Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 1186

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 5
Chunk 1186
---
    Proceeds from sale of investments 
     8,659  
     4,231 
  
    Purchase of investments 
     (7,122) 
     (4,845)
  
    Net cash used in investing activities 
     (533) 
     (3,736)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of contingent earn-out liabilities 
     (68) 
     (641)
  
    Payment installment payment liabilities 
     (760) 
     (218)
  
    Payment of notes payable 
     (100) 
     — 
  
    Payment for stock repurchase 
     —  
     (50)
  
    Net cash used in financing activities 
     (928) 
     (909)

    NET INCREASE (DECREASE) IN CASH 
     1,299  
     (7,195)

    CASH AND CASH EQUIVALENTS - BEGINNING 
     8,059  
     15,254 
  
    CASH AND CASH EQUIVALENTS - ENDING 
    $9,358  
    $8,059 

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

F-7

STRAN & COMPANY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2024 and 2023

(CONTINUED)

(in thousands)

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

    2024  
    2023 
  
    Cash paid during the period for: 

    Interest 
    $95  
    $— 
  
    Income taxes 
    $5  
    $— 

    Noncash investing and financing activities: 

    Assets acquired in Gander Group business acquisition 
    $8,093  
    $— 
  
    Liabilities assumed in Gander Group business acquisition 
    $6,624  
    $— 
  
    Assets acquired in T R Miller business acquisition 
    $—  
    $5,236 
  
    Liabilities assumed in T R Miller business acquisition 
    $—  
    $3,113 
  
    Lease liabilities arising from obtaining right-of-use assets 
    $—  
    $1,034 

The accompanying notes are an integral part