2024 Q1 Form 10-Q Financial Statement
#000121390024045190 Filed on May 20, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
Revenue | $5.123M | $3.909M | $3.394M |
YoY Change | 50.94% | 276.81% | -2.09% |
Cost Of Revenue | $3.172M | $2.879M | $2.186M |
YoY Change | 45.07% | 864.69% | 30.26% |
Gross Profit | $1.951M | $1.030M | $1.208M |
YoY Change | 61.58% | 39.39% | -32.46% |
Gross Profit Margin | 38.09% | 26.35% | 35.58% |
Selling, General & Admin | $3.688M | $5.676M | $73.61K |
YoY Change | 4910.13% | 22.64% | -98.02% |
% of Gross Profit | 189.01% | 551.02% | 6.1% |
Research & Development | $645.00 | $1.100K | $208.7K |
YoY Change | -99.69% | -99.84% | -51.8% |
% of Gross Profit | 0.03% | 0.11% | 17.28% |
Depreciation & Amortization | $66.86K | $130.2K | $73.61K |
YoY Change | -9.18% | 97.77% | 29.19% |
% of Gross Profit | 3.43% | 12.64% | 6.1% |
Operating Expenses | $4.483M | $5.740M | $3.836M |
YoY Change | 16.86% | 6.87% | -9.0% |
Operating Profit | -$2.532M | -$4.710M | -$2.629M |
YoY Change | -3.68% | 1.68% | 8.27% |
Interest Expense | $281.1K | $440.4K | $452.6K |
YoY Change | -37.91% | -4.9% | 166.01% |
% of Operating Profit | |||
Other Income/Expense, Net | -$1.437M | -$9.705M | $406.9K |
YoY Change | -453.16% | -1243.43% | -10025.56% |
Pretax Income | -$3.969M | -$28.13M | -$2.222M |
YoY Change | 78.64% | 398.48% | -11.5% |
Income Tax | -$69.74K | $25.67K | |
% Of Pretax Income | |||
Net Earnings | -$3.327M | -$27.60M | -$2.247M |
YoY Change | 48.04% | 405.2% | |
Net Earnings / Revenue | -64.95% | -706.0% | -66.22% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.17 | -$1.85 | -$0.15 |
COMMON SHARES | |||
Basic Shares Outstanding | 19.87M shares | 14.94M shares | 14.65M shares |
Diluted Shares Outstanding | 19.91M shares | 14.86M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.89M | $19.99M | $17.34M |
YoY Change | -14.14% | -34.94% | -68.72% |
Cash & Equivalents | $14.89M | $19.03M | $19.80M |
Short-Term Investments | $0.00 | $959.0K | $1.177M |
Other Short-Term Assets | $18.39M | $3.838M | $15.23M |
YoY Change | 20.79% | -17.83% | 544.06% |
Inventory | $503.8K | ||
Prepaid Expenses | $9.823M | $29.69K | |
Receivables | $4.619M | $5.718M | $4.343M |
Other Receivables | $101.1K | $24.94M | $5.508M |
Total Short-Term Assets | $53.62M | $54.49M | $65.19M |
YoY Change | -17.76% | -16.23% | -11.09% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.608M | $5.861M | $4.409M |
YoY Change | 4.52% | 32.69% | 37.72% |
Goodwill | $13.98M | ||
YoY Change | |||
Intangibles | $574.5K | $589.0K | $503.8K |
YoY Change | 14.04% | 13.69% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $6.295M | $6.450M | $19.87M |
YoY Change | -68.32% | -67.7% | 2.18% |
TOTAL ASSETS | |||
Total Short-Term Assets | $53.62M | $54.49M | $65.19M |
Total Long-Term Assets | $6.295M | $6.450M | $19.87M |
Total Assets | $59.91M | $60.94M | $85.06M |
YoY Change | -29.57% | -28.32% | -8.31% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.245M | $3.320M | $1.633M |
YoY Change | 37.47% | -7.87% | 2041462.5% |
Accrued Expenses | $2.973M | $3.621M | $1.854M |
YoY Change | 60.33% | 63.53% | 93.33% |
Deferred Revenue | $53.49K | $306.3K | |
YoY Change | |||
Short-Term Debt | $1.123M | $0.00 | $3.638M |
YoY Change | -69.14% | -21.71% | |
Long-Term Debt Due | $1.101M | ||
YoY Change | |||
Total Short-Term Liabilities | $17.54M | $17.73M | $20.36M |
YoY Change | -13.84% | -4.54% | 98.79% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $746.3K | $797.3K | $677.4K |
YoY Change | 10.17% | 4.78% | -80.48% |
Total Long-Term Liabilities | $746.3K | $797.3K | $677.4K |
YoY Change | 10.17% | 4.78% | -81.49% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.54M | $17.73M | $20.36M |
Total Long-Term Liabilities | $746.3K | $797.3K | $677.4K |
Total Liabilities | $18.29M | $16.96M | $21.04M |
YoY Change | -13.07% | -12.28% | 60.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$189.3M | -$185.9M | -$154.5M |
YoY Change | 22.53% | 22.1% | |
Common Stock | $236.5M | $233.9M | $14.65K |
YoY Change | 1614603.5% | 1596983.38% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $43.19M | $43.98M | $65.37M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $59.91M | $60.94M | $85.06M |
YoY Change | -29.57% | -28.32% | -8.31% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.327M | -$27.60M | -$2.247M |
YoY Change | 48.04% | 405.2% | |
Depreciation, Depletion And Amortization | $66.86K | $130.2K | $73.61K |
YoY Change | -9.18% | 97.77% | 29.19% |
Cash From Operating Activities | -$7.509M | -$10.35M | -$10.44M |
YoY Change | -28.05% | 215.97% | 1534.21% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $145.7K | $311.1K | $68.97K |
YoY Change | 111.26% | -41.27% | -111.72% |
Acquisitions | $275.6K | ||
YoY Change | |||
Other Investing Activities | $948.3K | -$5.354M | $225.0K |
YoY Change | 321.54% | -787.52% | -77.5% |
Cash From Investing Activities | $802.6K | -$5.565M | $156.0K |
YoY Change | 414.51% | -2335.09% | -62.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.581M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $2.549M | 1.076M | 0.000 |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -7.509M | -10.35M | -10.44M |
Cash From Investing Activities | 802.6K | -5.565M | $156.0K |
Cash From Financing Activities | $2.549M | 1.076M | 0.000 |
Net Change In Cash | -$4.146M | -14.84M | -$9.935M |
YoY Change | -58.27% | 390.24% | -398.23% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$7.509M | -$10.35M | -$10.44M |
