Future FinTech Group Inc. Leases Disclosure
8. LEASES
The Company’s non-cancellable operating leases consist of leases for office space. The Company is the lessee under the terms of the operating leases. For the year ended December 31, 2025, the operating lease cost was $0.22 million.
The Company’s operating leases have remaining lease terms of approximately 17 months. As of December 31, 2025, the weighted average remaining lease term and weighted average discount rate were 1.40 years and 4.90%, respectively.
Maturities of lease liabilities were as follows:
| Operating | ||||
| As of December 31, 2025 | Lease | |||
| From January 1, 2026 to December 31, 2026 | $ | 178,762 | ||
| From January 1, 2027 to December 31, 2027 | 31,252 | |||
| Total | $ | 210,014 | ||
| Less: amounts representing interest | $ | 4,662 | ||
| Present Value of future minimum lease payments | 205,352 | |||
| Less: Current obligations | 174,423 | |||
| Long-term obligations | $ | 30,929 | ||
The Company leases office space and equipment under various short-term operating leases. As permitted by ASC 842, the Company has elected the practical expedient for short-term leases, whereby lease assets and lease liabilities are not recognized on the balance sheet. Short-term leases cost was for the year ended December 31, 2025.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 18, 2026 | Showing above |
| 2024 | Apr 15, 2025 | |
| 2023 | Apr 16, 2024 | |
| 2022 | Apr 19, 2023 | |
| 2021 | Apr 15, 2022 | |
| 2020 | Apr 15, 2021 | |
| 2018 | Sep 3, 2019 | |
| 2017 | Apr 16, 2018 | |
| 2016 | Apr 17, 2017 | |
| 2015 | Nov 28, 2016 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.