HF Foods (HFFG) 10-Q 31 Jan 23 2022 Q1 Quarterly report Financial data

COVER

COVER - shares	3 Months Ended
	Mar. 31, 2022	Jan. 27, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-38180
Entity Registrant Name	HF FOODS GROUP INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	81-2717873
Entity Address, Address Line One	6325 South Rainbow Boulevard, Suite 420
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89118
City Area Code	888
Local Phone Number	905-0988
Title of 12(b) Security	Common Stock, $0.0001 par value
Trading Symbol	HFFG
Security Exchange Name	NASDAQ
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		53,706,392
Entity Central Index Key	0001680873
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash	$ 16,426	$ 14,792
Accounts receivable, net	43,320	36,281
Accounts receivable - related parties	918	249
Inventories	114,759	102,690
Other current assets	8,388	5,559
TOTAL CURRENT ASSETS	183,811	159,571
Property and equipment, net	147,244	145,908
Operating lease right-of-use assets	12,410	11,664
Long-term investments	2,685	2,462
Customer relationships, net	156,741	159,161
Trademarks and other intangibles, net	35,157	35,891
Goodwill	80,257	80,257
Other long-term assets	1,761	2,032
TOTAL ASSETS	620,066	596,946
CURRENT LIABILITIES
Checks issued not presented for payment	18,513	17,834
Line of credit	68,449	55,293
Accounts payable	57,220	57,745
Accounts payable - related parties	1,632	1,941
Current portion of long-term debt, net	5,339	5,557
Current portion of obligations under finance leases	2,382	2,274
Current portion of obligations under operating leases	2,958	2,482
Accrued expenses and other liabilities	15,358	12,138
TOTAL CURRENT LIABILITIES	171,851	155,264
Long-term debt, net of current portion	80,254	81,811
Promissory note payable - related party	4,500	4,500
Obligations under finance leases, non-current	11,795	11,676
Obligations under operating leases, non-current	9,533	9,251
Deferred tax liabilities	37,300	39,455
Lease guarantee liability, net of current portion	5,697	0
TOTAL LIABILITIES	320,930	301,957
Commitments and contingencies (Note 15)
SHAREHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, no shares issued and outstanding as of March 31, 2022 and December 31, 2021	0	0
Common stock, $0.0001 par value, 100,000,000 shares authorized, 53,706,392 shares issued and outstanding as of March 31, 2022 and December 31, 2021	5	5
Additional paid-in capital	597,517	597,227
Accumulated deficit	(303,170)	(306,284)
TOTAL SHAREHOLDERS' EQUITY ATTRIBUTABLE TO HF FOODS GROUP INC.	294,352	290,948
Noncontrolling interests	4,784	4,041
TOTAL SHAREHOLDERS’ EQUITY	299,136	294,989
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 620,066	$ 596,946

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	53,706,392	53,706,392
Common stock, outstanding (in shares)	53,706,392	53,706,392

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
TOTAL NET REVENUE	$ 278,215	$ 159,380
TOTAL COST OF REVENUE	227,488	129,952
GROSS PROFIT	50,727	29,428
Distribution, selling and administrative expenses	40,408	28,089
INCOME FROM OPERATIONS	10,319	1,339
Other expense (income)
Interest expense	1,278	902
Other income	(776)	(436)
Change in fair value of interest rate swap contracts	(358)	(1,431)
Lease guarantee expense	5,931	0
Total Other expense (income), net	6,075	(965)
INCOME BEFORE INCOME TAX PROVISION	4,244	2,304
Income tax provision	1,104	646
NET INCOME AND COMPREHENSIVE INCOME	3,140	1,658
Less: net income attributable to noncontrolling interests	26	300
NET INCOME AND COMPREHENSIVE INCOME ATTRIBUTABLE TO HF FOODS GROUP INC.	$ 3,114	$ 1,358
EARNINGS PER COMMON SHARE - BASIC (in dollars per share)	$ 0.06	$ 0.03
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share)	$ 0.06	$ 0.03
Weighted average shares - basic (in shares)	53,706,392	51,913,411
Weighted average shares - diluted (in shares)	53,884,510	51,913,411
Third Parties
TOTAL NET REVENUE	$ 276,151	$ 156,990
TOTAL COST OF REVENUE	225,633	127,639
Related Parties
TOTAL NET REVENUE	2,064	2,390
TOTAL COST OF REVENUE	$ 1,855	$ 2,313

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Total Shareholders’ Equity Attributable to HF Foods Group Inc.	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2020			51,913,411
Beginning Balance at Dec. 31, 2020	$ 263,522	$ 259,155	$ 5	$ 587,579	$ (328,429)	$ 4,367
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,658	1,358			1,358	300
Distribution to shareholders	(73)					(73)
Ending Balance (in shares) at Mar. 31, 2021			51,913,411
Ending Balance at Mar. 31, 2021	265,107	260,513	$ 5	587,579	(327,071)	4,594
Beginning Balance (in shares) at Dec. 31, 2021			53,706,392
Beginning Balance at Dec. 31, 2021	294,989	290,948	$ 5	597,227	(306,284)	4,041
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,140	3,114			3,114	26
Capital contributions by shareholders	806					806
Distribution to shareholders	(89)					(89)
Stock-based compensation	290	290		290
Ending Balance (in shares) at Mar. 31, 2022			53,706,392
Ending Balance at Mar. 31, 2022	$ 299,136	$ 294,352	$ 5	$ 597,517	$ (303,170)	$ 4,784

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net income	$ 3,140	$ 1,658
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	5,779	4,730
Gain from disposal of equipment	(65)	(4)
Provision for doubtful accounts	(12)	(83)
Deferred tax benefit	(2,154)	(487)
Income from equity method investment	(223)	(30)
Change in fair value of interest rate swap contracts	(358)	(1,431)
Stock-based compensation	290	0
Amortization of debt issuance and other debt-related costs	144	40
Non-cash lease expense	737	197
Lease guarantee expense	5,931	0
Other operating expense	79	0
Changes in operating assets and liabilities (excluding effects of acquisitions):
Accounts receivable	(7,026)	(5,406)
Accounts receivable - related parties	(669)	96
Inventories	(12,070)	2,665
Advances to suppliers - related parties	0	197
Other current assets	(2,758)	(774)
Other long-term assets	268	(87)
Accounts payable	16,805	8,654
Accounts payable - related parties	(309)	(313)
Operating lease liabilities	(715)	(178)
Accrued expenses and other liabilities	3,299	1,559
Net cash provided by operating activities	10,113	11,003
Cash flows from investing activities:
Purchase of property and equipment	(2,672)	(448)
Proceeds from disposal of equipment	79	8
Payment made for acquisition of Great Wall Group	(17,339)	0
Net cash used in investing activities	(19,932)	(440)
Cash flows from financing activities:
Checks issued not presented for payment	679	(4,400)
Proceeds from line of credit	281,616	155,898
Repayment of line of credit	(268,298)	(157,829)
Repayment of long-term debt	(1,475)	(1,477)
Payment of debt financing costs	(604)	0
Repayment of promissory note payable - related party	0	(500)
Repayment of obligations under finance leases	(616)	(508)
Proceeds from Noncontrolling Interests	240	0
Cash distribution to shareholders	(89)	(73)
Net cash provided by (used in) financing activities	11,453	(8,889)
Net increase in cash	1,634	1,674
Cash at beginning of the period	14,792	9,581
Cash at end of the period	16,426	11,255
Supplemental disclosure of cash flow data:
Cash paid for interest	927	726
Cash paid for income taxes	382	48
Supplemental disclosure of non-cash operating, investing and financing activities:
Right of use assets obtained in exchange for operating lease liabilities	1,483	1,410
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	815	8,367
Property and equipment purchases from notes payable	0	257
Intangible asset acquired in exchange of non-controlling interests	$ 566	$ 0

ORGANIZATION AND BUSINESS DESCR

ORGANIZATION AND BUSINESS DESCRIPTION	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS DESCRIPTION	NOTE 1 - ORGANIZATION AND BUSINESS DESCRIPTION Organization and General HF Foods Group Inc. and subsidiaries (collectively “HF Group”, or the “Company”) is an Asian foodservice distributor that markets and distributes fresh produce, seafood, frozen and dry food, and non-food products to primarily Asian restaurants and other foodservice customers throughout the United States. The Company's business consists of one operating segment, which is also its one reportable segment: HF Group, which operates solely in the United States. The Company's customer base consists primarily of Chinese and Asian restaurants, and it provides sales and service support to customers who mainly converse in Mandarin or Chinese dialects. On December 30, 2021, the Company completed the acquisition of Great Wall Seafood Supply, Inc., Great Wall Restaurant Supplier, Inc., and First Mart Inc. (collectively the “Great Wall Group”), and substantially all of the operating assets of the Great Wall Group’s seafood and restaurant products sales, marketing, and distribution businesses (the “Great Wall Acquisition”). The acquisition was completed as part of the Company’s strategy to develop a national footprint through expansion into the Midwest, Southwest and Southern regions of the United States. The total acquisition price for all operating assets and inventory was approximately $68.2 million. See Note 7 - Acquisitions for additional information on recent acquisitions. Independent Investigation Update In March 2020, an analyst report suggested certain improprieties in the Company’s operations. These allegations became the subject of two putative stockholder class action lawsuits which have subsequently been dismissed. In response to the allegations in the analyst report, the Company's Board of Directors appointed a Special Investigation Committee of Independent Directors (the “Special Investigation Committee”) to conduct an independent investigation with the assistance of independent legal counsel. As a result of the investigation, the SIC determined certain factual findings. Management evaluated the factual findings, as presented by the SIC, and analyzed them to determine which had impact on the historical financial statements, including disclosures, of the Company. In addition to the independent investigation, the Securities and Exchange Commission (“SEC”) initiated a formal, non-public investigation of the Company, and the SEC informally requested, and later issued a subpoena for, documents and other information. The subpoena relates to but is not necessarily limited to the matters identified in the class action lawsuits. The Special Investigation Committee and the Company are cooperating with the SEC. The SEC investigation is still ongoing. As with any SEC investigation, there is also the possibility of potential fines and penalties. At this time, however, there has not been any demand made by the SEC nor is it possible to estimate the amount of any such fines and penalties, should they occur. See Note 15 - Commitments and Contingencies

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information pursuant to the rules and regulations of the SEC and have been consistently applied. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These financial statements are condensed and should be read in conjunction with the audited financial statements and notes thereto for the fiscal years ended December 31, 2021 and 2020. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. The accompanying consolidated financial statements include the accounts of HF Group and certain variable interest entities for which the Company is the primary beneficiary. All intercompany balances and transactions have been eliminated in consolidation. For consolidated entities where we own or are exposed to less than 100% of the economics, the Company records net income (loss) attributable to noncontrolling interest in its consolidated statements of income equal to the percentage of the economic or ownership interest retained in such entity by the respective noncontrolling party. Variable Interest Entities GAAP provides guidance on the identification of VIEs and financial reporting for entities over which control is achieved through means other than voting interests. The Company evaluates each of its interests in an entity to determine whether or not the investee is a VIE and, if so, whether the Company is the primary beneficiary of such VIE. In determining whether the Company is the primary beneficiary, the Company considers if the Company (1) has power to direct the activities that most significantly affect the economic performance of the VIE, and (2) receives the economic benefits of the VIE that could be significant to the VIE. If deemed the primary beneficiary, the Company consolidates the VIE. Noncontrolling Interests GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of the Company’s condensed consolidated balance sheet. In addition, the amounts attributable to the net income of those subsidiaries are reported separately in the condensed consolidated statements of income and comprehensive income. As of March 31, 2022 and December 31, 2021, noncontrolling interest equity consisted of the following: ($ in thousands) Ownership of March 31, December 31, HF Foods Industrial, Inc. ("HFFI") 40.00% $ 689 $ 462 Min Food, Inc. 39.75% 1,450 1,363 Monterey Food Service, LLC 35.00% 452 453 Ocean West Food Services, LLC 32.50% 1,791 1,763 Syncglobal Inc. (a) 43.00% 402 — Total $ 4,784 $ 4,041 _______________ (a) During the three months ended March 31, 2022, the Company entered into a joint venture with Syncglobal Inc. contributing $0.6 million and acquiring developed technology. See Note 8 - Goodwill and Acquired Intangible Assets for additional information. Uses of Estimates The preparation of 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 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 consolidated financial statements include, but are not limited to, allowance for doubtful accounts, inventory reserves, useful lives of property and equipment, lease assumptions, impairment of long-lived assets, impairment of long-term investments, lease guarantee liability, impairment of goodwill, the purchase price allocation and fair value of assets and liabilities acquired with respect to business combinations, realization of deferred tax assets, uncertain income tax positions, the liability for self-insurance and stock-based compensation. Recent Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 (“ASU 2016-13”), Measurement of Credit Losses on Financial Instruments (Topic 326): Measurement of Credit Losses on Financial Instruments . ASU 2016-13 requires companies to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 was further amended in November 2019 in “Codification Improvements to Topic 326, Financial Instruments-Credit losses”. This guidance is effective for fiscal years beginning after December 15, 2019, including those interim periods within those fiscal years. For emerging growth companies, the effective date has been extended to fiscal years beginning after December 15, 2022. The Company will adopt this ASU within the annual reporting period ending as of December 31, 2022 with an effective date of January 1, 2022 because, as of December 31, 2022, the Company will no longer be an emerging growth company. The Company is currently assessing the impact of adopting this standard, but based upon its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers . The guidance requires an acquirer to, at the date of acquisition, recognize and measure the acquired contract assets and contract liabilities acquired in the same manner that they were recognized and measured in the acquiree's financial statements before the acquisition. This guidance is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. The amendments in this update should be applied prospectively to business combinations occurring on or after the effective date. The Company is in the process of assessing the impact of this ASU on its future consolidated financial statements, but does not expect it to have a material impact.

