Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 7

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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,608 
  
    Purchase of investments 
     (493) 
     (3,836)
  
    Net cash provided by investing activities 
     3,705  
     408 

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of contingent earn-out liabilities 
     (151) 
     — 
  
    Payment of installment payment liabilities 
     (230) 
     (760)
  
    Payment for stock repurchase 
     (146) 
     — 
  
    Net cash used in financing activities 
     (527) 
     (760)

    NET INCREASE IN CASH 
     3,712  
     3,815 

    CASH AND CASH EQUIVALENTS - BEGINNING 
     9,358  
     8,059 
  
    CASH AND CASH EQUIVALENTS - ENDING 
    $13,070  
    $11,874 

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

6

STRAN & COMPANY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2025 AND 2024

(CONTINUED)

(in thousands)

(unaudited)

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

    2025  
    2024 
  
    Cash paid during the period for: 

    Interest 
    $24  
    $— 
  
    Income taxes 
    $67  
    $29 

    Noncash investing and financing activities: 

    Right of use assets obtained in exchange for lease liabilities 
    $2,077  
    $— 

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 & Company, Inc. was incorporated under the laws of the Commonwealth of Massachusetts
and commenced operations on November 17, 1995. The Company re-incorporated under the laws of the State of Nevada on May 24