Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011872
Chunk: 19

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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    1,3,5,7,*

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,477,604  
     (185) 
     18,477,419  
    *
  
    Diluted 
     18,477,604  
     (185) 
     18,477,419  
    *

    Statement of Stockholders’ Equity for the  
    Common Stock  
    Additional 
Paid-In  
    Accumulated 
Other 
Comprehensive  
    Retained 
Earnings 
(Accumulated   
    Stock-holders’  
  
    Three Months Ended March 31, 2023 
    Shares  
    Value  
     Capital  
     Loss  
    Deficit)  
    Equity 
  
    Balance, March 31, 2023 (As Reported) 
     18,483,334  
    $2  
    $38,307  
    $—  
    $389  
    $38,698 
  
    Adjustments 
     (186) 
     —  
     (167) 
     (59) 
     (3,090) 
     (3,316)
  
    Balance, March 31, 2023 (As Restated) 
     18,483,148  
    $2  
    $38,140  
    $(59) 
    $(2,701) 
    $35,382 

15

    Statement of Cash Flows for the Three Months Ended March 31, 2023 
    As Reported  
    Adjustment  
    As Restated  
    Reference
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(695) 
    $211  
    $(484) 
    1,3,5,7,*
  
    Deferred Income Taxes (Credit) 
     (364)  
     364  
     —  

    Depreciation and amortization 
     259  
     (111) 
     148  
    1
  
    Adjustment to reconcile operating lease expense to cash paid 
     —  
     24  
     24  
    *
  
    Change in allowance for credit losses 
     —