Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 124

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 124
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 information systems in which each segment’s financial information gets recorded. There are no intersegment revenues
or other transactions between the two segments that are eliminated in consolidation by the Company for external reporting.

The table below presents information
about reported segments for the three and nine months ended September 30, 2025 and 2024.

    For the Three Months Ended 

    September 30, 2025  
    September 30, 2024 

    Stran  
    SLS  
    Total  
    Stran  
    SLS  
    Total 
  
    Sales 
    $17,643  
    $8,338  
    $25,981  
    $16,656  
    $3,488  
    $20,144 
  
    Gross profit 
     5,510  
     1,562  
     7,072  
     5,294  
     658  
     5,952 
  
    Loss from operations 
     (1,374) 
     (408) 
     (1,782) 
     (2,025) 
     (159) 
     (2,184)

    For the Nine Months Ended 

    September 30, 2025  
    September 30, 2024 

    Stran  
    SLS  
    Total  
    Stran  
    SLS  
    Total 
  
    Sales 
    $60,343  
    $26,909  
    $87,252  
    $52,176  
    $3,488  
    $55,664 
  
    Gross profit 
     19,895  
     5,528  
     25,423  
     16,374  
     658  
     17,032 
  
    Loss from operations 
     (1,281) 
     (641) 
     (1,922) 
     (3,802) 
     (159) 
     (3,961)

The segment SLS was not a part of the
Company until the segment was acquired and all of its business operations were incorporated within the Company’s newly created subsidiary
on August 23, 2024. The Stran segment’s operations have remained consistent for all periods presented, however, the Company