2023 Q1 Form 10-Q Financial Statement

#000121390023041968 Filed on May 22, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $3.394M $3.466M
YoY Change -2.09% 34563.7%
Cost Of Revenue $2.186M $1.678M
YoY Change 30.26% 16683.9%
Gross Profit $1.208M $1.788M
YoY Change -32.46%
Gross Profit Margin 35.58% 51.58%
Selling, General & Admin $73.61K $3.726M
YoY Change -98.02% 131.42%
% of Gross Profit 6.1% 208.39%
Research & Development $208.7K $433.1K
YoY Change -51.8%
% of Gross Profit 17.28% 24.22%
Depreciation & Amortization $73.61K $56.98K
YoY Change 29.19%
% of Gross Profit 6.1% 3.19%
Operating Expenses $3.836M $4.216M
YoY Change -9.0% 161.86%
Operating Profit -$2.629M -$2.428M
YoY Change 8.27% 50.8%
Interest Expense $452.6K $170.2K
YoY Change 166.01% 30.88%
% of Operating Profit
Other Income/Expense, Net $406.9K -$4.100K
YoY Change -10025.56% -100.84%
Pretax Income -$2.222M -$2.510M
YoY Change -11.5% 153.58%
Income Tax $25.67K $188.0K
% Of Pretax Income
Net Earnings -$2.247M $0.00
YoY Change -100.0%
Net Earnings / Revenue -66.22% 0.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.15 $0.00
COMMON SHARES
Basic Shares Outstanding 14.65M shares 70.07M shares
Diluted Shares Outstanding 14.86M shares 13.65M shares

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.34M $55.44M
YoY Change -68.72% 31.68%
Cash & Equivalents $19.80M $53.64M
Short-Term Investments $1.177M $1.799M
Other Short-Term Assets $15.23M $2.364M
YoY Change 544.06% 2264.03%
Inventory $503.8K
Prepaid Expenses
Receivables $4.343M $8.122M
Other Receivables $5.508M $7.400M
Total Short-Term Assets $65.19M $73.32M
YoY Change -11.09% 53.08%
LONG-TERM ASSETS
Property, Plant & Equipment $4.409M $3.201M
YoY Change 37.72% 967.11%
Goodwill $13.98M
YoY Change
Intangibles $503.8K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $19.87M $19.44M
YoY Change 2.18% 3788.58%
TOTAL ASSETS
Total Short-Term Assets $65.19M $73.32M
Total Long-Term Assets $19.87M $19.44M
Total Assets $85.06M $92.77M
YoY Change -8.31% 91.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.633M $80.00
YoY Change 2041462.5% -99.96%
Accrued Expenses $1.854M $959.2K
YoY Change 93.33% -52.04%
Deferred Revenue
YoY Change
Short-Term Debt $3.638M $4.647M
YoY Change -21.71% 1449.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.36M $10.24M
YoY Change 98.79% 230.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $189.0K
YoY Change -100.0%
Other Long-Term Liabilities $677.4K $3.470M
YoY Change -80.48% 285.54%
Total Long-Term Liabilities $677.4K $3.659M
YoY Change -81.49% 306.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.36M $10.24M
Total Long-Term Liabilities $677.4K $3.659M
Total Liabilities $21.04M $13.13M
YoY Change 60.16% 236.77%
SHAREHOLDERS EQUITY
Retained Earnings -$154.5M
YoY Change
Common Stock $14.65K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $65.37M $79.63M
YoY Change
Total Liabilities & Shareholders Equity $85.06M $92.77M
YoY Change -8.31% 91.67%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.247M $0.00
YoY Change -100.0%
Depreciation, Depletion And Amortization $73.61K $56.98K
YoY Change 29.19%
Cash From Operating Activities -$10.44M -$638.6K
YoY Change 1534.21% -8.77%
INVESTING ACTIVITIES
Capital Expenditures $68.97K -$588.3K
YoY Change -111.72%
Acquisitions $275.6K
YoY Change
Other Investing Activities $225.0K $1.000M
YoY Change -77.5%
Cash From Investing Activities $156.0K $411.8K
YoY Change -62.11%
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 3.558M
YoY Change -100.0% -89.31%
NET CHANGE
Cash From Operating Activities -10.44M -638.6K
Cash From Investing Activities $156.0K 411.8K
Cash From Financing Activities 0.000 3.558M
Net Change In Cash -$9.935M 3.331M
YoY Change -398.23%
FREE CASH FLOW
Cash From Operating Activities -$10.44M -$638.6K
Capital Expenditures $68.97K -$588.3K
Free Cash Flow -$10.51M -$50.39K
YoY Change 20748.76% -92.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-34502
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Future FinTech Group Inc.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-0222013
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
Americas Tower
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
1177 Avenue of The Americas
CY2023Q1 dei Entity Address Address Line3
EntityAddressAddressLine3
Suite 5100
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
New York
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2023Q1 dei City Area Code
CityAreaCode
888
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
622-1218
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $0.001 per share
CY2023Q1 dei Trading Symbol
TradingSymbol
FTFT
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
14645653 shares
CY2023Q1 us-gaap Cash
Cash
16161676 usd
CY2022Q4 us-gaap Cash
Cash
26145588 usd
CY2023Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
3638110 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
3589582 usd
CY2023Q1 us-gaap Short Term Investments
ShortTermInvestments
1176910 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
988073 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4342556 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7796672 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
15225822 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4670264 usd
CY2023Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
19039220 usd
CY2022Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
19157538 usd
CY2023Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
5508219 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2649536 usd
CY2023Q1 ftft Due From Related Party Current
DueFromRelatedPartyCurrent
-100022 usd
CY2022Q4 ftft Due From Related Party Current
DueFromRelatedPartyCurrent
