Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011872
Chunk: 17

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part I, Item 1
Chunk 17
---
    Accrued payroll and related 
     674  
     6  
     680  
    *
  
    Current portion of contingent earn-out liabilities 
     2,172  
     (1,621) 
     551  
    1
  
    Current portion of installment payment liabilities 
     —  
     374  
     374  
    1
  
    Current portion of lease liability 
     320  
     66  
     386  
    1
  
    Total current liabilities 
     8,398  
     (1,198) 
     7,200  
    1,3,4,8,*

    Long-term contingent earn-out liabilities 
     1,595  
     (1,127) 
     468  
    1
  
    Long-term installment payment liabilities 
     —  
     132  
     132  
    1
  
    Long-term lease liability 
     456  
     35  
     491  
    1
  
    Total long-term liabilities 
     2,051  
     (960) 
     1,091  
    1
  
    Total liabilities 
     10,449  
     (2,158) 
     8,291  
    1,3,4,8,*

    Additional paid-in capital 
     38,307  
     (167) 
     38,140  
    1
  
    Accumulated deficit 
     389  
     (3,090) 
     (2,701) 
    1,3,5,7,*
  
    Accumulated other comprehensive loss 
     —  
     (59) 
     (59) 
    8
  
    Total stockholders’ equity 
     38,698  
     (3,316) 
     35,382  
    1,3,5,7,*
  
    Total liabilities and stockholders’ equity 
    $49,147  
    $(5,474) 
    $43,673  
    1,3,5,7,8,*

14

    Statement of Operations for the Three Months Ended March 31, 2023 
    As Reported  
    Adjustment  
    As