10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001104659-21-073492 |
| Period End Date | 20210331 |
| Filing Date | 20210528 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | krt-20210331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
106 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
CashAndCashEquivalentsAtCarryingValue
|
$448.00K | USD | Point-in-time |
| Cash and cash equivalents (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
CashAndCashEquivalentsAtCarryingValue
|
$961.00K | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $0.3 million |
AccountsReceivableNetCurrent
|
$25.58M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $0.3 million |
AccountsReceivableNetCurrent
|
$23.84M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$48.96M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$46.06M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$448.00K | USD | Point-in-time |
| Prepaid expenses and other current assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$961.00K | USD | Point-in-time |
| Prepaid expenses and other current assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.42M | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$300.00K | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$300.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$79.78M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$76.03M | USD | Point-in-time |
| Property and equipment, net (including $47.5 million and $47.8 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
PropertyPlantAndEquipmentNet
|
$95.53M | USD | Point-in-time |
| Property and equipment, net (including $47.5 million and $47.8 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
PropertyPlantAndEquipmentNet
|
$93.86M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$6.53M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.42M | USD | Point-in-time |
| Deposits |
DepositsAssetsNoncurrent
|
$2.85M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$95.53M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$93.86M | USD | Point-in-time |
| Deposits |
DepositsAssetsNoncurrent
|
$2.46M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$161.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$159.00K | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.11M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.51M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$20.07M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
- | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$400.00K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$17.19M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$5.51M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$4.96M | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$64.00K | USD | Point-in-time |
| Deferred tax asset |
DeferredIncomeTaxAssetsNet
|
$64.00K | USD | Point-in-time |
| Other assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
OtherAssetsNoncurrent
|
$161.00K | USD | Point-in-time |
| Other assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
OtherAssetsNoncurrent
|
$159.00K | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiabilityCurrent
|
$551.00K | USD | Point-in-time |
| Customer deposits |
ContractWithCustomerLiabilityCurrent
|
$635.00K | USD | Point-in-time |
| Debt, current portion |
LongTermDebtCurrent
|
$11.36M | USD | Point-in-time |
| Total assets |
Assets
|
$176.87M | USD | Point-in-time |
| Debt, current portion |
LongTermDebtCurrent
|
$11.84M | USD | Point-in-time |
| Total assets |
Assets
|
$181.10M | USD | Point-in-time |
| Accounts payable (including $0 and $0.6 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
AccountsPayableCurrent
|
$20.07M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$3.73M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$5.05M | USD | Point-in-time |
| Accounts payable (including $0 and $0.6 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
AccountsPayableCurrent
|
$17.19M | USD | Point-in-time |
| Accrued expenses (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
AccruedLiabilitiesCurrent
|
$5.51M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Accrued expenses (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
AccruedLiabilitiesCurrent
|
$4.96M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Related party payable |
DueToRelatedPartiesCurrent
|
$3.42M | USD | Point-in-time |
| Related party payable |
DueToRelatedPartiesCurrent
|
$5.04M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Credit cards payable |
CreditCardsPayableCurrent
|
$794.00K | USD | Point-in-time |
| Credit cards payable |
CreditCardsPayableCurrent
|
$634.00K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.19M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.19M | shares | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
- | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$41.00K | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
| Customer deposits (including $0.1 and $0 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
ContractWithCustomerLiabilityCurrent
|
$551.00K | USD | Point-in-time |
| Treasury stock, par value |
TreasuryStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Customer deposits (including $0.1 and $0 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
ContractWithCustomerLiabilityCurrent
