10-Q Filing

Karat Packaging Inc. CIK: 1758021 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-028595`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	krt-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 116 Income Statement 110 Cash Flow Statement 147 Stockholders Equity 37

Balance Sheet 116 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.26M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.04M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	-	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$28.00M	USD	Point-in-time
Allowance for bad debt	`AllowanceForDoubtfulAccountsReceivableCurrent`	$260.00K	USD	Point-in-time
Allowance for bad debt	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.26M	USD	Point-in-time
Cash and cash equivalents (including $7,256 and $2,022 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$18.26M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.64M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.63M	USD	Point-in-time
Cash and cash equivalents (including $7,256 and $2,022 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$16.04M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.70M	USD	Point-in-time
Short-term investments (including $8,000 and $0 associated with variable interest entity at June 30, 2023, and December 31, 2022, respectively)	`ShortTermInvestments`	-	USD	Point-in-time
Short-term investments (including $8,000 and $0 associated with variable interest entity at June 30, 2023, and December 31, 2022, respectively)	`ShortTermInvestments`	$28.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$95.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.97M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $260 and $1,260 at June 30, 2023 and December 31, 2022, respectively (including $3 and $6 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$32.82M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $260 and $1,260 at June 30, 2023 and December 31, 2022, respectively (including $3 and $6 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`AccountsReceivableNetCurrent`	$29.91M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$818.00K	USD	Point-in-time
Inventories	`InventoryNet`	$76.30M	USD	Point-in-time
Inventories	`InventoryNet`	$71.21M	USD	Point-in-time
Prepaid expenses and other current assets (including $178 and $191 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$6.64M	USD	Point-in-time
Prepaid expenses and other current assets (including $178 and $191 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$5.63M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$7.95M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.01M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$1.28M	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$979.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$161.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.80M	USD	Point-in-time
Property and equipment, net (including $44,792 and $45,399 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`PropertyPlantAndEquipmentNet`	$95.70M	USD	Point-in-time
Long-term debt, current portion	`LongTermDebtCurrent`	$957.00K	USD	Point-in-time
Long-term debt, current portion	`LongTermDebtCurrent`	$971.00K	USD	Point-in-time
Property and equipment, net (including $44,792 and $45,399 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`PropertyPlantAndEquipmentNet`	$95.57M	USD	Point-in-time
Long-term debt, net of current portion and debt discount	`LongTermDebtNoncurrent`	$216.00K	USD	Point-in-time
Long-term debt, net of current portion and debt discount	`LongTermDebtNoncurrent`	$190.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$6.00M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$12.41M	USD	Point-in-time
Goodwill	`Goodwill`	$3.51M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.65M	USD	Point-in-time
Goodwill	`Goodwill`	$3.51M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$2.82M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$353.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$340.00K	USD	Point-in-time
Operating right-of-use assets	`OperatingLeaseRightOfUseAsset`	$15.71M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Operating right-of-use assets	`OperatingLeaseRightOfUseAsset`	$18.40M	USD	Point-in-time
Other assets (including $15 and $38 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`OtherAssetsNoncurrent`	$1.97M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other assets (including $15 and $38 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`OtherAssetsNoncurrent`	$818.00K	USD	Point-in-time
Total assets	`Assets`	$252.18M	USD	Point-in-time
Total assets	`Assets`	$286.93M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	19.91M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	19.91M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Accrued expenses (including $289 and $625 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`AccruedLiabilitiesCurrent`	$7.95M	USD	Point-in-time
Accrued expenses (including $289 and $625 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`AccruedLiabilitiesCurrent`	$9.01M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Treasury stock, par value (in dollars per share)	`TreasuryStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Treasury stock, par value (in dollars per share)	`TreasuryStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.11M	USD	Point-in-time
Customer deposits (including $116 and $165 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`ContractWithCustomerLiabilityCurrent`	$1.28M	USD	Point-in-time
Customer deposits (including $116 and $165 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`ContractWithCustomerLiabilityCurrent`	$979.00K	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time
Long-term debt, current portion (including $971 and $957 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`LongTermDebtCurrent`	$957.00K	USD	Point-in-time