Capital Expenditures | $145.7K | $311.1K | $68.97K |
Free Cash Flow | -$7.655M | -$10.66M | -$10.51M |
YoY Change | -27.14% | 180.16% | 20748.76% |
Facts In Submission
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Americas Tower | |
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Suite 5100 | |
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CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2113475 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25674 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-3969066 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-2139149 | usd |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-108328 | usd |
CY2024Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
645437 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-3323629 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-2247477 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3579 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-71013 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3327208 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2176464 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3969066 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2139149 | usd |
CY2023Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
180851 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-47624 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
377772 | usd |
CY2024Q1 | ftft |
Comprehensive Loss Continued Operation
ComprehensiveLossContinuedOperation
|
-4016690 | usd |
CY2023Q1 | ftft |
Comprehensive Loss Continued Operation
ComprehensiveLossContinuedOperation
|
-1580526 | usd |
CY2024Q1 | ftft |
Comprehensive Loss Discontinued Operation
ComprehensiveLossDiscontinuedOperation
|
645437 | usd |
CY2023Q1 | ftft |
Comprehensive Loss Discontinued Operation
ComprehensiveLossDiscontinuedOperation
|
-82011 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3371253 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1662537 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
3579 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-71013 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3374832 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1591524 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.2 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.14 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.2 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.14 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.03 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.15 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19867249 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14645653 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19909357 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14856179 | shares |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
65685641 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2139149 | usd |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-108328 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
180851 | usd |
CY2023Q1 | ftft |
Other Comprehensive Income Disposition Of Discontinued Operation
OtherComprehensiveIncomeDispositionOfDiscontinuedOperation
|
26317 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-377772 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
64023104 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
42415044 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3969066 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2580643 | usd |
CY2024Q1 | ftft |
Other Comprehensive Income Disposition Of Discontinued Operation
OtherComprehensiveIncomeDispositionOfDiscontinuedOperation
|
645437 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-47624 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
41624434 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-3323629 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-2247477 | usd |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
645437 | usd |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-108328 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3969066 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2139149 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
66859 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
71397 | usd |
CY2024Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
14259 | usd |
CY2023Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
14259 | usd |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
794355 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
16826 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-12058 | usd |
CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
21940 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1127255 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3461950 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
648344 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-9112605 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
2874474 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
14553667 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
10555514 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-2935 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1074774 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1970579 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1191903 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-668773 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-252821 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
