Issue 003 | U.S. Pilot | US

FTFT

Future FinTech Group Inc.

Screen state: Passing Source state: Verified 10-Q | 2026-05-15 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 85.0%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 49,508,216USD
Total Liabilities: 8,366,959USD
NCAV: 41,141,257USD
Cash: 1,346,642USD
NCAV per share: 7.01USD/share
Evidence: 10 annual | 25 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Evaluated: 12
Triggered: 2
Unavailable: 7

Requires inspection Negative OCF -1,530,222

Latest: -1,530,2222026-03-31
Comparison: n/a
Change: n/a

Basis: latest reporting-period cash from operations < 0

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-057871

Supporting observation Current Ratio > 1.5 6.82

Latest: 6.822026-03-31
Comparison: 1.5
Change: n/a

Basis: current assets / current liabilities; strong if > 1.5

Source periods: SEC 10-Q 2026-03-31 · 0001213900-26-057871

7 unavailable checks — inspect missing inputs

High Debt (short-term debt + long-term debt) / ordinary equity >= 50%

Low Debt (short-term debt + long-term debt) / ordinary equity < 20%

Material 1Y Share Increase 1Y share change >= +2% using the same share-count source

NCAV Growing equivalent prior-year NCAV change >= +2%; both NCAV values must be positive

No Material 1Y Share Increase 1Y share change > -2% and <= +1% using the same share-count source

Non-Positive Equity ordinary shareholders equity <= 0

Share Count Reduced 1Y share change <= -2% using the same share-count source

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible in the details.

business_profile_v1

Business profile: 0 of 12 fields established by the current extractor.

Business Profile Field Details

Business Description

Missing Source

Not established by the current extractor from the selected filing context.

Revenue Model

Missing Source

Not established by the current extractor from the selected filing context.

Customers And Channels

Missing Source

Not established by the current extractor from the selected filing context.

Segments And Geography

Missing Source

Not established by the current extractor from the selected filing context.

Tangible Operations Assets

Missing Source

Not established by the current extractor from the selected filing context.

Value Chain

Missing Source

Not established by the current extractor from the selected filing context.

Competition Positioning

Missing Source

Not established by the current extractor from the selected filing context.

Business Lifecycle Cyclicality

Missing Source

Not established by the current extractor from the selected filing context.

Strategy And Capital Allocation

Missing Source

Not established by the current extractor from the selected filing context.

Management Governance Signals

Missing Source

Not established by the current extractor from the selected filing context.

Disclosed Risks

Missing Source

Not established by the current extractor from the selected filing context.

Known Unknowns

Missing Source

Not established by the current extractor from the selected filing context.

Business Profile Sources

Source	Filing	Date	Type	Status	Provenance
S1	0001213900-26-057871	2026-05-15	10-Q	Verified	Data Vault \| sec/cleaned/cik=0001066923/accession=0001213900-26-057871/parser=html-cleaner-v1/full.txt

