XML 66 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
Total
Total FGI Industries Ltd. Shareholders' Equity
Preference Shares
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Non- Controlling Interests
Beginning balance (in shares) at Dec. 31, 2022     0 9,500,000        
Beginning balance at Dec. 31, 2022 $ 22,744,410 $ 22,744,410 $ 0 $ 950 $ 20,459,859 $ 3,679,920 $ (1,396,319) $ 0
Increase (Decrease) in Stockholders' Equity                
Share-based compensation (in shares)       47,607        
Share-based compensation 417,978 417,978   $ 5 417,973      
Net income (loss) 579,564 733,604       733,604   (154,040)
Foreign currency translation adjustments 284,820 284,820         284,820  
Ending balance (in shares) at Dec. 31, 2023     0 9,547,607        
Ending balance at Dec. 31, 2023 24,026,772 24,180,812 $ 0 $ 955 20,877,832 4,413,524 (1,111,499) (154,040)
Increase (Decrease) in Stockholders' Equity                
Share-based compensation (in shares)       16,307        
Share-based compensation 401,216 401,216   $ 1 401,215      
Net income (loss) (1,734,277) (1,201,089)       (1,201,089)   (533,188)
Foreign currency translation adjustments (1,128,061) (1,128,061)         (1,128,061)  
Ending balance (in shares) at Dec. 31, 2024     0 9,563,914        
Ending balance at Dec. 31, 2024 $ 21,565,650 $ 22,252,878 $ 0 $ 956 $ 21,279,047 $ 3,212,435 $ (2,239,560) $ (687,228)