Company: SWAGW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044222
Chunk: 6

Company: Stran & Company, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 of investments 
     (267) 
     (3,384)
  
    Net cash provided by (used in) investing activities 
     809  
     (572)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of installment payment liabilities 
     (40) 
     (60)
  
    Net cash used in financing activities 
     (40) 
     (60)

    NET (DECREASE) INCREASE IN CASH 
     (5,122) 
     1,427 

    CASH AND CASH EQUIVALENTS - BEGINNING 
     9,358  
     8,059 
  
    CASH AND CASH EQUIVALENTS - ENDING 
    $4,236  
    $9,486 

The accompanying notes are an integral part
of these unaudited consolidated financial statements.

6

STRAN & COMPANY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2025 AND 2024

(CONTINUED)

(in thousands)

(unaudited)

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

    2025  
    2024 
  
    Cash paid during the period for: 

    Interest 
    $24  
    $— 
  
    Income taxes 
    $—  
    $— 

    Noncash investing and financing activities: 

    Right of Use Asset 
    $548  
    $— 
  
    Assumed Lease Liability 
    $(548) 
    $— 

The accompanying notes are an integral part
of these unaudited consolidated financial statements.

7

STRAN & COMPANY, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS

(in thousands, except share and per share amounts)

A.ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

1.Organization - Stran & Company, Inc. (the “Company”) was incorporated under the laws of
the Commonwealth of Massachusetts and commenced operations on November 17, 1995. The Company re-incorporated under the laws of the State
of Nevada on May 24, 2021.

On August 23, 2024, Stran Loyalty Solutions,
LLC, a Nevada limited liability company (the