Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 115

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 115
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     431  
     236  
     667  
     1,6,* 

    Other income 
     242  
     (40) 
     202  
     1 
  
    Unrealized gain (loss) on investments 
     36  
     (36) 
     —  
     8 
  
    Realized gain on investments 
     —  
     77  
     77  
     8 
  
    Total other income 
     461  
     1  
     462  
     1,8 

    INCOME BEFORE INCOME TAXES 
     892  
     237  
     1,129  
     1,6,8,* 

    Provision for income taxes 
     208  
     (344) 
     (136) 
     3 

    NET INCOME 
    $684  
    $581  
    $1,265  
     1,3,6,8,* 

    NET INCOME PER COMMON SHARE 

    Basic 
    $0.04  
    $0.03  
    $0.07  
     1,3,6,8,* 
  
    Diluted 
    $0.04  
    $0.00  
    $0.04  
     1,3,6,8,* 

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,515,206  
     19,566  
     18,534,772  
     * 
  
    Diluted 
     18,515,206  
     10,723,989  
     29,239,195  
     * 

16

STRAN & COMPANY,
INC.
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(in thousands, except share and per share amounts)

    Statement of Operations for the Nine Months Ended September 30, 2023 
    As Reported  
    Adjustment  
    As Restated  
    Reference 
  
    Sales 
    $52,550  
    $(343) 
    $52,207  
     6 
  
    Sales – related parties 
     —