd
CY2021Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3384044 usd
CY2022Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3807004 usd
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3572259 usd
CY2022Q3 us-gaap Liabilities
Liabilities
15577489 usd
CY2021Q4 us-gaap Liabilities
Liabilities
10802927 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
73114147 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
73114147 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
70067147 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
70067147 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
73114 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
70067 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
222693189 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
220523246 usd
CY2022Q3 us-gaap Restructuring Reserve
RestructuringReserve
61382 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
61382 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-146776967 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-138611914 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4120626 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-597862 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
71930092 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
81444919 usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
-1094664 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
-590761 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70835428 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
80854158 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
86412917 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
91657085 usd
CY2022Q3 us-gaap Revenues
Revenues
11959019 usd
CY2021Q3 us-gaap Revenues
Revenues
11745027 usd
us-gaap Revenues
Revenues
22843661 usd
us-gaap Revenues
Revenues
12503894 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10465893 usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
10761943 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
18187138 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
12064511 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
1493126 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
983084 usd
us-gaap Gross Profit
GrossProfit
4656523 usd
us-gaap Gross Profit
GrossProfit
439383 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3558700 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2243169 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9619115 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4567813 usd
CY2022Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
790922 usd
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1994082 usd
CY2022Q3 ftft Stock Compensation Expense
StockCompensationExpense
1279740 usd
CY2021Q3 ftft Stock Compensation Expense
StockCompensationExpense
5487930 usd
ftft Stock Compensation Expense
StockCompensationExpense
1279740 usd
ftft Stock Compensation Expense
StockCompensationExpense
5487930 usd
CY2022Q3 us-gaap Selling Expense
SellingExpense
274109 usd
CY2021Q3 us-gaap Selling Expense
SellingExpense
112412 usd
us-gaap Selling Expense
SellingExpense
993787 usd
us-gaap Selling Expense
SellingExpense
135448 usd
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
228963 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
926086 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1947 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-15255 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
6132434 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
7843511 usd
us-gaap Operating Expenses
OperatingExpenses
14814757 usd
us-gaap Operating Expenses
OperatingExpenses
10175936 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-4639308 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-6860427 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-10158234 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-9736553 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
429971 usd
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
100521 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
845914 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
110090 usd
CY2022Q3 us-gaap Interest Expense Other
InterestExpenseOther
3352 usd
us-gaap Interest Expense Other
InterestExpenseOther
9370 usd
us-gaap Interest Expense Other
InterestExpenseOther
3913 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
780229 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
125520 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1166066 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
582728 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1206848 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
226041 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2002610 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
688905 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3432460 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6634386 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8155624 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9047648 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201437 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
513178 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-3633897 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6634386 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8668802 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9047648 usd
CY2021Q3 ftft Gain On Disposal Of Discontinued Operations
GainOnDisposalOfDiscontinuedOperations
-3679447 usd
ftft Gain On Disposal Of Discontinued Operations
GainOnDisposalOfDiscontinuedOperations
-154 usd
ftft Gain On Disposal Of Discontinued Operations
GainOnDisposalOfDiscontinuedOperations
-3523652 usd
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-180344 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
876336 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-3633897 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-10494177 usd
us-gaap Profit Loss
ProfitLoss
-8668956 usd
us-gaap Profit Loss
ProfitLoss
-11694964 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-102398 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-183992 usd
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-503903 usd
us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-183992 usd
ftft Comprehensive Incomeloss Continued Operation
ComprehensiveIncomelossContinuedOperation
-12191566 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3531499 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-10310185 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-8165053 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-11510972 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-457339 usd
CY2022Q3 ftft Comprehensive Incomeloss Continued Operation
ComprehensiveIncomelossContinuedOperation
-5468854 usd
CY2021Q3 ftft Comprehensive Incomeloss Continued Operation
ComprehensiveIncomelossContinuedOperation
