CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents (including $0.7 million and $0.1 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	$ 1,679,000	$ 448,000
Accounts receivable, net of allowance for doubtful accounts of $0.3 million and $0.3 million at September 30, 2021 and December 31, 2020, respectively (including $0.0 and $0.0 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	33,276,000	23,838,000
Inventories	60,207,000	48,961,000
Prepaid expenses and other current assets (including $0.1 million and $0.1 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	5,690,000	6,530,000
Total current assets	100,852,000	79,777,000
Property and equipment, net (including $46.9 million and $47.8 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively)	94,041,000	95,533,000
Deposits	4,237,000	2,456,000
Goodwill	3,510,000	3,113,000
Intangible assets, net	387,000	0
Deferred tax asset	64,000	64,000
Other assets (including $0.0 million and $0.1 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	399,000	161,000
Total assets	203,490,000	181,104,000
Current liabilities
Accounts payable (including $0.0 million and $0.6 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively)	19,028,000	20,069,000
Accrued expenses (including $0.4 million and $0.1 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively)	8,161,000	4,959,000
Related party payable	2,611,000	5,038,000
Credit cards payable	131,000	794,000
Income taxes payable	106,000	41,000
Customer deposits (including $0.1 million and $0 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	1,125,000	551,000
Capital leases, current portion	186,000	321,000
Debt, current portion (including $1.2 million and $0.7 million associated with variable interest entity at September 30, 2021 and December 31, 2020)	1,166,000	11,364,000
Total current liabilities	32,514,000	43,137,000
Deferred tax liability	6,181,000	6,181,000
Line of credit	0	33,169,000
Long-term debt, net of current portion and debt discount of $0.2 million and $0.1 million at September 30, 2021 and December 31, 2020, respectively (including $35.6 million and $36.7 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively, and debt discount of $0.2 million and $0.1 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively)	35,629,000	53,410,000
Capital leases, net of current portion	106,000	290,000
Other liabilities (including $2.9 million and $3.9 million associated with variable interest entity at September 30, 2021 and December 31, 2020, respectively)	4,051,000	5,049,000
Total liabilities	78,481,000	141,236,000
Commitments and Contingencies (Note 13)	0	0
Karat Packaging Inc. stockholders’ equity
Common stock, $0.001 par value, 100,000,000 shares authorized, 19,737,500 and 19,714,500 shares issued and outstanding, respectively, at September 30, 2021; 15,190,000 and 15,167,000 shares issued and outstanding, respectively, at December 31, 2020	20,000	15,000
Additional paid in capital	82,656,000	13,981,000
Treasury stock, $0.001 par value, 23,000 and 23,000 shares on September 30, 2021 and December 31, 2020, respectively	(248,000)	(248,000)
Retained earnings	33,805,000	18,656,000
Total Karat Packaging Inc. stockholders’ equity	116,233,000	32,404,000
Noncontrolling interest	8,776,000	7,464,000
Total stockholders’ equity	125,009,000	39,868,000
Total liabilities and stockholders’ equity	$ 203,490,000	$ 181,104,000