Company: HFFG
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001680873-25-000006
Chunk: 19

Company: HF Foods Group Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 7A
Chunk 19
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)9,497 Cash at beginning of the period15,232 24,289 14,792 Cash at end of the period$14,467 $15,232 $24,289 

The accompanying notes are an integral part of these consolidated financial statements.38

HF Foods Group Inc. and SubsidiariesConsolidated Statements of Cash Flows (Continued)(In thousands)

Year Ended December 31,202420232022Supplemental disclosure of cash flow data:Cash paid for interest$11,623 $10,407 $6,230 Cash paid for income taxes2,506 4,040 8,655 Supplemental disclosure of non-cash investing and financing activities:Right-of-use assets obtained in exchange for operating lease liabilities$5,222 $2,583 $6,815 Property acquired in exchange for finance leases14,322 1,763 1,272 Treasury stock received via legal settlement— 7,750 — Acquisition of noncontrolling interests772 1,652 — Note receivable related to property and equipment sales— 300 — Intangible asset acquired in exchange for noncontrolling interests— — 566 

The accompanying notes are an integral part of these consolidated financial statements.39

HF Foods Group Inc. and SubsidiariesConsolidated Statements of Changes in Shareholders' Equity(In thousands, except share data)

Common StockTreasury StockAdditionalPaid-inCapitalAccumulated DeficitTotal Shareholders’Equity Attributable toHF Foods Group Inc.NoncontrollingInterestsTotalShareholders’EquitySharesAmountSharesAmountBalance at January 1, 202253,706,392 $5 — — $597,227 $(306,974)$290,258 $4,041 $294,299 Net income (loss)— — — — — 460 460 (225)235 Capital contribution by shareholders— — — — — — — 806 806 Issuance of common stock pursuant to equity compensation plan139,239 — — — — — — — — Shares withheld for tax withholdings on vested awards(31,854)— — — (162)— (162)— (162)Distribution to shareholders— — — — — —