-7188881 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-3633897 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6634386 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8668802 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9047648 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1834957 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-554495 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3522764 usd
ftft Comprehensive Incomeloss Continued Operation
ComprehensiveIncomelossContinuedOperation
-9504987 usd
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-3859791 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-154 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2647316 usd
CY2021Q3 ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
133368 usd
ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
68169 usd
CY2021Q3 ftft Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Discontinued Operation
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperation
-3726423 usd
ftft Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Discontinued Operation
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperation
-154 usd
ftft Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Discontinued Operation
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperation
-2579147 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5468854 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-10915304 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-12191720 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-12084134 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-102398 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-183992 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-503903 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-183992 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5366456 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10731312 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11687817 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11900142 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.05
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.1
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.12
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.14
CY2021Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
-0.06
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
-0.04
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.05
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.1
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.14
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71517832 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67014984 shares
CY2021Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
-0.06
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
-0.04
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70960041 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66457193 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70960041 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63728685 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71517832 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64286476 shares
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
76332899 usd
CY2021Q3 ftft Issuance Of Common Stocks Cash
IssuanceOfCommonStocksCash
1553101 usd
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11220779 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6634386 usd
CY2021Q3 ftft Net Income From Discontinueds Operations
NetIncomeFromDiscontinuedsOperations
-180344 usd
CY2021Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
5487930 usd
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-554495 usd
CY2021Q3 ftft Disposition Of Discontinued Operation
DispositionOfDiscontinuedOperation
-3546079 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
83679405 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
75024542 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3633897 usd
CY2022Q3 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
1279740 usd
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1834957 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70835428 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8731141 usd
ftft Issuance Of Common Stocks Cash
IssuanceOfCommonStocksCash
69430439 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11220779 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9047648 usd
ftft Net Income From Discontinueds Operations
NetIncomeFromDiscontinuedsOperations
876336 usd
ftft Sharebased Payments
SharebasedPayments
893250 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
5487930 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-457339 usd
ftft Disposition Of Discontinued Operation
DispositionOfDiscontinuedOperation
-3455483 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
83679405 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
80854158 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8668802 usd
ftft Sharebased Payments
SharebasedPayments
893250 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
1279740 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3522764 usd
ftft Disposition Of Discontinued Operation
DispositionOfDiscontinuedOperation
-154 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70835428 usd
us-gaap Profit Loss
ProfitLoss
-8668956 usd
us-gaap Profit Loss
ProfitLoss
-11694964 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-154 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2647316 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8668802 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9047648 usd
us-gaap Depreciation
Depreciation
137187 usd
us-gaap Depreciation
Depreciation
14018 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
45699 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
3750 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1947 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-15255 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2172990 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6381180 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
926086 usd
ftft Interest Converted To Convertible Note
InterestConvertedToConvertibleNote
96691 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
6665006 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-8290510 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1079100 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1690100 usd
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
5502062 usd
us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
5642045 usd
ftft Increase Decrease In Notes Payable
IncreaseDecreaseInNotesPayable
2816981 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
34679 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1211045 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-452564 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-319953 usd
ftft Repayment Of Amounts Due To Related Parties Net
RepaymentOfAmountsDueToRelatedPartiesNet
904673 usd