-53126 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
65192535 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
65050379 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4408927 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4417281 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
977303 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1055906 usd
CY2023Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
503810 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
518069 usd
CY2023Q1 us-gaap Goodwill
Goodwill
13976084 usd
CY2022Q4 us-gaap Goodwill
Goodwill
13976084 usd
CY2023Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
19866124 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
19967340 usd
CY2023Q1 us-gaap Assets
Assets
85058659 usd
CY2022Q4 us-gaap Assets
Assets
85017719 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1633250 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3603577 usd
CY2023Q1 us-gaap Notes Payable Current
NotesPayableCurrent
3638110 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
3589582 usd
CY2023Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
1554463 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
2214256 usd
CY2023Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5606663 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1236241 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
299920 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
294944 usd
CY2023Q1 ftft Due To Related Partys Current
DueToRelatedPartysCurrent
-238069 usd
CY2022Q4 ftft Due To Related Partys Current
DueToRelatedPartysCurrent
-244819 usd
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
7387697 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
7387697 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
20358172 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
18571116 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
677383 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
760962 usd
CY2023Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
677383 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
760962 usd
CY2023Q1 us-gaap Liabilities
Liabilities
21035555 usd
CY2022Q4 us-gaap Liabilities
Liabilities
19332078 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14645653 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14645653 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14645653 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14645653 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
14646 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
14646 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
222751657 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
222751657 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
98357 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
98357 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-154452898 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-152276434 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-3038065 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-3623005 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
65373697 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
66965221 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
-1350593 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
-1279580 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
64023104 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
65685641 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
85058659 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
85017719 usd
CY2023Q1 us-gaap Revenues
Revenues
3393965 usd
CY2022Q1 us-gaap Revenues
Revenues
3466365 usd
CY2023Q1 ftft Cost Of Goods Sold Third Party
CostOfGoodsSoldThirdParty
1824370 usd
CY2022Q1 ftft Cost Of Goods Sold Third Party
CostOfGoodsSoldThirdParty
1678388 usd
CY2023Q1 ftft Cost Of Good Sold Related Party
CostOfGoodSoldRelatedParty
361958 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
1207637 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
1787977 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3478400 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3410410 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
208723 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
433055 usd
CY2023Q1 us-gaap Selling Expense
SellingExpense
132439 usd
CY2022Q1 us-gaap Selling Expense
SellingExpense
370469 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16826 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2002 usd
CY2022Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
248512 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
3836388 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
4464448 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2628751 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-2676471 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
455457 usd
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
173230 usd
CY2023Q1 us-gaap Interest Expense Other
InterestExpenseOther
2842 usd
CY2022Q1 us-gaap Interest Expense Other
InterestExpenseOther
3076 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-45667 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4101 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
406948 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
166053 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2221803 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2510418 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-25674 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-187953 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2247477 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2698371 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
