Karat Packaging Inc.
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 14, 2025
KRT$36.51+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Stockholders' Equity
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Common Stock · Treasury Stock · Additional Paid-in Capital · Retained Earnings · Total Stockholders’ Equity Attributable to Karat Packaging Inc. · Noncontrolling Interest · Total Stockholders’ Equity | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||||||||||||
| Balance, January 1, 2023 | 19,908,005 | $20 | (23,000) | $(248) | $85,792 | $56,118 | $141,682 | $10,251 | $151,933 | |||||||||||
| Cash dividends declared ($1.05 per share) | — | — | — | — | — | (20,909) | (20,909) | — | (20,909) | |||||||||||
| Issuance of common stock upon vesting of restricted stock units | 73,617 | — | — | — | (18) | — | (18) | — | (18) | |||||||||||
| Stock-based compensation | — | — | — | — | 770 | — | 770 | — | 770 | |||||||||||
| Exercise of stock options | 6,860 | — | — | — | 123 | — | 123 | — | 123 | |||||||||||
| Distributions to shareholders, net of tax withholding | — | — | — | — | — | — | — | (2,295) | (2,295) | |||||||||||
| Noncontrolling interest tax withholding | — | — | — | — | — | — | — | (94) | (94) | |||||||||||
| Net income | — | — | — | — | — | 32,470 | 32,470 | 710 | 33,180 | |||||||||||
| Balance, December 31, 2023 | 19,988,482 | $20 | (23,000) | $(248) | $86,667 | $67,679 | $154,118 | $8,572 | $162,690 | |||||||||||
| Cash dividends declared ($1.55 per share) | — | — | — | — | — | (31,016) | (31,016) | — | (31,016) | |||||||||||
| Issuance of common stock upon vesting of restricted stock units | 31,550 | — | — | — | — | — | — | — | — | |||||||||||
| Stock-based compensation | — | — | — | — | 2,065 | — | 2,065 | — | 2,065 | |||||||||||
| Exercise of stock options | 39,473 | — | — | — | 725 | — | 725 | — | 725 | |||||||||||
| Global Wells noncontrolling membership interest redemption | — | — | — | — | — | (316) | (316) | (2,893) | (3,209) | |||||||||||
| Refund of Global Wells members' tax withholding payments | — | — | — | — | — | 18 | 18 | 102 | 120 | |||||||||||
| Net income | — | — | — | — | — | 29,975 | 29,975 | 849 | 30,824 | |||||||||||
| Balance, December 31, 2024 | 20,059,505 | $20 | (23,000) | $(248) | $89,457 | $66,340 | $155,569 | $6,630 | $162,199 | |||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.