Future FinTech Group Inc. (FTFT) Financial Statements (2026 and earlier)

Company Profile

Business Address AMERICAS TOWER, 1177 AVENUE OF THE AMERI
NEW YORK, NY 10036
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,84120,74127,1342,1919,788539
Cash and cash equivalent4,84019,78226,146 9,788539
Short-term investments19599882,191  
Restricted cash and investments  3,590   
Receivables10,87815,75410,49911,3288212
Inventory, net of allowances, customer advances and progress billings   51873 4
Inventory   51873 4
Prepaid expense3530    
Contract with customer, asset, after allowance for credit loss      
Disposal group, including discontinued operation    03592,773
Other current assets   4,6702,9282591,669
Other undisclosed current assets4,96217,96518,63956,2005,356 
Total current assets:20,71754,49065,05072,72115,52094,997
Noncurrent Assets
Operating lease, right-of-use asset5241,2821,056113291 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization2,5994,5794,4173,1631718
Long-term investments and receivables    6313,800
Due from related parties✕✕✕  631,550
Long-term investments     12,250
Accounts and financing receivable, after allowance for credit loss      
Intangible asset, including goodwill, after accumulated amortization53358914,49415,660415,313
Goodwill   13,97615,584  
Intangible asset, excluding goodwill, after accumulated amortization53358951876415,313
Other undisclosed noncurrent assets 1,530    1,853
Total noncurrent assets:5,1866,45019,96718,93641220,984
TOTAL ASSETS:25,90360,94185,01891,65715,932115,981
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,5135,7112,2141,2992,3004,868
Interest and dividends payable✕✕✕✕63  
Taxes payable✕✕✕✕591173 
Employee-related liabilities✕✕✕✕272290 
Accounts payable2,2193,3203,6040250320
Accrued liabilities2932,3912,2141,2992,3004,547
Other undisclosed accounts payable and accrued liabilities   (3,604)(926)(714) 
Deferred revenue31     
Debt5531,1017612,039111958
Derivative instruments and hedges, liabilities   7,388   
Restructuring reserve    61  
Disposal group, including discontinued operation     866196,262
Other liabilities   1,236329 
Due to related parties✕✕✕245993  
Other undisclosed current liabilities10,01710,9176,7272,8361,879702
Total current liabilities:13,11317,72818,5717,2315,184202,790
Noncurrent Liabilities
Long-term debt and lease obligation    188111 
Long-term debt, excluding current maturities    188  
Liabilities, other than long-term debt1937977613,3841,906 
Deferred income tax liabilities    3,384  
Due to related parties✕✕✕  1,906 
Other liabilities      
Operating lease, liability193797761 111 
Other undisclosed noncurrent liabilities      1,268
Total noncurrent liabilities:1937977613,5722,0161,268
Total liabilities:13,30618,52619,33210,8037,201204,058
Equity
Equity, attributable to parent, including:14,46343,98366,96581,4458,779(92,439)
Common stock241815705034
Additional paid in capital237,474233,891222,752220,523133,511107,853
Accumulated other comprehensive income (loss)(4,249)(4,094)(3,623)(598)(398)12,989
Accumulated deficit(218,886)(185,930)(152,276)(138,612)(124,384)(213,315)
Other undisclosed equity, attributable to parent98989861  
Equity, attributable to noncontrolling interest (1,866)(1,568)(1,280)(591)(47)4,361
Total equity:12,59742,41565,68680,8548,731(88,077)
TOTAL LIABILITIES AND EQUITY:25,90360,94185,01891,65715,932115,981

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues2,15834,86623,88125,051371955
Other operating income  34,40014,320   
Cost of revenue(886)  (23,249)(35)(464)
Cost of product and service sold    (23,249)(35)(464)
Other undisclosed gross profit  (29,978)(18,486)   
Gross profit:1,2724,8885,3951,802335491
Operating expenses(35,183)(29,310)(22,509)(15,010)(15,353)(13,427)
Operating loss:(33,911)(24,422)(17,114)(13,209)(15,018)(12,936)
Nonoperating income (expense)(323)(9,978)3,3141,465(15,002)(749)
Investment income, nonoperating1,1061,344   (520)
Other nonoperating income (expense)(1,320)(11,322)2,0151,2031(229)
Interest and debt expense(108) (12)(15)(2,599) 
Other undisclosed income from continuing operations before equity method investments, income taxes   12 2,599 
Loss from continuing operations before equity method investments, income taxes:(34,342)(34,400)(13,799)(11,758)(30,020)(13,685)
Loss from equity method investments   (457)   
Other undisclosed income (loss) from continuing operations before income taxes108  15  
Loss from continuing operations before income taxes:(34,234)(34,400)(14,256)(11,744)(30,020)(13,685)
Income tax expense  (3)(61)(73)  
Loss from continuing operations:(34,234)(34,402)(14,316)(11,817)(30,020)(13,685)
Loss before gain (loss) on sale of properties:✕✕✕✕(11,817)(30,498)(25,393)
Loss from discontinued operations  (0) (478)(11,707)
Other undisclosed net income (loss)1,054386 (2,389)119,428(1,682)
Net income (loss):(33,180)(34,016)(14,316)(14,206)88,930(27,074)
Net income attributable to noncontrolling interest  363689   
Other undisclosed net income (loss) attributable to parent224 13,64828,412 1,845
Net income (loss) attributable to parent:(32,956)(33,653)2014,20688,930(25,229)
Other undisclosed net loss available to common stockholders, basic   (14,337)   
Net income (loss) available to common stockholders, diluted:(32,956)(33,653)(14,316)14,20688,930(25,229)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(33,180)(34,016)(14,316)(14,206)88,930(27,074)
Other comprehensive income (loss)269(386)    
Other undisclosed comprehensive income (loss)(309)(85)(3,025)(200)(13,387)23,557
Comprehensive income (loss):(33,219)(34,487)(17,342)(14,406)75,543(3,518)
Comprehensive income, net of tax, attributable to noncontrolling interest  363689611 240
Other undisclosed comprehensive income (loss), net of tax, attributable to parent224     
Comprehensive income (loss), net of tax, attributable to parent:(32,995)(34,124)(16,653)(13,795)75,543(3,278)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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