71013 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
175209 usd
CY2023Q1 ftft Income Loss From Continuing Operations Including Portions Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionsAttributableToNoncontrollingInterest
-2176464 usd
CY2022Q1 ftft Income Loss From Continuing Operations Including Portions Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionsAttributableToNoncontrollingInterest
-2523162 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2247477 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2698371 usd
CY2023Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
180851 usd
CY2023Q1 ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
404089 usd
CY2022Q1 ftft Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax Discontinued Operstion
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxDiscontinuedOperstion
-182617 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1662537 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2880988 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-71013 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-175209 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1591524 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2705779 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.15
CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.19
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14645653 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13088090 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14856179 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13645881 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
80854158 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-2698371 usd
CY2022Q1 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
893250 usd
CY2022Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-182617 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
78866420 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
65685641 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-2247477 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
180851000000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
404089 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
64023104 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-2247477 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-2698371 usd
CY2023Q1 us-gaap Depreciation
Depreciation
73614 usd
CY2022Q1 us-gaap Depreciation
Depreciation
45208 usd
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
14259 usd
CY2022Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
11768 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16826 usd
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2002 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
893250 usd
CY2022Q1 ftft Impairment Of Short Term Investment
ImpairmentOfShortTermInvestment
248512 usd
CY2023Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
3454116 usd
CY2022Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
1284130 usd
CY2023Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2875509 usd
CY2022Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
437335 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
10555558 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
-563832 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1970327 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-659794 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-404870 usd
CY2023Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-46860 usd
CY2022Q1 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-165492 usd
CY2023Q1 ftft Repayment Of Amounts Due To Related Parties Net
RepaymentOfAmountsDueToRelatedPartiesNet
104156 usd
CY2022Q1 ftft Repayment Of Amounts Due To Related Parties Net
RepaymentOfAmountsDueToRelatedPartiesNet
312270 usd
CY2023Q1 ftft Increase Decrease In Advances From Customers
IncreaseDecreaseInAdvancesFromCustomers
4370422 usd
CY2022Q1 ftft Increase Decrease In Advances From Customers
IncreaseDecreaseInAdvancesFromCustomers
13 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-10436724 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-638639 usd
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1 usd
CY2023Q1 ftft Additions To Property Plant And Equipment
AdditionsToPropertyPlantAndEquipment
68970 usd
CY2022Q1 ftft Additions To Property Plant And Equipment
AdditionsToPropertyPlantAndEquipment
17902 usd
CY2022Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
5000000 usd
CY2023Q1 ftft Repayment For Loan Receivable
RepaymentForLoanReceivable
224970 usd
CY2022Q1 ftft Repayment For Loan Receivable
RepaymentForLoanReceivable
6000000 usd
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
570351 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
156000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
411747 usd
CY2022Q1 ftft Proceeds From Loan Payable
ProceedsFromLoanPayable
-3621827 usd
CY2022Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-63477 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3558350 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
345340 usd
CY2023Q1 ftft Proceeds From Loan Payable
ProceedsFromLoanPayable
usd
CY2023Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
14856179 shares
CY2023Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
-0.15
CY2022Q1 ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
-2523162 usd
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32969 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9935384 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3364426 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29735170 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50273517 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19799786 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53637943 usd
