Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 11

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 8
Chunk 11
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fair value of the earn-out liabilities represents Level 3 measurements. There were no transfers between levels within the fair value measurement
hierarchy during the quarter ended September 30, 2025. The following table presents information about the Company’s assets and liabilities
that are measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024, and indicates the fair value hierarchy
of the valuation inputs the Company utilized to determine such fair value:

    Description 
    Level 
    September 30,  2025  
    December 31,  2024 
  
    Assets: 

    Investments 
    1 
    $5,058  
    $8,856 

    Liabilities: 

    Earn-out liabilities 
    3 
    $560  
    $711 

14

STRAN & COMPANY, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS

(in thousands, except share and per share amounts)

Investments

The Company’s investments consisted
of the following as of September 30, 2025:

    Cost  
    Unrealized Gain  (Loss)  
    Fair Value 
  
    Money market fund 
    $1,774  
    $        —  
    $1,774 
  
    Corporate bonds 
     1,970  
     20  
     1,990 
  
    Mutual funds 
     1,290  
     4  
     1,294 

    $5,034  
    $24  
    $5,058 

The Company’s investments consisted
of the following as of December 31, 2024:

    Cost  
    Unrealized Gain 
(Loss)  
    Fair Value 
  
    Money market fund 
    $4,843  
    $        —  
    $4,843 
  
    Corporate bonds 
     2,958  
     (6) 
     2,952 
  
    Mutual funds 
     267  
     —  
     267 
  
    US Treasury bills 
     798  
     (4) 
     794 

    $8,866  
    $(10) 
    $8,856 

Earn-Out Liabilities

In connection with certain of the Company