4370386 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-8154503 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-10273671 | usd |
CY2024Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
645437 | usd |
CY2023Q1 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
31916 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
145709 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17010 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1369 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
-224970 | usd |
CY2024Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-946970 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
10720 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
802630 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
197240 | usd |
CY2024Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
0 | usd |
CY2023Q1 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
-51960 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2580643 | usd |
CY2024Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
243725 | usd |
CY2023Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
46860 | usd |
CY2024Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
275792 | usd |
CY2023Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
104156 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2548576 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-57297 | usd |
CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12123 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
305321 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-4145737 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-9848450 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19032278 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29648236 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
10720 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14886541 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19789066 | usd |
CY2024Q1 | us-gaap |
Stock Issued1
StockIssued1
|
2580644 | usd |
CY2024Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6208 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
63162 | usd |
CY2024Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. CORPORATE INFORMATION</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Future FinTech Group Inc. (the “Company”) is a holding company incorporated under the laws of the State of Florida. The Company historically engaged in the production and sale of fruit juice concentrates (including fruit purees and fruit juices), fruit beverages (including fruit juice beverages and fruit cider beverages) in the PRC. Due to drastically increased production costs and tightened environmental laws in China, the Company had transformed its business from fruit juice manufacturing and distribution to financial technology related service businesses. The main business of the Company includes supply chain financing services and trading in China, asset management business in Hong Kong and cross-border money transfer service in UK. The Company also expanded into brokerage and investment banking business in Hong Kong and cryptocurrency mining farm in the U.S. The Company had a contractual arrangements with a VIE E-Commerce Tianjin in China, which has generated minimal revenue and business since 2021 due to the negative impact caused by COVID-19. The Company started the process to close it down in November 2023 and completed deregistration and dissolution of the VIE with local authority on March 7, 2024.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 27, 2023, Future FinTech (Hong Kong) Limited (“Buyer”), a company incorporated in Hong Kong and a wholly owned subsidiary of Future FinTech Group Inc. (the “Company”) entered into a Share Transfer Agreement (the “Agreement”) with Alpha Financial Limited, a company incorporated in Hong Kong (“Seller”) and sole owner and shareholder of Alpha International Securities (Hong Kong) Limited, a company incorporated in Hong Kong (“Alpha <span style="-sec-ix-hidden: hidden-fact-24">HK”) and Alpha Information Service (Shenzhen) Co., Ltd., a</span> company incorporated in China (“Alpha SZ”). Alpha HK holds Type 1 ’Securities Trading’, Type 2 ‘Futures Contract Trading’ and Type 4 ’Securities Consulting’ financial licenses issued by the Hong Kong Securities and Futures Commission. Alpha SZ provides technical support services to Alpha HK. The share transfer transaction was approved by the Securities and Futures Commission of Hong Kong (“SFC”) in August 2023 and the acquisition was closed on November 7, 2023. The names of the two entities were also changed to ‘FTFT International Securities and Futures Limited’ and ‘FTFT Information Services (Shenzhen) Co. Ltd.’ in November 2023, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s business and operations are principally conducted by its subsidiaries in the PRC and Hong Kong.