Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 95

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 95
---
,195  
     18,584,359  
     18,514,875 

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

3

STRAN & COMPANY, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)
INCOME

THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024
AND 2023

(in thousands)

(unaudited)

    For the Three Months Ended
 September 30,  
    For the Nine Months Ended
 September 30, 

    2024  
    2023  
    2024  
    2023 

    (Restated)  
       
    (Restated) 
  
    Net (loss) income 
    $(2,038) 
    $1,265  
    $(3,554) 
    $(143)

    Other comprehensive income (loss): 

    Change in unrealized gain (loss) on investments (net of tax) 
     53  
     (41) 
     34  
     36 
  
    Total other comprehensive income (loss) 
     53  
     (41) 
     34  
     36 

    Comprehensive (loss) income 
    $(1,985) 
    $1,224  
    $(3,520) 
    $(107)

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

4

STRAN & COMPANY, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’
EQUITY

THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024
AND 2023

(in thousands, except share amounts)

(unaudited)

    Preferred Stock  
    Common Stock  
    Additional
 Paid-In  
    Accumulated 
Other
 Comprehensive  
    Accumulated  
    Stockholders’ 

    Shares  
    Value  
    Shares  
    Value  
    Capital  
    Loss  
    Deficit  
    Equity 

    Balance, January 1, 2024 
        —  
    $    —  
     18,539,000  
    $2  
    $38,263  
    $        (13) 
    $(2