ftft Repayment Of Amounts Due To Related Parties Net
RepaymentOfAmountsDueToRelatedPartiesNet
1535238 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
288761 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1398587 usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-41093 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
3239233 usd
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-26118 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
585403 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-19812246 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
2222678 usd
ftft Additions To Property Plant And Equipment
AdditionsToPropertyPlantAndEquipment
59298 usd
ftft Additions To Property Plant And Equipment
AdditionsToPropertyPlantAndEquipment
614720 usd
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
19810956 usd
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
6308385 usd
ftft Payments From Acquisition Of A Subsidiary Ntam Net Of Cash
PaymentsFromAcquisitionOfASubsidiaryNTAMNetOfCash
275427 usd
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
59255 usd
ftft Repayment For Loan Receivable
RepaymentForLoanReceivable
6000000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
570351 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14440605 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-6706933 usd
ftft Proceeds From Amount Due From Related Parties Net
ProceedsFromAmountDueFromRelatedPartiesNet
69430439 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1163146 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-63477 usd
ftft Proceeds From Loan Payable
ProceedsFromLoanPayable
188215 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-251692 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
68267293 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3201964 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-426748 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17308858 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
43544044 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50273517 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9425312 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32964659 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
52969356 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
516 usd
CY2022Q3 ftft Cash And Cash Equivalents From The Continuing Operations End Of Period
CashAndCashEquivalentsFromTheContinuingOperationsEndOfPeriod
32964659 usd
CY2021Q3 ftft Cash And Cash Equivalents From The Continuing Operations End Of Period
CashAndCashEquivalentsFromTheContinuingOperationsEndOfPeriod
52968840 usd
us-gaap Stock Issued1
StockIssued1
11220779 usd
ftft Amount Of Deferred Liabilities
AmountOfDeferredLiabilities
263863 usd
ftft Amount Of Deferred Liabilities
AmountOfDeferredLiabilities
7007512 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
56610 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9370 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3913 usd
CY2022Q3 ftft Income Loss From Continuing Operation Per Basic Share
IncomeLossFromContinuingOperationPerBasicShare
-0.05
CY2022Q3 ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
70960041 shares
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Uses of Estimates in the Preparation of Financial Statements </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s condensed consolidated financial statements have been prepared in accordance with US GAAP and this requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenue and expenses during the reporting period. The significant areas requiring the use of management estimates include, but not limited to, the allowance for doubtful receivable, estimated useful life and residual value of property, plant and equipment, impairment of long-lived assets, provision for staff benefit, recognition and measurement of deferred income taxes and valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates and such differences may be material to our condensed consolidated financial statements. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
CY2022Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
8670000 usd
CY2022Q3 ftft Income Loss From Continuing Operations Including Portion Attributables To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributablesToNoncontrollingInterest
-3531499 usd
CY2022Q3 ftft Income From Continuing Operations Shares
IncomeFromContinuingOperationsShares
70960041 shares
CY2022Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-3531499 usd
CY2022Q3 ftft Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
70960041 shares
CY2022Q3 ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
70960041 shares
CY2022Q3 ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
-0.05
CY2022Q3 ftft Warrants Shares
WarrantsShares
557791 shares
CY2022Q3 ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperations
-3531499 usd
CY2022Q3 ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Shares
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsShares
71517832 shares
CY2022Q3 ftft Diluted Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Per Share Amount Per Share Amount
DilutedNetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsPerShareAmountPerShareAmount
-0.05
CY2022Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
71517832 shares
CY2021Q3 ftft Income Loss From Continuing Operations Including Portion Attributables To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributablesToNoncontrollingInterest
-6450394 usd
CY2021Q3 ftft Income From Continuing Operations Shares
IncomeFromContinuingOperationsShares
66457193 shares
CY2021Q3 ftft Income Loss From Continuing Operation Per Basic Share
IncomeLossFromContinuingOperationPerBasicShare
-0.1
CY2021Q3 ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
-3859791 usd
CY2021Q3 ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
66457193 shares
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.06
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-6450394 usd
CY2021Q3 ftft Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
66457193 shares
CY2021Q3 ftft Loss Available To Common Stockholders From Continuing Operations Preshare
LossAvailableToCommonStockholdersFromContinuingOperationsPreshare
-0.1
CY2021Q3 ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
-3859791 usd
CY2021Q3 ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
66457193 shares
CY2021Q3 ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
-0.06
CY2021Q3 ftft Warrants Shares
WarrantsShares
557791 shares
CY2021Q3 ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperations
-6450394 usd
CY2021Q3 ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Shares
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsShares
67014984 shares
CY2021Q3 ftft Diluted Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Per Share Amount Per Share Amount
DilutedNetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsPerShareAmountPerShareAmount
-0.1
CY2021Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
