Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 16

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part II, Item 8
Chunk 16
---
  
     (208) 
     5,732  
     1,* 
  
    Total operating expenses 
     5,940  
     (208) 
     5,732  
     1,* 

    INCOME FROM OPERATIONS 
     431  
     236  
     667  
     1,6,* 

    Other income 
     242  
     (40) 
     202  
     1 
  
    Unrealized gain (loss) on investments 
     36  
     (36) 
     —  
     8 
  
    Realized gain on investments 
     —  
     77  
     77  
     8 
  
    Total other income 
     461  
     1  
     462  
     1,8 

    INCOME BEFORE INCOME TAXES 
     892  
     237  
     1,129  
     1,6,8,* 

    Provision for income taxes 
     208  
     (344) 
     (136) 
     3 

    NET INCOME 
    $684  
    $581  
    $1,265  
     1,3,6,8,* 

    NET INCOME PER COMMON SHARE 

    Basic 
    $0.04  
    $0.03  
    $0.07  
     1,3,6,8,* 
  
    Diluted 
    $0.04  
    $0.00  
    $0.04  
     1,3,6,8,* 

    WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING 

    Basic 
     18,515,206  
     19,566  
     18,534,772  
     * 
  
    Diluted 
     18,515,206  
     10,723,989  
     29,239,195  
     * 

16

STRAN & COMPANY,
INC.
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(in thousands, except share and per share amounts)

    Statement of Operations for the Nine Months Ended September 30, 2023 
    As