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
63162 usd
CY2022Q4 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
685000000000 usd
CY2023Q1 us-gaap Share Price
SharePrice
0.001
CY2023Q1 us-gaap Shares Issued
SharesIssued
10000000 shares
CY2023Q1 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; text-align: justify"> </p>
CY2022Q1 ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
13088090 shares
CY2022Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.19
CY2022Q1 ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
-2523162 usd
CY2022Q1 ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
13088090 shares
CY2022Q1 ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
-0.19
CY2022Q1 ftft Warrants Shares
WarrantsShares
557791 shares
CY2023Q1 ftft Operating Loss
OperatingLoss
2250000 usd
CY2023Q1 ftft Operating Cash Flow
OperatingCashFlow
10440000 usd
CY2023Q1 ftft Net Income Loss From Discontinued Operation Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationAvailableToCommonShareholdersBasic
-2176464 usd
CY2023Q1 ftft Income From Discontinuing Operations Share
IncomeFromDiscontinuingOperationsShare
14645653 shares
CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
-0.15
CY2023Q1 ftft Income Loss From Continuings Operation
IncomeLossFromContinuingsOperation
-2176464 usd
CY2023Q1 ftft Income Available To Common Stockholders From Continuing Operations
IncomeAvailableToCommonStockholdersFromContinuingOperations
14645653 shares
CY2023Q1 ftft Income Available To Common Stockholders From Continuing Operation Pershare
IncomeAvailableToCommonStockholdersFromContinuingOperationPershare
-0.15
CY2023Q1 ftft Warrants Shares
WarrantsShares
210526 shares
CY2023Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
-2176464 usd
CY2022Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Avera
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAvera
-2523162 usd
CY2022Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averag
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverag
13645881 shares
CY2022Q1 ftft Diluted Earnings Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average
DilutedEarningsPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverage
-0.18
CY2023Q1 ftft Government Subsidies Recognized
GovernmentSubsidiesRecognized
500000 cny
CY2023Q1 ftft Government Subsidies Recognized
GovernmentSubsidiesRecognized
18000 gbp
CY2023Q1 ftft Increase In Bad Debt Expense
IncreaseInBadDebtExpense
16826 usd
CY2022 ftft Increase In Bad Debt Expense
IncreaseInBadDebtExpense
2002 usd
CY2023Q1 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
110000 usd
CY2022Q2 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2023Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2023Q1 us-gaap Other Short Term Investments
OtherShortTermInvestments
1180000 usd
CY2022Q4 us-gaap Other Short Term Investments
OtherShortTermInvestments
990000 usd
CY2023Q1 us-gaap Goodwill Transfers
GoodwillTransfers
180000 usd
CY2022 us-gaap Goodwill Transfers
GoodwillTransfers
910000 usd
CY2022 ftft Settlement Agreement Terms
SettlementAgreementTerms
P10Y
CY2023Q1 ftft Transfer Price
TransferPrice
0 usd
CY2022Q4 ftft Total Accounts Receivables Net
TotalAccountsReceivablesNet
7796672 usd
CY2022Q1 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
6360000 usd
CY2022Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2023Q2 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2023Q1 ftft Coal And Aluminum Ingots Supply Chain Financing Trading
CoalAndAluminumIngotsSupplyChainFinancingTrading
3155142 usd
CY2022Q4 ftft Coal And Aluminum Ingots Supply Chain Financing Trading
CoalAndAluminumIngotsSupplyChainFinancingTrading
6624654 usd
CY2023Q1 ftft Asset Management Service
AssetManagementService
1154743 usd
CY2022Q4 ftft Asset Management Service
AssetManagementService
1145518 usd
CY2023Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
32671 usd
CY2022Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
26500 usd
CY2023Q1 ftft Total Accounts Receivables Net
TotalAccountsReceivablesNet
4342556 usd
CY2023Q3 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
5090000.00 usd
CY2023Q3 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
35000000 cny
CY2023Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2180000 usd
CY2023Q3 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
15000000 cny
CY2022Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
19160000 usd
CY2021Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
220000 usd
CY2021Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
1500000 cny
CY2023Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0525 pure
CY2023Q1 ftft Total Accounts Receivable Net
TotalAccountsReceivableNet
0.7026 pure
CY2022 ftft Total Accounts Receivable Net
TotalAccountsReceivableNet
0.7599 pure
CY2023Q1 us-gaap Other Receivables
OtherReceivables
5510000 usd
CY2022Q2 us-gaap Deposits
Deposits
1860000 usd
CY2023Q1 us-gaap Deposits
Deposits
180000 usd
CY2023Q1 us-gaap Deposits
Deposits
2400000 usd
CY2023Q2 ftft Agreement Amount
AgreementAmount
2400000 usd
CY2023Q1 us-gaap Deposit Assets
DepositAssets
1070000.00 usd
CY2022 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
2650000 usd
CY2022Q4 ftft Company Corporated
CompanyCorporated
786887 eur
CY2022Q4 us-gaap Other Cash Equivalents At Carrying Value
OtherCashEquivalentsAtCarryingValue
400000 eur
CY2022Q4 us-gaap Deferred Revenue Refund Payments1
DeferredRevenueRefundPayments1
240000 usd
CY2023Q1 us-gaap Amount Of Regulatory Assistance Received1
AmountOfRegulatoryAssistanceReceived1
240000 usd