-3859791 usd
CY2021Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
67014984 shares
CY2021Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
-0.06
ftft Income Loss From Continuing Operations Including Portion Attributables To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributablesToNoncontrollingInterest
-8164899 usd
ftft Income From Continuing Operations Shares
IncomeFromContinuingOperationsShares
70960041 shares
ftft Income Loss From Continuing Operation Per Basic Share
IncomeLossFromContinuingOperationPerBasicShare
-0.12
ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
-154 usd
ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
70960041 shares
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-8164899 usd
ftft Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
70960041 shares
ftft Loss Available To Common Stockholders From Continuing Operations Preshare
LossAvailableToCommonStockholdersFromContinuingOperationsPreshare
-0.12
ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
-154 usd
ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
70960041 shares
ftft Warrants Shares
WarrantsShares
557791 shares
ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperations
-8164899 usd
ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Shares
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsShares
71517832 shares
ftft Diluted Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Per Share Amount Per Share Amount
DilutedNetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsPerShareAmountPerShareAmount
-0.11
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
-154 usd
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
71517832 shares
ftft Income Loss From Continuing Operations Including Portion Attributables To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributablesToNoncontrollingInterest
-8863656 usd
ftft Income From Continuing Operations Shares
IncomeFromContinuingOperationsShares
63728685 shares
ftft Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
63728685 shares
ftft Loss Available To Common Stockholders From Continuing Operations Preshare
LossAvailableToCommonStockholdersFromContinuingOperationsPreshare
-0.14
ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
-2647316 usd
ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
63728685 shares
ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
-0.04
ftft Warrants Shares
WarrantsShares
557791 shares
ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperations
-8863656 usd
ftft Income Loss From Continuing Operation Per Basic Share
IncomeLossFromContinuingOperationPerBasicShare
-0.14
ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
-2647316 usd
ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
63728685 shares
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.04
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-8863656 usd
ftft Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Shares
NetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsShares
64286476 shares
ftft Diluted Net Share Per Share Equals Basic Net Loss Per Share Effect Of Securities Convertible Common Shares Anti Dilutive Discontinuing Operations Per Share Amount Per Share Amount
DilutedNetSharePerShareEqualsBasicNetLossPerShareEffectOfSecuritiesConvertibleCommonSharesAntiDilutiveDiscontinuingOperationsPerShareAmountPerShareAmount
-0.14
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
-2647316 usd
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
64286476 shares
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
-0.04
ftft Government Subsidies Recognized
GovernmentSubsidiesRecognized
500000 cny
ftft Government Subsidies Recognized
GovernmentSubsidiesRecognized
500000 hkd
ftft Increase In Bad Debt Expense
IncreaseInBadDebtExpense
1947 usd
ftft Increase In Bad Debt Expense
IncreaseInBadDebtExpense
-15255 usd
CY2022Q3 us-gaap Other Short Term Investments
OtherShortTermInvestments
970000 usd
CY2021Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
2190000 usd
ftft Settlement Agreement Terms
SettlementAgreementTerms
P10Y
us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
0 usd
ftft Coal And Aluminum Ingots Supply Chain Financing Trading
CoalAndAluminumIngotsSupplyChainFinancingTrading
58259 usd
CY2021 ftft Coal And Aluminum Ingots Supply Chain Financing Trading
CoalAndAluminumIngotsSupplyChainFinancingTrading
7938152 usd
ftft Asset Management Service
AssetManagementService
1394717 usd
CY2021 ftft Asset Management Service
AssetManagementService
1163664 usd
CY2022Q3 ftft Total Accounts Receivables Net
TotalAccountsReceivablesNet
1452976 usd
CY2021Q4 ftft Total Accounts Receivables Net
TotalAccountsReceivablesNet
9101816 usd
ftft Total Account Receivable Net
TotalAccountReceivableNet
0.8907 pure
CY2021 ftft Total Account Receivable Net
TotalAccountReceivableNet
0.9782 pure
CY2022Q3 us-gaap Other Receivables
OtherReceivables
3040000.00 usd
CY2021Q3 ftft Purchase Price
PurchasePrice
685000 eur
CY2021Q3 ftft Purchase Price
PurchasePrice
670000 usd
CY2021Q3 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
400000 eur
CY2021Q3 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
430000 usd
CY2022Q2 ftft Purchase And Receive Of Electricity Requirements
PurchaseAndReceiveOfElectricityRequirements
1 pure
CY2022Q2 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
1000000 usd
ftft Deposit Paid And Prepayments
DepositPaidAndPrepayments
940000 usd
CY2022Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
19500000 usd
CY2021Q3 us-gaap Debt Instrument Description
DebtInstrumentDescription
On September 8, 2021, FUCE Future Supply Chain (Xi’an) Co., Ltd., a wholly owned subsidiary of the Company, entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FUCE Future Supply Chain (Xi’an) Co., Ltd. loaned an amount of US$0.22 million (RMB1.5million) to the third party at the annual interest rate of 5% from September 8, 2021 to September 6, 2023. 
CY2022Q1 us-gaap Debt Instrument Description
DebtInstrumentDescription
Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$5 million to the third party at the annual interest rate of 10% from March 10, 2022 to September 9, 2023.
CY2022Q2 us-gaap Debt Instrument Description
DebtInstrumentDescription
On May 30, 2022, FTFT HK entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, FTFT HK loaned an amount of US$6.36 million to the third party at the annual interest rate of 10% from May 31, 2022 to May 30,2023. 
CY2022Q3 us-gaap Debt Instrument Description
DebtInstrumentDescription
, Limited loaned an amount of US$7.04 million (RMB50 million) to the third party at the annual interest rate of 8% from July 15, 2022 to July 14, 2023.
CY2022Q3 us-gaap Debt Instrument Description
DebtInstrumentDescription
On September 23, 2022, Nice Talent Asset Management Limited entered into a “Loan Agreement” with a third party. Pursuant to the Loan Agreement, Nice Talent Asset Management Limited., loaned an amount of US$0.88 million to the third party at the annual interest rate of 2% from September 23, 2022 to September 22, 2027.