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-K Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-Q Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-K Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-Q Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-K Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-Q Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-K Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-Q Open filing	2022-03-31 10-Q Open filing	2021-12-31 10-K Open filing	2021-09-30 10-Q Open filing	2021-06-30 10-Q Open filing	2020-12-31 10-K Open filing	2019-12-31 10-K Open filing	2018-12-31 10-K Open filing	2017-12-31 10-K Open filing	2016-12-31 10-K Open filing
Period-end Shares Outstanding	5,240,5445,240,544	5,048,3285,048,328	5,038,32820,153,311	777,6923,110,770	75,2323,009,289	611,77124,470,844	103,73820,747,527	9,99319,985,410	9,99319,985,410	29717,834,874	24414,645,653	24414,645,653	24414,645,653	24414,645,653	1,21973,114,147	1,16870,067,147	23470,067,147	23470,067,147	870,067,147	765,321,192	650,053,606	033,810,416	031,017,083	05,370,245	04,061,090
Weighted-average Basic Shares	5,159,4605,159,460	1,993,4061,993,406	1,475,6745,902,698	761,6603,046,639	61,1772,447,084	523,20220,928,073	100,66020,131,953	9,99319,985,410	9,93419,867,249	24614,746,726	24414,645,653	24414,645,653	24414,645,653	23914,323,422	1,18370,960,041	1,16870,067,147	13340,039,431	21865,326,325	766,457,193	653,798,156	438,057,065	031,996,279	021,636,146	03,933,999	n/an/a
Weighted-average Diluted Shares	5,159,4605,159,460	1,993,4061,993,406	1,476,7275,906,909	762,7123,050,850	61,2822,451,295	524,25520,970,181	100,87020,174,061	10,01420,027,518	9,95519,909,357	24614,788,834	24514,687,761	24514,687,761	24814,856,179	24214,533,948	1,19271,517,832	1,17770,624,938	23570,624,938	22065,884,116	767,014,984	654,355,947	543,147,644	031,996,279	021,966,612	03,933,999	n/an/a
Basic EPS	-0-0	-2-2	-1-1	-1-1	-2-2	-2-2	-0-0	-0-0	-0-0	-2-2	-0-0	-0-0	-0-0	11	-0-0	-0-0	00	00	00	00	-1-1	-1-1	-8-8	-21-21	-1-1
Diluted EPS	-0-0	-2-2	-1-1	-1-1	-2-2	-2-2	-0-0	-0-0	-0-0	-2-2	-0-0	-0-0	-0-0	-1-1	-0-0	-0-0	-0-0	-0-0	-0-0	-0-0	22	-1-1	-8-8	-18-18	-1-1
Basic-to-Diluted Share Difference	0.0%	0.0%	0.1%	0.1%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%	0.3%	0.3%	1.4%	1.5%	0.8%	0.8%	76.4%	0.9%	0.8%	1.0%	13.4%	0.0%	1.5%	0.0%	Insufficient evidence
Net Share Count Change	3.8%	0.2%	547.9%	933.7%	-87.7%	489.7%	938.1%	0.0%	3261.7%	21.8%	0.0%	0.0%	0.0%	-80.0%	4.3%	400.0%	0.0%	2900.0%	7.3%	30.5%	1380.4%	9.0%	17227.2%	32.2%	Insufficient evidence
Ownership Claim Change	-3.7%	-0.2%	-84.6%	-90.3%	713.2%	-83.0%	-90.4%	0.0%	-97.0%	-17.9%	0.0%	0.0%	0.0%	399.2%	-4.2%	-80.0%	0.0%	-96.7%	-6.8%	-23.4%	-93.2%	-8.3%	-99.4%	-24.4%	Insufficient evidence

Verified split events: reverse 8.0 on 2016-03-10; reverse 30.0 on 2019-02-28; reverse 10.0 on 2020-12-24; reverse 30.0 on 2022-03-01; reverse 5.0 on 2022-06-30; reverse 30.0 on 2024-05-13; reverse 10.0 on 2024-10-12; reverse 5.0 on 2024-12-31; reverse 10.0 on 2025-06-30; reverse 4.0 on 2026-01-20

