CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020)	$ 961,000	$ 448,000
Accounts receivable, net of allowance for doubtful accounts of $0.3 million	25,579,000	23,838,000
Inventories	46,065,000	48,961,000
Prepaid expenses and other current assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020)	3,422,000	6,530,000
Total current assets	76,027,000	79,777,000
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)	93,865,000	95,533,000
Deposits	2,845,000	2,456,000
Goodwill	3,510,000	3,113,000
Intangible assets, net	400,000	0
Deferred tax asset	64,000	64,000
Other assets (including $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020)	159,000	161,000
Total assets	176,870,000	181,104,000
Current liabilities
Accounts payable (including $0 and $0.6 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively)	17,186,000	20,069,000
Accrued expenses (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively)	5,510,000	4,959,000
Related party payable	3,420,000	5,038,000
Credit cards payable	634,000	794,000
Income taxes payable	0	41,000
Customer deposits (including $0.1 and $0 million associated with variable interest entity at March 31, 2021 and December 31, 2020)	635,000	551,000
Capital leases, current portion	325,000	321,000
Debt, current portion (including $0.7 million associated with variable interest entity at March 31, 2021 and December 31, 2020)	11,841,000	11,364,000
Total current liabilities	39,551,000	43,137,000
Deferred tax liability	6,181,000	6,181,000
Line of credit	33,239,000	33,169,000
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)	51,048,000	53,410,000
Capital leases, net of current portion	207,000	290,000
Other liabilities (including $2.6 million and $3.9 million associated with variable interest entity at March 31, 2021 and December 31, 2020, respectively)	3,726,000	5,049,000
Total liabilities	133,952,000	141,236,000
Commitments and Contingencies (Note 13)
Karat Packaging Inc. stockholders' equity
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	15,000	15,000
Additional paid in capital	13,981,000	13,981,000
Treasury stock, $0.001 par value, 23,000 shares on March 31, 2021 and December 31, 2020	(248,000)	(248,000)
Retained earnings	20,436,000	18,656,000
Total Karat Packaging Inc. stockholders' equity	34,184,000	32,404,000
Noncontrolling interest	8,734,000	7,464,000
Total stockholders' equity	42,918,000	39,868,000
Total liabilities and stockholders' equity	$ 176,870,000	$ 181,104,000