VARIABLE INTERST ENTITIES

VARIABLE INTERST ENTITIES	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES	NOTE 3 - VARIABLE INTEREST ENTITIES The Company has three VIEs for which the Company is not the primary beneficiary and therefore does not consolidate, and 14 VIEs for which the Company was the primary beneficiary and consolidates. The VIEs are summarized as follows noting which VIE's the Company no longer has transactions with in 2022: • Unconsolidated VIEs (collectively "Unconsolidated VIEs"): • Revolution Industry, LLC (“Revolution Industry”) – Supplier of goods (until March 2021) • UGO USA, Inc. (“UGO”) – Supplier of online goods, customer, and lessee (until April 2021) • AnHeart, Inc. ("AnHeart") • Consolidated VIEs (collectively "Consolidated VIEs"): • FUSO Trucking LLC ("FUSO") • 13 staffing agencies (collectively, the “Staffing Agencies”) – Suppliers of staffing services through 2021: • Anfu, Inc. • Anshun, Inc. • Chen Enterprises (until December 2020) • Georgia Kam (until December 2020) • Inchoi, Inc. • Malways, Inc. • Rousafe • S&P • SNP • Suntone • THLI, Inc. (until December 2020) • THLR, Inc. (until December 2020) • TWRR, Inc. (until December 2020) Consolidated VIEs FUSO FUSO was established solely to provide exclusive trucking services to the Company. The entity lacks sufficient equity to finance its activities without additional subordinated financial support from the Company, and the Company has the power to direct the VIEs’ activities. In addition, the Company receives the economic benefits from the entity and has concluded that the Company is the primary beneficiary. The carrying amounts of the assets, liabilities, the results of operations and cash flows of the VIE included in the Company’s consolidated balance sheets, statements of income and comprehensive income (loss) and statements of cash flows are immaterial. Staffing Agencies The Staffing Agencies were set up by an employee of the Company, or their relatives, and provided temporary labor services exclusively to the Company at the direction of the Company. There were no other substantive business activities of the Staffing Agencies. There were immaterial assets held, immaterial liabilities owed by the Staffing Agencies and immaterial equity. The Company has determined it was the primary beneficiary for the Staffing Agencies through December 31, 2021 as it controlled how and when the labor force would be utilized. The Company did not have any guarantees, commitments or other forms of financing to the Staffing Agencies. Beginning January 1, 2022, the Company no longer has involvement with any of the Staffing Agencies. Unconsolidated VIEs Revolution Industry and UGO Revolution Industry was established to produce egg roll mix for the Company. UGO was originally designed to be an online marketplace for various Asian goods. Revolution Industry and UGO were thinly capitalized and were not able to finance their activities without additional subordinated support. The former Co-CEO's (Mr. Ni) son, as sole equity holder of Revolution Industry, had unilateral control over the ongoing activities of Revolution Industry and significantly benefited from their operations. Therefore, the Company is not the primary beneficiary for Revolution Industry. The former Co-CEO (Mr. Ni) and his niece, as equity holders, had unilateral control over the ongoing activities of UGO and significantly benefited from its operations. Therefore, the Company is not the primary beneficiary for UGO. Revolution Industry and UGO are also related parties and were generally the Company’s suppliers or customers and the Company did not have other involvement with these entities. Therefore, the Company’s exposure to loss due to its involvement with these entities was limited to amounts due from these entities. The Company did not have any guarantees, commitments, or other forms of financing with these entities. All transactions with Revolution Industry and UGO ceased in 2021, therefore, these entities are no longer considered VIEs as of March 31, 2022. Related party transactions, such as purchases of goods and services, with Revolution Industry and UGO are disclosed in Note 13 - Related Party Transactions . AnHeart AnHeart, Inc. was previously a subsidiary of the Company designed to sell traditional Chinese medicine, sold to a third-party in February 2019. As discussed in Note 15 - Commitments and Contingencies, after the sale, the Company continued to provide a guarantee for all rent and related costs associated with two leases of AnHeart in Manhattan, New York. The Company reassessed its relationship with AnHeart and determined that AnHeart was a VIE as a result of the guarantee. However, the Company concluded it was not the primary beneficiary of AnHeart because it does not have the power to direct the activities of AnHeart that most significantly impact AnHeart's economic performance. Therefore, the Company is not the primary beneficiary for AnHeart. Please refer to Note 15 - Commitments and Contingencies

REVENUE

REVENUE	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
REVENUE	NOTE 4 - REVENUE The Company recognizes revenue from the sale of products when control of each product passes to the customer and the customer accepts the goods, which occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. The Company follows ASC Topic 606 ("ASC 606") , Revenue from Contracts with Customers . The Company recognizes revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This requires the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfer to a customer. The Company’s contracts contain performance obligations which are satisfied when customers have physical possession of each product. The Company’s revenue streams are recognized at a specific point in time. For the three months ended March 31, 2022 and 2021, revenue recognized from performance obligations related to prior periods was immaterial. Revenue expected to be recognized in any future periods related to remaining performance obligations is immaterial. The following table presents the Company's net revenue disaggregated by principal product categories: Three Months Ended March 31, ($ in thousands) 2022 2021 Asian Specialty $ 74,676 27 % $ 50,480 32 % Commodity 15,926 5 % 12,133 7 % Fresh Produce 29,879 11 % 21,593 14 % Meat and Poultry 60,915 22 % 38,048 24 % Packaging and Other 22,013 8 % 15,134 9 % Seafood 74,806 27 % 21,992 14 % Total $ 278,215 100 % $ 159,380 100 %

BALANCE SHEET COMPONENTS

BALANCE SHEET COMPONENTS	3 Months Ended
	Mar. 31, 2022
Balance Sheet Components [Abstract]
BALANCE SHEET COMPONENTS	NOTE 5 - BALANCE SHEET COMPONENTS Accounts receivable, net consisted of the following: (In thousands) March 31, 2022 December 31, 2021 Accounts receivable $ 44,147 $ 37,121 Less: allowance for doubtful accounts (827) (840) Accounts receivable, net $ 43,320 $ 36,281 Movement of allowance for doubtful accounts is as follows: Three Months Ended March 31, (In thousands) 2022 2021 Beginning balance $ 840 $ 909 Increase (decrease) in provision for doubtful accounts (12) (83) Less: write off / (recovery) (1) 4 Ending balance $ 827 $ 830 Long-term investments consisted of the following: ($ in thousands) Ownership as of March 31, March 31, 2022 December 31, 2021 Asahi Food, Inc. 49% $ 885 $ 662 Pt. Tamron Akuatik Produk Industri ("Tamron") 12% 1,800 1,800 Total $ 2,685 $ 2,462 The investment in Tamron is accounted for using the measurement alternative under ASC Topic 321 (“ASC 321”), Investments – Equity Securities , which is measured at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments, if any. The investment in Asahi Food, Inc. is accounted for under the equity method due to the fact that the Company has significant influence but does not exercise control over this investee. The Company determined there was no impairment as of March 31, 2022 and December 31, 2021 for these investments. Property and equipment, net consisted of the following: (In thousands) March 31, 2022 December 31, 2021 Automobiles $ 32,069 $ 31,577 Buildings 76,547 68,998 Building improvements 11,477 19,004 Furniture and fixtures 384 211 Land 51,412 51,412 Machinery and equipment 16,432 14,114 Total property and equipment at cost 188,321 185,316 Less: accumulated depreciation (41,077) (39,408) Property and equipment, net $ 147,244 $ 145,908 Depreciation expense was $2.2 million and $2.0 million for the three months ended March 31, 2022 and 2021, respectively.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 6 - FAIR VALUE OF FINANCIAL INSTRUMENTS The Company follows the provisions of ASC Topic 820 ("ASC 820"), Fair Value Measurements and Disclosures . ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: • Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. • Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. • Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions about what assumptions market participants would use in pricing the asset or liability based on the best available information. Any transfers of assets or liabilities between Level 1, Level 2, and Level 3 of the fair value hierarchy will be recognized at the end of the reporting period in which the transfer occurs. There were no transfers between fair value levels in any of the periods presented herein. The carrying amounts reported in the unaudited condensed consolidated balance sheets for cash, accounts receivable, other current assets, accounts payable, checks issued not presented for payment and accrued expenses and other liabilities approximate their fair value based on the short-term maturity of these instruments. The carrying value of the variable rate debt approximates its fair value because of the variability of interest rates associated with these instruments. For the Company's fixed rate debt, the fair values were estimated using discounted cash flow analyses, based on the current incremental borrowing rates for similar types of borrowing arrangements. As of March 31, 2022, the carrying value of the fixed rate debt, which includes the Company's promissory note payable to related party, was $14.5 million and the fair value was $10.5 million. As of December 31, 2021, the carrying value of the fixed rate debt, which included the Company's promissory note payable to related party, was $15.0 million and the fair value was $12.2 million. The variable and fixed rate debt are both classified as Level 2. Please refer to Note 10 - Debt and Note 13 - Related Party Transactions for additional information regarding the Company's debt. Of the $14.5 million of fixed rate debt as of March 31, 2022, $4.5 million is related to the Company’s promissory note payable to related party, $2.4 million is attributable to real estate term loans with East West Bank, $2.5 million is attributable to vehicle and equipment term loans with Bank of America, $4.5 million is attributable to loans with First Horizon Bank, and $0.6 million is attributable to vehicle loans with other financial institutions. Of the $15.0 million of fixed rate debt as of December 31, 2021, $4.5 million is related to the Company’s promissory note payable to related party, $2.5 million is attributable to real estate term loans with East West Bank, $2.7 million is attributable to vehicle and equipment term loans with Bank of America, $4.5 million is attributable to loans with First Horizon Bank, and $0.8 million is attributable to vehicle loans with other financial institutions. Please refer to Note 9 - Derivative Financial Instruments for additional information regarding the fair value of the Company's derivative financial instruments which are classified as Level 2.