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 26, 2023, the Company filed with the Florida Secretary of State’s office Articles of Amendment (the “Amendment”) to amend its Second Amended and Restated Articles of Incorporation, as amended (“Articles of Incorporation”). As a result of the Amendment, the Company has authorized and approved a 1-for-5 reverse stock split of the Company’s authorized shares of common stock from 300,000,000 shares to 60,000,000 shares, accompanied by a corresponding decrease in the Company’s issued and outstanding shares of common stock (the “Reverse Stock Split”). The common stock continues to be $0.001 par value. The Company rounded up to the next full share of the Company’s shares of common stock any fractional shares that resulted from the Reverse Stock Split and no fractional shares was issued in connection with the Reverse Stock Split and no cash or other consideration was paid in connection with any fractional shares that would otherwise have resulted from the Reverse Stock Split. No changes were made to the number of preferred shares of the Company which remain as 10,000,000 preferred shares as authorized but not issued. The amendment to the Articles of Incorporation of the Company took effect on February 1, 2023. The Reverse Stock Split and Amendment were authorized and approved by the Board of Directors of the Company without shareholders’ approval, pursuant to 607.10025 of the Florida Business Corporation Act of the State of Florida.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The reverse stock split would be reflected in our March 31, 2024 and December 31, 2023 statements of changes in stockholders’ equity, and in per share data for all periods presented.</span></p> | |
CY2023Q1 | us-gaap |
Preferred Stock Share Subscriptions
PreferredStockShareSubscriptions
|
10000000 | shares |
CY2024Q1 | ftft |
Net Incomeloss From Continued Operations Share
NetIncomelossFromContinuedOperationsShare
|
19867249 | shares |
CY2024Q1 | ftft |
Continued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
ContinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.2 | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
645437 | usd |
CY2024Q1 | ftft |
Net Incomeloss From Discontinuing Operations Share
NetIncomelossFromDiscontinuingOperationsShare
|
19867249 | shares |
CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Uses of Estimates in the Preparation of Financial Statements </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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. </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3970000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-8150000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
3972645 | usd |
CY2024Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
0.03 | |
CY2024Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
-3972645 | usd |
CY2024Q1 | ftft |
Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
|
19867249 | shares |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.2 | |
CY2024Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
645437 | usd |
CY2024Q1 | ftft |
Incomeloss Available To Common Stockholders From Discontinuing Operations Share
IncomelossAvailableToCommonStockholdersFromDiscontinuingOperationsShare
|
19867249 | shares |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.03 | |
CY2024Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
42108 | shares |
CY2024Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
-3972645 | usd |
CY2024Q1 | ftft |
Diluted Loss Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average Shares
DilutedLossPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverageShares
|
19909357 | shares |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.2 | |
CY2024Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
|
645437 | usd |
CY2024Q1 | ftft |
Diluted Income Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averages
DilutedIncomePerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverages
|
19909357 | shares |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.03 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
2068136 | usd |
CY2023Q1 | ftft |
Net Incomeloss From Continued Operations Share
NetIncomelossFromContinuedOperationsShare
|
14645653 | shares |
CY2023Q1 | ftft |
Continued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
ContinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.14 | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-108328 | usd |
CY2023Q1 | ftft |
Net Incomeloss From Discontinuing Operations Share
NetIncomelossFromDiscontinuingOperationsShare
|
14645653 | shares |
CY2023Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
-0.01 | |
CY2023Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
|
-2068136 | usd |
CY2023Q1 | ftft |
Loss Available To Common Stockholders From Continuing Operations Share
LossAvailableToCommonStockholdersFromContinuingOperationsShare
|
14645653 | shares |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.14 | |
CY2023Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
-108328 | usd |
CY2023Q1 | ftft |
Incomeloss Available To Common Stockholders From Discontinuing Operations Share
IncomelossAvailableToCommonStockholdersFromDiscontinuingOperationsShare
|
14645653 | shares |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
210526 | shares |
CY2023Q1 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
-2068136 | usd |
CY2023Q1 | ftft |
Diluted Loss Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Average Shares
DilutedLossPerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverageShares
|
14856179 | shares |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.14 | |
CY2023Q1 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
|
-108328 | usd |
CY2023Q1 | ftft |
