Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 194

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 194
---
7% for the three months ended September 30, 2025 from
18.9% for the three months ended September 30, 2024.

Operating
Expenses

Operating expenses by segment and in total were
as follows (in thousands):

    Three Months  
       
    Three Months  

    Ended  
       
    Ended  

    September 30,  
       
    September 30,  
       
    Increase / (Decrease) 

    2025  
    %
    of Total  
    2024  
    %
    of Total  
    $  
    % 
  
    Stran 
    $6,885  
     78.4% 
    $7,319  
     90.0% 
    $(434) 
     (5.9)%
  
    SLS 
     1,969  
     21.6% 
     817  
     10.0% 
     1,152  
     141.0%
  
    Total operating expenses 
    $8,854  
     100.0% 
    $8,136  
     100.0% 
    $718  
     8.8%

Operating
expenses consist of general and administrative expenses. Our total operating expenses increased 8.8% to
approximately $8.9 million for the three months ended September 30, 2025,
from approximately $8.1 million for the three months ended September 30, 2024.
Operating expenses of our Stran segment decreased to approximately $6.9 million for the three months ended September 30, 2025 from
approximately $7.3 million for the three months ended September 30, 2024. Operating expenses of our SLS segment increased to approximately
$2.0 million for the three months ended September 30, 2025 from approximately $0.8 million for the three months ended September 30, 2024.
As a percentage of sales, operating expenses decreased to 34.1% for the three months ended
September 30, 2025, from 40.4% for the three months ended September 30, 2024.
As a percentage of sales, operating expenses of our Stran segment decreased to 39.0% for the three months ended September 30, 202