us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
970000 usd
CY2021Q3 us-gaap Alternative Investment
AlternativeInvestment
1830000 usd
CY2021Q3 us-gaap Alternative Investment
AlternativeInvestment
13000000 cny
CY2022Q3 us-gaap Assets Sold Under Agreements To Repurchase Market Value
AssetsSoldUnderAgreementsToRepurchaseMarketValue
970000 usd
CY2022Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
7889871 usd
CY2021Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
2243295 usd
CY2022Q3 us-gaap Supplies
Supplies
168411 usd
CY2021Q4 us-gaap Supplies
Supplies
439404 usd
CY2022Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
371478 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
245000 usd
ftft Total
Total
8429761 usd
CY2021 ftft Total
Total
2927699 usd
us-gaap Goodwill Transfers
GoodwillTransfers
15730000 usd
CY2021Q3 ftft Percentage Of Issued And Outstanding Shares
PercentageOfIssuedAndOutstandingShares
0.90 pure
CY2021Q3 ftft Common Stock Paid
CommonStockPaid
144000000 hkd
CY2021Q3 ftft Percentage Of Common Stock Shares
PercentageOfCommonStockShares
0.60 pure
CY2021Q3 ftft Common Stock Paid
CommonStockPaid
11220000 usd
CY2021Q3 ftft Issuance Of Common Stock
IssuanceOfCommonStock
2244156 shares
CY2021Q4 ftft Percentage Of Common Stock Shares
PercentageOfCommonStockShares
0.40 pure
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7210000 usd
CY2021 ftft Audited Reports Percentage
AuditedReportsPercentage
0.20 pure
CY2021Q3 ftft Issued And Outstanding Percentage
IssuedAndOutstandingPercentage
0.90 pure
CY2021Q3 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
144000000 hkd
CY2021Q3 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
0.60 pure
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
11220000 usd
CY2021Q3 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
2244156 shares
CY2021 ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1407902 usd
CY2022Q3 ftft Other Receivable
OtherReceivable
27701 usd
CY2022Q3 ftft Other Current Assets
OtherCurrentAssets
7039 usd
CY2022Q3 ftft Property Plant Equipment Net
PropertyPlantEquipmentNet
53577 usd
CY2022Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
38323 usd
CY2022Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
498515 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1036027 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
131165 usd
CY2022Q3 us-gaap Goodwill Gross
GoodwillGross
17164598 usd
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
275624 usd
CY2022Q3 ftft Total Purchase Price For Acquisition Net Cash
TotalPurchasePriceForAcquisitionNetCash
18069460 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
360000 usd
ftft Lessee Operating Lease Remaining Lease Term1
LesseeOperatingLeaseRemainingLeaseTerm1
P1M
CY2022Q3 ftft Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P1Y11M1D
ftft Operating Lease Weighted Average Discount Rate Percent1
OperatingLeaseWeightedAverageDiscountRatePercent1
0.0475 pure
CY2022Q3 ftft Operating Leases Future Minimum Payments Due In Two Year
OperatingLeasesFutureMinimumPaymentsDueInTwoYear
170305 usd
CY2022Q3 ftft Operating Leases Future Minimum Payments Due In T Hree Year
OperatingLeasesFutureMinimumPaymentsDueInTHreeYear
156114 usd
CY2022Q3 ftft Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
326419 usd
CY2022Q3 ftft Capital Lease Future Minimum Payments Interest Included In Payments
CapitalLeaseFutureMinimumPaymentsInterestIncludedInPayments
15630 usd
CY2022Q3 ftft Capital Lease Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeaseFutureMinimumPaymentsPresentValueOfNetMinimumPayments
310789 usd
CY2022Q3 ftft Operating Leases Liability Current
OperatingLeasesLiabilityCurrent
151692 usd
CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
159097 usd
CY2022Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
221132 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
173551 usd
ftft Vehicle
Vehicle
518474 usd
CY2021 ftft Vehicle
Vehicle
595569 usd
CY2022Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
37529 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
37779 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
777135 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
806899 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
223403 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
99323 usd
CY2022Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2802845 usd
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2461690 usd
CY2022Q3 ftft Impairment Loss
ImpairmentLoss
-5580 usd
CY2021Q4 ftft Impairment Loss
ImpairmentLoss
-6214 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3350997 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3163052 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
137187 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14018 usd
us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
0 usd
us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
0 usd
CY2022Q3 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
845 usd
CY2021Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
941 usd
CY2022Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2540463 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2126791 usd
ftft Payment Dividends
PaymentDividends
0.50 pure
us-gaap Real Estate Investment Partnership Cost Of Sales
RealEstateInvestmentPartnershipCostOfSales
0 usd
CY2022Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2541308 usd
CY2021Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2127732 usd
CY2022Q3 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
178568 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
148533 usd
CY2022Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1708968 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1903059 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
