Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 1243

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 6
Chunk 1243
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 31.2% 
     24,852  
     32.7%

    OPERATING EXPENSES: 

    General and administrative expenses 
     30,707  
     37.2% 
     25,310  
     33.3%
  
    Goodwill impairment 
     —  
     —% 
     810  
     1.1%
  
    Total operating expenses 
     30,707  
     37.2% 
     26,120  
     34.4%

    LOSS FROM OPERATIONS 
     (4,894) 
     (5.9)% 
     (1,268) 
     (1.7)%

    OTHER INCOME: 

    Other income 
     38  
     —% 
     186  
     0.2%
  
    Interest income 
     305  
     0.4% 
     570  
     0.8%
  
    Change in fair value of contingent earn-out liability 
     208  
     0.3% 
     65  
     0.1%
  
    Realized gain on investments 
     208  
     0.3% 
     103  
     0.1%
  
    Total other income 
     759  
     0.9% 
     924  
     1.2%

    LOSS BEFORE INCOME TAXES 
     (4,135) 
     (5.0)% 
     (344) 
     (0.5)%

    Provision for income taxes 
     5  
     —% 
     41  
     0.1%

    NET LOSS 
    $(4,140) 
     (5.0)% 
    $(385) 
     (0.5)%

45

Sales

Sales consist
primarily of the selling price of the merchandise, service or outbound shipping and handling charges, less discounts, coupons redeemed,
returns and credits. Sales by segment and in total were as follows (in thousands):

    Year Ended  
       
    Year Ended  
       
    Increase / (Decrease) 

      12/31/2024  
    % of Total  
      12/31/2023  
    %