For the quarter ending 2025-09-30, FTFT had $1,104,921 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss from continuing operation | -1,965,312 | -29,093,624 |
| Amortization | 42,776 | - |
| Allowance for credit losses/doubtful accounts | 29,416,788 | - |
| Share-based payments | 0 | 1,085,000 |
| Gain on debt restructuring | 0 | 3,071,827 |
| Interest expenses related to convertible note | - | 13,651 |
| Accrued expenses & other payables | - | -1,118,584 |
| Interest expenses related to convertible note | 33,475 | - |
| Advances to suppliers and other current assets | - | 173,891 |
| Accounts receivable | -149,424 | -445,361 |
| Other receivable | -407,439 | 28,012,031 |
| Advances to suppliers and other current assets | 130,810 | - |
| Operating lease assets and liabilities | 360 | 736 |
| Accounts payable | -925,916 | 2,282,066 |
| Notes receivable | - | 0 |
| Accrued expenses and other payables | -1,515,912 | - |
| Advances from customers | 991,557 | -13,703 |
| Other non-current liabilities | 0 | 1,088,809 |
| Depreciation | 26,321 | 50,971 |
| Amortization | - | 28,518 |
| Bad debt provision | - | 28,762,566 |
| Amortization of debt issuance costs | 2,925 | - |
| Investment loss | 0 | 0 |
| Net cash used in operating activities from continuing operations | -979,865 | -27,727,454 |
| Net cash provided by operating activities from discontinued operations | 0 | 28,349,426 |
| Repayment of loan receivable | 109 | -139,692 |
| Reserve for business acquisition | 29,872,741 | 0 |
| Debt investment | -215,363 | -482,553 |
| Additions to property and equipment | 0 | - |
| Disposal of property and equipment | - | 0 |
| Repayment of short term investment | 0 | 0 |
| Payment for loan receivable | 0 | 0 |
| Net cash used in investing activities from continuing operations | -29,657,487 | 622,245 |
| Proceeds from the issuance of common stock, net of issuance costs | 30,000,000 | 0 |
| Proceeds received from investors for convertible notes payable of pre-delivery ordinary shares | 1,445 | - |
| Payment made for amounts due from related parties, net | 5,469 | 8,871 |
| Proceeds from (repayment of) amounts due to related parties, net | 45,765 | -4,322 |
| Proceeds from convertible notes payables | 1,800,000 | - |
| Net cash provided by financing activities from continuing operations | 31,841,741 | -13,193 |
| Effect of exchange rate changes on cash | -99,468 | -210,586 |
| Net cash used in investing activities from discontinued operations | 0 | 0 |
| Net cash provided by financing activities from discontinued operations | 0 | 0 |
| Net increase (decrease) in cash and restricted cash | 1,104,921 | 1,020,438 |
| Cash and cash equivalents at beginning of period | 4,765,865 | - |
| Cash and cash equivalents at end of period | 6,891,224 | - |
Future FinTech Group Inc. (FTFT)
Future FinTech Group Inc. (FTFT)