Diluted Income Per Share Is Calculated By Taking Net Loss Divided By The Diluted Weighted Averages
DilutedIncomePerShareIsCalculatedByTakingNetLossDividedByTheDilutedWeightedAverages
|
14856179 | shares |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.01 | |
CY2024Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
500000 | cny |
CY2024Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
18000 | gbp |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
794355 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
16826 | usd |
CY2024Q1 | us-gaap |
Accounts Receivable Noncurrent90 Days Or More Past Due Still Accruing
AccountsReceivableNoncurrent90DaysOrMorePastDueStillAccruing
|
1790000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Noncurrent90 Days Or More Past Due Still Accruing
AccountsReceivableNoncurrent90DaysOrMorePastDueStillAccruing
|
970000 | usd |
CY2024Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
40000.00 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
110000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
10000.00 | usd |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4618861 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
5705877 | usd |
CY2024Q1 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
650000 | usd |
CY2024Q1 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
4600000 | cny |
CY2024Q1 | us-gaap |
Other Receivables
OtherReceivables
|
100000 | usd |
CY2023Q4 | us-gaap |
Other Receivables
OtherReceivables
|
10050000.00 | usd |
CY2023Q1 | us-gaap |
Deposits
Deposits
|
2400000 | usd |
CY2023Q4 | us-gaap |
Deposits
Deposits
|
2500000 | usd |
CY2024Q1 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
14880000 | usd |
CY2024Q1 | us-gaap |
Loans And Leases Receivable Related Parties Description
LoansAndLeasesReceivableRelatedPartiesDescription
|
July 15, 2022 to July 14, 2024 | |
CY2023Q2 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
15000000 | cny |
CY2023Q2 | us-gaap |
Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
|
35000000 | cny |
CY2023Q4 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.05 | pure |
CY2023Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
960000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0475 | pure |
CY2024Q1 | us-gaap |
Supplies
Supplies
|
4016482 | usd |
CY2023Q4 | us-gaap |
Supplies
Supplies
|
2743539 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
9823422 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
29694 | usd |
CY2024Q1 | us-gaap |
Deposit Assets
DepositAssets
|
3246774 | usd |
CY2024Q1 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1304741 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
1064519 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
18391419 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3837752 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
9820000 | usd |
CY2023Q1 | us-gaap |
Deposit Assets
DepositAssets
|
2400000 | usd |
CY2024Q1 | ftft |
Cash Deposit Remaining Amount
CashDepositRemainingAmount
|
2580000 | usd |
CY2023Q4 | ftft |
Company Incorporated
CompanyIncorporated
|
1791174 | usd |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
180000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P53M | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y6M21D | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
435223 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
254858 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
241275 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
200526 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
83553 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1215435 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
86998 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1128437 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
382172 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
746265 | usd |
CY2024Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1979 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1528874 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1510987 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
778667 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
716828 | usd |
CY2024Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
3863806 | usd |
CY2023Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
3790623 | usd |
CY2024Q1 | ftft |
Impairment Of Property And Equipment
ImpairmentOfPropertyAndEquipment
|
5584 | usd |
CY2023Q4 | ftft |
Impairment Of Property And Equipment
ImpairmentOfPropertyAndEquipment
|
5594 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4608429 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4579188 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
0 | usd |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
0 | usd |
CY2024Q1 | us-gaap |
Energy Marketing Accounts Payable
EnergyMarketingAccountsPayable
|
118274 | usd |
CY2023Q4 | us-gaap |
Energy Marketing Accounts Payable
EnergyMarketingAccountsPayable
|
728010 | usd |
CY2024Q1 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
2127013 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
2592051 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2634920 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2731396 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
318934 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
311131 | usd |
CY2024Q1 | ftft |
Impairment Of Intangible Asset
ImpairmentOfIntangibleAsset
