$KRT
Karat Packaging Inc. Stock $krt

$krt Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000162828023017302 Filed on May 10, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$108.7M	$95.80M	$105.4M
YoY Change	-5.35%	-9.12%	39.3%
Cost Of Revenue	$66.88M	$57.66M	$71.12M
YoY Change	-17.35%	-18.93%	31.6%
Gross Profit	$41.86M	$38.14M	$34.29M
YoY Change	23.25%	11.24%	58.55%
Gross Profit Margin	38.5%	39.82%	32.53%
Selling, General & Admin	$26.06M	$25.41M	$24.80M
YoY Change	-0.38%	2.48%	38.89%
% of Gross Profit	62.26%	66.62%	72.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.711M	$2.633M	$2.584M
YoY Change	5.98%	1.9%	4.87%
% of Gross Profit	6.48%	6.9%	7.54%
Operating Expenses	$28.52M	$25.41M	$24.80M
YoY Change	9.02%	2.48%	38.89%
Operating Profit	$13.34M	$12.73M	$9.491M
YoY Change	70.97%	34.15%	151.68%
Interest Expense	$573.0K	$407.0K	$840.0K
YoY Change	141.77%	-51.55%	202.16%
% of Operating Profit	4.3%	3.2%	8.85%
Other Income/Expense, Net	$661.0K	-$728.0K	$1.129M
YoY Change	-42.22%	-164.48%	142.8%
Pretax Income	$14.00M	$12.00M	$10.62M
YoY Change	56.49%	13.03%	150.71%
Income Tax	$3.323M	$2.818M	$2.700M
% Of Pretax Income	23.74%	23.48%	25.42%
Net Earnings	$10.50M	$9.005M	$6.667M
YoY Change	65.54%	35.07%	274.55%
Net Earnings / Revenue	9.66%	9.4%	6.32%
Basic Earnings Per Share	$0.53	$0.45	$0.34
Diluted Earnings Per Share	$0.53	$0.45	$0.34
COMMON SHARES
Basic Shares Outstanding	19.89M shares	19.89M shares	19.81M shares
Diluted Shares Outstanding	19.95M shares	19.94M shares	19.90M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$46.26M	$33.23M	$6.820M
YoY Change	1221.25%	387.17%	609.68%
Cash & Equivalents	$18.26M	$23.23M	$6.800M
Short-Term Investments	$28.00M	$10.00M
Other Short-Term Assets	$5.631M	$4.448M	$6.036M
YoY Change	-15.84%	-26.31%	76.39%
Inventory	$76.30M	$70.91M	$77.34M
Prepaid Expenses
Receivables	$32.82M	$32.97M	$43.34M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$161.0M	$141.6M	$133.5M
YoY Change	20.02%	6.01%	75.63%
LONG-TERM ASSETS
Property, Plant & Equipment	$95.71M	$99.42M	$92.14M
YoY Change	0.7%	7.9%	-1.84%
Goodwill	$3.510M	$3.510M	$3.510M
YoY Change	0.0%	0.0%
Intangibles	$340.0K	$347.0K	$373.0K
YoY Change	-7.36%	-6.97%
Long-Term Investments
YoY Change
Other Assets	$1.970M	$2.036M	$389.0K
YoY Change	134.52%	423.39%	-87.32%
Total Long-Term Assets	$125.9M	$131.7M	$106.9M
YoY Change	11.39%	23.28%	5.96%
TOTAL ASSETS
Total Short-Term Assets	$161.0M	$141.6M	$133.5M
Total Long-Term Assets	$125.9M	$131.7M	$106.9M
Total Assets	$286.9M	$273.3M	$240.4M
YoY Change	16.08%	13.69%	35.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$23.38M	$17.74M	$24.07M
YoY Change	0.25%	-26.31%	40.07%
Accrued Expenses	$7.946M	$7.878M	$8.343M
YoY Change	0.93%	-5.57%	51.42%
Deferred Revenue	$979.0K	$955.0K	$1.448M
YoY Change	-39.53%	-34.05%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$971.0K	$962.0K	$1.190M
YoY Change	6.7%	-19.16%	-90.22%
Total Short-Term Liabilities	$50.72M	$44.18M	$39.83M
YoY Change	35.57%	10.94%	0.69%
LONG-TERM LIABILITIES
Long-Term Debt	$190.0K	$202.0K	$200.0K
YoY Change	-20.5%	1.0%	-99.76%
Other Long-Term Liabilities	$2.824M	$2.674M	$2.524M
YoY Change	-5.99%	5.94%	-32.26%
Total Long-Term Liabilities	$3.014M	$2.876M	$2.724M
YoY Change	-7.06%	5.58%	-96.91%
TOTAL LIABILITIES
Total Short-Term Liabilities	$50.72M	$44.18M	$39.83M
Total Long-Term Liabilities	$3.014M	$2.876M	$2.724M
Total Liabilities	$121.6M	$111.9M	$100.1M
YoY Change	22.03%	11.74%	-29.82%
SHAREHOLDERS EQUITY
Retained Earnings	$68.66M	$65.12M	$46.10M
YoY Change	30.92%	41.26%
Common Stock	$20.00K	$20.00K	$20.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)		$248.0K	$248.0K
YoY Change		0.0%
Treasury Stock Shares			23.00K shares
Shareholders Equity	$154.7M	$151.0M	$130.2M
YoY Change
Total Liabilities & Shareholders Equity	$286.9M	$273.3M	$240.4M
YoY Change	16.08%	13.69%	35.91%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	$10.50M	$9.005M	$6.667M
YoY Change	65.54%	35.07%	274.55%
Depreciation, Depletion And Amortization	$2.711M	$2.633M	$2.584M
YoY Change	5.98%	1.9%	4.87%
Cash From Operating Activities	$16.87M	$14.19M	-$11.43M
YoY Change	358.25%	-224.14%	-353.71%
INVESTING ACTIVITIES
Capital Expenditures	$774.0K	$1.042M	$824.0K
YoY Change	-197.85%	26.46%	201.83%
Acquisitions			$0.00
YoY Change			-100.0%
Other Investing Activities	-$13.86M	-$13.64M	-$3.971M
YoY Change	104.85%	243.57%	118.07%
Cash From Investing Activities	-$14.63M	-$14.69M	-$4.795M
YoY Change	93.65%	206.26%	128.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$241.0K	$267.0K
YoY Change		-9.74%	-85.86%
Cash From Financing Activities	-7.204M	$7.684M	$16.56M
YoY Change	-1395.68%	-53.6%	-972.9%
NET CHANGE
Cash From Operating Activities	16.87M	$14.19M	-$11.43M
Cash From Investing Activities	-14.63M	-$14.69M	-$4.795M
Cash From Financing Activities	-7.204M	$7.684M	$16.56M
Net Change In Cash	-4.968M	$7.184M	$337.0K
YoY Change	49.68%	2031.75%	-34.31%
FREE CASH FLOW
Cash From Operating Activities	$16.87M	$14.19M	-$11.43M
Capital Expenditures	$774.0K	$1.042M	$824.0K
Free Cash Flow	$16.09M	$13.14M	-$12.25M
YoY Change	259.88%	-207.28%	-389.55%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001758021
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-40336
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Karat Packaging Inc.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	19887457	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23225000	usd
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-2237832
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	6185 Kimball Avenue
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Chino
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91708
CY2023Q1	dei	City Area Code CityAreaCode	626
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	965-8882
CY2023Q1	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
CY2023Q1	dei	Trading Symbol TradingSymbol	KRT
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