ACQUISITONS

ACQUISITONS	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITONS	NOTE 7 - ACQUISITIONS On December 30, 2021, the Company executed an Asset Purchase Agreement with Great Wall Seafood Supply Inc., a Texas Corporation; Great Wall Restaurant Supplier Inc., an Ohio Corporation, and First Mart Inc., an Illinois Corporation (collectively the “Great Wall Group”) to purchase substantially all of the operating assets of the Great Wall Group’s seafood and restaurant products sales, marketing, and distribution businesses (the “Great Wall Acquisition”). The acquisition was completed as part of the Company’s strategy to develop a national footprint through expansion into the Midwest, Southwest and Southern regions of the United States. The final aggregate price for the purchased assets was $43.7 million with $30.8 million paid in cash at closing and the issuance of 1,792,981 shares of common stock of the Company (based on a 60-day VWAP of $7.36), with a fair value of $12.9 million based on the share price of $8.11 per share at closing and an 11.5% discount due to a lock-up restriction. In addition to the closing cash payment, the Company separately acquired all of the Sellers’ saleable product inventory of approximately $24.3 million (fair value of $24.7 million) of which approximately $6.8 million was paid during the year ended December 31, 2021 and $17.4 million was recorded in accounts payable on the consolidated balance sheets as of December 31, 2021. The Company also acquired additional vehicles for approximately $0.2 million. As such, the total acquisition price for all operating assets and inventory was approximately $68.2 million. During the three months ended March 31, 2022, the Company paid the $17.4 million to acquire the remaining saleable product inventory. The Company accounted for this transaction under ASC 805, Business Combinations, by applying the acquisition method of accounting and established a new basis of accounting on the date of acquisition. The assets acquired by the Company were measured at their estimated fair values as of the date of acquisition. Goodwill is calculated as the excess of the purchase price over the net assets recognized and represent synergies and benefits expected as a result from combining operations with an emerging national presence. The transaction costs for the acquisition were reflected in distribution, selling and administrative expenses in the condensed consolidated statement of income and comprehensive income (loss) and totaled $1.3 million, $0.4 million for the three months ended March 31, 2022 and $0.9 million for the year ended December 31, 2021. The information included herein has been prepared based on the allocation of the purchase price using estimates of the fair value of assets acquired and liabilities assumed which were determined using a combination of quoted market prices, discounted cash flows, and other estimates made by management. Purchase Price Allocation The total consideration paid to acquire the assets and liabilities of the Great Wall Group is as set forth below: (In thousands) Amount Inventory $ 24,728 Property plant, and equipment 1,537 Intangible assets 30,145 Total assets acquired 56,410 Goodwill 11,745 Total consideration $ 68,155 The Company recorded acquired intangible assets of $30.1 million, including tradenames and trademarks of $10.5 million, customer relationships of $17.2 million and non-compete agreements of $2.4 million. The fair value of customer relationships was determined by applying the income approach utilizing the excess earnings methodology using Level 3 inputs including a discount rate. The fair value of tradenames and trademarks was determined by applying the income approach utilizing the relief from royalty methodology and Level 3 inputs including a royalty rate of 1% and a discount rate. The fair value of non-competition agreements was determined by applying the income approach using Level 3 inputs including a discount rate. Discount rates used in determining fair values for customer relationships, tradenames and trademarks, and non-competition agreements ranged from 11.5% to 14.0%. The useful lives of the tradenames and trademarks are ten years, customer relationships are ten years and non-compete agreements are three years, with a weighted average amortization period of approximately nine years. The associated goodwill is deductible for tax purposes. See Note 8 - Goodwill and Acquired Intangible Assets for additional information on acquired intangibles in the Great Wall Acquisition. Unaudited Supplemental Pro Forma Financial Information The following table presents the Company’s unaudited pro forma results for the three months ended March 31, 2021, as if the Great Wall Acquisition had been consummated on January 1, 2021. The unaudited pro forma financial information presented includes the effects of adjustments related to the amortization of acquired intangible assets and excludes synergies and other non-recurring transaction costs directly associated with the acquisition such as legal and other professional service fees. Statutory rates were used to calculate income taxes. Accordingly, the unaudited pro forma information does not necessarily reflect the actual results that would have occurred, nor is it necessarily indicative of future results of operations. (In thousands) Three Months Ended March 31, 2022 Pro forma net revenue $ 199,791 Pro forma net income $ 1,378 Pro forma net income attributable to HF Group $ 1,078 Sealand Acquisition Subsequent to March 31, 2022, on April 29, 2022, the Company completed the acquisition of substantially all of the operating assets of Sealand Food, Inc. ("Sealand") including equipment, machinery and vehicles. The acquisition was completed to expand the Company's territory along the East Coast, from Massachusetts to Florida, as well as Pennsylvania, West Virginia, Ohio, Kentucky, and Tennessee. The price for the purchased assets was $20.0 million paid in cash at closing. In addition to the closing cash payment, the Company separately acquired all of the Sellers' saleable product inventory for approximately $14.4 million and additional fixed assets for approximately $0.5 million. The Company is in the process of finalizing its purchase accounting, which relates to the valuation of acquired inventory and intangible assets, which may impact the valuation of goodwill. The Company accounted for this transaction under ASC 805, Business Combinations, by applying the acquisition method of accounting and established a new basis of accounting on the date of acquisition. The assets acquired by the Company were measured at their estimated fair values as of the date of acquisition. Goodwill is calculated as the excess of the purchase price over the net assets recognized and represent synergies and benefits expected as a result from combining operations with an emerging national presence. The information included herein has been prepared based on the allocation of the purchase price using estimates of the fair value of assets acquired and liabilities assumed which were determined using a combination of quoted market prices, discounted cash flows, and other estimates made by management. The purchase price allocation is subject to further adjustment until all pertinent information regarding the assets and liabilities acquired are fully evaluated by the Company, not to exceed one year as permitted under ASC 805 . Preliminary Purchase Price Allocation The Company has performed an allocation of the total consideration paid to acquire the assets and liabilities of Sealand, as set forth below: (In thousands) Amount Inventory $ 13,846 Property plant, and equipment 1,424 Right-of-use assets 127 Intangible assets 14,717 Total assets acquired 30,114 Obligations under operating leases 127 Total liabilities assumed 127 Net assets 29,987 Goodwill 4,861 Total consideration $ 34,848 The Company recorded acquired intangible assets of $14.7 million, which were measured at fair value using Level 3 inputs. These intangible assets include tradenames and trademarks of $4.4 million, customer relationships of $8.9 million and non-compete agreements of $1.4 million. The fair value of customer relationships was determined by applying the income approach utilizing the excess earnings methodology and Level 3 inputs including a discount rate. The fair value of tradenames and trademarks was determined by applying the income approach utilizing the relief from royalty methodology and Level 3 inputs including a royalty rate of 1% and a discount rate.

GOODWILL AND ACQUIRED INTANGIBL

GOODWILL AND ACQUIRED INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND ACQUIRED INTANGIBLE ASSETS	NOTE 8 - GOODWILL AND ACQUIRED INTANGIBLE ASSETS Goodwill Goodwill was $80.3 million as of March 31, 2022 and December 31, 2021. There was no change in the carrying amount of goodwill for the three months ended March 31, 2022. Acquired Intangible Assets The components of the intangible assets are presented below: March 31, 2022 December 31, 2021 (In thousands) Gross Accumulated Net Gross Accumulated Net Non-competition $ 2,407 $ (201) $ 2,206 $ 2,407 $ — $ 2,407 Tradenames 39,883 (7,346) 32,537 39,833 (6,349) 33,484 Customer relationships 176,408 (19,667) 156,741 176,408 (17,247) 159,161 Developed technology 439 (25) 414 — — — Total $ 219,137 $ (27,239) $ 191,898 $ 218,648 $ (23,596) $ 195,052

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 9 - DERIVATIVE FINANCIAL INSTRUMENTS The Company utilizes interest rate swaps ("IRS") contracts for the sole purpose of mitigating interest rate fluctuation risk associated with floating rate debt instruments (as defined in Note 10 - Debt ). The Company does not use any other derivative financial instruments for trading or speculative purposes. On August 20, 2019, HF Group entered into two IRS contracts with East West Bank (the "EWB IRS") for initial notional amounts of $1.1 million and $2.6 million, respectively. The EWB IRS contracts were entered into in conjunction with two mortgage term loans of corresponding amounts that were priced at USD 1-month LIBOR (London Interbank Offering Rate) plus 2.25% per annum for the entire duration of the term loans. The EWB IRS contracts fixed the two term loans at 4.23% per annum until maturity in September 2029. On December 19, 2019, HF Group entered into an IRS contract with Bank of America (the "BOA IRS") for an initial notional amount of $2.7 million in conjunction with a newly contracted mortgage term loan of corresponding amount. The term loan was contracted at USD 1-month LIBOR plus 2.15% per annum, but was fixed at 4.25% per annum resulting from the corresponding BOA IRS contract. On December 19, 2021, the Company entered into the Second Amendment to Loan Agreement, which pegged the mortgage term loan to SOFR (Secured Overnight Financing Rate) + 2.5%. The BOA IRS was modified accordingly to fix the SOFR based loan to approximately 4.50%. The term loan and corresponding BOA IRS contract mature in December 2029. On June 24, 2020, HF Group entered into a forward starting IRS contract with J.P. Morgan Chase Bank (the "JPM IRS") for a fixed $80.0 million notional amount, effective from June 30, 2021 and expiring on June 30, 2025, as a means to partially hedge its existing floating rate loans exposure. On March 3, 2021, the Company unwound the JPM IRS. The contract was unwound with a view that 1-month LIBOR will continue to remain low in the foreseeable future despite the spike at the long end of the yield curve. The Company recorded a gain of approximately $0.7 million in the three months ended March 31, 2021. The Company evaluated the above mentioned interest rate swap contracts currently in place and did not designate those as cash flow hedges. Hence, the fair value change on the aforementioned interest rate swap contracts are accounted for and recognized as a change in fair value of interest rate swap contracts in the unaudited condensed consolidated statements of income and comprehensive income (loss). As of March 31, 2022, the Company determined that the fair value of the IRS contracts in an asset position was $0.1 million, which is included in other current assets in the unaudited condensed consolidated balance sheets. As of December 31, 2021, the Company determined that the fair value of the interest rate swap contracts in a liability position was $0.3 million, which is included in accrued expenses and other liabilities in the unaudited condensed consolidated balance sheets. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible, as well as consider counterparty credit risk in its assessment of fair value. The IRS are classified as Level 2 in the fair value hierarchy.

