Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 150

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 150
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 0.6% 
     656  
     1.2%
  
    Total cost of sales 
     38,632  
     69.4% 
     36,004  
     67.9%

    GROSS PROFIT 
     17,032  
     30.6% 
     17,056  
     32.1%

    OPERATING EXPENSES: 

    General and administrative expenses 
     20,993  
     37.7% 
     17,968  
     33.9%
  
    Total operating expenses 
     20,993  
     37.7% 
     17,968  
     33.9%

    (LOSS) INCOME FROM OPERATIONS 
     (3,961) 
     (7.1)% 
     (912) 
     (1.7)%

    OTHER INCOME: 

    Other (expense) income 
     (6) 
     —% 
     219  
     0.4%
  
    Interest income 
     239  
     0.4% 
     467  
     0.9%
  
    Realized gain on investments 
     176  
     0.3% 
     98  
     0.2%
  
    Total other income 
     409  
     0.7% 
     784  
     1.5%

    (LOSS) INCOME BEFORE INCOME TAXES 
     (3,552) 
     (6.4)% 
     (128) 
     (0.2)%

    Provision (benefit) for income taxes 
     2  
     —% 
     15  
     —%

    NET (LOSS) INCOME 
    $(3,554) 
     (6.4)% 
    $(143) 
     (0.3)%

Sales

Sales consist
primarily of the selling price of the merchandise, service or outbound shipping and handling charges, less discounts, coupons redeemed,
returns and credits. Sales by segment were as follows:

    Nine Months Ended
September 30,  
       
    Nine Months Ended
September 30,  
       
    Increase / (Decrease) 

    2024