CY2022Q2 us-gaap Cash Reserve Deposit Required And Made
CashReserveDepositRequiredAndMade
1000000 usd
CY2022Q2 us-gaap Accounts Receivable Sale
AccountsReceivableSale
240000 usd
CY2023Q1 ftft Deposit Paid And Prepayments
DepositPaidAndPrepayments
1170000 usd
CY2023Q1 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
19040000.00 usd
CY2022Q1 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5000000 usd
CY2023Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2022Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
6360000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
400000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2022Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
7280000 usd
CY2022Q3 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
50000000 cny
CY2022Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.08 pure
CY2023Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.08 pure
CY2023Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0525 pure
CY2022Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
5000000 usd
CY2023Q2 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
6360000 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.10 pure
CY2022Q3 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.08 pure
CY2023Q1 us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
1180000 usd
CY2023Q1 us-gaap Other Investments
OtherInvestments
180000 usd
CY2022 us-gaap Interest Income Short Term Investment Other
InterestIncomeShortTermInvestmentOther
990000 usd
CY2021Q3 us-gaap Alternative Investment
AlternativeInvestment
13000000 cny
CY2021Q3 us-gaap Alternative Investment
AlternativeInvestment
1870000 usd
CY2022Q4 us-gaap Assets Sold Under Agreements To Repurchase Market Value
AssetsSoldUnderAgreementsToRepurchaseMarketValue
990000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
910000 usd
CY2023Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
10993990 usd
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
3766643 usd
CY2023Q1 ftft Prepayments For Sand And Steel Supply Chain Financing Trading
PrepaymentsForSandAndSteelSupplyChainFinancingTrading
2644050 usd
CY2023Q1 us-gaap Supplies
Supplies
184243 usd
CY2022Q4 us-gaap Supplies
Supplies
72544 usd
CY2023Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1403539 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
831077 usd
CY2023Q1 ftft Total
Total
15225822 usd
CY2022 ftft Total
Total
4670264 usd
CY2023Q1 us-gaap Goodwill Gross
GoodwillGross
17164598 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
275624 usd
CY2023Q1 ftft Total Purchase Price For Acquisition Net Cash
TotalPurchasePriceForAcquisitionNetCash
18069460 usd
CY2022Q4 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
1 pure
CY2022 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
13980000 usd
CY2023Q1 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
13980000 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
CY2022Q4 ftft Percentage Of Common Stock Shares
PercentageOfCommonStockShares
0.40 pure
CY2022 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
7390000 usd
CY2021Q3 ftft Number Of Installments
NumberOfInstallments
2 pure
CY2021Q3 us-gaap Shares Acquired Weighted Average Discount To Net Assets Percentage
SharesAcquiredWeightedAverageDiscountToNetAssetsPercentage
0.20 pure
CY2022Q4 us-gaap Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
786887 eur
CY2022Q4 us-gaap Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
950000 usd
CY2022Q4 ftft Impairment Losses
ImpairmentLosses
2210000 usd
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 Excess Stock Shares Issued
ExcessStockSharesIssued
2244156 shares
CY2022 ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
CY2021Q3 ftft Number Of Installments
NumberOfInstallments
2 pure
CY2021Q3 us-gaap Shares Acquired Weighted Average Discount To Net Assets Percentage
SharesAcquiredWeightedAverageDiscountToNetAssetsPercentage
0.20 pure
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1407902 usd
CY2023Q1 ftft Other Receivable
OtherReceivable
27701 usd
CY2023Q1 ftft Other Current Assets
OtherCurrentAssets
7039 usd
CY2023Q1 ftft Property Plant Equipment Net
PropertyPlantEquipmentNet
53577 usd
CY2023Q1 ftft Due From Related Party Noncurrent
DueFromRelatedPartyNoncurrent
38323 usd
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
498515 usd
CY2023Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1036027 usd
CY2023Q1 ftft Less Noncontrolling Interests
LessNoncontrollingInterests
131165 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2022Q4 ftft Company Incorporated
CompanyIncorporated
786887 gbp
CY2022Q4 ftft Company Incorporated
CompanyIncorporated
950000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
980000 usd
CY2023Q1 ftft Lessee Operating Lease Remaining Lease Term1
LesseeOperatingLeaseRemainingLeaseTerm1
P48M
CY2023Q1 ftft Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P4Y
CY2023Q1 ftft Operating Lease Weighted Average Discount Rate Percent1
OperatingLeaseWeightedAverageDiscountRatePercent1
0.0475 pure
CY2023Q1 ftft Operating Leases Future Minimum Payments Due In Two Year
OperatingLeasesFutureMinimumPaymentsDueInTwoYear
379958 usd
CY2023Q1 ftft Operating Leases Future Minimum Payments Due In T Hree Year
OperatingLeasesFutureMinimumPaymentsDueInTHreeYear
277317 usd
CY2023Q1 ftft Operating Leases Future Minimum Payments Due In Five Year
OperatingLeasesFutureMinimumPaymentsDueInFiveYear
204000 usd
CY2023Q1 ftft Operating Leases Future Minimum Payments Due In Six Year
OperatingLeasesFutureMinimumPaymentsDueInSixYear
204000 usd
CY2023Q1 ftft Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
1065275 usd
CY2023Q1 ftft Capital Lease Future Minimum Payments Interest Included In Payments