DEBT

DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
DEBT	NOTE 10 - DEBT On November 4, 2019, the Company entered into a credit agreement with J.P. Morgan Chase Bank (the “JPM Credit Agreement”). The JPM Credit Agreement provides for a $100.0 million asset-secured revolving credit facility maturing on November 4, 2022, with an option to renew at the bank’s discretion. On January 17, 2020, the Company and certain of its wholly-owned subsidiaries and affiliates of the Company as borrowers, and certain material subsidiaries of the Company as guarantors, entered into the Second Amended and Restated Credit Agreement (the "Second Amended Credit Agreement"). On December 31, 2021, the Company entered into the Consent, Waiver, Joinder and Amendment No. 3 to the Second Amended Credit Agreement with JP Morgan, as Administrative Agent, and certain lender parties thereto including Comerica Bank. The Second Amended Credit Agreement, provided for (i) a $100.0 million asset-secured revolving credit facility maturing on November 4, 2022 (the “Revolving Facility”), (ii) a mortgage-secured term loan of $75.6 million (the "Term Loan"), and (iii) amendment to the referenced interest rate from 1-month LIBOR to 1-month Secured Overnight Financing Rate (“SOFR”) plus a credit adjustment of 0.1% (difference between LIBOR and SOFR plus 1.375% per annum). The existing revolving credit facility balance under the Second Amended Credit Agreement, was rolled over to the Revolving Facility on December 30, 2021. On the same day, the Company utilized an additional $33.3 million drawdown from the Revolving Facility to fund the Great Wall Acquisition. The Second Amended Credit Agreement, as amended, contains certain financial covenants, including, but not limited to, a fixed charge coverage ratio and effective tangible net worth. On March 31, 2022, the Company amended the JPM Credit Agreement extending the Revolver Facility for five years. The amendment provides for a $100.0 million asset-secured revolving credit facility with a 1-month SOFR plus a credit adjustment of 0.1% plus 1.375% per annum as well as an increase in the Term Loan from $69.0 million to $115.0 million with a 1-month SOFR plus a credit adjustment of 0.1% plus 1.875% per annum, (the "2022 Credit Agreement"). In connection with the amendment, the Company incurred $0.6 million in financing fees, of which $0.5 million will be amortized over the life of the respective facilities. Additionally, $0.1 million of the unamortized financing fees related to the Revolving Facility has been deferred and will be amortized over the life of the Revolving Facility. As of March 31, 2022, the Company had not received the Term Loan funds, as such, it did not record the $46.0 million increase on its unaudited condensed consolidated balance sheet. As of March 31, 2022, the Company was in compliance with its covenants. Subsequent to March 31, 2022, the Company's lenders consented to the delivery of the Company's 2021 audited financial statements on or before January 31, 2023. The outstanding principal balance on the line of credit as of March 31, 2022 was $68.4 million. Long-Term Debt Long-term debt at March 31, 2022 and December 31, 2021 is as follows: (in thousands) Bank Name Maturity Interest Rate as of March 31, 2022 March 31, 2022 December 31, 2021 Bank of America (a) May 2022 - December 2029 3.73% — 5.80% $ 4,906 $ 5,134 East West Bank (b) August 2027 - September 2029 4.25% — 4.40% 5,945 5,994 First Horizon Bank (c) October 2027 3.85% 4,519 4,571 J.P. Morgan Chase (d) February 2023 - January 2030 2.17% — 2.21% 69,929 70,866 Other finance institutions (e) July 2022 - March 2024 3.90% — 7.53% 627 838 Total debt, principal amount 85,926 87,403 Debt issuance costs (333) (35) Total debt, carrying value 85,593 87,368 Less: current portion (5,339) (5,557) Long-term debt $ 80,254 $ 81,811 _______________ (a) Loan balance consists of real estate term loan, equipment term loans, and vehicle term loans, collateralized by one real property and specific equipment and vehicles. The real estate term is pegged to TERM SOFR + 2.5%. (b) Real estate term loans with East West Bank are collateralized by four real properties. Balloon payments of $2.2 million and $2.9 million are due at maturity in 2027 and 2029, respectively. (c) Secured by real property. Balloon payment for this debt is $3.1 million at maturity. (d) Real estate term loan with a principal balance of $69.0 million as of March 31, 2022 and $69.8 million as of December 31, 2021 is secured by assets held by the Company and has a maturity date of January 2030. Equipment term loan with a principal balance of $0.9 million as of March 31, 2022 and $1.0 million as of December 31, 2021 is secured by specific vehicles and equipment as defined in loan agreements. (e) Secured by vehicles. The terms of the various loan agreements related to long-term bank borrowings require the Company to comply with certain financial covenants, including, but not limited to, a fixed charge coverage ratio and effective tangible net worth. As of March 31, 2022 and December 31, 2021, the Company was in compliance with its covenants. Subsequent to March 31, 2022, the Company's lenders consented to the delivery of the Company's 2021 audited financial statements on or before January 31, 2023.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 11 - EARNINGS PER SHARE The Company computes earnings per share (“EPS”) in accordance with ASC Topic 260 (“ASC 260”), Earnings per Share . ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS, but presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options, warrants and restricted stock) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. There were 14,381 potential common shares related to total shareholder return performance-based restricted stock units that were excluded from the calculation of diluted EPS for the three months ended March 31, 2022 because their effect would have been anti-dilutive. There were no anti-dilutive potential common shares for the three months ended March 31, 2021 . The following table sets forth the computation of basic and diluted EPS: Three Months Ended March 31, (In thousands, except shares and per share data) 2022 2021 Numerator: Net income attributable to HF Foods Group Inc. $ 3,114 $ 1,358 Denominator: Weighted-average common shares outstanding 53,706,392 51,913,411 Effect of dilutive securities 178,118 — Weighted-average dilutive shares outstanding 53,884,510 51,913,411 Earnings per common share: Basic $ 0.06 $ 0.03 Diluted $ 0.06 $ 0.03

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 12 - INCOME TAXES The determination of the Company’s overall effective income tax rate requires the use of estimates. The effective income tax rate reflects the income earned and taxed in U.S. federal and various state jurisdictions based on enacted tax law, permanent differences between book and tax items, tax credits and the Company’s change in relative income in each jurisdiction. Changes in tax laws and rates may affect recorded deferred tax assets and liabilities and the Company’s effective income tax rate in the future. The Company has no operations outside the U.S., as such, no foreign income tax was recorded.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13 - RELATED PARTY TRANSACTIONS The Company makes regular purchases from and sales to various related parties. Related party affiliations were attributed to transactions conducted between the Company and those business entities partially or wholly owned by the Company, the Company's officers and/or shareholders who owned no less than 10% shareholdings of the Company. Mr. Zhou Min Ni ("Mr. Ni"), the Company's former Co-Chief Executive Officer, resigned from all of his official posts on February 23, 2021. Mr. Ni and his immediate family members are treated as related parties for purposes of this report because Mr. Ni is a principal holder of the Company's securities. North Carolina Good Taste Noodle, Inc. ("NC Noodle") is a related party due to Mr. Jian Ming Ni's, a former Chief Financial Officer of the Company, continued ownership interest in NC Noodle. Revolution Industry and UGO, are also considered Unconsolidated VIEs as discussed further in Note 3 – Variable Interest Entities . The related party transactions as of March 31, 2022 and December 31, 2021 and for the three months ended March 31, 2022 and 2021 are identified as follows: Related Party Sales and Purchases Transactions The Company makes regular sales to and purchases from various related parties. a. Purchase - related parties Below is a summary of purchases of goods and services from related parties recorded for the three months ended March 31, 2022 and 2021, respectively: Three Months Ended March 31, (In thousands) Nature 2022 2021 (a) Best Food Services, LLC Trade 2,945 990 (b) Eastern Fresh NJ LLC Trade 1,093 1,495 (c) Enson Group, Inc. (formerly "Enson Group, LLC") Trade — 52 (d) First Choice Seafood, Inc. Trade 83 83 (e) Fujian RongFeng Plastic Co., Ltd. Trade 398 800 (f) Han Feng Information Technology (Jinhua) Inc. Service — 42 (g) North Carolina Good Taste Noodle, Inc. Trade 1,658 1,325 (h) Ocean Pacific Seafood Group Inc. Trade 136 131 (i) Revolution Industry, LLC Trade — 259 (j) UGO USA Inc. Trade — 242 Other Trade 32 42 Total $ 6,345 $ 5,461 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to three Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) Mr. Ni owns an equity interest in this entity. (c) Mr. Ni owns an equity interest in this entity. (d) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (f) Mr. Ni owns an equity interest in this entity. (g) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity. (h) Mr. Ni owns an equity interest in this entity. (i) Raymond Ni, one of Mr. Ni’s family members, owns an equity interest in this entity. On February 25, 2021, Han Feng executed an asset purchase agreement to acquire the machinery and equipment of Revolution Industry, LLC ("RIL"). Han Feng has acquired substantially all of the operating assets used or held for use in such business operation for the amount of $250,000 plus the original wholesale purchase value of all verified, useable cabbage and egg roll mix inventory of RIL. Advances due from RIL at the time of transaction were an offset to the purchase price paid to RIL. Going forward, Han Feng has taken the egg roll production business in house and ceased its vendor relationship with RIL. (j) Mr. Ni owns an equity interest in this entity. Services rendered by Hanfeng (Fujian) Information Technology Co. Ltd. relate to outsourced sales call center services. Fees for services are based on a percentage of sales generated as defined in the agreement. From time to time such services are subcontracted to Hanfeng Information Technologies (Jinhua), Inc. b. Sales - related parties Below is a summary of sales to related parties recorded for the three months ended March 31, 2022 and 2021, respectively: Three Months Ended March 31, (In thousands) 2022 2021 (a) ABC Food Trading, LLC $ 1,192 $ 714 (b) Asahi Food, Inc. 181 118 (c) Best Food Services, LLC 645 74 (d) Eagle Food Service, LLC — 1,009 (e) Eastern Fresh NJ LLC — 23 (f) Enson Group, Inc. (formerly "Enson Group, LLC") — 27 (g) First Choice Seafood Inc 10 75 (h) Fortune One Foods, Inc. — 92 (i) Heng Feng Food Services, Inc. — 40 (j) N&F Logistics, Inc. 36 207 Other — 11 Total $ 2,064 $ 2,390 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) The Company, through its subsidiary MF, owns an equity interest in this entity. (c) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (d) Tina Ni, one of Mr. Ni’s family members, owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity. (f) Mr. Ni owns an equity interest in this entity. (g) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (h) Mr. Ni owns an equity interest in this entity. (i) Mr. Ni owns an equity interest in this entity. (j) Mr. Ni owns an equity interest in this entity. c. Lease agreements - related parties The Company leases various facilities to related parties. The Company leased a facility to UGO USA Inc. under an operating lease agreement which was mutually terminated by both parties effective April 1, 2021. No rental income was recorded for the three months ended March 31, 2022. Rental income was $7,000 for the three months ended March 31, 2021, which is included in other income in the unaudited condensed consolidated statements of income and comprehensive income. The Company leased a facility to iUnited Services, LLC ("iUnited"), which has been determined to be a related party due to the equity ownership interest in iUnited of Mr. Jian Ming Ni, the Company's former Chief Financial Officer. The lease agreement was terminated in connection with the sale of the facility on November 3, 2021. The building and related land was sold to iUnited for $1.5 million and a gain of $0.8 million. Rental income for the three months ended March 31, 2021 was $15,000, which is included in other income in the consolidated statements of income and comprehensive income. The Company leased a production area to Revolution Industry, LLC under a month-to-month lease agreement. This lease agreement was terminated as a result of the asset purchase agreement executed on February 25, 2021. No rental income was recorded for the three months ended March 31, 2022. Rental income was $6,000 for the three months ended March 31, 2021, which is included in other income in the unaudited condensed consolidated statements of income and comprehensive income. The Company leases a warehouse to Enson Seafood GA Inc. (formerly “GA-GW Seafood, Inc.”) under an operating lease agreement expiring on September 21, 2027. Rental income for the three months ended March 31, 2022 and 2021 was $80,000 and $120,000, respectively, which is included in other income in the unaudited condensed consolidated statements of income and comprehensive income. Subsequent to March 31, 2022, on May 18, 2022, the Company sold the warehouse to Enson Seafood GA Inc. for approximately $7.2 million, recognized a gain of $1.5 million and used a portion of the proceeds to pay the outstanding balance of the Company's $4.5 million loan with First Horizon Bank. In 2020, the Company renewed a warehouse lease from Yoan Chang Trading Inc. ("Yoan") under an operating lease agreement expiring on December 31, 2020. In February 2021, the Company executed a new 5-year operating lease agreement with Yoan effective January 1, 2021 and expiring on December 31, 2025. Rent incurred was $72,000 and $77,000 for the three months ended March 31, 2022 and 2021, respectively, and is included in distribution, selling and administrative expenses in the unaudited condensed consolidated statements of income and comprehensive income. Related Party Balances a. Accounts receivable - related parties, net Below is a summary of accounts receivable with related parties recorded as of March 31, 2022 and December 31, 2021, respectively: (In thousands) March 31, 2022 December 31, 2021 (a) ABC Food Trading, LLC $ 404 $ 76 (b) Asahi Food, Inc. 225 72 (c) Best Food Services, LLC 282 1 (d) Eagle Food Service, LLC — 16 (e) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 5 24 (f) Fortune One Foods, Inc. — 24 (g) Heng Feng Food Services, Inc. — 18 (h) North Carolina Good Taste Noodle, Inc. — 15 Other 2 3 Total $ 918 $ 249 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) The Company, through its subsidiary MF, owns an equity interest in this entity. (c) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (d) Tina Ni, one of Mr. Ni’s family members, owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity. (f) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (g) Mr. Ni owns an equity interest in this entity. (h) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity. All accounts receivable from these related parties are current and considered fully collectible. No allowance is deemed necessary as of March 31, 2022 and December 31, 2021. b. Accounts payable - related parties, net All the accounts payable to related parties are payable upon demand without interest. Below is a summary of accounts payable with related parties recorded as of March 31, 2022 and December 31, 2021, respectively: (In thousands) March 31, 2022 December 31, 2021 (a) Best Food Services, LLC $ 896 $ 699 (b) Eastern Fresh NJ, LLC 61 581 (c) First Choice Seafood Inc 22 36 (d) Fujian RongFeng Plastic Co., Ltd 27 20 (e) North Carolina Good Taste Noodle, Inc. 622 595 Other 4 10 Total $ 1,632 $ 1,941 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) Mr. Ni owns an equity interest in this entity. (c) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (d) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (e) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity. c. Advances to suppliers - related parties, net The Company periodically provides purchase advances to various vendors, including the related party suppliers. There were no advances to related party suppliers recorded as of March 31, 2022 and December 31, 2021. d. Promissory note payable - related party The Company issued a $7.0 million Unsecured Subordinated Promissory Note to BRGR (a related party via ownership by certain shareholders of the Company, and a former VIE through 2020) in January 2020 as part of the payment for the acquisition of BRGR. The note matures in January 2030 and carries a fixed interest rate of 6% per annum. There is no requirement to make principal repayments until maturity. There is no prepayment penalty should the Company elect to prepay the principal prior to maturity, subject to meeting certain repayment provisions as defined in the JPM Credit Agreement. As of March 31, 2022, the outstanding balance was $4.5 million and there was no accrued interest payable. No principal payment was made for the three months ended March 31, 2022 and 2021. Interest payments paid were $68,000 and $101,000 for the three months ended March 31, 2022 and 2021, respectively. Subsequent to March 31, 2022, during the three months ended June 30, 2022, the Company paid the remaining $4.5 million of its related party promissory note payable.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	NOTE 14 - STOCK-BASED COMPENSATION In July 2021, the Company began issuing awards under the HF Foods Group Inc. 2018 Omnibus Equity Incentive Plan (the “2018 Incentive Plan”), which reserves up to 3,000,000 shares of the Company's common stock for issuance of awards to employees, non-employee directors and consultants. As of March 31, 2022, the Company had 356,340 time-based vesting restricted stock units (“RSUs”) outstanding, 143,277 performance-based restricted stock units (“PSUs”) outstanding, and 2,500,383 shares remaining available for future awards under the 2018 Incentive Plan. For the three months ended March 31, 2022, stock-based compensation expense was $0.3 million and was included in distribution, selling and administrative expenses in the Company's unaudited condensed consolidated statements of income and comprehensive income. No stock-based compensation expense was recognized for three months ended March 31, 2021. As of March 31, 2022, there was $1.7 million of total unrecognized compensation cost related to all non-vested outstanding RSUs and PSUs outstanding under the 2018 Incentive Plan, with a weighted average remaining service period of 2.16 years.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 15 - COMMITMENTS AND CONTINGENCIES From time to time, the Company is a party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of business. When the Company becomes aware of a claim or potential claim, it assesses the likelihood of any loss or exposure. In accordance with authoritative guidance, the Company records loss contingencies in its financial statements only for matters in which losses are probable and can be reasonably estimated. Where a range of loss can be reasonably estimated with no best estimate in the range, the Company records the minimum estimated liability. If the loss is not probable or the amount of the loss cannot be reasonably estimated, the Company discloses the nature of the specific claim if the likelihood of a potential loss is reasonably possible and the amount involved is material. The Company continuously assesses the potential liability related to the Company’s pending litigation and revises its estimates when additional information becomes available. Adverse outcomes in some or all of these matters may result in significant monetary damages or injunctive relief against us that could adversely affect our ability to conduct our business. There also exists the possibility of a material adverse effect on our financial statements for the period in which the effect of an unfavorable outcome becomes probable and reasonably estimable. On May 20, 2022, the Board of Directors of HF Group received a letter from a purported stockholder, James Bishop (the “Bishop Demand”). The Bishop Demand alleges that certain current and former officers and directors of HF Group engaged in misconduct and breached their fiduciary duties, and demands that HF Group investigate the allegations and, if warranted, assert claims against those current or former officers and directors. Many of the allegations contained in the Bishop Demand were the subject of a shareholder derivative action that Bishop filed in August 2020 (the “Bishop Derivative Action”). On November 24, 2021, after the United States District Court for the Central District of California dismissed with prejudice a related securities class action, captioned Mendoza v. HF Foods Group Inc. et al., the Bishop Derivative Action was voluntarily dismissed without prejudice. On June 30, 2022, the Board of Directors of HF Group resolved to form a special committee (the “Special Litigation Committee”) comprised of independent directors and advised by counsel to analyze and evaluate the allegations in the Bishop Demand in order to determine whether the Company should assert any claims against the current or former officers and directors. On August 19, 2022, James Bishop filed a verified stockholder derivative complaint in the Court of Chancery of the State of Delaware (the “Delaware Action”), which asserts similar allegations to those set forth in the Bishop Demand. On September 21, 2022, Bishop and the Company filed a stipulation to stay the Delaware Action for 90 days, which the court granted on September 22, 2022. On December 20, 2022, Bishop and the Company filed a stipulation to extend the stay of the Delaware Action for an additional 60 days, which the court granted on December 21, 2022. The Special Litigation Committee is in the process of analyzing and evaluating the claims alleged in the Bishop Demand and Delaware Action, and has not determined whether any claims should be asserted or the probability of recovery for such claims. In addition, the SEC initiated a formal, non-public investigation of the Company, and the SEC informally requested, and later issued a subpoena for, documents and other information. The subpoena relates to but is not necessarily limited to the matters identified in the two putative class actions which were subsequently dismissed. The Special Investigation Committee and the Company are cooperating with the SEC. While the SEC investigation is ongoing, the Special Investigation Committee has made certain factual findings based on evidence adduced during the investigation and made recommendations to management regarding improvements to Company operations and structure, including but not limited to its dealings with related parties. The Company is working to implement those improvements. See the Company's 2021 Annual Report for additional information on the findings of the Special Investigation Committee. As with any SEC investigation, there is also the possibility of potential fines and penalties. At this time, however, there has not been any demand made by the SEC nor is it possible to estimate the amount of any such fines and penalties should they occur. AnHeart Lease Guarantee As discussed in Note 3 - Variable Interest Entities , the Company provided a guarantee for two separate leases for two properties located in Manhattan, New York, at 273 Fifth Avenue and 275 Fifth Avenue, for 30 years and 15 years, respectively. On February 10, 2021, the Company entered into an Assignment and Assumption of Lease Agreement (“Assignment”), dated effective as of January 21, 2021, with AnHeart and Premier 273 Fifth, LLC, pursuant to which it assumed the lease of the premises at 273 Fifth Avenue (the “273 Lease Agreement”). At the same time, the closing documents were delivered to effectuate the amendment of the 273 Lease Agreement pursuant to an Amendment to Lease (the “Lease Amendment”). The Assignment and the Lease Amendment were negotiated in light of the Company’s guarantee obligations as guarantor under the 273 Lease Agreement. The Company agreed to observe all the covenants and conditions of the Lease Agreement, as amended, including the payment of all rents due. Under the terms of the 273 Lease Agreement and the Assignment, the Company has undertaken to construct, at its own expense, a building on the premises at a minimum cost of $2.5 million. The Lease Amendment permits subletting of the premises, and the Company intends to sublease the newly constructed premises to defray the rental expense undertaken pursuant to its guaranty obligations. On January 17, 2022, the Company received notice that AnHeart had defaulted on its obligations as tenant under the lease for 275 Fifth Avenue. On February 7, 2022, the Company undertook its guaranty obligations by assuming responsibility for payment of monthly rent and other tenant obligations, including past due rent as well as property tax obligations beginning with the January 2022 rent due. On February 25, 2022, the Company instituted a legal action to pursue legal remedies against AnHeart and Minsheng. In March 2022, the Company agreed to stay litigation against AnHeart in exchange for AnHeart's payment of certain back rent from January to April 2022 and its continued partial payment of monthly rent. While the case remains pending in New York, the Company is not actively litigating the claim. In accordance with ASC 460, Guarantees , the Company has determined that its maximum exposure resulting from the 275 Fifth Avenue lease guarantee includes future minimum lease payments plus potential additional payments to satisfy maintenance, property tax and insurance requirements under the leases with a remaining term of approximately 11 years. The Company elected a policy to apply the discounted cash flow method to loss contingencies with more than 18 months of payments. During the three months ended March 31, 2022, the Company recorded a one-time lease guarantee liability of $5.9 million, The Company determined the discounted value of the lease guarantee liability was $5.9 million as of March 31, 2022 using a discount rate of 4.55% and is classified as Level 2 in the fair value hierarchy. The current portion of the lease guarantee liability of $0.3 million is recorded in Accrued expenses and other liabilities on the condensed consolidated balance sheet. The Company's monthly rental payments, which commenced during the three months ended March 31, 2022, range from approximately $42,000 per month to $63,000 per month, with the final payment due in 2034. The estimated future minimum lease payments as of March 31, 2022 are presented below: (In thousands) Amount Year Ending December 31, 2022 (remaining nine months) $ 381 2023 543 2024 582 2025 604 2026 621 Thereafter 5,116 Total 7,847 Less: Imputed interest (1,905) Total $ 5,942

