Description of Business (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Condensed Statement of Operating and Comprehensive Income

The following table summarizes the effect of the restatements on each affected financial statement line item for the year ended December 31, 2020, impacting the consolidated statements of operations and comprehensive income (loss). The footnotes correspond to the error descriptions above:

	Consolidated Statement of Operations and Comprehensive Income (Loss)
(In thousands, except per share data)	As Previously Reported		Adjustments			As Restated
Year Ended December 31, 2020
Net revenue - third parties	$	553,409	$	115	(b)	$	553,524
Net revenue - related parties	13,423		(115)		(b)	13,308
Cost of revenue - third parties	453,706		94		(b)
			(454)		(d)	453,346
Cost of revenue - related parties	12,833		(94)		(b)	12,739
TOTAL COST OF REVENUE	466,539		(454)			466,085
GROSS PROFIT	100,293		454			100,747
Distribution, selling and administrative expenses	106,126		(476)		(a)
			454		(d)
			391		(e)
			(140)		(g)	106,355
Goodwill impairment loss	—		338,191		(f)	338,191
INCOME (LOSS) FROM OPERATIONS	(5,833)		(337,966)			(343,799)
Interest expense	(3,922)		(399)		(a)	(4,321)
Goodwill impairment loss	(338,191)		338,191		(f)	—
Other income	1,355		(119)		(c)
			(140)		(g)	1,096
Total other income (expense), net	(341,678)		337,533			(4,145)
INCOME (LOSS) BEFORE INCOME TAX	(347,512)		(432)			(347,944)
Income tax provision (benefit)	(4,831)		106		(i)	(4,725)
NET INCOME (LOSS) AND OTHER COMPREHENSIVE INCOME (LOSS)	(342,681)		(538)			(343,219)
NET INCOME (LOSS) AND OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO HF FOODS GROUP INC.	(342,974)		(538)			(343,512)
EARNINGS (LOSS) PER COMMON SHARE - BASIC	(6.58)		(0.01)		(h)	(6.59)
EARNINGS (LOSS) PER COMMON SHARE - DILUTED	(6.58)		(0.01)		(h)	(6.59)

Schedule of Condensed Cash Flow Statement

The following table summarizes the effect of the restatements on each category of cash flow for the year ended December 31, 2020, impacting the consolidated statements of cash flows:

	Consolidated Statement of Cash Flows
(In thousands)	As Previously Reported		Adjustment			As Restated
Year Ended December 31, 2020
Net cash provided by operating activities	$	44,131	$	1,562	(a)	$	45,693
Net cash used in investing activities	(94,411)		—			(94,411)
Net cash provided by financing activities	45,323		(1,562)		(a)	43,761

Schedule of Stockholders Equity

The effect of the restatements on the consolidated statements of changes in shareholders’ equity for the year ended December 31, 2020 is as follows:

	Common Stock			Treasury Stock			Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)		Total Shareholders’ Equity Attributable to HF Foods Group Inc.		Non-controlling Interests		Total Shareholders’ Equity
(In thousands, except share data)	Shares	Amount		Shares	Amount
As Previously Reported
Balance at 12/31/2019	53,050,211	$	5	(905,115)	$	(12,038)	$	599,617	$	15,824	$	603,408	$	4,249	607,657
Net (loss) income	—	—		—	—		—		(342,974)		(342,974)		293		(342,681)
Escrow shares transferred to and recorded as treasury stock	—	—		(231,685)	—		—		—		—		—		—
Retirement of treasury stock	(1,136,800)	—		1,136,800	12,038		(12,038)		—		—		—		—
Distribution to shareholders	—	—		—	—		—		—		—		(175)		(175)
Balance at 12/31/2020	51,913,411	$	5	—	$	—	$	587,579	$	(327,150)	$	260,434	$	4,367	$	264,801
Restatement Impacts
Balance at 12/31/2019	—	—		—	—		—		(741)		(741)		—		(741)
Net (loss) income	—	—		—	—		—		(538)		(538)		—		(538)
Escrow shares transferred to and recorded as treasury stock	—	—		—	—		—		—		—		—		—
Retirement of treasury stock	—	—		—	—		—		—		—		—		—
Distribution to shareholders	—	—		—	—		—		—		—		—		—
Balance at 12/31/2020	—	$	—	—	$	—	$	—	$	(1,279)	$	(1,279)	$	—	$	(1,279)
As Restated
Balance at 12/31/2019 (As Restated)	53,050,211	$	5	(905,115)	$	(12,038)	$	599,617	15,083		602,667		$	4,249	606,916
Net (loss) income (as restated)	—	—		—	—		—		(343,512)		(343,512)		293		(343,219)
Escrow shares transferred to and recorded as treasury stock	—	—		(231,685)	—		—		—		—		—		—
Retirement of treasury stock	(1,136,800)	—		1,136,800	12,038		(12,038)		—		—		—		—
Distribution to shareholders	—	—		—	—		—		—		—		(175)		(175)
Balance at 12/31/2020 (As Restated)	51,913,411	$	5	—	$	—	$	587,579	$	(328,429)	$	259,155	$	4,367	$	263,522