|
$635.00K | USD | Point-in-time |
| Treasury stock, par value |
TreasuryStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
23,000.00 | shares | Point-in-time |
| Capital leases, current portion |
FinanceLeaseLiabilityCurrent
|
$325.00K | USD | Point-in-time |
| Capital leases, current portion |
FinanceLeaseLiabilityCurrent
|
$321.00K | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
23,000.00 | shares | Point-in-time |
| Debt, current portion (including $0.7 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
LongTermDebtCurrent
|
$11.36M | USD | Point-in-time |
| Debt, current portion (including $0.7 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
LongTermDebtCurrent
|
$11.84M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$39.55M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$43.14M | USD | Point-in-time |
| Deferred tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$6.18M | USD | Point-in-time |
| Deferred tax liability |
DeferredIncomeTaxLiabilitiesNet
|
$6.18M | USD | Point-in-time |
| Line of credit |
LongTermLineOfCredit
|
$33.24M | USD | Point-in-time |
| Line of credit |
LongTermLineOfCredit
|
$33.17M | USD | Point-in-time |
| Long-term debt, net of current portion (including $36.5 million and $36.7 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively, and debt discount of $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
LongTermDebtExcludingLongTermLineOfCreditNoncurrent
|
$51.05M | USD | Point-in-time |
| Long-term debt, net of current portion (including $36.5 million and $36.7 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively, and debt discount of $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020) |
LongTermDebtExcludingLongTermLineOfCreditNoncurrent
|
$53.41M | USD | Point-in-time |
| Capital leases, net of current portion |
FinanceLeaseLiabilityNoncurrent
|
$207.00K | USD | Point-in-time |
| Capital leases, net of current portion |
FinanceLeaseLiabilityNoncurrent
|
$290.00K | USD | Point-in-time |
| Other liabilities (including $2.6 million and $3.9 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
OtherLiabilitiesNoncurrent
|
$3.73M | USD | Point-in-time |
| Other liabilities (including $2.6 million and $3.9 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively) |
OtherLiabilitiesNoncurrent
|
$5.05M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$133.95M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$141.24M | USD | Point-in-time |
| Commitments and Contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.001 par value, 100,000,000 shares authorized, 15,190,000 shares issued, 15,167,000 shares outstanding at March 31, 2021 and December 31, 2020 |
CommonStockValue
|
$15.00K | USD | Point-in-time |
| Common stock, $0.001 par value, 100,000,000 shares authorized, 15,190,000 shares issued, 15,167,000 shares outstanding at March 31, 2021 and December 31, 2020 |
CommonStockValue
|
$15.00K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$13.98M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$13.98M | USD | Point-in-time |
| Treasury stock, $0.001 par value, 23,000 shares on March 31, 2021 and December 31, 2020 |
TreasuryStockValue
|
$248.00K | USD | Point-in-time |
| Treasury stock, $0.001 par value, 23,000 shares on March 31, 2021 and December 31, 2020 |
TreasuryStockValue
|
$248.00K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$18.66M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$20.44M | USD | Point-in-time |
| Total Karat Packaging Inc. stockholders' equity |
StockholdersEquity
|
$32.40M | USD | Point-in-time |
| Total Karat Packaging Inc. stockholders' equity |
StockholdersEquity
|
$34.18M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$7.46M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$8.73M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.05M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$39.87M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.62M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$42.92M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$176.87M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$181.10M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$64.08M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$75.67M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$46.19M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$54.05M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$17.89M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$21.63M | USD | 1 Quarter |
| Selling expense |
SellingExpense
|
$4.70M | USD | 1 Quarter |
| Selling expense |
SellingExpense
|
$6.40M | USD | 1 Quarter |
| General and administrative expense (including $0.6 million and $0.1 million associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
GeneralAndAdministrativeExpense
|
$11.46M | USD | 1 Quarter |
| General and administrative expense |
GeneralAndAdministrativeExpense
|
$11.46M | USD | 1 Quarter |
| General and administrative expense (including $0.6 million and $0.1 million associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
GeneralAndAdministrativeExpense
|
$9.10M | USD | 1 Quarter |
| General and administrative expense |
GeneralAndAdministrativeExpense
|
$9.10M | USD | 1 Quarter |
| Rental income |
RentalIncomeNonoperating
|
$246.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$17.86M | USD | 1 Quarter |
