Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 196

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 2
Chunk 196
---
     70.5% 
     13,275  
     67.5%

    GROSS PROFIT 
     5,952  
     29.5% 
     6,399  
     32.5%

    OPERATING EXPENSES: 

    General and administrative expenses 
     8,136  
     40.4% 
     5,732  
     29.1%
  
    Total operating expenses 
     8,136  
     40.4% 
     5,732  
     29.1%

    (LOSS) INCOME FROM OPERATIONS 
     (2,184) 
     (10.8)% 
     667  
     3.4%

    OTHER INCOME: 

    Other (expense) income 
     (22) 
     (0.1)% 
     202  
     1.0%
  
    Interest income 
     64  
     0.3% 
     183  
     0.9%
  
    Realized gain on investments 
     103  
     0.5% 
     77  
     0.4%
  
    Total other income 
     145  
     0.7% 
     462  
     2.3%

    (LOSS) INCOME BEFORE INCOME TAXES 
     (2,039) 
     (10.1)% 
     1,129  
     5.7%

    Provision (benefit) for income taxes 
     (1) 
     —% 
     (136) 
     (0.7)%

    NET (LOSS) INCOME 
    $(2,038) 
     (10.1)% 
    $1,265  
     6.4%

35

Sales

Sales consist
primarily of the selling price of the merchandise, service or outbound shipping and handling charges, less discounts, coupons redeemed,
returns and credits. Sales by segment were as follows:

    Three Months Ended
September 30,  
       
    Three Months Ended
    September 30,  
       
    Increase / (Decrease) 

    2024  
    % of Total  
    2023  
    % of Total  
    $