Known Unknowns

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2020-12-31 10-K USD	2019-12-31 10-K USD	2018-12-31 10-K USD	2017-12-31 10-K USD	2016-12-31 10-K USD
Revenue	3,829,805	2,158,125	34,865,553	23,881,006	25,050,801	370,657	955,172	888,670	10,463,135	34,407,422
Operating Income	-34,007,122	-33,911,080	-24,421,916	-17,113,547	-13,208,584	-15,017,631	-12,936,291	-190,516,623	-99,087,205	2,231,102
Net Income	-4,620,065	-32,955,872	-33,653,228	20,440	14,205,925	88,930,311	-25,228,932	-169,997,054	-102,583,700	-5,545,471
Cash From Operations	-31,771,593	-21,236,926	-17,225,896	2,690,000	1,363,946	-2,049,848	-15,839,843	-4,880,137	23,656,500	-34,435,374
Capex	-3,720	-34,056	-65,653	n/a	n/a	-2,984	-5,006	n/a	-8,730,051	-8,730,051
Free Cash Flow	-31,775,313	-21,270,982	-17,291,549	n/a	n/a	-2,052,832	-15,844,849	n/a	14,926,449	-43,165,425
Cash And Equivalents	2,396,619	4,765,111	19,016,198	29,735,170	50,273,517	9,788,041	539,316	253,804	4,586,757	1,143,585
Accounts Receivable	605,236	2,088,962	5,705,877	7,796,672	9,101,816	n/a	4,954	73,244	17,156,130	7,325,773
Inventory	n/a	n/a	n/a	518,069	73,400	n/a	3,594	63,017	2,097,307	3,041,300
Total Current Assets	50,760,432	20,716,887	54,490,469	65,050,379	72,721,055	15,519,869	94,996,986	24,164,227	61,987,337	101,626,483
Total Assets	53,287,334	25,902,938	60,940,750	85,017,719	91,657,085	15,931,712	115,980,570	62,946,609	190,680,253	261,661,030
Total Current Liabilities	8,209,906	13,113,365	17,728,362	18,571,116	7,230,668	5,184,103	202,789,675	117,173,578	117,965,858	76,974,711
Total Liabilities	9,329,644	13,306,119	18,525,706	19,332,078	10,802,927	7,200,571	204,057,776	149,624,445	157,730,410	91,468,714
Shareholders Equity	43,957,690	14,462,885	43,983,251	66,965,221	81,444,919	8,778,600	-92,438,567	-91,287,957	12,606,785	135,028,212
Shares Outstanding	5,240,544	76,269	333	244	234	7	0	0	0	0
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	1,993,406	523,202	246	242	341,147	5	0	0	0	0
Weighted Avg Shares Basic	1,993,406	523,202	246	239	327,202	4	0	0	0	0
Net Share Count Change (Normalized)	0.2%	489.7%	21.8%	-80.0%	2900.0%	1380.4%	9.0%	17227.2%	32.2%	Insufficient evidence
Ownership Claim Change (Normalized)	-0.2%	-83.0%	-17.9%	399.2%	-96.7%	-93.2%	-8.3%	-99.4%	-24.4%	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2021-12-31 10-K USD	2021-12-31 10-K USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	212,612	1,346,913	1,346,913	1,324,633	605,282	552,977	-12,343,184	-12,343,184	5,175,454	4,202,888	5,122,967	3,908,872	3,908,872	23,753,725	3,808,991	3,393,965	1,037,345	1,037,345	11,959,019	7,418,277	3,466,365	12,546,907	11,357,579	11,745,027	1,941,582
Operating Income	-1,324,896	546,284	546,284	-2,097,460	-1,309,257	-31,146,689	-24,357,474	-24,357,475	-5,309,942	-1,711,778	-2,531,885	-18,867,521	-18,867,521	-2,586,081	-339,563	-2,628,751	-6,955,313	-6,955,313	-4,639,308	-2,842,455	-2,676,471	-3,472,031	-4,205,102	-6,860,427	-533,083
Net Income	-1,275,128	66,815	66,815	-1,965,312	1,851,780	-4,573,348	-22,988,972	-22,988,972	-4,878,719	-1,760,973	-3,327,208	-27,596,460	-27,459,630	-2,408,300	-1,537,821	-2,247,477	8,689,396	8,463,100	-3,633,897	-2,110,392	-2,698,371	25,900,889	25,900,889	-10,494,177	-403,478
Cash From Operations	-1,530,222	-3,064,274	-3,064,274	-979,865	1,110,303	-28,837,757	-7,713,075	-7,713,075	-1,584,579	-3,784,769	-8,154,503	-10,801,534	-10,801,534	-416,300	4,428,662	-10,436,724	2,104,597	2,104,597	5,714,964	-5,129,560	-1	-858,732	-858,732	2,211,829	82,812
Capex	n/a	n/a	n/a	327,264	n/a	n/a	326,836	326,836	-6,055	-209,128	-145,709	303,418	303,418	-240,973	-111,088	-17,010	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-7,326