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16 - SUBSEQUENT EVENTS See Note 7 - Acquisitions , regarding the Sealand Acquisition, Note 10 - Debt , regarding the amendment of the Company's JPM Credit Agreement as well as a waiver, and Note 13 - Related Party Transactions , regarding the related party promissory note payable as well as the Company's related party sale of a warehouse for subsequent events.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with GAAP for interim financial information pursuant to the rules and regulations of the SEC and have been consistently applied. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These financial statements are condensed and should be read in conjunction with the audited financial statements and notes thereto for the fiscal years ended December 31, 2021 and 2020. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.
Noncontrolling Interests	Noncontrolling Interests GAAP requires that noncontrolling interests in subsidiaries and affiliates be reported in the equity section of the Company’s condensed consolidated balance sheet. In addition, the amounts attributable to the net income of those subsidiaries are reported separately in the condensed consolidated statements of income and comprehensive income.
Use of Estimates	Uses of Estimates The preparation of 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 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 consolidated financial statements include, but are not limited to, allowance for doubtful accounts, inventory reserves, useful lives of property and equipment, lease assumptions, impairment of long-lived assets, impairment of long-term investments, lease guarantee liability, impairment of goodwill, the purchase price allocation and fair value of assets and liabilities acquired with respect to business combinations, realization of deferred tax assets, uncertain income tax positions, the liability for self-insurance and stock-based compensation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 (“ASU 2016-13”), Measurement of Credit Losses on Financial Instruments (Topic 326): Measurement of Credit Losses on Financial Instruments . ASU 2016-13 requires companies to measure credit losses utilizing a methodology that reflects expected credit losses and requires a consideration of a broader range of reasonable and supportable information to inform credit loss estimates. ASU 2016-13 was further amended in November 2019 in “Codification Improvements to Topic 326, Financial Instruments-Credit losses”. This guidance is effective for fiscal years beginning after December 15, 2019, including those interim periods within those fiscal years. For emerging growth companies, the effective date has been extended to fiscal years beginning after December 15, 2022. The Company will adopt this ASU within the annual reporting period ending as of December 31, 2022 with an effective date of January 1, 2022 because, as of December 31, 2022, the Company will no longer be an emerging growth company. The Company is currently assessing the impact of adopting this standard, but based upon its preliminary assessment, does not expect the adoption of this guidance to have a material impact on its consolidated financial statements. In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers . The guidance requires an acquirer to, at the date of acquisition, recognize and measure the acquired contract assets and contract liabilities acquired in the same manner that they were recognized and measured in the acquiree's financial statements before the acquisition. This guidance is effective for interim and annual periods beginning after December 15, 2022, with early adoption permitted. The amendments in this update should be applied prospectively to business combinations occurring on or after the effective date. The Company is in the process of assessing the impact of this ASU on its future consolidated financial statements, but does not expect it to have a material impact.
Revenue Recognition	The Company recognizes revenue from the sale of products when control of each product passes to the customer and the customer accepts the goods, which occurs at delivery. Sales taxes invoiced to customers and remitted to government authorities are excluded from net sales. The Company follows ASC Topic 606 ("ASC 606") , Revenue from Contracts with Customers . The Company recognizes revenue that represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. This requires the Company to identify contractual performance obligations and determine whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfer to a customer. The Company’s contracts contain performance obligations which are satisfied when customers have physical possession of each product. The Company’s revenue streams are recognized at a specific point in time.
Fair Value of Financial Instruments	The Company follows the provisions of ASC Topic 820 ("ASC 820"), Fair Value Measurements and Disclosures . ASC 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: • Level 1 - Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. • Level 2 - Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. • Level 3 - Inputs are unobservable inputs which reflect the reporting entity’s own assumptions about what assumptions market participants would use in pricing the asset or liability based on the best available information. Any transfers of assets or liabilities between Level 1, Level 2, and Level 3 of the fair value hierarchy will be recognized at the end of the reporting period in which the transfer occurs. There were no transfers between fair value levels in any of the periods presented herein. The carrying amounts reported in the unaudited condensed consolidated balance sheets for cash, accounts receivable, other current assets, accounts payable, checks issued not presented for payment and accrued expenses and other liabilities approximate their fair value based on the short-term maturity of these instruments. The carrying value of the variable rate debt approximates its fair value because of the variability of interest rates associated with these instruments. For the Company's fixed rate debt, the fair values were estimated using discounted cash flow analyses, based on the current incremental borrowing rates for similar types of borrowing arrangements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule of Noncontrolling Interest	As of March 31, 2022 and December 31, 2021, noncontrolling interest equity consisted of the following: ($ in thousands) Ownership of March 31, December 31, HF Foods Industrial, Inc. ("HFFI") 40.00% $ 689 $ 462 Min Food, Inc. 39.75% 1,450 1,363 Monterey Food Service, LLC 35.00% 452 453 Ocean West Food Services, LLC 32.50% 1,791 1,763 Syncglobal Inc. (a) 43.00% 402 — Total $ 4,784 $ 4,041 _______________ (a) During the three months ended March 31, 2022, the Company entered into a joint venture with Syncglobal Inc. contributing $0.6 million and acquiring developed technology. See Note 8 - Goodwill and Acquired Intangible Assets for additional information.

