Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 97

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 97
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 activities: 

    Depreciation and amortization 
     574  
     589 
  
    Debt forgiveness 
     —  
     (162)
  
    Adjustment to reconcile operating lease expense to cash paid 
     15  
     27 
  
    Change in allowance for credit losses 
     100  
     59 
  
    Noncash interest accretion 
     84  
     — 
  
    Stock-based compensation 
     173  
     143 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     4,092  
     (361)
  
    Accounts receivable – related parties 
     (239) 
     (853)
  
    Inventory 
     954  
     1,051 
  
    Prepaid taxes 
     28  
     (14)
  
    Prepaid expenses 
     574  
     (404)
  
    Deposits 
     1,139  
     (1,976)
  
    Other Assets 
     (63) 
     — 
  
    Accounts payable and accrued expenses 
     (2,888) 
     651 
  
    Accrued payroll and related 
     (1,267) 
     621 
  
    Unearned revenue 
     (262) 
     2,510 
  
    Rewards program liability 
     2,125  
     (3,250)
  
    Sales tax payable 
     (158) 
     (86)
  
    Net cash provided by (used in) operating activities 
     1,427  
     (1,598)

    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Business acquisitions, net of cash acquired 
     (1,469) 
     (2,123)
  
    Purchases of property and equipment 
     (508) 
     (795)
  
    Proceeds from sale of investments 
     9,161  
     3,031 
  
    Purchase of investments 
     (5,668) 
     (3,545)
  
    Net cash provided by (used in) investing activities 
     1,516  
     (3,432)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Payment of contingent earn-out