$HFFG
HF Foods Group Inc. Stock $hffg

$hffg Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000168087324000029 Filed on May 10, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$302.3M	$295.7M
YoY Change	3.43%	0.61%
Cost Of Revenue	$249.9M	$245.2M
YoY Change	3.41%	0.64%
Gross Profit	$52.47M	$50.41M
YoY Change	3.55%	0.48%
Gross Profit Margin	17.35%	17.05%
Selling, General & Admin	$49.84M	$50.50M
YoY Change	-4.6%	-4.6%
% of Gross Profit	95.0%	100.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.500M	$6.676M
YoY Change	4.17%	-0.19%
% of Gross Profit	4.77%	13.24%
Operating Expenses	$49.84M	$50.50M
YoY Change	-4.6%	-4.6%
Operating Profit	$2.625M	-$85.00K
YoY Change	-266.46%	-96.92%
Interest Expense	-$2.758M	$2.834M
YoY Change	-196.87%	-1.19%
% of Operating Profit	-105.07%
Other Income/Expense, Net	-$3.466M	$94.00K
YoY Change	-1633.63%	-101.79%
Pretax Income	$1.834M	-$740.0K
YoY Change	-235.75%	-90.78%
Income Tax	$1.599M	-$181.0K
% Of Pretax Income	87.19%
Net Earnings	$17.00K	-$694.0K
YoY Change	-102.0%	-88.3%
Net Earnings / Revenue	0.01%	-0.23%
Basic Earnings Per Share	$0.00	-$0.01
Diluted Earnings Per Share	$0.00	-$0.01
COMMON SHARES
Basic Shares Outstanding	52.61M shares	52.16M shares
Diluted Shares Outstanding	52.66M shares	52.16M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.97M	$18.22M
YoY Change	-6.54%	4.22%
Cash & Equivalents	$13.97M	$18.22M
Short-Term Investments
Other Short-Term Assets	$791.0K	$1.253M
YoY Change	-93.66%	-83.73%
Inventory	$119.2M	$107.9M
Prepaid Expenses
Receivables	$51.42M	$50.00M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$193.6M	$185.5M
YoY Change	4.83%	3.41%
LONG-TERM ASSETS
Property, Plant & Equipment	$159.5M	$149.8M
YoY Change	7.03%	-1.61%
Goodwill	$85.10M	$85.10M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$2.390M	$2.389M
YoY Change	-0.99%	-10.39%
Other Assets	$6.538M	$6.532M
YoY Change	34.53%	65.62%
Total Long-Term Assets	$423.3M	$417.6M
YoY Change	-0.97%	-3.79%
TOTAL ASSETS
Total Short-Term Assets	$193.6M	$185.5M
Total Long-Term Assets	$423.3M	$417.6M
Total Assets	$616.9M	$603.1M
YoY Change	0.78%	-1.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$63.15M	$57.83M
YoY Change	13.34%	-0.01%
Accrued Expenses	$15.55M	$17.45M
YoY Change	-21.3%	6.37%
Deferred Revenue
YoY Change
Short-Term Debt	$66.35M	$55.19M
YoY Change	57.33%	24.15%
Long-Term Debt Due	$5.414M	$5.427M
YoY Change	-8.79%	-10.01%
Total Short-Term Liabilities	$164.1M	$150.6M
YoY Change	9.39%	3.68%
LONG-TERM LIABILITIES
Long-Term Debt	$106.0M	$107.3M
YoY Change	-5.88%	-5.89%
Other Long-Term Liabilities	$160.0K	$5.198M
YoY Change	-97.0%	-35.33%
Total Long-Term Liabilities	$106.2M	$112.5M
YoY Change	-10.0%	-7.83%
TOTAL LIABILITIES
Total Short-Term Liabilities	$164.1M	$150.6M
Total Long-Term Liabilities	$106.2M	$112.5M
Total Liabilities	$328.1M	$314.9M
YoY Change	2.05%	-2.16%
SHAREHOLDERS EQUITY
Retained Earnings	-$309.4M	-$309.4M
YoY Change	-1.26%	-0.98%
Common Stock	$5.000K	$5.000K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$286.3M	$286.7M
YoY Change
Total Liabilities & Shareholders Equity	$616.9M	$603.1M
YoY Change	0.78%	-1.68%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$17.00K	-$694.0K
YoY Change	-102.0%	-88.3%
Depreciation, Depletion And Amortization	$2.500M	$6.676M
YoY Change	4.17%	-0.19%
Cash From Operating Activities	-$7.072M	$7.055M
YoY Change	84.26%	-43.87%
INVESTING ACTIVITIES
Capital Expenditures	$3.746M	$2.585M
YoY Change	319.48%	310.97%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.746M	-$2.585M
YoY Change	319.48%	310.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$1.414M
YoY Change		-13.89%
Cash From Financing Activities	6.571M	-$1.487M
YoY Change	198.68%	-92.07%
NET CHANGE
Cash From Operating Activities	-7.072M	$7.055M
Cash From Investing Activities	-3.746M	-$2.585M
Cash From Financing Activities	6.571M	-$1.487M
Net Change In Cash	-4.247M	$2.983M
YoY Change	67.8%	-143.79%
FREE CASH FLOW
Cash From Operating Activities	-$7.072M	$7.055M
Capital Expenditures	$3.746M	$2.585M
Free Cash Flow	-$10.82M	$4.470M
YoY Change	128.66%	-62.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Cost Of Revenue CostOfRevenue	245243000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	50411000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5797000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	50172000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	50496000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	52929000	usd
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	us-gaap	Derivative Asset Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeAssetNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2024Q1	us-gaap	Derivative Liability Noncurrent Statement Of Financial Position Extensible Enumeration DerivativeLiabilityNoncurrentStatementOfFinancialPositionExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	295654000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	293855000	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	243683000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-85000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2757000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	2834000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	2868000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	94000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	228000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	1970000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-2746000	usd
CY2024Q1	hffg	Lease Guarantee Expense LeaseGuaranteeExpense	-115000	usd
CY2023Q1	hffg	Lease Guarantee Expense LeaseGuaranteeExpense	-120000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-740000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-8023000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-181000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2226000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-559000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5797000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	135000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	136000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-694000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-5933000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.11
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.11
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	52155968	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	53822794	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	52155968	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	53822794	shares