| Rental income |
RentalIncomeNonoperating
|
- | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$13.80M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$3.77M | USD | 1 Quarter |
| Interest income (expense) |
InterestIncomeExpenseNonoperatingNet
|
$-3.31M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$4.09M | USD | 1 Quarter |
| Interest income (expense) |
InterestIncomeExpenseNonoperatingNet
|
$278.00K | USD | 1 Quarter |
| Rental income (including $0.2 million and $0 associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
RentalIncomeNonoperating
|
$246.00K | USD | 1 Quarter |
| Rental income (including $0.2 million and $0 associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
RentalIncomeNonoperating
|
- | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$106.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$26.00K | USD | 1 Quarter |
| Loss on foreign currency transactions |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-165.00K | USD | 1 Quarter |
| Loss on foreign currency transactions |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-41.00K | USD | 1 Quarter |
| Interest income (expense) (including $0.8 million interest income and $2.4 million interest expense associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
InterestIncomeExpenseNonoperatingNet
|
$-3.31M | USD | 1 Quarter |
| Interest income (expense) (including $0.8 million interest income and $2.4 million interest expense associated with variable interest entity for the three-months ended March 31, 2021 and 2020, respectively) |
InterestIncomeExpenseNonoperatingNet
|
$278.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$465.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-3.32M | USD | 1 Quarter |
| Income before provision for income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.24M | USD | 1 Quarter |
| Income before provision for income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$767.00K | USD | 1 Quarter |
| Provision for income tax |
IncomeTaxExpenseBenefit
|
$1.19M | USD | 1 Quarter |
| Provision for income tax |
IncomeTaxExpenseBenefit
|
$200.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$567.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.05M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.88M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.27M | USD | 1 Quarter |
| Net income attributable to Karat Packaging Inc. |
NetIncomeLoss
|
$1.78M | USD | 1 Quarter |
| Net income attributable to Karat Packaging Inc. |
NetIncomeLoss
|
$2.45M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.12 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.16 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.16 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.12 | USD | 1 Quarter |
| Weighted average common shares outstanding, basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.19M | shares | 1 Quarter |
| Weighted average common shares outstanding, basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.17M | shares | 1 Quarter |
| Weighted average common shares outstanding, diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.46M | shares | 1 Quarter |
| Weighted average common shares outstanding, diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.40M | shares | 1 Quarter |
Cash Flow Statement
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$567.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.05M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.89M | USD | Annual |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$2.46M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.89M | USD | 1 Quarter |
| Provision for bad debt |
ProvisionForDoubtfulAccounts
|
- | USD | 1 Quarter |
| Provision for bad debt |
ProvisionForDoubtfulAccounts
|
$38.00K | USD | 1 Quarter |
| Change in fair value of interest rate swap |
DerivativeGainLossOnDerivativeNet
|
$-2.42M | USD | 1 Quarter |
| Change in fair value of interest rate swap |
DerivativeGainLossOnDerivativeNet
|
$1.32M | USD | 1 Quarter |
| Amortization of loan fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-3.00K | USD | 1 Quarter |
| Amortization of loan fees |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-3.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.01M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.74M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-3.05M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.19M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-3.11M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$452.00K | USD | 1 Quarter |
| Due from affiliated companies |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
- | USD | 1 Quarter |
| Due from affiliated companies |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$14.00K | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
$41.00K | USD | 1 Quarter |
| Deposits |
IncreaseDecreaseInDepositOtherAssets
|
$2.27M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-2.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.88M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.90M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$581.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$551.00K | USD | 1 Quarter |
| Related party payable |
IncreaseDecreaseInDueToRelatedParties
|
$469.00K | USD | 1 Quarter |
| Related party payable |
