Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 95

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 95
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 provided by investing activities 
     3,133  
     1,516 

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of contingent earn-out liabilities 
     (151) 
     (68)
  
    Payment of installment payment liabilities 
     (255) 
     (798)
  
    Payment of notes payable 
     —  
     (100)
  
    Payment for stock repurchase 
     (554) 
     — 
  
    Net cash used in financing activities 
     (960) 
     (966)

    NET CHANGE IN CASH AND CASH EQUIVALENTS 
     (2,661) 
     1,977 

    CASH AND CASH EQUIVALENTS - BEGINNING 
     9,358  
     8,059 
  
    CASH AND CASH EQUIVALENTS - ENDING 
    $6,697  
    $10,036 

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

6

STRAN & COMPANY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024

(CONTINUED)

(in thousands)

(unaudited)

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

    2025  
    2024 
  
    Cash paid during the period for: 

    Interest 
    $24  
    $83 
  
    Income taxes 
    $67  
    $2 

    Noncash investing and financing activities: 

    Right of use assets obtained in exchange for lease liabilities 
    $2,077  
    $— 
  
    Assets acquired in Gander Group business acquisition 
    $—  
    $8,314 
  
    Liabilities assumed in Gander Group business acquisition 
    $—  
    $6,845 

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

7

STRAN & COMPANY, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS

(in thousands, except share and per share amounts)

A.ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

1.Organization - Stran &