653772 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
76140 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
45699 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
3750 usd
us-gaap Real Estate Investment Partnership Cost Of Sales
RealEstateInvestmentPartnershipCostOfSales
0 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
71170 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
71170 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
71088 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
70923 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
70923 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
298498 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
653772 usd
CY2022Q3 us-gaap Notes Payable
NotesPayable
2820000 usd
CY2022Q3 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
2820000 usd
CY2022Q3 us-gaap Energy Related Inventory Coal
EnergyRelatedInventoryCoal
20000000 cny
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2023-08-12
CY2021Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
190000 usd
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
usd
CY2022Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
214617 usd
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
272093 usd
CY2022Q3 ftft Accrued Suppliers
AccruedSuppliers
491501 usd
CY2021Q4 ftft Accrued Suppliers
AccruedSuppliers
155043 usd
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
usd
CY2022Q3 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
20331 usd
CY2021Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
280647 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
819817 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
590815 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1546266 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1298598 usd
CY2020Q4 us-gaap Convertible Debt
ConvertibleDebt
1163146 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1163146 usd
ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
ftft Purchase Price Description
PurchasePriceDescription
the Purchase Price (current $3.74 million, non-current $3.65 million) shall be paid in shares of common stock of the Company upon the completion of the audited reports for Nice Talent for each of the years ended on December 31, 2021 and December 31, 2022, respectively. Nice Talent has met the performance requirements for the year ended on December 31, 2021 and the first 20% of the Purchase Price in shares of common stock of the Company has been paid in July 2022, and the final 20% of the Purchase Price has not been paid in the shares of common stock of the Company as of the date of this report as it is subject to the performance of Nice Talent for the year ended of December 31, 2022.
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7120000 usd
CY2021 ftft Deferred Purchase Prices
DeferredPurchasePrices
0.40 pure
CY2021Q4 ftft Current Purchase Price
CurrentPurchasePrice
3740000 usd
CY2021Q4 ftft Non Current Purchase Price
NonCurrentPurchasePrice
3380000 usd
ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
usd
CY2022Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
238402 usd
CY2022Q3 us-gaap Due From Related Parties
DueFromRelatedParties
7307 usd
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
992702 usd
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
261413 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
513178 usd
ftft Income Tax Description
IncomeTaxDescription
Effective on January 1, 2008, the PRC Enterprise Income Tax Law, EIT Law, and Implementing Rules imposed a unified enterprise income tax rate of 25% on all domestic-invested enterprises and foreign-invested enterprises in the PRC, unless they qualify under certain limited exceptions. The tax rate for pre-tax profits below RMB 1 million is 2.5%; the tax rate for pre-tax profits between RMB1 million to RMB 3 million is 5%. E-Commerce Tianjin, Future Supply (Chengdu) Co., Ltd. and Future Big Data (Chengdu) Co., Ltd. were subject to an enterprise income tax rate of 2.5%, 2.5% and 5%, respectively. Other subsidiaries and VIE were subject to an enterprise income tax rate of 25%. 
ftft Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interests
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterests
8155624 usd
ftft Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interests
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterests
9047648 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2038906 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2261912 usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
603823 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1948261 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2261912 usd
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
513178 usd
us-gaap Goodwill Impairment Loss Net Of Tax
GoodwillImpairmentLossNetOfTax
930000 usd
CY2022Q3 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
1830000 usd
CY2022Q3 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
13000000 cny
CY2022Q3 us-gaap Marketable Securities
MarketableSecurities
970000 usd
ftft Net Income
NetIncome
0.10 pure
CY2020Q1 ftft Consulting Fee
ConsultingFee
3000000 usd
CY2020Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
3750000 shares
CY2020Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.794
CY2020Q1 ftft Consulting Service Agreement Description
ConsultingServiceAgreementDescription
On February 23, 2020, the Company issued the Consultant Shares pursuant to the Agreement, of which 1,500,000 shares were released to the Consultant immediately, 1,125,000 and 1,125,000 shares, respectively, will be held by the Company and released to the Consultant on January 25, 2021 and January 25, 2022 if this Agreement has not been terminated and there has been no breach of the Agreement by the Consultant at such time.
