Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 90

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 90
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 2024, respectively 
     —  
     — 
  
    Common stock, $0.0001 par value; 300,000,000 shares authorized, 18,288,158 and 18,598,574 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 
     2  
     2 
  
    Additional paid-in capital 
     37,902  
     38,391 
  
    Accumulated deficit 
     (7,732) 
     (6,742)
  
    Accumulated other comprehensive income (loss) 
     24  
     (10)
  
    Total stockholders’ equity 
     30,196  
     31,641 
  
    Total liabilities and stockholders’ equity 
    $50,262  
    $55,148 

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

2

STRAN & COMPANY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025
AND 2024

(in thousands, except share and per share amounts)

(unaudited)

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

    2025  
    2024  
    2025  
    2024 
  
    SALES 

    Sales 
    $25,981  
    $19,730  
    $87,252  
    $55,204 
  
    Sales – related parties 
     —  
     414  
     —  
     460 
  
    Total sales 
     25,981  
     20,144  
     87,252  
     55,664 

    COST OF SALES: 

    Cost of sales 
     18,909  
     13,873  
     61,829  
     38,278 
  
    Cost of sales - related parties 
     —  
     319  
     —  
     354 
  
    Total cost of sales 
     18,909  
     14,192  
     61,829  
     38,632