Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011877
Chunk: 299

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part II, Item 8
Chunk 299
---
 NET LOSS 
    $(1,533) 
    $125  
    $(1,408) 
     1,3,6,8,*

    NET LOSS PER COMMON SHARE 

    Basic 
    $(0.08) 
    $0.00  
    $(0.08) 
     1,3,6,8,*
  
    Diluted 
    $(0.08) 
    $0.00  
    $(0.08) 
     1,3,6,8,*

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,540,834  
     (36,073) 
     18,504,761  
     *
  
    Diluted 
     18,540,834  
     (36,073) 
     18,504,761  
     *

16

STRAN & COMPANY, INC.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

(in thousands, except share and per share amounts)

    Common Stock  

    Statement of Stockholders’ 
Equity for the Six Months Ended
 June 30, 2023 
    Shares  
    Value  
    Additional Paid-In Capital  
    Accumulated Other Comprehensive Loss  
    Retained Earnings (Accumulated Deficit)  
    Stock-holders’ Equity 
  
    Balance, June 30, 2023 (As Reported) 
     18,540,834  
    $2  
    $38,417  
    $—  
    $(449)  
    $37,970 
  
    Adjustments 
     (186) 
     —  
     (167) 
     (102) 
     (3,176) 
     (3,445)
  
    Balance, June 30, 2023 (As Restated) 
     18,540,648  
    $2  
    $38,250  
    $(102) 
    $(3,625) 
    $34,525 

    Statement of Cash Flows for the Six Months Ended June 30, 2023 
    As Reported  
    Adjustment  
    As Restated  
    Reference 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(1