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CY2023Q1	us-gaap	Short Term Investments ShortTermInvestments	10000000	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	0	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	451000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	1260000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	32973000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	29912000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	70909000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	71206000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4448000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6641000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	141555000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	123800000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	99416000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	95568000	usd
CY2023Q1	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	11700000	usd
CY2022Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	12413000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	3510000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	3510000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	347000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	353000	usd
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CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	7878000	usd
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CY2023Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	9907000	usd
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CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	4506000	usd
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CY2023Q1	us-gaap	Other Notes Payable OtherNotesPayable	452000	usd
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CY2023Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	5156000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	5156000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	202000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	216000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	202000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	216000	usd
CY2023Q1	krt	Long Term Debt Excluding Long Term Line Of Credit Noncurrent LongTermDebtExcludingLongTermLineOfCreditNoncurrent	49325000	usd
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CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	10561000	usd
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CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2652000	usd
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CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
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CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
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CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
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CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
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CY2023Q1	us-gaap	Common Stock Value CommonStockValue	20000	usd
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CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	86055000	usd
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CY2022Q4	krt	Treasury Stock Par Or Stated Value Per Share TreasuryStockParOrStatedValuePerShare	0.001
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CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	23000	shares
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CY2023Q1	us-gaap	Treasury Stock Value TreasuryStockValue	248000	usd
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CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	65123000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	56118000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	150950000	usd
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CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	161382000	usd
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CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	95801000	usd
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CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-427000	usd
CY2022Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	133000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	67000	usd
CY2022Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1313000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	407000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	473000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-728000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1129000	usd
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CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2818000	usd
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CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1276000	usd
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CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
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CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19886585	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19807584	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19939923	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19901384	shares
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	132025000	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	611000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	51000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	387000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	7943000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	140243000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	151933000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-14000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	277000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	9186000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	161382000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	9186000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	7943000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2633000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2584000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-652000	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	500000	usd