|
1741438 | usd |
CY2023Q4 | ftft |
Impairment Of Intangible Asset
ImpairmentOfIntangibleAsset
|
1831283 | usd |
CY2024Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
574548 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
588982 | usd |
CY2024Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
14259 | usd |
CY2023Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
14259 | usd |
CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
0 | usd |
CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
|
0 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
57035 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
57035 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
57035 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
57035 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
57035 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
161600 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
446775 | usd |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
127773 | usd |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2245287 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3320061 | usd |
CY2024Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1055018 | usd |
CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
832263 | usd |
CY2024Q1 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
165550 | usd |
CY2023Q4 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
509288 | usd |
CY2024Q1 | ftft |
Accrued Provision For Legal Case
AccruedProvisionForLegalCase
|
10598380 | usd |
CY2023Q4 | ftft |
Accrued Provision For Legal Case
AccruedProvisionForLegalCase
|
8875265 | usd |
CY2024Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
841874 | usd |
CY2023Q4 | us-gaap |
Purchase Obligation
PurchaseObligation
|
731521 | usd |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
528562 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1049144 | usd |
CY2024Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
13189384 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
11997481 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1100723 | usd |
CY2023 | ftft |
Convertible Notes Payable Addition
ConvertibleNotesPayableAddition
|
1100723 | usd |
CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
21940 | usd |
CY2024Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1122663 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1100723 | usd |
CY2023Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
25674 | usd |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.25 | pure |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.10 | pure |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.25 | pure |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-3969066 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-2113475 | usd |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.25 | pure |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
992267 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
528369 | usd |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
263975 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
50866 | usd |
CY2024Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
728292 | usd |
CY2023Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
503177 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25674 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-5 | |
CY2023Q1 | us-gaap |
Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
|
0.10 | pure |
CY2024Q1 | ftft |
Payment Dividends
PaymentDividends
|
0.50 | pure |
CY2024Q1 | us-gaap |
Equity Restrictions
EquityRestrictions
|
24830000 | usd |
CY2024Q1 | us-gaap |
Equity Restrictions
EquityRestrictions
|
176144932 | cny |
CY2020Q4 | us-gaap |
Shares Issued
SharesIssued
|
4210530 | shares |
CY2020Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.9 | |
CY2020Q4 | us-gaap |
Shares Issued
SharesIssued
|
4210530 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.375 | |
CY2021Q3 | ftft |
Issued And Outstanding Percentage
IssuedAndOutstandingPercentage
|
0.90 | pure |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
144000000 | hkd |
CY2021Q3 | ftft |
Percentage Of Purchase Price
PercentageOfPurchasePrice
|
0.60 | pure |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
11220000 | usd |
CY2021Q3 | us-gaap |
Share Price
SharePrice
|
5 | |
CY2023Q4 | ftft |
Purchase Price Percentage
PurchasePricePercentage
|
0.40 | pure |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7390000 | usd |
CY2023Q4 | us-gaap |
Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
|
299221 | shares |
CY2024Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
2150536 | shares |
CY2024Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.001 | |
CY2024Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.2 | |
CY2024Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
2580644 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
2150536 | shares |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
29515 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
23494 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
6021 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
102572 | usd |
CY2023Q1 | ftft |
Disposal Group Including Discontinued Operation Researchand Development Expenses
DisposalGroupIncludingDiscontinuedOperationResearchandDevelopmentExpenses
|
2724 | usd |
CY2023Q1 | ftft |
Disposal Group Including Discontinued Operation Selling Expenses
