Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011877
Chunk: 6

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part I, Item 1
Chunk 6
---
 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     4,496  
     1,407 
  
    Accounts receivable – related parties 
     25  
     — 
  
    Inventory 
     808  
     1,546 
  
    Prepaid taxes 
     30  
     122 
  
    Prepaid expenses 
     336  
     (304)
  
    Deposits 
     (193) 
     (1,066)
  
    Accounts payable and accrued expenses 
     (871) 
     (1,480)
  
    Accrued payroll and related 
     (1,357) 
     389 
  
    Unearned revenue 
     (262) 
     1,221 
  
    Rewards program liability 
     2,475  
     2,875 
  
    Sales tax payable 
     (117) 
     (74)
  
     Net cash provided by operating activities 
     4,167  
     3,739 

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Business acquisitions, net of cash acquired 
     —  
     (2,123)
  
    Purchases of property and equipment 
     (364) 
     (579)
  
    Proceeds from sale of investments 
     4,608  
     1,000 
  
    Purchase of investments 
     (3,836) 
     (1,355)
  
     Net cash provided by (used in) investing activities 
     408  
     (3,057)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of contingent earn-out liabilities 
     —  
     (424)
  
    Payment of installment payment liabilities 
     (760) 
     (175)
  
    Net cash used in financing activities 
     (760) 
     (599)

    NET INCREASE IN CASH 
     3,815  
     83 

    CASH AND CASH EQUIVALENTS - BEGINNING 
     8,059  
     15,254 
  
    CASH AND CASH EQUIVALENTS - ENDING 
    $11,874  
    $15,337 

The accompanying notes