CY2023Q1	us-gaap	Inventory Write Down InventoryWriteDown	288000	usd
CY2022Q1	us-gaap	Inventory Write Down InventoryWriteDown	476000	usd
CY2023Q1	krt	Write Off Of Inventory WriteOffOfInventory	216000	usd
CY2022Q1	krt	Write Off Of Inventory WriteOffOfInventory	0	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-82000	usd
CY2022Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	0	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	0	usd
CY2022Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	1313000	usd
CY2023Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	-17000	usd
CY2022Q1	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	-9000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	277000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	611000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	997000	usd
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	650000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2409000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11061000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	207000	usd
CY2022Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	19341000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1023000	usd
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	895000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-9000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-88000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1978000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	5526000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1127000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	547000	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	4967000	usd
CY2022Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-743000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	1782000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	1892000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-326000	usd
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	233000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-1067000	usd
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-667000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	22000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	0	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	452000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1534000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14185000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-11427000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1042000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	824000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	25000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2023Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	2900000	usd
CY2022Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	usd
CY2023Q1	krt	Proceeds From Deposits Refunded From Joint Venture Investment ProceedsFromDepositsRefundedFromJointVentureInvestment	950000	usd
CY2022Q1	krt	Proceeds From Deposits Refunded From Joint Venture Investment ProceedsFromDepositsRefundedFromJointVentureInvestment	0	usd
CY2023Q1	krt	Payments For Deposits For Property Plant And Equipment PaymentsForDepositsForPropertyPlantAndEquipment	1718000	usd
CY2022Q1	krt	Payments For Deposits For Property Plant And Equipment PaymentsForDepositsForPropertyPlantAndEquipment	3971000	usd
CY2023Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	10000000	usd
CY2022Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14685000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4795000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	10200000	usd
CY2023Q1	krt	Proceeds From Issuance Of Long Term Debt Excluding Proceeds From Long Term Line Of Credit ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit	8000000	usd
CY2022Q1	krt	Proceeds From Issuance Of Long Term Debt Excluding Proceeds From Long Term Line Of Credit ProceedsFromIssuanceOfLongTermDebtExcludingProceedsFromLongTermLineOfCredit	6885000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	61000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	241000	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	267000	usd
CY2023Q1	krt	Payment Tax Withholding Share Based Payment Arrangement Restricted Stock Units PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits	14000	usd
CY2022Q1	krt	Payment Tax Withholding Share Based Payment Arrangement Restricted Stock Units PaymentTaxWithholdingShareBasedPaymentArrangementRestrictedStockUnits	0	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2022Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	51000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	310000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	7684000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	16559000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7184000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	337000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16041000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6483000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23225000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6820000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Transfers And Changes PropertyPlantAndEquipmentTransfersAndChanges	4381000	usd
CY2022Q1	us-gaap	Property Plant And Equipment Transfers And Changes PropertyPlantAndEquipmentTransfersAndChanges	416000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1159000	usd
CY2022Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	200000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	421000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	440000	usd
CY2023Q1	us-gaap	Nature Of Operations NatureOfOperations	Nature of Operations <div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Lollicup USA Inc. (“Lollicup”) was incorporated on January 21, 2001 under the laws of the State of California as an S-corporation. Effective January 1, 2018, Lollicup elected to convert from an S-Corporation to a C-Corporation. Karat Packaging Inc. (“Karat Packaging”) was incorporated on September 26, 2018 as a Delaware corporation and became the holding company for Lollicup (collectively, the “Company”) through a share exchange with the shareholders of Lollicup. </span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company is a manufacturer and distributor of single-use disposable products used in a variety of restaurant and foodservice settings. The Company supplies a wide range of products such as food containers, tableware, cups, lids, cutlery, and straws. The products are available in plastic, paper, biopolymer-based and other compostable forms. In addition to manufacturing and distribution, the Company offers customized solutions to customers, including new product development, design, printing, and logistics services, and distributes certain specialty food and beverages products, such as boba and coffee drinks. </span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company supplies products to national and regional distributors, supermarkets, restaurants, and convenience stores as well as to smaller chains and businesses including boutique coffee houses, bubble tea cafes, pizza parlors and frozen yogurt shops.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The Company currently operates manufacturing facilities and distribution and fulfillment centers in Chino, California; Rockwall, Texas and Kapolei, Hawaii. In addition, the Company operates five other distribution centers located in Branchburg, New Jersey; Sumner, Washington; Summerville, South Carolina; Kapolei, Hawaii and City of Industry, California.</span></div>
CY2023Q1	krt	Number Of Other Distribution Centers Operated By Entity NumberOfOtherDistributionCentersOperatedByEntity	5	distribution_center
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Estimates and Assumptions:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Management uses estimates and assumptions in preparing financial statements in accordance with GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could differ materially from the estimates that were assumed in preparing the condensed consolidated financial statements. Estimates that are significant to the condensed consolidated financial statements include stock-based compensation, allowance for doubtful accounts and reserve for slow-moving and obsolete inventory.</span>
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	16858000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	50489000	usd
CY2023Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	48251000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	42731000	usd
CY2022Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	39033000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	3510000	usd
CY2023Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	0	usd
CY2023Q1	us-gaap	Goodwill Goodwill	3510000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	18061000	usd
CY2023Q1	krt	Inventory Semi Finished Goods InventorySemiFinishedGoods	1978000	usd
CY2022Q4	krt	Inventory Semi Finished Goods InventorySemiFinishedGoods	1850000	usd
CY2023Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	53110000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	52044000	usd
CY2023Q1	us-gaap	Inventory Gross InventoryGross	71946000	usd
CY2022Q4	us-gaap	Inventory Gross InventoryGross	71955000	usd
CY2023Q1	us-gaap	Inventory Adjustments InventoryAdjustments	1037000	usd
CY2022Q4	us-gaap	Inventory Adjustments InventoryAdjustments	749000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	70909000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	71206000	usd
CY2022Q4	krt	Accrued Property Taxes Current AccruedPropertyTaxesCurrent	1164000	usd
CY2022Q4	krt	Accrued Sale Taxes And Used Taxes AccruedSaleTaxesAndUsedTaxes	992000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	151824000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	146137000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	52408000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	50569000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	99416000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	95568000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	2626000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	2577000	usd
CY2023Q1	krt	Accrued Sale Taxes And Used Taxes AccruedSaleTaxesAndUsedTaxes	1010000	usd
CY2023Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2200000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2094000	usd
CY2023Q1	us-gaap	Interest Payable Current InterestPayableCurrent	80000	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	108000	usd
CY2023Q1	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	1183000	usd
CY2022Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	1586000	usd
CY2023Q1	us-gaap	Accrued Vacation Current AccruedVacationCurrent	786000	usd
CY2022Q4	us-gaap	Accrued Vacation Current AccruedVacationCurrent	543000	usd
CY2023Q1	krt	Accrued Shipping Expenses Current AccruedShippingExpensesCurrent	1819000	usd
CY2022Q4	krt	Accrued Shipping Expenses Current AccruedShippingExpensesCurrent	1918000	usd
CY2023Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	500000	usd
CY2022Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	600000	usd
CY2023Q1	krt	Accrued Property Taxes Current AccruedPropertyTaxesCurrent	300000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	20653000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	7878000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	9005000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	50489000	usd
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	42731000	usd
CY2023Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	202000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	216000	usd
CY2023Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	962000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	957000	usd
CY2023Q1	krt	Long Term Debt Excluding Long Term Line Of Credit Noncurrent LongTermDebtExcludingLongTermLineOfCreditNoncurrent	49325000	usd
CY2022Q4	krt	Long Term Debt Excluding Long Term Line Of Credit Noncurrent LongTermDebtExcludingLongTermLineOfCreditNoncurrent	41558000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	715000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	990000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	1040000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	27091000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	50489000	usd
CY2019Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	2000000	shares
CY2023Q1	us-gaap	Common Stock Capital Shares Reserved For Future Issuance CommonStockCapitalSharesReservedForFutureIssuance	1322350	shares
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	277000	usd
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	611000	usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	420000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	18.58
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y9M18D
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	420000	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	18.58
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y7M6D
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	420000	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	18.58
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P8Y7M6D
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	0	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	140000	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	18.58
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P8Y7M6D
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	0	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	619000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	223000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	9005000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	6667000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19887000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19808000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	9005000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	6667000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19887000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19808000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	53000	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	93000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19940000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19901000	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.34
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	434000	shares
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	474000	shares
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1333000	usd
CY2023Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	13000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	247000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	1593000	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y1M13D
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.054
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	1363000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	3876000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	4287000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2926000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3015000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1415000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	1212000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	16731000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	1664000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	15067000	usd
CY2022Q1	krt	Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag	Rental income
CY2023Q1	krt	Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag	Rental income
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	247000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	238000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	367000	usd
CY2018Q4	krt	Number Of Exercised Convertible Notes NumberOfExercisedConvertibleNotes	2	convertible_note
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2818000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2677000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.235
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.252
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2023Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd

Files In Submission

Name	View Source	Status
0001628280-23-017302-index-headers.html	Edgar Link	pending
0001628280-23-017302-index.html	Edgar Link	pending
0001628280-23-017302.txt	Edgar Link	pending
0001628280-23-017302-xbrl.zip	Edgar Link	pending
bioearthagreement.htm	Edgar Link	pending
bioearthagreement001.jpg	Edgar Link	pending
bioearthagreement002.jpg	Edgar Link	pending
bioearthagreement003.jpg	Edgar Link	pending
bioearthsharetransferagr.htm	Edgar Link	pending
bioearthsharetransferagr001.jpg	Edgar Link	pending
bioearthsharetransferagr002.jpg	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
krt-20230331.htm	Edgar Link	pending
krt-20230331.xsd	Edgar Link	pending
krt-20230331ex312cfo302cer.htm	Edgar Link	pending
krt20230331ex311ceo302cert.htm	Edgar Link	pending
krt20230331ex321ceo906cert.htm	Edgar Link	pending
krt20230331ex322cfo906cert.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
krt-20230331_cal.xml	Edgar Link	unprocessable
krt-20230331_def.xml	Edgar Link	unprocessable
krt-20230331_lab.xml	Edgar Link	unprocessable
krt-20230331_pre.xml	Edgar Link	unprocessable
krt-20230331_htm.xml	Edgar Link	completed
R24.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$KRT
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2023 Q2 Form 10-Q Financial Statement

#000162828023017302 Filed on May 10, 2023

Income Statement

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$KRT Karat Packaging Inc. Stock $krt

2023 Q2 Form 10-Q Financial Statement

#000162828023017302 Filed on May 10, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRT
Karat Packaging Inc. Stock $krt