Company: SWAGW
Filing Date: 2025-02-11
Form Type: 10-Q
Source: 0001213900-25-011877
Chunk: 3

Company: Stran & Company, Inc.
Filing Date: 2025-02-11
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
575  
     6,245  
     12,857  
     12,236 

    LOSS FROM OPERATIONS 
     (1,108) 
     (997) 
     (1,777) 
     (1,579)

    OTHER INCOME: 

    Other income 
     1  
     17  
     16  
     17 
  
    Interest income 
     82  
     146  
     175  
     284 
  
    Realized gain on investments 
     3  
     9  
     73  
     21 
  
    Total other income 
     86  
     172  
     264  
     322 

    LOSS BEFORE INCOME TAXES 
     (1,022) 
     (825) 
     (1,513) 
     (1,257)

    Provision for income taxes 
     3  
     99  
     3  
     151 

    NET LOSS 
    $(1,025) 
    $(924) 
    $(1,516) 
    $(1,408)

    NET LOSS PER COMMON SHARE 

    Basic 
    $(0.06) 
    $(0.05) 
    $(0.08) 
    $(0.08)
  
    Diluted 
    $(0.06) 
    $(0.05) 
    $(0.08) 
    $(0.08)

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,589,086  
     18,532,342  
     18,581,957  
     18,504,761 
  
    Diluted 
     18,589,086  
     18,532,342  
     18,581,957  
     18,504,761 

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

3

STRAN & COMPANY, INC.

STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

THREE AND SIX MONTHS ENDED JUNE 30, 2024 AND
2023

(in thousands)

    For the Three Months Ended
 June
    30,  
    For the Six Months Ended 
June
    30,