Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 537

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1C
Chunk 537
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75,147  
     98.9%
  
    Sales – related parties 
     460  
     0.6% 
     853  
     1.1%
  
    Total sales 
     82,654  
     100.0% 
     76,000  
     100.0%

    COST OF SALES: 

    Cost of sales 
     56,487  
     68.3% 
     50,492  
     66.4%
  
    Cost of sales - related parties 
     354  
     0.4% 
     656  
     0.9%
  
    Total cost of sales 
     56,841  
     68.8% 
     51,148  
     67.3%

    GROSS PROFIT 
     25,813  
     31.2% 
     24,852  
     32.7%

    OPERATING EXPENSES: 

    General and administrative expenses 
     30,707  
     37.2% 
     25,310  
     33.3%
  
    Goodwill impairment 
     —  
     —% 
     810  
     1.1%
  
    Total operating expenses 
     30,707  
     37.2% 
     26,120  
     34.4%

    LOSS FROM OPERATIONS 
     (4,894) 
     (5.9)% 
     (1,268) 
     (1.7)%

    OTHER INCOME: 

    Other income 
     38  
     —% 
     186  
     0.2%
  
    Interest income 
     305  
     0.4% 
     570  
     0.8%
  
    Change in fair value of contingent earn-out liability 
     208  
     0.3% 
     65  
     0.1%
  
    Realized gain on investments 
     208  
     0.3% 
     103  
     0.1%
  
    Total other income 
     759  
     0.9% 
     924  
     1.2%

    LOSS BEFORE INCOME