Long-term debt, current portion (including $971 and $957 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`LongTermDebtCurrent`	$971.00K	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$4.51M	USD	Point-in-time
Operating lease liabilities, current portion	`OperatingLeaseLiabilityCurrent`	$5.08M	USD	Point-in-time
Other payables	`OtherNotesPayable`	-	USD	Point-in-time
Other payables	`OtherNotesPayable`	$132.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.72M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$5.16M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$5.16M	USD	Point-in-time
Long-term debt, net of current portion and debt discount of $190 and $216 at June 30, 2023 and December 31, 2022, respectively (including $49,094 and $41,558 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively, and debt discount of $190 and $216 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`LongTermDebtExcludingLongTermLineOfCreditNoncurrent`	$41.56M	USD	Point-in-time
Long-term debt, net of current portion and debt discount of $190 and $216 at June 30, 2023 and December 31, 2022, respectively (including $49,094 and $41,558 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively, and debt discount of $190 and $216 associated with variable interest entity at June 30, 2023 and December 31, 2022, respectively)	`LongTermDebtExcludingLongTermLineOfCreditNoncurrent`	$49.09M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$13.82M	USD	Point-in-time
Operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$11.62M	USD	Point-in-time
Other liabilities (including $1,302 associated with variable interest entity at both June 30, 2023 and December 31, 2022)	`OtherLiabilitiesNoncurrent`	$2.65M	USD	Point-in-time
Other liabilities (including $1,302 associated with variable interest entity at both June 30, 2023 and December 31, 2022)	`OtherLiabilitiesNoncurrent`	$2.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$121.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$100.24M	USD	Point-in-time
Commitments and Contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding, at both June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding, at both June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 19,911,039 and 19,888,039 shares issued and outstanding, respectively, as of June 30, 2023 and 19,908,005 and 19,885,005 shares issued and outstanding, respectively, as of December 31, 2022	`CommonStockValue`	$20.00K	USD	Point-in-time
Common stock, $0.001 par value, 100,000,000 shares authorized, 19,911,039 and 19,888,039 shares issued and outstanding, respectively, as of June 30, 2023 and 19,908,005 and 19,885,005 shares issued and outstanding, respectively, as of December 31, 2022	`CommonStockValue`	$20.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$86.27M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$85.79M	USD	Point-in-time
Treasury stock, $0.001 par value, 23,000 shares at both June 30, 2023 and December 31, 2022	`TreasuryStockCommonValue`	$248.00K	USD	Point-in-time
Treasury stock, $0.001 par value, 23,000 shares at both June 30, 2023 and December 31, 2022	`TreasuryStockCommonValue`	$248.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$56.12M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$68.66M	USD	Point-in-time
Total Karat Packaging Inc. stockholders equity	`StockholdersEquity`	$154.70M	USD	Point-in-time
Total Karat Packaging Inc. stockholders equity	`StockholdersEquity`	$141.68M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.61M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$10.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$147.52M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.31M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$140.24M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.93M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$252.18M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$286.93M	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$204.54M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.88M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$108.74M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$220.29M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$152.04M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$66.88M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$80.92M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$124.54M	USD	2 Qtrs
Gross profit	`GrossProfit`	$33.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$41.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.00M	USD	2 Qtrs
Gross profit	`GrossProfit`	$68.25M	USD	2 Qtrs
Selling expense	`SellingExpense`	$8.87M	USD	1 Quarter
Selling expense	`SellingExpense`	$18.80M	USD	2 Qtrs
Selling expense	`SellingExpense`	$9.47M	USD	1 Quarter
Selling expense	`SellingExpense`	$17.57M	USD	2 Qtrs
General and administrative expense (including $647 and $671 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; $1,318 and $1,234 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`GeneralAndAdministrativeExpense`	$32.17M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$32.17M	USD	2 Qtrs
General and administrative expense (including $647 and $671 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; $1,318 and $1,234 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`GeneralAndAdministrativeExpense`	$17.19M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.19M	USD	1 Quarter
General and administrative expense (including $647 and $671 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; $1,318 and $1,234 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`GeneralAndAdministrativeExpense`	$33.82M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$33.82M	USD	2 Qtrs
