Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 4

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
ited condensed consolidated financial statements.

3

STRAN & COMPANY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE
INCOME (LOSS)

THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND
2024

(in thousands)

(unaudited)

    For the Three Months Ended
 June 30,  
    For the Six Months Ended
 June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net income (loss) 
    $643  
    $(1,025) 
    $250  
    $(1,516)

    Other comprehensive income (loss): 

    Unrealized gain (loss) on investment, net of tax 
     33  
     48  
     48  
     (19)
  
    Total other comprehensive income (loss) 
     33  
     48  
     48  
     (19)

    Comprehensive income (loss) 
    $676  
    $(977) 
    $298  
    $(1,535)

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

4

STRAN & COMPANY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’
EQUITY

THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND
2024

(in thousands, except share amounts)

(unaudited)

    Accumulated  

    Additional  
    Other  

    Preferred Stock  
    Common Stock  
    Paid-in  
    Comprehensive  
    Accumulated  
    Stockholders’ 

    Shares  
    Value  
    Shares  
    Value  
     Capital  
    Income (Loss)  
    Deficit  
    Equity 
  
    Balance, January 1, 2025 
     —  
    $—  
     18,598,574  
    $2  
    $38,391  
    $(10) 
    $(6,742) 
    $31,641 
  
    Stock-based compensation 
     —  
     —  
     9,833  
     —  
     9  
     —  
     —  
     9 
  
    Other comprehensive