Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 51

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part II, Item 8
Chunk 51
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.0%

    COST OF SALES: 

    Cost of sales 
     38,278  
     68.8% 
     35,348  
     66.6%
  
    Cost of sales - related parties 
     354  
     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