General and administrative expense (including $647 and $671 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; $1,318 and $1,234 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`GeneralAndAdministrativeExpense`	$16.71M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.71M	USD	1 Quarter
Impairment expense and loss (gain) on disposal of machinery	`ImpairmentExpenseAndLossGainOnDisposalOfMachinery`	$-21.00K	USD	1 Quarter
Impairment expense and loss (gain) on disposal of machinery	`ImpairmentExpenseAndLossGainOnDisposalOfMachinery`	$-17.00K	USD	2 Qtrs
Rental income	`RentalIncomeNonoperating`	$238.00K	USD	1 Quarter
Rental income	`RentalIncomeNonoperating`	$476.00K	USD	2 Qtrs
Impairment expense and loss (gain) on disposal of machinery	`ImpairmentExpenseAndLossGainOnDisposalOfMachinery`	$2.54M	USD	2 Qtrs
Rental income	`RentalIncomeNonoperating`	$522.00K	USD	2 Qtrs
Impairment expense and loss (gain) on disposal of machinery	`ImpairmentExpenseAndLossGainOnDisposalOfMachinery`	$2.46M	USD	1 Quarter
Rental income	`RentalIncomeNonoperating`	$275.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$586.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$50.96M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$28.52M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$519.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.16M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$847.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$26.16M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$53.93M	USD	2 Qtrs
Interest expense	`InterestExpense`	$610.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$26.07M	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.08M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$13.34M	USD	1 Quarter
Interest expense	`InterestExpense`	$980.00K	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$7.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$573.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$17.29M	USD	2 Qtrs
Rental income (including $239 and $238 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $486 and $476 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RentalIncomeNonoperating`	$238.00K	USD	1 Quarter
Rental income (including $239 and $238 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $486 and $476 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RentalIncomeNonoperating`	$476.00K	USD	2 Qtrs
Rental income (including $239 and $238 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $486 and $476 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RentalIncomeNonoperating`	$522.00K	USD	2 Qtrs
Rental income (including $239 and $238 associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $486 and $476 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RentalIncomeNonoperating`	$275.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$118.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-181.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-90.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-263.00K	USD	2 Qtrs
Gain (loss) on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$850.00K	USD	1 Quarter
Gain (loss) on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-105.00K	USD	2 Qtrs
Gain (loss) on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$322.00K	USD	1 Quarter
Gain (loss) on foreign currency transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$983.00K	USD	2 Qtrs
Interest income (including $182 and $847 interest income associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $198 and $2,187 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InvestmentIncomeInterest`	$586.00K	USD	2 Qtrs
Interest income (including $182 and $847 interest income associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $198 and $2,187 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InvestmentIncomeInterest`	$519.00K	USD	1 Quarter
Interest income (including $182 and $847 interest income associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $198 and $2,187 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InvestmentIncomeInterest`	$2.16M	USD	2 Qtrs
Interest income (including $182 and $847 interest income associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $198 and $2,187 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InvestmentIncomeInterest`	$847.00K	USD	1 Quarter
Interest expense (including $565 and $488 interest expense associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $971 and $936 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InterestExpense`	$610.00K	USD	1 Quarter
Interest expense (including $565 and $488 interest expense associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $971 and $936 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InterestExpense`	$1.08M	USD	2 Qtrs
Interest expense (including $565 and $488 interest expense associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $971 and $936 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InterestExpense`	$980.00K	USD	2 Qtrs
Interest expense (including $565 and $488 interest expense associated with variable interest entity for the three months ended June 30, 2023 and 2022, respectively; and $971 and $936 interest expense associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`InterestExpense`	$573.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-67.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$661.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$2.27M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$1.14M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.00M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.00M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$19.57M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.95M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.14M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.42M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.75M	USD	1 Quarter
Net income	`ProfitLoss`	$10.68M	USD	1 Quarter
