Company: SWAGW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044222
Chunk: 38

Company: Stran & Company, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 of sales 
     20,212  
     70.4% 
     13,178  
     70.0%
  
    Cost of sales - related parties 
     —  
     —% 
     35  
     0.2%
  
    Total cost of sales 
     20,212  
     70.4% 
     13,213  
     70.2%

    GROSS PROFIT 
     8,482  
     29.6% 
     5,614  
     29.8%

    OPERATING EXPENSES: 

    General and administrative expenses 
     9,017  
     31.4% 
     6,279  
     33.4%
  
    Total operating expenses 
     9,017  
     31.4% 
     6,279  
     33.4%

    LOSS FROM OPERATIONS 
     (535) 
     (1.9)% 
     (665) 
     (3.5)%

    OTHER INCOME: 

    Other (expense) income 
     (5) 
     —% 
     15  
     0.1%
  
    Interest income 
     42  
     0.1% 
     93  
     0.5%
  
    Realized gain on investments 
     67  
     0.2% 
     70  
     0.4%
  
    Total other income 
     104  
     0.4% 
     178  
     0.9%

    LOSS BEFORE INCOME TAXES 
     (431) 
     (1.5)% 
     (487) 
     (2.6)%

    Provision (benefit) for income taxes 
     (38) 
     (0.1)% 
     —  
     —%

    NET LOSS 
    $(393) 
     (1.4)% 
    $(487) 
     (2.6)%

27

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 and in total were as follows (in thousands):

    Three Months  Ended