DisposalGroupIncludingDiscontinuedOperationSellingExpenses
|
5277 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
110573 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
|
4 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
2842 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
938 | usd |
CY2023Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-3776 | usd |
CY2023Q1 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
108328 | usd |
CY2024Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
645437 | usd |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
645437 | usd |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-108328 | usd |
CY2024Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | pure |
CY2024Q1 | ftft |
Revenuethird Party
RevenuethirdParty
|
5122967 | usd |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
5122967 | usd |
CY2024Q1 | us-gaap |
Gross Profit
GrossProfit
|
1951272 | usd |
CY2023Q1 | ftft |
Revenuethird Party
RevenuethirdParty
|
3364450 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
3364450 | usd |
CY2023Q1 | us-gaap |
Gross Profit
GrossProfit
|
1201616 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3969066 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2113475 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
59910452 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
60940750 | usd |
CY2024Q1 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
7000000 | usd |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q1 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
usd | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
usd | |
CY2023Q1 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
usd | |
CY2024Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | |
CY2023Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
usd | |
CY2023Q1 | us-gaap |
Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
|
usd | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
usd | |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
usd | |
CY2024Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
usd | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
usd | |
CY2024Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
usd | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
usd | |
CY2023Q1 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2024Q1 | ftft |
Warrants
Warrants
|
usd | |
CY2024Q1 | ftft |
Warrants Per Share Price
WarrantsPerSharePrice
|
||
CY2023Q1 | ftft |
Warrants
Warrants
|
usd | |
CY2023Q1 | ftft |
Warrants Per Share Price
WarrantsPerSharePrice
|
||
CY2024Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
500000 | hkd |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
usd | |
CY2024Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
usd | |
CY2023Q4 | us-gaap |
Deposit Assets
DepositAssets
|
usd | |
CY2023Q4 | ftft |
Company Incorporated
CompanyIncorporated
|
14010421 | hkd |
CY2023 | us-gaap |
Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
|
5080 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
usd | |
CY2024Q1 | ftft |
Convertible Notes Payable Addition
ConvertibleNotesPayableAddition
|
usd | |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
usd | |
CY2024Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | |
CY2024Q1 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
usd | |
CY2023 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
usd | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2024Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
usd | |
CY2024Q1 | ftft |
Disposal Group Including Discontinued Operation Researchand Development Expenses
DisposalGroupIncludingDiscontinuedOperationResearchandDevelopmentExpenses
|
usd | |
CY2024Q1 | ftft |
Disposal Group Including Discontinued Operation Selling Expenses
DisposalGroupIncludingDiscontinuedOperationSellingExpenses
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Income
DisposalGroupIncludingDiscontinuedOperationOtherIncome
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
usd | |
CY2024Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
usd | |
CY2024Q1 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
usd | |
CY2024Q1 | us-gaap |
Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
|
usd | |
CY2023Q1 | us-gaap |
Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
|
usd | |
CY2024Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax Attributable To Noncontrolling Interest
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTaxAttributableToNoncontrollingInterest
|
usd | |
CY2023Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax Attributable To Noncontrolling Interest
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTaxAttributableToNoncontrollingInterest
|
usd | |
CY2023Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
usd | |
CY2024Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
usd | |
CY2023Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
usd | |
CY2023Q4 | us-gaap |
Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
|
usd | |
CY2023Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
usd | |
CY2023Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
usd | |
CY2024Q1 | ftft |
Intersegment Loss
IntersegmentLoss
|
usd | |
CY2023Q1 | ftft |
Intersegment Loss
IntersegmentLoss
|
usd | |
CY2024Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2024Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001066923 |