Free Cash Flow	n/a	n/a	n/a	-652,601	n/a	n/a	-7,386,239	-7,386,239	-1,590,634	-3,993,897	-8,300,212	-10,498,116	-10,498,116	-657,273	4,317,574	-10,453,734	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	75,486
Cash And Equivalents	1,346,642	2,396,619	2,396,619	6,891,224	5,786,303	4,437,651	4,765,111	4,765,111	6,519,391	9,824,662	14,886,541	19,016,198	19,016,198	1,650,000	1,650,000	19,799,786	n/a	n/a	32,964,659	42,031,220	53,637,943	50,273,517	50,273,517	52,969,356	72,016,338
Total Current Assets	49,508,216	50,760,432	50,760,432	50,334,360	20,301,890	19,066,948	20,716,887	20,716,887	45,141,175	51,209,934	53,615,942	54,490,469	54,490,469	50,660,364	71,200,600	65,192,535	65,050,379	65,050,379	66,363,005	66,452,075	73,323,671	72,721,055	72,721,055	76,572,733	80,255,312
Total Liabilities	8,366,959	9,329,644	9,329,644	10,950,861	10,027,370	12,718,959	13,306,119	13,306,119	17,653,624	18,586,277	18,286,018	18,525,706	18,525,706	12,031,551	29,999,726	21,035,555	19,332,078	19,332,078	15,577,489	10,709,974	13,900,153	10,802,927	10,802,927	10,443,408	4,571,871
Shares Outstanding	5,871,449	5,048,328	5,048,328	5,038,328	862,692	125,055	24,470,844	76,269	103,738	10,170	9,993	17,834,874	333	249	244	244	14,645,653	244	1,219	1,219	234	70,067,147	234	8	8
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	5,159,460	1,993,406	1,993,406	1,475,674	762,712	61,177	20,970,181	592,648	100,660	9,993	9,934	14,788,834	251	244	244	244	14,533,948	14,533,948	355,371	327,202	327,202	65,884,116	336	7	6
Weighted Avg Shares Basic	5,159,460	1,993,406	1,993,406	1,475,674	761,660	61,177	20,928,073	592,648	100,660	9,993	9,934	14,746,726	251	244	244	244	14,323,422	14,323,422	355,371	327,202	327,202	65,326,325	334	7	6
Net Share Count Change (Normalized)	3.8%	0.2%	0.2%	547.9%	933.7%	-87.7%	489.7%	489.7%	938.1%	0.0%	3261.7%	21.8%	21.8%	0.0%	0.0%	0.0%	-80.0%	-80.0%	4.3%	400.0%	0.0%	2900.0%	2900.0%	7.3%	30.5%
Ownership Claim Change (Normalized)	-3.7%	-0.2%	-0.2%	-84.6%	-90.3%	713.2%	-83.0%	-83.0%	-90.4%	0.0%	-97.0%	-17.9%	-17.9%	0.0%	0.0%	0.0%	399.2%	399.2%	-4.2%	-80.0%	0.0%	-96.7%	-96.7%	-6.8%	-23.4%

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	49,508,216USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json
Total Liabilities	8,366,959USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json
Cash	1,346,642USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json
Shares Outstanding	5,871,449	dei:EntityCommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json Data Vault \| sec/companyfacts/cik=0001066923/companyfacts.json
NCAV	41,141,257USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	7.01USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	85.0%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: Local evidence | The Data Vault
CIK: 0001066923
Company ID: n/a
Selected Annual Source: Data Vault | sec/companyfacts/cik=0001066923/companyfacts.json
Selected Quarterly Source: Data Vault | sec/companyfacts/cik=0001066923/companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 26
Imported At: 2026-08-15T12:52:02+00:00
Rendered At: 2026-08-16T03:29:48+00:00

Run Audit

Mary Run: 8f67c1da7de642feb640d04491409c50
Mary As Of: 2026-07-25
Accession: 0001213900-26-057871
CIK: 0001066923
Mary Filing Date: 2026-05-15
Filing Currency: USD
Internal Discount: 85.0%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=8f67c1da7de642feb640d04491409c50; mary_as_of=2026-07-25; mary_filing_date=2026-05-15; mary_accession=0001213900-26-057871; mary_cik=0001066923; gnni_supporting_filing_date=2026-05-15; internal_discount=0.849692; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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