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table presents the Company's net revenue disaggregated by principal product categories: Three Months Ended March 31, ($ in thousands) 2022 2021 Asian Specialty $ 74,676 27 % $ 50,480 32 % Commodity 15,926 5 % 12,133 7 % Fresh Produce 29,879 11 % 21,593 14 % Meat and Poultry 60,915 22 % 38,048 24 % Packaging and Other 22,013 8 % 15,134 9 % Seafood 74,806 27 % 21,992 14 % Total $ 278,215 100 % $ 159,380 100 %

BALANCE SHEET COMPONENTS (Table

BALANCE SHEET COMPONENTS (Tables)	3 Months Ended
	Mar. 31, 2022
Balance Sheet Components [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Accounts receivable, net consisted of the following: (In thousands) March 31, 2022 December 31, 2021 Accounts receivable $ 44,147 $ 37,121 Less: allowance for doubtful accounts (827) (840) Accounts receivable, net $ 43,320 $ 36,281
Financing Receivable, Allowance for Credit Loss	Movement of allowance for doubtful accounts is as follows: Three Months Ended March 31, (In thousands) 2022 2021 Beginning balance $ 840 $ 909 Increase (decrease) in provision for doubtful accounts (12) (83) Less: write off / (recovery) (1) 4 Ending balance $ 827 $ 830
Schedule of Long-term Investments	Long-term investments consisted of the following: ($ in thousands) Ownership as of March 31, March 31, 2022 December 31, 2021 Asahi Food, Inc. 49% $ 885 $ 662 Pt. Tamron Akuatik Produk Industri ("Tamron") 12% 1,800 1,800 Total $ 2,685 $ 2,462
Schedule of Property and Equipment	Property and equipment, net consisted of the following: (In thousands) March 31, 2022 December 31, 2021 Automobiles $ 32,069 $ 31,577 Buildings 76,547 68,998 Building improvements 11,477 19,004 Furniture and fixtures 384 211 Land 51,412 51,412 Machinery and equipment 16,432 14,114 Total property and equipment at cost 188,321 185,316 Less: accumulated depreciation (41,077) (39,408) Property and equipment, net $ 147,244 $ 145,908

ACQUISITONS (Tables)

ACQUISITONS (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The total consideration paid to acquire the assets and liabilities of the Great Wall Group is as set forth below: (In thousands) Amount Inventory $ 24,728 Property plant, and equipment 1,537 Intangible assets 30,145 Total assets acquired 56,410 Goodwill 11,745 Total consideration $ 68,155 The Company has performed an allocation of the total consideration paid to acquire the assets and liabilities of Sealand, as set forth below: (In thousands) Amount Inventory $ 13,846 Property plant, and equipment 1,424 Right-of-use assets 127 Intangible assets 14,717 Total assets acquired 30,114 Obligations under operating leases 127 Total liabilities assumed 127 Net assets 29,987 Goodwill 4,861 Total consideration $ 34,848
Schedule of Pro Forma Information	The following table presents the Company’s unaudited pro forma results for the three months ended March 31, 2021, as if the Great Wall Acquisition had been consummated on January 1, 2021. The unaudited pro forma financial information presented includes the effects of adjustments related to the amortization of acquired intangible assets and excludes synergies and other non-recurring transaction costs directly associated with the acquisition such as legal and other professional service fees. Statutory rates were used to calculate income taxes. Accordingly, the unaudited pro forma information does not necessarily reflect the actual results that would have occurred, nor is it necessarily indicative of future results of operations. (In thousands) Three Months Ended March 31, 2022 Pro forma net revenue $ 199,791 Pro forma net income $ 1,378 Pro forma net income attributable to HF Group $ 1,078

GOODWILL AND ACQUIRED INTANGI_2

GOODWILL AND ACQUIRED INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The components of the intangible assets are presented below: March 31, 2022 December 31, 2021 (In thousands) Gross Accumulated Net Gross Accumulated Net Non-competition $ 2,407 $ (201) $ 2,206 $ 2,407 $ — $ 2,407 Tradenames 39,883 (7,346) 32,537 39,833 (6,349) 33,484 Customer relationships 176,408 (19,667) 156,741 176,408 (17,247) 159,161 Developed technology 439 (25) 414 — — — Total $ 219,137 $ (27,239) $ 191,898 $ 218,648 $ (23,596) $ 195,052

DEBT (Tables)

DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt at March 31, 2022 and December 31, 2021 is as follows: (in thousands) Bank Name Maturity Interest Rate as of March 31, 2022 March 31, 2022 December 31, 2021 Bank of America (a) May 2022 - December 2029 3.73% — 5.80% $ 4,906 $ 5,134 East West Bank (b) August 2027 - September 2029 4.25% — 4.40% 5,945 5,994 First Horizon Bank (c) October 2027 3.85% 4,519 4,571 J.P. Morgan Chase (d) February 2023 - January 2030 2.17% — 2.21% 69,929 70,866 Other finance institutions (e) July 2022 - March 2024 3.90% — 7.53% 627 838 Total debt, principal amount 85,926 87,403 Debt issuance costs (333) (35) Total debt, carrying value 85,593 87,368 Less: current portion (5,339) (5,557) Long-term debt $ 80,254 $ 81,811 _______________ (a) Loan balance consists of real estate term loan, equipment term loans, and vehicle term loans, collateralized by one real property and specific equipment and vehicles. The real estate term is pegged to TERM SOFR + 2.5%. (b) Real estate term loans with East West Bank are collateralized by four real properties. Balloon payments of $2.2 million and $2.9 million are due at maturity in 2027 and 2029, respectively. (c) Secured by real property. Balloon payment for this debt is $3.1 million at maturity. (d) Real estate term loan with a principal balance of $69.0 million as of March 31, 2022 and $69.8 million as of December 31, 2021 is secured by assets held by the Company and has a maturity date of January 2030. Equipment term loan with a principal balance of $0.9 million as of March 31, 2022 and $1.0 million as of December 31, 2021 is secured by specific vehicles and equipment as defined in loan agreements. (e) Secured by vehicles.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the computation of basic and diluted EPS: Three Months Ended March 31, (In thousands, except shares and per share data) 2022 2021 Numerator: Net income attributable to HF Foods Group Inc. $ 3,114 $ 1,358 Denominator: Weighted-average common shares outstanding 53,706,392 51,913,411 Effect of dilutive securities 178,118 — Weighted-average dilutive shares outstanding 53,884,510 51,913,411 Earnings per common share: Basic $ 0.06 $ 0.03 Diluted $ 0.06 $ 0.03

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Schedule of Purchases With Related Parties	Below is a summary of purchases of goods and services from related parties recorded for the three months ended March 31, 2022 and 2021, respectively: Three Months Ended March 31, (In thousands) Nature 2022 2021 (a) Best Food Services, LLC Trade 2,945 990 (b) Eastern Fresh NJ LLC Trade 1,093 1,495 (c) Enson Group, Inc. (formerly "Enson Group, LLC") Trade — 52 (d) First Choice Seafood, Inc. Trade 83 83 (e) Fujian RongFeng Plastic Co., Ltd. Trade 398 800 (f) Han Feng Information Technology (Jinhua) Inc. Service — 42 (g) North Carolina Good Taste Noodle, Inc. Trade 1,658 1,325 (h) Ocean Pacific Seafood Group Inc. Trade 136 131 (i) Revolution Industry, LLC Trade — 259 (j) UGO USA Inc. Trade — 242 Other Trade 32 42 Total $ 6,345 $ 5,461 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to three Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) Mr. Ni owns an equity interest in this entity. (c) Mr. Ni owns an equity interest in this entity. (d) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (f) Mr. Ni owns an equity interest in this entity. (g) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity. (h) Mr. Ni owns an equity interest in this entity. (i) Raymond Ni, one of Mr. Ni’s family members, owns an equity interest in this entity. On February 25, 2021, Han Feng executed an asset purchase agreement to acquire the machinery and equipment of Revolution Industry, LLC ("RIL"). Han Feng has acquired substantially all of the operating assets used or held for use in such business operation for the amount of $250,000 plus the original wholesale purchase value of all verified, useable cabbage and egg roll mix inventory of RIL. Advances due from RIL at the time of transaction were an offset to the purchase price paid to RIL. Going forward, Han Feng has taken the egg roll production business in house and ceased its vendor relationship with RIL. (j) Mr. Ni owns an equity interest in this entity.
Schedule of Revenue With Related Parties	Below is a summary of sales to related parties recorded for the three months ended March 31, 2022 and 2021, respectively: Three Months Ended March 31, (In thousands) 2022 2021 (a) ABC Food Trading, LLC $ 1,192 $ 714 (b) Asahi Food, Inc. 181 118 (c) Best Food Services, LLC 645 74 (d) Eagle Food Service, LLC — 1,009 (e) Eastern Fresh NJ LLC — 23 (f) Enson Group, Inc. (formerly "Enson Group, LLC") — 27 (g) First Choice Seafood Inc 10 75 (h) Fortune One Foods, Inc. — 92 (i) Heng Feng Food Services, Inc. — 40 (j) N&F Logistics, Inc. 36 207 Other — 11 Total $ 2,064 $ 2,390 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) The Company, through its subsidiary MF, owns an equity interest in this entity. (c) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (d) Tina Ni, one of Mr. Ni’s family members, owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity. (f) Mr. Ni owns an equity interest in this entity. (g) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (h) Mr. Ni owns an equity interest in this entity. (i) Mr. Ni owns an equity interest in this entity. (j) Mr. Ni owns an equity interest in this entity.
Schedule of Accounts Receivable With Related Parties	Below is a summary of accounts receivable with related parties recorded as of March 31, 2022 and December 31, 2021, respectively: (In thousands) March 31, 2022 December 31, 2021 (a) ABC Food Trading, LLC $ 404 $ 76 (b) Asahi Food, Inc. 225 72 (c) Best Food Services, LLC 282 1 (d) Eagle Food Service, LLC — 16 (e) Enson Seafood GA, Inc. (formerly “GA-GW Seafood, Inc.”) 5 24 (f) Fortune One Foods, Inc. — 24 (g) Heng Feng Food Services, Inc. — 18 (h) North Carolina Good Taste Noodle, Inc. — 15 Other 2 3 Total $ 918 $ 249 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) The Company, through its subsidiary MF, owns an equity interest in this entity. (c) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (d) Tina Ni, one of Mr. Ni’s family members, owns an equity interest in this entity indirectly through its parent company. (e) Mr. Ni owns an equity interest in this entity. (f) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (g) Mr. Ni owns an equity interest in this entity. (h) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity.
Schedule of Accounts Payable With Related Parties	Below is a summary of accounts payable with related parties recorded as of March 31, 2022 and December 31, 2021, respectively: (In thousands) March 31, 2022 December 31, 2021 (a) Best Food Services, LLC $ 896 $ 699 (b) Eastern Fresh NJ, LLC 61 581 (c) First Choice Seafood Inc 22 36 (d) Fujian RongFeng Plastic Co., Ltd 27 20 (e) North Carolina Good Taste Noodle, Inc. 622 595 Other 4 10 Total $ 1,632 $ 1,941 _______________ (a) Mr. Zhang previously owned an equity interest in this entity indirectly through its parent company as of October 31, 2020. This equity interest was transferred to 3 Irrevocable Trusts for the benefit of Mr. Zhang's children effective November 1, 2020. (b) Mr. Ni owns an equity interest in this entity. (c) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (d) Mr. Ni owns an equity interest in this entity indirectly through its parent company. (e) Mr. Jian Ming Ni, former Chief Financial Officer owns an equity interest in this entity.

