Company: SWAGW
Filing Date: 2025-01-22
Form Type: 10-K/A
Source: 0001213900-25-005516
Chunk: 176

Company: Stran & Company, Inc.
Filing Date: 2025-01-22
Form: 10-K/A
Chunk 176
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| NET DECREASE IN CASH                                  |     |          | (7,264 | ) |     |            |     69 |   |     |          | (7,195 | ) |     |           | 1,2,3,4,5,6,7,8,9,* |
| CASH - ENDING                                         |     | $        |  7,990 |   |     | $          |     69 |   |     | $        |  8,059 |   |     |           | 1,2,3,4,5,6,7,8,9,* |

F-21 STRAN & COMPANY, INC.
NOTES TO THE RESTATED FINANCIAL STATEMENTS
(in thousands, except share and per share amounts)

| Statement of Cash Flows for the Year Ended December 31, 2022 |     | As       
 Reported |         |   |     | Adjustment |        |   |     | As       
 Restated |         |   |     | Reference |                 |
|:-------------------------------------------------------------|:----|:---------|--------:|:--|:----|:-----------|-------:|:--|:----|:---------|--------:|:--|:----|:----------|----------------:|
| CASH FLOWS FROM OPERATING ACTIVITIES:                        |     |          |         |   |     |            |        |   |     |          |         |   |     |           |                 |
| Net loss                                                     |     | $        |    (778 | ) |     | $          | (2,722 | ) |     | $        |  (3,500 | ) |     |           |       1,2,3,6,8 |
| Adjustment to deferred income taxes                          |     |          |    (728 | ) |     |            |    945 |   |     |          |     217 |   |     |           |               3 |
| Depreciation and amortization                                |     |          |     725 |   |     |            |   (305 | ) |     |          |     420 |   |     |           |             1,7 |
| Change in allowance for credit losses                        |     |          |       — |   |     |            |     36 |   |     |          |      36 |   |     |           |               * |
|