Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 99

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 2
Chunk 99
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2% 
     82  
     0.5%
  
    Realized gain on investments 
     —  
     —% 
     3  
     —%
  
    Total other income 
     362  
     1.1% 
     86  
     0.5%

    INCOME (LOSS) BEFORE INCOME TAXES 
     757  
     2.3% 
     (1,022) 
     (6.1)%

    Provision for income taxes 
     114  
     0.3% 
     3  
     —%

    NET INCOME (LOSS) 
    $643  
     2.0% 
    $(1,025) 
     (6.1)%

29

Sales

Sales consist primarily of the selling price
of the merchandise, service or outbound shipping and handling charges, less discounts, coupons redeemed, returns and credits. Sales by
segment and in total were as follows (in thousands):

    Three Months 
Ended
June 30,  
      
    Three Months 
Ended
June 30,  
      
    Increase / (Decrease) 

    2025  
    % of Total  
    2024  
    % of Total  
    $  
    % 
  
    Stran 
    $21,765  
     66.8% 
    $16,693  
     100% 
    $5,072  
     30.4%
  
    SLS 
     10,812  
     33.2% 
     —  
     —% 
     10,812  
     100.0%
  
    Total sales 
    $32,577  
     100.0% 
    $16,693  
     100% 
    $15,884  
     95.2%

Our total sales increased 95.2% to approximately
$32.6 million for the three months ended June 30, 2025, from approximately $16.7 million for the three months ended June 30, 2024. Sales
by our Stran segment increased to approximately $21.8 million for the three months ended June 30, 2025 from approximately $16.7 million
for the three months ended June