Net income	`ProfitLoss`	$9.19M	USD	1 Quarter
Net income	`ProfitLoss`	$19.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.94M	USD	1 Quarter
Net income	`ProfitLoss`	$15.14M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.20M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.13M	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$356.00K	USD	2 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$856.00K	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$175.00K	USD	1 Quarter
Net income attributable to Karat Packaging Inc.	`NetIncomeLoss`	$6.34M	USD	1 Quarter
Net income attributable to Karat Packaging Inc.	`NetIncomeLoss`	$13.01M	USD	2 Qtrs
Net income attributable to Karat Packaging Inc.	`NetIncomeLoss`	$19.51M	USD	2 Qtrs
Net income attributable to Karat Packaging Inc.	`NetIncomeLoss`	$10.50M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.98	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.89M	shares	2 Qtrs
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.81M	shares	2 Qtrs
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.89M	shares	1 Quarter
Weighted average common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.81M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.91M	shares	2 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.93M	shares	1 Quarter
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.95M	shares	2 Qtrs
Weighted average common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.95M	shares	1 Quarter

Cash Flow Statement 147 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.68M	USD	1 Quarter
Net income	`ProfitLoss`	$9.19M	USD	1 Quarter
Net income	`ProfitLoss`	$19.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.94M	USD	1 Quarter
Net income	`ProfitLoss`	$15.14M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.20M	USD	1 Quarter
Depreciation and amortization (including $607 and $606 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DepreciationDepletionAndAmortization`	$5.15M	USD	2 Qtrs
Depreciation and amortization (including $607 and $606 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DepreciationDepletionAndAmortization`	$5.35M	USD	2 Qtrs
Adjustments to allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.15M	USD	2 Qtrs
Adjustments to allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-843.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.15M	USD	2 Qtrs
Adjustments to inventory reserve	`InventoryWriteDown`	$-408.00K	USD	2 Qtrs
Adjustments to inventory reserve	`InventoryWriteDown`	$513.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.35M	USD	2 Qtrs
Write-off of inventory	`WriteOffOfInventory`	$2.73M	USD	1 Quarter
Change in fair value of interest rate swap (including $0 and $2,159 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DerivativeGainLossOnDerivativeNet`	$2.16M	USD	2 Qtrs
Write-off of inventory	`WriteOffOfInventory`	-	USD	2 Qtrs
Write-off of inventory	`WriteOffOfInventory`	$2.94M	USD	2 Qtrs
Change in fair value of interest rate swap (including $0 and $2,159 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Amortization of loan fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-40.00K	USD	2 Qtrs
Amortization of loan fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-18.00K	USD	2 Qtrs
Impairment of deposits	`ImpairmentOfDeposits`	-	USD	2 Qtrs
Impairment of deposits	`ImpairmentOfDeposits`	$523.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.85M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.06M	USD	2 Qtrs
Loss (gain) on disposal of machinery and equipment	`GainLossOnDispositionOfAssets1`	$17.00K	USD	2 Qtrs
Loss (gain) on disposal of machinery and equipment	`GainLossOnDispositionOfAssets1`	$-2.02M	USD	2 Qtrs
Loss (gain) on disposal of machinery and equipment	`GainLossOnDispositionOfAssets1`	$-1.94M	USD	1 Quarter
Loss (gain) on disposal of machinery and equipment	`GainLossOnDispositionOfAssets1`	$21.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-478.00K	USD	2 Qtrs
Change in fair value of interest rate swap (including $0 and $2,159 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DerivativeGainLossOnDerivativeNet`	$2.16M	USD	2 Qtrs
Change in fair value of interest rate swap (including $0 and $2,159 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.70M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$36.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$76.00K	USD	2 Qtrs
Amortization of loan fees (including $31 and $18 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`AmortizationOfDeferredLoanOriginationFeesNet`	$-40.00K	USD	2 Qtrs
Amortization of loan fees (including $31 and $18 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`AmortizationOfDeferredLoanOriginationFeesNet`	$-18.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.18M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.86M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$493.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.01M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.06M	USD	2 Qtrs
Amortization of operating right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$2.28M	USD	2 Qtrs
Amortization of operating right-of-use assets	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.79M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$552.00K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-302.00K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$404.00K	USD	2 Qtrs
Accounts receivable (including $3 and $18 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsReceivable`	$6.85M	USD	2 Qtrs
Accounts receivable (including $3 and $18 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsReceivable`	$2.06M	USD	2 Qtrs
Other liabilities (including $0 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$172.00K	USD	2 Qtrs
Other liabilities (including $0 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.62M	USD	2 Qtrs