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Operating Lease Maturities	The estimated future minimum lease payments as of March 31, 2022 are presented below: (In thousands) Amount Year Ending December 31, 2022 (remaining nine months) $ 381 2023 543 2024 582 2025 604 2026 621 Thereafter 5,116 Total 7,847 Less: Imputed interest (1,905) Total $ 5,942

ORGANIZATION AND BUSINESS DES_2

ORGANIZATION AND BUSINESS DESCRIPTION (Details) $ in Thousands			3 Months Ended
	Dec. 30, 2021 USD ($) shares	Mar. 29, 2020 lawsuit	Mar. 31, 2022 segment
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of operating segments | segment			1
Number of reportable segments | segment			1
Putative Class Action
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
New claims filed, number | lawsuit		2
Great Wall Asset Purchase Agreement
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Equity interest issued in business acquisition (in shares) | shares	1,792,981
Purchase consideration | $	$ 43,700
Acquisition price for all assets and inventory | $	$ 68,155

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Noncontrolling Interest [Line Items]
Noncontrolling interests	$ 4,784		$ 4,041
Purchases - related parties	$ 6,345	$ 5,461
HF Foods Industrial, Inc. ("HFFI")
Noncontrolling Interest [Line Items]
Ownership of Noncontrolling Interest	40%
Noncontrolling interests	$ 689		462
Min Food, Inc.
Noncontrolling Interest [Line Items]
Ownership of Noncontrolling Interest	39.75%
Noncontrolling interests	$ 1,450		1,363
Monterey Food Service, LLC
Noncontrolling Interest [Line Items]
Ownership of Noncontrolling Interest	35%
Noncontrolling interests	$ 452		453
Ocean West Food Services, LLC
Noncontrolling Interest [Line Items]
Ownership of Noncontrolling Interest	32.50%
Noncontrolling interests	$ 1,791		1,763
Syncglobal Inc. (a)
Noncontrolling Interest [Line Items]
Ownership of Noncontrolling Interest	43%
Noncontrolling interests	$ 402		$ 0
Syncglobal Inc. (a) | Joint Venture
Noncontrolling Interest [Line Items]
Purchases - related parties	$ 600

VARIABLE INTEREST ENTITIES Narr

VARIABLE INTEREST ENTITIES Narrative (Details)	3 Months Ended
	Mar. 31, 2022 entity agency
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VIE - not primary beneficiary	3
VIE - primary beneficiary	14
VIE - staffing agencies | agency	13

REVENUE - Disaggregation of Rev

REVENUE - Disaggregation of Revenue by Geographic Locations (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 278,215	$ 159,380
Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	100%	100%
Asian Specialty
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 74,676	$ 50,480
Asian Specialty | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	27%	32%
Commodity
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 15,926	$ 12,133
Commodity | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	5%	7%
Fresh Produce
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 29,879	$ 21,593
Fresh Produce | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	11%	14%
Meat and Poultry
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 60,915	$ 38,048
Meat and Poultry | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	22%	24%
Packaging and Other
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 22,013	$ 15,134
Packaging and Other | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	8%	9%
Seafood
Revenues from External Customers and Long-Lived Assets [Line Items]
TOTAL NET REVENUE	$ 74,806	$ 21,992
Seafood | Revenue Benchmark | Product Concentration Risk
Revenues from External Customers and Long-Lived Assets [Line Items]
Operating concentration risk (percentage)	27%	14%

BALANCE SHEET COMPONENTS - Acco

BALANCE SHEET COMPONENTS - Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Balance Sheet Components [Abstract]
Accounts receivable	$ 44,147	$ 37,121
Less: allowance for doubtful accounts	(827)	(840)	$ (830)	$ (909)
Accounts receivable, net	$ 43,320	$ 36,281

BALANCE SHEET COMPONENTS - Allo

BALANCE SHEET COMPONENTS - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounts Receivable, Allowance for Credit Loss
Beginning balance	$ 840	$ 909
Increase (decrease) in provision for doubtful accounts	(12)	(83)
Less: write off/ (recovery)	(1)	4
Ending balance	$ 827	$ 830

BALANCE SHEET COMPONENTS - Long

BALANCE SHEET COMPONENTS - Long-term Investments (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Total	$ 2,685,000	$ 2,462,000
Other than temporary impairment	$ 0	0
Asahi Food, Inc.
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	49%
Total	$ 885,000	662,000
Pt. Tamron Akuatik Produk Industri ("Tramron")
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage	12%
Total	$ 1,800,000	$ 1,800,000

BALANCE SHEET COMPONENTS - Prop

BALANCE SHEET COMPONENTS - Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	$ 188,321		$ 185,316
Less: accumulated depreciation	(41,077)		(39,408)
Property and equipment, net	147,244		145,908
Depreciation expense	2,200	$ 2,000
Automobiles
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	32,069		31,577
Buildings
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	76,547		68,998
Building improvements
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	11,477		19,004
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	384		211
Land
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	51,412		51,412
Machinery and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment at cost	$ 16,432		$ 14,114

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	$ 85,593	$ 87,368
Mortgages [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	2,400	2,500
Fixed Rate Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	14,500	15,000
Related Party Promissory Note | Notes Payable, Other Payables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	4,500	4,500
Loans with First Horizon Bank | Notes Payable to Banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	4,500	4,500
Vehicle Loans | Notes Payable to Banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	600	800
Vehicle and Equipment Term Loans | Notes Payable to Banks
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt, carrying value	2,500	2,700
Carrying amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	14,500	12,200
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	$ 10,500	$ 15,000

ACQUISITONS - Narrative (Detail

ACQUISITONS - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended		12 Months Ended	15 Months Ended
	Apr. 29, 2022	Dec. 30, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Mar. 31, 2022
Business Acquisition [Line Items]
Payment made for acquisition of Great Wall Group			$ 17,339	$ 0
Great Wall Asset Purchase Agreement
Business Acquisition [Line Items]
Consideration transferred		$ 43,700
Payment made for acquisition of Great Wall Group		$ 30,800	17,400
Equity interest issued in business acquisition (in shares)		1,792,981
Business acquisition, shares issued valuation		$ 12,900
Share price (in dollars per share)		$ 8.11
Discount due to a lock-up restriction		11.50%
Inventory		$ 24,728
Payment to acquire saleable product inventory					$ 6,800
Inventory purchases from Great Wall Acquisition in accounts payable		17,400
Vehicles acquired		200
Acquisition price for all assets and inventory		68,155
Business acquisition costs			$ 400		$ 900	$ 1,300
Intangible assets		$ 30,145
Acquired finite-lived intangible assets, weighted average useful life (in years)		9 years
Product inventory		$ 24,300
Great Wall Asset Purchase Agreement | Trademarks and Trade Names
Business Acquisition [Line Items]
Intangible assets		$ 10,500
Acquired finite-lived intangible assets, weighted average useful life (in years)		10 years
Great Wall Asset Purchase Agreement | Non-competition agreement
Business Acquisition [Line Items]
Intangible assets		$ 2,400
Acquired finite-lived intangible assets, weighted average useful life (in years)		3 years
Great Wall Asset Purchase Agreement | Customer relationships
Business Acquisition [Line Items]
Intangible assets		$ 17,200
Acquired finite-lived intangible assets, weighted average useful life (in years)		10 years
Sealand Food, Inc. | Subsequent Event
Business Acquisition [Line Items]
Payment made for acquisition of Great Wall Group	$ 20,000
Inventory	13,846
Acquisition price for all assets and inventory	34,848
Right-of-use assets	127
Intangible assets	$ 14,717
Acquired finite-lived intangible assets, weighted average useful life (in years)	9 years
Product inventory	$ 14,400
Additional fixed assets	500
Sealand Food, Inc. | Trademarks and Trade Names | Subsequent Event
Business Acquisition [Line Items]
Intangible assets	$ 4,400
Finite-lived intangible asset, useful life (in years)	10 years
Sealand Food, Inc. | Non Compete Agreements | Subsequent Event
Business Acquisition [Line Items]
Intangible assets	$ 1,400
Finite-lived intangible asset, useful life (in years)	3 years
Sealand Food, Inc. | Customer relationships | Subsequent Event
Business Acquisition [Line Items]
Intangible assets	$ 8,900
Finite-lived intangible asset, useful life (in years)	10 years
Sealand Food Inc Asset Purchase Agreement | Subsequent Event | Fair Value, Inputs, Level 3
Business Acquisition [Line Items]
Intangible assets	$ 14,700

ACQUISITONS - Pro Forma Informa

ACQUISITONS - Pro Forma Information Great Wall (Details) - Great Wall Asset Purchase Agreement $ in Thousands	3 Months Ended
	Mar. 31, 2021 USD ($)
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Pro forma net revenue	$ 199,791
Pro forma net income	1,378
Pro forma net income attributable to HF Group	$ 1,078

ACQUISITONS - Assets Acquired a

ACQUISITONS - Assets Acquired and Liabilities Assumed Great Wall (Details) - USD ($) $ in Thousands	Apr. 29, 2022	Mar. 31, 2022	Dec. 31, 2021	Dec. 30, 2021
Business Acquisition [Line Items]
Goodwill		$ 80,257	$ 80,257
Great Wall Asset Purchase Agreement
Business Acquisition [Line Items]
Inventory				$ 24,728
Property plant, and equipment				1,537
Intangible assets				30,145
Total assets acquired				56,410
Goodwill				11,745
Total consideration				$ 68,155
Sealand Food, Inc. | Subsequent Event
Business Acquisition [Line Items]
Inventory	$ 13,846
Property plant, and equipment	1,424
Right-of-use assets	127
Intangible assets	14,717
Total assets acquired	30,114
Obligations under operating leases	127
Total liabilities assumed	127
Net assets	29,987
Goodwill	4,861
Total consideration	$ 34,848

GOODWILL AND ACQUIRED INTANGI_3

GOODWILL AND ACQUIRED INTANGIBLE ASSETS - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 80,257		$ 80,257
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	219,137		218,648
Accumulated Amortization	(27,239)		(23,596)
Net Carrying amount	191,898		195,052
Amortization of intangible assets	3,600	$ 2,700
Non-competition agreement
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,407		2,407
Accumulated Amortization	(201)		0
Net Carrying amount	2,206		2,407
Tradenames
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	39,883		39,833
Accumulated Amortization	(7,346)		(6,349)
Net Carrying amount	32,537		33,484
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	176,408		176,408
Accumulated Amortization	(19,667)		(17,247)
Net Carrying amount	156,741		159,161
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	439		0
Accumulated Amortization	(25)		0
Net Carrying amount	$ 414		$ 0

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details)				3 Months Ended
	Dec. 19, 2021	Dec. 19, 2019 USD ($)	Aug. 20, 2019 USD ($) derivative termLoan	Mar. 31, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 24, 2020 USD ($)
Derivative [Line Items]
Number of mortgage term loans | termLoan			2
Obligations under interest rate swap contracts					$ 100,000	$ 300,000
Mortgage-Secured Term Loans | East West Bank | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate			2.25%
Fixed rate determined by interest rate swaps			0.0423
Mortgage-Secured Term Loans | Bank of America | London Interbank Offered Rate (LIBOR)
Derivative [Line Items]
Basis spread on variable rate		2.15%
Fixed rate determined by interest rate swaps		0.0425
Mortgage-Secured Term Loans | Bank of America | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Derivative [Line Items]
Basis spread on variable rate	2.50%
Interest rate, stated percentage		4.50%
Interest Rate Swap
Derivative [Line Items]
Number of derivatives | derivative			2
Interest Rate Swap | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative liability, notional amount		$ 2,700,000	$ 1,100,000				$ 80,000,000
Gain (loss) on discontinuation of derivative instrument				$ 700,000
Interest Rate Swap Member Two | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative liability, notional amount			$ 2,600,000

DEBT - Narrative (Details)

