Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011872
Chunk: 230

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part II, Item 8
Chunk 230
---
 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 Restated  
    Reference
  
    Sales 
    $15,776  
    $195  
    $15,971  
    5
  
    Total sales 
     15,776  
     195  
     15,971  
    5

    Cost of sales 
     11,083  
     (521) 
     10,562  
    5
  
    Total cost of sales 
     11,083  
     (521) 
     10,562  
    5

    GROSS PROFIT 
     4,693  
     716  
     5,409  
    5

    General and administrative expenses 
     6,079  
     (88) 
     5,991  
    1,*
  
    Total operating expenses 
     6,079  
     (88) 
     5,991  
    1,*

    LOSS FROM OPERATIONS 
     (1,386) 
     804  
     (582) 
    1,5,*

    Other income 
     57  
     (57) 
     —  
    1
  
    Unrealized gain (loss) on investments 
     132  
     (132) 
     —  
    7
  
    Realized gain on