Proceeds from settlement of interest rate swap (including $0 and $825 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromSettlementOfInterestRateSwap`	$825.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$27.52M	USD	2 Qtrs
Proceeds from settlement of interest rate swap (including $0 and $825 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromSettlementOfInterestRateSwap`	-	USD	2 Qtrs
Prepaid expenses and other current assets (including $9 and $115 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-478.00K	USD	2 Qtrs
Purchase of short-term investments (including $8,000 and $0 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsToAcquireShortTermInvestments`	$28.00M	USD	2 Qtrs
Purchase of short-term investments (including $8,000 and $0 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Prepaid expenses and other current assets (including $9 and $115 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.70M	USD	2 Qtrs
Other assets (including $21 and $28 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingAssets`	$36.00K	USD	2 Qtrs
Other assets (including $21 and $28 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingAssets`	$76.00K	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit`	$27.48M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit`	$8.00M	USD	2 Qtrs
Payments on long-term debt (including $476 and $21,139 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RepaymentsOfLongTermDebt`	$476.00K	USD	2 Qtrs
Payments on long-term debt (including $476 and $21,139 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RepaymentsOfLongTermDebt`	$21.14M	USD	2 Qtrs
Tax withholding on vesting of restricted stock units	`PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits`	$18.00K	USD	2 Qtrs
Accounts payable (including $1 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsPayable`	$4.86M	USD	2 Qtrs
Accounts payable (including $1 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsPayable`	$4.01M	USD	2 Qtrs
Tax withholding on vesting of restricted stock units	`PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits`	-	USD	2 Qtrs
Impairment of deposits	`GainLossOnDispositionOfAssets1`	$17.00K	USD	2 Qtrs
Impairment of deposits	`GainLossOnDispositionOfAssets1`	$-2.02M	USD	2 Qtrs
Accrued expenses (including $336 and $706 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccruedLiabilities`	$-1.06M	USD	2 Qtrs
Impairment of deposits	`GainLossOnDispositionOfAssets1`	$-1.94M	USD	1 Quarter
Accrued expenses (including $336 and $706 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInAccruedLiabilities`	$552.00K	USD	2 Qtrs
Impairment of deposits	`GainLossOnDispositionOfAssets1`	$21.00K	USD	1 Quarter
Related party payable	`IncreaseDecreaseInDueToRelatedParties`	$1.20M	USD	2 Qtrs
Related party payable	`IncreaseDecreaseInDueToRelatedParties`	$2.19M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-85.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.11M	USD	2 Qtrs
Customer deposits (including $49 and $7 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInContractWithCustomerLiability`	$-302.00K	USD	2 Qtrs
Customer deposits (including $49 and $7 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInContractWithCustomerLiability`	$404.00K	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-2.21M	USD	2 Qtrs
Operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-1.79M	USD	2 Qtrs
Other liabilities (including $0 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$172.00K	USD	2 Qtrs
Other liabilities (including $0 and $493 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.00K	USD	2 Qtrs
Other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$482.00K	USD	2 Qtrs
Other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$132.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.75M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$31.05M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.82M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.61M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$35.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.00K	USD	2 Qtrs
Payments for costs incurred from sale of machinery and equipment	`PaymentsForCostsIncurredFromSaleOfMachineryAndEquipment`	$209.00K	USD	2 Qtrs
Payments for costs incurred from sale of machinery and equipment	`PaymentsForCostsIncurredFromSaleOfMachineryAndEquipment`	-	USD	2 Qtrs
Deposits paid for joint venture investment	`PaymentsToAcquireInterestInJointVenture`	$4.00M	USD	2 Qtrs
Deposits paid for joint venture investment	`PaymentsToAcquireInterestInJointVenture`	$2.90M	USD	2 Qtrs
Deposits refunded from joint venture investment	`ProceedsFromDepositsRefundedFromJointVentureInvestment`	-	USD	2 Qtrs
Deposits refunded from joint venture investment	`ProceedsFromDepositsRefundedFromJointVentureInvestment`	$6.90M	USD	2 Qtrs
Deposit refund from cancelled property and equipment purchase	`DepositRefundFromCancelledPropertyAndEquipmentPurchase`	-	USD	2 Qtrs
Deposit refund from cancelled property and equipment purchase	`DepositRefundFromCancelledPropertyAndEquipmentPurchase`	$503.00K	USD	2 Qtrs
Deposits paid for property and equipment	`PaymentsForDepositsForPropertyPlantAndEquipment`	$3.82M	USD	2 Qtrs
Deposits paid for property and equipment	`PaymentsForDepositsForPropertyPlantAndEquipment`	$7.60M	USD	2 Qtrs
Proceeds from settlement of interest rate swap (including $0 and $825 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromSettlementOfInterestRateSwap`	$825.00K	USD	2 Qtrs
Proceeds from settlement of interest rate swap (including $0 and $825 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromSettlementOfInterestRateSwap`	-	USD	2 Qtrs
Purchase of short-term investments (including $8,000 and $0 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsToAcquireShortTermInvestments`	$28.00M	USD	2 Qtrs