DEBT - Narrative (Details)	Mar. 31, 2022 USD ($)	Dec. 30, 2021 USD ($)	Jan. 17, 2020 USD ($)	Nov. 04, 2019 USD ($)
Great Wall Asset Purchase Agreement
Line of Credit Facility [Line Items]
Consideration transferred		$ 43,700,000
JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Debt instrument, credit adjustment	0.001
JP Morgan | Mortgage-Secured Term Loans | Revolving Credit Facility
Line of Credit Facility [Line Items]
Debt instrument, credit adjustment	0.001
Amended and Restated Credit Agreement | JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity				$ 100,000,000
Second Amended Credit Agreement | JP Morgan | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 100,000,000
Second Amended Credit Agreement | JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Debt instrument, face amount			$ 75,600,000
Third Amended Credit Agreement | JP Morgan | Revolving Credit Facility | Great Wall Asset Purchase Agreement
Line of Credit Facility [Line Items]
Consideration transferred		$ 33,300,000
Third Amended Credit Agreement | JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Long-term line of credit	$ 68,400,000
Renewed Credit Agreement | JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity	115,000,000
Loan proceeds receivable	$ 46,000,000
Renewed Credit Agreement | JP Morgan | Mortgage-Secured Term Loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.875%
Renewed Credit Agreement | JP Morgan | Mortgage-Secured Term Loans | Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 100,000,000
Credit agreement, term (in years)	5 years
Financing fees	$ 600,000
Unamortized financing fees	500,000
Unamortized deferred financing fees	$ 100,000
Renewed Credit Agreement | JP Morgan | Mortgage-Secured Term Loans | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.375%
Line of Credit Agreement | JP Morgan | Mortgage-Secured Term Loans
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 69,000,000

DEBT - Schedule of Long-term De

DEBT - Schedule of Long-term Debt Instruments (Details) $ in Thousands	Dec. 19, 2021	Mar. 31, 2022 USD ($) property	Dec. 31, 2021 USD ($)	Dec. 19, 2019
Debt Instrument [Line Items]
Total debt, principal amount		$ 85,926	$ 87,403
Debt issuance costs		(333)	(35)
Total debt, carrying value		85,593	87,368
Less: current portion		(5,339)	(5,557)
Long-term debt, net of current portion		80,254	81,811
Bank of America
Debt Instrument [Line Items]
Total debt, principal amount		$ 4,906	5,134
Number of real properties secured | property		1
Bank of America | Mortgage-Secured Term Loans | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Interest rate, stated percentage				4.50%
Basis spread on variable rate	2.50%
Bank of America | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage		3.73%
Bank of America | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage		5.80%
East West Bank
Debt Instrument [Line Items]
Total debt, principal amount		$ 5,945	5,994
Number of real properties secured | property		4
East West Bank | Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Balloon payment to be paid		$ 2,200
East West Bank | Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Balloon payment to be paid		$ 2,900
East West Bank | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage		4.25%
East West Bank | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage		4.40%
First Horizon Bank
Debt Instrument [Line Items]
Interest rate, stated percentage		3.85%
Total debt, principal amount		$ 4,519	4,571
Collateral amount		3,100
JP Morgan
Debt Instrument [Line Items]
Total debt, principal amount		69,929	70,866
JP Morgan | Assets Held by Subsidiaries
Debt Instrument [Line Items]
Collateral amount		69,000	69,800
JP Morgan | Vehicles and Equipment
Debt Instrument [Line Items]
Collateral amount		$ 900	1,000
JP Morgan | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage		2.17%
JP Morgan | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage		2.21%
Other Finance Companies
Debt Instrument [Line Items]
Interest rate, stated percentage		0%
Total debt, principal amount		$ 627	$ 838
Other Finance Companies | Minimum
Debt Instrument [Line Items]
Interest rate, stated percentage		3.90%
Other Finance Companies | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage		7.53%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	14,381	0
Numerator:
Net income attributable to HF Foods Group Inc.	$ 3,114	$ 1,358
Denominator:
Weighted-average common shares outstanding (in shares)	53,706,392	51,913,411
Effect of dilutive securities (in shares)	178,118	0
Weighted-average dilutive shares outstanding (in shares)	53,884,510	51,913,411
Earnings per common share:
Basic (in dollars per share)	$ 0.06	$ 0.03
Diluted (in dollars per share)	$ 0.06	$ 0.03

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate reconciliation, percent	26%	28%

RELATED PARTY TRANSACTIONS - Na

RELATED PARTY TRANSACTIONS - Narrative (Details) - USD ($)	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Feb. 28, 2021	Jan. 31, 2020
Related Party Transaction [Line Items]
Accounts payable		$ 57,220,000		$ 57,745,000
Promissory note payable - related party		4,500,000		$ 4,500,000
Proceeds from Sale of Property Held-for-sale		7,200,000
Gain on sale of warehouse		1,500,000
Repayments of Long-term Debt		$ 1,475,000	$ 1,477,000
First Horizon Bank
Related Party Transaction [Line Items]
Interest rate, stated percentage		3.85%
Extinguishment of Debt, Amount		$ 4,500,000
First Horizon Bank | Subsequent Event
Related Party Transaction [Line Items]
Repayments of Long-term Debt	$ 4,500,000
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Purchases - former related party		1,658,000	1,325,000
R&N Holdings | Buildings
Related Party Transaction [Line Items]
Rental income, nonoperating		0	7,000
Han Feng | Production Area
Related Party Transaction [Line Items]
Rental income, nonoperating		0	6,000
HG Realty | Buildings
Related Party Transaction [Line Items]
Rental income, nonoperating		80,000	120,000
Kirnland | Buildings
Related Party Transaction [Line Items]
Rental income, nonoperating		72,000	77,000
Operating lease, term of contract (in years)					5 years
B&R Group Realty | Mortgage-Secured Term Loans
Related Party Transaction [Line Items]
Due from related parties						$ 7,000,000
Interest rate, stated percentage						6%
Interest payable		0
Debt instrument, periodic payment, principal		0	0
Debt instrument, periodic payment, interest		$ 68,000	$ 101,000
HF Foods | Shareholder
Related Party Transaction [Line Items]
Ownership of Noncontrolling Interest		10%

RELATED PARTY TRANSACTIONS - Su

RELATED PARTY TRANSACTIONS - Summary of Purchases with Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Feb. 25, 2021
Related Party Transaction [Line Items]
Purchases - related parties	$ 6,345	$ 5,461
Best Food Services, LLC
Related Party Transaction [Line Items]
Purchases - related parties	2,945	990
Eastern Fresh LLC
Related Party Transaction [Line Items]
Purchases - related parties	1,093	1,495
Enson Group Inc.
Related Party Transaction [Line Items]
Purchases - related parties	0	52
First Choice Seafood, Inc.
Related Party Transaction [Line Items]
Purchases - related parties	83	83
Fujian RongFeng Plastic Co. Ltd.
Related Party Transaction [Line Items]
Purchases - related parties	398	800
Han Feng Information Technology (Jinhua) Inc.
Related Party Transaction [Line Items]
Purchases - related parties	0	42
Ocean Pacific Seafood Group Inc.
Related Party Transaction [Line Items]
Purchases - related parties	136	131
Revolution Industry, LLC
Related Party Transaction [Line Items]
Purchases - related parties	0	259
Revolution Industry, LLC | Asset Purchase Agreement
Related Party Transaction [Line Items]
Purchase obligation			$ 250
UGO USA Inc.
Related Party Transaction [Line Items]
Purchases - related parties	0	242
Other
Related Party Transaction [Line Items]
Purchases - related parties	$ 32	$ 42

RELATED PARTY TRANSACTIONS - _2

RELATED PARTY TRANSACTIONS - Summary of Sales to Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Sales - related parties	$ 2,064	$ 2,390
ABC Trading, LLC
Related Party Transaction [Line Items]
Sales - related parties	1,192	714
Asahi Food, Inc.
Related Party Transaction [Line Items]
Sales - related parties	181	118
Best Food Services, LLC
Related Party Transaction [Line Items]
Sales - related parties	645	74
Eagle Food Service LLC
Related Party Transaction [Line Items]
Sales - related parties	0	1,009
Eastern Fresh LLC
Related Party Transaction [Line Items]
Sales - related parties	0	23
Enson Group Inc.
Related Party Transaction [Line Items]
Sales - related parties	0	27
First Choice Seafood, Inc.
Related Party Transaction [Line Items]
Sales - related parties	10	75
Fortune One Foods Inc
Related Party Transaction [Line Items]
Sales - related parties	0	92
Heng Feng Food Services, Inc.
Related Party Transaction [Line Items]
Sales - related parties	0	40
N&F Logistics, Inc.
Related Party Transaction [Line Items]
Sales - related parties	36	207
Other
Related Party Transaction [Line Items]
Sales - related parties	$ 0	$ 11

RELATED PARTY TRANSACTIONS - _3

RELATED PARTY TRANSACTIONS - Summary of Accounts Receivable With Related Parties (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Accounts receivable - related parties	$ 918	$ 249
ABC Trading, LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties	404	76
Asahi Food, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties	225	72
Best Food Services, LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties	282	1
Eagle Food Service LLC
Related Party Transaction [Line Items]
Accounts receivable - related parties	0	16
Enson Seafood GA Inc
Related Party Transaction [Line Items]
Accounts receivable - related parties	5	24
Fortune One Foods Inc
Related Party Transaction [Line Items]
Accounts receivable - related parties	0	24
Heng Feng Food Services, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties	0	18
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Accounts receivable - related parties	0	15
Other
Related Party Transaction [Line Items]
Accounts receivable - related parties	$ 2	$ 3

RELATED PARTY TRANSACTIONS - _4

RELATED PARTY TRANSACTIONS - Summary of Accounts Payable with Related Parties (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 1,632	$ 1,941
Best Food Services, LLC
Related Party Transaction [Line Items]
Accounts payable - related parties	896	699
Eastern Fresh LLC
Related Party Transaction [Line Items]
Accounts payable - related parties	61	581
First Choice Seafood, Inc.
Related Party Transaction [Line Items]
Accounts payable - related parties	22	36
Fujian RongFeng Plastic Co. Ltd.
Related Party Transaction [Line Items]
Accounts payable - related parties	27	20
Other
Related Party Transaction [Line Items]
Accounts payable - related parties	4	10
North Carolina Good Taste Noodle, Inc.
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 622	$ 595

STOCK-BASED COMPENSATION - Narr

STOCK-BASED COMPENSATION - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Jul. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under plan (in shares)		3,000,000
Shares remaining available for future awards (in shares)	2,500,383
Stock-based compensation expense	$ 0.3
Unrecognized compensation cost	$ 1.7
Unrecognized compensation cost, period for recognition	2 years 1 month 28 days
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments outstanding (in shares)	356,340
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments outstanding (in shares)	143,277

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands				3 Months Ended
	Feb. 10, 2021 USD ($)	Mar. 29, 2020 lawsuit	Jul. 02, 2018 property lease	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Lease guarantee liability, net of current portion				$ 5,697	$ 0
Current lease guarantee liability				$ 300
Property Lease Guarantee
Loss Contingencies [Line Items]
Guarantor lease obligation term (in years)				11 years
Operating lease expense				$ 5,900
Lease guarantee liability, net of current portion				$ 5,900
Lessee guarantee, lease discount rate				4.55%
Minimum
Loss Contingencies [Line Items]
Payment to construct building	$ 2,500
Minimum | Property Lease Guarantee
Loss Contingencies [Line Items]
Monthly rental payments				$ 42
Maximum | Property Lease Guarantee
Loss Contingencies [Line Items]
Monthly rental payments				$ 63
Buildings
Loss Contingencies [Line Items]
Number of leases | lease			2
Number of properties | property			2
Buildings | Lease for 273 Fifth Avenue, Manhattan,New York
Loss Contingencies [Line Items]
Operating lease, term of contract (in years)			30 years
Buildings | Lease for 275 Fifth Avenue, Manhattan,New York
Loss Contingencies [Line Items]
Operating lease, term of contract (in years)			15 years
Putative Class Action
Loss Contingencies [Line Items]
New claims filed, number | lawsuit		2

COMMITMENTS AND CONTINGENCIES L

COMMITMENTS AND CONTINGENCIES Lease Maturity Schedule (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2022 (remaining nine months)	$ 381
2023	543
2024	582
2025	604
2026	621
Thereafter	5,116
Total	7,847
Less: Imputed interest	(1,905)
Total	$ 5,942