CapitalLeaseFutureMinimumPaymentsInterestIncludedInPayments
87972 usd
CY2023Q1 ftft Capital Lease Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeaseFutureMinimumPaymentsPresentValueOfNetMinimumPayments
977303 usd
CY2023Q1 ftft Operating Leases Liability Current
OperatingLeasesLiabilityCurrent
299920 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
677383 usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
160000 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2578647 usd
CY2023Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
562267 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
491022 usd
CY2023Q1 ftft Vehicle
Vehicle
813267 usd
CY2022 ftft Vehicle
Vehicle
798955 usd
CY2023Q1 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
37530 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
37785 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1413064 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1327762 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
353378 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
277094 usd
CY2023Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3355006 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
3372301 usd
CY2023Q1 ftft Impairment Loss
ImpairmentLoss
-5765 usd
CY2022Q4 ftft Impairment Loss
ImpairmentLoss
-5688 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4408927 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4417281 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
73614 usd
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
45208 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
0 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
0 usd
CY2023Q1 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
873 usd
CY2022Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
862 usd
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2605759 usd
CY2023Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2606632 usd
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2579509 usd
CY2023Q1 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
215391 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
199151 usd
CY2023Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1887431 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1862289 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
503810 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
518069 usd
CY2023Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
14259 usd
CY2022Q1 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
11768 usd
CY2023Q1 us-gaap Real Estate Investment Partnership Cost Of Sales
RealEstateInvestmentPartnershipCostOfSales
0 usd
CY2022Q1 us-gaap Real Estate Investment Partnership Cost Of Sales
RealEstateInvestmentPartnershipCostOfSales
0 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
57035 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
57035 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
57035 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
57035 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
57035 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
218635 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
503810 usd
CY2023Q1 ftft Investments In And Advances To Affiliate Balance Principal Amount
InvestmentsInAndAdvancesToAffiliateBalancePrincipalAmount
3638110 usd
CY2023Q1 us-gaap Derivative Average Swaption Interest Rate
DerivativeAverageSwaptionInterestRate
0.0005 pure
CY2022 ftft Number Of Installments
NumberOfInstallments
2 pure
CY2022 us-gaap Accounts Receivable Purchase
AccountsReceivablePurchase
20 usd
CY2022 ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
CY2021 ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
CY2023Q1 ftft Payments For Coal And Aluminum Ingots Supply Chain Financing Trading
PaymentsForCoalAndAluminumIngotsSupplyChainFinancingTrading
1605375 usd
CY2022 ftft Payments For Coal And Aluminum Ingots Supply Chain Financing Trading
PaymentsForCoalAndAluminumIngotsSupplyChainFinancingTrading
3584920 usd
CY2023Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
27875 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18657 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
1633250 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
3603577 usd
CY2023Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
248088 usd
CY2022Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
533048 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
289151 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
763983 usd
CY2023Q1 ftft Accrued Suppliers
AccruedSuppliers
675122 usd
CY2022Q4 ftft Accrued Suppliers
AccruedSuppliers
708287 usd
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
342102 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
208938 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1554463 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2214256 usd
CY2023Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7390000 usd
CY2023Q1 ftft Purchase Price Percentage
PurchasePricePercentage
0.40 pure
CY2023Q1 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
238069 usd
CY2023Q1 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
100022 usd
CY2022 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
244819 usd
CY2022 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
53126 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
CY2023Q1 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
25674 usd
CY2022Q1 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
187953 usd
CY2023Q1 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 10%. 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% and 10%. Other subsidiaries and VIE were subject to an enterprise income tax rate of 25%. 