CY2020 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
1190000 usd
CY2021Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
890000 usd
CY2021Q1 ftft Stock Closing Price
StockClosingPrice
0.794
CY2021Q1 ftft Consultant Shares
ConsultantShares
1125000 shares
CY2022Q3 us-gaap Equity Restrictions
EquityRestrictions
25460000 usd
CY2022Q3 us-gaap Equity Restrictions
EquityRestrictions
168239218 cny
CY2022Q3 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
3047000 shares
CY2022Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.001
CY2022Q3 us-gaap Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
0.42
CY2022Q3 us-gaap Investment Company Registration Expense
InvestmentCompanyRegistrationExpense
1280000 usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1180528 usd
ftft Disposal Group Including Discontinued Operation Costs Of Good Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodSold
573716 usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
606812 usd
CY2021Q3 ftft Disposal Group Including Discontinued Operation General And Administrative Expenses
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpenses
152272 usd
ftft Disposal Group Including Discontinued Operation General And Administrative Expenses
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpenses
12280 usd
CY2021Q3 ftft Disposal Group Including Discontinued Operation Selling Expenses
DisposalGroupIncludingDiscontinuedOperationSellingExpenses
493 usd
ftft Disposal Group Including Discontinued Operation Selling Expenses
DisposalGroupIncludingDiscontinuedOperationSellingExpenses
493 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
-3075 usd
CY2021Q3 ftft Disposal Group Including Discontinued Operating Expenses
DisposalGroupIncludingDiscontinuedOperatingExpenses
152765 usd
ftft Disposal Group Including Discontinued Operating Expenses
DisposalGroupIncludingDiscontinuedOperatingExpenses
9698 usd
ftft Disposal Group Including Discontinued Operations Interest Income
DisposalGroupIncludingDiscontinuedOperationsInterestIncome
229 usd
CY2021Q3 ftft Disposal Group Including Discontinued Operation Interest Expenses
DisposalGroupIncludingDiscontinuedOperationInterestExpenses
281449 usd
ftft Disposal Group Including Discontinued Operation Interest Expenses
DisposalGroupIncludingDiscontinuedOperationInterestExpenses
370 usd
CY2021Q3 ftft Other Incomeexpenses
otherIncomeexpenses
253870 usd
ftft Other Incomeexpenses
otherIncomeexpenses
279363 usd
CY2021Q3 ftft Disposal Group Including Discontinued Other Income Expenses
DisposalGroupIncludingDiscontinuedOtherIncomeExpenses
-27579 usd
ftft Disposal Group Including Discontinued Other Income Expenses
DisposalGroupIncludingDiscontinuedOtherIncomeExpenses
279222 usd
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-180344 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
876336 usd
CY2021Q3 ftft Income Loss From Discontinued Operation Before Minority Interest
IncomeLossFromDiscontinuedOperationBeforeMinorityInterest
-180344 usd
ftft Income Loss From Discontinued Operation Before Minority Interest
IncomeLossFromDiscontinuedOperationBeforeMinorityInterest
876336 usd
CY2021Q3 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-3679447 usd
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-154 usd
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-3523652 usd
CY2021Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-3859791 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-154 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-2647316 usd
CY2021Q4 ftft Disposal Group Including Discontinued Operation Amount Due To Related Parties
DisposalGroupIncludingDiscontinuedOperationAmountDueToRelatedParties
157 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
157 usd
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 pure
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 pure
CY2022Q3 ftft Reportable Segment Revenue
ReportableSegmentRevenue
11959019 usd
CY2022Q3 ftft Revenues From External Customers
RevenuesFromExternalCustomers
11959019 usd
CY2022Q3 ftft Segment Gross Profit
SegmentGrossProfit
1493126 usd
CY2021Q3 ftft Reportable Segment Revenue
ReportableSegmentRevenue
19641781 usd
CY2021Q3 ftft Intersegment Loss
IntersegmentLoss
7896754 usd
CY2021Q3 ftft Revenues From External Customers
RevenuesFromExternalCustomers
11745027 usd
CY2021Q3 ftft Segment Gross Profit
SegmentGrossProfit
983084 usd
ftft Reportable Segment Revenue
ReportableSegmentRevenue
22843661 usd
ftft Revenues From External Customers
RevenuesFromExternalCustomers
22843661 usd
ftft Segment Gross Profit
SegmentGrossProfit
4656523 usd
ftft Reportable Segment Revenue
ReportableSegmentRevenue
21747779 usd
ftft Intersegment Loss
IntersegmentLoss
9243885 usd
ftft Revenues From External Customers
RevenuesFromExternalCustomers
12503894 usd
ftft Segment Gross Profit
SegmentGrossProfit
439383 usd
us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
7000000 usd
dei Local Phone Number
LocalPhoneNumber
622-1218
dei City Area Code
CityAreaCode
888
CY2022Q3 ftft Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest Discontinued Operation
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestDiscontinuedOperation
usd
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
usd
CY2021Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
usd
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
usd
CY2021Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2022Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2021Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
usd
CY2021Q3 us-gaap Interest Expense Other
InterestExpenseOther
