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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Assets:    
Cash and cash equivalents $ 392,528,408 $ 322,599,616
Cash-segregated for regulatory purpose 1,701,707,286 1,617,154,185
Term deposits 901,409 896,683
Receivables from customers (net of allowance of US$991,286 and US$14,870,240 as of December 31, 2023 and June 30, 2024) 846,675,954 753,361,199
Receivables from brokers, dealers, and clearing organizations 1,591,933,989 541,876,929
Financial instruments held, at fair value 175,701,579 428,159,554
Prepaid expenses and other current assets 17,769,978 17,936,180
Total current assets 4,737,182,239 3,689,972,102
Long-term deposits 1,376,046 4,225,412
Right-of-use assets 13,053,689 9,067,885
Property, equipment and intangible assets, net 16,473,565 16,429,543
Goodwill 2,492,668 2,492,668
Long-term investments 7,326,173 7,586,483
Other non-current assets 6,365,576 5,282,012
Deferred tax assets 9,103,304 10,990,998
Total assets 4,793,373,260 3,746,047,103
Liabilities:    
Payables to customers 2,805,723,816 2,913,306,558
Payables to brokers, dealers and clearing organizations 1,241,375,223 114,771,931
Accrued expenses and other current liabilities 43,395,355 42,381,946
Deferred income - current   819,809
Lease liabilities - current 4,445,007 4,133,883
Total current liabilities 4,116,935,214 3,085,562,269
Convertible bonds 158,181,706 156,887,691
Lease liabilities - non-current 8,140,018 4,777,134
Deferred tax liabilities 2,315,326 3,397,831
Total liabilities 4,285,572,264 3,250,624,925
Commitments and Contingencies (Note 18)
Mezzanine equity    
Redeemable non-controlling interests 6,871,175 6,706,660
Total Mezzanine equity 6,871,175 6,706,660
Shareholders’ equity:    
Additional paid-in capital 510,169,203 505,448,080
Statutory reserve 8,511,039 8,511,039
Accumulated deficit (4,371,906) (19,600,434)
Treasury stock (2,172,819) (2,172,819)
Accumulated other comprehensive loss (10,940,152) (3,232,993)
Total UP Fintech shareholders' equity 501,219,066 488,976,377
Non-controlling interests (289,245) (260,859)
Total equity 500,929,821 488,715,518
Total liabilities, mezzanine equity and equity 4,793,373,260 3,746,047,103
Related party    
Assets:    
Amounts due from related parties 9,963,636 7,987,756
Liabilities:    
Amount due to related parties 21,995,813 10,148,142
Class A ordinary shares    
Shareholders’ equity:    
Ordinary shares 22,725 22,528
Class B ordinary shares    
Shareholders’ equity:    
Ordinary shares $ 976 $ 976