CY2023Q1 us-gaap Equity Restrictions
EquityRestrictions
211700556 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
CY2023Q1 ftft Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interests
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterests
2221803 usd
CY2022Q1 ftft Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interests
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterests
2510418 usd
CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25 usd
CY2022Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25 usd
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-555451 usd
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-627605 usd
CY2023Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
77237 usd
CY2022Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
137645 usd
CY2023Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
503888 usd
CY2022Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
677913 usd
CY2023Q1 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
25674 usd
CY2022Q1 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
187953 usd
CY2022Q1 ftft Short Term Investment
ShortTermInvestment
250000 usd
CY2023Q1 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
2050000.00 usd
CY2023Q1 us-gaap Investment Owned Underlying Face Amount At Market Value
InvestmentOwnedUnderlyingFaceAmountAtMarketValue
13000000 cny
CY2022Q1 us-gaap Marketable Securities
MarketableSecurities
1800000 usd
CY2023Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-5 reverse stock split
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
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
CY2023Q1 ftft Net Income
NetIncome
0.10 pure
CY2023Q1 ftft Payment Dividends
PaymentDividends
0.50 pure
CY2023Q1 us-gaap Equity Restrictions
EquityRestrictions
31750000 usd
CY2023Q1 ftft Reportable Segment Revenue
ReportableSegmentRevenue
3393965 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3393965 usd
CY2023Q1 ftft Segment Gross Profit
SegmentGrossProfit
1207637 usd
CY2022Q1 ftft Reportable Segment Revenue
ReportableSegmentRevenue
3466365 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3466365 usd
CY2022Q1 ftft Segment Gross Profit
SegmentGrossProfit
1787977 usd
CY2023Q1 us-gaap Other Expenses
OtherExpenses
3429440 usd
CY2022Q1 us-gaap Other Expenses
OtherExpenses
4298395 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2221803 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2510418 usd
CY2023Q1 us-gaap Assets
Assets
85058659 usd
CY2022Q4 us-gaap Assets
Assets
85017719 usd
CY2023Q1 us-gaap Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
7000000 usd
CY2023Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
usd
CY2023Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
usd
CY2023Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
usd
CY2023Q1 ftft Warrants Per Share Price
WarrantsPerSharePrice
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
usd
CY2022Q1 ftft Warrants Per Share Price
WarrantsPerSharePrice
CY2022Q1 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
usd
CY2022Q1 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
usd
CY2022Q4 ftft Prepayments For Sand And Steel Supply Chain Financing Trading
PrepaymentsForSandAndSteelSupplyChainFinancingTrading
usd
CY2023Q1 ftft Recorded Impairment Loss
RecordedImpairmentLoss
usd
CY2023Q1 ftft Intersegment Loss
IntersegmentLoss
usd
CY2022Q1 ftft Intersegment Loss
IntersegmentLoss
usd
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10036
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001066923

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001213900-23-041968-index-headers.html Edgar Link pending
0001213900-23-041968-index.html Edgar Link pending
0001213900-23-041968.txt Edgar Link pending
0001213900-23-041968-xbrl.zip Edgar Link pending
f10q0323ex31-1_futurefin.htm Edgar Link pending
f10q0323ex31-2_futurefin.htm Edgar Link pending
f10q0323ex32-1_futurefin.htm Edgar Link pending
f10q0323ex32-2_futurefin.htm Edgar Link pending
f10q0323_futurefin.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
ftft-20230331.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
ftft-20230331_cal.xml Edgar Link unprocessable
ftft-20230331_def.xml Edgar Link unprocessable
ftft-20230331_lab.xml Edgar Link unprocessable
ftft-20230331_pre.xml Edgar Link unprocessable
f10q0323_futurefin_htm.xml Edgar Link completed
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
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
R88.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending