For the year ending 2025-12-31, KRT has $287,686K in assets. $130,816K in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Total assets | 287,686 | |||
| Accounts payable-Variable Interest Entity Primary Beneficiary | 97 | |||
| Accounts payable-Nonrelated Party | 26,323 | |||
| Accrued expenses (including 535 and 489 associated with variable interest entity at december31, 2025 and december31, 2024, respectively)-Variable Interest Entity Primary Beneficiary | 535 | |||
| Accrued expenses (including 535 and 489 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 13,460 | |||
| Accounts payable-Related Party | 4,672 | |||
| Income taxes payable (including 0 and 3 associated with variable interest entity at december31, 2025 and december31, 2024, respectively)-Variable Interest Entity Primary Beneficiary | 0 | |||
| Income taxes payable (including 0 and 3 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 0 | |||
| Deferred revenue | 713 | |||
| Long Term Debt Current | 12,941 | |||
| Long-term debt, current portion (including 12,941 and 1,179 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 12,941 | |||
| Operating lease liabilities, current portion | 11,982 | |||
| Other current liabilities (including 49 and 916 associated with variable interest entity at december31, 2025 and december31, 2024, respectively)-Variable Interest Entity Primary Beneficiary | 49 | |||
| Other current liabilities (including 49 and 916 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 129 | |||
| Total current liabilities | 70,220 | |||
| Deferred tax liability | 2,936 | |||
| Long-term debt, net of current portion and debt discount of 78 and 141 at december31, 2025 and december31, 2024, respectively (including 22,862 and 47,279 associated with variable interest entity at december31, 2025 and december31, 2024, respectively, and debt discount of 78 and 141 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 22,862 | |||
| Operating lease liabilities, net of current portion | 32,074 | |||
| Other non-current liabilities (including 1,224 and 1,198 associated with variable interest entity at december31, 2025 and december31, 2024, respectively) | 2,724 | |||
| Total liabilities | 130,816 | |||
| Common stock, 0.001 par value, 100,000,000 shares authorized, 20,122,505 and 19,962,131 shares issued and outstanding, respectively, as of december31, 2025, and 20,059,505 and 20,036,505 shares issued and outstanding, respectively, as of december31, 2024 | 20 | |||
| Additional paid in capital | 90,939 | |||
| Treasury stock, 0.001 par value, 160,374 and 23,000 shares as of december31, 2025 and december31, 2024 respectively | 3,246 | |||
| Retained earnings | 61,704 | |||
| Total karat packaging inc. stockholders equity | 149,417 | |||
| Noncontrolling interest | 7,453 | |||
| Total stockholders equity | 156,870 | |||
| Total liabilities and stockholders equity | 287,686 | |||
Karat Packaging Inc. (KRT)
Karat Packaging Inc. (KRT)