Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 117

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 117
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,* 
  
    Diluted 
    $(0.05) 
    $0.04  
    $(0.01) 
     1,3,6,8,* 

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,515,206  
     (331) 
     18,514,875  
     * 
  
    Diluted 
     18,515,206  
     (331) 
     18,514,875  
     * 

    Statement of Stockholders’ Equity for the Nine Months Ended 
    Common Stock  
    Additional Paid-In  
    Accumulated Other Comprehensive  
    Retained Earning (Accumulated  
    Stockholders’ 
  
    September 30, 2023  
    Shares  
    Value  
    Capital  
    Loss  
    Deficit)  
    Equity 
  
    Balance, September 30, 2023 (As Reported) 
     18,521,332  
    $2  
    $38,398  
    $—  
    $235  
    $38,635 
  
    Adjustments 
     (186) 
     —  
     (166) 
     (143) 
     (2,595) 
     (2,904)
  
    Balance, September 30, 2023 (As Restated) 
     18,521,146  
    $2  
    $38,232  
    $(143) 
    $(2,360) 
    $35,731 

17

STRAN & COMPANY,
INC.
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(in thousands, except share and per share amounts)

    Statement of Cash Flows for the Nine Months Ended September 30, 2023 
    As Reported  
    Adjustment  
    As Restated  
    Reference 
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(848) 
    $705  
    $(143) 
     1,3,4,6,8,* 
  
    Deferred income taxes 
     (493) 
     493  
     —  

    Depreciation and amortization 
     1,