Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011872
Chunk: 232

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part II, Item 8
Chunk 232
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 $38,140  
    $(59) 
    $(2,701) 
    $35,382 

15

    Statement of Cash Flows for the Three Months Ended March 31, 2023 
    As Reported  
    Adjustment  
    As Restated  
    Reference
  
    CASH FLOWS FROM OPERATING ACTIVITIES: 

    Net loss 
    $(695) 
    $211  
    $(484) 
    1,3,5,7,*
  
    Deferred Income Taxes (Credit) 
     (364)  
     364  
     —  

    Depreciation and amortization 
     259  
     (111) 
     148  
    1
  
    Adjustment to reconcile operating lease expense to cash paid 
     —  
     24  
     24  
    *
  
    Change in allowance for credit losses 
     —  
     19  
     19  
    4,*
  
    Intangible asset impairment, net 
     (56) 
     56  
     —  
    1
  
    Noncash accretion 
     —  
     5  
     5  
    1
  
    Unrealized gain (loss) on investments 
     (94) 
     94  
     —  
    7
  
    Accounts receivable, net 
     2,528  
     (408) 
     2,120  
    4
  
    Inventory 
     1,202  
     (309) 
     893  
    6
  
    Prepaid taxes 
     —  
     52  
     52  

    Accounts payable and accrued expenses 
     (1,113) 
     (28) 
     (1,141) 
    *
  
    Accrued payroll and related 
     66  
     4  
     70  
    *
  
    Net cash used in operating activities 
     (3,593) 
     (27) 
     (3,620) 
    1,3,4,5,6,7,*

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Purchases of property and equipment