Purchase of short-term investments (including $8,000 and $0 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsToAcquireShortTermInvestments`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.32M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$20.10M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$8.50M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Proceeds from long-term debt (including $8,000 and $27,477 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit`	$27.48M	USD	2 Qtrs
Proceeds from long-term debt (including $8,000 and $27,477 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit`	$8.00M	USD	2 Qtrs
Payments for lender fees	`PaymentsForLenderFees`	-	USD	2 Qtrs
Payments for lender fees	`PaymentsForLenderFees`	$61.00K	USD	2 Qtrs
Payments on long-term debt (including $476 and $21,139 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RepaymentsOfLongTermDebt`	$476.00K	USD	2 Qtrs
Payments on long-term debt (including $476 and $21,139 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`RepaymentsOfLongTermDebt`	$21.14M	USD	2 Qtrs
Tax withholding on vesting of restricted stock units	`PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits`	$18.00K	USD	2 Qtrs
Tax withholding on vesting of restricted stock units	`PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits`	-	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of common stock options	`ProceedsFromStockOptionsExercised`	$51.00K	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfDividends`	$6.96M	USD	2 Qtrs
Dividends paid to shareholders	`PaymentsOfDividends`	-	USD	2 Qtrs
Payments of noncontrolling interest tax withholding (including $0 and $874 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Payments of noncontrolling interest tax withholding (including $0 and $874 associated with variable interest entity for the six months ended June 30, 2023 and 2022, respectively)	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$874.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$17.11M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$480.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.98M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.22M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.04M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.48M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.26M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.50M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.04M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.48M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.26M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.50M	USD	Point-in-time
Transfers from deposit to property and equipment	`PropertyPlantAndEquipmentTransfersAndChanges`	$5.27M	USD	2 Qtrs
Transfers from deposit to property and equipment	`PropertyPlantAndEquipmentTransfersAndChanges`	$5.11M	USD	2 Qtrs
Non-cash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	$819.00K	USD	2 Qtrs
Non-cash purchases of property and equipment	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$200.00K	USD	2 Qtrs
Cash paid for income tax	`IncomeTaxesPaidNet`	$5.83M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.07M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.03M	USD	2 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Dividends paid to stockholders (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.35	USD	1 Quarter
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$147.52M	USD	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.38M	USD	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.03M	USD	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.31M	USD	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$140.24M	USD	Point-in-time
Balance at the beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.93M	USD	Point-in-time
Treasury stock, balance at the beginning of period (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time
Treasury stock, balance at the beginning of period (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$277.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$216.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$611.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$565.00K	USD	1 Quarter
Cash dividends declared ($0.35 per share)	`DividendsCash`	$6.96M	USD	1 Quarter
Issuance of common stock upon vesting of? restricted stock units, net shares withheld to? cover taxes	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-4.00K	USD	1 Quarter
Issuance of common stock upon vesting of? restricted stock units, net shares withheld to? cover taxes	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-14.00K	USD	1 Quarter
Exercise of common stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$51.00K	USD	1 Quarter
Noncontrolling interest tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$487.00K	USD	1 Quarter
Noncontrolling interest tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$387.00K	USD	1 Quarter
Net income	`ProfitLoss`	$10.68M	USD	1 Quarter
Net income	`ProfitLoss`	$9.19M	USD	1 Quarter
Net income	`ProfitLoss`	$19.86M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.94M	USD	1 Quarter
Net income	`ProfitLoss`	$15.14M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.20M	USD	1 Quarter
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	19.89M	shares	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$147.52M	USD	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$161.38M	USD	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$132.03M	USD	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$165.31M	USD	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$140.24M	USD	Point-in-time
Balance at the end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$151.93M	USD	Point-in-time
Treasury stock, balance at the end of period (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time
Treasury stock, balance at the end of period (in shares)	`TreasuryStockCommonShares`	23,000.00	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.