IncreaseDecreaseInDueToRelatedParties
|
$-1.62M | USD | 1 Quarter |
| Credit cards payable |
IncreaseDecreaseInCreditCardsPayable
|
$-285.00K | USD | 1 Quarter |
| Credit cards payable |
IncreaseDecreaseInCreditCardsPayable
|
$-160.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
- | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-41.00K | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$84.00K | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInContractWithCustomerLiability
|
$-148.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.50M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.50M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$273.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.25M | USD | 1 Quarter |
| Deposits paid for property and equipment |
PaymentsForDepositsForPropertyPlantAndEquipment
|
$759.00K | USD | 1 Quarter |
| Deposits paid for property and equipment |
PaymentsForDepositsForPropertyPlantAndEquipment
|
$921.00K | USD | 1 Quarter |
| Acquisition of Pacific Cup, Inc. |
PaymentsToAcquireBusinessesGross
|
$900.00K | USD | 1 Quarter |
| Acquisition of Pacific Cup, Inc. |
PaymentsToAcquireBusinessesGross
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.01M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.09M | USD | 1 Quarter |
| Net proceeds from line of credit |
ProceedsFromLongTermLinesOfCredit
|
$2.79M | USD | 1 Quarter |
| Net proceeds from line of credit |
ProceedsFromLongTermLinesOfCredit
|
$70.00K | USD | 1 Quarter |
| Proceeds from long-term debt, net of issuance cost |
ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit
|
- | USD | 1 Quarter |
| Proceeds from long-term debt, net of issuance cost |
ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit
|
$2.00M | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$1.89M | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$1.74M | USD | 1 Quarter |
| Payments on capital lease obligations |
FinanceLeasePrincipalPayments
|
$79.00K | USD | 1 Quarter |
| Payments on capital lease obligations |
FinanceLeasePrincipalPayments
|
$78.00K | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.97M | USD | 1 Quarter |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.90M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.46M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$513.00K | USD | 1 Quarter |
| Beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$802.00K | USD | Point-in-time |
| Beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$961.00K | USD | Point-in-time |
| Beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.27M | USD | Point-in-time |
| Beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$448.00K | USD | Point-in-time |
| End of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$802.00K | USD | Point-in-time |
| End of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$961.00K | USD | Point-in-time |
| End of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.27M | USD | Point-in-time |
| End of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$448.00K | USD | Point-in-time |
| Capital expenditures funded by capital lease borrowings |
CapitalExpendituresIncurredButNotYetPaid
|
- | USD | 1 Quarter |
| Capital expenditures funded by capital lease borrowings |
CapitalExpendituresIncurredButNotYetPaid
|
$23.00K | USD | 1 Quarter |
| Transfers from deposit to property and equipment |
PropertyPlantAndEquipmentTransfersAndChanges
|
$1.01M | USD | 1 Quarter |
| Transfers from deposit to property and equipment |
PropertyPlantAndEquipmentTransfersAndChanges
|
$473.00K | USD | 1 Quarter |
| Acquisition of Pacific Cup, Inc. included within deposits |
AcquisitionPriceIncludedWithinDeposits
|
- | USD | 1 Quarter |
| Acquisition of Pacific Cup, Inc. included within deposits |
AcquisitionPriceIncludedWithinDeposits
|
$100.00K | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$1.09M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$941.00K | USD | 1 Quarter |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at the beginning |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.05M | USD | Point-in-time |
| Balance at the beginning |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$39.87M | USD | Point-in-time |
| Balance at the beginning |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.62M | USD | Point-in-time |
| Balance at the beginning |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$42.92M | USD | Point-in-time |
| Balance at the beginning (in shares) |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
| Balance at the beginning (in shares) |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$567.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.05M | USD | 1 Quarter |
| Balance at the end |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.05M | USD | Point-in-time |
| Balance at the end |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$39.87M | USD | Point-in-time |
| Balance at the end |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$24.62M | USD | Point-in-time |
| Balance at the end |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$42.92M | USD | Point-in-time |
| Balance at the end (in shares) |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
| Balance at the end (in shares) |
CommonStockSharesOutstanding
|
15.17M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.