CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents (including $5.2 million and $1.2 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	$ 6,820,000	$ 6,483,000
Accounts receivable, net of allowance for doubtful accounts of $0.8 million and $0.3 million at March 31, 2022 and December 31, 2021, respectively	43,337,000	32,776,000
Inventories	77,337,000	58,472,000
Prepaid expenses and other current assets (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	6,036,000	5,141,000
Total current assets	133,530,000	102,872,000
Property and equipment, net (including $46.3 million and $46.6 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	92,138,000	93,475,000
Deposits	10,440,000	6,885,000
Goodwill	3,510,000	3,510,000
Intangible assets, net	373,000	380,000
Other assets (including $0.1 million associated with variable interest entity at both March 31, 2022 and December 31, 2021)	389,000	477,000
Total assets	240,380,000	207,599,000
Current liabilities
Accounts payable (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	24,073,000	18,470,000
Accrued expenses (including $0.2 million and $0.1 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	8,343,000	7,813,000
Related party payable	1,260,000	2,003,000
Income taxes payable	1,977,000	85,000
Customer deposits (including $0.1 million associated with variable interest entity as of both March 31, 2022 and December 31, 2021)	1,448,000	1,215,000
Debt, current portion (including $1.2 million associated with variable interest entity as of both March 31, 2022 and December 31, 2021)	1,190,000	1,178,000
Other payable	1,534,000	0
Total current liabilities	39,825,000	30,764,000
Deferred tax liability	5,634,000	5,634,000
Line of credit	10,200,000	0
Long-term debt, net of current portion and debt discount of $0.2 million as of both March 31, 2022 and December 31, 2021 (including $42.0 million and $35.3 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively, and debt discount of $0.2 million associated with variable interest entity as of both March 31, 2022 and December 31, 2021)	41,954,000	35,339,000
Other liabilities (including $1.3 million and $2.6 million associated with variable interest entity at March 31, 2022 and December 31, 2021, respectively)	2,524,000	3,837,000
Total liabilities	100,137,000	75,574,000
Commitments and Contingencies (Note 12)	0	0
Karat Packaging Inc. stockholders’ equity
Common stock, $0.001 par value, 100,000,000 shares authorized, 19,832,417 and 19,809,417 shares issued and outstanding, respectively, at March 31, 2022; 19,827,417 and 19,804,417 shares issued and outstanding, respectively, at December 31, 2021	20,000	20,000
Additional paid in capital	84,356,000	83,694,000
Treasury stock, $0.001 par value, 23,000 shares at both March 31, 2022 and December 31, 2021	(248,000)	(248,000)
Retained earnings	46,101,000	39,434,000
Total Karat Packaging Inc. stockholders’ equity	130,229,000	122,900,000
Noncontrolling interest	10,014,000	9,125,000
Total stockholders’ equity	140,243,000	132,025,000
Total liabilities and stockholders’ equity	$ 240,380,000	$ 207,599,000