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022Q3 ftft Gain On Disposal Of Discontinued Operations
GainOnDisposalOfDiscontinuedOperations
usd
CY2022Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
CY2022Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerDilutedShare
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
usd
ftft Interest Converted To Convertible Note
InterestConvertedToConvertibleNote
usd
ftft Increase Decrease In Notes Payable
IncreaseDecreaseInNotesPayable
usd
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
usd
ftft Payments From Acquisition Of A Subsidiary Ntam Net Of Cash
PaymentsFromAcquisitionOfASubsidiaryNTAMNetOfCash
usd
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
usd
ftft Repayment For Loan Receivable
RepaymentForLoanReceivable
usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
usd
ftft Proceeds From Loan Payable
ProceedsFromLoanPayable
usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
CY2022Q3 ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
usd
CY2022Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
CY2022Q3 ftft Loss Available To Common Stockholders From Continuing Operations Preshare
LossAvailableToCommonStockholdersFromContinuingOperationsPreshare
CY2022Q3 ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
usd
CY2022Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
usd
CY2022Q3 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
ftft Warrants Per Share Price
WarrantsPerSharePrice
ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
ftft Warrants Per Share Price
WarrantsPerSharePrice
CY2022Q3 ftft Disposal Group Including Discontinued Operation General And Administrative Expenses
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpenses
usd
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
ftft Disposal Group Including Discontinued Operation Costs Of Good Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodSold
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
usd
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
CY2021Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
CY2022Q3 us-gaap Convertible Debt
ConvertibleDebt
usd
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
usd
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
usd
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
usd
us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
usd
CY2022Q3 ftft Disposal Group Including Discontinued Operation Costs Of Good Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodSold
usd
ftft Disposal Group Including Discontinued Operation General And Administrative Expenses
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpenses
usd
CY2022Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
usd
CY2022Q3 ftft Disposal Group Including Discontinued Operating Expenses
DisposalGroupIncludingDiscontinuedOperatingExpenses
usd
ftft Disposal Group Including Discontinued Operating Expenses
DisposalGroupIncludingDiscontinuedOperatingExpenses
usd
CY2022Q3 ftft Disposal Group Including Discontinued Operations Interest Income
DisposalGroupIncludingDiscontinuedOperationsInterestIncome
usd
ftft Disposal Group Including Discontinued Operations Interest Income
DisposalGroupIncludingDiscontinuedOperationsInterestIncome
usd
CY2022Q3 ftft Disposal Group Including Discontinued Other Income Expenses
DisposalGroupIncludingDiscontinuedOtherIncomeExpenses
usd
ftft Disposal Group Including Discontinued Other Income Expenses
DisposalGroupIncludingDiscontinuedOtherIncomeExpenses
usd
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
usd
CY2022Q3 ftft Income Loss From Discontinued Operation Before Minority Interest
IncomeLossFromDiscontinuedOperationBeforeMinorityInterest
usd
ftft Income Loss From Discontinued Operation Before Minority Interest
IncomeLossFromDiscontinuedOperationBeforeMinorityInterest
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
usd
CY2022Q3 ftft Disposal Group Including Discontinued Operation Amount Due To Related Parties
DisposalGroupIncludingDiscontinuedOperationAmountDueToRelatedParties
usd
CY2022Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities
usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilities
usd
CY2022Q3 ftft Disposal Group Including Discontinued Operation Amount Due From Related Parties
DisposalGroupIncludingDiscontinuedOperationAmountDueFromRelatedParties
usd
CY2021Q4 ftft Disposal Group Including Discontinued Operation Amount Due From Related Parties
DisposalGroupIncludingDiscontinuedOperationAmountDueFromRelatedParties
usd
CY2022Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
usd
CY2021Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
usd
CY2022Q3 ftft Intersegment Loss
IntersegmentLoss
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001066923

Files In Submission

Name View Source Status
0001213900-22-074214-index-headers.html Edgar Link pending
0001213900-22-074214-index.html Edgar Link pending
0001213900-22-074214.txt Edgar Link pending
0001213900-22-074214-xbrl.zip Edgar Link pending
f10q0922ex31-1_futurefintech.htm Edgar Link pending
ftft-20220930_lab.xml Edgar Link unprocessable
f10q0922ex31-2_futurefintech.htm Edgar Link pending
f10q0922ex32-1_futurefintech.htm Edgar Link pending
f10q0922ex32-2_futurefintech.htm Edgar Link pending
f10q0922_futurefintech.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ftft-20220930.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
ftft-20220930_cal.xml Edgar Link unprocessable
ftft-20220930_pre.xml Edgar Link unprocessable
f10q0922_futurefintech_htm.xml Edgar Link completed
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
ftft-20220930_def.xml Edgar Link unprocessable