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-559000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6676000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6689000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-40000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	57000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-471000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1324000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1970000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2746000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	738000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1096000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	935000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	965000	usd
CY2024Q1	hffg	Lease Guarantee Expense LeaseGuaranteeExpense	-115000	usd
CY2023Q1	hffg	Lease Guarantee Expense LeaseGuaranteeExpense	-120000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-39000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-93000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2141000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1034000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-13000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	416000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2290000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-9822000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-782000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1238000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	-368000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	829000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	6074000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	2327000	usd
CY2024Q1	hffg	Increase Decrease In Related Party Accounts Payable IncreaseDecreaseInRelatedPartyAccountsPayable	-254000	usd
CY2023Q1	hffg	Increase Decrease In Related Party Accounts Payable IncreaseDecreaseInRelatedPartyAccountsPayable	-776000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-897000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-961000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	167000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-3274000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7055000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12570000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2585000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	629000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2585000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-629000	usd
CY2024Q1	hffg	Checks Issued Not Presented For Payment ChecksIssuedNotPresentedForPayment	4169000	usd
CY2023Q1	hffg	Checks Issued Not Presented For Payment ChecksIssuedNotPresentedForPayment	-7852000	usd
CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	345697000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	298195000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	349082000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	306808000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1414000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1642000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	857000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	646000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1487000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-18753000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2983000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6812000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15232000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	24289000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18215000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17477000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	36000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	79000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	4867000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	643000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	296249000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-5797000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	34000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1096000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	291514000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	287983000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-559000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	738000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	288162000	usd
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Minority Interest MinorityInterest	1457000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	1322000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Uses of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during each reporting period. Actual results could differ from those estimates. Significant accounting estimates reflected in the Company’s condensed consolidated financial statements include, but are not limited to, inventory reserves, impairment of long-lived assets, impairment of goodwill, and the purchase price allocation and fair value of assets and liabilities acquired with respect to business combinations.</span></div>
CY2024Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4108000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	295654000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	293855000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	2119000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1442000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-40000	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	57000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Loss Writeoff After Recovery FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery	2000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Loss Writeoff After Recovery FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery	24000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	2077000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1475000	usd
CY2023Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4591000	usd
CY2024Q1	us-gaap	Supplies Supplies	4002000	usd
CY2023Q4	us-gaap	Supplies Supplies	3340000	usd
CY2024Q1	us-gaap	Other Assets Current OtherAssetsCurrent	1253000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	2214000	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	9363000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	10145000	usd
CY2024Q1	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	192232000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	185641000	usd
CY2024Q1	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	54243000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	52505000	usd
CY2024Q1	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	137989000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	133136000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	2600000	usd
CY2024Q1	us-gaap	Equity Method Investments EquityMethodInvestments	2389000	usd
CY2023Q4	us-gaap	Equity Method Investments EquityMethodInvestments	2388000	usd
CY2023	us-gaap	Equity Method Investment Other Than Temporary Impairment EquityMethodInvestmentOtherThanTemporaryImpairment	0	usd
CY2024Q1	us-gaap	Equity Method Investment Other Than Temporary Impairment EquityMethodInvestmentOtherThanTemporaryImpairment	0	usd
CY2024Q1	hffg	Accrued Compensation Current AccruedCompensationCurrent	6649000	usd
CY2023Q4	hffg	Accrued Compensation Current AccruedCompensationCurrent	7941000	usd
CY2024Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	1399000	usd
CY2023Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	1353000	usd
CY2024Q1	hffg	Accrued Interest And Fees Current AccruedInterestAndFeesCurrent	1181000	usd
CY2023Q4	hffg	Accrued Interest And Fees Current AccruedInterestAndFeesCurrent	1276000	usd
CY2024Q1	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	1697000	usd
CY2023Q4	us-gaap	Self Insurance Reserve Current SelfInsuranceReserveCurrent	1723000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	6528000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4994000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	17454000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	17287000	usd
CY2024Q1	hffg	Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Interest rate swaps
CY2023Q1	hffg	Derivative Asset Statement Of Financial Position Extensible Enumeration Not Disclosed Flag DerivativeAssetStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Interest rate swaps
CY2024Q1	hffg	Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Interest rate swaps
CY2023Q1	hffg	Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag	Interest rate swaps
CY2023Q4	us-gaap	Goodwill Goodwill	85100000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	85100000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	233365000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	59629000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	173736000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	233365000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	55559000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	177806000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4100000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4100000	usd
CY2019Q3	hffg	Number Of Mortgage Term Loans NumberOfMortgageTermLoans	2	termloan
CY2019Q3	hffg	Number Of Mortgage Term Loans NumberOfMortgageTermLoans	2	termloan
CY2024Q1	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	800000	usd
CY2023Q4	us-gaap	Derivative Assets Noncurrent DerivativeAssetsNoncurrent	400000	usd
CY2023Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	1600000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	113006000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	114419000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	248000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	258000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	112758000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	114161000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	5427000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	5450000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	107331000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	108711000	usd
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1470541	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	851443	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-694000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-5933000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	52155968	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	53822794	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	52155968	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	53822794	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.11
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.11
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.245
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.277
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	3000000	shares
CY2024Q1	hffg	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Vested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsVestedNumber	531222	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1032168	shares
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	700000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1100000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	3500000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y7M24D
CY2024Q1	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	7000000	usd
CY2024Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	1300000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid Remainder Of Fiscal Year LesseeOperatingAndFinanceLeaseLiabilityToBePaidRemainderOfFiscalYear	442000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid Year One LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearOne	604000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid Year Two LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearTwo	621000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid Year Three LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearThree	638000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid Year Four LesseeOperatingAndFinanceLeaseLiabilityToBePaidYearFour	656000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid After Year Four LesseeOperatingAndFinanceLeaseLiabilityToBePaidAfterYearFour	3822000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability To Be Paid LesseeOperatingAndFinanceLeaseLiabilityToBePaid	6783000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability Undiscounted Excess Amount LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount	1390000	usd
CY2024Q1	hffg	Lessee Operating And Finance Lease Liability LesseeOperatingAndFinanceLeaseLiability	5393000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001680873-24-000029-index-headers.html	Edgar Link	pending
0001680873-24-000029-index.html	Edgar Link	pending
0001680873-24-000029.txt	Edgar Link	pending
0001680873-24-000029-xbrl.zip	Edgar Link	pending
a20241q-ex311.htm	Edgar Link	pending
a20241q-ex312.htm	Edgar Link	pending
a20241q-ex321.htm	Edgar Link	pending
a20241q-ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
hffg-20240331.htm	Edgar Link	pending
hffg-20240331.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
hffg-20240331_cal.xml	Edgar Link	unprocessable
hffg-20240331_def.xml	Edgar Link	unprocessable
hffg-20240331_lab.xml	Edgar Link	unprocessable
hffg-20240331_pre.xml	Edgar Link	unprocessable
hffg-20240331_htm.xml	Edgar Link	completed
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$HFFG
HF Foods Group Inc. Stock $hffg

2024 Q2 Form 10-Q Financial Statement

#000168087324000029 Filed on May 10, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HFFG HF Foods Group Inc. Stock $hffg

2024 Q2 Form 10-Q Financial Statement

#000168087324000029 Filed on May 10, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HFFG
HF Foods Group Inc. Stock $hffg